Category: News
March 20, 2025
News
Capesize Market Analysis: Weekly Monitor of C3 Route Trends and Insights
Dry Weekly Market Monitor: Capesize Market Analysis – C3 route China is set to increase its iron ore imports significantly…
March 20, 2025
News
Natural Gas Prices Surge 2% to Weekly High Amid Record LNG Flows and Decreased Daily Production
U.S. natural gas prices have increased by approximately 2%, reaching a one-week high, driven by record flows to liquefied natural…
March 20, 2025
News
UGS Affirms Dedication to Europe’s Maritime Future in Discussion with Commissioner Tzitzikostas
The Union of Greek Shipowners (UGS) recently met with European Commissioner Tzitzikostas to reaffirm its commitment to the future of…
March 20, 2025
News
Ship Recycling Shows Slow Progress, Yet There’s Potential for Optimism in the Near Future
Ship recycling activity has remained slow in recent times. Despite some signs of increased interest, significant hurdles persist, prompting the…
March 20, 2025
News
PDVSA to Take Over Production, Refining, and Exporting of Crude Previously Managed by Chevron
Venezuela’s state-owned oil company, PDVSA, has devised three operational strategies to maintain its production and export of heavy oil following…
March 18, 2025
News
Foreign CEOs to Gather in China for Major Summit and Xi Jinping Meeting, Sources Reveal
Several foreign CEOs are set to travel to Beijing for a key development conference this month, where some may have…
March 18, 2025
News
Asia Distillates: Liquidity Declines as Traders Anticipate April Offers from China
Asia’s middle distillates markets experienced reduced activity after a busy session the previous day. The front-month east-west spread remained tight,…
March 18, 2025
News
MOL Energia Secures Long-term Charter of Two New VLECs with SCG Chemicals, ASEAN’s Leading Integrated Chemical Company
Mitsui O.S.K. Lines, Ltd. recently announced that its subsidiary, MOL Energia Pte. Ltd., signed long-term charter contracts with SCG Chemicals…
March 18, 2025
News
Dan-Bunkering Executes Union Bulk’s Inaugural Biofuel Operation in Singapore
Dan-Bunkering has successfully conducted Union Bulk’s inaugural bunkering of biofuel in Singapore. This significant operation, executed through a ship-to-ship (STS)…
March 18, 2025
News
Sources: China’s Possible Steel Output Reductions Bolster Iron Ore and Steel Markets
China’s consideration of reducing its crude steel production by 50 million metric tons in 2025 compared to 2024 has created…