Post-pandemic inventory hangover hindering US alcohol imports
After a two-year binge that left inventories bloated, demand for imported wine, beer and spirits dried up in 2023.
Oil major bids to build $2.5bn ‘dead cow’ crude pipeline to boost tanker exports
Argentinian producer YPF moving forward with project to ship out Vaca Muerta shale oil
Genco Shipping reveals George Economou share cash-out ahead of proxy vote
Magnate has now sold 52% of his peak holding at $7m profit ahead of key shareholder vote
Klaveness Combination Carriers raises $28m through bond tap issue
Shipowner says transaction was significantly oversubscribed
Navios Partners buys chartered-in bulkers as shipowner sees bumper quarterly profit
Chief executive Angeliki Frangou hails robust first-quarter performance but urges caution
Tankers International sounds alarm over shadow VLCC dry-dockings
Pools operator says safety and environmental questions are being raised by prolonging the life of older vessels
Start of Panama rainy season heralds unwinding of canal disruptions
Weather means water levels will rise and with them transits, analysts say