Brexit has already damaged businesses even before Prime Minister Theresa May triggers the start of Britain’s withdrawal from the European Union, according to a survey of the country’s largest companies....
Sterling’s sharp fall against the U.S. dollar and euro since June’s Brexit vote has so far hurt almost as many exporters as it has aided, the British Chambers of Commerce...
In January 2017, the Panama Canal set a new monthly tonnage record of 36.1 million Panama Canal tons (PC/UMS), with the transit of 1,260 ships through both the expanded and...
Damen Shiprepair & Conversion (DSC) has taken over the management of the Curaçao Droogdok Maatschappij (CDM) as of February 1st, 2017, some five months after Damen Shipyards Group and the government...
Germany-based shipping company Offen Claus-Peter has sold two medium-range 2 (MR2) chemical/product tankers to an undisclosed buyer, according to information provided by VesselsValue. The two ships, CPO Japan and CPO...
NYSE-listed dry bulk owner and operator Scorpio Bulkers has managed to cut its net loss to USD 20.6 million in the fourth quarter of 2016 ended December 31, compared with...
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Commodore Research’s global research has continued to examine how major economies outside of China have recently been following the turnaround in China (which has been underway since early 2016). One...
Once upon a time, before the Chinese economic boom captured so much of the attention of the world of shipping, the US was a more important demand source for seaborne...
The Dodd–Frank Wall Street Reform and Consumer Protection Act, named for former Democratic lawmakers Senator Chris Dodd and Representative Barney Frank, was signed by former President Barack Obama in 2010...
U.K. Prime Minister Theresa May told fellow European leaders they must be patient and constructive with Donald Trump after they said they don’t need her as a go-between in their...
Wall Street’s top banks expect just two rate hikes from the Federal Reserve this year and see only modest risk to the U.S. central bank being pressed into a more...