The news, anew
By: Logan Pierce – SeaPRwire – StableDry Services just folded another local operator into its group. Wolfe Construction of Charlotte joins the portfolio. The move pushes the network into the Carolinas. Local expertise st...
Business
Weaker currency has prompted concern among residents warning of rising living costs, while others stand to benefit from earning in dollars
Business
US sanctions relief unlikely to ease tanker crisis, Kpler says Washington’s reported plans to ease sanctions on shadow fleet tankers may do little to alleviate record freight rates, analytics firm Kpler said. In a post on X, Kpler says that of approximately 160 very large crude carriers (VLCC) sanctioned by the US Office of Foreign Assets Control (OFAC), only 24 could potentially return to mainstream trade after accounting for vessel age and ownership restrictions. "With war risk, rather than…
Business
Saudi Minister of Finance Mohammed Al-Jadaan affirmed that investments by countries such as Saudi Arabia had helped mitigate the impact of the energy shock on the global economy.
