Category: News
May 28, 2025
News
Dry Bulk Ship Prices Surge Amid Market Recovery, Reports Reuters AP Newsletters
Dry bulk carrier prices are on the rise, reflecting an improving market condition. A review of historical data indicates that…
May 28, 2025
News
Speedcast SIGMAT’s Next-Gen Release: Enhanced Architecture and Software for Modern Edge Operations Challenges
Speedcast, a prominent provider of communications and IT services, has unveiled its latest release of the SIGMA™ intelligent edge network…
May 28, 2025
News
Asyad Shipping Expands Fleet with Purchase of Two Mega Crude Tankers in Oman
Asyad Shipping has recently announced the acquisition of two mega crude oil tankers, which rank among the largest globally with…
May 25, 2025
News
CPC Blend Differential Hits Five-Week Low Amid Struggles to Place Prompt Cargoes, Reports Reuters
The differential for CPC Blend has dropped to its lowest point in five weeks as of May 22, primarily due…
May 25, 2025
News
Rising Oil Stocks May Signal Bad News for Prices: Impacts on Land and Sea Trade
The rise in oil inventories stored both on land and at sea has recently surged, presenting an alarming indication of…
May 25, 2025
News
Frontline Reports $33.3 Million Profit for the First Quarter, According to Reuters AP Newsletters
Frontline plc announced its unaudited financial results for the first quarter ending March 31, 2025, reporting a profit of $33.3…
May 25, 2025
News
Advanced Shipping & Trading
Advanced Shipping & Trading presents the weekly shipping market report for Week 21 of 2025. In recent developments, Oldendorff Carriers…
May 25, 2025
News
Middle East Crude Benchmarks Decline for Second Session Amid OPEC+ Supply Hike Expectations, Reports Reuters
Middle East crude benchmarks Oman, Dubai, and Murban experienced a decline for the second consecutive session on Friday. Market expectations…
May 25, 2025
News
Weaker Dollar and Enhanced Risk Appetite Boost Copper Prices, Reports Reuters AP Newsletters
Copper prices and other base metals experienced an uptick on Friday, largely driven by a weaker U.S. dollar and a…
May 25, 2025
News
HD Korea Shipbuilding Secures $270.6 Million Contract for Two LNG Bunkering Vessels
HD Korea Shipbuilding & Offshore Engineering, part of the HD Hyundai group, announced on May 23 that it has secured…