Tuesday, Jun 17, 2025

The World of Petroleum and Bitumen

The June Issue of WPB Journal

The June Issue of WPB Journal

MAGAZINES

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Red Sea Shipping Instability: Strategic and Security Challenges Intensify in June

According to WPB, the Red Sea remains a vital maritime corridor, serving as a nexus point for global trade, energy transportation, and international ...

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LNG-Powered Bitumen Carrier Strengthens McAsphalt’s Fleet and Sustainability Goals

According to WPB, McAsphalt Industries, a prominent Canadian producer and supplier of asphalt and bitumen, has recently added a cutting-edge LNG-fuel...

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Shipping Giants Reshape Global Trade Routes as Industry Transforms

According to WPB, the global maritime industry is witnessing a profound reconfiguration of its operational landscape, driven by evolving trade polici...

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Navigating change: crucial maritime developments as of May 2025

According to WPB, the maritime industry is undergoing transformative changes shaped by progress in environmental initiatives, technological breakthro...

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India’s Green Shipping Gains Strategic Momentum

According to WPB, India’s maritime sector is entering a critical phase where environmental sustainability is no longer a peripheral goal but a stra...

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CMA CGM Restructures Fleet Strategy to Bypass U.S. Charges on Chinese-Made Ships

According to WPB, French maritime giant CMA CGM has decided to reorganize the deployment of its vessels across global routes in an effort to sidestep...

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Steel-Cutting Ceremony Marks Progress on Second Hybrid Offshore Wind Vessel for North Star

According to WPB, Cochin Shipyard Limited (CSL), a prominent entity in India’s public sector shipbuilding industry, has commenced the steel-cutting...

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Tariff Relief Offers Temporary Boost to China-U.S. Container Trade

According to WPB, container shipping companies have expressed cautious optimism following a recent tariff reduction agreement between China and the U...

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Denmark Launches First Commercial-Scale E-Methanol Facility for Low-Carbon Industries

According to WPB, a pioneering commercial-scale facility for producing e-methanol has commenced operations in southern Denmark, marking a major miles...

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Tariffs, Trade Shifts, and the Decline of China–U.S. Shipping: A Turning Point in Global Logistics

According to WPB, At the start of 2025, the international shipping sector is grappling with major disruptions following the Trump administration’s ...

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Hapag-Lloyd Secures Sustainable Financing for $4 Billion Container Vessel Program

In a significant step toward decarbonizing its operations, Hapag-Lloyd AG has secured long-term green financing for the procurement of 24 technologic...

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Singapore launched digital bunkering starting April 1, 2025

Following its pioneering move in 2017 to use mass flow metering for custody transfers, the Port of Singapore has taken another major step by official...

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Smart Ports of the Future

As the maritime sector undergoes continuous transformation, ports worldwide are embracing advanced technologies to boost their operational efficiency...

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Hongkong Post to Suspend U.S.-Bound Surface Shipments Over New Tariffs

Hongkong Post has announced it will suspend shipping goods to the United States via surface mail in response to newly imposed U.S. tariffs. This incl...

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CMA CGM and French AI Firm Mistral Join Forces to Enhance Customer Support

The major shipping company CMA CGM and French artificial intelligence startup Mistral AI have launched a strategic alliance worth 100 million euros, ...

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AI-Driven Technology Aims to Improve Naval Escort Security

For the protection of valuable naval assets like aircraft carriers, escort missions are necessary when navigating busy ports. Charles River Analytics...

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Pertamina International Shipping’s Journey: Commitment to Strengthening Indonesia’s Maritime Industry on the Global Stage

As an integral part of Indonesia’s national maritime ecosystem, PT Pertamina International Shipping (PIS) remains committed to elevating the countr...

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Oil Tanker and Cargo Ship Collide in North Sea, Causing Fires and Environmental Concerns

A serious maritime accident occurred on March 10, 2025, when an oil tanker, Stena Immaculate, and a cargo ship, Solong, collided 13 miles off the Lin...

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U.S. Plans Heavy Tariffs on Chinese-Owned and Chinese-Made Ships

The U.S. government has introduced a new proposal that could impose substantial fees on cargo vessels either owned by Chinese firms or manufactured i...

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February 2025 Global Shipping Outlook: How It May Impact Your Relocation

The international shipping sector is constantly adapting, with recent developments influencing overseas moves.

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