Thursday

03-04-2025 Vol 19

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…

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…

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…

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…

Dredging Industry Essential for Netherlands and Belgium’s Strategic Standing Amid Rising Chinese Competition: Report

The dredging industry is crucial for both the Netherlands and Belgium, serving as a backbone for economic stability, water safety,…

CK Hutchison: A Global Conglomerate Entangled in the US-China Trade Conflict

CK Hutchison, a conglomerate based in Hong Kong, made headlines this month as it agreed to sell a significant portion…

HSFO Declines for Seventh Consecutive Session

High sulfur fuel oil (HSFO) prices have continued to decline for the seventh consecutive session, reflecting a bearish sentiment in…

Oasis Weekly Recycling Market Insights Report – March 21, 2025 Edition

Ship recycling markets in India, Bangladesh, Pakistan, and Türkiye are currently experiencing sluggish activity and a prudent approach among stakeholders.…

US Introduces Sanctions on Iran’s Oil Tankers and China’s ‘Teapot’ Refineries

The United States announced new sanctions aimed at diminishing Iran’s oil exports, marking the fourth round of such measures since…

Gibson Tanker Report: Unleashing New Opportunities in the Industry

Gibson’s recent tanker report titled “Opening the Floodgates” reflects on the evolving dynamics in the Very Large Crude Carrier (VLCC)…