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International Maritime

UNCTAD Predicts Slower Maritime Growth Trade In 2022

The United Nations Conference on Trade and Development (UNCTAD)  has predicted that maritime trade growth will slow to 2.4%, compared to 2.9% over the past two decades. UNCTAD said in the Review of Maritime Transport 2021…

PIL Set To Repay $1bn In Restructuring Debts 

Singapore-headquartered PIL was rescued by Temasek Holdings unit Heliconia Capital Management in a $600m restructuring deal the end of the first quarter of this year under a court sanctioned Scheme of Arrangement. PIL is now…