Cosco plots colossal $4.5bn order for 120 newbuildings
Fleet renewal plans emerge as China giant responds to ‘structural undersupply of tonnage’
Opinion: U.S. Should Not Waver on Ties to Strategic Pacific Islands
After more than four years of negotiation, economic assistance funding has been approved under the Compacts of Association, the agreements…
UK services inflation to make or break a June Bank of England rate cut
Headline inflation is virtually back to target It’s no exaggeration to say that this week’s UK inflation data will make…
Maritime Leaders Celebrate U.S. Shipping Heritage on National Maritime Day
On Wednesday, the American maritime industry celebrated National Maritime Day, the annual opportunity to recognize maritime’s contributions to the economy…
US announces details on higher China tariffs, some to start Aug. 1
The U.S. Trade Representative’s office on Wednesday said some of the steep tariff increases on an array of Chinese imports…
UK house prices show first annual rise in nine months, ONS says
British house prices rose for the first time since June last year, increasing by 1.8% on an annual basis in…
Ukraine’s GDP climbs 4.4% on year in Jan-April, ministry says
Ukraine’s GDP grew by 4.4% in January-April compared with the same period last year, the economy ministry said on Wednesday,…
Indonesia cuts taxes for conversion of export proceeds
Indonesia has cut taxes for exporters who converted their earnings to rupiah in a new regulation issued this week aimed…
EU securities watchdog calls for powers to deepen capital market
The European Union’s securities watchdog on Wednesday called for powers to directly supervise cross-border financial firms and help fast-track the…
Op-Ed: The Maritime Security Operation in the Red Sea Has Limits
The importance of maritime trade is often highlighted to justify naval spending and operations. When commercial traffic in the Red…