India’s Shipyards Attract European Orders as They Seek Global Role
As demand for global shipyard capacity rises, the Indian shipbuilding industry is seeking to attract more work from European shipowners.…
August Offshore Wind Lease Sale Scheduled for Two Central Atlantic Areas
The Department of the Interior announced today it would hold an offshore wind energy lease sale in the Central Atlantic.…
Germany is Discussing Financial Bailout for Meyer Werft
The shipyard group Meyer Werft is reportedly facing a growing financial crisis that is going to require refinancing of the…
U.S. Launches “Coordinated Review” of Troubled Gaza Pier and Aid Mission
The Inspectors General from the U.S. Department of Defense and the U.S. Agency for International Development confirmed that they are…
Colonial allocates Cycle 39 shipments on distillate Line 20
Colonial Pipeline Co. is allocating space for Cycle 39 shipments on Line 20, which carries distillates from Atlanta to Nashville,…
EU delays announcement of measures on Chinese biodiesel imports
The European Commission has changed the date for pre-disclosure of potential provisional duties on imports of Chinese biodiesel to July…
ECB wants countries to raise, not cut bank capital buffers
Euro zone countries should not cut bank capital buffers and some should even increase them given record profits in the…
UK economy picks up in early 2024, too late for election boost
Britain’s economy pulled out of recession at a faster pace than previously thought in the first three months of this…
Fed’s Barkin: consumer demand solid, but not frothy
U.S. consumer demand is still solid although households are beginning to get more sensitive to prices, Richmond Fed President Thomas…
Zim adds new premium trans-Pacific service to West Coast amid rate surge
The carrier next week will roll out a premium express service from central China to complement the South China express…