Saturday

07-06-2025 Vol 19

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…

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…

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…

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…

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…

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…

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…

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…

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.…

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…