Category: News
March 26, 2025
News
Chinese Steel Producers Begin Output Reductions in Response to National Directives
Steel makers in China’s Xinjiang region have begun reducing production, following a national directive aimed at managing overcapacity in the…
March 26, 2025
News
EU’s prohibition on Russian LNG transshipment may impact China’s winter energy supplies.
The European Union’s impending ban on the transshipment of Russian liquefied natural gas (LNG) at its ports could significantly impact…
March 26, 2025
News
Xmar Reaches Landmark: 100,000 Metric Tonnes of Bunker Fuel Traded in Under Six Months
Xmar, a rapidly expanding digital bunker trading platform, has reached a significant milestone by trading over 100,000 metric tonnes of…
March 26, 2025
News
Lloyd’s Register Enhances Advisory Services to Address Changing Demands in the Maritime Industry
Lloyd’s Register (LR) is set to introduce its newly restructured LR Advisory service during Singapore Shipping Week this week. This…
March 26, 2025
News
Reports Indicate Possible Exclusion of Sector-Specific Tariffs by US on April 2, Situation Uncertain
Reports suggest that U.S. President Donald Trump may choose to exclude certain sector-specific tariffs during the reciprocal tariff announcement on…
March 26, 2025
News
Renewable Energy and Natural Gas Overtake Oil and Coal in Recent Growth Trends
The International Energy Agency (IEA) released its latest global review highlighting the positive trends across different energy sectors, with renewables…
March 26, 2025
News
Sources indicate OPEC+ plans to move forward with scheduled oil output increase in May.
OPEC+ is expected to proceed with its plan to increase oil output for the second consecutive month in May, according…
March 26, 2025
News
Iron Ore Prices Surge on China’s Strong Demand Despite Concerns Over Production Cuts
Iron ore futures experienced a notable increase on Monday, driven by robust demand in China, the world’s largest consumer of…
March 26, 2025
News
Seaspan enhances safety and efficiency by equipping 100 additional ships with Orca AI technology.
Seaspan Corporation is making significant strides in maritime technology by equipping an additional 100 ships with Orca AI’s SeaPod digital…
March 26, 2025
News
IACS Releases Latest Guidelines for 3D Printing in Marine and Offshore Industries
The International Association of Classification Societies (IACS) has introduced a new recommendation, Rec.186, aimed at establishing a standardized approach for…