U.S. and Chinese officials will hold a telephone call later on Thursday that could pave the way for further in-person trade talks, U.S. Treasury Secretary Steven Mnuchin told CNBC.Mnuchin, speaking from the G7 meeting in Chantilly, France, said he and U…
The United States 'is not looking for victory' with China over trade but wants 'a sensible deal that addresses the legitimate issues that we have,' U.S. Commerce Secretary Wilbur Ross said on Wednesday.'There are some inappropriate activities underway by the Chinese…
Teekay LNG Partners L.P. signed a full fleet partnership with the New York-based startup, Nautilus Labs, to enhance the efficiency of its gas vessels. Nautilus Labs’ platform is designed to unify fleet data and leverages machine learning to optimize vessel performance…
U.S. President Donald Trump said trade negotiations with China were progressing and a final agreement 'will probably happen,' adding that his call for tariffs to remain on Chinese imported goods for some time did not mean talks were in trouble…
Maritime UK, the voice of the maritime sector, and its Women in Maritime Taskforce, will be celebrating International Women’s Day with a reception at Belfast Harbor (March 8th) to mark the launch of two new resources aimed at promoting gender diversity within the maritime sector…
Chevron Corp wants to build or buy a refinery along the U.S. Gulf Coast to process crude oil from its rapidly growing Permian Basin operations, a senior executive said on Tuesday.The company would like to have refining operations on the Houston Ship Channel…
Landlocked Ethiopia wants to make the re-opening of two roads connecting it to two of Eritrea's Red Sea ports a priority in the two nations' reconciliation process, a government spokesman said on Wednesday.In a move that ended a 20-year military stand-off…
The landslide winner of Mexico's presidential election, Andres Manuel Lopez Obrador, said on Monday that he will aim to keep Mexico in the NAFTA trade pact and seek a frank dialogue and friendly ties with the United States. The first leftist…
The Cyprus shipping sector continues to make news, as Dr. Heinrich Schulte, the chairman of the Schulte Group, underlined his long-term commitment to the Cypriot shipping industry when he met with H.E. Mr. Nicos Anastasiades, the President of the Republic of Cyprus…
Canadian Prime Minister Justin Trudeau is optimistic that a new NAFTA trade deal with the United States can be reached and that a solution on U.S. tariffs for steel and aluminum imports can be found, he told German newspaper Handelsblatt.'We…
A French judge on Wednesday placed tycoon Vincent Bollore under formal investigation over allegations his company undercharged for work on behalf of presidential candidates in two African nations in return for port contracts.Bollore's company…
White House economic adviser Larry Kudlow on Thursday said he expects the United States and China to work out their trade differences over time and that trade barriers likely 'will come down on both sides.' 'There is a process here. There's going to be some back and forth…
White House trade adviser Peter Navarro said on Monday that United States is in talks with China after Washington announced plans to impose tariffs on up to $60 billion of Chinese products. In an interview with CNBC, Navarro said Treasury Secretary Steven Mnuchin and U…
Following the launch of International Maritime Organization (IMO)’s film on the IMO Polar Code, a new video (watch video here) focused on search and rescued in polar regions is being published.The second video in a series on IMO in the polar…
Shipping giant A.P. Moller-Maersk, which handles one in seven containers shipped worldwide, is not able to process new orders after being hit by a global cyber attack, it told Reuters on Wednesday. 'Right now, at this hour, we're not able to take new orders…
