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Tags International Monetary Fund (IMF)

Tag: International Monetary Fund (IMF)

Trade recovery not as strong as initially projected, reports IMF

The Danish consulting and researching company Sea-Intelligence has conducted research for the global trade growth using data from a report by World Economic Outlook...

IMF downgrades outlook for the world economy

The IMF announced it had reduced its outlook on the global economy to a 3.7% growth rate for this year and next, down...
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Port Houston exceeds 1 million TEU mark in first three months of 2024

In the first quarter of 2024, Port Houston experienced a significant surge in container volumes. From January to March, the US port handled 1,069,917...

Ulsan Port, Pacific Environment sign decarbonization deal

During Singapore Maritime Week, the Ulsan Port Authority (UPA) signed a Memorandum of Understanding (MoU) with Pacific Environment (PE), an international environmental organization, to...

Seoul earmarks US$2.5 billion to boost vessel capacity of smaller box lines

As part of plans to grow the locally owned container shipping fleet, the South Korean government will set aside around US$2.5 billion to increase...

Major container lines jointly launch Asia – East Coast South America service

Five of the largest ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South...