Thursday, 3 April 2025

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Finnish Coast Guard stops a small boat which tried to reach the oil tanker Eagle S anchored near the Kilpilahti port in Porvoo, on the Gulf of Finland December 30, 2024.  Lehtikuva/Jussi Nukari/via REUTERS
BusinessEnvironmentMaritimeNewsOilPoliticsRegulationsTrade

Owner seeks release of oil tanker seized in Finland cable probe

The owner of the seized oil tanker Eagle S, suspected of damaging undersea cables in the Baltic Sea, is seeking its release.

A fishing boat remains stranded after strong waves hit in Lobitos, Talara Province, Peru, on December 27, 2024 (AFP)
BusinessIndustryMaritimeNewsTradeWeather

One dead in Ecuador, Peru ports closed amid massive waves

Massive waves up to four meters high are battering Ecuador and Peru, closing 91 ports and resulting in at least one death.

Piles of coal at the Westshore coal export terminal at Roberts Bank and gantry cranes used to load and unload containers onto and from cargo ships are seen at Deltaport, in Tsawwassen, B.C., on Monday, September 9, 2024. THE CANADIAN PRESS/Darryl Dyck
BusinessClimateCoalEmissionsEnvironmentIndustryMaritimeNewsTrade

Machinery fire extinguished at Delta, B.C., coal port terminal: Port authority

A coal stacker fire at Westshore Terminals in Delta, B.C., has been extinguished; no injuries reported, operations paused.

FILE PHOTO: A drone view shows a cargo ship and shipping containers at the port of Lianyungang in Jiangsu province, China October 17, 2024. China Daily via REUTERS/File Photo
BusinessCritical MineralsEconomyIndustryInfrastructureManufacturingNewsPoliticsTrade

China to cut import tariffs on some recycled copper and aluminium raw materials

China will cut import tariffs on ethane and some recycled metals from Jan. 1, 2025, to boost imports and green development.

AnalysisBusinessClimate FinanceEconomyElectricityLegislationOpinionPoliticsReportsSolarTrade

China dominates solar PV manufacturing and trade barriers unlikely to change that

Trade barriers in the EU and U.S. have been largely ineffectual against China's dominance in solar PV manufacturing.

A Chinese-made Haval H6 SUV is seen on Reforma Avenue in Mexico City (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTradeTransport

Move over Mercedes: Chinese cars grab Mexican market share

Asian brands benefited from an exemption from import tariffs on electric vehicles.

FILE PHOTO: Russian President Vladimir Putin attends a meeting of the Supreme Eurasian Economic Council at the Igora resort in the Leningrad region, Russia, December 26, 2024. Sputnik/Gavriil Grigorov/Pool via REUTERS/File Photo
EconomyNatural GasNewsPoliticsTrade

Putin says there is no time to sign new Ukraine gas transit deal this year

The current five-year gas transit deal between Russia and Ukraine expires in the end of the year.

FILE PHOTO: A volunteer works to clear spilled oil on the coastline following an incident involving two tankers damaged in a storm in the Kerch Strait, in the settlement of Blagoveshchenskaya near the Black Sea resort of Anapa in the Krasnodar region, Russia December 21, 2024. REUTERS/Sergey Pivovarov/File Photo
BusinessClimateEconomyEmissionsEnvironmentNewsOilPoliticsRegulationsTrade

Russian region declares emergency situation as Black Sea oil spill fallout widens

Authorities in Russia's Krasnodar region declared a state of emergency as oil continues to wash ashore from damaged tankers.

FILE PHOTO: A model of the natural gas pipeline is placed on Russian Rouble banknote and a flag in this illustration taken, March 23, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyNatural GasNewsPoliticsRegulationsTradeTransmissionUtilities

Russia calls gas sales to Europe ‘complicated’ as deal with Ukraine nears end

Russia's gas transit through Ukraine faces uncertainty as Kyiv will not renew its deal, impacting Slovakia and others reliant on this supply.

Slovak Prime Minister Robert Fico attends a meeting with Serbian President Aleksandar Vucic in Belgrade, Serbia, November 21, 2024. REUTERS/Djordje Kojadinovic
EconomyFuelNatural GasNewsPoliticsTrade

Slovak PM Fico warns of gas crisis without Ukraine transit route

Ukraine has repeatedly said it would not continue a gas transit deal with Russia as the two countries are at war.

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