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economy


Friday, November 3, 2023
Close in photo of Maersk ship loaded with containers
Shipping

Maersk Slumps After Forecasting Weak Global Trade Until 2026

(Bloomberg) — A.P. Moller-Maersk A/S, a bellwether for global trade, fell after saying it’s cutting at least 10,000 jobs to shield its profitability in

November 3, 2023
Total Views: 2817

Thursday, September 21, 2023
FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS
Shipping

Fall in Korean Exports Moderates in Hopeful Sign for Economy

(Bloomberg) — South Korea’s trade data indicated the trend toward declining exports moderated further in the first part of September, raising hopes for

September 21, 2023
Total Views: 363

Thursday, September 7, 2023
Tiangin,,China. Photo: ambient_pix / Shutterstock.com
Shipping

China’s Export Slump Eases as Economy Searches for Stability

(Bloomberg) — China’s trade slump eased in August, adding to early signals the worst may be over for some parts of the world’s second-largest economy

September 7, 2023
Total Views: 790

Friday, August 11, 2023
containership viewed from ship's bridge singapore
News

Hard Landing for Trade Roils World Export Champs

(Bloomberg) — As economists gauge the likelihood of recessions in major economies around the world, a slew of recent data show that a downturn is already

August 11, 2023
Total Views: 1369

Monday, June 12, 2023
port of los angeles-long beach. photo REUTERS/Lucy Nicholson
Shipping

Charting the Global Economy: Weak Trade Shows China Struggling

By Vince Golle and Molly Smith (Bloomberg) — Fresh trade data out of China added to evidence that the world’s second-largest economy is struggling for

June 12, 2023
Total Views: 1859

Wednesday, June 7, 2023
Tiangin,,China. Photo: ambient_pix / Shutterstock.com
Shipping

China Exports Drop More Than Expected, Fueling Growth Risks

(Bloomberg) — Chinese exports fell for the first time in three months in May, adding to risks in the world’s second-largest economy as global demand

June 7, 2023
Total Views: 1100

Thursday, May 25, 2023
Opinion: Global Freight Cycle May Have Hit Bottom
Shipping

Opinion: Global Freight Cycle May Have Hit Bottom

LONDON, May 25 (Reuters) – Global freight volumes show signs of having bottomed out in the first quarter, signalling the industrial cycle may

May 25, 2023
Total Views: 2404

Wednesday, May 17, 2023
Stacked containers and cranes are shown at the Port of Los Angeles in Los Angeles, California, U.S. November 22, 2021. REUTERS/Mike Blake
Shipping

US Supply Chain Woes Shift and Persist in 2023

CHICAGO, May 17 (Reuters) – The U.S. supply chain is healing from early pandemic shocks that sent shipping costs sky rocketing and squeezed supplies

May 17, 2023
Total Views: 1957

Tuesday, May 9, 2023
China Imports Plunge, Export Growth Slows as Recovery Wanes
Shipping

China Imports Plunge, Export Growth Slows as Recovery Wanes

(Bloomberg) — Chinese imports plunged and export growth slowed in April as the recovery waned, raising concerns about the country’s ability to boost

May 9, 2023
Total Views: 1641

Monday, March 27, 2023
ningbo port congestion
Shipping

World Bank Warns of ‘Lost Decade’ in Global Growth 

By Andrea Shalal WASHINGTON, March 27 (Reuters) – Average potential global economic growth will slump to a three-decade low of 2.2% per year

March 27, 2023
Total Views: 1463

Tuesday, October 11, 2022
ningbo port congestion
Shipping

IMF Lowers Outlook for Global Economy

The International Monetary Fund has lowered its outlook for the global economy amid high inflation and downside risks on multiple fronts. According to the

October 11, 2022
Total Views: 1007

Thursday, July 30, 2020
port of los angeles
Maritime News

U.S. Economy Crushed by COVID-19 in Second Quarter

By Lucia Mutikani WASHINGTON, July 30 (Reuters) – The U.S. economy suffered its biggest blow since the Great Depression in the second quarter as the

July 30, 2020
Total Views: 38

Wednesday, September 7, 2016
shipping containers stacked
News

Globalization of the World Economy Hits a Wall

By Justin Fox (Bloomberg View) — For the first time since early 2014, the dollar value of goods imported and exported by the G20 countries actually grew

September 7, 2016
Total Views: 29

Sunday, July 17, 2016
Globalization Trade Map
News

Brexit Won’t Stop Globalization (or shipping)

by Michael Schuman (Bloomberg) Globalization—that irresistible force that is inevitably, inexorably fueled by large ships—looks to be in retreat.

July 17, 2016
Total Views: 63

Thursday, December 10, 2015
Does Shipping Tell the Real Story of China? You Should Hope Not
Interesting

Does Shipping Tell the Real Story of China? You Should Hope Not

By Manisha Jha (Bloomberg) — Investors betting that China’s near- insatiable appetite for industrial raw materials will drive global economic growth

December 10, 2015
Total Views: 6

Saturday, October 15, 2011
container ship containership storm
News

Global Container Ship Market Weathers the Economic Storm

By Eric Uhlfelder, Barron’s Cargo shippers are in the tank, thanks to slowing global economic growth and oversupplies of dry-bulk ships, which transport

October 15, 2011
Total Views: 56

Wednesday, August 17, 2011
Elly Maersk Line shipping containership
News

MAERSK: Deteriorating global economy putting pressure on shipping industry

Image courtesy Maersk By Flemming Emil Hansen, Dow Jones & Co COPENHAGEN—Shipping and oil company A.P. Moller-Maersk A/S warned Wednesday that new

August 17, 2011
Total Views: 26

Monday, July 11, 2011
New Study Bodes Well For Gulf Oil and Gas Industry
Offshore

New Study Bodes Well For Gulf Oil and Gas Industry

Gulf Offshore Oil and Gas Industry Could Support Over 400,000 Jobs Nationwide by 2013 A new study released today by the National Ocean Industries Association

July 11, 2011
Total Views: 10

Thursday, May 14, 2009
Photo

Idle Ships Off Singapore Coast

Over the past day or so, there has been an article going around to different news sources about the hundreds of idle ships off the coast of Singapore as

May 14, 2009
Total Views: 86

Thursday, August 21, 2008
Ports

London Gateway Project

DP World, a Dubai-government controlled holding company and one of the largest marine terminal operators in the world, awarded a £400m contract yesterday to

August 21, 2008
Total Views: 14
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