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…
May 25, 2025
News
RightShip Pursues New Skills to Maintain Leadership in Maritime AI – Reuters AP Newsletter
RightShip is dedicated to achieving Zero Harm in the global maritime value chain by mitigating risks to vessels, people, and…
May 25, 2025
News
Exploring Cashew Nut Shell Liquid Blends: Indicators of a Potential Fuel Challenge? Reuters AP Newsletters
The rising demand for low to zero carbon fuels has led to increased interest in alternative sources, particularly in the…