Russia and China Plan JV Shipping Line for Year-Round Service on the NSR
Continuing forward with Russian President Vladimir Putin’s imperative to develop the Northern Sea Route as an alternative means of transporting…
Three Drug Suspects Missing After Coast Guard Team Fires on Smuggling Boat
The U.S. Coast Guard has suspended a search for three suspects who went overboard after a boarding team opened fire…
Central Atlantic Environmental Assessment Released Preparing for Wind Sale
The Bureau of Ocean Energy Management (BOEM) continues to move at a fast pace to advance the U.S. offshore wind…
Greenpeace Signs Deal to Build "Cutting Edge" Activist Ship
Greenpeace has signed a contract to build what it says will be a “cutting edge” new green ship to support…
Report: Fincantieri Seeks Share of TKMS to Create Leading Naval Shipbuilder
Italian shipbuilder Fincantieri is reportedly meeting with members of the German government proposing a combination with Thyssen-Krupp Marine Systems (TKMS)…
Three takeaways from yesterday’s ECB meeting
They did it. The European Central Bank cut interest rates by 25bp, bringing the deposit rate down to 3.75%. This…
US weekly jobless claims rise, Q1 labor costs revised lower
The number of Americans filing new claims for unemployment benefits increased last week and unit labor costs rose by less…
UK firms’ wage growth expectations fall sharply, BoE survey shows
British businesses’ expectations for wage growth over the coming year fell sharply last month, according to a Bank of England…
BOJ chief Ueda reaffirms resolve to trim bond buying
Bank of Japan Governor Kazuo Ueda said the central bank should reduce its huge bond purchases as it moves toward…
US trade deficit widens in April
The U.S. trade deficit widened in April as a jump in imports outpaced a slight increase in exports. The trade…