Hong Kong chief executive Carrie Lam outlines raft of incentives for the maritime sector

Hong Kong chief executive Carrie Lam announced a raft of incentives and measures for the maritime and shipping...

OPEC Chief Sees Oil Producers Closer to Re-Balancing Market

Oil-producing nations are moving closer toward ending a global glut and re-balancing the crude market, and OPEC will decide next month whether to extend its cuts in output beyond June, the group’s Secretary-General Mohammad Barkindo said.

Daewoo Shipbuilding chief confident of turnaround in Q1

Troubled Daewoo Shipbuilding & Marine Engineering Co. is surely to have logged a profit in the first quarter of the year, and will also report good business results during the remainder of the year

IMF chief Lagarde says ‘halfway’ there on Greek bailout talks

International Monetary Fund chief Christine Lagarde on Wednesday said Greece was heading in the right direction on reforms but talks on its bailout and the IMF’s potential role in it were “only halfway through”.

Eximbank chief vows to support shipbuilders, shipping firms

South Korea’s state-run Export-Import Bank of Korea said Tuesday it will financially support debt-ridden local shipbuilding and shipping firms.

BIS Chief Economist Says Global Economy Still Struggling to Find Its Footing

Trouble spots linger in global financial markets despite a period of relative calm as tensions emerged in China and other developing economies, according to the Bank for International Settlements latest quarterly review released Monday.

BIS Chief Economist Says Global Economy Still Struggling to Find Its Footing

Trouble spots linger in global financial markets despite a period of relative calm as tensions emerged in China and other developing economies, according to the Bank for International Settlements latest quarterly review released Monday.