Thursday

24-04-2025 Vol 19

Xeneta Weekly Update: Far East to Mediterranean Spot Rates Rise by 6.8% in Ocean Container Shipping

In the latest Xeneta Weekly Ocean Container Shipping Market Update, average spot rates from the Far East to the Mediterranean…

Lloyd’s Register and Pusan National University Collaborate to Advance Innovation in Liquefied Hydrogen Carrier Technology

Lloyd’s Register (LR) has formed a partnership with Pusan National University (PNU) in South Korea to promote innovation in liquefied…

Tax Cuts May Outweigh Tariffs, but Timing Could Be Crucial

Tax cuts may have more influence than tariffs, but the timing could be problematic. Just when it seemed unlikely that…

Trade Turmoil’s Impact on the Oil Market: Lasting Effects and Scars Remain

The ongoing trade turmoil, particularly stemming from President Trump’s trade war, is significantly impacting the U.S. oil industry. Nimble oil…

BHP Warns of Potential Significant Impact of Tariffs on Global Economy

BHP Group has raised concerns regarding the potential fallout from an escalating trade war, emphasizing that such tensions could have…

DCSA Launches Track & Trace Standard for Implementation at Port of Rotterdam

The Digital Container Shipping Association (DCSA), a neutral non-profit organization committed to standardizing and innovating digital solutions in container shipping,…

Maritime Charities Unite to Launch Innovative Program Supporting Neurodivergent Seafarers in the Industry

In a significant step towards enhancing equity, diversity, and inclusion in the maritime industry, NeurodiversAtSea, the Seafarers Hospital Society, and…

Singapore’s Fuel Oil Stockpiles Rise Due to Increased Inflows from the Middle East

Onshore fuel oil inventories in Singapore, a key trading hub, have seen a rise for the second consecutive week, largely…

Asian Nations Seek Increased US Energy Purchases to Address Trade Deficits

Asian nations are increasingly looking to increase their imports of U.S. oil and gas as a strategy to reduce trade…

VHBS Week 16 Index for New ConTex Container Ship Time Charter Assessment

VHBS New ConTex Container Ship Time Charter Assessment Index Week 16 The container shipping market experienced a notably quiet week…