Category: News
April 20, 2025
News
Trade Turmoil’s Impact on the Oil Market: Lasting Effects and Scars Remain
The ongoing trade turmoil, particularly stemming from President Trump’s trade war, is significantly impacting the U.S. oil industry. Nimble oil…
April 20, 2025
News
BHP Warns of Potential Significant Impact of Tariffs on Global Economy
BHP Group has raised concerns regarding the potential fallout from an escalating trade war, emphasizing that such tensions could have…
April 20, 2025
News
DCSA Launches Track & Trace Standard for Implementation at Port of Rotterdam
The Digital Container Shipping Association (DCSA), a neutral non-profit organization committed to standardizing and innovating digital solutions in container shipping,…
April 20, 2025
News
Maritime Charities Unite to Launch Innovative Program Supporting Neurodivergent Seafarers in the Industry
In a significant step towards enhancing equity, diversity, and inclusion in the maritime industry, NeurodiversAtSea, the Seafarers Hospital Society, and…
April 20, 2025
News
Singapore’s Fuel Oil Stockpiles Rise Due to Increased Inflows from the Middle East
Onshore fuel oil inventories in Singapore, a key trading hub, have seen a rise for the second consecutive week, largely…
April 20, 2025
News
Asian Nations Seek Increased US Energy Purchases to Address Trade Deficits
Asian nations are increasingly looking to increase their imports of U.S. oil and gas as a strategy to reduce trade…
April 20, 2025
News
VHBS Week 16 Index for New ConTex Container Ship Time Charter Assessment
VHBS New ConTex Container Ship Time Charter Assessment Index Week 16 The container shipping market experienced a notably quiet week…
April 20, 2025
News
Baltic Index Increases Due to Strong Vessel Rates Boosting Shipping Industry
The Baltic Exchange’s dry bulk sea freight index saw an increase on Friday, driven by heightened demand across various vessel…
April 20, 2025
News
IMO’s Net-Zero Shipping Strategy Begins with Carbon Pricing, Yet It Faces Imperfections
On April 11, the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) agreed on a set of…
April 20, 2025
News
Galp Receives First LNG Shipment from Venture Global’s Calcasieu Pass Facility
Portuguese energy company Galp Energia has announced that it has successfully lifted its first liquefied natural gas (LNG) cargo from…