Indonesian owners are capitalizing on their investments in the tanker sector, with notable players like Soechi Lines and Waruna Group selling vessels to secure profits. This trend reflects a strategic move amidst the current market conditions, showcasing the ability of Indonesian owners to adapt and maximize returns in the maritime industry.
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When tariffs danced with Bitcoin and markets held their breath
On March 12, 2025, global markets experienced a rollercoaster ride due to shifting narratives around tariff measures and deteriorating trade relations, highlighted by President Trump's threat to double tariffs on Canadian steel and aluminum. This led to a market selloff, with US indices sliding and European markets reflecting unease. Despite this, Chinese markets rose as investors bet on Beijing's ability to cushion the impact. Additionally, a significant development was the US government's bold step into...
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