shippingandr
July 02, 2025
News
ECB Officials Determine Euro’s Pain Threshold Amidst Weak Economic Conditions
Two European Central Bank (ECB) policymakers expressed significant concern regarding the impact of a rising euro on the struggling eurozone…
July 02, 2025
News
Tariff Risks Cloud Global Manufacturing Outlook Amid Economic Uncertainty
Concerns about upcoming U.S. tariffs are creating a cloudy outlook for factories in Asia and Europe. Surveys released on Tuesday…
July 02, 2025
News
Middle East Crude Benchmarks Rise to One-Week High Fueled by Strong Demand
Middle East crude benchmarks, including Oman, Dubai, and Murban, demonstrated significant gains on Tuesday, reaching their highest levels in over…
July 02, 2025
Oil
EIA Reports US Crude Oil Production Reached Record Levels in April
In April, U.S. crude oil production reached an unprecedented level of 13.47 million barrels per day (bpd), surpassing the previous…
July 02, 2025
News
LNG Vessel Supplies Fuel to Ro-Ro Ship in Long Beach Harbor
Seaspan Energy has made history as the first and only company to offer ship-to-ship liquefied natural gas (LNG) refueling service…
July 02, 2025
News
MOL Launches ‘MOL Bay Links’ as a Unified Holding Company for Tugboat Services
Mitsui O.S.K. Lines, Ltd. has recently announced the formation of MOL Bay Links Co., Ltd., a new holding company designed…
July 02, 2025
Opera
K” LINE Begins Utilizing Bio-LNG Fuel for Its Car Carrier Operations
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has taken an important step in sustainable shipping by utilizing bio-LNG fuel for the…
July 02, 2025
News
Shell Delivers First Cargo from LNG Canada Plant
Shell Canada Energy, an affiliate of Shell plc, has announced that the first shipment of liquefied natural gas (LNG) has…
July 02, 2025
China
Iron Ore Prices Decline Amidst Diminished Demand from China
Iron ore futures experienced a decline on Tuesday, driven by disappointing factory data and ongoing challenges in China’s property sector,…
July 02, 2025
News
NORDEN Expands Fleet with Sale of Two Additional Vessels
NORDEN has successfully sold two additional vessels—a Supramax bulk carrier and an MR tanker. The Supramax vessel was a recently…