Sunday

01-06-2025 Vol 19

shippingandr

Middle East Crude Benchmarks Decline for Second Session Amid OPEC+ Supply Hike Expectations, Reports Reuters

Middle East crude benchmarks Oman, Dubai, and Murban experienced a decline for the second consecutive session on Friday. Market expectations…

Weaker Dollar and Enhanced Risk Appetite Boost Copper Prices, Reports Reuters AP Newsletters

Copper prices and other base metals experienced an uptick on Friday, largely driven by a weaker U.S. dollar and a…

HD Korea Shipbuilding Secures $270.6 Million Contract for Two LNG Bunkering Vessels

HD Korea Shipbuilding & Offshore Engineering, part of the HD Hyundai group, announced on May 23 that it has secured…

RightShip Pursues New Skills to Maintain Leadership in Maritime AI – Reuters AP Newsletter

RightShip is dedicated to achieving Zero Harm in the global maritime value chain by mitigating risks to vessels, people, and…

Exploring Cashew Nut Shell Liquid Blends: Indicators of a Potential Fuel Challenge? Reuters AP Newsletters

The rising demand for low to zero carbon fuels has led to increased interest in alternative sources, particularly in the…

Platts Adds SA Horizon FSU to Singapore Fuel Oil Cargo, Ex-Wharf Bunker MOC from May 22

Platts, a division of S&P Global Commodity Insights, has added the vessel SA Horizon as a new loading point in…

VLSFO Prices Decline as HSFO Remains Strong, According to Reuters AP Newsletters

The very low sulphur fuel oil (VLSFO) market in Asia has shown signs of softening over the past week, while…

Drewry Reports 2% Increase in World Container Index for Last Week – Reuters AP Newsletters

The Drewry World Container Index has seen a rise of 2% this week, bringing the rate to $2,276 per 40-foot…

Union of Greek Shipowners President Melina Travlos Addresses Maritime Security at United Nations Event

In a momentous address, Melina Travlos, President of the Union of Greek Shipowners, discussed the critical issue of maritime security…

Chinese Exporters Gear Up to Resume Goods Shipments to US as Trade Talks Commence

As trade discussions between the U.S. and China are set to commence, Chinese exporters are gearing up to resume shipments…