Category: News
March 14, 2025
News
DP World Signals Uncertain Trade Outlook Following Significant Profit Decline
DP World, the Dubai-based ports and logistics operator, reported a significant 28% decline in annual profit, attributing this drop to…
March 14, 2025
News
Weekly Tanker Market Update: VLCC AG Supply Insights
This week’s analysis focuses on VLCC net supply trends in the Arabian Gulf (AG), current Baltic rates performance, and cargo…
March 14, 2025
News
Bulker Newbuilding Contracts Drop 92%, Reaching Lowest Levels in Decades
Bulker newbuilding contracts have seen a dramatic decline, plummeting 92% to their lowest level in decades. This downturn in dry…
March 14, 2025
News
The Impact of Chinese Shipbuilding on Greek Shipping Industry’s Development and Opportunities
Greek shipping is increasingly vulnerable to shifts in global shipbuilding dynamics, particularly due to growing tensions between the U.S. and…
March 14, 2025
News
Eight Years of Success: Baumarine & S’hail Boost Earnings Through Collaboration and Innovation
As we mark the completion of our eighth year in partnership with S’hail Shipping and Maritime Services, we recently gathered…
March 12, 2025
News
EU Plans Counter Tariffs on $28 Billion Worth of US Products
The European Union will implement counter tariffs on U.S. goods valued at 26 billion euros ($28 billion) starting next month.…
March 12, 2025
News
Global Firms Seek Increased US Investment as Trump Promotes Energy Dominance Strategy
Despite the market fluctuations resulting from President Donald Trump’s protectionist trade policies, foreign investment in the U.S. energy sector remains…
March 12, 2025
News
US Aluminum and Steel Prices Remain High as Tariffs Take Effect
Aluminium and steel prices in the United States remain close to recent highs, following the implementation of 25% tariffs that…
March 12, 2025
News
Odfjell’s Initial Venture into Wind Energy: Installing Four bound4blue eSAILs® on BOW Olympus
Odfjell has made a significant step into wind propulsion with the installation of four bound4blue eSAILs® on the chemical tanker…
March 12, 2025
News
US Consumer Inflation Eases in February Ahead of Upcoming Import Tariffs
U.S. consumer prices saw a moderate increase in February, with the Consumer Price Index (CPI) rising by 0.2%. This marked…