Trading partners prepare counter to new Trump tariffs
Representatives from the EU, Canada, Mexico, Japan and South Korea meet in Geneva on Tuesday to coordinate a counter-response to what could be the joker in Trump's tariff war – namely tariffs on the import of cars.
Hafnia, Torm, Norden and Scorpio Tankers have seen big profits this year in a strong tanker market, which has been highly affected by Russia’s war in Ukraine. The carriers are now sending record-high dividends out to stakeholders.
Demand on the majority of busy container routes is now at its lowest level in three years, an influential analyst bureau reports, saying volumes may continue to plummet beyond the Chinese New Year in February.