Oil prices decline as US-China trade tensions flare
US-China tariff tensions have driven down oil prices as US President Donald Trump announced imposing a 100% tariff on Chinese imports.
Cost-cutting vs status quo: bidders envision starkly different futures for Citgo, sources say
An affiliate of Elliott Investment Management wants to cut costs at Venezuela-owned Citgo Petroleum while a unit of Gold Reserve would largely focus on maintaining…
Critical mineral firms boost Washington lobbying as US expands investments
Critical mineral companies are boosting lobbying efforts in Washington, hoping to share in the ambitious investments that U.S. President Donald Trump has pledged to firms…
California governor vetoes bill that would have limited air pollution regulation
California Governor Gavin Newsom this week vetoed a law that would have limited the regulatory powers of air quality agencies at the ports of the…
WorldACD Weekly Air Cargo Trends (week 40)
Tonnages rebound from Hong Kong and China following typhoon
CMA CGM Group signs a letter of intent for six new 1700 TEU dual-fuel LNG containerships built in India
• The Group becomes the first major international container shipping company to enter into an agreement for six new LNG-powered vessels built in India by…
New port equipment and ship taxes will harm America’s maritime industry and economy
The American Association of Port Authorities (AAPA) released the following statement in response to the October 10th publication of new taxes on port development and…
Freight Connection Pakistan handles 135-metric-ton waste heat boiler
Freight Connection Pakistan (Pvt) Ltd, a member of the XLProjects Network (XLP), successfully managed the import of a 135-metric-ton Waste Heat Boiler from Antwerp, Belgium,…
Bentzel calls for reinvestment of maritime fees to build back domestic maritime industrial base
The National Association of Waterfront Employers (NAWE) hosted a record-breaking 2025 Annual Meeting in Huntington Beach, California, the first under NAWE President Carl Bentzel’s tenure.…
Trump targets China cooking oil trade - but sales were already tanking
President Donald Trump said he was considering terminating some trade ties with China, singling out cooking oil, which traders and analysts said would have little…
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