Friday

27-06-2025 Vol 19

Category: News

Federal Reserve Likely to Begin Rate Cuts by September

Financial markets are increasingly confident that the Federal Reserve will initiate interest rate cuts by September, following surprising data on…

China Pursues Enhanced Cooperation with ECB in Response to Global Trade Tensions

China is actively pursuing stronger collaboration with the European Central Bank (ECB), as stated by Premier Li Qiang during a…

Severe Drought Devastates Wheat Production in China’s Agricultural Heartland

In the northwestern Shaanxi province of China, the impacts of a severe drought are evident in the wheat fields of…

Iraq set to reduce gasoline imports as refinery projects near completion, says minister.

Iraq’s gasoline imports are anticipated to decrease significantly, dropping to 2,000–3,000 cubic meters per day, a sharp decline from over…

AD Ports Group and ASRY Forge Collaboration on Strategic Maritime and Ports Projects with Three Agreements

AD Ports Group recently signed three Heads of Terms (HoTs) with the Arab Shipbuilding & Repair Yard Company (ASRY) to…

New report highlights maritime emission progress, but challenges persist in achieving climate goals.

The newly released 2025 Sea Cargo Charter Annual Disclosure Report highlights significant progress in maritime emission reductions, though challenges remain…

OPEC Sees 24% Week-on-Week Surge in Crude Tanker Loadings

OPEC’s crude tanker loadings have seen a significant week-on-week increase of 24%. However, despite this upward trend, it is premature…

Surge in Dry Bulk Ship Acquisitions Resumes

Dry bulk ship purchases are witnessing a resurgence, as indicated by the latest report from shipbroker Xclusiv. Activity has notably…

Can the Shipping Industry Lower Noise Levels in the Battle to Calm the Seas?

The rising tide of global trade is accompanied by an increase in underwater noise produced by commercial shipping. From the…

Republic of Korea and Panama Unite for 100% Alliance, Promoting Sustainable Ocean Management Leadership

The Republic of Korea and Panama have made history by becoming the first countries to officially join the 100% Alliance,…