Russia Transshipping Fish Through Norway to Avoid Dutch Shipping Ban
There has been extensive reporting on Russia’s use of transshipping with ship-to-ship transfers of oil in secluded locations, but now…
Eighth Large Offshore Wind Farm Approved for Construction by U.S. BOEM
The pace of approvals continues after years of review with the U.S. Department of the Interior’s Bureau of Ocean Energy…
MSC’s Investment in Hamburg Port Nears Final Vote in Parliament
The controversial plan for MSC Mediterranean Shipping Company to acquire approximately half of the Hamburg port operator Hamburger Hafen und…
US business activity inches up in June; price pressures abating
U.S. business activity crept up to a 26-month high in June amid a rebound in employment, but price pressures subsided…
China says EU escalation of trade friction could trigger ‘trade war’
The European Union could trigger a ‘trade war’ if it continues to escalate tensions, China’s commerce ministry said on Friday,…
Euro zone business recovery slows sharply in June, PMI shows
Euro zone business growth slowed sharply this month as demand fell for the first time since February, a survey found,…
UK GfK consumer sentiment rises to highest since Nov 2021
British consumer sentiment rose to a two-and-a-half year high this month, as households’ improved assessment of the broader economy outweighed…
US existing home sales fall in May as prices hit record high, mortgage rates rise
U.S. existing home sales fell for a third straight month in May as record high prices and a resurgence in…
Consumer-focused lending under Labour could dent UK bank profits
Once seen as hostile to banks, Britain’s Labour has courted lenders in recent years as it attempts to gain power,…
Japan’s June factory activity eases as costs rise, PMI shows
Japan’s factory activity expanded for a second straight month in June but the pace of growth eased as orders weakened…