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Ships’ demolition market picks up pace

With oversupply a decisive factor in determining freight rates, the demolition market for older vessels is proving to be a major factor towards the future prospects of the shipping industry....

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China’s economy gradually stabilizing: economist

Supported by supply-side structural reform and positive changes in economic dynamics, China’s economy is heading toward stabilization, a Chinese economist said. Despite headwinds at home and abroad, China’s economic growth...

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U.K. Industrial Output Falls Unexpectedly

British industrial and manufacturing output declined unexpectedly in October, figures from the Office for National Statistics showed Wednesday. Industrial production declined 1.3 percent from September, confounding expectations for an increase...

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