Foreign direct investment (FDI) flows to developing countries fell by 9% to $841 billion in 2023, according to UNCTAD’s latest Global Investment Trends Monitor, published on 17 January. Developing countries in Asia felt the brunt of the decline, registering a 12%...

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The Baltic Sea port of Ust-Luga was exporting crude oil and fuel on Tuesday apart from at Novatek’s NVTK.MM terminal which remained closed after being damaged by fire, according to data from LSEG and industry sources. Novatek said on Sunday it had been forced to...

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Iron ore futures climbed on Tuesday to their highest level in more than a week, as investor confidence was boosted after policymakers in top consumer China pledged to stabilise its market. The most-traded May iron ore contract on China’s Dalian Commodity Exchange...

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The CMA CGM Group, a global player in sea, land, air and logistics solutions, announces the upcoming arrival of CMA CGM SCANDOLA at the new Lekki Deep Sea Port in Nigeria on Sunday, the 28th of January. Before reaching Lekki, the vessel will first call the port of...

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Leading provider of secure maritime data communications software, GTMaritime, has responded to growing demand for its products and services by opening an office in Greece and appointing two new executives to its sales team. Last year, the company reported a 35%...

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