Wednesday

02-07-2025 Vol 19

shippingandr

BlackRock Pursues Short-Term Investments as Global Economic Conditions Remain Unstable

BlackRock’s Investment Institute (BII) highlighted a shift in strategy as a response to increasing uncertainty in traditional long-term economic trends.…

Ukraine’s Grain Exports for 2024/25 Decline by 20.5% to 40.6 Million Tons, Reports Ministry

Ukraine’s grain exports are projected to decrease by 20.5% in the 2024/25 season, with estimates indicating a total of 40.6…

Valenciaport Collaborates on “Upcycling the Oceans” Project to Address Marine Debris Challenges

The Port Authority of Valencia (APV) has officially joined the international initiative “Upcycling the Oceans,” which is spearheaded by the…

Hiab: Timetable Update for Finalizing MacGregor Sale

Hiab, previously known as Cargotec, announced on November 14, 2024, that it has entered into an agreement to sell its…

Unity Ship Management Implements BASSnet SaaS for Enhanced Efficiency in Fleet Operations

Unity Ship Management (USM) has entered into a strategic partnership with BASS Software to implement the complete suite of BASSnet…

China’s sluggish factory performance prompts calls for increased stimulus amid looming tariff risks.

China’s manufacturing sector continues to face challenges, with activity shrinking for the third consecutive month in June, albeit at a…

Asia Distillates: Slow Month-End Trading Momentum; Traders Anticipate Upcoming August Refiner Sales

Asia’s middle distillates market experienced a subdued trading atmosphere as June came to a close. Many traders adopted a wait-and-see…

Emerging Challenges Ahead for Oil Markets

The oil markets are currently facing a wave of uncertainties, driven by geopolitical tensions and changing global economic conditions. Recent…

California Farms Face Risk as Immigration Raids Result in Unharvested Crops

Immigration raids are posing a significant threat to California’s agricultural sector, leaving crops unharvested and farms at risk. Lisa Tate,…

China’s July Gasoil Exports Projected to Spike 88% Month-Over-Month Due to Improved Margins

Chinese oil companies are gearing up for a significant increase in clean oil product exports in July, with gasoil shipments…