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global trade


Wednesday, April 17, 2024
An official slides down a rope during a helicopter raid on MSC Aries ship at sea in this screen grab obtained from a social media video released on April 13, 2024. Video obtained by Reuters/via REUTERS
Shipping

Seized Ship’s Cargo Reveals Impact of Iran Tensions on Global Trade

By Brendan Murray and Alex Tanzi (Bloomberg) — The MSC Aries wasn’t much different from the other 7,000 container ships plying the high seas, until it

April 17, 2024
Total Views: 10046

Tuesday, April 16, 2024
Yangshan Port south of Shanghai, China.
Shipping

IMF Sees Slow and Steady Growth of Global Economy

By David Lawder WASHINGTON, April 16 (Reuters) – The global economy is set for another year of slow but steady growth, the International

April 16, 2024
Total Views: 543

Thursday, March 21, 2024
FILE PHOTO: Ships and shipping containers are pictured at the port of Long Beach in Long Beach, California, U.S., January 30, 2019. REUTERS/Mike Blake/File Photo
Shipping

Global Trade Expected to Rebound in 2024, UNCTAD Reports

Global trade is projected to recover in 2024, bouncing back from a downward trend seen in 2023, according to a new report from the United Nations Conference on

March 21, 2024
Total Views: 679

Monday, March 11, 2024
Ukrainian coast guard patrols the "grain corridor" in the Black Sea. REUTERS/Thomas Peter
Shipping

U.S. Intelligence Report Says Country Faces ‘Increasingly Fragile World Order’

By Patricia Zengerle and Jonathan Landay WASHINGTON, March 11 (Reuters) – U.S. intelligence agencies said on Monday the country faces an

March 11, 2024
Total Views: 2672

Friday, March 8, 2024
yantian port china
Shipping

Global Trade Struggling to Bounce Back from 2023 Slump, WTO Says

By Brendan Murray (Bloomberg) — Global merchandise trade is struggling to accelerate from a slump last year amid signs that growth in the automotive

March 8, 2024
Total Views: 357

Thursday, February 22, 2024
Ismailia,,Egypt,-,November,5,,2017:,Large,Container,Vessel,Ship
Shipping

Unprecedented Shipping Disruptions Reshaping Global Trade, UN Report Warns

The recent attacks on Red Sea shipping coupled with existing geopolitical and climate-related challenges are reshaping global trade routes with the potential

February 22, 2024
Total Views: 2305

Monday, January 29, 2024
File photo of a containership in port
Shipping

WTO Says Trade Growth Estimates Appear ‘Overly Optimistic’

By Philip Blenkinsop BRUSSELS, Jan 29 (Reuters) – The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024

January 29, 2024
Total Views: 1272

Friday, January 26, 2024
UNCTAD Sounds the Alarm Over Unprecedented Disruptions to Global Trade
Shipping

UNCTAD Sounds the Alarm Over Unprecedented Disruptions to Global Trade

The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm over rising disruptions in global trade due to escalating geopolitical

January 26, 2024
Total Views: 1007

Thursday, December 21, 2023
PYXIS PIONEER LPG tanker, registered in Singapore, leaves the Miraflores Locks at the Panama Canal, on the outskirts of Panama City, Panama December 17, 2023. REUTERS/Roberto Cisneros
Shipping

Twin Crises Send Cargo Ships Back to 18th Century Trade Routes

(Bloomberg) — A year that started with smooth sailing for the global economy — vanishing supply snarls, slower inflation and fading pandemic gloom —

December 21, 2023
Total Views: 5474

Monday, December 11, 2023
Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4, 2019. REUTERS/Stringer
Shipping

Global Trade to Drop 5% This Year Amid Geopolitical Headwinds

(Bloomberg) — Global trade will decline in 2023 by about 5% from last year’s record as high borrowing costs weigh on economies, US-China

December 11, 2023
Total Views: 614

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: 2977

Saturday, October 14, 2023
hapag-lloyd containership. photo REUTERS/Fabian Bimmer
Shipping

Hapag Lloyd Expects Three Tough Years For Shipping Industry

BERLIN, Oct 14 (Reuters) – The head of German shipping firm Hapag Lloyd HLAG.DE, Rolf Habben Jansen, expects the next three years to be difficult

October 14, 2023
Total Views: 3022

Wednesday, October 4, 2023
A container terminal at the Port of Saint-Petersburg, Russia. January 9, 2023
Shipping

The 4 Billion Pieces of Paper Keeping Global Trade Afloat

(Bloomberg) — They are relatively easy to fake. Frequently get lost. And can add huge amounts of time to any journey. Yet paper documents still rule

October 4, 2023
Total Views: 1814

Tuesday, September 12, 2023
Flexport CEO Ryan Petersen at Davos
Shipping

Petersen Returns to Revive Flexport Profits, Trade-for-All Goals

(Bloomberg) — Flexport Inc. founder Ryan Petersen said ex-Chief Executive Officer Dave Clark’s ouster means the once high-flying freight technology

September 12, 2023
Total Views: 389

Wednesday, September 6, 2023
FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo
News

Global Trade Finance Gap at Record $2.5 Trillion, Says ADB

(Bloomberg) — The global trade finance gap jumped to a record $2.5 trillion last year, as heightened economic risks left banks’ financing capacity

September 6, 2023
Total Views: 735

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: 1371

Tuesday, August 8, 2023
Tiangin,,China. Photo: ambient_pix / Shutterstock.com
Shipping

China’s Trade Plunges More Than Forecast in Blow to Recovery

(Bloomberg) — China’s trade plunged in July as slowing global demand clouded the outlook for exports, while domestic pressures weighed on imports in a

August 8, 2023
Total Views: 2017

Friday, August 4, 2023
maersk ship
Shipping

Maersk Warns of Slower Demand For Container Shipping

COPENHAGEN, Aug 4 (Reuters) – Shipping group A.P. Moller-Maersk warned on Friday of a steeper decline in global demand for shipping containers by

August 4, 2023
Total Views: 3115

Thursday, August 3, 2023
Aerial shot of big Jebel Ali container port
Shipping

Global Shipping Costs Creep Higher After 16-Month Freefall

(Bloomberg) — Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean-freight costs that

August 3, 2023
Total Views: 805

Friday, July 14, 2023
Tiangin,,China. Photo: ambient_pix / Shutterstock.com
Shipping

China’s Worse-Than-Expected Exports Deal New Blow to Economy

(Bloomberg) — China is facing pressure on trade as foreign shipments drop off and domestic demand remains weak, with a darkening global growth outlook

July 14, 2023
Total Views: 14894
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