Hengli Shipyard stacks bulging orderbook with 10 kamsarmax bulk carriers
The 82,000-dwt bulker newbuildings were ordered by three European companies
NorthStandard unveils new head of underwriting for Asia Pacific.
Jack Marriot Smalley tasked with growing underwriting in Asia Pacific, and on developing talent within the region.
Iron ore slips on declining steel production, rising inventories in China
Iron ore futures prices softened on Monday, weighed down by declining steel production in China, rising port inventories, and concerns…
Baltic Index Hits Over Three-Week Low As Vessel Rates Weaken Across Segments
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell to a more…
Fed’s Miran says he can’t base policy stance on buoyant financial markets
Federal Reserve Governor Stephen Miran said on Monday it is wrong to put too much emphasis on the strength of…
Bessent says high US interest rates may have caused housing recession
Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary…
US manufacturing contracts further in October; supplier delivery times lengthen
U.S. manufacturing contracted for an eighth straight month in October as new orders remained subdued, and suppliers were taking longer…
Greek manufacturing sector posts stronger growth in October, PMI shows
Greece’s manufacturing sector experienced a notable improvement in October, with expansions in output, new orders, and employment, S&P Global reported…