Year: 2025
April 09, 2025
News
Shipbuilding Orders Transitioning from China to South Korea
Recent trends in the shipbuilding industry reveal a significant shift in newbuilding orders from China to South Korea. The South…
April 08, 2025
News
EU Focuses on Negotiations with US to Eliminate Trump-Era Tariffs Challenges
European Union ministers convened on Monday to prioritize negotiations aimed at eliminating the tariffs imposed by former President Donald Trump.…
April 08, 2025
News
Analyzing the Effects of Trump’s Tariffs to Date: An In-Depth Examination
The implementation of extensive tariffs by US President Donald Trump has significantly disrupted markets, sparking fears of a trade war…
April 08, 2025
News
Russian Urals Oil Prices Hit Lowest Level of 2023 Amidst Collapse of Brent Prices
Russian Urals oil prices have plummeted to their lowest levels of 2023, driven by a significant decline in international benchmark…
April 08, 2025
News
Saudi Arabia Lowers May Oil Prices to Lowest in Four Months Ahead of OPEC+ Supply Increase
Saudi Arabia, recognized as the world’s leading oil exporter, has announced a significant reduction in crude oil prices for Asian…
April 08, 2025
News
NYK Finalizes Contract for Construction and Charter of Dual-fuel Methanol VLCC with Idemitsu Tanker
On April 4th, NYK finalized a contract for the construction and charter of a very large crude oil carrier (VLCC)…
April 08, 2025
News
CMA CGM Group Integrates Mistral AI’s Custom AI Solutions for Enhanced Shipping and Logistics Operations
The CMA CGM Group, a prominent player in shipping, logistics, and media, has announced a strategic five-year partnership with Mistral…
April 08, 2025
News
ClassNK Grants Initial Technology Qualification Statement to JAPAN MARINE SCIENCE for Advanced Routing Simulation and Planning
ClassNK has successfully completed the Technology Qualification (TQ) process for the ‘Advanced Routing Simulation and Planning’ (ARS) software developed by…
April 08, 2025
News
Greece awaits EU response to US tariffs; PM assures that economy can handle challenges ahead.
Greece’s Prime Minister Kyriakos Mitsotakis expressed confidence that the country’s economy can cope with the challenges posed by new tariffs…
April 08, 2025
News
Kremlin Attributes Declining Oil Prices to Tensions in the Global Economic Landscape
Oil prices are a crucial indicator of Russia’s economic stability, and the Kremlin is keeping a watchful eye on recent…