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Oil Leaps Upward on Changes in Trump's Tariff Strategy
Apr 9, 2025 ... But analysts warn that this will harm demand anyway. ...
Trump: China Tariff to 125%, 90-Day Pause at 10% for Other Countries
Apr 9, 2025 ... have called representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to trade, trade ...
US Skips IMO's MEPC 83 Meeting and Warns Against GHG Deal
Apr 9, 2025 ... has withdrawn the US delegation from the IMO's MEPC 83 meeting this week, where shipping's regulatory body is deciding how best to implement its policy on curtailing greenhouse gases. A note sent ...
China Raises Tariffs on US Imports to 84%
Apr 9, 2025 ... will be increased to 84% from 34% previously as of the start of April 10, China's Finance Ministry said in a statement on its website on Wednesday. The Trump Administration had announced a 34% ...
Brent Crude Futures Drop Below $60/Bl for First Time in Four Years
Apr 9, 2025 ... from $62.82/bl at Tuesday's close. Front-month Brent futures last traded below $60/bl in February 2021. Oil and other commodity markets have dropped sharply over the past week in response to ...
Monjasa 2024 Profits Slide But Remain Third-Largest in Firm's History
Apr 9, 2025 ... a 40% drop in its profits in 2024, but the result remains the third-best in the company's history as its performance normalises from records seen in 2023 and 2022. The company saw a net profit ...
First Biomethanol-Powered Crew Vessel Enters Service
Apr 9, 2025 ... firm Northern Offshore Services has taken delivery of a biomethanol-powered crew transfer vessel (CTV). The M/V Transporter will exclusively run on biomethanol, making it the world's ...
NBBB Wins Contract for Two Electric Ferries for San Francisco Bay Ferry
Apr 9, 2025 ... Brothers Boat Builders (NBBB) has won a contract from San Francisco Bay Ferry to design and construct two battery-powered ferries. The ferries will be capable of carrying 400 passengers ...
Grimaldi Group Orders Nine Vessels from Chinese Shipyard
Apr 9, 2025 ... up to 2,500 passengers along with over 300 vehicles. "With the order of these nine extraordinary ro-pax vessels, we continue and strengthen our long, successful alliance with China Merchants ...
World's First Hydrogen-Fuelled Cruise Ship Set for Delivery Next Year
Apr 9, 2025 ... Viking Astrea, is also under construction at the Ancona shipyard and is scheduled for delivery in 2027. In addition to these projects, Fincantieri and Viking have signed an agreement to ...
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US-China Tariff Truce May Trigger Early Peak Season for Container Shipping: Xeneta

US-China Tariff Truce May Trigger Early Peak Season for Container Shipping: Xeneta

The 90-day easing of US-China tariffs will bring relief to businesses, but also short-term pressure on freight rates and longer-term uncertainty.

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U.S./China Breakthrough Buoys Oil, But Market Still Mired In Bearish Sentiment

U.S./China Breakthrough Buoys Oil, But Market Still Mired In Bearish Sentiment

S&P predicts a major decline in U.S. crude production for 2026.

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Seafarer Safety Takes Center Stage in ClassNK's Ammonia Vessel Guidelines

Seafarer Safety Takes Center Stage in ClassNK's Ammonia Vessel Guidelines

ClassNK has issued guidelines for safe operation onboard ammonia-fuelled vessels.

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