Month: April 2025
April 10, 2025
News
Asian Buyers Avoid US Agricultural Products Due to Shipping Issues and Ongoing Trade Conflict
Asian buyers are scaling back their purchases of U.S. agricultural products due to increasing uncertainty stemming from new trade tariffs…
April 10, 2025
News
From Code to Cargo: The Journey of Developing Software for the Shipping Industry
Digitalization in the shipping industry is accelerating; however, in the dry bulk sector, traditional tools like spreadsheets and PDFs remain…
April 10, 2025
News
Daily Iron Ore Index Report by MMI: April 10, 2025 Edition
On April 10, 2025, the iron ore market displayed positive momentum as DCE iron ore futures opened higher in the…
April 10, 2025
News
EU Set to Respond to U.S. Tariffs with Retaliatory Measures Starting Tuesday
The European Union is set to implement its first countermeasures against U.S. tariffs starting Tuesday next week. This decision follows…
April 10, 2025
News
EIA Data Reveals Increase in US Crude Stockpiles Amid January Lows in Exports
U.S. crude oil stockpiles experienced an increase last week as imports rose while exports fell to their lowest levels since…
April 10, 2025
News
Rising Concerns in Thermal Coal Market Due to US-China Tariff Conflicts
The thermal coal market is experiencing increased caution as tensions between the U.S. and China escalate. Following the introduction of…
April 10, 2025
News
Iron Ore Drops to 6.5-Month Low Amid Intensifying Global Trade War Impacts
Iron ore futures experienced a significant decline on Wednesday, reaching their lowest levels in over six months. This drop is…
April 10, 2025
News
Panama Attorney General Launches Investigation into CK Hutchison’s Port Contract Deal
Panama’s attorney general, Luis Carlos Gomez, has announced an investigation into a contract awarded to the Hong Kong-based CK Hutchison…
April 10, 2025
News
New Solution Reduces Methane Slip by Up to 75% for Wärtsilä 50DF Engine
Wärtsilä has unveiled a new methane slip reduction solution for its Wärtsilä 50DF dual-fuel engine, significantly enhancing its environmental performance.…
April 10, 2025
News
ADB Warns US Tariffs and China’s Slowdown Impede Growth Prospects for Developing Asia
The Asian Development Bank (ADB) has indicated that the full implementation of U.S. tariffs may reduce growth in developing Asia…