Renewable energy capacity growing at fastest rate since 2015
After stalling last year, the renewables energy market is back on track with double-digit growth according to the International Energy Agency (IEA). The growth is driven in particular by solar power and onshore wind energy,...Read more
Cargolux sets new heavy transport record to China
Cargolux Airlines has delivered the largest single piece of freight it has ever flown into mainland China. The Luxembourg-based airline says there has been solid demand growth for this kind of transport over the past...Read more
Cargotec finally completes takeover of TTS Group’s marine business
Cargotec has completed the acquisition of the marine and offshore businesses of cargo handling equipment manufacturer TTS Group, following a lengthy regulatory approval process in China. The agreement to buy TTS Group’s marine and offshore division...Read more
The common interest of Trump, Xi and project carriers: LNG
A swift trade deal between the US and China could propel the US to the top of China’s LNG supplier list, shows a report from Morgan Stanley. That would be a win-win-win for Trump, Xi...Read moreTrade war jeopardizes forecast wave of LNG shipments
The escalation of the trade war between the United States and China jeopardizes the construction of several mega LNG projects, likely postponing the forecasted wave of project cargo shipments that are needed to build the...Read more
China hits back with tariffs on more than 5,100 American products
Despite Trump’s warning not to retaliate, China will hit back with import tariffs of 5% to 25% on 5,140 American products with a total worth of USD 60 billion, after Washington increased tariffs on Chinese...Read more
Trump pulls trigger on extra tariffs, escalating trade war
United States president Donald Trump today pulled the trigger on a new round of tariffs on Chinese goods, escalating the trade war with China which was seemingly coming to an end. China has said it...Read moreTrump vows to increase Chinese tariffs
U.S. President Donald Trump said on Sunday he will raise tariffs on 200 billion dollars of Chinese goods from 10% to 25% as early as Friday and impose tariffs on another 325 billion dollars worth...Read more