Gold production in Mexico from January to September 2022 grew at a year-on-year rate of 0.8%, to 60,455.2 kilos with metallic content, Inegi reported. While gold can be easily sold in numerous markets around the world and it is not difficult to determine its market price at any
UNCTAD indicated the revenues, profits and volumes of seven of the world’s top container shipping lines in 2021. Despite higher costs, container carriers made astronomical profits in 2021. Since the start of the pandemic, container carriers have had to cope with logistical constraints and rising fuel prices, but
The Port of King Abdullah in Saudi Arabia tops the ranking of the world’s best ports under the Container Port Performance Index 2022. Salalah, Hamad, Yangshan, Khalifa, Tanger-Med, Ningbo, Jeddah, Guangzhou, Yokohama, Algeciras, Cartagena, Cai Mep, Dammam, Port Said, Shekou, Chiwan, Tanjung Pelepas, Djibouti, Buenaventura, Kaohsiung, Barcelona, Port
In 2021, the top five container exporters, accounting for nearly half of the traffic, were China, the United States, Vietnam, the Republic of Korea and Japan. China alone accounted for about 30%, according to UNCTAD data. In the United States, the boom in the trans-Pacific route reflected the
The importance of maritime logistics to trade and development has never been more evident than in the past year globally. Historically high and volatile freight rates, congestion, closed ports and new demands on shipping in the wake of Covid-19 and the Ukraine war have had a measurable impact
World shipping is expected to grow less in 2022, only 1.4%, compared to 2021, when it recorded a 1.4% increase, at an annual rate, the United Nations Conference on Trade and Development (UNCTAD) projected. By 2022, UNCTAD expects maritime trade growth to moderate and by 2023-2027 to expand