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FAA greenlights Boeing 737 MAX production hike
Stories on our radar this morning from around the world
Global trade growth slowed, not stopped by US tariff blitz, DHL report says
The trade growth forecasts for most regions saw downward revisions following the announcement of US tariffs, with North America seeing…
China collects port fees from US vessels in retaliation move
Stories on our radar this morning from around the world
Ship repair industry sees uptick as fleet ages
China — home of 17 of the world’s 20 busiest repair yards — remains the industry leader amid the boom.
Over a third of world’s shipping fleet could be hit by imminent US port fees
The fees are projected to cost the top 10 cargo carriers some USD 3.2 bn, most notably China’s Cosco
Kezad to host AED 300 mn Chinese glass plant
PLUS: Glass and building materials maker Saint-Gobain eyes doubling exports from Egypt after launch of new Ain Sokhna factory
UK court backs DP World’s USD 685 mn payout from Djibouti
The London arbitration court has ruled that the government of Djibouti acted illegally in its seizure of the Doraleh Container…
China to lend USD 3.7 bn for Aramco’s massive Jafurah project
The lenders include Bank of China, the Industrial and Commercial Bank of China, China Construction Bank, and the Agricultural Bank…
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