Thursday

08-05-2025 Vol 19

shippingandr

Iron Ore Prices Drop Amid Growing Concerns Over China’s Demand Outlook

Iron ore futures have experienced a decline for the third consecutive session, largely influenced by concerns regarding demand prospects in…

China’s Gasoline Exports Drop to Lowest Level in Over 12 Years Due to Reduced Production and Profit Margins

China’s gasoline exports fell to their lowest level in over a decade, according to customs data released on Tuesday. In…

Alfa Laval achieves milestone in maritime decarbonization with first ammonia fuel supply system contract.

Alfa Laval has achieved a significant milestone in maritime decarbonization by securing its first contract for the ammonia fuel supply…

Kaiko Systems Secures €6M Series A Funding to Boost Resilience in Global Maritime Operations Using AI

Kaiko Systems, a pioneer in AI-driven frontline intelligence for the maritime sector, has recently secured €6 million in Series A…

ING: Latest Updates on Macro and Market Forecasts

Recent developments in the financial landscape have echoed the words of former European Central Bank president Mario Draghi: “In a…

Middle East Crude Benchmarks Rise as Brent-Dubai Transitions to Discount Pricing

Middle East crude benchmarks, specifically Oman and Dubai, saw a rise on Wednesday, while Brent crude futures transitioned to a…

Predicted Decline in Oil Prices by 2025 Compared to Last Year’s Levels

Brent crude oil prices are anticipated to average $73 per barrel in 2025, reflecting a decrease of $7 per barrel…

Italian rice association director warns of threat to EU rice sector from increasing Asian packaged rice imports.

The increasing import of packaged rice from Asian countries is a significant challenge for the EU rice sector. To understand…

Unseen Environmental Impact of Steel Corrosion Endangers Sustainable Development Objectives

Steel corrosion poses a significant hidden threat to environmental sustainability, according to Steelpaint, a Germany-based corrosion specialist. The company claims…

Loma Labs and Newlight Partner to Innovate Hybrid Hydrogen-Diesel Retrofits for Sustainable Shipping Solutions

Lomarlabs, the innovation division of Lomar Shipping, has entered into a strategic partnership with Newlight, a company specializing in hybrid…