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China has committed to purchase $36.3 billion worth of US agricultural products, including soybeans, in 2020 and $43.3 billion in 2021, under the Phase 1 trade deal signed Wednesday...
A total of 82 incidents of piracy and armed robbery against ships in Asia were reported from January to December 2019, comprising 71 actual incidents and 11 attempted incidents.
Strikes over pension reform in France could slow grain exports from this month by preventing enough supplies from reaching ports and by making the French crop too expensive to compete overseas.
The Port Authority welcomes such measures as additional investment in rail and inland shipping for the transport sector and the acceleration of low and zero emission transport.
Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder by order backlog, is seeking to secure deals worth more than US$6.88 billion this year, an official said Saturday.
The global dry bulk shipping market is anticipated to grow at a compounded annual growth rate (CAGR) of 4.14% during the period spanning 2019 - 2023. The market is expected to be valued at US$402.65 billion in 2023.
The global soybean market will have a tough job in 2020 adapting to the impact of the most recent chapters of the US-China trade dispute, the prolonged influence of African swine fever on Chinese consumption and the rise of Brazil to the top spot in global production rankings.
There are “very long waiting lists at some shipyards,” particularly in China, for installation of scrubbers on vessels to ensure compliance with IMO 2020 marine fuel regulations, a leading scrubber technologist said this week.
The shipping industry faces some very significant challenges over the coming years but has a number of reasons to be cheerful as it enters a new decade, according to accountancy and business advisory firm BDO.