Sunday

01-06-2025 Vol 19

shippingandr

Oversupply of Wheat in Australia Due to Weak Demand from China

Australian wheat inventory levels are projected to surpass those of last year by the end of the current season. This…

AM Green and Port of Rotterdam to Create Green Energy Supply Chain for 1 Million Tons Annually

AM Green and the Port of Rotterdam Authority have entered into a Memorandum of Understanding to develop a green energy…

Tankers: Uncertainty Leads to Minimal Developments, Reports from Reuters AP Newsletters

The current state of the tanker market presents a mix of supportive demand and elevated uncertainty. Recent indicators suggest that…

Dry Bulk Ship Prices Surge Amid Market Recovery, Reports Reuters AP Newsletters

Dry bulk carrier prices are on the rise, reflecting an improving market condition. A review of historical data indicates that…

Speedcast SIGMAT’s Next-Gen Release: Enhanced Architecture and Software for Modern Edge Operations Challenges

Speedcast, a prominent provider of communications and IT services, has unveiled its latest release of the SIGMA™ intelligent edge network…

Asyad Shipping Expands Fleet with Purchase of Two Mega Crude Tankers in Oman

Asyad Shipping has recently announced the acquisition of two mega crude oil tankers, which rank among the largest globally with…

CPC Blend Differential Hits Five-Week Low Amid Struggles to Place Prompt Cargoes, Reports Reuters

The differential for CPC Blend has dropped to its lowest point in five weeks as of May 22, primarily due…

Rising Oil Stocks May Signal Bad News for Prices: Impacts on Land and Sea Trade

The rise in oil inventories stored both on land and at sea has recently surged, presenting an alarming indication of…

Frontline Reports $33.3 Million Profit for the First Quarter, According to Reuters AP Newsletters

Frontline plc announced its unaudited financial results for the first quarter ending March 31, 2025, reporting a profit of $33.3…

Advanced Shipping & Trading

Advanced Shipping & Trading presents the weekly shipping market report for Week 21 of 2025. In recent developments, Oldendorff Carriers…