Limited Ship Availability Hurting Ship Recycling
Available ships for scrapping have become a rarity, over the past few weeks, with demolition activity being negatively impacted. In…
Venezuela denounces US tanker seizure as an act of piracy
Location transponder of vessel suspected of being seized shows it sailing off Grenada on Thursday morning
George Procopiou’s Dynagas goes for $10m share buyback in New York
LNG carrier company has given itself a year to make the purchases
Grieg leads investment round into UK wind system GT Wings
Funds will be used to prepare for ‘large-scale installation volumes’
Spiralling casualty costs pile pressure on salvors
The salvage industry is under the spotlight as emergency response operations become more expensive
New Fed projections to reset economic outlook after volatile year
Federal Reserve officials will issue new economic projections on Wednesday, an endpoint to a volatile year that saw a hoped-for…
Greek industrial output rises 6.4% y/y in October
Greek industrial output rose by 6.4% year-on-year in October, after an upwardly revised 7.3% increase in September, data from statistics…
Investors warm up for long spell of discordant Fed
What is expected to be one of the most ructious Federal Reserve policy meetings in years this week could well…
US labor costs growth slows in third quarter
U.S. labor costs increased slightly less than expected in the third quarter as a softening labor market curbed wage growth,…
Fed Expected To Cut Rates, But May Signal A Coming Pause
The U.S. Federal Reserve is expected to cut interest rates on Wednesday as policymakers grapple with gaps in economic data…