Saturday

17-05-2025 Vol 19

US and Russia Seek Solutions to Reinitiate Russian Gas Supply to Europe, Sources Report

U.S. and Russian officials are currently exploring avenues to restore Russian gas exports to Europe, amidst a challenging energy landscape…

Panama Canal Performs Fire Drill Aboard Vessel in the Pacific Ocean

The Panama Canal recently conducted a fire drill aboard a tanker vessel to assess the emergency response capabilities of its…

Conversation with Commissioner Apostolos Tzitzikostas Highlights This Year’s ESPO Conference in Thessaloniki

The European Port Community convened in Thessaloniki from May 7 to May 9 for its General Assembly and the 21st…

US Pursues UN Sanctions Against Ships Transporting North Korean Coal to China

The United States announced on Wednesday its intention to seek United Nations sanctions against ships suspected of violating U.N. resolutions…

Dryad Global: Red Sea Ceasefire Marks Diplomatic Progress, Yet Maritime Threat Levels Stay Unaltered

Dryad Global, a provider of maritime risk and security intelligence, is advising the global shipping community to maintain a high…

ECB Economists: Foreign Workers Are Essential for Euro Zone Economic Growth

Foreign workers have played a significant role in driving economic growth within the euro zone since the onset of the…

EU Unveils €95 Billion Response to U.S. Tariffs: Countermeasures Detailed

The European Commission recently proposed countermeasures amounting to 95 billion euros ($107.2 billion) in response to U.S. tariffs. This proposal…

China’s Tariff Lift to Boost US Ethane Exports Significantly

US ethane exports are anticipated to increase significantly in 2025 and 2026, particularly to China, following the removal of tariffs…

Asia Distillates: Cash Differentials Stable; June Spot Sales Mirror May Levels

Asia’s middle distillates markets have shown robust activity, particularly in trading sessions on Thursday. Refiner sales for June have closely…

Saudi Arabia’s Output Shift: The Timeliness Reflected in the Oil Market ‘Smile’ Analysis

Recent shifts in the oil market suggest that Saudi Arabia’s decision to increase production after five years of output cuts…