Day: April 8, 2025

Trump’s China Tariff

Energy News Beat Daily Standup Top Stories Trump Threatens 50% More China Tariffs, Teases Talks With Others April 7, 2025 Clark Savage President Donald Trump threatened to slap additional 50% import taxes on China, while readying negotiations with Japan and Israel, leaving markets struggling to grasp his intentions for his sweeping tariff plans. Stocks swung wildly on Monday […]

Human Rights at Sea charity closes down

Energy News Beat EuropeOperations NUSPM At a time when seafarer welfare is being brought into question more and more, one NGO that has fought for better conditions at sea has been forced to close down.  The UK’s Human Rights at Sea (HRAS) charity, founded 11 years ago by David Hammond, is closing as a sustainable […]

Chinese operator of Darwin port faces the boot

Energy News Beat Ports and Logistics Australia plans to scrap a Chinese company’s lease on Darwin port.  The port concession in the far north of the country has become an election issue with both the government and the opposition vowing to buy back the port from its 99-year lease to Landbridge, a $370m deal that […]

Skarsgard quits Belships

Energy News Beat Dry CargoEurope Lars Christian Skarsgård has resigned as CEO of Belships after six years in charge of the Norwegian dry bulk company. The decision comes after US asset management firm EnTrust Global completed its takeover of Belships, delisting it from the Oslo Bors, and shuffling the board of directors.  The new chairman […]

10-Year Treasury Yield Snaps Back Brutally, Stocks Go Crazy, S&P 500 Spikes 8.5% then Plunges Back in 1 Hour on Fake News

Energy News Beat Treacherous markets. But they did seem to catch their breath finally. Stocks are due for a big bounce. By Wolf Richter for WOLF STREET. The massive movements in the bond market and stock market – in the stock market over some fake news someone had planted – likely broke some traders’ digital necks. Long-term US […]