Category: News
May 08, 2025
News
Kalmar Launches Kalmar One: A New Standalone Automation Solution for Enhanced Efficiency
Kalmar has officially launched the Kalmar One Automation System as an independent solution, catering to a rising customer demand for…
May 08, 2025
News
Fujairah Data: Fuel Oil Decline Leaves Oil Products Stocks Relatively Unchanged
Oil product stocks at the Port of Fujairah in the UAE remained relatively unchanged for the week ending May 5,…
May 08, 2025
News
NYK Plans to Acquire CDR Credits from Climeworks for Sustainability Initiatives
NYK has entered into a significant three-year agreement with Climeworks, a Swiss technology leader, to acquire a range of carbon…
May 08, 2025
News
Wärtsilä Introduces Carbon Capture Solution for Shipping Following Successful Full-Scale Installation
Wärtsilä has officially launched its innovative carbon capture solution (CCS) for the maritime industry, marking a significant milestone in efforts…
May 08, 2025
News
Maersk Achieves Strong Results Amid Growing Market Volatility
A.P. Moller – Maersk A/S reported robust results for the first quarter of 2025, showcasing a revenue growth of 7.8%,…
May 08, 2025
News
Pyxis Tankers Secures Loan Commitment for Potential Expansion of Fleet Size
Pyxis Tankers Inc., an international shipping firm, has announced the signing of a loan commitment letter with an existing bank…
May 08, 2025
News
Bank of England Cuts Rates Cautiously While Avoiding Rapid Easing Measures
The Bank of England has lowered interest rates to 4.25%, but it has not signaled a quickening of its easing…
May 08, 2025
News
Bill Gates Plans to Donate $200 Billion by 2045; Criticizes Musk for Impact on Global Poverty
On Thursday, Bill Gates announced his commitment to donate nearly his entire personal fortune, amounting to $200 billion, through his…
May 08, 2025
News
US Natural Gas Prices Rise to Four-Week High Due to Increased Demand Before Storage Report
U.S. natural gas futures recently increased by about 1%, reaching a four-week high due to a decrease in production and…
May 08, 2025
News
Weekly Market Update: Grain Dry Bulk Shipments from the U.S. to Mexico
In recent weeks, the grain dry bulk shipping market from the U.S. to Mexico has seen significant changes, particularly in…