The viability of the international container ship transportation industry depends on vibrant trade between distant nations, and that trade depends on cost-competitive manufacturing industries in the exporting nations, mainly China.
Asian factories extended a global manufacturing revival as activity picked up steam in February, though the outlook for many of the region's export-reliant economies remained uncertain in the wake of U.S. President Donald Trump's protectionist stance.
As global energy demand rises, the market for LNG continues to expand. Set to increase by 50 percent between 2015 and 2020, the LNG market is one of the fastest growing in the world.
The government of the Indian state of Karnataka says it welcomed a proposal from Apple Inc to begin initial manufacturing operations in the state, in a sign the tech company is slowly moving forward with plans to assemble iPhones in the country.
DNV GL and the Maritime and Port Authority of Singapore (MPA) have signed an MOU to further innovation in intelligent shipping systems. The renewed MOU extends an earlier collaboration for another three years and expands it to now include autonomous technologies, intelligent shipping and data analytics.
