Thursday

10-07-2025 Vol 19

Category: 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…

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…

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…

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…

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)…

TOP Ships Inc. Plans Spin-Off of Nasdaq-Listed Suezmax Tanker Company, Reports Reuters and AP Newsletters

TOP Ships Inc., an international owner and operator of modern, eco-friendly tanker vessels, has announced plans to spin off two…

Asian Fuel Oil Imports from Iraq Reach Four-Month Peak in May, Reports Reuters AP Newsletters

In May, Asia’s fuel oil imports from Iraq surged to a four-month high, reaching a total of 910,000 metric tons,…

Exciting Developments at IRI: Innovation, Collaboration, and Global Engagement for Republic of the Marshall Islands

The Republic of the Marshall Islands (RMI) Registry has successfully concluded an engaging week at Nor-Shipping 2025. With a team…

BIMCO Proposes New Clause to Facilitate Biofuel Adoption in Time Charter Agreements

BIMCO has initiated a new subcommittee dedicated to formulating a Biofuel Clause for Time Charter Parties. This initiative addresses the…

Brazil to China: The Impact of VLCC Trade Routes in 2025 – Reuters AP Newsletters

Brazil’s crude oil trade route to China is poised for significant growth in 2025, driven by a series of new…