Year: 2025
                        March 18, 2025
                                    News
                                    
                    
                    MPA and CMA CGM Partner to Promote Sustainable Shipping and Advance Digital Innovation Efforts
                The Maritime and Port Authority of Singapore (MPA) and CMA CGM Group have renewed their Memorandum of Understanding (MoU) to…            
        
                        March 18, 2025
                                    News
                                    
                    
                    China’s Steel and Iron Ore: Navigating a Rollercoaster of Optimism and Harsh Realities
                China’s steel and iron ore industries are navigating a landscape of fluctuating optimism and stark reality. Recent data from the…            
        
                        March 18, 2025
                                    News
                                    
                    
                    HSFO Prices Continue to Drop; Anticipating Increased Supply Arrivals
                High sulphur fuel oil (HSFO) spot premiums continued their downward trend on Tuesday, and market participants are closely monitoring incoming…            
        
                        March 18, 2025
                                    News
                                    
                    
                    US Airstrikes Heighten Concerns for Ships, Causing Red Sea Insurance Rates to Remain Steady
                Insurance rates for ships navigating the Red Sea are anticipated to remain stable following recent U.S. airstrikes in Yemen, which…            
        
                        March 18, 2025
                                    News
                                    
                    
                    European Shipping Vital for Security, Featuring 35% of Global Fleet, Studies Reveal
                European shipping plays a pivotal role in securing the continent’s geopolitical standing, as highlighted by recent studies from Deloitte and…            
        
                        March 18, 2025
                                    News
                                    
                    
                    Strategies for Expediting Green Fuel Production: Key Recommendations
                Recommendations to Accelerate the Production of Green Fuels Danish shipping companies are keen to invest in new vessels and green…            
        
                        March 18, 2025
                                    News
                                    
                    
                    Dollar Rises Against Euro Following German Vote on Increased Spending
                The value of the dollar rose against the euro on Tuesday following the approval by Germany’s parliament of a significant…            
        
                        March 18, 2025
                                    News
                                    
                    
                    Weak Momentum in Newbuilding Orders Continues
                Newbuilding orders in the shipping sector are currently showing a lack of momentum, with recent market observations highlighting an overall…            
        
                        March 17, 2025
                                    News
                                    
                    
                    US Retail Sales Show Modest Recovery as Underlying Trends Remain Strong
                U.S. retail sales showed a slight recovery in February, indicating cautious consumer behavior amidst economic uncertainties, including tariffs and widespread…            
        
                        March 17, 2025
                                    News
                                    
                    
                    Middle East Crude Benchmarks Reach Highest Levels of the Month with Continued Gains
                Middle East crude benchmarks, including Oman, Dubai, and Murban, continued to see increases on Monday, reaching their highest premiums this…