“Going where the work is” has been a familiar mantra for many generations across the world, and the shipping industry is no different. Indeed, much of the world’s oil tanker...
Greece is eyeing the creation by mid-2018 of a state development bank that would lend to small and medium-sized enterprises (SMEs) to aid the recovery from its long economic crisis,...
European Central Bank policy makers aren’t showing much of a rush to start tweaking their monetary policy as they count the days until their summer holidays. The Governing Council is...
China’s producer price gains held up, signaling that demand in the world’s second-largest economy is maintaining pace for now, even in the face of regulatory curbs. Key Points The producer...
UBS Chief Executive Sergio Ermotti believes that the recent state bailout of Italian banks was unavoidable due to new rules on “bail-ins” from European authorities which would have affected retail...
Portugal’s global trade deficit widened almost 32 percent in the three months between March and May as imports jumped 16.5 percent, outpacing an also strong 13 percent rise in exports,...
Dubai-based shipping company Gulf Navigation Holding is targeting revenue growth of 300 percent by 2021 as it eyes doubling of its fleet. Speaking at a press conference on Monday Gulfnav’s...
July and August should be two of the busiest months ever seen for imports at US major retail container ports, possibly setting a new record, the latest Global Port Tracker...
Athens-based shipping firm Diana Shipping has secured charter contracts for three of its dry bulk vessels, the MV Medusa, MV Artemis and MV Thetis. The Kamsarmax Medusa was charter by Geneva-based Cargill...
In what can only be seen as a worrying sign of things to come, shipbroker Gibson reports that VLCC orders this year have more than tripled, compared to those of...
2016 marked a substantial drop in bank ship lending. The fall by US$42.5bn is mainly attributed to the removal of Commerzbank and Royal Bank of Scotland, the lower bank portfolios...
Supramax Index Weekly Support –7,412 6,934, 6,680, 5,769 Resistance – 8,950, 9,794, 10,034 The 200 period moving average at USD 8,271 is currently acting as a resistance within the technical...