Friday

04-04-2025 Vol 19

Titan Successfully Executes Initial Bunkering for MOL Under Newly Established Contract Terms

Titan Clean Fuels (Titan) and Mitsui O.S.K. Lines (MOL) have successfully completed the inaugural LNG and liquefied biomethane (bio-LNG) bunkering…

Asia Distillates: Positive Activity in the Window; East-West Spread Remains Tight

The Asia middle distillates market is showing positive activity as trading windows remain open, with ongoing discussions about spot sales…

Goldman Revises Oil Price Outlook Due to Slower Demand Growth and Increased OPEC+ Supply

Goldman Sachs has revised its oil price forecasts for December 2025 and the average for 2026, reflecting expectations of slower…

Iron Ore Prices Decline Amid Concerns Over China’s Property Data and Its Impact on Demand

Iron ore futures experienced a significant decline on Monday, driven by disappointing property data from China, the world’s largest consumer…

ClassNK Grants Approval in Principle for Innovative Ammonia-Powered Carrier by MOL, Namura, and Mitsubishi

ClassNK has granted an approval in principle (AiP) for a large ammonia-powered ammonia carrier, a project developed collaboratively by Mitsui…

Gard Achieves Remarkable Performance Amidst Unpredictable Claims Landscape

Gard has reported impressive results amid a fluctuating claims environment, as outlined in its annual integrated report. This report highlights…

MEPC 83: “The IMO is the Only Organization Capable of Establishing a Global Level Playing Field”

As the 83rd meeting of the Marine Environment Protection Committee (MEPC 83) of the International Maritime Organization approaches, the Belgian…

February Sees Increase in India’s Crude Oil Imports from Latin America and Africa Amid US Sanctions on Russia

India’s crude oil imports from Latin America and Africa saw a slight increase in February as refiners sought alternative sources…

Xclusiv Shipbrokers Weekly Report – March 17, 2025 Edition

Xclusiv Shipbrokers Weekly Report – 17th March 2025 In February, Asia experienced a notable decline in seaborne imports of metallurgical…

Record $33 Trillion in Global Trade for 2024, Fueled by Services and Emerging Economies

In 2024, global trade achieved a remarkable milestone, reaching $33 trillion, representing a 3.7% increase or $1.2 trillion compared to…