Friday

02-05-2025 Vol 19

Month: May 2025

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.…

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…

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…

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…

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…

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…