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EU imports from China to soar to 472 billion in 2021

EU imports from China have experienced an average annual growth of 6% between 2011 and 2021, according to Eurostat. Trade between the European Union (EU) and China increased “significantly” in 2021, Eurostat says. Both the bloc’s exports and imports...

Booming container market helps drive shipbuilding recovery

The recent recovery in overseas shipbuilding activity came with the gradual recovery of the container sector from the fourth quarter of 2020. As freight rates started to rise and shipowners saw their competitors ordering new ships, they quickly followed suit. That is...

Asia Free Trade Agreement goes into effect

As of 1 January 2022, the Regional Comprehensive Economic Partnership (RCEP), the world’s largest multilateral trade agreement, has gone into effect. The RCEP covers 15 states, including China, Japan, the Republic of Korea, Australia and New Zealand. Their...

Blockchain, Logistics and Portuguese Companies

Blockchain is here to stay and to regulate transactions between various players and, therefore, may in the near future leave companies that do not know how to invest in this technology and trend off the business stage! This technology, Blockchain, was initially...