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Crude Oil
Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows
Venezuela’s state-owned oil company, PDVSA, has started exporting a heavy crude oil grade previously handled by Chevron since 2022, according to maritime …
China
World’s Largest Car Carrier Built by China Sets Sail
Anji Ansheng, China's domestically built ocean-going car carrier and the largest in the world by capacity, embarked on its maiden voyage to Europe on Thursd…
Russian
Grain Transshipment at Russian Ports Fell by More Than 50% in 2025
In the first four months of 2025, cargo turnover at Russian seaports declined by 5.4% compared to the same period in 2024, reaching a total of 280.7 million ton…
China
China’s Soybean Imports Set to Hit Record High in Coming Months
China’s soybean imports have recently dropped to a 12-year low, with trade estimates indicating that overall consumption could remain sluggish through mid…
Electric Vehicles
Geely Automobile Sees Q1 2025 Revenue Jump 25% YoY
Geely Automobile Holdings Limited announced its first-quarter financial results for 2025 on May 15, reporting a revenue of 72.5 billion yuan, a 25% increase fro…
Metal
China Lifts Dual-Use Rare Earth Export Ban on 28 US Companies
China has temporarily lifted export restrictions on rare earth elements and other dual-use items to 28 U.S. companies. This decision, announced by China’s…
Hydrogen Production
ABP, HiiROC and Px Group to Develop New Hydrogen Production Plant in UK
Associated British Ports (ABP), HiiROC, and px Group have partnered to establish a hydrogen production facility at the Saltend Chemicals Park (SCP), managed by …
United States
Record US, Global Corn Output Projected in 2025
The U.S. Department of Agriculture (USDA) released its World Agricultural Supply and Demand Estimates (WASDE) report on May 12, 2025, projecting record-high U.S…
Germany
Germany Opens up for Ship Recycling
Germany has authorized its first facility dedicated to dismantling and recycling large ships, located in Emden and operated by EWD Benli Recycling, a subsidiary…
Metal
DRC May Impose Stricter Cobalt Export Curbs
The Democratic Republic of Congo (DRC), the world’s leading cobalt producer, is evaluating stricter export limits on the metal after its current four-mont…
Photovoltaic （PV）
Austria Records 20% Decline in PV Capacity Expansion in First Quarter
Austria’s photovoltaic (PV) sector saw a 20% decline in capacity expansion in the first quarter of 2025 compared to the same period in 2024, according to …
Denmark
Denmark First to Launch Remote Pilotage
The Danish Emergency Management Agency has authorized DanPilot and Danelec to launch a groundbreaking 18-month test program for remote pilotage, a global first.…
Lithuania
Telia Docks Lithuania’s First 5G SA Network at KlaipėDa Port
Telia is set to launch Lithuania’s first 5G standalone (SA) network trial at the Klaipėda Port, located on the Baltic Sea. This trial will allow the Klai…
Power Cable
€1B Cable Factory at Port of Tyne Turning Into Reality as Consultation Starts
LS Eco Advanced Cables (LSEAC), a joint venture between Global InterConnection Group (GIG) and a subsidiary of LS Group, a South Korean cable manufacturer, has …
Oil Pipeline
Nigeria’s Trans Niger Oil Pipeline Bursts, Spills Crude, Rights Group Says
An environmental rights group reported a rupture in Nigeria’s Trans Niger Pipeline, a vital channel for transporting crude oil from onshore fields to the …
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