Global Marine Lubricants Market to Grow by 2.17% to Hit USD 6.66 bln in 2023
23.01.2019The global marine lubricants market is estimated to be USD 5.98 billion in 2018 and is projected to reach USD 6.66 billion by 2023, at a CAGR of 2.17% from 2018 to 2023.The growth of the market is driven by the emerging alternative technology trends, said a report by Research and Markets.
learn more →What Does 2019 Hold For The Container Port Industry?
23.01.2019As we welcome in 2019, we share our thoughts on the key issues and trends likely to affect the container ports and terminals sector in the year ahead.
learn more →5 energy trends that will run the world in 2019
22.01.2019As the global community becomes more interested in- and aware of- the devastating impacts of climate change, more and more industries have shown a shift towards environmentally-friendly solutions. Meanwhile, smart technology seems to emerge in every aspect of business operations. While the world’s need for energy seems to be insatiable, the sources of it are going through a drastic change.
learn more →Trade in services rises faster than trade in goods, report finds
22.01.2019The McKinsey Global Institute published the report Globalization in transition: The future of trade and value chains, analyzing the dynamics of global value chains. The report found structural shifts that have been hiding, and noted that global value chains are being reshaped by rising demand and new industry capabilities.
learn more →Port of Piraeus benefits from China-Greece cooperation
21.01.2019Port of Piraeus is for the time being the second largest port in the Mediterranean Sea. After COSCO's enter in the port, its annual throughput capacity was increased from 0.68 million TEUs to 4.15 million in 2017. Mainly, the growth, the port of Piraeus has experienced in recent years, is the result of the cooperation between Greece and China, based on the Belt and Road initiative.
learn more →IMO: Which amendments entered into force from 1st January 2019
21.01.2019As of 1st January 2019, amendments to the bunker delivery note have entered into force, relating to the supply of marine fuel oil to ships, which have fitted alternative mechanisms to comply with the IMO's 2020 sulphur cap. Other amendments that entered into force this year include the IMSBC Code 2017 amendment and the amendments to designate North Sea and Baltic Sea as ECAs, while the data collection on fuel oil consumption also begins.
learn more →