Top India Bank Drags Its Feet on Billionaire Adani Coal Loan
India’s largest bank hasn’t decided whether to help finance an Australian coal mine following mounting pressure from climate activists and investors, including BlackRock Inc.
100 Days of Brexit: Was It as Bad as ‘Project Fear’ Warned?
The warnings were stark. A vote to leave the European Union, the British government said, would trigger an immediate recession, a painful fall in house…
Rusal Sees Record U.S. Aluminum Shipments Ahead on Buying Frenzy
United Co. Rusal booked a record month for both U.S. and North American shipments in March, and the region’s top executive doesn’t expect the pace…
China’s Record Surge of Defaults Driven by Property Developers
Property developers are propelling a record wave of China corporate bond defaults this year, as Beijing moves to clamp down on borrowing in the debt-laded…
Ocean-Shipping Demand Staying ‘Very Strong,’ Hapag CEO Says
Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling…
CMA CGM JACQUES SAADE sets a new world record of full containers onboard
• A new world record: 21,433 full containers (twenty-foot equivalent units) aboard the CMA CGM JACQUES SAADE when she departed Singapore. • CMA CGM JACQUES…
CMA CGM FAK rates - From North Europe to East Africa for May 1st
The new applicable CMA CGM Freight All Kinds (FAK) rates follows as from May 1st, 2021 (date of loading in the origin ports) until further…
Volvo Group and SSAB to collaborate on the world’s first vehicles of fossil-free steel
Volvo Group and SSAB have signed a collaboration agreement on research, development, serial production and commercialization of the world’s first vehicles to be made of…
KR launches online EEXI/CII calculation program
The Korean Register (KR) has developed a web-based EEXI/CII calculation program to help shipping companies comply with the Energy Efficiency Index (EEXI) and Carbon Intensity…
Damen delivers new LUV 1908 aquaculture support vessel to Organic Sea Harvest
Damen Shipyards has delivered the first of its new aquaculture support vessels. The Landing Utility Vessel (LUV) 1908 is a larger version of the LUV…
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