Saturday

10-05-2025 Vol 19

Category: News

Japan Ranks as World’s Third Largest Shipping Nation, Controlling 12% of Global Fleet Ownership

Japan holds a prominent position as the world’s third largest shipping nation, commanding ownership of approximately 12% of the global…

Shipping Challenges: Navigating Unexpected Events and Their Impact

Shipping practices are evolving rapidly, especially in light of recent policy changes aimed at addressing trade imbalances. According to Xclusiv,…

Port of Rotterdam Sees Reduced Throughput in Q1 2025 Due to Decline in Oil Products

In the first quarter of 2025, total throughput in the port of Rotterdam experienced a significant decline of 5.8% compared…

Sharp Decline in Chinese Freight Ship Traffic at Major U.S. Ports: Los Angeles and Long Beach

Chinese freight traffic to the busiest ports in the U.S., specifically Los Angeles and Long Beach, is experiencing a significant…

NAPA Adopts New Credit Trading Plan and Fuel Standards Approved at MEPC 83 Meeting

NAPA is excited about the newly introduced credit trading plan and fuel standard, known as J9, that was approved at…

Moderate Rise in US Weekly Jobless Claims Despite Low Layoff Levels

The number of Americans filing new applications for unemployment benefits saw a slight increase last week, indicating that the labor…

French Central Banker Warns U.S. May Face Recession Due to Ongoing Trade War Concerns

The potential for the United States to enter a recession due to the ongoing global trade war was highlighted by…

Fed’s Hammack anticipates further opportunities for reducing the Fed’s balance sheet.

Cleveland Fed President Beth Hammack stated on Wednesday that the current economic conditions allow for ongoing reductions in the Federal…

Drewry Reports Decrease in Port Throughput Index for February

The Drewry Container Port Throughput Indices provide a detailed overview of global port activity by measuring volume growth or decline…

FUJAIRAH DATA: Refined Oil Product Stocks Fall to Lowest Level in Four Weeks

Oil product inventories at the Port of Fujairah in the UAE have seen a slight decline, dropping by 0.4% for…