Global commodity trader Gunvor has withdrawn its proposal to acquire Lukoil’s international assets after the U.S. Treasury Department signaled it would block the transaction and… Weiterlesen »Gunvor Drops Bid for Lukoil’s Overseas Assets After U.S. Calls It ‘Kremlin’s Puppet’

China has commissioned its first indigenously designed aircraft carrier after months of sea trials, and named it the Fujian, after the province facing Taiwan across… Weiterlesen »China’s Third Aircraft Carrier, the Fujian, Enters Service

The US is pushing forward on President Donald Trump’s pledge to pause a series of penalties aimed at China’s shipbuilding industry, a key concession in… Weiterlesen »Trump Plans One-Year Pause on Port Crane Duties, China Ship Fees

The South Korean-owned Philly Shipyard in the United States does not currently have the capability to build a nuclear-powered submarine, Prime Minister Kim Min-seok said… Weiterlesen »South Korea PM Says Philly Shipyard Not Ready for Nuclear Subs, Contradicting Trump

(Bloomberg) — A.P. Moller-Maersk A/S shares fell with investor disappointment over a smaller-than-expected improvement in the container-shipping giant’s full-year profit guidance. Maersk’s underlying earnings before… Weiterlesen »Maersk Slides as Investors Brace for ‘Bleak’ Quarters Ahead

China has booked two cargoes of U.S. wheat following last week’s meeting between the countries’ leaders, traders said on Thursday, the first such purchases since October… Weiterlesen »China Resumes U.S. Wheat Purchases After Trump–Xi Meeting

The Office of the U.S. Trade Representative has opened a one-day public comment period and provided more clarity on the proposed one-year suspension of port… Weiterlesen »USTR Moves to Suspend Port Fees Targeting China

The U.S. Coast Guard has announced a record-breaking 510,000 pounds of cocaine seized during fiscal year 2025, marking the largest interdiction haul in the service’s… Weiterlesen »Coast Guard’s Historic Cocaine Seizures Overshadowed By Deadly U.S. Airstrikes

Federal immigration authorities conducted a targeted enforcement operation at an unidentified Louisiana shipyard last week, resulting in the arrest of 25 Honduran nationals working for… Weiterlesen »ICE Targets Louisiana Shipyard in Major Immigration Enforcement Operation

Copenhagen-based shipping giant A.P. Moller – Maersk has refined its full-year 2025 financial guidance, raising the lower end of its earnings projections following a strong… Weiterlesen »Maersk Lifts Bottom End of 2025 Guidance as Ocean, Terminals Surge