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USA Revives South and Southeast Asia Infrastructure Projects

May 22, 2017 12:05 am Published by

The United States has revived two major infrastructure projects in South and Southeast Asia, the ‘New Silk Road’ project, and the Indo-Pacific Economic Corridor. Both projects could potentially counter China’s Belt and Road initiative and involve India as a major …

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KAMCO Take Possession of 20 Ships Worth US$344 Million

May 11, 2017 12:05 am Published by

South Korea’s debt clearing house – Korea Asset Management Corp. (KAMCO), is set to take possession of 20 shipping vessels worth 390 billion won ($344 million). The vessels are currently owned by six Korean shipping firms, including SM Line Corp., …

hanjin korean shipping line

Kongsberg Will Build Autonomous, Electric Container Ship

May 10, 2017 12:05 am Published by

Kongsberg Maritime (Norway) has announced plans to build the world’s first autonomous, electric container ship. The vessel, which is being developed in collaboration with Yara international, will be used as a feeder vessel to transport products to nearby container shipping …

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UK Factories Saw Their Strongest Export Orders in Six Years

May 3, 2017 12:05 am Published by

The Confederation of British Industry's (CBI) quarterly measure of manufacturing showed UK factories saw their strongest export orders in six years in early 2017.

UK manufacturers are enjoying strong growth in demand from customers in the UK and overseas, and

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