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🔥Maersk Ocean Performance Revealed
🌐US Trade: Mexico Rises
🛳️ Newbuild Prices Soar
⭐ Global Trade Rebounds
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*Containership at Paris
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🔥Maersk Ocean - Revenue Vs. Cost Vs. TEU
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🌐 US Trade 2023: Mexico Tops, China Slips, Deficits Persist
Mexico became the US’s top trade partner, surpassing China.
Top partners: Mexico, Canada, China, Germany, and Japan.
US trade deficit reached $1 trillion, led by China and Mexico.
Major US imports: vehicles, electronics; exports: oil, aerospace.
Mexico sold $475 billion to the US, surpassing China’s $427 billion.
🛳️ Newbuild Prices Surge 52%, Hitting 2008 Peaks
Newbuild prices are up 52% since 2020, reaching 2008 highs.
Average 2024 price is $90m, driven by green tech and larger ships.
High demand for containerships and gas carriers pushes prices up.
Shipyard orderbooks have surged across sectors this year.
Experts warn of risks due to geopolitical uncertainties.
⭐Global Trade Rebounds Despite Conflicts and Uncertainty
2024 trade growth forecast raised to 2.7%.
Asian exports strong, European trade lags.
Lower inflation boosts demand as central banks cut rates.
Global GDP growth steady at 2.7%.
2025 trade forecast lowered to 3.0%.
