economy

The International Monetary Fund has lowered its outlook for the global economy amid high inflation and downside risks on multiple fronts. According to the

By Lucia Mutikani WASHINGTON, July 30 (Reuters) – The U.S. economy suffered its biggest blow since the Great Depression in the second quarter as the

By Justin Fox (Bloomberg View) — For the first time since early 2014, the dollar value of goods imported and exported by the G20 countries actually grew

by Michael Schuman (Bloomberg) Globalization—that irresistible force that is inevitably, inexorably fueled by large ships—looks to be in retreat.

By Manisha Jha (Bloomberg) — Investors betting that China’s near- insatiable appetite for industrial raw materials will drive global economic growth

By Eric Uhlfelder, Barron’s Cargo shippers are in the tank, thanks to slowing global economic growth and oversupplies of dry-bulk ships, which transport

Image courtesy Maersk By Flemming Emil Hansen, Dow Jones & Co COPENHAGEN—Shipping and oil company A.P. Moller-Maersk A/S warned Wednesday that new

Gulf Offshore Oil and Gas Industry Could Support Over 400,000 Jobs Nationwide by 2013 A new study released today by the National Ocean Industries Association

Over the past day or so, there has been an article going around to different news sources about the hundreds of idle ships off the coast of Singapore as

DP World, a Dubai-government controlled holding company and one of the largest marine terminal operators in the world, awarded a £400m contract yesterday to

In spirit of the 2008 Olympics that kicked off today in Beijing, I came across this interesting article from The Economic Times explaining how this years

The shipping industry is currently the most profitable segment of the market with exploratory driling heading the way. The woldfleet of drillships alone will