Prospects of a Trump win and huge tariffs spark worst sell-off for emerging market stocks in 10 months
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Baltic index falls as all vessel segments decline
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Thursday,…
Dalian iron ore dips as mixed supply data, softer global steel outlook weigh
Dalian iron ore futures prices declined on Thursday, as investors weighed mixed production data while a softer global steel market…
Globus Maritime buys bulker duo from chairman George Feidakis
Related-party deal allows New York-listed shipowner to use cash to purchase kamsarmaxes
Crude tanker newbuilding deliveries stretch out beyond three years as owners turn to China
Tight yard space is making companies wait ever longer for new ships just as newbuilding appetite returns
Shipping and the Macro Environment
Shipping demand will be shaped by the macroeconomic environment as well, in the coming weeks and months, with monetary easing…
Samsung Heavy Industries cashes in on LNG carrier and production unit orders
Shipbuilder is at 57% of its orderbook target as of end-September
Fed’s Hammack: Work to bring inflation to target not complete
Federal Reserve Bank of Cleveland President Beth Hammack said Thursday inflation pressures have been easing but still have yet to…
New Warnings of Piracy Activity in Indian Ocean and Singapore Strait
Despite the numerous reports that crime against seafarers has fallen dramatically, fresh warnings have gone out this week to vessels…
Eurozone PMI remains in contraction territory as ECB considers pace of rate cuts
The eurozone PMI has been on the decline since June, causing doubts about an already frail economic recovery from the…