Fire Breaks Out at Africa’s Biggest Refinery
The Dangote Refinery, the newest and largest facility of its kind in Africa, reports that it sustained a “minor fire”…
Austal Names Ex-US SECNAV as Chairman Replacing Founder
Austal, a leading defense contractor for the Australian and U.S. navies, has selected former U.S. Secretary of Navy Richard Spencer…
A Vessel That Australia Banned Catches Fire and Sinks Off Java
An Indonesian freighter with a past history of port state bans has caught fire and sunk in the Java Sea,…
Amsterdam to Start Cruise Ship Limits in 2026 and Remove City Dock by 2035
The city of Amsterdam in the Netherlands has reached an agreement on steps to begin limiting the number of cruise…
Euro zone bank lending growth hovering near zero, ECB data shows
Bank lending in the euro zone continued to languish near multi-year lows in May as record-high interest rates likely put…
US core capital goods orders fall sharply in May
New orders for key U.S.-manufactured capital goods unexpectedly fell in May, suggesting that business spending on equipment weakened in the…
US weekly jobless claims drift lower
First-time applications for U.S. unemployment benefits drifted lower last week, which could allay fears of a material shift in the…
Ro/ro surges at Brunswick amid investment, Baltimore diversions: GPA
Brunswick could overtake Baltimore as the busiest ro/ro port in the US, at least in the short-term, partly because operations…
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