‘New’ product tanker demand from Nigerian refinery exports could be mirage, broker Gibsons warns
UK company analyses a changing market with a lot of moving parts
Greek owner Golden Energy ups suezmax tally at DH Shipbuilding
Owner adds third vessel as suezmax orderbook reaches seven-year high
London P&I Club rebounds to profit before leadership change
Chief executive Ian Gooch signs off final figures after profitable investment and underwriting year
Lagarde faces tough time ‘in charge’ of ECB’s message
European Central Bank chief Christine Lagarde wore a necklace with the words “in charge” at Thursday’s press conference but her…
Americans are getting pickier, but they are still spending on hot items
Investors are scouring U.S. credit card spending patterns to size up which, if any, trends could give specialty retailers a…
The wiggle room around 2% inflation targets
This week’s milestone G7 interest rate cuts dispel any notion that hitting 2% inflation targets spot on is a precondition…
Capacity oversupply keeps India-US East Coast rates in decline
The continuing rate softness comes as some carriers prepare to implement peak season surcharges ranging from $500 to $750 per…
ILA halts talks over new contract until Maersk, APM clarify port IT projects
The International Longshoremen’s Association said it has called off talks for a new six-year labor agreement due to automation efforts…
Colombia ban on coal exports to Israel would hit foreign investment, mining group says
A possible ban by Colombia’s government on coal exports to Israel would violate international agreements and put market confidence and…
Turkey halts wheat imports until October to protect producers
Turkey will halt wheat imports from June 21 until at least Oct. 15 to protect farmers from price fluctuations, ensure…