India’s May infrastructure output rises 6.3% y/y
India’s infrastructure output in May rose 6.3% year-on-year, compared with a revised upward growth of 6.7% in April, government data…
Fed’s Daly: ‘good news’ inflation data adds to evidence policy is ‘tight enough’
San Francisco Federal Reserve Bank President Mary Daly on Friday said she believes inflation is gradually cooling, saying the latest…
Japan’s manufacturing activity firms as inflation accelerates
Tokyo consumer prices rose mainly due to utility fee hikes in June Tokyo’s consumer inflation data, a leading indicator of…
German unemployment rises more than expected in June, labour office says
The number of people out of work in Germany rose more than expected in June, showing how economic weakness is…
ECB issues banking licence to snappi, Greek digital bank
The European Central Bank has issued a universal banking licence to snappi, a Greek digital bank and joint venture of…
Global economic leaders bullish on Chinese economy
China has great long-term economic opportunities and its economy will have a bright future with investment opportunities in many different…
Canadian Iron Ore Exports on the Rise
Canadian iron ore exports to China and the EU have been rising. In its latest weekly report, shipbroker Banchero Costa…
VLCC Dirty tonne days
This week’s data highlights a declining trend in VLCC tonne days growth (left chart), coinciding with weakening AG-China freight market…
Solving shipping’s challenges through trust in technology
When it comes to regulations that protect the marine environment, things are only heading in one direction: towards more stringent…
Pyxis Tankers Announces Closing of Modern Dry Bulk Vessel Joint Venture
Pyxis Tankers Inc., an international shipping company, announced today that it has closed its previously announced dry bulk vessel joint…