Flag Ship Acquisition announces $400M Bluechip business combination
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What Comes Next, Now that the 10-Year Treasury Yield Has Crossed 5%?
The key borrowing benchmark is either bumping along a post-financial crisis high, or stepping into a new era of higher rates.
Japanese-built Dry Bulkers Still in High Demand
Buying interest remains high for both newbuilt and second-hand Japanese bulkers. However, all ships aren’t equal. In its latest weekly report, shipbroker Xclusiv said that “Japan’s dry bulk…
LNG bunker price rally amplifies freight gains for LNG-fuelled clean tankers
Rising LNG bunker prices pushed LNG-fueled clean tanker freight rates above conventional rates Sept. 7-11, highlighting the bunker-price sensitivity that alternative-fueled ships face.
U.S. Oil Inventories Jump as Cushing Stocks Keep Falling
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by a very large 7.14 million barrels in the week ending September 11.
- U.S. crude oil inventories rose by 7.14 million barrels in the week ending September 11
- Commercial crude oil inventories fell over 41 million barrels in the past 22 weeks
- Strategic Petroleum Reserve held 285 million barrels as of September 11
SpaceX or Tesla: Which Elon Musk Stock Should Investors Buy?
Key PointsTesla is evolving from a focus on EV manufacturing into an AI platform, while SpaceX is building an infrastructure ecosystem around orbit.
PenCom extends pension verification to December
The National Pension Commission has extended the deadline for the mandatory online verification and enrolment of Federal Government workers to December 31, 2026, after 118,901 eligible employees…