Cash-rich Maersk revealed yesterday it has started a 12-month share buyback program of up to DKK14.4bn ($2.01bn). The purpose of the program is to adjust the capital structure of the company ultimately through the cancellation […]
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 […]
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 […]
Could wind be the answer to modern shipping woes? A new UCL Energy Institute report warns that over a third of the global maritime fleet, worth $400 billion (£320bn), risks early scrapping without costly retrofits […]
Emanuele Grimaldi, the chairman of the International Chamber of Shipping, writes for Splash today. In an era marked by growing uncertainty, knowledge and trusted sources are more powerful than ever. The International Chamber of Shipping’s […]
He didn’t drop the bombshell, he just primed the fuse. In U.S. President Donald Trump’s avalanche of day-one executive orders, he did not drop the gauntlet on the start of the next trade war, much to […]
ENB Pub Note: I have discussed this in great detail in my podcast series with George McMillan, and we still have 10 hours in the production work on the Russia geopolitical issues around pipelines, and […]
Localization of production is expected to allow Chinese EV makers to avoid EU import tariffs Chinese officials and car manufacturers could buy German factories that are expected to shut down, and are particularly interested in […]
Western officials have told Indian companies to “carefully evaluate their exports” to Moscow to avoid being sanctioned Officials from the US and EU have urged Indian exporters to evaluate their trade with Russia carefully […]
A Phase Two negotiation isn’t out of the question. Washington must get it right this time. By Wendy Cutler, a vice president at the Asia Society Policy Institute. U.S. President-elect Donald Trump has threatened tariff […]
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