Thursday

03-04-2025 Vol 19

Sources indicate OPEC+ plans to move forward with scheduled oil output increase in May.

OPEC+ is expected to proceed with its plan to increase oil output for the second consecutive month in May, according…

Iron Ore Prices Surge on China’s Strong Demand Despite Concerns Over Production Cuts

Iron ore futures experienced a notable increase on Monday, driven by robust demand in China, the world’s largest consumer of…

Seaspan enhances safety and efficiency by equipping 100 additional ships with Orca AI technology.

Seaspan Corporation is making significant strides in maritime technology by equipping an additional 100 ships with Orca AI’s SeaPod digital…

IACS Releases Latest Guidelines for 3D Printing in Marine and Offshore Industries

The International Association of Classification Societies (IACS) has introduced a new recommendation, Rec.186, aimed at establishing a standardized approach for…

Value Maritime and MOL Achieve Groundbreaking Carbon Capture Milestone Together

Value Maritime (VM) has made a significant advancement in reducing CO2 emissions within the maritime industry by successfully installing its…

China’s Container Crisis: Declining Rates and Weakening Demand Worry Traders and Lessors

China’s container logistics sector is facing significant challenges due to falling container prices and leasing rates amid weakened cargo demand.…

MEPC 83: “Driving Shipping Innovation Requires a Global Framework

The upcoming 83rd meeting of the Marine Environment Protection Committee (MEPC 83) of the International Maritime Organization marks a significant…

Xclusiv Shipbrokers Weekly Update: March 24, 2025 Edition

Xclusiv Shipbrokers Weekly – 24th March 2025 Recent geopolitical events, particularly those involving the United States, Iran, Yemen, and China,…

Maritime Executives Warn: Trump’s Fees on Chinese Ships Will Negatively Impact US Companies

President Donald Trump’s initiative to support the U.S. shipbuilding industry may unintentionally harm domestic operators and ports. Maritime executives are…

Could Proposed Port Fees Transform US Dry Bulk Import and Export Trade Dynamics?

The recent proposals concerning port fees could significantly transform US dry bulk imports and exports. The Q1 2025 Dry Bulk…