Due to stricter environmental restrictions and rising demand from European nations looking to replace their reliance on Russian gas imports, the price of used liquefied natural gas (LNG) carriers is rising rapidly and is now almost on close to the price of new LNG...

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According to an account released on Thursday, ECB policymakers acknowledged at their most recent meeting that to get inflation back on target, the ECB may need to keep hiking interest rates beyond this month. The ECB raised its interest rates to their highest level in...

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After declining in March, industrial production increased by 0.2% in May, marking the second consecutive month of slight growth. Overall, this leaves the level of activity well below the average for where it was in 2022, in line with a weakening global growth...

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To extend the Black Sea grain deal past July 17, UN Secretary-General Antonio Guterres contacted Russia earlier this week and suggested ways to facilitate Russia’s exports of food and fertilizer. “As part of his ongoing efforts in this regard, the...

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According to research by New Transport & Environment (T&E), last year saw a 3% increase in European shipping emissions as the industry moved closer to pre-pandemic levels. Cruise ship emissions were well up on the year before while a high number of vessels...

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