UNCTAD: A positive start, a dismal outlook for Global Trade in 2023
According to the latest UNCTAD Global Trade Update report, in the first quarter of 2023 the growth of international trade... Continue Reading
Global Economy: Trade is weak showing that China is in trouble.
New trade data from China suggests that the world’s second-largest economy is struggling to recover. In May, there were signs... Continue Reading
The shipping industry is facing an unprecedented drop in long-term rates.
During the month of May, the shipping industry experienced a 27.5% drop in global freight rates, according to the Xeneta... Continue Reading
The International Chamber of Shipping urges governments to set the course for a future Net Zero
The International Chamber of Shipping (ICS), representing the global shipping industry, urges governments of the UN International Maritime Organization (IMO)... Continue Reading
China’s imports plummet, export growth slows as recovery fades.
As Chinese imports plummeted to a large extent, 7.9% when 0.2% was forecast, raising concerns about the country’s ability to... Continue Reading
Crowley will launch a new maritime-rail service that will connect Mexico, the western United States and Canada
Crowley, a maritime logistics transport company located in the United States, has just presented a new integrated maritime and rail... Continue Reading
Soft Demand Pushes Ocean Spot Rates to ‘Lowest Sustainable Level’
According to the latest report from “Maritime Strategies International” (MSI), the declining rates will continue as before, this due to... Continue Reading
Marine data market consolidation continues as Vason launches offer to VesselsValue.
Veson Nautica, a cargo management solution provider, has announced its intention to acquire expert vessel assessment company VesselsValue, a sign... Continue Reading
Positive Sentiment Keeps Container Shipping’s Charter Market Afloat
Upbeat demand forecasts and the prospect of a better peak season this year are fueling a rebound in the containership... Continue Reading
China Says It Plans Naval Exercises with Russia, South Africa
China said it will hold naval exercises with Russia and South Africa in the month of February to protect maritime... Continue Reading