The boost to VLCCs from Iranian sanctions: Jefferies breaks down the numbers
Veteran analyst says it may not be a ‘Cosco effect,” but good news nonetheless
Russian Ballistic Missile Strike Damages Two Ships at Port of Odesa
On Monday, another Russian missile attack hit the Black Sea port of Odesa, damaging two merchant ships, including one that…
China’s stimulus promises bring property sector hope, rather than confidence
Chinese finance industry professional Zhang Jing made enough money from a recent stock market rally to consider hopping on the…
China’s trade surplus contracts in September
Exports slowed more than expected in September After stronger-than-expected growth in August, China’s exports slowed noticeably in September. Customs data…
China’s September lending falls short of expectations
New bank lending in China jumped in September from the previous month but fell short of expectations, as markets await…
Fed’s Kashkari: Sees more modest rate cuts ahead for U.S. economy
U.S. Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday more rate cuts likely lie ahead for the…
Inform cuts Ukraine 2024 grain export forecast amid smaller corn output
Analyst APK-Inform has lowered its Ukraine 2024/25 July-June grain export forecast to 37.2 million metric tons from 39.1 million tons,…
DP World reverses course, unveils expansion of London Gateway terminal
DP World’s group chairman and CEO had initially ordered the cancellation of Monday’s announcement after being angered by comments made…
Port Tampa Bay reopens after power restored following hurricane closure
The port reopened on Saturday after engineering firm Woolpert performed a survey to check for storm debris in shipping channels.