Month: March 2025
March 17, 2025
News
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…
March 17, 2025
News
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…
March 17, 2025
News
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,…
March 17, 2025
News
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…
March 17, 2025
News
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…
March 17, 2025
News
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…
March 15, 2025
News
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…
March 15, 2025
News
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…
March 15, 2025
News
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…
March 15, 2025
News
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,…