Iron ore heads for weekly fall ahead of key China meeting
Iron ore futures are setfor a weekly fall amid a flurry of profit-taking, ahead of top consumer China’s third plenum,…
CBP Recovers Over 1,300 Stolen Cars Being Smuggled Overseas from U.S. Ports
U.S. Customs and Border Protection is reporting a strong increase in the recovery of stolen vehicles being smuggled out of…
IMB: Violence Against Crew on the Rise Amidst Drop in Piracy
The safety of crews on merchant ships is increasingly becoming a major concern owing to the rise in violent attacks…
India’s industrial output up 5.9% y/y in May
India’s industrial output INIP=ECI grew at a stronger-than-expected 5.9% year-on-year in May amid a higher growth in the mining and…
India Opens Vizhinjam Transshipment Port with Arrival of Maersk Ship
India’s first new deep-water port designed to facilitate the transshipment of containers celebrated its opening today as the first vessel,…
Citi profit climbs on investment banking surge, services strength
Citigroup’s profit rose in the second quarter, boosted by a 60% jump in investment banking revenue and gains in its…
FMC Defers Approval of Maersk-Hapag Cooperation for Competitive Review
The U.S. Federal Maritime Commission on Friday, July 12, reported that it is deferring its review and approval of the…
Ukraine’s economy expands 4.1% in first half of 2024, slows in June
Ukraine’s economy grew 4.1% in the first half of 2024 from a year earlier, the economy minister said on Friday,…
Salvage Crews Wait for Heavy Weather to Subside to Board Grounded Bulker
Salvage teams working to prevent an oil leak and pollution from the grounded Ultrabulk vessel Ultra Galaxy are waiting for…
The global economy needs a half-time pep talk
The Euro 2024 football championships are almost at an end. On Sunday, Spain and England will compete for the title.…