Thursday

05-06-2025 Vol 19

Category: 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…

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,…

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…

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…

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%,…

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…

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…

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…

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…

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…