The ocean freight market is poised for significant changes in 2025, influenced by global economic trends and the upcoming US presidential election. Industry experts predict a slowdown in container volume growth, with forecasts ranging from 3.0% to 4.0%, following a robust increase of 5.0–6.0% in 2024. This deceleration reflects a normalization of trade patterns after […]
Related Posts
Ecuador Shifts Stance on Western Sahara, Backs Morocco’s Autonomy Plan
Ecuador’s recent decision to withdraw recognition of the Sahrawi Arab Democratic Republic (RASD) marks a pivotal moment in its diplomatic relations with Morocco. This move aligns with Morocco’s strategic efforts under King Mohammed VI to assert sovereignty over Western Sahara and promote its autonomy plan as the most viable solution to the ongoing regional conflict. […]
Taiwan Unveils First Homegrown Submarine
Taiwan recently displayed its first domestically-made submarine, boosting its defense arsenal. President Tsai Ing-wen initiated this project back in 2016, aiming to build eight submarines. Named “Hai Kun,” which means “mythical sea creature,” the vessel made its debut in Kaohsiung, a southern port city. Tsai celebrated the event, saying, “Today is historic. We’ve achieved a […]