Category: News
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…
May 08, 2025
News
Brazil’s Grain Exports Rise 9% as China Looks for Alternatives to US Supplies
Brazil has seen a notable increase in grain shipments, with a reported 9% rise attributed to higher soybean harvest estimates…
May 08, 2025
News
Ship Demolition Market Faces Continued Weakness as Dominant Trend Persists
The ship demolition market continues to experience significant weaknesses across all major locations, with little change in sentiment and limited…
May 08, 2025
News
Important Updates on Port Activities from GAC
HOT PORT NEWS from GAC Mandatory verification of P&I certificate As of May 8, 2025, all vessels entering or transiting…