Friday

18-04-2025 Vol 19

Month: March 2025

Dan-Bunkering Executes Union Bulk’s Inaugural Biofuel Operation in Singapore

Dan-Bunkering has successfully conducted Union Bulk’s inaugural bunkering of biofuel in Singapore. This significant operation, executed through a ship-to-ship (STS)…

Sources: China’s Possible Steel Output Reductions Bolster Iron Ore and Steel Markets

China’s consideration of reducing its crude steel production by 50 million metric tons in 2025 compared to 2024 has created…

China’s Global Times Issues Warning: US to Face ‘High Tariffs’ from Other Nations

China’s Global Times has issued a warning that the U.S. economy could face severe repercussions due to retaliatory high tariffs…

April Asian LNG Market Activity Soars as JKM Prices Decline from Recent Peaks

In April, the Platts Market on Close (MOC) for Asian LNG experienced a surge in activity, coinciding with a notable…

Middle East Crude Benchmarks Remain Stable as Basra Discounts Increase

Middle East crude benchmarks remain steady, with the Dubai benchmark showing little change on Tuesday. This stability is supported by…

Iron Ore Prices Stabilize Amid China’s Property Issues and Strong Steel Demand

Iron ore futures experienced a range-bound trading session on Tuesday, as market participants weighed the ongoing challenges in China’s property…

GNV Evaluates RINA’s Machine Learning Models for Enhanced Energy Efficiency on Innovations in Vessels

GNV has partnered with RINA to utilize its SERTICA Performance system for optimizing energy usage on its new vessel, GNV…

PPG Introduces First Drydocking for COSCO Shipping Using Advanced PPG SIGMAGLIDE Coating Application

PPG has announced its first collaboration with COSCO Shipping Energy Transportation Ltd. for drydocking, utilizing the electrostatic application of PPG…

MPA and CMA CGM Partner to Promote Sustainable Shipping and Advance Digital Innovation Efforts

The Maritime and Port Authority of Singapore (MPA) and CMA CGM Group have renewed their Memorandum of Understanding (MoU) to…

China’s Steel and Iron Ore: Navigating a Rollercoaster of Optimism and Harsh Realities

China’s steel and iron ore industries are navigating a landscape of fluctuating optimism and stark reality. Recent data from the…