Year: 2025
June 05, 2025
News
Surge in Demand for Propeller Retrofits Quadruples, Yet Adoption Stays Limited, Reports Reuters AP Newsletters
The demand for advanced propeller retrofits and energy-saving devices (ESDs) has seen remarkable growth, nearly quadrupling since 2020. This surge…
June 05, 2025
News
Avikus and ZeroNorth Join Forces to Boost Autonomous and Optimized Shipping Solutions
Avikus, a prominent leader in autonomous navigation solutions and a subsidiary of HD Hyundai, has joined forces with ZeroNorth, a…
June 05, 2025
News
BAR Technologies and Brevik Engineering Partner to Design Wind-Assisted LCO2 Carriers, Reports Reuters AP Newsletters
BAR Technologies and Brevik Engineering have teamed up to present an innovative design for a liquid carbon dioxide (LCO2) carrier,…
June 04, 2025
News
Global Economic Forecast Adjusts Amid Trade Policy Uncertainty Impacting Growth, Reports Reuters and AP Newsletters
The global economic landscape is shifting, with growth projections weakening due to increasing trade barriers, tighter financial conditions, and rising…
June 04, 2025
News
Wildfires Disrupt Canadian Crude Production, Tightening WCS Price Differentials, Reports Reuters AP Newsletters
On June 2, Canadian heavy crude price discounts tightened due to wildfires in northern Canada disrupting production, forcing shutdowns of…
June 04, 2025
News
Global Oil Refiners Experience Short-Term Margin Increase, Reports Reuters and AP Newsletters
Refiners worldwide are currently enjoying a surge in profits due to strong fuel margins, providing a temporary boost for a…
June 04, 2025
News
Survitec Confirms Effectiveness of High-Viscosity Fluorine-Free Foam Concentrates for Industry’s Upcoming Transition
Survitec, a global leader in survival technology, has successfully conducted comprehensive performance tests on new alcohol-resistant fluorine-free firefighting foam concentrates.…
June 04, 2025
News
KR, HD Hyundai Mipo, and HD KSOE Team Up for Eco-Friendly Tank Design in Green Shipping
KR (Korean Register) has entered into a memorandum of understanding (MOU) with HD Hyundai Mipo and HD Korean Shipbuilding &…
June 04, 2025
News
Euro Zone Inflation Drops Below ECB Target, Boosting Speculations for Rate Cuts: Reuters AP Newsletters
Inflation in the Eurozone has dropped below the European Central Bank’s (ECB) target for the first time in recent months.…
June 04, 2025
News
Middle East Crude Update: Murban Falls, Dubai Declines Amid OPEC+ Supply Increase – Reuters AP Newsletters
The Middle East crude benchmark for Murban saw a decline on Tuesday after experiencing significant gains in the previous session.…