Technology
SGMF Publishes Life Cycle Assessment of Methanol as a Marine Fuel
SGMF has released the latest life cycle assessment of methanol in the maritime industry, highlighting the potential for...
Latest News in English
Oil and Petrochemicals
Biodiesel Sales in Singapore Increased in August 2026
Biodiesel sales in Singapore reached 57,000 tons in August 2026, marking a 48 percent increase compared to the previous...
Economy
Increase in Maritime Freight Rates Between China and the U.S. Approaching COVID Peaks
Maritime freight rates from China to the East Coast of the U.S. have reached nearly $11,000. This rate is 7% lower than...
Environment
Governments must respond to the United Nations Environment Programme report on temperature reduction
The United Nations Environment Programme report highlights the necessity of reducing temperatures below 1.5 degrees Cels...
Technology
New Babcock LGE Technology for Improving the Efficiency of Liquid Gas Cargo Transport
Babcock LGE aims to improve efficiency and reduce energy consumption in the transport of liquid gas cargo with the intro...
Economy
The Flemish Government Approves Construction of New Dock at Antwerp-Bruges Port
The Flemish government has recently approved the construction of a new dock at the Antwerp-Bruges port, which will help...
Oil and Petrochemicals
Saudi Arabia Faces 4% Global Oil Supply Risk
Saudi Arabia may face a shortage of export reserves in just a few days if the East-West pipeline is not reopened. The Ho...
Economy
Iron Ore Prices Rise Above 710 Yuan Ahead of China's National Holiday
Iron ore prices in the futures markets reached above 710 yuan per ton. This increase is due to higher marine purchases b...
Economy
China Commits to Reducing Steel Production to Control Inventories
China has committed to reducing steel production in order to control inventories and improve profit margins in the steel...
Economy
Progress of Corn and Soybean Harvest in the United States
Corn harvest in the United States has reached 8 percent and soybean to 6 percent. Corn, with 86 percent denting, is in a...
Economy
India Receives Export License for 1.64 Million Tons of Steel to the European Union
India has received an export license for 1.64 million tons of steel to the European Union under a free trade agreement....
Economy
Copper Price Rises to $6.45 Per Pound Following Improvement in Metal Market
Copper futures prices reached $6.45 per pound, marking the third consecutive day of increases. This price rise follows a...