MSC Invests in Feeder Fleet Modernization Boosts Chinese Shipyards

MSC Invests in Feeder Fleet Modernization Boosts Chinese Shipyards

Mediterranean Shipping Company (MSC) has launched a historic modernization program for its feeder fleet, planning to invest billions of dollars to order 120 new ships between 2026 and 2029, primarily from Chinese shipyards. This initiative aims to replace aging vessels while reinforcing MSC's leadership position in the global shipping market.

07/30/2025 Logistics
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Thai Baht Weakens Against US Dollar in Latest Analysis

Thai Baht Weakens Against US Dollar in Latest Analysis

As of August 9, 2025, 1,000 Thai baht can be exchanged for approximately 30.94 US dollars, with 1 US dollar valued at around 32.32 baht. The Thai baht exchange rate has remained stable over the past 30 days, reaching a high of 0.03097 dollars and a low of 0.030795 dollars, indicating overall market stability that supports international trade.