- + Shipping News - Ship Building: China’s run of robust thermal coal imports may ease—One of the standout commodity stories so far this year has been Chinas demand for thermal coal, with the worlds largest importer seeing record shipmen...
- + Shipping News - Ship Building: US diesel exports to Europe hit record high despite lackluster demand—US diesel export loadings to Europe have surged to record highs in July as the trade arbitrage for US diesel to move from the Gulf Coast to Europe rem...
- + Shipping News - Ship Building: US crude exports to Northwest Europe near record high in July—Crude and condensate exports from the US to Northwest Europe are on track to hit a record high in July, according to data from SP Global Commodities a...
- + Shipping News - Ship Building: China may let Shandong independent refiners share Yulong’s crude import quota—Chinas Shandong provincial government could allow independent refineries in the region to share Yulong Petrochemicals crude oil quota for 2024, as the...
- + Shipping News - Ship Building: Croatia’s crude oil imports from Azerbaijan nearly double—In the first half of 2024, Croatia significantly increased its crude oil imports from Azerbaijan, purchasing a total of 587,600 tons worth $375.98 mil...
- + Shipping news - World Economy: US inflation rises moderately, consumer spending cools—U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation e...
- + Shipping news - World Economy: Fed seen on track for September rate cut after good inflation data—Federal Reserve policymakers on Friday got fresh evidence of progress on inflation, fueling expectations they will use the U.S. central banks meeting ...
- + Shipping news - World Economy: China’s Third Plenum Highlights Efforts to Strengthen Fiscal Flexibility—Reforms announced at the Third Plenum of the ruling Communist Party of China signal the government’s focus on greater fiscal flexibility, particularly...
- + Shipping news - World Economy: ECB’s cyber security test shows ‘room for improvement’ for banks—Euro zone banks have room for improvement in their cyber security, starting with how they would keep their business running after a hack, the European...
- + Shipping news - World Economy: China’s rate cuts sequence hints at reduced role for MLF—Chinas latest series of rate cuts show the central banks monetary framework has changed, analysts said, with the short-term repo rate becoming the pri...
- + Shipping news - World Economy: Core inflation in Japan’s capital perks up, demand-driven price growth soft—Core inflation in Japans capital accelerated for a third straight month in July but an index gauging demand-driven price growth slowed, data showed on...
- + Shipping news - World Economy: Italian consumer and manufacturing morale rise in July—Morale amongst Italian manufacturing and consumers rose in July, data showed on Friday, but the overall business confidence index fell for a fourth mo...