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Trade War · ChinaChina has promised to take “resolute and effective measures” to safeguard its rights and interests after US President Donald Trump’s 104% tariffs on Chinese imports took effect on Wednesday.See the Story
China vows ‘resolute and effective measures’ after Trump’s 104% tariffs take effect
40% Right coverage: 78 sources
Donald Trump · United StatesPresident Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession.See the Story
Will the tariffs lead to a recession? Here’s how to know if we’re in one
49% Center coverage: 63 sources
Tariffs · United StatesAndrew Craig-Bennett with financial advice for shipowners amid the Trump market gyrations. Donald Trump has just backed away from the abyss – denying, of course, that he is doing any such thing – and, while adding yet more tariffs to imports from China to the US, he has announced a 90-day moratorium on tariffs over 10% imposed on US imports from most other nations. The US stock markets rose on the social media post, or as Trump would have it, th…See the Story
Keep watching the bond curve
Malaysia · MalaysiaMalaysian offshore marine support services firm Perdana Petroleum has won contracts for the charter of two AHTS vessels. The company will provide two AHTS vessels, along with crews and equipment, to perform the scope of work in line with the charterer’s requirements. The value of the deals, awarded by Hess’ Malaysian arm, were left undisclosed. The two contracts will last for three years, with an option for a three-year extension. Last month, Pe…See the Story
Perdana Petroleum wins two three-year AHTS deals from Hess
Harbin · HarbinGreater ChinaTech
Scientists at Harbin Engineering University in northeast China have developed a system to provide ships with complete 360-degree visibility. The system features a dual-module design with eight to 12 cameras per unit, integrating both visible-light and far-infrared sensors to ensure reliable performance across varying visibility conditions, allowing for real-time panoramic synthesis capability. “Accurate obstacle detection and …See the Story
Chinese university develops system to give ships 360-degree vision
BIMCO Approves Revisions to War Risk Clauses
Coronavirus · HoustonHouston, Dallas-Fort Worth, Austin, San Antonio: Even as sales plunge, vacant homes pile on the market that were held off the market during Covid.See the Story
Shadow Inventory of Vacant Homes Suddenly Piles on the Market in Texas. New Listings, Active Listings Spike to Highest for March in Many Years
100% Center coverage: 1 sources
Donald Trump · NigeriaThe NewsNigerian officials raised concerns about sweeping US tariffs, which came into full effect on Wednesday, saying they could negatively impact Africa’s largest oil producer as crude prices drop over fears of a global recession.The Trump administration imposed a 14% tariff on imports from Nigeria as part of last week’s “Liberation Day” announcement, blaming “unfair trade practices” that Washington says harm US exporters, including Nigeria’s …See the Story
Nigeria braces for revenue hit from oil price slump after Trump tariffs
Coverage: 2 sources