Month: May 2025
May 01, 2025
News
PPA SA: Resilient Growth Amid Challenges
PPA SA has reported its financial results for the first quarter of 2025, demonstrating impressive growth despite ongoing economic challenges.…
May 01, 2025
News
Asia Fuel Oil Hits Multi-Year High for 380-cst HSFO Cracks
Asia’s refining cracks for 380-cst high sulphur fuel oil (HSFO) surged to a multi-year high on Wednesday, driven by a…
May 01, 2025
News
FUJAIRAH REPORT: Oil Product Inventories Hit Lowest Level in One Month
Oil product inventories at the UAE’s Port of Fujairah saw a significant decline of 5.9% in the week ending April…
May 01, 2025
News
Week 18 Assessment Index for New ConTex Container Ship Time Charters by VHBS
The VHBS New ConTex Container Ship Time Charter Assessment Index for Week 18 indicates a period of stagnation in the…
May 01, 2025
News
US Tariff Hikes Impact Demand Outlook in Dry Bulk Shipping Sector
The recent tariff increases imposed by the US and China, effective from April 25, have considerable implications for dry bulk…
May 01, 2025
News
Ship Demolition Trends: Continued Suppression and Stagnation Observed in Market Conditions
Ship demolition activity remains subdued as market conditions persist under pressure. Best Oasis, a prominent cash buyer, reported that the…