US Inflation Relief And Consumer Cooldown Boosts Chances Of Rate Cuts
Inflation relief with a “low” 0.1% The May personal income and spending report has offered some encouragement that inflation pressures…
China’s June factory activity contracts again, services slows
China’s manufacturing activity fell for a second month in June while services activity slipped to a five-month low, an official…
Thailand’s PTT seeks LNG cargo for July-August delivery
The government has floated a new tender to buy a cargo of spot-market LNG (liquefied natural gas) for mid-July delivery…
Russia is likely to continue with gasoline exports in July, sources say
Russia is close to ruling on a continuation of gasoline exports in July, extending a waiver on a partial ban…
India steel, trade ministries in talks over rising Chinese imports, says source
India’s steel and trade ministries are in talks over rising imports, particularly cheap Chinese goods, a government source with direct…
Russia will start gas exports to China from far east in 2027
Russia’s Gazprom will start annual pipeline gas exports to China of 10 billion cubic metres (bcm) in 2027, its boss…
Navigating EU ETS with data – and positively impacting shipping’s decarbonisation trajectory
The European Union Emissions Trading System (EU ETS) stands as a cornerstone in the global endeavour to mitigate climate change,…
Ageing MR Product Tanker Fleet Could Impact Future Market Prospects
A boost in ton-mile demand has kept older MR tankers afloat. In its latest weekly report, shipbroker Gibson said that…