Diesel surcharge benchmark smashes $6 barrier—what it means for shipping
US retail diesel prices hit an all-time high of $5.967/gallon, pushing freight costs to unprecedented levels.
World Economy
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World Economy
Sparse Source Highlights Maritime Finance’s Specialized Role
A brief, fragmentary source states maritime finance is a highly specialized and critical sector, but offers no further detail. This report confines itself to…
World Economy
AD Ports Group Reports Record Net Profit of AED 596 Million in Q3 2025, +34% YoY Growth
Strongest quarterly net profit since February 2022 public listing on the back of steady operating profits, lower finance costs, and positive impact from income…
World Economy
China refines countermeasures to new U.S. port charges
Beijing signals preparations for a measured response to newly introduced U.S. port charges, though official specifics remain undisclosed. The emphasis points to calibration and…
World Economy
DP World Invests $2.5bn, Adds 5,000 Jobs on Four Continents
DP World announced a $2.5bn commitment to develop end-to-end logistics infrastructure, generating 5,000 new roles across four continents this year, according to a brief…
World Economy
UK Targets Iranian Oil Magnate and Firms with New Sanctions
Britain imposes an asset freeze and travel ban on Mohammad Hossein Shamkhani and designates four companies, alleging a network that supports Tehran’s overseas activities…
World Economy
Golden Ocean shareholders approve stock-for-stock merger with CMB.TECH
A shareholder vote in Hamilton, Bermuda clears a key hurdle for a stock-for-stock combination of Golden Ocean and CMB.TECH, with completion to follow the…
World Economy
APM Terminals reports record-high volumes; reaffirms commitment to partnerships and progress
APM Terminals' quarterly results for Q2 2025 show record-high volumes – despite volatile markets. These numbers reflect the hard work and commitment of colleagues…
World Economy
EU approves €11 billion for France to support offshore wind energy
The measure will support the construction and operation of three floating offshore wind farms: one in the sea off the southern coast of Brittany…
World Economy
Approved an investment of more than 1.6 billion euros in spanish ports by 2026
The investment to boost the sustainability of spanish ports increases compared to 2025, reaching 280 million euros.
World Economy
Eight OPEC+ members ratify crude oil production increase for June
Eight member countries of the extended Organization of the Petroleum Exporting Countries (OPEC+) announced, on May 5, their intention to maintain increased crude oil…
