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Euro zone inflation miss supports case for ECB caution

Euro zone inflation undershot expectations in September, Eurostat data showed on Friday, highlighting that price growth remained week and supporting the European Central Bank’s case for only gradual removal of stimulus. Inflation in...

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Rolls-Royce to Equip Ice Class Superyacht

UK-based engineering company Rolls-Royce has won a contract to provide the propulsion and power electric systems for a new ice classified superyacht. The 70-meter-long superyacht, King Shark, is being built...

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Pan Ocean Buying Two Tankers

South Korean dry bulk shipping company Pan Ocean has reached an agreement to purchase two tankers from its subsidiary, Pan Ocean Singapore Bulk Carrier. The vessels in question would be acquired...

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Trump Waives Jones Act for Puerto Rico

The Trump Administration has finally decided to waive the Jones Act for the hurricane-ravaged Puerto Rico. The move came on the back of fierce criticism from the public saying that...

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