The Trojan horse of protectionism

The three US senators who helped promote the Market Economy Sourcing Act insist that the bill is about securing US supply chains and reducing dependence on China. It really is a protectionist Trojan horse. It would destroy future US trade deals from within, starting with the Trans-Pacific Partnership (TPP). Posted …

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Retailers prepare for vacation battles

After a tough few years, analysts are finally predicting a record-breaking Christmas season. Consumers are filled with cash and ready to go out to shop. Even with the rising delta variant, consumers are apparently resilient. In July, many retailers, including Walmart, Target, Kohls, Home Depot, and Macy’s, reported higher store …

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The Ever Ace sets a world record

Cristian Nita | World Record Academy • September 18, 2021 ROTTERDAM, Netherlands – The Ever Ace container ship, an Evergreen A-Class owned by the Taiwanese shipping company Evergreen Navy, is a 400 m long ship with a capacity of 23,992 standard containers, the new world record for the Largest container …

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President fully supports shipping

President Nicos Anastasiades praised the resilience of the shipping sector during a dinner hosted by the Cypriot Shipowners Association in Athens. Anastasiades underscored the contribution of shipping to the Cypriot economy by saying that it represented 7 percent of the country’s GDP and that the Cypriot flag merchant fleet had …

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Africa is navigating the shipping challenges of the COVID era

File image courtesy of Lagos Port Published 09/17/2021 6:58 PM by The maritime executive African shippers are currently experiencing a tragedy in liner services, with historic port bottlenecks now compounded by increases in freight rates, making shipping operations difficult for many. Alphaliner has released new data showing that due to …

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