File Photo: Tommyphongphan / Shutterstock.com 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 Trade Organization said Wednesday. Although the unprecedented nature of the ongoing global health crisis has created uncertainty surrounding the precise … [Read more...]
President Trump Just Suspended Travel from Europe for 30 Days… He also said Trade and Cargo Was Prohibited – Update
U.S. President Donald Trump addresses the nation during a live television broadcast regarding the COVID-19 coronavirus pandemic, from inside the Oval Office at the White House in Washington, U.S., March 11, 2020. REUTERS/Tom Brenner In an Oval Office address to the United States about the coronavirus pandemic, President Trump announced a ban on all travel from Europe to the … [Read more...]
Port of Rotterdam Reports Record Throughput in First Six Months of 2019
The Port of Rotterdam reported throughput of 240.7 million tonnes in the first six months of 2019, a new record for Europe’s busiest port. The figure represents a 3.4 percent increase compared to the same period in 2018. The Port of Rotterdam Authority said the growth was driven by container throughput, which rose to 7.5 million TEU, a 6.4 percent increase on a TEU … [Read more...]