Friday

09-05-2025 Vol 19

Category: News

Safeguarding “No Claims”: How Preventative Chemical Screening of Marine Fuel Can Save Money

Proactive chemical screening of marine fuel is becoming essential in protecting vessels from costly damage claims. VPS, a leader in…

Tanker Weekly Update: Aframax Voyages to the Far East Experience Significant Increase

In March 2025, the number of Aframax voyages to the Far East surged to 44, marking a striking 41.94% increase…

Shipping Industry Braces for Impact of US-China Trade War Aftermath

The shipping industry is witnessing a significant impact due to the aftershocks of the US-China trade war. According to Xclusiv…

Trade War Sends Stocks and Dollar Plummeting Amid Market Turmoil

Global stocks experienced a significant downturn on Friday, while the dollar suffered a considerable drop amidst escalating trade tensions that…

Baltic Index Declines Amid Weak Vessel Demand Sparked by Ongoing Trade War

The Baltic Exchange’s dry bulk sea freight index experienced a decline on Wednesday, marking its thirteenth consecutive session of losses…

Fed Officials Indicate No Immediate Plans for Rate Cuts to Boost Economy

Federal Reserve officials have expressed concerns that U.S. President Donald Trump’s trade policies could negatively impact economic growth. However, they…

Euro Zone Yields Surge as Market Reassesses ECB Rate Cuts Following Trump’s Tariff Halt

Euro zone government bond yields increased significantly as markets adjusted their expectations regarding potential rate cuts from the European Central…

Why Ukraine’s Gas Infrastructure Might Capture Trump’s Attention

The recent discussions by the U.S. administration regarding potential involvement in Ukraine’s energy infrastructure have drawn significant attention. A ceasefire…

OPEC Sees Decline in March Oil Production Due to Sanctions Impacting Venezuela and Iran

In March, OPEC’s oil output witnessed a decline, primarily driven by drops in supply from Venezuela and Iran due to…

Oil Prices Decline Following Recent Surge Amid Escalating Trade Tensions Between US and China

Oil prices experienced a significant decline of nearly 3% on Thursday, driven by escalating fears surrounding the U.S.-China trade war…