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Wednesday, June 24, 2026
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China

China’s factory activity shrinks again in November, services cool

China’s factory activity shrank for an eighth month in November while services cooled, highlighting the dilemma facing policymakers over whether to press ahead with...

Ship recycling new technologies proposed in Hong Kong by finance sector

The finance and investment community in Hong Kong, China was informed of the growing opportunities and urgent needs in sustainable ship recycling. The event, organized...

Russia fails to win back seat on IMO’s top table

Russia failed on Friday to secure a seat on the IMO Council despite urging countries to back its nomination for a seat it lost...

Commodities weekly: Metals take the lead as index hits three-year high

This week’s update was written and published during a major outage at the Chicago Mercantile Exchange (CME) which halted trading in futures and options...

Philippines, Japan holds third maritime cooperative activity in the South China Sea

The Armed Forces of the Philippines (AFP) and the Japan Maritime Self-Defence Force (JMSDF) carried out the third Philippines–Japan bilateral maritime cooperative activity (MCA)...

Beijing issues additional 10 mil mt crude import quota to independent refiners for 2025

Beijing has released an additional quota of about 10 million mt to qualified independent refineries for crude imports in 2025, multiple industry sources told...

Global Economic Outlook Q1 2026: AI Tailwinds Boost Otherwise Weak Growth

The global macro narrative has shifted in a positive direction since our last update. This reflects two major developments. The first is a better outcome...

“China has shifted to developing next-generation fuel ships, Japan lags behind

China’s shipbuilding industry is becoming an important partner for global shipowners in moving towards green development, which has also sparked anxiety among Japanese counterparts...

Nova Marine Carriers looks to the Far East. Romeo: “New ships for new markets

The leading group in the dry bulk sector with over one hundred ships is increasingly working with Vietnam, Indonesia, Bangladesh, India, New Zealand, and...

Tanker Market: What’s the “Peace in Ukraine” Effect?

According to Gibson, since the start of the war, “tanker tonne miles (/CPP) grew 5.4% in 2022 following the invasion and by 7.2% in...
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