South Korean and Thai refining companies are wary of importing CPC Blend because the Red Sea risk still exists
South Korean and Thai refiners are hesitant to import CPC Blend crude from the Mediterranean market because the...
Fearnley Week 4 2025
After last week’s bonanza in the VLCC market, things got worse this week. After a cooling off period,...
A shortage of workers could define the economy in 2025
Despite all the doubts about world trade, debt and inflation, worker shortages may be the economic trendsetter this...
Stocks get tech boost, tariff uncertainty weighs on dollar
Global shares rose on Wednesday as a slew of new policies from US President Donald Trump combined with...
The Houthis may reduce attacks on Red Sea ships as long as the Israel-Hamas ceasefire remains in effect, but they are likely to return
The Houthis will likely reduce the frequency of attacks on ships in the Red Sea as long as...
Russian crude oil exports surged to their highest level in seven weeks despite tough sanctions
Russia’s seaborne crude oil exports rose to a seven-week high in the week to Jan. 19, according to...
Banchero Costa Weekly Market Report, Week 03 2025
After a positive 2023, when global crude oil loadings increased by +4.6% yoy, things are calmer in 2024....
How the business world is coping with increasing geopolitical risks
What’s on your list of geopolitical risks? Whether you’re the CEO of a billion-dollar organization or a small...
Stocks were jittery and the dollar surged on Trump’s tariff plans
Global markets greeted Donald Trump’s presidency with concern on Tuesday in a move that was highly sensitive to...
The Houthi group in Yemen says they will only target ships linked to Israel after the ceasefire in Gaza
Yemen’s Houthi group will limit their attacks on commercial vessels to vessels linked to Israel after the ceasefire...
LNG trader diverted six US cargoes to Europe from Asia
Traders diverted at least six cargoes of liquefied natural gas en route to Asia to Europe at the...
Ningbo Container Freight Index Report, January 17, 2025
In the week ended January 17, the Ningbo Containerized Freight Index (NCFI) published by the Ningbo Shipping Exchange...