Salvors Arrive as Fire Persists for 10 Days on Maersk Containership
The container fire aboard the Maersk Frankfurt a newly built containership chartered to Maersk continues after 10 days of a…
Will "Loss and Damage" Climate Funds Reach Fishermen?
Hundreds of millions of dollars have been pledged to compensate for “loss and damage” caused by climate change. Hundreds of…
ABS Awards AiP for Liquefied Gas Cargo Containment Innovation from Jiangnan
ABS awarded approval in principle (AIP) to two new developments from Jiangnan Shipyard: a new insulation system and a modern…
ClassNK Releases ‘ClassNK Technical Journal’
ClassNK has released the latest ‘ClassNK Technical Journal’, which has been published for contributing to the advancement of technology and…
Turkey to sign long-term LNG purchase contracts, minister says
Turkey is set to finalise long-term contracts for liquefied natural gas (LNG) to cover the 2027-2037 period, Energy Minister Alparslan…
China’s industrial profits post faster gains in June despite faltering economy
China’s industrial profits grew at a faster clip in June, official data showed on Saturday, even as businesses were grappling…
ECB’s Schnabel still sees tough ‘last mile’ in inflation fight
The European Central Bank still faces a tough “last mile” in its fight against high inflation, as evidenced by stubbornly…
PBOC surprises markets with an off-schedule 20bp cut to the MLF
What’s behind the PBOC’s sudden off-schedule MLF cut? It’s been a busy week for the PBOC. After cutting the 7-day…