Wednesday

09-07-2025 Vol 19

Category: 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…

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…

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…

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…

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,…

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…

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…

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…

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…

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…