China is defending against the dollar’s dominance
Financial security has become an indispensable part of China’s national security discourse since the 1997 Asian financial crisis. Rising geopolitical…
Global unemployment to slightly fall in 2024, UN labour body says
The global unemployment rate is expected to fall slightly to 4.9% this year from 5.0% in 2023, even as inequalities…
Fed’s Williams: Monetary policy well positioned to lower inflation
Federal Reserve Bank of New York President John Williams said Thursday the current setting of monetary policy is in the…
Dispute Over Containers in Uruguay’s Montevideo Port Goes to Arbitration
The World Bank’s International Center for Settlement of Investment Disputes (ICSID) has agreed to arbitrate a case involving the shareholders…
Investment Plan to Improve NY Harbor and Deepen Channel and Anchorage
The Port Authority of New York and New Jersey announced a multifaceted package of significant investments in partnership with the…
Container spot rates hit highest level this year — and the rally is not over yet
More rate hikes beckon in the Red Sea-disrupted container shipping market
BW LPG says Panama Canal congestion to increase despite transits rising
CEO Kristian Sorensen believes sheer weight of ship numbers will outstrip increase in daily slots
Hafnia eyes clutch of VLAC newbuildings as it builds out ammonia interests
BW unveils emission cuts for its LNG and bulk carriers in 2023 Sustainability Report