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April 20, 2025
News
OPEC Announces Output Cuts for Iraq, Kazakhstan, and Other Nations as Part of Compensation Strategy
The Organization of the Petroleum Exporting Countries (OPEC) announced on Wednesday that it has received updated plans from Iraq, Kazakhstan,…
April 20, 2025
News
Fitch Ratings Lowers Short-Term Oil Price Projections While Keeping Natural Gas Prices Steady
Fitch Ratings has announced a reduction in its short-term oil price forecasts for Brent and WTI for 2025, primarily due…
April 20, 2025
News
ACER: EU Requires Increased LNG Imports to Fulfill Summer Demand and Storage Goals
The European Union will need to significantly increase its liquefied natural gas (LNG) imports this summer to meet gas demand…
April 20, 2025
News
Xeneta Weekly Update: Far East to Mediterranean Spot Rates Rise by 6.8% in Ocean Container Shipping
In the latest Xeneta Weekly Ocean Container Shipping Market Update, average spot rates from the Far East to the Mediterranean…
April 20, 2025
News
Lloyd’s Register and Pusan National University Collaborate to Advance Innovation in Liquefied Hydrogen Carrier Technology
Lloyd’s Register (LR) has formed a partnership with Pusan National University (PNU) in South Korea to promote innovation in liquefied…
April 20, 2025
News
Tax Cuts May Outweigh Tariffs, but Timing Could Be Crucial
Tax cuts may have more influence than tariffs, but the timing could be problematic. Just when it seemed unlikely that…
April 20, 2025
News
Trade Turmoil’s Impact on the Oil Market: Lasting Effects and Scars Remain
The ongoing trade turmoil, particularly stemming from President Trump’s trade war, is significantly impacting the U.S. oil industry. Nimble oil…
April 20, 2025
News
BHP Warns of Potential Significant Impact of Tariffs on Global Economy
BHP Group has raised concerns regarding the potential fallout from an escalating trade war, emphasizing that such tensions could have…
April 20, 2025
News
DCSA Launches Track & Trace Standard for Implementation at Port of Rotterdam
The Digital Container Shipping Association (DCSA), a neutral non-profit organization committed to standardizing and innovating digital solutions in container shipping,…
April 20, 2025
News
Maritime Charities Unite to Launch Innovative Program Supporting Neurodivergent Seafarers in the Industry
In a significant step towards enhancing equity, diversity, and inclusion in the maritime industry, NeurodiversAtSea, the Seafarers Hospital Society, and…