Scales to buy share of two Australian businesses
One of the purchases is a newly established Melbourne-based petfood processing operation. File pic Photo: 123RF The diversified agri-business group Scales Corporation is investing about...
Category : Transportation
How Shipping Is Adapting In
When compared to other major river navigation routes around the world, the St. Lawrence River is a favored waterway. It flows from the mouth of...
Is Diana Shipping Inc (DSX) Stock About to Get Hot Monday?
The market has been down on Diana Shipping Inc (DSX) stock recently. DSX gets a Bearish score from InvestorsObserver Stock Sentiment Indicator. Diana Shipping Inc...
Genco Shipping & Trading (NYSE:GNK) Sets New 52-Week Low Following Analyst Downgrade
Genco Shipping & Trading Limited (NYSE:GNK – Get Rating) shares hit a new 52-week low during mid-day trading on Monday after Jefferies Financial Group lowered...
One Type of Inflation is Caused by Supply Chain Issues (And That is a Good Thing)
Inflation is Broad Based (Graph from Joseph Politano) Economists are beginning to speak of “immaculate disinflation.” This new concept argues that when inflation is caused...
DEI Innovation Lab: Changing industry’s perception is the first step towards a more diverse and equal environment
Following the launch of Maritime Diversity, Equity & Inclusion (DEI) Innovation Lab 2022 , powered by V-Box, we are glad to host an interview with...
Weak demand pull down ocean freight rates: S&P
Container box rates on key global trade lanes continued to retreat over the course of September as persistently weak demand for Asian exports amid easing...
Shipping packages could be very expensive this holiday season
Will you be shipping any packages this holiday season? Watch out: The US Postal Service is raising rates for the holidays starting in October, and...
APPEC EU sanctions, price cap on Russian oil to raise shipping hurdles
A view shows a flare stack at Rosneft’s oil stabilisation facility outside the town of Neftegorsk in the Samara Region, Russia September 6, 2022. REUTERS/Alexander...
Denmark warns on danger of spills from tankers carrying Russian oil
Tankers of Russian oil sailing through the Danish straits will be more likely to crash and spill their cargoes if they transit the shallow treacherous...