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Finance

Finance

B. Kikilias: The unemployment benefit of seafarers is doubled – The beneficiaries are expanded

Priya Anika Rajan -
According to the Ministry of Shipping, the measure concerns hundreds of seafarers, who in previous years received lower support compared to the general unemployment...
Business

Xca completes the acquisition of the Faldo: a new logistics corridor is born between Livorno and Vado Ligure

Alexa Laguna -
The Conti–Arcese joint venture strengthens its presence in the automotive sector with a strategic hub for vehicle distribution Livorno – Xca, the joint venture between...
Finance

Diana Shipping offers to buy remaining Genco shares

Zhang Weili -
On 24th November, Diana Shipping Inc. announced that it had submitted a letter to the Board of Directors of Genco Shipping & Trading Limited...
China

The Daily View: Demand is the opiate of the gasses

Carlos Nieves -
THE travails of Russia’s Arctic LNG2 project have been playing out as a microcosm of wider geopolitical battles. Russia’s plans to dominate Arctic gas production...
Energy

LS Corp approves $102.8 million equity injection into LS Cable to support US submarine cable plant

Linh Nguyen -
LS Corp has approved a 150 billion won (approximately $102.8 million) equity investment in its cable manufacturing subsidiary LS Cable & System to help...
Business

DP World Pledges Additional $5 Billion Investment to Bolster India’s Supply Chain Infrastructure

Linh Nguyen -
DP World has announced a major new pledge to invest an additional $5 billion in India, aimed at strengthening the nation’s integrated supply chain...
Finance

UK to Include International Shipping in Emissions Trading Scheme From 2028

Malik Johnson -
The UK expects to include international shipping in its emissions trading scheme from 2028. From January 1, 2028, the UK will include 50% of emissions...
Finance

DPA Kandla becomes fastest major port in India to reach 100 million tons in FY 2025–26

Carlos Martinez -
Deendayal Port Authority, Kandla has achieved a landmark milestone by becoming the fastest Indian Major Port to reach 100 Million Tons of cargo handling...
China

Sichuan invests 21 billion to revitalize shipping

Priya Anika Rajan -
With the advent of the “New Canal Era,” Sichuan, known as the “Province of a Thousand Rivers,” is poised to fully break through its...
Business

Port reform, breakthrough or risky gamble?

Alexa Laguna -
The new reform law on the organization of ports, which has passed the hurdle of the State Accounting Office and will most likely be...
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