Wednesday

30-07-2025 Vol 19

Month: June 2025

Dangote Targets Elimination of Africa’s Fertiliser Imports Through Local Production Initiatives

Nigerian billionaire Aliko Dangote has set an ambitious goal for Africa to achieve self-sufficiency in fertiliser production within the next…

China’s Rare Earth Exports Resume, Yet Restrictions Remain in Place

China’s rare earths are becoming available again, but the flow is not as unrestricted as hoped. The initial threat of…

Pakistan Allocates $42 Million to Convert Ship-Breaking Yard into a Model Green Facility

The government of Pakistan has approved a significant investment of Rs12 billion, equivalent to $42 million, to transform the Gadani…

Asia’s June Crude Oil Imports Surge, But Rising Prices Could Impact Demand

Asia’s crude oil imports experienced a notable increase in June 2025, recovering from a slow start at the beginning of…

Tanker Owner and UK’s Ninth Richest Man Relocates Business, Declares ‘Britain has Gone to Hell’

John Fredriksen, the Norwegian-born shipping magnate and the UK’s ninth richest individual, has declared, “Britain has gone to hell,” following…

Gard Crew Report 2025: Essential Insights on Seafarer Health and Safety Trends

Gard has published its second Crew Claims Report, highlighting significant trends related to seafarer health and safety. Based on claims…

Xeneta Reports Significant Decline in Container Shipping Rates

Xeneta has reported a dramatic decline in container rates, particularly affecting the Transpacific trade. As of June 27, 2025, the…

Navigating Disruption: Understanding Delay Risk Insurance Beyond Traditional Approaches

In an era marked by wars, pandemics, port strikes, and unexpected shutdowns, shipowners and charterers are increasingly vulnerable to delays.…

Capesize Market Experiences Decline in Dry Bulk Sector Last Week

The Capesize market saw a significant decline last week, reflecting weak sentiment amid low activity in both the Atlantic and…

Crude Tanker Markets to Stay Strong Amid Supportive Oil Market Fundamentals

According to Gibson Shipbrokers, recent forecasts indicate a significant shift in crude oil demand, particularly from China. The expectation for…