Salvors Will Use Explosives to Free Up Baltimore Boxship Dali
All debris has been cleared from the starboard side of the boxship Dali, leaving one massive span of bridge resting…
Bank of England to stay optimistic but avoid endorsing June rate cut
Markets aren’t fully buying the BoE’s new found optimism Can the Bank of England diverge from the Federal Reserve on…
James Bean to Leave NorthStandard and Join London P&I Club as CEO
NorthStandard announces the departure of James Bean, a senior executive team member, following his decision to accept a role as…
German deficit forecast at 1.75% in 2024, says stability council
Germany’s general government deficit is forecast to be around 1.75% of gross domestic product in 2024, falling to around 1%…
Marlink Upgrades Managed Hybrid Network Across Simon Mokster Shipping Fleet
Marlink, the leading smart networks and digital solutions company, has completed a fleet-wide upgrade of its hybrid network solution for…
Turkey central bank net reserves jump record $7 bln in U-turn, bankers say
The Turkish Central Bank’s net foreignreserves rose by a record $7 billion last week, bankers said on Tuesday, sustaining a…
Fuels of the Future
All around the world, new regulations are coming into force that will require maritime operators to report – and reduce…
Europe has little to fear as ECB and Fed part ways
Christine Lagarde and Jerome Powell are about to consciously uncouple their monetary policies. The European Central Bank president will almost…
Japan offers to buy 114,077 tons food wheat via tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) sought to buy a total of 114,077 metric tons of food-quality wheat…
Russia cuts trader TD RIF’s grain export quota by 1.2 mln tons
Russia’s Agriculture Ministry has reduced the grain export quota of one of the country’s largest grain trader Rodnie Polya, formerly…