CMB.Tech takes key step toward Golden Ocean takeover
Agreement follows outline of term sheet reached in April
Cosco backs 30-ship newbuilding order with Chinese leasing firm
Cosco Shipping Bulk is said to be behind a mammoth order for 80,000-dwt newbuildings
Kongsberg Discovery Launches FS80, New Benchmark in Trawl Sonar Technology
Kongsberg Discovery is heralding a new age of efficient, simplified and sustainable pelagic trawling with the commercial launch of the…
Study: Seafarers Report Fatigue, Anxiety and Lack of Access to Medical Care
Work-related fatigue among seafarers has increased, despite efforts to monitor work and rest regulations on ships reports a new study…
Skipper Injured as Sailboat is Caught in Tanker’s Wake Entering Lock
The skipper of a training sailboat operating in Germany was injured when the vessel was caught in the wake of…
Chinese savers decry falling deposit rates but still won’t spend more
After Chinese banks reduced deposit rates last week, Miro Chen launched a social media poll: “When interest rates fall, do…
Lagarde’s euro ‘battle cry’ emphasizes EU cash need
If the euro supplants the dollar as the world’s main reserve currency, Europe might lose some currency competitiveness – but…
Musk criticizes Trump tax bill: can’t be both big and beautiful
Billionaire Elon Musk has criticized President Donald Trump’s “big, beautiful” tax and spending bill, saying it detracts from his efforts…
Global employment forecast downgraded by up to 7 million jobs in 2025 amid rising uncertainty
The International Labour Organization (ILO) has revised its global employment forecast for 2025, projecting the creation of 53 million jobs…
Businesses are finding a workaround for tariffs — and it’s entirely legal
Businesses are finding a workaround to minimize the most significant hit from tariffs, using a decades-old piece of legislation known…