Vesconite Bearings Delivers Largest Order to Netherlands Customer
In May, Vesconite Bearings, a global leader in bearing and wear solutions, delivered its largest rudder bearing order to a…
Taiwan April export orders grow at fastest pace in 2 years
Taiwan’s export orders rose more than expected and at the quickest pace in two years in April, with the government…
Hong Kong’s Feb-April unemployment holds steady at 3%
Hong Kong’s seasonally adjusted unemployment rate stood at 3% in February-April,unchanged from the previous three-month period, with sectors mostly showing…
China’s fiscal revenue falls 2.7% in January-April
China’s fiscal revenue shrank 2.7%in the first four months of 2024 from a year earlier, wideninga 2.3% slide in the…
Kenya’s economic growth accelerates to 5.6% in 2023
Kenya’s economy grew by 5.6% in 2023 from a revised 4.9% in the previous year, the head of the statistics…
Sri Lanka’s new economic law to be presented to parliament this week
Sri Lanka’s new economic transformation law will be presented to parliament this week and will include measures to attract investors…
Bank of England’s Broadbent says rate cut ‘possible’ this summer
Bank of England Deputy Governor Ben Broadbent, who steps down at the end of nextmonth, said on Monday it was…
China May Start Detaining Philippine Nationals in Philippine Waters
The Chinese government is taking a step up with its attempt to control the western Philippine exclusive economic zone (EEZ).…
Chinese Ship Owners Take The Lead over Greeks in Newbuilding Volume Orders
While Greek newbuilding orders are still among the highest, Chinese owners appear to be taking the lead when it comes…
Why using unverified anti snap-back solutions can be a serious threat to safety in mooring operations
Mooring operations are one of the most dangerous operational activities that ship and shore personnel must carry out on a…