Alphabet, Meta, Microsoft set to spend $230 billion this year as hefty AI bills come under scrutiny
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Iron ore pares losses on Australia supply worries, softer US dollar
Iron ore futures clawed back higher on Thursday, supported by a softer dollar and Australia supply snags, while investors looked…
US grain, oilseed exports surge in 2024 without boost from China
Most global importers last year took advantage of plentiful and cheaper U.S. bulk agricultural commodities, including soybeans and corn, the…
Baltic index rises for fifth straight session on stronger panamax, supramax rates
The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for…
Maersk Forecasts Container Volume Growth While Profits Decline in 2025
Despite continued global uncertainties, Maersk is forecasting the container market will grow by a healthy four percent in 2025 and…
Delaware port still backing Edgemoor plans even after lawsuit cancels permit
The proposed Edgemoor container terminal was slated for groundbreaking in January, but the project timeline is now uncertain after a…
Capital Clean Energy remains confident on charter opportunities for newbuildings
Greek shipowner remains insulated from historic lows in LNG spot rates
Report: Ex-Commandant Adm. Linda Fagan Abruptly Evicted From Base Housing
The U.S. Department of Homeland Security has ejected former Coast Guard Commandant Adm. Linda Fagan from her house with three…
Fincantieri Employee Engagement Increases for Second Year in a Row
Fincantieri, a global leader in high-complexity shipbuilding, presents the results of the 2024 Employee Engagement Survey, the third on a…