‘We have a problem’: 1,300 new tankers needed in next decade, Frontline boss says
Lars Barstad believes the sector is heading into a ‘wall’ of replacement needs as tankers age
Germany’s largest shipbroker formed as MPC Capital merges Harper Petersen and Albis Shipping
Hamburg-parent is merging its container, tanker and dry shipbroking desks
Chief Engineer
Description City Experiences is seeking a CHIEF ENGINEER for our HMS FERRIES operation in JACKSONVILLE FL. Salary: $38/hour + $4000…
As Europe struggles to cut debt, Sweden eyes more spending
While much of Europe faces tough choices about how to cut budgets to bring down soaring debt, thrifty Sweden has…
China plans CO2 emission cuts in key sectors by 1% of 2023 level
China aims to reduce the carbon dioxide emissions of key industries by an amount equivalent to about 1% of the…
U.S. bank profits jump 79.5% as large firms shake off failed bank costs
Profits for the U.S. banking sector surged 79.5% to $64.2 billion in the first quarter of 2024, boosted primarily by…
EU should delay implementing some bank rules if US drags feet, Villeroy says
The European Union “could and should” delay the implementation of certain bank capital rules if the U.S. drags its feet…
Eurozone bank lending muddles through ahead of first rate cut
Bank lending to non-financial corporates dropped in April compared to March, which was the first decline since January. Overall, corporate…
In Asia, people ask, how do I derisk from America?
A European private wealth manager in Hong Kong told me last week he recently got the catalyst he needed to…
US firms grow more pessimistic on economic outlook, Fed survey shows
U.S. economic activity continued to expand from early April through mid-May but firms grew more downbeat about the future amid…