NYK, Tsuneishi and Drax Study Biofuel Bioship Design for Bulkers
A new study is getting underway exploring the development of a biomass-fueled bioship, which would be the first of its…
China Tests "Kinmen Model" for Expanding its Maritime Domain
The Chinese government is experimenting with another way to assert its maritime claims in contested areas. By providing useful coast…
After Close Scrutiny, Russian "Ghost Fleet" Ships May Be Changing Tactics
After the attention paid to the sanctioned freighter Sparta IV and other ships in the “Ghost Fleet”, Russia’s covert military…
German final inflation confirmed at 2.4% in April
German inflation inched up in April to 2.4%, the federal statistics office said on Tuesday, confirming preliminary data. German consumer…
US Fed’s Powell expects inflation to fall, though not as confident as before
Federal Reserve Chair Jerome Powell said he expects U.S. inflation to continue declining through 2024 as it did last year,…
China c.bank seen keeping lending rate on hold, yuan constrains easing
China’s central bank is widely expected to leave a key policy rate unchanged when rolling over maturing medium-term loans on…
US producer prices surge in April on strong services, goods
U.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management…
India April wholesale price index rises at fastest pace in a year
India’s wholesale price-based inflation INWPI=ECI rose 1.26% inApril, the highest pace in a year, mainly driven by food and primary…
Delayed Fed cuts could also slow ECB, Wunsch says
The European Central Bank’s first two interest rate cuts are a “no brainer” but slower than expected policy easing in…
India’s coal import rises 8% to 268 MT in FY24
India’s coal import rose by 7.7 per cent to 268.24 million tonne (MT) in FY24 driven by softness in seaborne…