Slumps
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Port News
Hong Kong flag slumps 12.6% as Singapore surges ahead amid trade turmoil
The latest World Fleet Monitor published by Clarksons Research confirms a switch in the leaderboard of shipping registers, with Donald…
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Marine World
French Shipping Giant Hails US-China Deal After Freight Slumps
Rodolphe Saade, Chief Executive Officer of CMA CGM SA, the world’s third-largest container carrier, hailed a truce in the trade…
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Marine World
Hapag-Lloyd Seeks Cost Cuts as Net Profit Slumps
By Vera Eckert and Elke Ahlswede FRANKFURT, March 14 (Reuters) – German container shipper Hapag-Lloyd on Thursday said global vessel oversupply and a crisis…
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Marine World
U.S. Total Trade Slumps to Lowest Level in Almost a Decade
Exports declined from the prior month by 20.5%, the biggest drop in comparable data back to 1992, to $151.3 billion.…
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Marine World
Oil Slumps to 18-Year Low as Saudi Arabia Ramps Up Price War
For the last 10 days, Riyadh has issued nearly daily statements raising the stakes in its shock-and-awe battle with Moscow,…
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