Six Shipping Industry Groups Come Out Swinging Calling for CII Reforms
Six of the major shipping industry trade groups representing everything from bulk cargo to containers, tankers, and passenger shipping, have…
Greek industrial output rises 6.7% y/y in May
Greek industrial output rose 6.7% in May compared to the same month a year earlier, after an upwardly revised 11.7%…
Fed’s Powell says balance sheet drawdown still has a ways to go
The Federal Reserve has “quite a ways to go” in trimming the size of its balance sheet with the endpoint…
Kuwait’s Al Zour awards July tender for very low sulphur fuel oil
Kuwait’s Al Zour refinery has awarded its spot tender for 0.5% very low sulphur fuel oil (VLSFO) loading later in…
Danaos Corporation Announces Additions of $616 million to its Contracted Revenue Backlog and the Addition of Five Containership Vessels to its Newbuildings Orderbook
Danaos Corporation (NYSE: DAC), one of the world’s largest independent owners of containerships, announced today that (i) it has added…
HD KSOE lands $250m VLGC order
South Korean group reaches 122 ship orders for 2024
Ro/ro market still sizzling despite added tonnage, tariff threats
Automobile shipments, especially electric vehicles from China, are strong, while high container rates and capacity shortages are pushing breakbulk, project…