Allianz: Shipping Losses Continue Decline Hitting All-Time Yearly Low
The global shipping industry is recording a continuing decline in large vessel losses despite the sector facing growing risks. Global…
Boluda Advances Consolidation Buying UK’s Largest Independent Tug Company
Continuing its efforts to consolidate the towing business and broaden its global network, Spain’s Boluda Towage has signed an agreement…
Baltic index logs weekly dip as capesize rates decline this week
The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, posted a weekly decline on…
Rates Spark: ECB rate cuts pricing more in balance
ECB rates pricing in between two and three cuts for 2024 Rates started out higher in yesterday’s session, in part…
UK election: Five reasons why markets seem relaxed
Markets have barely reacted to the election announcement UK Prime Minister Rishi Sunak has caught the country by surprise and…
Nigeria’s economy grew 2.98% y/y in first quarter
Nigeria’s economy grew 2.98% in the first quarter of this year, official data showed on Friday, quicker than the same…
Houthi Claim Long-Range Attacks Including LPG Carrier in the Mediterranean
The Houthi claimed specific long-range attacks on Friday during their weekly rallies after weeks of threatening to expand their range…
Belgium Bans Exports of “Dirty Fuels” to West Africa
The Port of Antwerp will no longer be used by oil companies and traders to export so-called dirty fuels to…