Category: Business

Climate Crisis Takes Centre Stage At UN Trade Forum

Expectedly, the climate crisis will be far-reaching for all people and nations, but small island development states are at the forefront of its impacts. It also stands to wipe out trade gains of these vulnerable islands if not addressed now.

In 6 Months, A Global Seaborne Shipping Firm Posts $147.2 Million

A global seaborne shipping and logistics company, Navios Maritime Holdings Inc., has reported its financial results for the second quarter and six month period ending last June 30. Chairman and Chief Executive Officer, Angeliki Frangou, said“I am pleased with the results of the second quarter of 2019 for which we reported revenue of $147.2 million and Adjusted EBITDA of $62.6 million.”

China Merchants Group Bids For A French Shipping Giant

China Merchants Group (CMG) that operates many key transportation infrastructures in Mainland China and Hong Kong, and very influential in five major ports in China including Pearl River Delta (Hong Kong, Shenzhen), Yangzee River Delta (Shanghai, Ningbo), Bohai Bay (Qingdao, Tianjin, Dalian), Xiamen Bay (Zhangzhou), and Southwest coastal area (Zhanjiang) is currently bidding to invest in port assets owned by French shipping company, CMA CGM.