Friday

25-04-2025 Vol 19

Year: 2025

China’s Crude Oil Imports Decline in Early 2023 Due to Sanctions and Port Restrictions

China’s crude oil imports decreased by 5% in January and February 2025 compared to the same period last year, as…

Russia hints at OPEC+ oil output reversal; Kazakhstan commits to production cuts, reports Hellenic Shipping News.

Russia’s Deputy Prime Minister Alexander Novak announced on Friday that the OPEC+ group has agreed to increase oil production starting…

US Crude Exports to India Reach Highest Level in Two Years Amidst Russia Sanctions in February

U.S. crude oil exports to India reached their highest level in over two years in February, following increased sanctions on…

AET and Fleetzero Partner to Create the World’s Longest-Range Hybrid Electric Vessel

AET, a prominent global owner and operator in maritime transportation, has partnered with Fleetzero, a company specializing in modular marine…

Record Increase in China’s Coal Imports, Yet Outlook Faces Growing Risks

China’s coal imports have reached a record high during the January-February period, rising 2.1% year-on-year to 76.12 million metric tons,…

WinGD X-DF Reduces Methane Emissions in Final VCR Technology Tests

Swiss marine power company WinGD has successfully completed shop tests of its innovative variable compression ratio (VCR) technology. The findings…

Week 10 Assessment Index for VHBS New ConTex Container Ship Time Charter

In Week 10, the New ConTex Index experienced a notable increase of 9 points. This shift indicates an overall positive…

CMA CGM to Invest $20 Billion in U.S. Maritime and Logistics Over Next Four Years

CMA CGM Group, a prominent player in maritime and logistics solutions, has announced a remarkable investment of $20 billion aimed…

Gibson Tanker Report: Insights into Nigeria’s Oil Trade

Gibson Tanker Report – Navigating Nigeria’s Oil Trade In recent months, the Nigerian oil sector has faced numerous challenges, ranging…

Weather Disruptions in Australia Affect China’s Iron Ore Imports in January-February

In the initial months of 2025, China experienced an 8.4% decline in iron ore imports compared to the previous year,…