Category: News
March 22, 2025
News
OPEC+ Unveils New Strategy for Oil Production Cuts to Address Overproduction Issues
OPEC+ has announced a new plan requiring seven member nations to implement additional oil output cuts in response to excess…
March 22, 2025
News
EU Aims to Cut Steel Imports by 15% to Strengthen Domestic Industry
The European Commission has announced a new action plan aimed at the steel and metals industries, targeting a significant reduction…
March 22, 2025
News
Future Fuel Availability in the Americas: Insights and Projections
North America is experiencing tight bunker fuel availability across all grades in Houston, with lead times extending beyond seven days…
March 22, 2025
News
New Shipowners Become Part of the Bluepool Panamax Pool Team
Castor Maritime and Sea Tribute Shipmanagement have recently joined the Bluepool Panamax dry bulk shipping pool, enhancing its fleet. Castor…
March 22, 2025
News
Wallenius Wilhelmsen’s 2024 Annual Report Reveals Yet Another Record-Breaking Year of Success
Wallenius Wilhelmsen has announced its 2024 annual report, showcasing another record-breaking year with all-time high financial results. The company’s performance…
March 22, 2025
News
March ITS Logistics Port Rail Ramp Index: Trucking Capacity-to-Demand Ratio May Raise Dray and Rail Rates
ITS Logistics has released its forecast for the March US Port/Rail Ramp Freight Index, indicating strong import volumes at the…
March 22, 2025
News
Asia Distillates: Cash Differentials Fall to One-Month Low; Jet Fuel Refiners Offer Discounts
Asia’s middle distillates markets have faced a dry spell, with no physical cargo deals occurring in the trading window for…
March 22, 2025
News
EU Wheat Prices Decline Due to Black Sea Rivalry and Softening US Markets
European wheat prices experienced a decline on Friday, attributed to increased competition from the Black Sea region and a downturn…
March 22, 2025
News
Iron Ore Faces Weekly Decline Amid Concerns Over Future Chinese Demand
Iron ore futures experienced a decline on Friday, positioning themselves for a weekly loss amid growing apprehensions about demand prospects…
March 22, 2025
News
Seafarers Embrace Elcome’s New Pay-As-You-Go High-Speed Internet Service at Sea
Elcome International has launched a new high-speed internet service, known as WELCOME, which is transforming how ship managers provide internet…