Sunday

27-04-2025 Vol 19

shippingandr

China Lifts Tariffs on Select U.S. Goods, Disputes Trump’s Statement on Ongoing Trade Talks

China has made the decision to waive tariffs on certain U.S. imports, suggesting a potential de-escalation in the ongoing trade…

US Seeks to Enhance Offshore Oil Drilling by Relaxing Regulatory Pressure

The U.S. Interior Department announced on Thursday that it has established new guidelines aimed at increasing offshore oil drilling activities,…

Iron Ore Sees Weekly Gains Driven by Strong Demand from China

Iron ore futures experienced a decline on Friday due to persistent uncertainty surrounding Sino-U.S. trade relations, yet managed to secure…

S&P Global to Acquire ORBCOMM’s AIS Business, Enhancing Supply Chain and Maritime Services

S&P Global has reached an agreement to acquire the Automatic Identification System (AIS) data services business from ORBCOMM Inc. This…

HD Korea Shipbuilding Receives Order for Two Container Ships from Asian Shipowner

HD Korea Shipbuilding & Offshore Engineering, a key player in the shipbuilding sector under HD Hyundai, announced on April 25…

CMA CGM Acquires 51% Stake in Santos Brasil, South America’s Largest Container Terminal Operator

CMA CGM Group, a prominent global player in sea, land, air, and logistics solutions, has officially announced the successful closing…

April Supply Chain Report: Global Uncertainties Threaten Freight Market Recovery by 2025

ITS Logistics has published its April Supply Chain Report, revealing ongoing uncertainties in global supply chains that may hinder the…

Russia to Provide Iran with 1.8 bcm of Gas in 2025, Pricing Negotiations Underway

Russia is set to potentially supply 1.8 billion cubic meters (bcm) of natural gas to Iran in 2025, although the…

Asia: Rising Gasoline Crack Prices Amid Declining ARA Stocks

Asia’s gasoline refining profit margin saw an increase on Friday, driven by the upcoming high-demand season in the U.S. and…

India’s Steel Secretary Predicts Increase in Coking Coal Imports

India’s steel secretary has announced a significant increase in coking coal imports, attributing this trend to limited availability of this…