Thursday

24-04-2025 Vol 19

Year: 2025

China’s Q1 GDP Growth Expected to Drop to 5.1% Amid Rising Pressure from Trump 2.0 Policies

China’s economy appears to be slowing down in the first quarter of the year, with projected GDP growth at 5.1%,…

Chevron Cancels Venezuelan Oil Shipments Due to Uncertainty Surrounding Payment Options

Chevron’s Venezuelan oil shipments are facing significant disruption as at least two vessels, chartered by the company, have been stalled.…

Asian Refineries Eye Increased WTI Midland Crude Purchases Amid Falling Chinese Demand and Tariffs

Asian refiners are increasingly looking to purchase additional WTI Midland crude as China’s demand for this grade declines amid ongoing…

The Impact of New Fuel Bunkering on Route Planning Strategies

The maritime industry is undergoing a significant transition towards reducing emissions, influenced by an evolving set of regulatory requirements aimed…

Global Shipping Faces Challenges

The International Maritime Organization (IMO) convened this week to finalize its greenhouse gas (GHG) strategy, but the overall ambition remains…

Shipping Update: Asia-US Container Rates Rise Due to Tariffs and Limited Capacity Constraints

Shipping container rates between East Asia, especially from China, and the United States have risen slightly this week. This increase…

Capesize Market Faces Challenges in Dry Bulk Shipping Sector

The Capesize market experienced significant challenges this week, primarily driven by broader macroeconomic tensions, particularly the escalating trade conflicts between…

Star Asia Shipbroking Weekly Market Update

Star Asia Shipbroking Weekly Market Report – WEEK 15 Global financial markets continued to experience volatility this past week, following…

Shipping’s Fossil Fuel Phase-Out: IMO Measures Fall Short on GHG Goals but Signal Shift to Hydrogen Fuels

The phase-out of fossil fuels in the shipping industry is gaining momentum, but the measures set by the International Maritime…

Oil Demand Challenges May Impact Tanker Industry Significantly

Concerns about the impact of declining oil prices on the tanker market are growing. According to Gibson, the duration of…