Monday, November 9, 2020
cargo containers
Maritime News

Container Crunch Roiling Transpacific Trade

By Brendan Murray (Bloomberg) — The humble shipping container has a new status in the Covid-19 pandemic: hot commodity. Shortages of the ribbed steel boxes that have plied the global...

November 9, 2020
Total Views: 414

Tuesday, September 22, 2020
port of los angeles
Maritime News

Full Steam Ahead for U.S. Commerce Means Vital Economic Support

By Vince Golle (Bloomberg) — America’s network for moving goods into and around the country is the busiest in years after being throttled by the pandemic, providing vital support for...

September 22, 2020
Total Views: 26

Monday, August 17, 2020
expanded panama canal
Maritime News

COVID-19: Panama Canal Shipping Rebounds From Pandemic Lows

By Michael McDonald (Bloomberg) The Panama Canal is seeing signs of a rebound in global trade as ship transits recover from the depressed levels caused by the pandemic. Total transits...

August 17, 2020
Total Views: 26

Wednesday, April 8, 2020
maersk ship
Maritime News

Idle Containership Fleet Appears Set to Hit All-Time Record

By Mike Wackett (The Loadstar) – Idled containership capacity is expected to reach a record high of 3m teu within weeks, in the “worst capacity crisis the industry has ever seen”, according...

April 8, 2020
Total Views: 23

hong kong port
Maritime News

WTO: Coronavirus Trade Slump Likely to Exceed 2008 Global Financial Crisis

World trade is expected is expected to fall by between 13% and 32% this year as the COVID-19 pandemic disrupts just about every aspect of the global economy, the World...

April 8, 2020
Total Views: 4

Thursday, March 12, 2020
container terminal at port
Maritime News

Global Recession Risk Spikes as World Powers Down, Markets Slump

By Enda Curran and Michelle Jamrisko (Bloomberg) — A pandemic-driven global recession is becoming more likely by the day as the flow of goods, services and people face ever-increasing restrictions and...

March 12, 2020
Total Views: 2

Monday, November 4, 2019
container ship
Maritime News

Global Maritime Trade Suffers Amid US-China Trade Tensions and Uncertainty, Major UN Report Says

World maritime trade lost momentum in 2018 as heightened uncertainty, escalating trade tensions between the US and China, and mounting concerns over other trade policy and political crosscurrents, notably a...

November 4, 2019
Total Views: 7

Wednesday, October 23, 2019
container terminal at port
Maritime News

Global Container Ports Facing Greatest Threats Yet – Report

By Gavin van Marle (The Loadstar) – Container terminal operators are facing higher risks than at any time in the industry’s history, according to a new report. And Container Terminals:...

October 23, 2019
Total Views: 22

Tuesday, October 22, 2019
containership
Maritime News

DP World Reports Lower Global Volumes in Third Quarter

DUBAI, Oct 22 (Reuters) – Port operator DP World reported on Tuesday a third quarter decline in cargo handled across its global portfolio as volumes fell in Dubai for a...

October 22, 2019
Total Views: 3

Tuesday, April 2, 2019
port of los angeles
Maritime News

Shipping Data Shows Weakness in Global Economy

By Lisa Baertlein and Matthias Inverardi LOS ANGELES/DUSSELDORF, April 2 (Reuters) – The volume of U.S. ocean cargo imports arranged by Deutsche Post’s DHL Group, United Parcel Service Inc, FedEx...

April 2, 2019
Total Views: 2

Tuesday, November 13, 2018
container ship
Maritime News

Shipping Remains ‘Cautiously Optimistic’, But Wary of Protectionism

By Alex Lennane (The Loadstar) – Protectionist trade policies are continuing to spook the global maritime sector, although a newly released report suggests the industry has “cautious optimism”. The Navis Business...

November 13, 2018
Total Views: 3

Thursday, October 25, 2018
oil tanker loading
Maritime News

Big Oil Woos China With $24 Billion Spree in Old Pirate Lair

By Bloomberg News (Bloomberg) — A Chinese archipelago that served as a pirate’s den in centuries past and was governed by President Xi Jinping in the new millennium is luring the world’s...

October 25, 2018
Total Views: 2

Friday, October 5, 2018
container shipping
Maritime News

Opinion: Globalization Is Alive and Well, in Regional Deals

By Daniel Moss (Bloomberg Opinion) — Give South Korean President Moon Jae-in marks for boldness. The Korean Peninsula seems an unlikely place to plant the seeds of a northeast Asian...

October 5, 2018
Total Views: 1

Friday, August 17, 2018
Maritime News

Where to Look in the Oil Market for Clues of a Demand Slowdown

By Ellen Milligan and Alex Longley (Bloomberg) — This is supposed to be a year of bumper oil demand, but economic warning signs are flashing across the developing nations that drive growth....

August 17, 2018
Total Views: 0

Monday, April 2, 2018
Maritime News

China Hammers U.S. Goods with Tariffs as “Sparks” of Trade War Fly

By Ben Blanchard and Tony Munroe BEIJING, April 2 (Reuters) – China has increased tariffs by up to 25 percent on 128 U.S. products, from frozen pork and wine to certain...

April 2, 2018
Total Views: 0

Tuesday, March 27, 2018
lng carrier panama canal
Maritime News

U.S. Commerce Secretary Wilbur Ross to China: Import More U.S. Gas to Cut Trade Gap

By Ryan Collins, Scarlet Fu and Julia Chatterley (Bloomberg) — What would it take for China to reduce its trade gap with the U.S.? Buy more natural gas, for a...

March 27, 2018
Total Views: 0

Monday, March 26, 2018
News

United States, South Korea Revise Trade Deal with Quotas on Korean Steel

By Hyunjoo Jin and Joyce Lee SEOUL, March 26 (Reuters) – The United States and South Korea agreed to revise a trade pact sharply criticized by U.S. President Donald Trump, Seoul...

March 26, 2018
Total Views: 1

Saturday, March 24, 2018
shipping containers
News

Canada Urges World Nations to Preserve Pillars of Global Trade

By Jason Koutsoukis (Bloomberg) — As the U.S. and China edge closer to a full-blown trade war, Canada has urged all nations to act to preserve the pillars of the world trading...

March 24, 2018
Total Views: 0

Monday, February 19, 2018
ship at anchor
Maritime News

All Aboard for Hedge Funds as Trade Tide Lifts Shipping

By Jonathan Saul and Maiya Keidan LONDON, Feb 19 (Reuters) – Forced to abandon ship after mistiming their investments five years ago, hedge funds are venturing back in a bid to...

February 19, 2018
Total Views: 6

Monday, February 12, 2018
shipping containers
Maritime News

WTO Outlook Indicator: Global Trade Growth to Stay Above-Trend

By Tom Miles GENEVA, Feb 12 (Reuters) – Global trade in goods will continue growing above trend during the second quarter, the World Trade Organization’s quarterly outlook indicator showed on...

February 12, 2018
Total Views: 0