Iron ore dips as falling China demand, high shipments weigh
Iron ore futures prices slid on Monday after someinvestors and traders liquidated long positionsto cash in profits on bets of…
How $150m shipping hedge fund has claimed an edge over rivals
Oceanic Hedge Fund has an annualised return of 9.1% since 2002
US political independents drift closer to Republicans’ sour view of economy
U.S. political independents, who typically occupy the center ground in a closely watched monthly survey of overall consumer attitudes about…
Singapore is Ready for Commercial Methanol Bunkering Operations
Singapore reports that it has completed its preparation and is now ready to offer full-scale commercial operations for the bunkering…
Full Reopening of Baltimore’s Ship Channel Delayed
The challenging task of removing the final piece of Baltimore’s Francis Scott Key Bridge will take a bit longer than…
RWE Red Lights 1.6 GW Wind Farm for Germany’s North Sea
German energy company RWE has decided to proceed with a large, two-phase, offshore wind farm project which is part of…
India economy likely grew at weakest pace in a year in Jan-March
India’s economy likely grew at its slowest pace in a year in the January-March quarter due to weak demand, according…
MSC Launches Tender to Acquire Gram Car Carriers for $728 Million
The tender offer for a subsidiary of MSC Mediterranean Shipping Company to acquire Norway’s Gram Car Carriers launched today after…
Washout for UK retailers as rain spurs sharp drop in April sales
British retail sales slid by far more than expected in April as rainy weather kept shoppers away, in more mixed…
Memorial Day Heroes: The Rescue of the WWII Sub USS Squalus
Thanks to World War I and the advent of the submarine, U.S. naval divers mastered how to make and survive…