Month: June 2025
June 29, 2025
News
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…
June 29, 2025
China
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…
June 29, 2025
News
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…
June 29, 2025
Oil
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…
June 29, 2025
News
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…
June 29, 2025
Report
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…
June 29, 2025
Report
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…
June 29, 2025
News
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.…
June 29, 2025
News
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…
June 29, 2025
Oil
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…