Month: April 2025
April 14, 2025
News
China’s Q1 GDP Growth Expected to Drop to 5.1% Amid Rising Pressure from Trump 2.0 Policies
China’s economy appears to be slowing down in the first quarter of the year, with projected GDP growth at 5.1%,…
April 14, 2025
News
Chevron Cancels Venezuelan Oil Shipments Due to Uncertainty Surrounding Payment Options
Chevron’s Venezuelan oil shipments are facing significant disruption as at least two vessels, chartered by the company, have been stalled.…
April 14, 2025
News
Asian Refineries Eye Increased WTI Midland Crude Purchases Amid Falling Chinese Demand and Tariffs
Asian refiners are increasingly looking to purchase additional WTI Midland crude as China’s demand for this grade declines amid ongoing…
April 14, 2025
News
The Impact of New Fuel Bunkering on Route Planning Strategies
The maritime industry is undergoing a significant transition towards reducing emissions, influenced by an evolving set of regulatory requirements aimed…
April 14, 2025
News
Global Shipping Faces Challenges
The International Maritime Organization (IMO) convened this week to finalize its greenhouse gas (GHG) strategy, but the overall ambition remains…
April 14, 2025
News
Shipping Update: Asia-US Container Rates Rise Due to Tariffs and Limited Capacity Constraints
Shipping container rates between East Asia, especially from China, and the United States have risen slightly this week. This increase…
April 14, 2025
News
Capesize Market Faces Challenges in Dry Bulk Shipping Sector
The Capesize market experienced significant challenges this week, primarily driven by broader macroeconomic tensions, particularly the escalating trade conflicts between…
April 14, 2025
News
Star Asia Shipbroking Weekly Market Update
Star Asia Shipbroking Weekly Market Report – WEEK 15 Global financial markets continued to experience volatility this past week, following…
April 14, 2025
News
Shipping’s Fossil Fuel Phase-Out: IMO Measures Fall Short on GHG Goals but Signal Shift to Hydrogen Fuels
The phase-out of fossil fuels in the shipping industry is gaining momentum, but the measures set by the International Maritime…
April 14, 2025
News
Oil Demand Challenges May Impact Tanker Industry Significantly
Concerns about the impact of declining oil prices on the tanker market are growing. According to Gibson, the duration of…