Sunday

27-04-2025 Vol 19

shippingandr

Baker Hughes Reports US Oil Rig Count Reaches Highest Level Since June

U.S. energy companies have reduced the total number of active rigs for the second consecutive week, despite an increase in…

Protests and Poor Roads Disrupt Amazon Shipping Routes for Brazilian Soy Exports

Shipping of Brazil’s significant soybean crop has recently faced disruptions due to indigenous protests and inadequate road conditions. The river…

Cleanup Efforts Underway for Oil Spill Near Northeastern Pulau Ubin and Changi Beach in Singapore

The Johor Port Authority has reported to the Maritime and Port Authority of Singapore (MPA) that the oil leak at…

DP World Begins Duke Point Terminal Expansion, Enhancing Vancouver Island’s Connection to Global Trade

DP World has officially commenced construction on the expansion of the Duke Point Terminal, an initiative designed to significantly improve…

China Responds Strongly in Trade War, Imposing Tariffs on American Products

China has escalated the ongoing trade dispute with the United States by imposing additional tariffs of 34% on American goods.…

Analysts suggest US tariffs may allow Trump more flexibility on oil sanctions due to economic impact.

The economic implications of the recent US tariffs could potentially provide President Donald Trump with greater leverage regarding oil sanctions…

FAO Food Price Index Remains Steady in March 2025

In March 2025, the FAO Food Price Index (FFPI) averaged 127.1 points, showing little change from February. The stability was…

Goldman Lowers Oil Price Projections Amid Tariff Concerns and Increased OPEC+ Supply

Goldman Sachs has adjusted its oil price forecasts, lowering its average price prediction for Brent crude in 2023 by 5.5%…

Forecast for Fuel Availability in the Americas

The fuel availability outlook for North America indicates that bunker supply in Houston has maintained a steady flow, although overall…

Tanker Prohibited from Transferring Russian Oil at Sea Near India, Sources Report

An aging tanker loaded with Russian oil has been barred from entering India, prompting it to transfer its cargo to…