Category: News
June 06, 2025
News
Investment in Global Energy Projected to Reach $3.3 Trillion by 2025 Amid Economic and Security Challenges
Global energy investment is projected to reach an unprecedented $3.3 trillion in 2025, according to a recent report from the…
June 06, 2025
News
Iron Ore Prices Decline Amid Growing Concerns Over Weakening Steel Demand in China, Reuters Reports
Iron ore futures experienced a decline on Thursday, primarily influenced by a renewed focus on dwindling steel consumption during China’s…
June 06, 2025
News
Columbia Group Urges Maritime Industry to Prioritize Inclusion Alongside Diversity for a Welcoming Future
Inclusion is a critical element in the maritime industry’s journey towards becoming a genuinely welcoming and inclusive environment, according to…
June 06, 2025
News
NAVTOR Collaborates with Chris-Marine to Improve Data Collection and Streamline Reporting Efforts
NAVTOR has announced a strategic partnership with Sweden’s Chris-Marine to enhance data collection and minimize reporting workloads for shipping crews…
June 06, 2025
News
US Trade Deficit Decreases Significantly in April as Imports Experience Historic Decline
The U.S. trade deficit saw a significant reduction in April, marked by an unprecedented drop in imports. This decline can…
June 06, 2025
News
ECB Reduces Rates by 25 Basis Points Amid Rising Concerns of Inflation Undershooting, Reports Reuters AP News
The European Central Bank (ECB) has made a significant decision to cut interest rates by 25 basis points, lowering the…
June 06, 2025
News
EUROFER Calls for Swift Implementation of EU Trade Measures to Protect Europe’s Steel Industry
The European Steel Association, EUROFER, has urgently called for the swift enactment of effective trade measures as detailed in the…
June 06, 2025
News
Brazil Customs Workers Intensify Strike with New ‘Zero Clearance’ Policy at Santos Port
Brazil’s customs auditors have declared a five-day “zero clearance period” at the Port of Santos from June 2 to June…
June 06, 2025
News
Wah Kwong Maritime Transport Unveils Venture Energy: New Subsidiary Focused on Clean Fuels Trading
Wah Kwong Maritime Transport Limited has officially launched Venture Energy Limited, a new subsidiary dedicated to the procurement and trading…
June 06, 2025
News
ABS Approves KNCC’s Innovative Carbon Dioxide Carrier Concept: Key Highlights from Reuters AP Newsletters
At the recent Nor-Shipping maritime trade fair, which was celebrated for its 60th anniversary, the American Bureau of Shipping (ABS)…