Australia Bans Bulker for Failing to Properly Disclose Engine Problems
The issue of when shipowners became aware of problems with a vessel’s machinery and the steps they took to disclose…
Auto shippers tuned up to navigate new supply chain roadblocks: S&P
The March collapse of the Francis Scott Key Bridge in Baltimore piled on yet another layer of disruption, while the…
Iran to import no wheat until March 2025, ministry official says
Iran will not import any wheat until March 2025 as it will rely on domestic production, the Iranian Student News…
NY Fed’s Perli offers guideposts to measure market liquidity levels
The official responsible for implementing Federal Reserve monetary policy said in a speech on Wednesday that the recent announcement to…
War upends Ukraine’s economy in a shift that may be permanent
Within days of Russian forces invading Ukraine in early 2022, architect Oleh Drozdov made up his mind: he would move…
Bank of England moves closer to first rate cut since 2020
The Bank of England took another step towards lowering interest rates, as a second official backed a cut and Governor…
China’s exports to Russia fall again in April
China’s yuan-denominated exports to Russia fell again in April from a year earlier, customs data showed on Thursday, possibly hurt…
China’s April new yuan loans seen falling, policy support in place
China’s new yuan loans likely dropped sharply in April from March due mainly to seasonal factors, a Reuters poll showed,…
Wan Hai swings to profit in Q1 on rising rates, revenues
Container spot rates on the key markets Wan Hai serves, including Asia–North America, intra-Asia and Asia–Latin America, have been steadily…
MSC-controlled Log-In shipping arms fire on all cylinders with best first-quarter revenue ever
But rising costs eat away at profit for Brazilian container ship and terminal operator