Germany and COSCO of China sign port agreement for Hamburg

The extent to which Germany's economy is dependent on China is becoming increasingly worrisome. Nevertheless, the government has given its blessing to a contentious transaction that would see the Chinese giant COSCO acquire a section of the Hamburg port. A controversial deal that will see the...

Is China too important to Germany's economy

Berlin's government is working to lessen the country's reliance on its largest commercial partner. However, the German business community is skeptical.

The Port of Hamburg is the primary seaport for Germany and serves as the country's primary point of entry to the rest of th...

Oil Tanker Stocks: Will they ever return?

The rise in tanker inventories in the fall looks like a boom-and-business cycle in which unsuspecting investors may keep the sack if they don't care. Nevertheless, the demand is also growing significantly, leading to higher energy stocks that could be favorable to the sector in the long term....

Unipec on booking spree for oil tankers after trade sanctions eased

Chinese oil traders Unipec, the trading arm of Asia’s top oil refiner Sinopec, have started a booking spree for oil tankers from the state-run oil company COSCO after trade sanctions on COSCO was eased by the USU.S.

The sanctions were imposed on the Chinese government-owned firm a...