Month: March 2025
March 18, 2025
News
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)…
March 18, 2025
News
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…
March 18, 2025
News
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…
March 18, 2025
News
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…
March 18, 2025
News
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…
March 18, 2025
News
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…
March 18, 2025
News
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…
March 18, 2025
News
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…
March 18, 2025
News
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…
March 18, 2025
News
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…