Thursday

31-07-2025 Vol 19

Category: News

Gibson Tanker Analysis

The Gibson tanker report titled “Power Shift” highlights a significant slowdown in global oil demand growth for 2024. The growth…

HSFO: Cash Differentials Decline Amidst Reduced Trading Activity

The cash differentials for high sulphur fuel oil (HSFO) in Asia saw a decline as there were no transactions at…

VHBS Week 13 Assessment Index for New ConTex Container Ship Time Charters

The VHBS New ConTex Container Ship Time Charter Assessment Index for Week 13 indicates a steady state in the chartering…

Drewry Reports 4% Decline in World Container Index Last Week

Drewry has reported a 4% decline in the World Container Index, bringing it down to $2,168 per 40-foot container for…

US Port Fees Expected to Impact Two-Thirds of Tanker Fleet Operations

The recently proposed US port fees may significantly impact a vast majority of the tanker fleet, especially those linked to…

Musk Claims $1 Trillion in US Spending Cuts Feasible Without Reducing Essential Services

Elon Musk, the tech billionaire recently appointed by former President Donald Trump as his cost-cutting czar, made headlines during a…

Tanker Weekly Update: Canadian Crude Exports to Europe Rise Amid U.S. Tariffs and Freight Rate Increase

The latest developments in the tanker market indicate a significant rise in Canadian crude oil exports to Europe, influenced by…

Shipping Industry Confronts Rising Operational Costs and Disruptions in Shipping Routes

The shipping industry is currently grappling with increased operational costs and route disruptions, largely influenced by geopolitical tensions and rising…

Eurozone PMI Shows Improvement as Potential New US Tariffs Loom Ahead

As the potential for new tariffs from the United States looms, businesses within the eurozone are exhibiting a slight shift…

Global Energy Demand Soars in 2024, Reaching Nearly Double Its Recent Average Levels

In 2024, global energy demand surged at nearly double its recent average pace, driven by a significant rise in electricity…