Saturday

19-04-2025 Vol 19

Month: March 2025

China’s Retail Sales Surge as Beijing Shifts Focus to Consumers to Mitigate US Trade Strain

China’s retail sales growth accelerated in the first two months of 2025, signaling a positive outcome for policymakers striving to…

Capesizes Maintain Positive Momentum in Dry Bulk Shipping Market

The Capesize dry bulk shipping market experienced a period of gradual strengthening, particularly from midweek onwards. Increased activity and tighter…

Tankers Navigating the Waters of Sanctions

Tankers are navigating a complex environment shaped by evolving sanctions, especially concerning Iranian and Russian oil. According to Gibson Shipbrokers,…

Single Jet Fuel Tank Damaged in Ship Collision Off the Coast of Britain

A U.S. military-contracted tanker carrying jet fuel was involved in a collision with a cargo ship off the northeast coast…

Stena Bulk Provides Update on Stena Immaculate – March 17 Announcement

Stena Bulk has provided an update regarding the Stena Immaculate incident that occurred on March 10, when the container ship…

Week 11 Updates: ISM Coasters and Mini Bulkers Insights

The Supramax and Ultramax shipping markets in the East Coast of South America (ECSA) are currently experiencing a lack of…

Asia Distillates: Active trading persists; April refiner sales come at discounted rates.

Asia’s middle distillates market wrapped up the week with active trading in the window. However, refiners have set April spot…

Iron Ore Approaches Two-Week High Amid Strong Demand and China Stimulus Expectations

Iron ore prices surged on Friday, reaching their highest levels in nearly two weeks, driven by steady demand and growing…

Indian Refineries Seek Latin America, Africa Oil to Offset Russian Imports in February, Data Reveals

In February, Indian refiners increased their crude oil imports from Latin America and Africa, seeking alternatives to Russian oil due…

Approval in Principle Granted for Basic Design of Large Ammonia Carrier by Classification Society

Mitsubishi Shipbuilding Co., Ltd., a division of the Mitsubishi Heavy Industries (MHI) Group, has successfully partnered with Mitsui O.S.K. Lines,…