BusinessNews

IEA: Government Policy Critical Driver for Global Energy Future

By MarEx 2018-11-12 19:34:48

At a time when geopolitical factors are exerting new and complex influences on energy markets, the World Energy Outlook 2018 published by the International Energy Agency (IEA) states that government policy will be critical to the future shape of the energy sector. While the geography of energy consumption continues its historic shift to Asia, the report finds mixed signals on the pace and direction of change. Oil markets, for instance, are entering a period of renewed uncertainty...

Virgin Hyperloop One Announces New Leadership Team

By MarEx 2018-11-12 18:43:07

Virgin Hyperloop One has announced that Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, has been elected as its new Chairman. The announcement follows a new round of funding which means DP World will become Virgin Hyperloop One’s largest investor. Jay Walder has been appointed as its new CEO and will also join the company’s board of directors. Walder has served as Chairman and CEO of the Metropolitan Transportation Authority in New York, CEO of the MTR...

A Siemens staff member (middle) explains the company’s decentralized energy distribution system to visitors.

Deals Made at China's Import Expo Top $57 Billion

By MarEx 2018-11-10 16:10:40

The China International Import Expo ended on Saturday, with the value of intended deals topping over $57.8 billion, according to the CIIE Bureau. Belt and Road deals made up about $4.7 billion of this. The expo, held in Shanghai, was attended by over 3,600 companies from 151 countries. The Bureau reports that deals relating to high-end intelligent equipment were worth over $16.5 billion, consumer electronics $4.3 billion, autos $12 billion, food and agricultural products $12.7 billion and trade services $3.2...

China's “Trail-Blazing” Import Expo Opens

By MarEx 2018-11-05 18:53:46

China is holding it's first international import expo in Shanghai between November 5 and 10, and Chinese President Xi Jinping opened the event calling it a "trail-blazing" move in the history of international trade development. The nation's China International Import Expo is "a major measure for China to take the initiative to open its market to the world," Xi said. "All countries should be committed to opening up and oppose protectionism and unilateralism in a clear-cut stand." With the slogan...

Senior Marketing Manager

By MarEx 2018-11-01 09:14:53

Objective To increase the Company’s market presence. To strengthen to Group’s project management capabilities. Goal Expand Client base portfolio. Within a reasonable timeframe, achieve Manager position of the Company. Job description Market the Group’s services to cruise ship operators. Proactively compete for core Clients ongoing dry-dock and in-service requirements. Prepare with support of group Project Managers detailed project proposals. Follow-up with Group Project Managers and keep Client updated on project progress. Support back office Staff on project completion summaries and...

CMA CGM Strengthens Grip on CEVA Logistics

By MarEx 2018-10-25 01:46:01

CMA CGM and CEVA Logistics have signed a new partnership agreement that ensures CMA CGM's role as a long-term strategic partner and transfers its freight management services to CEVA Logistics. The agreement entails the removal of the drag along clause in the relationship agreement previously entered into and covers a voluntary public tender offer from CMA CGM, for a value of 30 CHF per share in cash, for the CEVA Logistics shareholders who wish to sell their shares despite the value...

BIMCO Analyst: Cool Down of Globalization Will Make Us All Poorer

By Paul Gonzalez-Morgan, Editor Marine Strategy 2018-10-24 17:25:52

Peter Sand is Chief Shipping Analyst at BIMCO, the world's largest international shipping association, with 2,000 members in more than 120 countries comprised of shipowners, operators, managers, brokers and agents. Peter has worked for Statistics Denmark, compiling public accounts and doing international statistical work in relation to the European Union and United Nations. He then joined D/S NORDEN and during the rise and fall of the dry bulk markets, Peter gained experience in...

The National Exhibition and Convention Center in Shanghai.

China Readies for First Import Expo

By MarEx 2018-10-23 20:26:21

China will be holding it's first international import expo in Shanghai between November 5 and 10. Announced at the May 2017 Belt and Road Forum in Beijing by President Xi Jinping, the expo is part of an attempt to shift the nation's trade strategy from export promotion and trade surpluses to “balanced trade.” In the next five years, China is expecting to import over $10 trillion in products and services. In particular, the strategy aims to obtain high technology equipment...

Export Sales Manager - Marine

By MarEx 2018-10-19 10:34:29

1 position – Export Sales Manager - Marine Location: Ontario, Canada Candidate must be authorized to work in Canada without sponsorship and willing to relocate to Ontario. Hydro Tech Inc. is a highly successful company based in Sault Ste. Marie, Ontario, Canada providing hydroelectric mechanical services and bearing expertise internationally. We are looking to expand our marine bearing market and are seeking an experienced Export Sales Manager. Job The Export Sales Manager will manage the planning, execution and evaluation...

U.S. Tops Global Competitiveness Index

By MarEx 2018-10-17 20:33:50

The changing nature of economic competitiveness in a world that is becoming increasingly transformed by new, digital technologies is creating a new set of challenges for governments and businesses, according to the World Economic Forum’s Global Competitiveness Report. According to the report, many of the factors that will have the greatest impact in driving competitiveness in the future have never been the focus of major policy decisions in the past. These include idea generation, entrepreneurial culture, openness and agility. The...