Saturday

19-04-2025 Vol 19

Month: March 2025

HSFO Prices Continue to Drop; Anticipating Increased Supply Arrivals

High sulphur fuel oil (HSFO) spot premiums continued their downward trend on Tuesday, and market participants are closely monitoring incoming…

US Airstrikes Heighten Concerns for Ships, Causing Red Sea Insurance Rates to Remain Steady

Insurance rates for ships navigating the Red Sea are anticipated to remain stable following recent U.S. airstrikes in Yemen, which…

European Shipping Vital for Security, Featuring 35% of Global Fleet, Studies Reveal

European shipping plays a pivotal role in securing the continent’s geopolitical standing, as highlighted by recent studies from Deloitte and…

Strategies for Expediting Green Fuel Production: Key Recommendations

Recommendations to Accelerate the Production of Green Fuels Danish shipping companies are keen to invest in new vessels and green…

Dollar Rises Against Euro Following German Vote on Increased Spending

The value of the dollar rose against the euro on Tuesday following the approval by Germany’s parliament of a significant…

Weak Momentum in Newbuilding Orders Continues

Newbuilding orders in the shipping sector are currently showing a lack of momentum, with recent market observations highlighting an overall…

US Retail Sales Show Modest Recovery as Underlying Trends Remain Strong

U.S. retail sales showed a slight recovery in February, indicating cautious consumer behavior amidst economic uncertainties, including tariffs and widespread…

Middle East Crude Benchmarks Reach Highest Levels of the Month with Continued Gains

Middle East crude benchmarks, including Oman, Dubai, and Murban, continued to see increases on Monday, reaching their highest premiums this…

China’s Crude Oil Inventories Experience Uncommon Decline Due to Weak Import Levels

China’s recent dip into its crude oil stockpiles marks a significant moment, as this occurred during the first two months…

China’s Crude Steel Production Declines in January and February, Despite Improving Profit Margins

China’s crude steel production in January and February 2025 experienced a decrease of 1.5% compared to the same period last…