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HomeInternational News

International News

Hapag-Lloyd
Finance

Hapag-Lloyd wraps up financing for 24 LNG-powered containerships

February 4, 2025 Mariel Alumit

Hapag-Lloyd said on Tuesday that the financing will be carried out on the basis of its “green financing framework” for the order placed in October last year. Yangzijiang Shipbuilding will build 12 vessels each with a capacity […]

China
Finance

China to impose tariff on US LNG

February 4, 2025 Mariel Alumit

China’s Ministry of Finance said in a statement on Tuesday that the US government announced on February 1 the imposition of a 10 percent tariff on all Chinese goods exported to the US, citing fentanyl […]

minister
Critical Minerals

South African minister calls for halt to mineral exports to US

February 4, 2025 Mariel Alumit

  South Africa’s minister of mineral and petroleum resources, Gwede Mantashe, has called on African countries to withhold mineral exports to the US. The comments come after US President Donald Trump announced plans to cut […]

Iran
Geopolitical

Iran working on faster way to create nuclear bomb – NYT

February 4, 2025 Mariel Alumit

  Iranian scientists are working on a faster method to develop nuclear weapons, the New York Times reported on Monday, citing US intelligence sources. According to the report, a covert team of Tehran-based scientists has […]

Russia’s shadow fleet
Crude Oil News

European shipowners helped build Russia’s shadow fleet, investigation says

February 4, 2025 Mariel Alumit

  Shipping companies from Western countries sold off discarded oil tankers that became part of Russia’s shadow fleet, according to a joint report by investigative news media from several European countries. According to the cross-country […]

UK
Finance

UK hoping to buy its way out of Trump tariffs – Politico

February 4, 2025 Mariel Alumit

The UK government is considering purchasing more liquefied natural gas (LNG) as well as F-35 fighter jets from the US in the hope of averting punitive tariffs on British goods, Politico has reported. Tariffs were […]

BP
Finance

Exclusive: BP poised to invest up to $25 billion in Iraq’s Kirkuk oil and gas

February 4, 2025 Mariel Alumit

BAGHDAD, Feb 4 (Reuters) – Oil major BP (BP.L) is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil […]

Upstream
Finance

$150 Billion Upstream Opportunities Remain Despite Shale M&A Slowdown

February 4, 2025 Mariel Alumit

Global upstream M&A activity is expected to slow down in 2025 following a peak driven by US shale consolidation. North America continues to lead M&A activity, while the Middle East emerges as a significant hub […]

China
Finance

Beijing retaliates as Trump’s China tariffs kick in

February 4, 2025 Mariel Alumit

Donald Trump’s fast-moving tariff tiffs with key trading partners continue to keep shipping executives on edge around the world. Similar to the threats he made to Colombia a week prior, the American president yesterday put […]

India
Energy Tech

Russia offers India new nuclear tech – media

February 3, 2025 Mariel Alumit

Moscow is reportedly in talks with New Delhi to offer expertise to set up modular reactors in coastal areas Russian nuclear energy giant Rosatom has reportedly offered technology transfer to India for small modular reactors […]

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