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- Release on2022-10-25
- The unionized workers at the financially troubled South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) are planning to launch a strike as the majority of the workers voted in favor of a walkout....Read More>>
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- Release on2022-10-24
- The Prime Minister of this country announced: continue to ban the export of rice!...Read More>>
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- Release on2022-10-24
- Previously, the German federal government has been blocking Chinese investment in the Port of Hamburg. Although the Port of Hamburg welcomes Chinese investment, the German federal government has issued a ban on this. According to a recent report by Deutsche Welle, German Chancellor Scholz still allowed Chinese investors to take a stake in the Port of Hamburg despite the unanimous opposition of six ministries including the German Federal Ministry of Economic Affairs and the Ministry of the Interior....Read More>>
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- Release on2022-10-22
- Freight data is often seen as a barometer of economic health. Freight data generally precedes the economy, and freight downturns tend to precede economic downturns....Read More>>
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- Release on2022-10-21
- Recently, Maersk and MSC announced the cancellation of trans-Pacific service....Read More>>
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- Release on2022-10-20
- Following the popularity of cost-effective heating products such as electric blankets and heaters in Europe, recently, China's "Light God" has also quickly entered the blanket vision of European consumers. Counting autumn clothes, flange pajamas, hot water bags, warm house hand treasures and high sweaters, the traditional winter eight pieces have become popular in Europe. Many enthusiastic netizens have urged the listing, and they have already sold products in related fields, so that the inventory will rise again....Read More>>
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- Release on2022-10-20
- As TikTok's influence continues to deepen, some overseas brands are slowly shifting their main marketing battles to TikTok. According to the "What's Next" report released by TikTok for Business, TikTok's monthly active users will exceed 1 billion in 2021....Read More>>
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- Release on2022-10-18
- On October 4th, Daxian Shipbuilding and Dongui University of Science and Technology signed an industry-university cooperation agreement. Both schools and enterprises will gather their respective human and material resources to build a support system for overseas talent training, and jointly cultivate global shipbuilding technical talents....Read More>>
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- Release on2022-10-18
- After Daewoo Shipbuilding decided to sell as a whole, the privatization of South Korea's largest shipping company HMM (formerly Hyundai Merchant Marine) has become a topic of great concern to the Korean government and opposition. Due to the surge in HMM's performance last year and this year, the company's valuation has risen sharply, and this once loss-making "state-owned enterprise" has become a "monster" that is difficult for any company to easily acquire. And as the super boom period of the global shipping industry is coming to an end, now, HMM's performance declines and may even suffer losses next year. The market situation reversed overnight, making HMM miss the best window for selling....Read More>>
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- Release on2022-10-18
- Hong-Kong based shipping company Seaspan Corporation has priced a USD 80 million public offering of its 8.2% Series G Preferred Shares at USD 25 per share. ...Read More>>
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- Release on2022-10-18
- All passengers and crewmembers from the passenger/car ferry Caribbean Fantasy, which ignited earlier today, were safely disembarked from the ship and brought to San Juan’s Pier 6, according to the United States Coast Guard’s twitter account....Read More>>
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- Release on2022-10-13
- Shipping lines are bracing for the harshest liner service cuts since the outbreak of the pandemic as demand levels on global trade lanes plummet and freight rates plummet....Read More>>
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