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Global trade rose by about US$2.5 trillion in 2025 to a record US$35 trillion, a gain of roughly 7.5 percent, according to the United Nations Conference on Trade and Development.
Goods trade led the expansion, increasing about 7 percent and contributing roughly US$1.8 trillion. Services trade grew around 8 percent, adding about US$700 billion.
Growth was strongest in developing economies, particularly in East Asia and Africa, while South-South trade climbed about 9 ...
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A near shutdown of the Strait of Hormuz is rapidly spreading strain across the global economy, hitting trade flows, driving up prices and tightening financial conditions, according to a new assessment from UN Conference on Trade and Development, or UNCTAD.
In its latest update released April ...
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The global shipping order book reached a 17-year high of 191 million compensated gross tonnes (CGT) by the end of the first quarter of 2026, equal to 17 percent of the global fleet, according to BIMCO.
The increase reflects sustained newbuilding activity and a surge in ...
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APM Terminals’ US$73 million rail expansion at Port of Los Angeles is accelerating cargo flows from ships to inland markets, as upgraded infrastructure at Pier 400 boosts capacity and cuts transit times.
The project, implemented at APM Terminals Los Angeles, added 31,000 linear feet of track ...
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Ocean Network Express has agreed to acquire a 30 percent stake in Hutchison Laem Chabang Terminal, strengthening its access to capacity at one of Southeast Asia’s key shipping hubs.
The investment, announced March 30, covers the Laem Chabang facility’s Terminal D, as well as Terminals C1, ...
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A.P. Moller-Maersk said its East-West Network, launched under the Gemini Cooperation with Hapag-Lloyd, has achieved schedule reliability above 90 percent in North America, underscoring efforts by ocean carriers to improve consistency after years of supply chain disruption.
The network, introduced in February 2025, marked a major ...
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Shippers should not overreact to recent increases in ocean freight rates linked to the Iran conflict, as current volatility remains below levels seen during the Covid-19 pandemic, according to Drewry Shipping Consultants.
Data from Drewry’s Container Freight Rate Insight shows that spot rates on major east-west ...
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AAL Shipping has unveiled its latest Super B-Class vessel, AAL Newcastle, and announced two additional newbuildings as it expands capacity for heavy-lift cargo.
The vessel was named at CSSC Huangpu Wenchong Shipyard. In a statement, AAL Shipping said AAL Tianjin and AAL Miami will join the ...
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Kawasaki Kisen Kaisha Ltd., known as “K” Line, said March 31 it has begun using bio-LNG fuel for its liquefied natural gas-powered car carriers under a new long-term procurement agreement aimed at reducing greenhouse gas emissions.
The company said the agreement will support the continued supply ...
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Rhenus Group executed a complex multimodal transport of industrial equipment from Austria to the U.S., supporting the build-out of a major manufacturing facility and highlighting the growing role of inland waterways in project logistics.
The move comprised about 2,840 cubic meters of breakbulk cargo packed in ...
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