Month: April 2025
April 10, 2025
News
Russian Seaborne Oil Exports Decline 6% Despite Impacts of New Sanctions Being Minimal
In early January, the Biden Administration intensified efforts to limit Russian oil exports by imposing sanctions on over 180 ships…
April 10, 2025
News
Ship Recycling Market Shows Continued Lack of Activity
The ship recycling market has been relatively quiet in recent weeks, influenced by several factors including holidays in key regions.…
April 10, 2025
News
Trump Claims the U.S. Earns $2 Billion Daily From Tariffs
U.S. President Donald Trump announced on Tuesday that the country is generating $2 billion daily from tariffs. He made this…
April 09, 2025
News
ECB’s Stournaras Warns Higher Inflation from Tariffs May Postpone Monetary Policy Normalization
Yannis Stournaras, a policymaker at the European Central Bank (ECB) and the governor of the Bank of Greece, remarked on…
April 09, 2025
News
Middle East Crude Benchmarks Decline as Supply Outlook Remains Elevated
Middle East crude benchmark spot premiums for Oman, Dubai, and Murban have decreased, reflecting concerns regarding rising supply levels and…
April 09, 2025
News
Goldman Sachs Predicts Brent and WTI Oil Prices Across Various Future Scenarios
Goldman Sachs has provided forecasts for Brent and WTI crude oil prices, projecting that by December 2025, Brent will be…
April 09, 2025
News
Coal Production in the U.S. Has Decreased Across All Types Over the Last 20 Years
U.S. coal production has significantly declined over the past two decades, with 2023 witnessing output of 578 million short tons…
April 09, 2025
News
HEMEXPO spearheads design thinking in EU Horizon innovation project called SEASTARS.
HEMEXPO, a prominent association representing marine equipment manufacturers and exporters in the international shipping industry, has officially joined the EU…
April 09, 2025
News
Marine Fuel Supplier Celebrates One Year of Significant Growth and Impact in the Industry.
Quay Energy Solutions, a specialist marine fuel supplier established in 2023, has experienced remarkable growth in its inaugural year. The…
April 09, 2025
News
Fuel Availability Forecast in the East of Suez Region
The fuel availability outlook for the East of Suez region indicates varying conditions across several key ports. In Singapore, VLSFO…