March 12, 2025
News
CoolCo Collaborates with Kongsberg Digital to Enhance Digitalization of LNG Carrier Fleet
Kongsberg Digital has entered into an agreement with Cool Company Ltd. (CoolCo) to enhance its digitalisation efforts by extending the…
March 12, 2025
News
Report Highlights Economic and National Security Threats to US from China’s Shipbuilding Dominance
A recent report by the Center for Strategic and International Studies highlights China’s rapid rise to dominance in shipbuilding, currently…
March 12, 2025
News
Russian Oil Exports to India Bounce Back in March, Report Sources
In March, Indian imports of Russian oil experienced a notable rebound, returning to levels close to normal after a three-month…
March 12, 2025
News
IMO Statement Regarding the Loss of Seafarers in Odesa Merchant Ship Attack
The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez, has publicly addressed the tragic loss of seafarers following…
March 12, 2025
News
Fearnleys Weekly Update: Insights for Week 11, 2025
Fearnleys Week 11 2025 The VLCC market experienced a period of calm during the initial days of the past week,…
March 12, 2025
News
Baltic Exchange Expands Emissions Calculator with New Biofuel Blends Feature
The Baltic Exchange has recently expanded its Emissions Calculator by incorporating biofuel blends, including biodiesel, bio-LNG, bio-LPG, green methanol, green…
March 12, 2025
News
Weekly Market Update: Iron Ore Shipments to China Analyzed
Dry Weekly Market Monitor: Iron Ore Flows to China Concerns continue regarding the economic growth of China, the world’s second-largest…
March 12, 2025
News
Canadian Dollar Rises Following ‘Balanced’ Statement from Bank of Canada
The Canadian dollar experienced a slight increase against the U.S. dollar on Wednesday, bolstered by a balanced monetary policy statement…
March 12, 2025
News
Limited Interest in the Ship Recycling Market: A Growing Concern
The ship recycling market is experiencing a lack of interest and activity, with buyers remaining cautious amid ongoing economic uncertainties.…
March 12, 2025
News
Occidental Petroleum Predicts U.S. Oil Production Will Peak Within the Next Five Years
Occidental Petroleum Corp’s CEO, Vicki Hollub, shared her insight at the CERAWeek conference in Houston, Texas, stating that U.S. oil…