A recent survey among 66 central banks by the Bank for International Settlements shows that more than 80% are working on central bank digital currencies (CBDCs).
The European Central Bank is one of them.
Not because we want...
Qatar has signed a deal worth around $20 billion with South Korean shipbuilders to help cement its position in LNG industry.
Korean firms to build more than 100 ships for Qatar Petroleum.
Deal will help world’s biggest LNG...
China is developing so-called intelligent ports utilizing 5G technology.
CMP is promoting intelligent port construction and development in three Chinese cities.
Chiwan Container Terminal is the largest RTG remote control (semi-automated) single container terminal in China.
Shekou Container...
The Covid-19 crisis has – and will continue to – hit the container shipping market hard, and the current economic situation provides no hope for a short-term recovery, writes BIMCO CEO, Peter Sand, in an article published on their...
Despite carrier projecting an optimistic outlook there no hope for short term recovery in 2020.
Containershipping is unlikely to rebound in 2020 as the global demand shock continues
The loss of sale of containerised goods during lockdown is...
Two major casualties had an impact on North P&I Club’s underwriting figures for the policy year ending February 20, the club said.
However, the period also saw the launch of new products, member retention at 99% and more...
Diana Shipping Inc. announces time charter contract for m/v Crystalia with Glencore, says a press release published on their website.
About the contract
Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializes in the ownership of dry bulk...
ONE, Maersk and MSC continue suspension of China – Australia service, reports Seatrade Maritime News.
Suspension of service
Ocean Network Express (ONE), Maersk and MSC are to continue the suspension of their China – Australia (CAE) service.Suspension until septemberONE said that...
The Baltic Briefing has released a report about the dry bulk market of the 22nd week of shipping activities of this year. The report dated 29th May highlights the plight of the dry bulk market at the on-sight of...
According to a Reuters report, the coronavirus lockdown has accelerated a digitalization drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, say industry leaders.
Limiting Costly Paper Trail
Ports operator...
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