Monday

31-03-2025 Vol 19

Category: News

Lloyd’s Register Endorses Ammonia Dual-Fuel System Design for Trafigura’s New Medium Gas Carriers

Lloyd’s Register (LR) has announced the successful completion of a joint development project focused on designing ammonia dual-fuel systems for…

US Retains Position as the World’s Leading Liquefied Natural Gas Exporter in 2024

In 2024, the United States solidified its position as the world’s largest liquefied natural gas (LNG) exporter, with daily exports…

Russian April ESPO Blend Oil Prices Drop as Chinese State Companies Reduce Imports

Russia’s ESPO Blend oil, a key export, has seen a significant decline in prices, hitting the lowest level in 10…

Iron Ore Declines Yet Records Weekly Gain Amid Strong Demand From China

Iron ore futures experienced a slight decline on Friday due to escalating trade war concerns. However, the market still recorded…

Shipowners Adopt BAR Technologies’ WindWings® as Wind Propulsion Hits Critical Mass in Shipping Industry

Wind propulsion is becoming increasingly significant in the shipping industry, marking a pivotal transition as shipowners start to adopt innovative…

Kpler Unveils Innovative Chartering Solution for Enhanced Efficiency and Insights

Kpler, a prominent subscription-based data and analytics platform, has unveiled its latest innovation: the Kpler Chartering Suite. This new pre-fixture…

Advanced Shipping & Trading

Advanced Shipping & Trading has released its Weekly Shipping Market Report for Week 13 of 2025. The report highlights significant…

Asia Distillates: Lackluster Activity Continues as Markets Monitor China Exports and May Refinery Sales

Asia’s middle distillates markets have struggled with a lack of trading activity for the third consecutive session this week. Despite…

India Proposes US Tariff Reductions on Farm Imports to Achieve Trade Success, Sources Reveal

India is seeking to enhance its trade relations with the United States by offering tariff cuts on certain farm imports,…

ABS Wavesight™ Enhances Maritime Partnerships at Vision and Value Summit Held in Singapore

ABS Wavesight™, the Software-as-a-Service division of the American Bureau of Shipping (ABS), recently hosted its Vision and Value Summit in…