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20190419-saudi-weapons-orders

Saudi Weapons Order Shortage Has Yet To Cut Deliveries

President Donald Trump has vetoed a bill to withdraw U.S. military support to Saudi Arabia in the Yemen conflict. That’s come as U.S. export orders for weapons and military aircraft have slowed, reaching $35.8 billion in the past 12 months to Apr. 18 from $76.8 billion the same period 12 month... Read more →

20190419-suez-change

Canal Competition Continues as Panama Relaxes Restrictions

The Panama Canal Authority has authorized a further widening of the beam of vessels that can cross the Canal as it seeks to improve its competitive position versus the Suez Canal. The latter has seen a strong start to 2019 with a 9.6% year over year rise in the number of vessels using the Cana... Read more →

20190419-shipbuilding-orders

Shipbuilding’s Still Sinking at Start of 2019

The global shipbuilding industry has had a weak start to 2019. New vessel orders in China have slumped 70.4% year over year in 1Q. Meanwhile the remaining orderbook at Chinese yards fell to its lowest since Nov. 2017 at the end of March. The three largest export markets – China, Japan an... Read more →

20190418-panalpina-revenues

Panalpina Growth Parked Ahead of DSV Scale Push

Panalpina reported 5.0% year over year revenue growth in 1Q 2019, marking the slowest expansion by the freight forwarder since 1Q 2017. That’s largely been down to a 3.0% drop in ocean freight volumes due to a weak macroeconomic situation, according to CEO Stefan Karlen. The firm may have trie... Read more →

20190418-usmca-trilateral

USMCA Watch: Tangible Gains May Be Beaten by Tariff Politics

The U.S. ITC is scheduled to report on Apr. 19 as to the economic benefits of the U.S.-Mexico-Canada Agreement versus existing trade arrangements. The IMF has previously identified a net benefit from the new deal, but with reduced trade in some sectors. The analysis comes as trilateral trade b... Read more →

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