Category: News
March 18, 2025
News
PPG Introduces First Drydocking for COSCO Shipping Using Advanced PPG SIGMAGLIDE Coating Application
PPG has announced its first collaboration with COSCO Shipping Energy Transportation Ltd. for drydocking, utilizing the electrostatic application of PPG…
March 18, 2025
News
MPA and CMA CGM Partner to Promote Sustainable Shipping and Advance Digital Innovation Efforts
The Maritime and Port Authority of Singapore (MPA) and CMA CGM Group have renewed their Memorandum of Understanding (MoU) to…
March 18, 2025
News
China’s Steel and Iron Ore: Navigating a Rollercoaster of Optimism and Harsh Realities
China’s steel and iron ore industries are navigating a landscape of fluctuating optimism and stark reality. Recent data from the…
March 18, 2025
News
HSFO Prices Continue to Drop; Anticipating Increased Supply Arrivals
High sulphur fuel oil (HSFO) spot premiums continued their downward trend on Tuesday, and market participants are closely monitoring incoming…
March 18, 2025
News
US Airstrikes Heighten Concerns for Ships, Causing Red Sea Insurance Rates to Remain Steady
Insurance rates for ships navigating the Red Sea are anticipated to remain stable following recent U.S. airstrikes in Yemen, which…
March 18, 2025
News
European Shipping Vital for Security, Featuring 35% of Global Fleet, Studies Reveal
European shipping plays a pivotal role in securing the continent’s geopolitical standing, as highlighted by recent studies from Deloitte and…
March 18, 2025
News
Strategies for Expediting Green Fuel Production: Key Recommendations
Recommendations to Accelerate the Production of Green Fuels Danish shipping companies are keen to invest in new vessels and green…
March 18, 2025
News
Dollar Rises Against Euro Following German Vote on Increased Spending
The value of the dollar rose against the euro on Tuesday following the approval by Germany’s parliament of a significant…
March 18, 2025
News
Weak Momentum in Newbuilding Orders Continues
Newbuilding orders in the shipping sector are currently showing a lack of momentum, with recent market observations highlighting an overall…
March 17, 2025
News
US Retail Sales Show Modest Recovery as Underlying Trends Remain Strong
U.S. retail sales showed a slight recovery in February, indicating cautious consumer behavior amidst economic uncertainties, including tariffs and widespread…