How Classification is Evolving to Support Innovation and Sustainability
The maritime sector is evolving as artificial intelligence (AI) and digitalization redefine operational standards. This shift offers unprecedented opportunities to…
Russia’s refined oil product exports to Singapore to hit highest this year in May, traders say
Russia’s exports of naphtha to Singapore are on track to rise to their highest level this year in May as…
Russian wheat export prices keep rising as May frosts hit crops
Russian wheat export prices rose last week as the current crop was hit by unseasonal May frosts. The price of…
Energy efficiency measures can save $460m per year in LNG imports: Study
Greater efficiency in gas-fired captive power generation and productive use of waste heat can help reduce the import of LNG…
Middle East diesel exports to Europe rise to 10-month high as Russia mostly stays away
Middle East diesel exports to Europe rose to a 10-month high in April with Russian product mostly heading to Turkey,…
The case for forever high interest rates
If financial markets are right, interest rates won’t just stay high this year, but possibly forever. The return of inflation…
China: Stabilizing economy augurs well for global growth
China’s economy is showing fresh signs of stabilization with a solid first-quarter performance this year, laying a strong foundation for…
Fed to cut rates in September, say nearly two-thirds of economists
The U.S. Federal Reserve will cut its key interest rate twice this year, starting in September, according to a stronger…
BC port foreman contract talks stall as government delays rail strike threat
Maritime employers along Canada’s West Coast have filed a complaint asking the federal government to further intervene in stalled talks…
ILA, local ports wrapping up contracts, setting up coastwide talks
The International Longshoremen’s Association and its maritime employers are highlighting amicable outcomes to previous contract talks as they get ready…