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Declining trade is testing shippers’ patience, pockets and commitment

portnews - December 21, 2022

As global trade declined during the second half of 2022, in response to severe economic headwinds in many countries and the continued effects of...

China

China tightens verification of ships’ energy consumption data

portnews - December 21, 2022

From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship Energy...

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Global economy in steep slowdown: World Bank

portnews - December 21, 2022

After about a year of uncertainty in 2022, global economy is in a steep slowdown, according to the latest report by World Bank. Education losses,...

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Tankers To Stay the Course During 2023

portnews - December 19, 2022

According to Gibson, “on the 24th of February, Russia launched its much-feared invasion of Ukraine, and whilst Western intelligence officials had been warning of...

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The Global Economy in 2075: Growth Slows as Asia Rises

portnews - December 10, 2022

The world’s fastest years of economic growth are likely already behind it — expansion is slowing as population growth weakens, according to Goldman Sachs...

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Why we can delay but not escape the global economic crisis

portnews - December 7, 2022

The world economy is lurching toward an unprecedented confluence of economic, financial and debt crises, following the explosion of deficits, borrowing and leverage in...

China

China: Fifth economic census to give full picture

portnews - December 6, 2022

China will conduct its fifth national economic census in 2023 to take stock of its economic and social development. It is a systematic project...

China

Forecasts suggest 2023 may be good for China GDP and local equities

portnews - December 2, 2022

China’s economy is expected to rebound next year and sustain the rally in Chinese equities, though market volatility could remain elevated, prominent investment banks...

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IMF chief sees higher chance of global growth below 2% in 2023

portnews - December 2, 2022

International Monetary Fund managing director Kristalina Georgieva said on Thursday the chance of global growth falling below 2% next year was increasing due to...

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London has every opportunity to strengthen its maritime position worldwide, but the UK Government needs to look at ways to attract back the ship...

portnews - November 30, 2022

LONDON is to maritime financial services what Greece is to vessel ownership and operations, and can very easily become the Singapore on the Thames,...

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