Container sale and purchase transactions slowing after busy first half
Alphaliner lists MSC as the largest buyer and Maersk among biggest sellers
ESG advocate BlackRock doubles stake in offshore vessel giant Tidewater to $600m
World’s largest asset manager has become largest holder in Texas-based OSV provider
Six Shipping Industry Groups Come Out Swinging Calling for CII Reforms
Six of the major shipping industry trade groups representing everything from bulk cargo to containers, tankers, and passenger shipping, have…
Eneos Cites Investment and Regulatory Costs in Sale of 49 Vessels to NYK
Japan’s NYK Line, already a leader in energy shipping, plans to further consolidate the industry through an agreement that will…
U.S. Likely to Remove Gaza Aid Pier Weeks Earlier Than Planned
After a string of weather-related mishaps and security difficulties, the U.S. military will likely remove the temporary pier that the…
Tougher trustbusting will last beyond US election
Many acquisition strategies hinge on the upcoming U.S. election. Aggressive efforts against corporate consolidation under President Joe Biden have stopped…
Fed’s Powell says balance sheet drawdown still has a ways to go
The Federal Reserve has “quite a ways to go” in trimming the size of its balance sheet with the endpoint…
Greek industrial output rises 6.7% y/y in May
Greek industrial output rose 6.7% in May compared to the same month a year earlier, after an upwardly revised 11.7%…
Kuwait’s Al Zour awards July tender for very low sulphur fuel oil
Kuwait’s Al Zour refinery has awarded its spot tender for 0.5% very low sulphur fuel oil (VLSFO) loading later in…