According to Drewry’s latest five-year container port demand forecast, volumes are set to increase on average by just under 6% a year. This would add 240m teu to global container port throughput by 2022 – 45m teu a year – “broadly equivalent to the size…
READ MORE >On July 25, the U.S. and the European Union announced “a new phase” in their bilateral relationship that will feature “strong trade relations in which both [sides] will win.” The agreement appears to ease trade tensions that have escalated in…
READ MORE >Despite overcapacity fears and recent container spot rate erosion, analysts have a positive outlook on profitability for container shipping this year, according to the Loadstar
READ MORE >The Port of Rotterdam has announced an application called Pronto that will allow visiting ships to cut their waiting time by an average of 20%. In addition to enabling more effective utilization of capacity and better planning and coordination, Pronto…
READ MORE >The World Trade Organization (WTO) is forecasting global trade growth of 4.4% in 2018 after a 4.7% increase in 2017, the strongest performance in six years. (source: Sandler, Travis & Rosenberg)
READ MORE >Singapore and the European Union (EU) have committed to facilitate the ratification of their trade and investment deal by the end of 2018 and push its entry into force soon thereafter. When passed, it will allow consumers and producers to…
READ MORE >At a workshop held during IATA’s World Cargo Symposium, moderators sparked an interactive discussion about how technology can be applied to the air cargo business and the hurdles ahead. Whether it’s blockchain, artificial intelligence (A.I.), augmented reality, or the “internet…
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