Saturday

05-07-2025 Vol 19

ECB Officials Determine Euro’s Pain Threshold Amidst Weak Economic Conditions

Two European Central Bank (ECB) policymakers expressed significant concern regarding the impact of a rising euro on the struggling eurozone…

Tariff Risks Cloud Global Manufacturing Outlook Amid Economic Uncertainty

Concerns about upcoming U.S. tariffs are creating a cloudy outlook for factories in Asia and Europe. Surveys released on Tuesday…

Middle East Crude Benchmarks Rise to One-Week High Fueled by Strong Demand

Middle East crude benchmarks, including Oman, Dubai, and Murban, demonstrated significant gains on Tuesday, reaching their highest levels in over…

EIA Reports US Crude Oil Production Reached Record Levels in April

In April, U.S. crude oil production reached an unprecedented level of 13.47 million barrels per day (bpd), surpassing the previous…

LNG Vessel Supplies Fuel to Ro-Ro Ship in Long Beach Harbor

Seaspan Energy has made history as the first and only company to offer ship-to-ship liquefied natural gas (LNG) refueling service…

MOL Launches ‘MOL Bay Links’ as a Unified Holding Company for Tugboat Services

Mitsui O.S.K. Lines, Ltd. has recently announced the formation of MOL Bay Links Co., Ltd., a new holding company designed…

K” LINE Begins Utilizing Bio-LNG Fuel for Its Car Carrier Operations

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has taken an important step in sustainable shipping by utilizing bio-LNG fuel for the…

Shell Delivers First Cargo from LNG Canada Plant

Shell Canada Energy, an affiliate of Shell plc, has announced that the first shipment of liquefied natural gas (LNG) has…

Iron Ore Prices Decline Amidst Diminished Demand from China

Iron ore futures experienced a decline on Tuesday, driven by disappointing factory data and ongoing challenges in China’s property sector,…

NORDEN Expands Fleet with Sale of Two Additional Vessels

NORDEN has successfully sold two additional vessels—a Supramax bulk carrier and an MR tanker. The Supramax vessel was a recently…