Imperial Petroleum Company, a subsidiary of StealthGas, described the following current trends in the tanker industry create attractive market opportunities. First of all, advances in technology, tanker modification, globalization and macroeconomic events are the main drivers affecting the global tanker shipping market and demand for shipping. The tanker
The Economic Commission for Latin America and the Caribbean (ECLAC) made an account of recent advances on automated vehicles in freight logistics. In general, technological advances for light-duty vehicles have spread to all alternative and low-emission fuels offered by the international market, but when the search intensifies in
The World Bank estimates that the gig economy is growing at an annual rate of about 33 percent. While the platform economy runs on digital platforms, the gig economy can refer to any employment in temporary positions for short-term commitments (for example, gigs in the entertainment industry). There
The companies Pacasmayo, UNACEM and Cementos Yura mainly supply the demand for cement in Peru. While Pacasmayo dominates the northern region of Peru, UNACEM supplies the central region and Cementos Yura focuses on the southern region. In 2020, the construction sector contracted 13.9% due to a 13.0% decrease
Global light vehicle production grew 10% year-on-year from January to September 2021, to 54.6 million units, according to data from IHS Automotive. In 2020, unprecedented industry disruptions related to the Covid-19 pandemic, particularly in the first half of the year, affected operations in all regions of the world.
Automobile manufacturers consume 18% of the world’s aluminum, according to the company Nami Corp. Nami is a Malaysian corporation primarily engaged in certain mineral trading and property exploration and mining activities located in Malaysia. With that percentage, car manufacturers are the main industrial consumers of aluminum globally. By