Business

The dust has settled from the U.S. Presidential election, at least somewhat, and now people are looking how to optimize the situation and move forward. There is a sense of uncertainty, regardless of what side of the political spectrum you may be on, however, because Donald Trump is an unknown …

Australia isn’t giving any Visa’s for free to any Pakistani Passport Holders, nor did the Australian government announce about Pakistani passports to be visa-free. Many people on social media, such a Facebook and Twitter have shared fake news about Australian government allowing Pakistani passport holders to be visa-free in Australia. …

Curtail Labor Costs Through Exact Timekeeping Running a business is expensive, and cutting out unnecessary spending is integral to maintaining profitability. Anywhere the rough edges can be trimmed is an area where they should be trimmed, and one of the best ways to start is by exact timekeeping. When are …

In this modern era of technology where hybrid cars and electric trains are a norm now, Mercedes is busy completing the documentation of these new automobiles and is finishing the work by filing its trademarks for these vehicles. The German brand is working hard to bring its new competitor to …

Perth International Airport officials have announced that the main and cross runway’s will be temporarily closed at different timings from April to September 2016. The reason for closing the runways is to upgrade the infrastructure to a Category III (CAT III) aerodrome to improve visibility during inclement weather, such as fog. …

The spot rates on Asia-Europe trade routes fell to historic lows, dropping with 32% during the last week, reported Shanghai Container Index (SCFI). The index rates on Asia-Europe routes fell by 214 USD, reaching 444 USD per TEU, which is the lowest level in the history of the maritime transport. …

Hyundai Heavy Industries built its 2000th ship since its establishment in 1970. The South Korean shipyard completed the building and delivered the 2000th vessel to Diamond Offshore Drilling Services. The millennium vessel for Hyundai Heavy Industries is the drillship Ocean BlackLion. The shipbuilder is the first, which reached such record. …

Import volumes through Vladivostok port decreased by 40% for the first four months of 2015, compared with the same period last year. The decline occurred in almost all products, as motor vehicles and parts import decreased with 50%, equipment with 60%, meat and meat products by 40%. Also according to …

The Norwegian Golar LNG chartered six LNG carriers to the Swiss energy trader Trafigura. The vessels were time chartered until September and will transport liquefied natural gas to the newest tender of Trafigura – Argentina. The financial terms of the charter are not disclosed, but according to official sources, the …

The container operator CMA CGM increases capacity in Asia-North Europe routes, launching two new loops. The French container line will increase its capacity on the important trade route from 1 million TEU to 1.3 million TEU and the vessels engaged into the loops from 87 to 106. With such number …