shippingandr
May 06, 2025
News
Chinese Holiday Spending Rises Slightly, Yet Trade War Continues to Impact Services Sector
During the May Day holiday, Chinese travelers increased their spending by 8% year-on-year, amounting to 180.27 billion yuan ($24.92 billion).…
May 06, 2025
News
Bessent: US Data Indicates No Recession, Anticipates Upward Revisions for Q1 Statistics
On Tuesday, U.S. Treasury official Scott Bessent stated that current economic data does not indicate that the American economy is…
May 06, 2025
News
Odfjell: USTR Makes Decision to Pause Actions
Odfjell is set to release its first-quarter 2025 results on Wednesday. The company has indicated a slight decline in performance…
May 06, 2025
News
GTT Acquires Danelec, a Leading Maritime Data Analysis Firm, Advancing Its Digital Sector Strategy
GTT has announced a significant move in the digital sector with its agreement to acquire Danelec, an industry leader in…
May 06, 2025
News
Christiania Energy Expands Operations with New Branch Office and Bunker Supply in France
Christiania Energy, a privately-owned Danish trading company, has officially launched its new branch office and begun physical marine fuel supply…
May 06, 2025
News
Recent Amendments to the Maritime Labour Convention (MLC), 2006
The 5th meeting of the ILO Special Tripartite Committee for the Maritime Labour Convention (MLC, 2006) took place in Geneva…
May 06, 2025
News
LNG Shipping Stocks: Europe Rises While Index Experiences Decline
LNG shipping stocks experienced a notable shift this week, with the UP World LNG Shipping Index (UPI) sliding by 2.41%…
May 06, 2025
News
Job Data Revives Soft Landing Hopes, Yet Macquarie Cautions Against Possible Erosion of Tailwinds
The recent jobs report for April has sparked renewed optimism regarding the potential for a soft landing in the U.S.…
May 06, 2025
News
US GDP Faces Mild Impact as Student Loan Repayments Resume After Pandemic Freeze
The U.S. Department of Education has resumed its efforts to collect defaulted student loans after a five-year hiatus. This pause,…
May 06, 2025
News
April Sees Alleviation of Supply Chain Strain, According to New York Fed Report
In April, the New York Federal Reserve reported a decline in supply chain pressures, even as global economies prepared for…