Bahri steams in to snap up SM Korea Line VLCC quartet
Brokers say Hanwha Ocean is in negotiations but still trawling for buyers on its 2026 large tanker berths
Rise in part-time work threatens already sluggish productivity growth in Germany
Record high employment does not translate into higher output German unemployment stood at 5.9% in April, higher than the 5%…
Economy scars voters in run-up to EU election
The northern French port of Dunkirk, riding an industrial mini-boom thanks to a state-backed investment push, is a showcase for…
EU economy greenhouse gas emissions: -4.0% in Q4 2023
In the fourth quarter of 2023, EU economy greenhouse gas emissions were estimated at 897 million tonnes of CO2-equivalents (CO2-eq),…
China goes on a $1 trln apartment-buying spree
China’s national team is going house hunting. State-owned enterprises and local governments are answering Beijing’s call to purchase the country’s…
Australian and US economies – a comparison
Australia’s growth profile is weaker The obvious starting point for a comparison like this is growth, and here Australia does…
USS Ronald Reagan Departs Japan After Nine Years of Indo-Pacific Deployment
The U.S.’s only forward deployed nuclear-powered aircraft carrier, USS Ronald Reagan is returning home after nearly a decade of deployments…
South Korea’s Hyundai Oilbank cuts Seosan crude runs after minor fire
South Korea’s Hyundai Oilbank has made a slight reduction to crude runs at its Seosan refinery site after a minor…
Caspian Pipeline Consortium’s Jan-Apr oil exports up 4%, sources say
Caspian Pipeline Consortium, which exports Kazakhstan’s oil from the Black Sea, increased oil supplies in January-April by 4% from the…
EBRD reveals how sanctions on Russia has impacted its economy
The European Bank for Reconstruction and Development (EBRD) has unveiled surprising growth forecasts for Russia as it examines the impact…