Countries must urgently address policies that are driving the continued expansion of steel excess capacity to prevent further erosion of market stability and fair competition in the steel industry, according to a new OECD report. The OECD Steel Outlook 2025 shows that...

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The International Labour Organization (ILO) has revised its global employment forecast for 2025, projecting the creation of 53 million jobs instead of the previously estimated 60 million. This translates into a reduction in global employment growth from 1.7 per cent...

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After Chinese banks reduced deposit rates last week, Miro Chen launched a social media poll: “When interest rates fall, do you save or spend?” More than 80% of some 5,000 responses chose saving, underlining the challenge for policymakers seeking to shore up demand and...

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Kaiko Systems has announced the launch of a new product to provide an efficient and more streamlined process for charterers and crews to ensure cargo holds are prepared effectively for loading. The new product “Kaiko CharterReady” analyses inspection data to...

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In a decisive milestone for maritime decarbonisation, BAR Technologies has secured Bureau Veritas’ Type Approval Design Certificate (TADC) for its cutting-edge 37.5m WindWings, a globally deployable wind propulsion system now validated for scalable fleet integration....

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The ship recycling markets are entering a transitionary stage. In its latest weekly report, Best Oasis, a leading cash buyer of ships said that “as the clock ticks down to the enforcement of the Hong Kong Convention, the global ship recycling market stands at a...

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