Global trade needs Middle East crisis resolution to recover
The Red Sea crisis has become a critical point in the Middle East conflict, disrupting trade and maritime transport, the World Bank states.
Read moreDetailsThe Red Sea crisis has become a critical point in the Middle East conflict, disrupting trade and maritime transport, the World Bank states.
Read moreDetailsThe Smart Container Alliance has been officially launched to drive the adoption of smart container technology.
Read moreDetailsDrewry says China’s evolving grain import strategy reflects its increasing focus on domestic production reshaping the global grain trade.
Read moreDetailsThe Panama Canal Board of Directors has approved the necessary resources for the construction of a new lake in the middle course of the Indio River Watershed.
Read moreDetailsEgypt's Suez Canal Authority chairman, Osama Rabei, announced on Sunday that since the beginning of February, 47 ships have been rerouted from the Cape of Good Hope to the Suez Canal.
Read moreDetailsInternational Maritime Organisation (IMO) Secretary-General, Arsenio Dominguez emphasized India’s role in sustainable shipping and seafarer welfare.
Read moreDetailsAccording to Sea-Intelligence, the International Monetary Fund (IMF) revised downwards its projections for world trade growth.
Read moreDetailsThe Port of Long Beach reported that it started the new year with its strongest January on record and its second-busiest month ever.
Read moreDetailsChina and the United States were Valenciaport’s main trading partners in 2024, accounting for 34% of its traffic between them.
Read moreDetailsThe head of the Suez Canal Authority, Osama Rabie, has projected that traffic through the waterway will gradually return to normal by late March 2025, with full recovery expected by mid-year, contingent on the stability of the Gaza ceasefire.
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