IMO Honors Crew of a Product Tanker That Was Hit by a Houthi Missile
The International Maritime Organization has decided to give this year’s Exceptional Bravery at Sea award to two recipients: the crew…
Saltchuk Completes Acquisition of OSG After Several Previous Offers
Saltchuk Resources completed its previously announced tender offer to acquire all the outstanding shares of common stock of Overseas Shipholding…
MOL and Berge Bulk Rollout More Wind-Assisted Propulsion on Bulkers
The shipping industry is continuing to take its early steps toward the integration of wind-assisted propulsion into long-distance ocean shipping.…
Euro zone wage growth edges up in June, Indeed says
Wage growth in the euro zone edged up in June as salaries continued to catch up with prices after two…
China’s exports seen rising more quickly in June amid fresh tariff fears
China’s exports likely grew at the fastest pace in fifteen months in June, as manufacturers front-load shipments in anticipation of…
More than just a ‘bad episode’: Biden is struggling to convince donors and voters
President Joe Biden faced a mounting crisis of confidence among allies, donors, and party members, following a debate performance that…
Fed’s Powell defends central bank independence as challenges loom
Federal Reserve Chair Jerome Powell said on Tuesday central bank independence is a proven and politically popular way to achieve…
In France, cooperation is the only alternative to instability
A scattered vote After the first round of parliamentary elections, many of the candidates who qualified for the second round…
Japan’s wholesale inflation picks up as weak yen raises import costs
Japan’s wholesale inflation accelerated in June as the yen’s declines pushed up the cost of raw material imports, data showed…
BOJ to trim growth forecast, project inflation staying around target, sources say
The Bank of Japan will likely trim this year’s economic growth forecast in July but project inflation will stay around…