April 11, 2025
News
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…
April 11, 2025
News
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…
April 11, 2025
News
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…
April 11, 2025
News
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…
April 11, 2025
News
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…
April 11, 2025
News
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…
April 11, 2025
News
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…
April 11, 2025
News
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…
April 10, 2025
News
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…
April 10, 2025
News
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…