Fed’s Kashkari cites high risk inflation is “settling”
The strength of the U.S. housingmarket and potentially stalled progress on inflation means monetarypolicy may not be as tight as…
US banks report weaker loan demand, Fed survey says
U.S. banks reported renewed weakening in demand for industrial loans and a decline in household demand for credit in the…
Russia considers lifting gasoline exports ban
Russia is considering lifting its gasoline exports ban, officials and sources said on Tuesday, as oil refineries return from maintenance…
Restrictive steps for wheat, rice exports may persist amid sticky inflation
India is expected to maintain its stance of heightened monitoring of wheat and rice inventories amid persistent food inflation, which…
Freeport may export up to 900,000 metric tons of Grasberg copper concentrate in second half
Freeport-McMoRan is preparing to ship as much as 900,000 metric tons of copper concentrate starting in June from its Grasberg…
Newly-delivered tug to support Svitzer’s Brazil operations
Towage company Svitzer has taken delivery of a new ASD harbour tug to support its operations in Brazil. Svitzer Babitonga…
Dutch builder launches second ship in series ordered by Thun Tankers
Dutch shipbuilder Ferus Smit has launched the second vessel in a series ordered by Swedish tanker operator Thun Tankers. Thun…
Fortescue ammonia-fuelled demonstrator vessel completes manoeuvring trials
Australian company Fortescue, with support from the Maritime and Port Authority of Singapore (MPA), has successfully completed propulsion and manoeuvrability…
Cambodia to build 180-kilometre canal
The Cambodian government has unveiled plans for a new canal that would link some of Cambodia’s key ports to the…
Langh Ship’s newest 7,800DWT vessel sails on delivery voyage
Finnish shipping company Langh Ship has confirmed that its newest 7,800DWT vessel has been completed and is already en route…