Tag Archives: shipping

Trump sinks global shipping climate tax – POLITICO

Trump sinks global shipping climate tax – POLITICO

“They killed [the agreement]. The lack of leadership from the EU makes my blood boil,” said one person with knowledge of the discussions, also granted anonymity to speak candidly.  However, the move garnered support from major fossil fuels producers, such as Saudi Arabia and Russia, which traditionally push back against climate measures aimed at cutting the use of oil, gas …

Read More »

Landmark global shipping deal abandoned under US threats

Landmark global shipping deal abandoned under US threats

Esme StallardClimate and science reporter, BBC News CFOTO/Getty Images Shipping accounts for 3% of global emissions but is set to grow A landmark deal to cut global shipping emissions has been abandoned after Saudi Arabia and the US succeeded in ending the talks. More than 100 countries had gathered in London to approve a deal first agreed in April, which …

Read More »

Global stock markets tumble as Beijing imposes new ban on U.S. shipping

Global stock markets tumble as Beijing imposes new ban on U.S. shipping

A broad-based selloff swept global stock markets this morning after U.S. Treasury Secretary Scott Bessent told the Financial Times that China “will be hurt the most” if it doesn’t submit to Washington’s trade demands. At the same time, China showed no signs of backing down from President Trump’s trade war: It imposed sanctions banning Chinese companies from doing business with …

Read More »

Developing | China-US shipping dispute escalates as Beijing sanctions South Korean giant subsidiaries

Developing | China-US shipping dispute escalates as Beijing sanctions South Korean giant subsidiaries

Beijing has announced sanctions against a US ally over its alleged role in constraining China’s maritime and shipbuilding industries – marking an escalation in tensions in the strategic sector. The move came as Washington enforced port fees targeting China-built or operated vessels on Tuesday, and follows a commitment made in a previous regulatory update. China placed five US-based subsidiaries of …

Read More »

China Hits Back at US on Shipping With Hanwha Curbs, New Probe – Bloomberg.com

China Hits Back at US on Shipping With Hanwha Curbs, New Probe  Bloomberg.com China targets five U.S. subsidiaries of South Korea’s Hanwha Ocean over Washington shipping probe  CNBC Developing | China sanctions 5 US subsidiaries of South Korean shipping giant  South China Morning Post China probes US maritime investigation’s impact on shipping industry  Reuters China sanctions 5 US units of South Korean shipbuilder Hanwha …

Read More »

US warns of sanctions against Caribbean countries that vote for IMO’s net zero- shipping framework | News

US warns of sanctions against Caribbean countries that vote for IMO’s net zero- shipping framework | News

WASHINGTON, CMC – The United States has issued a warning to countries, including those in the Caribbean, that plan to vote later this month in support of measures being pushed by the International Maritime Organization (IMO) for a Net-Zero Shipping Framework (NZF) aimed at reducing reducing emissions in the maritime sector. “The United States will be moving to levy these …

Read More »

The Looming International Shipping Crisis – The National Interest

The Looming International Shipping Crisis  The National Interest How Shipping Is on the Cusp of a Global Carbon Charge  Bloomberg.com Global Shipping Industry Set to Adopt World’s First International Carbon Pricing Scheme  gCaptain Industry splits ahead of historic IMO vote on Net Zero Framework  Splash247 The United States Is Trying to Sink Global Shipping’s Climate Pact  Carnegie Endowment for International Peace Source link

Read More »

Intel Arc Pro B60 24GB professional GPU listed at $599, in stock and shipping – VideoCardz.com

Intel Arc Pro B60 24GB professional GPU listed at $599, in stock and shipping  VideoCardz.com Intel Arc Pro B60 Workstation GPU Spotted at $599, Suggests Non-OEM Availability  TechPowerUp Intel Arc Pro B50 Becomes A Best-Selling Workstation GPU, Filling The Value Gap Vs NVIDIA And AMD  HotHardware Intel Arc Pro B50 GPU Becomes Newegg Best-Seller with 16GB VRAM and $349 Price Tag  Technetbook US Store …

Read More »

FedEx to Lean on Domestic Shipping as Tariffs Slow China Volume – The Wall Street Journal

FedEx to Lean on Domestic Shipping as Tariffs Slow China Volume  The Wall Street Journal FedEx stock rises on better-than-expected earnings  CNBC Old Time Dow Theory Sees Clues to Stock Market Rally in FedEx Earnings  Bloomberg.com FedEx results top targets on cost-cutting, shares jump 5.5% after the bell  Reuters FedEx Stock Pops as Shipping Giant Reinstates Its Full-Year Outlook  Yahoo Finance Source link

Read More »