COSCO, Firm Complete Trial Of 5G Smart Seaports

COSCO, Firm Complete Trial Of 5G Smart Seaports

An automated driverless truck for containers on Monday delivered containers to load a containership and collected unloaded containers from the vessel at the Port of Xiamen, passing a trial run as part of a project aimed at developing 5G smart...
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Mazda Seeks $2.8b Loans

Mazda Seeks $2.8b Loans

 Mazda Motor Corporation has sought loans totalling about 300 billion yen ($2.8 billion) from Japan’s three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday.The megabanks &#...
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South Korea Begins Work On Small LNG Vessel

South Korea Begins Work On Small LNG Vessel

South Korea has started building a small liquefied natural gas bunkering vessel as part of a project backed by the Ministry of Oceans and Fisheries. A steel-cutting ceremony to mark the construction of the 500 cubic meter capacity LNG bunkering...
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Uber Loses $2.9b In Q1

Uber Loses $2.9b In Q1

For the first quarter of 2020,  Uber lost $2.9 billion as its overseas investments were impacted by the coronavirus pandemic.  Meanwhile, the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain.T...
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Lufthansa To Double Schedule In June

Lufthansa To Double Schedule In June

Germany’s Lufthansa on Friday said it would roughly double its schedule in June, putting 160 planes into the air to carry passengers to 106 domestic and foreign destinations, the airline announced from its Frankfurt Headquarters.Lufthansa, along with its sub...
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Covid-19: Protecting Workers In The Workplace

Covid-19: Protecting Workers In The Workplace

COVID-19 lockdown  and containment measures threaten to increase relative poverty levels among the world’s informal economy workers by as much as 56 percentage points in low-income countries, says a new briefing paper  issued by the International Labour...
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UNECA: Africa Will Lose $65b To Full Lockdown

UNECA: Africa Will Lose $65b To Full Lockdown

Mr Stephen Karingi, Director, Regional Trade and Integration, United Nations Economic Commission for Africa (UNECA), says African economy will lose 65 billion dollars if there is a full lockdown of the continent due to COVID-19.Karingi said this during the Wor...
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Uber Sacks 3,700 Full-Time Staff

Uber Sacks 3,700 Full-Time Staff

Uber has announced plans to cut 3,700 full-time staff – about 14% of its workforce – as business plunges following pandemic shutdowns. Chief executive Dara Khosrowshahi will also waive his base salary – set at $1m (£809,690) in 2019 –....
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UK Overtakes Italy As Worst-Hit Country In Europe

UK Overtakes Italy As Worst-Hit Country In Europe

Britain has overtaken Italy as the worst-hit country in Europe by the novel coronavirus, according to the latest official figures released on Tuesday. Chairing Tuesday’s Downing Street press briefing, Foreign Secretary, Dominic Raab, said another 693 COVID-1...
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Terminal Development Suspended As COVID-19 Persist

Terminal Development Suspended As COVID-19 Persist

The Port of Seattle has delayed the development of the proposed  Terminal 46 cruise terminal as it needs to investigate the impact of the coronavirus pandemic on the market before proceeding. The cruise industry has been severely impacted by the...
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Guangzhou: Facts, Solidarity and Cooperation

Guangzhou: Facts, Solidarity and Cooperation

 By Sun Saixiong Testing, testing, testing. To defeat the COVID-19 pandemic, testing is crucial for all, worldwide. Guangzhou, the capital city of Guangdong Province in China, is no exception.  As of April 23, altogether 138,700 residents in Guangzhou, ...
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ILO: Nearly Half Of Global Workforce At Risk Of Losing Livelihoods

ILO: Nearly Half Of Global Workforce At Risk Of Losing Livelihoods

The continued sharp decline in working hours globally due to the COVID-19 outbreak  means that 1.6 billion workers in the informal economy – that is nearly half of the global workforce – stand in immediate danger of having their livelihoods destroyed, t...
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IMO, Customs, Others Seal Partnership On Maritime Digitalization

IMO, Customs, Others Seal Partnership On Maritime Digitalization

A new partnership between the International Maritime Organization (IMO), the World Customs Organization (WCO), the United Nations Economic Commission for Europe (UNECE) and the International Organization for Standardization (ISO) has been signed to support the...
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Nigeria Probes Alleged Abuse Of Nigerians In China

Nigeria Probes Alleged Abuse Of Nigerians In China

The Nigerian Government has launched an investigations into the alleged abuse and maltreatment of Nigerians in China since the outbreak of the dreaded Coronavirus (Covid-19) pandemic.There have been a wave of outcry over the alleged attacks and abuse of Nigeri...
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