Greek family Vernicos enter bulker market with new shipowning vehicle
Athens-based company makes its first move with the acquisition of Clipper Group handysize ship
Biggest Hybrid Conversion Will Make Two Scandlines RoRos Plug-in Ferries
The biggest conversion project of conventional RoRo ferries into plug-in hybrid ferries will get underway in the second half of…
U.S. Navy Christens its Last Independence-Class Littoral Combat Ship
The U.S. Navy has christened the final Independence-class littoral combat ship, USS Pierre (LCS-38), bringing the controversial program one step…
Mexico economy grows slightly more than expected in Q1
Mexico posted slightly better-than-expected economic growth in the first quarter of 2024 compared with the previous three-month period, national statistics…
The eurozone’s economic recovery gains momentum
The eurozone’s composite PMI increased from 51.7 to 52.3, led by a jump in the manufacturing output PMI. With inflation…
US weekly jobless claims fall as labor market remains solid
The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor…
BOJ’s Ueda sticks to economic recovery view, keeps alive rate hike chance
Bank of Japan Governor Kazuo Ueda said on Thursday the economy was on track for a moderate recovery, suggesting a…
Stubborn eurozone wage growth provides hawkish signs for ECB
Negotiated wage growth in the eurozone ticked back up in the first quarter from 4.5% to 4.7% year-on-year. This boosts…
Recovery continues in Europe: less room for ECB cuts after June?
Business activity expansion in the eurozone showed by HCOB’s preliminary Purchasing Managers’ Index (PMI) in May has boosted hopes of…
German producer prices fall more than expected in April
German producer prices fell more than expected in April due mainly to lower energy prices, the federal statistics office reported…