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Eurozone Trade Surplus Narrows

The eurozone’s trade surplus with the rest of the world narrowed for the third straight month in July, another warning sign that economic growth may be easing further after a...

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U.S. Producer Prices Unchanged in August

A gauge of U.S. business prices was flat last month, a sign of continued mild inflationary pressures as Federal Reserve officials debate whether to raise short-term interest rates. The producer-price...

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Dry Bulk Market: Capesizes take a hit

Confidence in the Capesize market took a hit today as paper was sold off despite the early strength in Asia. Tub/Qdao was being rumoured at 11.50 and Waussie business was...

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Matson Closes USD 200 Mn Debt Placement

US-based container carrier Matson said it finalized a USD 200 million private debt sale, proceeds from which would be aimed at paying down the company’s revolving credit facility. Proceeds from the debt placement are...

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