Thursday

08-05-2025 Vol 19

shippingandr

Five Years Later: The Ongoing Economic Effects of COVID-19

Five years after the World Health Organization declared COVID-19 a pandemic, its repercussions continue to have significant effects on the…

Baker Hughes: Oil Producers Not Expected to Raise Spending Levels This Year

Baker Hughes has announced that U.S. oil and gas producers are unlikely to boost spending this year, with future output…

FAO Food Price Index Sees Increase in February 2023

The FAO Food Price Index experienced an increase in February, reflecting rises in sugar, dairy, and vegetable oil prices, as…

Intellian Launches First U.S. Manufacturing Line, Strengthening Commitment to Government Partnerships

Intellian Technologies USA, Inc., a prominent provider of satellite communication (SATCOM) antennas and ground gateway solutions, announced the commencement of…

U.S. Sanctions on Chinese Steel Impact South Korea’s Shipbuilding Sector Challenges

The U.S. government’s plan to impose sanctions on Chinese steel is creating challenges for South Korea’s shipbuilding industry. As South…

Brokerages Anticipate Slower Fed Rate Cuts Following Recent Payrolls Data Analysis

Major Wall Street brokerages are maintaining their forecasts for a slower pace of interest-rate cuts by the Federal Reserve in…

China’s Trade Figures Indicate a Slow Start to 2025

China’s trade data for early 2025 indicates a weaker-than-expected economic outlook. Exports grew by only 2.3% year-on-year in January and…

Middle East Crude Benchmarks Show Minimal Movement as Oil Prices Stabilize

Middle East crude benchmark spot premiums, including Oman, Dubai, and Muban, remained unchanged on Monday as oil prices stabilized following…

Asia Distillates Market Sees Low Activity; Traders Anticipate April Offers

The middle distillates markets in Asia experienced limited trading activity at the beginning of the week, with a noticeable gap…

Iron Ore Prices Drop Amid Worrying Demand Outlook

Iron ore prices experienced a decline on Monday due to growing concerns over demand. The potential impact of U.S. tariffs…