Saturday

19-04-2025 Vol 19

shippingandr

DP World Signals Uncertain Trade Outlook Following Significant Profit Decline

DP World, the Dubai-based ports and logistics operator, reported a significant 28% decline in annual profit, attributing this drop to…

Weekly Tanker Market Update: VLCC AG Supply Insights

This week’s analysis focuses on VLCC net supply trends in the Arabian Gulf (AG), current Baltic rates performance, and cargo…

Bulker Newbuilding Contracts Drop 92%, Reaching Lowest Levels in Decades

Bulker newbuilding contracts have seen a dramatic decline, plummeting 92% to their lowest level in decades. This downturn in dry…

The Impact of Chinese Shipbuilding on Greek Shipping Industry’s Development and Opportunities

Greek shipping is increasingly vulnerable to shifts in global shipbuilding dynamics, particularly due to growing tensions between the U.S. and…

Eight Years of Success: Baumarine & S’hail Boost Earnings Through Collaboration and Innovation

As we mark the completion of our eighth year in partnership with S’hail Shipping and Maritime Services, we recently gathered…

EU Plans Counter Tariffs on $28 Billion Worth of US Products

The European Union will implement counter tariffs on U.S. goods valued at 26 billion euros ($28 billion) starting next month.…

Global Firms Seek Increased US Investment as Trump Promotes Energy Dominance Strategy

Despite the market fluctuations resulting from President Donald Trump’s protectionist trade policies, foreign investment in the U.S. energy sector remains…

US Aluminum and Steel Prices Remain High as Tariffs Take Effect

Aluminium and steel prices in the United States remain close to recent highs, following the implementation of 25% tariffs that…

Odfjell’s Initial Venture into Wind Energy: Installing Four bound4blue eSAILs® on BOW Olympus

Odfjell has made a significant step into wind propulsion with the installation of four bound4blue eSAILs® on the chemical tanker…

US Consumer Inflation Eases in February Ahead of Upcoming Import Tariffs

U.S. consumer prices saw a moderate increase in February, with the Consumer Price Index (CPI) rising by 0.2%. This marked…