In an interview with CNN, Maersk Group CEO Nils Anderson discusses the ever-changing, and difficult world of global shipping and the newly evolving Chinese import trade which he comments as being, “the most dynamic trade development in the world.”
Mr. Anderson also comments on the 400-meter long, 18,000 TEU Triple-E container ship, the first of which is due in March, as well as the diversification of the group into the oil business, which is their most substantial activity outside of shipping.
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The value of Russia’s crude shipments hit a two-year low in the four weeks to May 25 even as Moscow shrugged off a threat that the G-7 group of nations may tighten the price cap on the country’s exports.
A U.S. trade court ruling that blocked most of President Donald Trump's tariffs and found he had overstepped his authority triggered some relief on financial markets on Thursday, while adding to the uncertainties weighing on the global economy.
The Philippine foreign ministry said on Thursday that China has no right to object to or interfere with its lawful and routine activities in the South China Sea.
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