April 20, 2025
News
Baltic Index Increases Due to Strong Vessel Rates Boosting Shipping Industry
The Baltic Exchange’s dry bulk sea freight index saw an increase on Friday, driven by heightened demand across various vessel…
April 20, 2025
News
IMO’s Net-Zero Shipping Strategy Begins with Carbon Pricing, Yet It Faces Imperfections
On April 11, the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) agreed on a set of…
April 20, 2025
News
Galp Receives First LNG Shipment from Venture Global’s Calcasieu Pass Facility
Portuguese energy company Galp Energia has announced that it has successfully lifted its first liquefied natural gas (LNG) cargo from…
April 20, 2025
News
Azerbaijan Sees 5.5% Decline in Oil Exports via BTC Pipeline from January to March
Azerbaijan’s oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline experienced a decline of 5.5% in the first quarter of 2025, totaling…
April 20, 2025
News
Copper Declines in Low-Volume Trading Amid Rising Dollar Value
Copper prices experienced a decline in London on Thursday, primarily influenced by a stronger dollar. However, trading activity remained subdued…
April 14, 2025
News
Musalem Advocates for Fed to Tackle Ongoing Tariff-Driven Inflation Concerns
Alberto Musalem, the President of the St. Louis Federal Reserve, expressed concerns about the potential impact of rising short-term inflation…
April 14, 2025
News
Former and current WTO leaders call for urgent reforms to sustain global free trade initiatives.
A former head of the World Trade Organization (WTO) has warned that the future of global trade, heavily impacted by…
April 14, 2025
News
Asian Spot Prices Decrease to 8-Month Low Amid Weak Demand and Recession Fears
Asian spot liquefied natural gas (LNG) prices have recently descended to their lowest point in over eight months due to…
April 14, 2025
News
US EIA Issues Caution on Reduced Oil Demand Due to Tariffs and Trade Instability
The U.S. Energy Information Administration (EIA) has issued a warning regarding the potential for lower oil demand due to ongoing…
April 14, 2025
News
Understanding Key Changes in the 2025 Arbitration Act for Maritime Disputes
The new Arbitration Act 2025 received Royal Assent on 24 February 2025 and is set to take effect later this…