CMA CGM announces the reorganization of its AS1 service now connecting North & Central China with the Indian Subcontinent, effective in August 2020.
AS1 new features
Comprehensive weekly service linking North/Central China to Nhava Sheva, Mundra, QICT and SAPT.
Revised...
According to a Reuters report, Global wealth managers are examining whether their clients in Hong Kong have ties to the city’s pro-democracy movement, in an attempt to avoid getting caught in the crosshairs of China’s new national security law
Screening...
Behind every container, there is a story. No one knows this better than the 24/7 cargo teams who are dedicated to around-the-clock vessel operations, says an article published by Maersk.
With this article, Maersk gives an insight into the container...
Oman Shipping Company (OSC), acquired two modern Ultramax Dry Bulk vessels, reports Oman News Agency.
About the acquisition
Oman Shipping Company (OSC), a member of the ASYAD Group, confirmed the acquisition of two modern Ultramax Dry Bulk vessels, SBI Taurus and...
The global economy will contract given the sudden stop to large swathes of activity.
There is an income loss in the manufacturing and services sectors across most advanced countries.
This combined with the adverse effects on financial markets,...
COVID-19 has accentuated ecological, epidemiological, and economic vulnerabilities.
These factors have been imposed by capitalism are further aggravated by COVID-19.
Emergence of catastrophe capitalism as the structural crisis of the system takes on planetary dimensions.
Capitalist globalization has...
Singapore’s trade-reliant economy plunged into recession in Q2.
It is signaling a rough first half globally and an equally challenging outlook.
Gross domestic product (GDP) dived by a record 41.2% in the three months ended June.
IMF forecasts...
TEN Ltd., in a press release, announced the contract for the building of up to three suezmax DP2 shuttle tankers on long-term employment to a major European end-user.
The vessels will be built in South Korea and the time charter...
Cargoes are taking ever longer to reach their destinations in the continued fallout shipping has felt from the global financial crisis 12 years ago.
During the first half of this year, the deepsea cargo fleet’s average speed fell...
CSSC Shipping orders two product tankers for Louis Dreyfus charter at Chengxi Shipyard, says an article published in Splash 247.
About the order
CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, has placed an order for the construction...
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