G20 International merchandise trade contracts in second quarter of 2018 : OECD

G20 international merchandise trade, seasonally adjusted and expressed in current US dollars, contracted in the second quarter of 2018 following eight consecutive quarters of growth. G20 exports declined by 0.6% and imports by 0.9%. In the second quarter of 2018, exports grew in Saudi Arabia (9.7%), India (5.7%), the United States (4.4%), Canada (4.4%), Russia
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G20 international merchandise trade, seasonally adjusted and expressed in current US dollars, contracted in the second quarter of 2018 following eight consecutive quarters of growth. G20 exports declined by 0.6% and imports by 0.9%. In the second quarter of 2018, exports grew in Saudi Arabia (9.7%), India (5.7%), the United States (4.4%), Canada (4.4%), Russia
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Dubai has reached a new milestone in its strategy for leadership in the international maritime sector after being selected as one of the world’s top five hubs in the International Shipping Centre Development Index (ISCD). Backed by legal and legislative excellence, Dubai is known for its advanced infrastructure, world-class maritime and logistics capabilities–a competitive environment
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G20 international merchandise trade, seasonally adjusted and expressed in current US dollars, increased for the eighth straight quarter, and at its fastest pace in two years, to reach new highs in the first quarter of 2018. G20 exports grew by 5.3 per cent and imports by 5.8 per cent. Robust export growth in the first
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TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) recently announced that the MOL-operated Tokyo International Container Terminal (TICT) reached a major milestone on August 21—a cumulative total of 20 million TEUs handled. The terminal started operations in November 1971, and in December of that year, the full containership Kamakura Maru, serving the Asia-Europe
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NCLOS is an acronym for the “United Nations Convention for the Law of the Sea”. The convention is also sometimes referred to as the “Law of the Sea” Convention or the “Law of the Sea treaty”. Before the UNCLOS came into force, there existed a school of thought known as “freedom-of-the-seas”. Thus, UNCLOS replaces the
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Mitsui O.S.K. Lines (MOL) President & CEO, Mr Junichiro Ikeda, has announced that the MOL-operated Tokyo International Container Terminal (TICT) reached a major milestone on August 21—a cumulative total of 20 million TEUs handled. The terminal started operations in November 1971, and in December of that year, the full containership Kamakura Maru, serving the Asia-Europe route,
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Dubai has scored a new milestone in its bid to cement its leadership in the international maritime sector after it was selected as one of the world’s top five in the International Shipping Centre Development Index (ISCD). Backed by legal and legislative excellence, Dubai is known for its advanced infrastructure, world-class maritime and logistics capabilities,
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In continuing its successful run of offering the best of services worldwide, NICO International wins the prestigious “Outstanding Performance Award 2018” awarded by NIIGATA Power Systems Co. Ltd. at Japan. The award was presented by Mr. Koji Sato – Director of customer service / head of spare parts division – NIIGATA power Systems Co. Ltd.
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Team Tankers International Ltd. (OSE: TEAM) reported EBITDA for the 2nd quarter of $6.7 million, compared with $2.5 million in the 1st quarter of 2018 (Q2’17: $3.1 million). Net income in the 2nd quarter of 2018 was $4.4 million compared with a net loss of $7.3 million in the 1st quarter of 2018 (Q2’17 net
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