Ship Recycling Still Looking for Solid Ground

The ship recycling market has remained largely unchanged and lackluster over the past week. In its latest weekly report, a leading cash buyer of ships said that “in India the local market has remained weak this week, continuing the downward momentum that began last...
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UK seafaring community could nearly halve by 2040

A report commissioned by the Maritime Charities Group has found that the number of UK seafarers could fall dramatically by 2040. From more than half a million today, the UK’s seafaring community (defined as active seafarers, former seafarers, and dependent children)...
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Crisis-prone France sinks deeper into debt quagmire

Crisis-prone France sinks deeper into debt quagmire
The collapse of France’s latest government leaves the euro zone’s second-biggest economy lurching deeper into a morass of feeble growth, high borrowing costs and a debt burden becoming one of Europe’s heftiest. Lawmakers’ rejection of Prime Minister Francois Bayrou’s...
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