Friday

09-05-2025 Vol 19

Category: News

China Advocates for Trade Tariff Removal to Resolve US Trade War Disputes

China is advocating for the cancellation of all unilateral tariffs imposed by the U.S. as a means to resolve the…

US Crude Inventories Rise for Fourth Week as Exports Slow Despite Robust Refinery Demand

U.S. crude oil inventories have reported builds for the fourth consecutive week as of April 18, according to data released…

Kazakhstan’s OPEC+ Defiance May Force Saudi Arabia into a Difficult Price War

Kazakhstan’s recent defiance of the OPEC+ oil production alliance may indicate a potential exit from the group, presenting a significant…

HD KSOE Surprises with 436% Profit Surge, Plans Policy Proposals for the U.S. Market

HD Korea Shipbuilding & Offshore Engineering (KSOE) has reported a remarkable operating profit of 859.2 billion won (approximately $598.1 million)…

Wärtsilä and Höegh Evi Achieve Milestone: First Floating Ammonia-to-Hydrogen Cracker Developed with Partners

Wärtsilä Gas Solutions, a division of the technology group Wärtsilä, and Höegh Evi, a leader in marine energy infrastructure, have…

Chinese Coal Buyers Dismiss New Pricing Benchmark Set by Indonesia

Indonesia’s efforts to implement a government-regulated price for coal, known as the HBA, are not gaining traction with major buyer…

EIB Advisory Aids Growthfund in Enhancing Climate Resilience of Greek Ports in Greece

The European Investment Bank (EIB) has announced its advisory support to Greece’s National Investment Fund, Growthfund, aimed at enhancing the…

HSFO Spot Differential Declines While VLSFO Sees Gains in Market Performance

On Thursday, the spot differential for high sulphur fuel oil (HSFO) in Asia decreased, reversing a brief uptick into premium…

Lloyd’s Register Enhances Global Fuel Finder by Introducing New Biofuels Feature

Lloyd’s Register (LR) has announced an important enhancement to its Global Fuel Finder tool, which now includes capabilities for biofuels.…

Three Additional Russian Insurers Request Approval from India to Insure Oil Tankers, Sources Report

Three additional Russian insurers have requested approval from India to provide marine insurance for oil shipments destined for Indian ports.…