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Home | Development | Economy

Economy

High Container Rate Volatility to Enter Fifth Consecutive Year: Mitigating the Chaos

  • Economy
  • Industry Updates
  • News Feed
by Newsdesk - 8 November 20248 November 2024

For those navigating the murky waters of global shipping, container rate volatility has become the norm rather than the exception. Over the past few years,

Tagged Logistics Maritime Industry container shipping freight rates supply chain

Geopolitical Shifts Impact Canton Fair Attendance: A Surge from Africa and Latin America

  • Economy
  • Events
  • Markets
  • News Feed
by Newsdesk - 25 October 202425 October 2024

The second phase of the Canton Fair, a global platform for import and export in China, revealed an interesting shift in its attendee demographics. According

Tagged African Trade Canton Fair Geopolitics Investment Shift Latin America

China’s Exports and Imports Show Weaker Growth Than Expected in September

  • Development
  • Economy
  • News Feed
by Editor - 14 October 202414 October 2024

China’s trade figures for September delivered a surprise that many analysts weren’t expecting. According to customs data released on Monday, China’s exports rose by just

Tagged China trade September data economy exports imports

Chinese Ports See Robust Growth in TEU Volumes Amid Global Trade Shifts

  • Development
  • Economy
  • News Feed
by Newsdesk - 1 October 20241 October 2024

Chinese ports are experiencing significant growth in container throughput this year, reflecting the broader resilience of global trade. From January to August 2024, Chinese ports

Tagged Chinese Ports Container Throughput Global Trade Maritime Logistics TEU

Global Logistics Faces New Challenges and Opportunities Amid Geopolitical Volatility

  • Development
  • Economy
  • News Feed
by Newsdesk - 5 June 20245 June 2024

Dr. Pablo Rodas-Martini, a noted economist, recently addressed a packed mainstage at Breakbulk Europe conference, offering insights into the evolving global economic landscape and its

Tagged Freight Industry Global Logistics Green Technologies Panama Canal geopolitical volatility

Braemar Plc Reports Strong Trading Performance and Sustainable Growth

  • Development
  • Economy
  • News Feed
by Newsdesk - 23 May 202423 May 2024

Braemar Plc (LSE: BMS), a leader in providing expert investment, chartering, and risk management advice to the shipping and energy markets, recently announced its audited

Tagged Braemar Plc FY24 results revenue growth shipping and energy markets sustainable shareholder returns

ZIM Integrated Shipping Services Reports Robust Q1 2024 Results

  • Development
  • Economy
  • News Feed
by Newsdesk - 22 May 202422 May 2024

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a prominent player in the global container liner shipping industry, has reported a strong financial performance for the

Tagged Q1 2024 ZIM Integrated Shipping container shipping financial performance freight rates

UK Faces £4.7 Billion Price Tag for Post-Brexit Border Arrangements

  • Development
  • Economy
  • News Feed
by Newsdesk - 20 May 202420 May 2024

The British government estimates it will spend at least £4.7 billion ($6 billion) on implementing post-Brexit border arrangements, following repeated delays in setting new rules,

Tagged NAO report UK border customs controls government expenditure post-Brexit

Rising Spot Rates Propel Container Shipping Sector to New Heights

  • Development
  • Economy
  • News Feed
by Newsdesk - 17 May 202417 May 2024

The container shipping industry is experiencing significant fluctuations in financial performance due to a combination of geopolitical events, market dynamics, and operational challenges. The recent

Tagged Market Trends Shipping Industry container shipping financial performance spot rates

Hapag-Lloyd Reports Q1 2024 Results: Steady Performance Despite Challenges

  • Economy
  • Maritime
  • News Feed
by Newsdesk - 16 May 202416 May 2024

Hapag-Lloyd, one of the world’s leading liner shipping companies, has unveiled its first-quarter financial results for 2024, showcasing resilience amidst evolving market dynamics. The Group's

Tagged Hapag-Lloyd Logistics Maritime Industry Shipping freight

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