Category: News
July 01, 2025
News
Goldman Sachs Predicts Three Federal Reserve Rate Cuts by 2025
Goldman Sachs has revised its forecast for U.S. interest rates in 2025, anticipating three quarter-point cuts. This adjustment is attributed…
July 01, 2025
News
Valenciaport Collaborates on “Upcycling the Oceans” Project to Address Marine Debris Challenges
The Port Authority of Valencia (APV) has officially joined the international initiative “Upcycling the Oceans,” which is spearheaded by the…
July 01, 2025
News
Hiab: Timetable Update for Finalizing MacGregor Sale
Hiab, previously known as Cargotec, announced on November 14, 2024, that it has entered into an agreement to sell its…
July 01, 2025
News
Asia Distillates: Slow Month-End Trading Momentum; Traders Anticipate Upcoming August Refiner Sales
Asia’s middle distillates market experienced a subdued trading atmosphere as June came to a close. Many traders adopted a wait-and-see…
July 01, 2025
News
California Farms Face Risk as Immigration Raids Result in Unharvested Crops
Immigration raids are posing a significant threat to California’s agricultural sector, leaving crops unharvested and farms at risk. Lisa Tate,…
July 01, 2025
News
ABB to Provide Integrated Power Solution for Nine Shuttle Tankers
ABB and Samsung Heavy Industries Co., Ltd. (SHI) have partnered to enhance offshore operations by supplying a fleet of shuttle…
July 01, 2025
News
Approval in Principle Granted for World’s First LCO2 and Methanol Carrier
Mitsui O.S.K. Lines, Ltd. and Mitsubishi Shipbuilding Co., Ltd., a subsidiary of Mitsubishi Heavy Industries (MHI) Group, have recently achieved…
July 01, 2025
News
Middle East Crude Benchmarks Rise Amid Supply Tensions, Reflecting Monthly Gains
Middle East crude benchmarks, including Oman, Dubai, and Murban, experienced notable increases on Monday, reflecting monthly gains attributed to rising…
July 01, 2025
News
U.S. Refining Capacity Remains Steady as of January 2025: No Major Changes Observed
As of January 1, 2025, the U.S. refining capacity has remained largely stable, totaling 18.4 million barrels per calendar day…
July 01, 2025
News
Dalian Iron Ore Sees First Monthly Increase in Four, Driven by Strong Near-Term Demand
Dalian iron ore futures experienced a modest increase on Monday, marking their first monthly rise in four months due to…