PRESS RELEASE – Confidence in the shipping industry fell in the past three months to its lowest level for two and half years, according to the latest Shipping Confidence Survey from maritime consultant BDO. Yet...Read more
After stalling last year, the renewables energy market is back on track with double-digit growth according to the International Energy Agency (IEA). The growth is driven in particular by solar power and onshore wind energy,...Read more
Air freightCargolux Airlines has delivered the largest single piece of freight it has ever flown into mainland China. The Luxembourg-based airline says there has been solid demand growth for this kind of transport over the past...Read more
Cargotec has completed the acquisition of the marine and offshore businesses of cargo handling equipment manufacturer TTS Group, following a lengthy regulatory approval process in China.
The agreement to buy TTS Group’s marine and offshore division...Read more
Plant constructionA swift trade deal between the US and China could propel the US to the top of China’s LNG supplier list, shows a report from Morgan Stanley. That would be a win-win-win for Trump, Xi...Read more
ConstructionThe escalation of the trade war between the United States and China jeopardizes the construction of several mega LNG projects, likely postponing the forecasted wave of project cargo shipments that are needed to build the...Read more
Trade warDespite Trump’s warning not to retaliate, China will hit back with import tariffs of 5% to 25% on 5,140 American products with a total worth of USD 60 billion, after Washington increased tariffs on Chinese...Read more
Trade warUnited States president Donald Trump today pulled the trigger on a new round of tariffs on Chinese goods, escalating the trade war with China which was seemingly coming to an end. China has said it...Read more
U.S. President Donald Trump said on Sunday he will raise tariffs on 200 billion dollars of Chinese goods from 10% to 25% as early as Friday and impose tariffs on another 325 billion dollars worth...Read more
New Silk RoadPorsche has traditionally relied on trains for its logistics in Europe but from April 2019 the sports car manufacturer will use rail transport for its transcontinental logistics as well. Part of the vehicles will travel...Read more