Friday

25-04-2025 Vol 19

Month: April 2025

Carriers Increase Cancellations: Indicator of Declining Volumes or Strategy to Boost Shipping Rates?

Carriers are increasingly canceling sailings, raising questions about whether this trend indicates declining shipping volumes or is a strategy to…

Navigating Sanctions at Sea: The Surge of Aframax Tankers and Global Geopolitical Implications

Tracking maritime sanctions has become increasingly vital, particularly with the surge in Aframax vessels under restrictions due to geopolitical tensions.…

We4Ce Develops Initial Rotor Blades for TouchWind’s Innovative One-Piece Floating Rotor Turbine

We4Ce, a Dutch company specializing in rotor blade design, has created 10 rotor blade sets for TouchWind, a startup focused…

Shipbuilding Orders Transitioning from China to South Korea

Recent trends in the shipbuilding industry reveal a significant shift in newbuilding orders from China to South Korea. The South…

EU Focuses on Negotiations with US to Eliminate Trump-Era Tariffs Challenges

European Union ministers convened on Monday to prioritize negotiations aimed at eliminating the tariffs imposed by former President Donald Trump.…

Analyzing the Effects of Trump’s Tariffs to Date: An In-Depth Examination

The implementation of extensive tariffs by US President Donald Trump has significantly disrupted markets, sparking fears of a trade war…

Russian Urals Oil Prices Hit Lowest Level of 2023 Amidst Collapse of Brent Prices

Russian Urals oil prices have plummeted to their lowest levels of 2023, driven by a significant decline in international benchmark…

Saudi Arabia Lowers May Oil Prices to Lowest in Four Months Ahead of OPEC+ Supply Increase

Saudi Arabia, recognized as the world’s leading oil exporter, has announced a significant reduction in crude oil prices for Asian…

NYK Finalizes Contract for Construction and Charter of Dual-fuel Methanol VLCC with Idemitsu Tanker

On April 4th, NYK finalized a contract for the construction and charter of a very large crude oil carrier (VLCC)…

CMA CGM Group Integrates Mistral AI’s Custom AI Solutions for Enhanced Shipping and Logistics Operations

The CMA CGM Group, a prominent player in shipping, logistics, and media, has announced a strategic five-year partnership with Mistral…