Shipping is the most carbon-efficient mode of transport, with the lowest carbon dioxide (CO2) emissions per distance and weight carried. According to a report published by the European Commission, international shipping accounts for less than 3% of annual global CO2 and produces fewer exhaust gas emissions (including nitrogen
DNV, an accredited logging and classification company based in Høvik, Norway, expects international shipping by maritime transport to grow over the coming decades. The company has projected an increase in shipping volumes for all ship categories through 2050, except for oil shipping, where ton-miles will drop by more
Germany‘s real public investment increased about 4% per year on average during 2015-2020 and then grew 1% in 2021 in nominal terms, but decreased 3.7% in volume, due to rising construction costs and supply shortages. Likewise, according to a report published by the European Commission, at 2.5%, the
The three-month moving average of real remittances to Mexico decreased for the third consecutive month in March, falling 2.4% from February. Month over month and without adjusting for seasonality, remittances fell 4.2 percent. From the perspective of the Federal Reserve Bank of Dallas, remittance flows to Mexico are
Property sales slowed sharply in China, while home prices and construction activity also slowed, according to a Federal Reserve report. Customers typically make payments to construction companies before project completion, and the adverse dynamic could be amplified, according to the Federal Reserve, if buyers lose confidence in developers’
The automotive industry accounts for 11% of global semiconductor demand, according to the Semiconductor Industry Association. With that data in context, although India‘s auto exports experienced an average growth of 17.5% during the 12 months ended March 31, 2022 compared to the equivalent cycle of 2019-20 (before the