global trade


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: 3200

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: 853

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: 14923

Wednesday, July 12, 2023
File photo of a containership in port
Shipping

Temasek’s PSA Shelves $4 Billion Hutchison Ports Stake Sale, Sources Say

(Bloomberg) — PSA International Pte has shelved plans to sell its minority stake in the ports business of Hong Kong’s CK Hutchison Holdings Ltd. amid

July 12, 2023
Total Views: 784

Wednesday, June 21, 2023
Aerial view of a container ship
Shipping

UNCTAD: Positive Start, Pessimistic Outlook for Global Trade in 2023

Trade growth was positive for both goods and services in the first quarter of 2023, according to the UNCTAD’s latest Global Trade Update report. However the

June 21, 2023
Total Views: 1025

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

South Korea Early Exports Hint at Budding Global Recovery

(Bloomberg) — South Korean exports offered an early sign of improvement in global trade after their first year-on-year gain since last summer.

June 21, 2023
Total Views: 713

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: 1907

Tuesday, June 6, 2023
FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS
Shipping

Low Container Shipping Freight Rates Unsustainable, Says Hapag Lloyd CEO

FRANKFURT, June 6 (Reuters) – Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of

June 6, 2023
Total Views: 2672

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: 1500

Thursday, March 23, 2023
Aerial view of a container ship
Shipping

Global Goods Trade Softening from 2022’s Record Level

By Bryce Baschuk (Bloomberg) — International commerce soared to a record of $32 trillion in 2022, but goods trade growth is expected to increase by only

March 23, 2023
Total Views: 713

Monday, March 13, 2023
Container ships wait off the coast of the congested Ports of Los Angeles and Long Beach in Long Beach, California
Shipping

Fewer Containerships in U.S. Waters Reveals Trade Slowdown

By Kevin Varley (Bloomberg) — The number of container ships in US coastal waters has fallen to less than half of the count a year earlier, in the latest

March 13, 2023
Total Views: 4857

Wednesday, March 8, 2023
U.S. Trade Deficit Grows to Start the Year
Shipping

U.S. Trade Deficit Grows to Start the Year

By Reade Pickert (Bloomberg) — The US trade deficit grew to the widest in three months at the start of the year, reflecting a pickup in imports of

March 8, 2023
Total Views: 923

Wednesday, March 1, 2023
Aerial view of a container ship
Shipping

WTO Sees Slowdown of Global Goods Trade Growth Being Short-Lived

GENEVA, March 1 (Reuters) – Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of

March 1, 2023
Total Views: 1024

Monday, February 27, 2023
ningbo port congestion
Shipping

Opinion: World Trade Boom Keeps De-Globalization at Bay

By Jamie McGeever ORLANDO, Fla., Feb 27 (Reuters) – Globalization may have peaked, but the resilience of world trade in the face of mounting

February 27, 2023
Total Views: 1804

Wednesday, January 11, 2023
shipping containers
Shipping

Flexport Slashing Workforce By 20% Amid Global Trade Slowdown

San Francisco-based supply chain management and logistics company Flexport has announced it is slashing 20% of its workforce amid the slowdown in global trade.

January 11, 2023
Total Views: 1193

Tuesday, November 29, 2022
A bulk carrier departs the Port of Odessa prior to the war. Image courtesy VolodymyrT / Shutterstock.com
Shipping

UN Sees ‘Friend-Shoring’ Risks as Global Trading System Faces Headwinds

By Bryce Baschuk (Bloomberg) — The UN said efforts to “friend-shore” manufacturing could weigh on a global trading system that a new report warns

November 29, 2022
Total Views: 886

cargo ships loading at port of oakland
Shipping

Global Shipping Growth at Risk from Economic Gloom, UN Says

By Jonathan Saul LONDON, Nov 29 (Reuters) – The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in

November 29, 2022
Total Views: 746

Friday, November 25, 2022
The End Of The World Is Just Beginning For Shipping
Navy

The End Of The World Is Just Beginning For Shipping

by Captain John Konrad (gCaptain) There is a large shipping company that’s made record profits in recent years after changing its operational model to bet

November 25, 2022
Total Views: 28999

Thursday, November 10, 2022
Yangshan Port south of Shanghai, China.
Shipping

China’s Year-End Export Surge in Doubt as Global Demand Falters

By Ellen Zhang and Ryan Woo BEIJING, Nov 10 (Reuters) – China’s usual year-end export surge is in doubt as weak global demand dims a rare

November 10, 2022
Total Views: 876

Monday, November 7, 2022
yantian port china
Shipping

Chinese Trade Unexpectedly Drops as Demand Slowdown Worsens

By Bloomberg News (Bloomberg) — China’s exports and imports both unexpectedly fell for the first time in more than two years, with rising risks of a

November 7, 2022
Total Views: 1942