Iron ore soars to near three-month high on China’s fresh property stimulus
Iron ore futures surged to a near three-month high on Monday, propelled by improving demand outlook on the back of…
Baltic Index Falls As Rates Decline Across All Vessels
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Monday…
Can Canada’s largest East Coast port pick up the slack? Not while its workers are on strike too
Three-day strike impacts terminals utilised by MSC
Three Dead as Shuttle Tanker Explodes in Bangladesh Port
A shuttle tanker docked at the Eastern Refinery in Chittagong, Bangladesh exploded today, September 30, killing three crewmembers. The Coast…
Sides Remain Dug In as ILA Confirms it Will Strike U.S. Ports at Midnight
With just hours left on their prior six-year contract, the International Longshoremen’s Association stepped up its rhetoric for the strike…
Global Schedule Reliability Remained Stable in 2024 Ahead of U.S. Strike
Carrier schedule reliability stabilized in 2024 after the shocks coming from the Red Sea diversions and issues at the Panama…
China and U.S. Allies Hold Competing Naval Drills in South China Sea
Two competing naval drills got under way in the contested waters of the South China Sea, with Chinese forces and…
They’re Off! Endless World Cruise Starts After Prolonged Shipyard Delay
Being marketed as the “endless world cruise,” the trip which is scheduled to last three-and-a-half years with a select group…
China’s factory, service sectors skid, emboldening stimulus calls
China’s factory activity shrank for a fifth straight month and the services sector slowed sharply in September, suggesting Beijing will…
ECB’s Oct decision will reflect greater confidence on inflation, says Lagarde
The European Central Bank is increasingly confident that inflation will fall back to its 2% target and this should be…