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February 5, 2025
The U.S. Department of State announced on Wednesday that American government vessels will be able to transit the Panama Canal free of charge. The Department of Transportation posted on X that "the government of Panama has agreed not to charge fees to U.S. The agreement is expected to save the U.S.
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February 5, 2025
The Energy Information Administration (EIA), which is responsible for the U.S. Energy industry, announced on Wednesday that crude oil and gasoline stocks in the United States increased while distillate inventories fell. The EIA reported that crude inventories increased by 8.7 millions barrelsâŚ
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February 5, 2025
The U.S. will continue to transition away from fossil fuels and towards renewable energy despite the tariffs imposed by President Donald Trump, according to the CEO of the power plant manufacturer Wartsila. The President has outlined a comprehensive plan to maximize oil production.
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February 5, 2025
Hapag-Lloyd, a container shipping liner, will be able cope with U.S. Tariffs on Chinese Products. This was the chief executive's message to reporters on Tuesday. Rolf Habben Jansen, CEO of Rolf Habben Jansen, said that it was too early to panicâŚ
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February 5, 2025
Norwegian Line Holdings and Italian shipbuilder Fincantieri announced on Wednesday that they had reached an agreement for four new cruise ships. A source familiar with the matter estimated that this deal was worth approximately 9 billion euros (9.34 billion dollars).
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February 5, 2025
Two trade sources who have direct knowledge of this matter say that China has delayed the imports of up 600,000 metric tonnes of wheat, mostly Australian, and offered some of those cargoes to buyers other than itself as domestic supplies are reducing demand in the top grain buyer in the world.
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February 4, 2025
Goldman Sachs said on Tuesday that it expected Beijing's retaliatory duties in response to the new U.S. sanctions against Chinese products to have a limited impact on energy costs. The 10% tariff imposed by President Donald Trump on Chinese products went into effect at 12:01 am.
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February 3, 2025
New Jersey's regulator of public utilities announced on Monday that it will not award new contracts for offshore wind, just days after Shell pulled out of the one project where a final bid had been submitted. Uncertainty regarding federal support of the industry.
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February 3, 2025
Two industry sources who are familiar with the calculations and data say that the daily output of Kazakhstan's biggest field, Tengiz has reached a new record high in late January. This is a 45% increase from the average for 2024. The KazakhâŚ
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February 2, 2025
A spokesperson for the State Department said that U.S. Secretary Marco Rubio informed Panamanian President Jose Raul Mulino during talks on Sunday that Donald Trump had determined that China's influence threatened the Panama Canal, and that urgent changes were required or the U.S. might act.
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February 2, 2025
Marco Rubio, the top Trump administration diplomat, began his first overseas visit to Panama on Sunday. He was scheduled to meet Panamanian president Jose Raul Mulino and discuss U.S. concern about Chinese companies that could affect U.S. shippingâŚ
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January 31, 2025
Mauricio Clever-Carone, U.S. Special Envoy for Latin America said that China's presence near the Panama Canal was a concern to Panama's national security, just days before the top U.S. diplomat Marco Rubio visited the country. Rubio is scheduled to depart for his first overseas trip on Saturday.
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January 30, 2025
Officials said that an American Airlines regional passenger plane and a U.S. Army Black Hawk chopper crashed into the icy Potomac River on Wednesday night after colliding in midair near Reagan Washington National Airport. The Sikorsky UH-60âŚ
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January 30, 2025
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. -British car parts group Dowlais agrees $1.49 bln U.S. -Harland & Wolffâs new Spanish owner Navantia will investâŚ
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January 28, 2025
Royal Caribbean's annual profit forecast was largely higher than analysts expected on Tuesday. The company attributed the increase to increased bookings for private cruises, as well as premium trips to the Mediterranean region and Alaska. TheâŚ
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January 28, 2025
These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. The cryptocurrency exchange KuCoin has pleaded guilty to allegations that it was operating as a money-transmitting company without a license in the U.S.
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on
January 24, 2025
China's coastguard said that the Philippines sent a civilian ship to deliver supplies to its warship, which was "illegally anchored" on Second Thomas Shoal in the South China Sea. In a press release, the coast guard said that it "questioned"âŚ
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January 24, 2025
This week, exporters rushed to load and ship containers from Shenzhenâs Yantian Port - one of the largest container ports in the world - before an eight day Lunar New Year break and ahead of potential U.S. duties on Chinese products. YantianâŚ
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January 23, 2025
White House announced on Wednesday that the U.S. Military will be sending 1,500 more active-duty soldiers to the border of Mexico. This comes just two days after Donald Trump signed his executive order on immigration. These additional troopsâŚ
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January 22, 2025
The White House announced that U.S. president Donald Trump re-designated Yemenâs Houthi Movement, known officially as Ansar Allah as a âforeign terror organizationâ on Wednesday. The Biden administration had imposed harsher economic sanctionsâŚ
