George Economou payment plunges OceanPal to second-quarter loss
‘Other operating loss’ declared by the company refers to a reimbursement paid to activist shareholder
GFI and Pilot launch plan for new small-scale LNG terminal in Mexico
Companies team up on bunkering and transshipment hub project, Salina Cruz LNG
India finding cheap crude in Russia as new trading patterns solidify
When rich countries shunned Russian crude, India saw an opportunity
Gianluigi Aponte’s MSC shopping for newbuildings at two Chinese shipyards
World’s largest container line is adding to its fleet of new vessels
Chinese Survey Vessel Loiters Near Sabina Shoal, Raising Suspicions
A Chinese survey vessel is conducting unauthorized operations in the Philippine exclusive economic zone (EEZ), just 20 nautical miles off…
Family of Four Missing After Capsizing off Homer
The U.S. Coast Guard has suspended a search for a family of four from Texas who went missing in a…
China needs more than ‘incremental’ consumer stimulus longer term
China’s efforts to boost household spending are expected to help the economy hit the government’s 2024 growth target of roughly…
Exports and Fiscal Easing to Prop Up China’s Growth
Fitch Ratings is set to maintain its growth forecast for China in 2024 at 4.8%, despite recent official data pointing…
Central bank dam burst may see dash from cash
Catch the cresting wave? After numerous bruising false starts, there’s now a dash to lock onto what are still some…
Gas shocks play greater role in euro zone inflation, ECB paper says
Natural gas price shocks have an increasingly important impact on euro zone inflation although still not as much as oil…