Germany is Discussing Financial Bailout for Meyer Werft
The shipyard group Meyer Werft is reportedly facing a growing financial crisis that is going to require refinancing of the…
U.S. Launches “Coordinated Review” of Troubled Gaza Pier and Aid Mission
The Inspectors General from the U.S. Department of Defense and the U.S. Agency for International Development confirmed that they are…
Houthis Assert Attacks in Med and Red Sea Including Five Missiles at a Ship
The Houthis are asserting a broad array of attacks conducted on a range of ships in both the Mediterranean and…
Colonial allocates Cycle 39 shipments on distillate Line 20
Colonial Pipeline Co. is allocating space for Cycle 39 shipments on Line 20, which carries distillates from Atlanta to Nashville,…
EU delays announcement of measures on Chinese biodiesel imports
The European Commission has changed the date for pre-disclosure of potential provisional duties on imports of Chinese biodiesel to July…
ECB wants countries to raise, not cut bank capital buffers
Euro zone countries should not cut bank capital buffers and some should even increase them given record profits in the…
UK economy picks up in early 2024, too late for election boost
Britain’s economy pulled out of recession at a faster pace than previously thought in the first three months of this…
Fed’s Barkin: consumer demand solid, but not frothy
U.S. consumer demand is still solid although households are beginning to get more sensitive to prices, Richmond Fed President Thomas…
Zim adds new premium trans-Pacific service to West Coast amid rate surge
The carrier next week will roll out a premium express service from central China to complement the South China express…
LA-LB ports investing $25 million in charging infrastructure for electric trucks
The Los Angeles and Long Beach harbor commissions have each approved allocating $12.5 million to help fund the installation of…