Category: News
April 29, 2025
News
Dalian Iron Ore Declines as China Considers Reducing Steel Production
Iron ore futures experienced a slight decline on Monday, primarily driven by the prospect of cutbacks in crude steel production…
April 29, 2025
News
AI Lacks Intelligence to Accurately Diagnose Engine Issues
Condition Monitoring Technologies (CMT) has expressed caution regarding the exclusive reliance on artificial intelligence (AI) for ship condition monitoring. The…
April 29, 2025
News
China Delays New Stimulus, Exhibits Resilience Amid Ongoing Trade Conflict with the US
China is proceeding cautiously with its economic stimulus plans amidst the ongoing trade conflict with the United States. Although this…
April 29, 2025
News
U.S. Natural Gas Underground Storage Supplies Concluded Winter at Lowest Levels in Three Years
U.S. natural gas inventories in underground storage concluded the winter heating season at the lowest level seen in three years.…
April 29, 2025
News
Middle East Markets Decline; Dubai Index Reaches Lowest Point in Seven Weeks
Crude benchmarks in the Middle East experienced a decline on Monday, with Dubai’s spot premium reaching its lowest level in…
April 29, 2025
News
Baosteel anticipates national production reductions in China for the current year.
China’s largest steelmaker, Baoshan Iron & Steel Co, commonly known as Baosteel, has indicated that nationwide production cuts are likely…
April 29, 2025
News
Funds Maintain Bullish Positions on Corn and Soybean Amid Awaited Clarity in Trade Talks
Speculators maintained their bullish positions on corn and soybeans in Chicago, driven by the anticipation of progress in U.S. trade…
April 29, 2025
News
First COSCO SHIPPING Vehicle Carrier Arrives at Piraeus Port, Welcomed by PPA S.A.
The Port of Piraeus has made a significant advancement in its quest to become a premier vehicle transshipment hub in…
April 29, 2025
News
Vitol Introduces Compliant Co-Processed VLSFO for Marine Clients Under FuelEU Regulations
Vitol Bunkers has announced the launch of a new FuelEU compliant co-processed Very Low Sulfur Fuel Oil (VLSFO) targeted at…
April 29, 2025
News
Stability in Asia’s Fuel Oil Markets amid Low Trading Activity
The fuel oil markets in Asia experienced stability on Monday amidst a backdrop of limited trading activity. Discussions regarding spot…