UNCTAD reports that the value of international trade in goods has declined by about 5 percent in Q1 2020 and is expected to decline further by 27 percent in Q2 2020, though the pace of contraction has slowed in May
Global Economic Trends China’s economic indicators Recently, Chinese Government released several economic indicators for the month of May: the industrial production was up as was investment in property and infrastructure. The retail sales were down and weaker than expected and overall investme...News
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UNCTAD reports that the value of international trade in goods has declined by about 5 percent in Q1 2020 and is expected to decline further by 27 percent in Q2 2020, though the pace of contraction has slowed in May
A new Border Control Post (BCP) is now available in the Port of Genoa, a SECH Terminal investment, located by the full-container facility's stacking yard
The OECD in its latest Economic Outlook reveals the projected impact the COVID-19 pandemic will have on global GDP in 2020
According to JOC, container carriers do not expect a significant market recovery in the coming months, thus they are extending their capacity reduction programs in the third quarter
According to data recently released by Port Economics on the top 15 European container ports in the first quarter of 2020, Genoa ranks as one of the few gateway ports to have maintained box volumes in line with the corresponding period of the previous year (+ 0.3%)
Although the May PMI figures for a swathe of advanced economies are still well below the 50-no change level, we are cautiously optimistic that output will stage a modest rebound this month
The public health emergency and ensuing major economic crisis triggered by the Covid-19 pandemic, which has had repercussions worldwide on all industrialised countries, has impacted heavily across all commodity and passenger sectors of the Western Ligurian Sea Port Authority
The Ports of Genoa, together with the maritime cluster, have identified data exchange digitalisation as strategic to the optimisation of port and terminal gate access, in line with the future integration of the Italian Port Community Systems/E-Port in the National Logistics Platform
Ports are wounded but still alive and open for business