The Baltic Exchange has launched a new assessment to track the cost of operating vessels, initially covering a range of dry bulk vessels.
Well-prepared companies grew at a 17 percent compound annual growth rate (CAGR) during recessions, compared to 0 percent among the losers.
Although the release of seven seafarers is a positive step in the right direction, there are still 16 seafarers that remain detained.
Drewry’s container port demand forecast for the next five years is for global growth of 4.4% per annum.
Based on industry observations and interactions with partners and customers across the region, experts share their thoughts on four hotly contested statements that impact regional businesses in 2019.
Two-thirds of large enterprises are not realizing the full benefits of their cloud migration journeys and are identifying security and the complexity of business and operational change as barriers.
The World Bank projects Thailand's growth to gradually increase from the expected 3.5 percent in 2019 to 3.6 and 3.7 percent in 2020 and 2021.
Shanghai Shipping Exchange and CargoSmart have signed a Memorandum of Cooperation to develop a new shipping index for ocean carrier schedule reliability.
Annual production is expected to cover 5-10% of Maersk’s annual fuel demand.
The weakening of growth comes at a time when globalisation, digitalisation, population ageing and environmental degradation are key forces shaping economic developments.