March 17, 2025
News
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…
March 17, 2025
News
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…
March 17, 2025
News
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…
March 17, 2025
News
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…
March 17, 2025
News
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…
March 17, 2025
News
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…
March 17, 2025
News
Global Economic Outlook Dims: Slowing Growth, Persisting Inflation, and Uncertain Trade Policies Ahead
The global economic outlook is becoming increasingly uncertain, with a projected slowdown in growth and persistent inflationary pressures. Recent forecasts…
March 17, 2025
News
How E-Methanol Revolutionizes Decarbonization Efforts in Shipping and Industry
E-methanol is revolutionizing the decarbonization efforts in shipping and various industrial sectors. While significant strides have been made in electrifying…
March 17, 2025
News
Emerging Factors Poised to Boost China’s Economic Growth
China’s economic growth is expected to accelerate as the country focuses on cultivating new productive forces and enhancing technological innovation.…
March 17, 2025
News
China Retaliates Against G-7, Accusing Them of Arrogance Over Maritime Security Remarks
China has strongly reacted to the accusations made by G-7 diplomats regarding maritime security, describing the group’s statements as filled…