‘Buckle up!’: CNBC anchor shocked as US trade deficit plunges to lowest since 2009. How to take advantage in 2026

NYK Advances Design of Subsea Cable-Laying Vessel

Japanese shipping major NYK Line has completed the basic design of a new long-distance subsea cable-laying vessel intended to support the development of Japan’s future high-voltage direct current (HVDC) transmission network, marking

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QatarEnergy Declares Force Majeure with LNG Production Still on Hold

QatarEnergy has declared Force Majeure to its affected buyers, following the decision to stop the production of liquefied natural gas (LNG) and associated products as a consequence of Israel-U.S. war with Iran.

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Euro Zone Bonds Stabilize as US Weighs Insurance for Gulf Shipping

Euro zone government bonds edged higher on Wednesday as investors paused after a sharp selloff earlier this week driven by fears the Middle East war would fuel inflation.President Donald Trump had ordered

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Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Subsea7 has secured a large variation order by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye.The award represents an extension to

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MSC to Offload All Cargo Bound for Gulf

MSC, the world's largest carrier of ocean container cargo, said on Tuesday all cargo bound for ports in the Gulf will be offloaded at the nearest safe seaport due to ongoing hostilities

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Trump's Asian Allies Fear Iran War Will Sap Defenses Against China

Japanese lawmakers reeling from attacks on Iran by the United States and Israel gathered on Monday at the ruling party's offices in Tokyo to question bureaucrats about evacuation plans, energy stocks and

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Ferry Pollution Worse Than Cars in Many European Port Cities

Ferries in port cities like Barcelona, Dublin and Naples are responsible for more toxic air pollution (SOx) than all the cars in those cities, a new study by T&E shows.Promisingly, 60% of

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Saudi Arabia Tries to Divert Oil to Red Sea

Saudi Arabia's state oil company Aramco is attempting to reroute some of its crude exports to the Red Sea to avoid the Strait of Hormuz, where the risk of Iranian attacks has

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Fincantieri Secures Viking Order for Two Expedition Vessels

Fincantieri announces the acquisition of an order from Viking for the construction of two expedition vessels. In addition, the two companies also signed an agreement for an option for two ocean ships,