Saturday

07-06-2025 Vol 19

Year: 2025

China’s Steel Production Cut Talks Rattle the Iron Ore Market

Iron ore futures experienced a decline on Wednesday, reversing early gains due to renewed discussions regarding China’s plans to cut…

CoolCo Collaborates with Kongsberg Digital to Enhance Digitalization of LNG Carrier Fleet

Kongsberg Digital has entered into an agreement with Cool Company Ltd. (CoolCo) to enhance its digitalisation efforts by extending the…

Report Highlights Economic and National Security Threats to US from China’s Shipbuilding Dominance

A recent report by the Center for Strategic and International Studies highlights China’s rapid rise to dominance in shipbuilding, currently…

Russian Oil Exports to India Bounce Back in March, Report Sources

In March, Indian imports of Russian oil experienced a notable rebound, returning to levels close to normal after a three-month…

IMO Statement Regarding the Loss of Seafarers in Odesa Merchant Ship Attack

The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez, has publicly addressed the tragic loss of seafarers following…

Fearnleys Weekly Update: Insights for Week 11, 2025

Fearnleys Week 11 2025 The VLCC market experienced a period of calm during the initial days of the past week,…

Baltic Exchange Expands Emissions Calculator with New Biofuel Blends Feature

The Baltic Exchange has recently expanded its Emissions Calculator by incorporating biofuel blends, including biodiesel, bio-LNG, bio-LPG, green methanol, green…

Weekly Market Update: Iron Ore Shipments to China Analyzed

Dry Weekly Market Monitor: Iron Ore Flows to China Concerns continue regarding the economic growth of China, the world’s second-largest…

Canadian Dollar Rises Following ‘Balanced’ Statement from Bank of Canada

The Canadian dollar experienced a slight increase against the U.S. dollar on Wednesday, bolstered by a balanced monetary policy statement…

Limited Interest in the Ship Recycling Market: A Growing Concern

The ship recycling market is experiencing a lack of interest and activity, with buyers remaining cautious amid ongoing economic uncertainties.…