Egypt’s wheat imports rise by 28.3% in H1 2024
Egypt increased its wheat imports by 28.3% in the first half (H1) of 2024, an unnamed government official told Asharq…
Second Hand Market Still Very Busy
The second hand S&P market has kept its bullish momentum for yet another week. In its latest weekly report, shipbroker…
Record-breaking demand for ocean container shipping adds to perfect storm in market
Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port…
HELMEPA’S Conference At Posidonia 2024 Advancing Shipping Resilience To Climate Change
HELMEPA’s impactful presence at Posidonia 2024 was a resounding success, resonating both on shore and at sea. Centered around the…
ESG advocate BlackRock doubles stake in offshore vessel giant Tidewater to $600m
World’s largest asset manager has become largest holder in Texas-based OSV provider
Container sale and purchase transactions slowing after busy first half
Alphaliner lists MSC as the largest buyer and Maersk among biggest sellers
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…