Exceptional profit for car carrier owners can’t last forever, says Hoegh Autoliners chief
Tariffs and newbuilding deliveries will take their toll on the vessels’ six-figure rates, he said
Petrobras shipping wing Transpetro moves forward on 25-vessel newbuilding haul
LPG carriers and MR tankers are on the menu for Petrobras shipping arm
Capesize owner Seanergy hikes dividend payment after best second quarter in its history
Pure-play owner of large bulkers benefits from higher charter rates on its vessels
Fed to step on the gas, but market pricing looks aggressive
ISM services index suggest no immediate recession threat The US ISM non-manufacturing index has risen to 51.4 from 48.8, above…
Fed’s Goolsbee sees risk of waiting too long to cut rates, downplays recession fears
U.S. central bank policymakers need to carefully monitor changes in the economy to avoid being too restrictive with interest rates,…
Japan’s gasoline imports seen rising through August as refinery outages cut output
Japan’s gasoline imports are expected to stay elevated through August after rising 20% in June as outages at its refineries…
Malaysia LNG Tiga defers some LNG cargoes by more than a week in Aug: sources
Petronas has asked some lifters of LNG from the Malaysia LNG Tiga project to defer some cargo loadings from the…
Vietnam, Myanmar secure rice export contracts with Indonesia, while Thailand, Pakistan miss out
Vietnam has secured seven contracts to export 185,000 mt of 5% broken white rice to Indonesia, while Myanmar has secured…
US banks’ commercial deposits are back on a path to growth
After a tough 2022 and 2023, commercial deposits are expected to rise up to 4 percent a year for the…