Trade
Economy, COVID-19 pandemic resurgence, Industry trends

Firming up financial ecosystem for net-zero economy
In an interview with Maritime Faritrade, Yuki Yasui, managing director, Asia Pacific Network, Glasgow Financial Alliance for Net Zero (GFANZ), talked about firming up the

World Bank to tackle looming jobs crisis in Global South
The World Bank Group in August launched the High-Level Advisory Council on Jobs, a new initiative that will identify actionable policies and programs to address

UN calls for sustainable strategies to mitigate digital economy’s growing environmental impact
The UN Trade and Development (UNCTAD)’s The Digital Economy Report 2024 sheds light on the significant environmental impact of the global digital sector and the

Global trade to reach new high in 2024, says UN
Global trade is set to reach a record US$33 trillion in 2024, according to the latest Global Trade Update by

Global battery demand to quadruple by 2030, according to report
Global battery demand is expected to quadruple to 4,100 gigawatt-hour (GWh) between 2023 and 2030 as electric vehicle (EV) sales

Southeast Asia set to outpace China in GDP, FDI growth in next decade, says report
Southeast Asia is likely to outpace China in gross domestic product (GDP) and foreign direct investment (FDI) growth over the

Navigating conflation of global maritime trends in Asia
In Asia, global trade trends are shifting the directions that money is flowing in the maritime industry as diplomatic tensions

South Korea’s GDP to grow 2.6% in 2024, says OECD
The Korean economy is recovering from the global inflation shock, with gross domestic product (GDP) growth supported by strong exports. In order to boost resilience

Green fuels and the progress of decarbonization
In an interview with Maritime Fairtrade, Edwin Khew, chairman of the Sustainable Energy Association of Singapore (SEAS), deconstructs the profile of different alternative fuels and

Port of Rotterdam: Staying ahead of the curve
In an interview with Maritime Fairtrade, Robert Simons, vice mayor of Rotterdam, Netherlands, who is responsible for port, economy, hospitality and governance, said he believes

Joining the dots in Asia’s maritime connectivity
2024 has been a robust growth trajectory for GAC Malaysia, a shipping, logistics and marine services company. In April, GAC Malaysia signed a joint venture

Keeping up with changing needs of green ships



Singapore: Proactive decarbonization climate

Decarbonization: Bridging between research and action

Zero-carbon shipping an uphill but crucial climb

Green fuels: A balancing act

New standards of green transformation, digitalization uplift maritime industry
In an interview with Maritime Fairtrade, Steve O’Malley, chairperson of the ISO/TC8/SC25 (Maritime GHG reduction) committee and outgoing Chair of ISO/TC8/SC11 (Intermodal and short sea

Vietnam’s economy poised for gradual recovery, finds World Bank
Vietnam’s economy is showing mixed signs of recovery, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to

Steady global growth expected for 2024 to 2025, says new report
The global economy is continuing growing at a modest pace, according to the OECD’s latest Economic Outlook. The Economic Outlook projects steady global GDP growth

Lower economic growth, trade disruptions to impact development, says UN
While the global economic slowdown in 2023 was less severe than originally projected, UN Trade and Development (UNCTAD) in the latest report warns that further

Maritime drones: Mitigating risks, reaping full benefits
In the maritime industry, drones have found their place to provide an important function in the areas of deliveries, inspections of ships, and safeguarding national

CMA CGM: Decarbonization, shaping ecosystems key to going green
The International Maritime Organization (IMO)’s revised Greenhouse Gas (GHG) emissions targets in July 2023 are all the rage and talk of the town. In an

Decarbonization, digitalization in evolving maritime landscape
International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA), a non-profit technical association, has been guiding and guarding the evolving maritime sector, especially

Leading innovation, green progress in Estonian maritime industry
Attending Singapore Maritime Week 2024 for the first time was Sandra Särav, deputy minister for economy and innovation of Estonia. This was also the first

Disruptions in key shipping routes signal unprecedented challenges for global trade

Global gas demand set for stronger growth in 2024, says new report

Global coal demand expected to decline in coming years, finds new report

Philippines adopts new 10-year plan to develop maritime industry

Vietnam, World Economic Forum open Centre for Fourth Industrial Revolution

Philippines wants more volunteers to join coast guard amid tensions in West Philippine Sea
House Speaker Ferdinand Martin Romualdez is urging Filipinos to volunteer with the Philippine Coast Guard Auxiliary (PCGA) as tensions escalate

Philippines criticizes China for refusal to abide by international law in West Philippine Sea dispute
The Philippines has criticized China for using rhetoric and wordplay to deflect from its continued defiance of international law in
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