Thursday

24-04-2025 Vol 19

Fed’s Williams Warns Tariffs Could Increase Inflation and Unemployment Rates

John Williams, President of the New York Federal Reserve, highlighted concerns about the economic impact of the Trump administration’s trade…

U.S. Dollar Faces Pressure as Trump’s Tariffs Ignite Trade Instability

In the past week, the U.S. dollar has shifted from being a reliable safe haven to a source of concern…

Investors Navigate Economic Threats from Tariffs Amid Ongoing Market Volatility

Investors are facing significant challenges as ongoing market volatility continues, largely influenced by the repercussions of President Trump’s fluctuating tariff…

Ivory Coast Aims to Become West Africa’s Refining Hub with New 170,000 b/d Oil Plant

Ivory Coast is positioning itself as a pivotal energy hub in West Africa with ambitious plans to expand its refining…

Baker Hughes Reports Largest Weekly Drop in US Oil Rig Count Since June 2023

U.S. energy companies have significantly reduced the number of oil rigs this week, marking the largest decline since June 2023.…

Russia’s Oil Export Profitability Hits Lowest Point in Two Years

Russia’s oil exporting profitability has dropped to its lowest point in two years. This decline is reflected in the netback…

Cosco Considers Legal Action Following Peru’s Implementation of Price Controls at Major Megaport

Cosco Shipping, the Chinese port operator, is considering legal action in Peru following a decision by the local regulatory agency…

Trump Pursues Collaboration with South Korean Shipbuilders for Enhanced Business Partnerships

President Donald Trump has taken steps to rejuvenate the U.S. shipbuilding industry with an executive order signed on April 9.…

GravityVibe: Real-World Validation and Optimization in Action

GravityVibe is an innovative solution designed to enhance bulk carriers’ efficiency by allowing them to discharge a broader range of…

IMO Reaches Agreement, Yet Further Action Required to Advance Future Fuels Development

The International Maritime Organization (IMO) has made significant strides towards establishing a global fuel standard aimed at reducing greenhouse gas…