News on US.
The crew of the Frontline ship which was attacked in the Gulf of Oman last week has now either returned back home of back on board the ship, informs the company.
Several tanker companies have ships headed for the Gulf of Oman and during the next few days they will decide whether to continue doing business in the region. There are concurrent reports of high day rates, the head of a larger tanker pool tells ShippingWatch.
Two tankers were attacked in the Gulf of Oman Thursday, it is still unknown who is to blame. OW Bunker's former CEO in Singapore, Lars Møller, is going to prison for five years, Get an overview of this week's top picks.
US officials have released a video they say show Iran was involved in an attack on an oil tanker near the entrance to the Persian Gulf on Thursday, one of a pair of incidents that have raised tensions between the US and the Islamic Republic over the past day. Watch the video here.
The US state of Connecticut passes a bill to raise its target for offshore wind, allowing expansion of wind farms. This is in line with the strategy of wind service ship operator Esvagt, which is to expand to the US, CEO tells ShippingWatch.
A trade deal with China could push the US to the top of the list of LNG suppliers to China, projects Morgan Stanley. The bank says a deal could boost the US' share of Chinese gas imports to more than 20 percent by 2025.
US President Donald Trump again threatened to raise tariffs on China if President Xi Jinping does not meet with at the G-20 summit in Osaka, Japan, later this month.
US President Donald Trump is prepared to introduce tariffs on more Chinese goods. "I could go up another at least USD 300 billion, and I'll do that," Trump tells Bloomberg.
The US is no longer actively working to postpone the start date for the 2020 regulations, reports the Wall Street Journal. The US feared that the regulations would result in higher fuel prices.
Supply of LNG has grown considerably, and studies indicate that this trend will continue for many years. US will control a growing supply, China will be the main buyer, shows McKinsey report.
China announces it will introduce tariffs on US goods from June 1 this year. This happens after the US increased its tariffs on Chinese goods last week.
China yet to retaliate against the US after Trump decided to raise tariffs on Chinese goods last week.
US president Donald Trump has made good on his threats and has just increased tariffs on several Chinese goods to 25 percent. China intends to retaliate. Flexport is already feeling the effects, informs the company.
China is considering delaying a trip by its top trade negotiators to Washington this week, according to people familiar with the matter, after US President Donald Trump threatened the country with steeper tariffs over the pace of trade talks.
Four shipping companies carrying oil from Venezuela are hit with sanctions by the US. More than 40 vessels in total are affected by sanctions, writes Reuters.
The US exported 1.4 million tons soybeans to China in January, the highest level since the trade war began, writes shipping association Bimco in an analysis.
The WTO has once again lowered its expectations for global growth. Next week the IMF will present its projections, which the IMF head indicates will also be lower. New customs tariffs between the US and China as well as uncertainty surrounding Brexit are key factors.
The much-anticipated meeting between US President Donald Trump and China's President Xi Jinping to sign an agreement to end their trade dispute will likely be pushed back to April at the earliest, sources say.
The acting chairman of the US Federal Maritime Commission has now been given the job permanently by President Donald Trump.
Den er der ikke endnu, men efter et dyk omkring nytår er olieprisen ved at krydse 65 dollars per tønde og har dermed retning mod de 71 dollars, som den gennemsnitlige pris lød på sidste år. Godt for offshoreinvesteringerne. Dyrt for shipping.
The US should support the sulfur regulations and implement them in a timely manner, says the powerful US oil lobby in a letter to the White House, thus increasing its pressure on President Donald Trump.
Ahead of expected trade talks next month, China has made efforts to end the trade dispute with the US, yet the country is also unsure it has done enough.
Brazil's export of soy beans to China has increased due to the trade war between China and the US. But Brazil is prepared if China calls off its tariffs on US soy beans, says agriculture minister.
As China's President Xi Jinping works toward a trade deal with the US, China resumed its buying of US soybeans in a move that brings some relief to US farmers.
The Jones Act prevents foreign shipping companies from competing freely on the US market, for instance the offshore carriers servicing the wind sector, which are currently trying to enter the country. (edited).
Executive, Operations - BW LPG
Treasury Risk Manager with focus on financial risk management - Group Treasury, Bunker Holding
