Peru: Mega-port built by China will connect Asia – South America October 24, 2024 Peru’s huge port of Chancay, which authorities hope will become a major shipping hub for trade between South America and Asia, will dispatch two…
How the Ukrainian war saved the US war industry Raytheon October 17, 2024 US war industry Raytheon, the world’s largest producer of guided missiles today, has benefited more than any other company from Ukraine-related military procurement, despite…
Artificial intelligence is mostly used by European banks October 17, 2024 European banks are starting to cut staff costs by deploying AI tools, with Italy’s BPER Banca SpA one of the first to publish data…
Shipping: Study explores nuclear powered bulk carriers October 10, 2024 Netherlands-based nuclear energy development and consultancy ULC-Energy BV has completed an in-depth study examining the design and financial implications of using nuclear reactor technology…
Stealth: How a Startup radically changes the elements in the aviation industry? October 3, 2024 American startup JetZero and its backers hope the new aircraft will be the future of commercial aviation and offer a way to reduce carbon…
Battle for Commerzbank! September 19, 2024 The potential acquisition of Commerzbank by Italy’s UniCredit has created a strong dynamic in the European banking sector, especially in Germany. The news that…
Germany’s mistakes towards Russia lead to the collapse of its car industry September 12, 2024 Germany’s once-mighty car industry, once recognized around the world for its high-quality, innovative internal combustion engine cars, is winding down. Owning a German car…
Difficulties on the horizon for the freight market of bulk carriers August 8, 2024 The first bad omens for the bulk carrier freight market have started to emerge, amid a correction in freight rates from the highs of…
Shipping: The Golden Days are returning to the Container industry July 4, 2024 Unsettled weather conditions are a hazard of the high seas. Volatile markets are equally treacherous for the container shipping industry, which carries 80% of…