Vessels Value signals warning on tanker market
After a positive autumn and winter, recent events have resulted in an increasingly pessimistic short term outlook for the Tanker market. In short, factors contributing…
CMA CGM update on Ghana Imports Local Port Charges
Further to the significant increase of operational costs in Ghana, CMA CGM informs of the implementation of Local Port Charges as follows effective February 15th,…
Embattled Cathay Pacific to Slash 90% of Mainland China Flights
Cathay Pacific Airways Ltd. plans to cut about 90% of its flights into mainland China and reduce operations across its entire network over the next…
The world’s most expensive railway is in a hole
HS2 isn’t necessarily a terrible idea, but it’s been badly run, is wildly overpriced and is too skewed toward the wealthy south of England.
U.A.E. business growth halts for first time since 2009
Business conditions in the United Arab Emirates worsened for the first time since 2009, ending a decade of expansion after a debt crisis brought Dubai…
The race is on for iron ore riches buried under an African jungle
Big names including billionaire Robert Friedland and ex-Xstrata CEO Mick Davis are circling Guinea’s iron ore deposits.
Trump administration clears way for new currency tariffs
The Trump administration is going ahead with controversial new rules that would clear the way for the U.S. to start applying punitive tariffs on goods…
Asia faces rate-cut pressure to curb fallout from virus
Central banks in Asia face increasing calls to cut interest rates as they jump into action against a spiraling coronavirus crisis that’s hammering tourism, travel…
OPEC+ officials meet for urgent check of virus threat to oil
OPEC and its allies are gathering for an urgent assessment of how Asia’s coronavirus may hurt oil demand, and what measures they could take in…
FAA to begin certification process for civilian drones in U.S.
Government regulators plan to review drone designs in the same way they review other aircraft, a major step toward allowing routine drone deliveries and other…
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