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APM Terminals willing to operate Balboa and Cristobal ports in Panama to support operational continuity

Following the recent announcement from the President of the Republic of Panama Jose Raul Mulino regarding the Balboa (Pacific) and Cristobal (Atlantic) terminals, APM Terminals confirms its willingness to assume the temporary operation of both terminals. This aims to...

Foreign workers needed, but at what cost? Korea debates ‘metropolitan visa’ plan

President Lee Jae Myung has sparked intense debate with his comments on the “metropolitan visa” policy, aimed at supplying foreign labor to Korea’s industrial regions. The controversy escalated after President Lee openly criticized the shipbuilding industry’s reliance...

Chicago PMI signals manufacturing sector expansion, surpasses expectations

The Chicago Purchasing Managers’ Index (PMI), a key indicator of the economic health of the manufacturing sector in the Chicago region, has reported a significant expansion. The actual reading for the index stood at 54.0, indicating a robust growth in the sector. This...

Samsung Heavy Industries resumes bonuses as profits surge on premium ship orders

Samsung Heavy Industries will pay performance bonuses for the first time in 12 years. The move comes as results improved significantly after clearing out low-priced orders and winning high value-added ship contracts. According to the business community on the 28th,...

Panama Canal ports will keep operating after court finds concession unconstitutional, president says

Panama’s president moved to assure the public on Friday that critical ports at both ends of the Panama Canal will continue to operate without interruption — a day after the country’s Supreme Court ruled that the concession held by a subsidiary of Hong Kong’s CK...

Hong Kong ‘firmly rejects’ court ruling cancelling concession on operating Panama ports

The court’s ruling followed an audit by Panama’s comptroller, which alleged irregularities in the 25-year extension of the concession granted in 2021. Hong Kong’s government on Friday said it “firmly rejects” a ruling by Panama’s top court that annulled a concession...

APM Terminals willing to operate Balboa and Cristobal ports in Panama to support operational continuity

Foreign workers needed, but at what cost? Korea debates ‘metropolitan visa’ plan

Chicago PMI signals manufacturing sector expansion, surpasses expectations

Samsung Heavy Industries resumes bonuses as profits surge on premium ship orders

Panama Canal ports will keep operating after court finds concession unconstitutional, president says

Hong Kong ‘firmly rejects’ court ruling cancelling concession on operating Panama ports

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