Changes in Container Shipping as MSC Expands Lead to 20% Share
With a growing orderbook that is already at record levels and an overheated charter and secondhand market, the container shipping…
India increases reliance on Russia, US for crude oil, ditches Middle-East suppliers
India’s import of crude oil from Russia rose to around 2 million barrels per day (bpd) in June, while falling…
Russian gas exports to Europe via TurkStream drop in June on planned outage
Russian gas supplies via the TurkStream pipeline to southeast Europe fell to an average of 37 million cu m/d in…
Service sector slowdown adds to worries on US growth prospects
Softening data intensifies downturn fears Today’s data has offered more evidence of a cooling economy and softening jobs market. Initial…
ECB must not rush into next rate cut, Vasle says
A host of risks could still derail euro zone disinflation, so the European Central Bank should not rush into its…
Russia says it is ready to supply gas to Europe via Ukraine after 2024, state media reports
Russia is ready to continue gas supplies to Europe via Ukraine after the current transit agreement expires at the end…