Thursday

24-04-2025 Vol 19

US Producers Grapple with Growth and Capital Decisions Amid Oil Prices Dropping Below $60

U.S. oil producers are grappling with challenging decisions regarding growth and capital returns, as oil prices have recently fallen below…

Corn Prices Set for Largest Weekly Gain Since May 2023

Chicago corn futures experienced a notable increase on Friday, positioning themselves for the largest weekly gain since May 2023. This…

Mitsubishi Shipbuilding Receives Approval in Principle for Onboard Carbon Capture and Storage System Design

Mitsubishi Shipbuilding Co., Ltd., part of the Mitsubishi Heavy Industries (MHI) Group, has recently received Approval in Principle (AiP) from…

March Sees Decline in Bunker Demand at Indian and Sri Lankan Ports

In March, demand for bunker fuels at ports in India and Sri Lanka showed signs of weakness, even though supply…

Safeguarding “No Claims”: How Preventative Chemical Screening of Marine Fuel Can Save Money

Proactive chemical screening of marine fuel is becoming essential in protecting vessels from costly damage claims. VPS, a leader in…

Tanker Weekly Update: Aframax Voyages to the Far East Experience Significant Increase

In March 2025, the number of Aframax voyages to the Far East surged to 44, marking a striking 41.94% increase…

Shipping Industry Braces for Impact of US-China Trade War Aftermath

The shipping industry is witnessing a significant impact due to the aftershocks of the US-China trade war. According to Xclusiv…

Trade War Sends Stocks and Dollar Plummeting Amid Market Turmoil

Global stocks experienced a significant downturn on Friday, while the dollar suffered a considerable drop amidst escalating trade tensions that…

Baltic Index Declines Amid Weak Vessel Demand Sparked by Ongoing Trade War

The Baltic Exchange’s dry bulk sea freight index experienced a decline on Wednesday, marking its thirteenth consecutive session of losses…

Fed Officials Indicate No Immediate Plans for Rate Cuts to Boost Economy

Federal Reserve officials have expressed concerns that U.S. President Donald Trump’s trade policies could negatively impact economic growth. However, they…