Thursday

03-04-2025 Vol 19

German Growth Improves in March as Manufacturing Production Increases, PMI Data Reveals

Germany’s private sector experienced notable growth in March, marking the highest increase in business activity in ten months. This upturn…

Geopolitical Factors Will Influence the Shipping Market Landscape in 2025

The shipping market in 2025 is expected to be significantly influenced by geopolitical factors, particularly regarding U.S. military interventions in…

Bank of Finland: Russian Economy Experiences Slowing Growth Amid Ongoing Conflict

The Bank of Finland has released a report indicating that Russia’s economic growth is expected to decelerate this year as…

Central Banks Adopt Cautious Approach Towards Interest Rate Reductions

Central banks in developed markets are increasingly adopting a cautious stance toward interest rate cuts amid rising uncertainties in global…

OPEC+ Unveils New Strategy for Oil Production Cuts to Address Overproduction Issues

OPEC+ has announced a new plan requiring seven member nations to implement additional oil output cuts in response to excess…

EU Aims to Cut Steel Imports by 15% to Strengthen Domestic Industry

The European Commission has announced a new action plan aimed at the steel and metals industries, targeting a significant reduction…

Future Fuel Availability in the Americas: Insights and Projections

North America is experiencing tight bunker fuel availability across all grades in Houston, with lead times extending beyond seven days…

New Shipowners Become Part of the Bluepool Panamax Pool Team

Castor Maritime and Sea Tribute Shipmanagement have recently joined the Bluepool Panamax dry bulk shipping pool, enhancing its fleet. Castor…

Wallenius Wilhelmsen’s 2024 Annual Report Reveals Yet Another Record-Breaking Year of Success

Wallenius Wilhelmsen has announced its 2024 annual report, showcasing another record-breaking year with all-time high financial results. The company’s performance…

March ITS Logistics Port Rail Ramp Index: Trucking Capacity-to-Demand Ratio May Raise Dray and Rail Rates

ITS Logistics has released its forecast for the March US Port/Rail Ramp Freight Index, indicating strong import volumes at the…