China Exports Drop More Than Expected, Fueling Growth Risks
(Bloomberg) — Chinese exports fell for the first time in three months in May, adding to risks in the world’s second-largest economy as global demand
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(Bloomberg) — Chinese exports fell for the first time in three months in May, adding to risks in the world’s second-largest economy as global demand
By Julian Lee (Bloomberg) — Russian crude oil flows to international markets continue unabated, with no substantive sign of the output cuts that
The U.S. Transportation Command (USTRANSCOM) has officially taken on a new role as the sole manager for the management and delivery of all bulk fuel supplies
FRANKFURT, June 6 (Reuters) – Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of
LONDON, June 6 (Reuters) – The United Arab Emirates is tightening insurance requirements for vessels registered under its flag, according to a
The Panama Canal Authority (ACP) is closely monitoring the development of climatic events that could impact water availability in the region and shipping
By Laura Curtis and Jordan Fabian (Bloomberg) — Intermittent disruptions at several key US West Coast ports are set to stretch into their fifth day
One of the maritime industry’s most highly-anticipated trade shows, Nor-Shipping 2023, officially kicked off Monday with a series of high-profile events
By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES, June 5 (Reuters) – Groups representing major retailers and manufacturers urged the White
Ocean Network Express (ONE) has announced the successful delivery of their first-ever 24,000-TEU class “Megamax” vessel. The vessel, named ONE
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA, June 4 (Reuters) – Saudi Arabia will make a deep cut to its output in July on top of a
Swiss marine power company WinGD and Japanese shipbuilder Mitsubishi Shipbuilding have signed a memorandum of understanding for a partnership on ammonia-fueled
SINGAPORE, June 5 (Reuters) – Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more
U.S. and UK forces came to the aid of a merchant ship being harassed by Iranian fast-attack boats in Strait of Hormuz on Sunday. The incident highlights the
CAIRO, June 4 (Reuters) – An oil tanker that suffered engine failure in Egypt’s Suez Canal, briefly disrupting traffic in the vital waterway,
ATHENS, June 3 (Reuters) – Police in northern Greece have seized dozens of packages of cocaine stashed in containers laden with bananas that
By Stephanie Baker (Bloomberg) –The US Treasury removed an abandoned $120 million Russian superyacht from its sanctions list, clearing the way for
By Laura Curtis, Ruth Liao and Michael D McDonald (Bloomberg) –Federal Reserve Chair Jerome Powell keeps careful track of employment levels,
MOSCOW, June 2 (Reuters) – Russia’s Black Sea port of Taman is poised to suspend exports of highly-explosive liquefied petroleum gas
The International Longshore Workers’ Union’s local union in Southern California has issued a statement today slamming the actions of foreign ocean
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