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May 01, 2025
News
MCTC Maintains Quality Standards Amidst Global Tensions and Challenges
MCTC is steadfast in its commitment to maintaining high-quality standards for vessel crews, even amidst global challenges such as fluctuating…
May 01, 2025
News
Wärtsilä Enhances Methane Slip Reduction with NextDF Technology for Its Third Engine Model
Wärtsilä has enhanced its methane slip reduction technology by introducing the NextDF feature for its Wärtsilä 46TS-DF dual-fuel engine. This…
May 01, 2025
News
Hapag-Lloyd Releases Initial Business Results for Q1 2025
Hapag-Lloyd has released preliminary business figures for the first quarter of 2025, which show a significant increase in performance compared…
May 01, 2025
News
US Economy Declines Due to Surge in Imports
The US economy experienced a contraction in the first quarter, with GDP declining at a rate of 0.3% on a…
May 01, 2025
News
Euro Zone Economy Outpaces Predictions but Confronts Challenges from Trade War Impacts
The euro zone economy has shown unexpected growth in the first quarter, expanding by 0.4%, surpassing forecasts of 0.2%. This…
May 01, 2025
News
Trump’s Initial 100 Days: US Energy Dominance Disrupted by Trade Uncertainties
Just 100 days into President Donald Trump’s second term, U.S. energy plans have faced turbulence. Oil prices have fallen over…
May 01, 2025
News
Iron Ore Faces Third Consecutive Monthly Drop Amid Anticipated Steel Production Cuts in China
Iron ore futures experienced a decline on Wednesday, marking a third consecutive monthly decrease as concerns over potential steel production…
May 01, 2025
News
PPA SA: Resilient Growth Amid Challenges
PPA SA has reported its financial results for the first quarter of 2025, demonstrating impressive growth despite ongoing economic challenges.…
May 01, 2025
News
Asia Fuel Oil Hits Multi-Year High for 380-cst HSFO Cracks
Asia’s refining cracks for 380-cst high sulphur fuel oil (HSFO) surged to a multi-year high on Wednesday, driven by a…
May 01, 2025
News
FUJAIRAH REPORT: Oil Product Inventories Hit Lowest Level in One Month
Oil product inventories at the UAE’s Port of Fujairah saw a significant decline of 5.9% in the week ending April…