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

Damen to Serve as Partner for Construction of LST 100 Vessels for the Australian Army

On Friday, 20 February, Austal Defence Australia and Damen Shipyards Group signed a contract supporting the local construction of Landing Ship Transport (LST) 100 vessels for the Australian Defence Force. Under the

Read more: %s

Greece Calls for Protection of Shipping, Seafarers Amidst Escalating Iran Conflict

Greece's shipping minister on Tuesday called for the protection of global shipping and seafarers, amid an "alarming" situation that has left dozens of ships stranded in the Strait of Hormuz and the wider area due to

Read more: %s

Global Energy Prices Jump as Middle East Crisis Interrupts Shipping, Oil Production

Global oil and gas prices jumped on Tuesday as the U.S.-Israeli war on Iran halted energy exports from the Middle East, with Tehran attacking ships and energy facilities, closing navigation in the

Read more: %s

Ferguson Marine Secures Award to Build Four Vessels

The Scottish Government has announced its intention to award Ferguson Marine the contracts to build four vessels. This decision provides a guaranteed five-year pipeline of work.The package of vessels as part of

Read more: %s

RS Aqua Announces Strategic Partnership with US -based Seasats to Bring Autonomous Surface Vehicles to UK and Ireland Defence Market

RS Aqua announced a new strategic partnership with Seasats, a San Diego-based unmanned surface vehicle (USV) developer, to introduce their range of security platforms to the United Kingdom (UK) and Ireland defense

Read more: %s

Qatar LNG Halt Forces Asia to Seek Alternative Supplies

India began rationing natural gas on Tuesday while countries around Asia looked to the spot market to replace supplies, activated emergency plans and prepared to step up production, as the conflict in

Read more: %s

Supertanker Costs Hit All-Time High as Iran Threatens Strait of Hormuz Closure

Supertanker costs in the Middle East have hit all-time highs, according to shipping data and industry sources on Tuesday, as the U.S.-Iran conflict intensifies with Tehran attacking ships passing through the Strait

Read more: %s

Oil Price Soars as US-Israel War with Iran Raises Supply Fears

Brent rose more than $3 on Tuesday for a third day of gains as the widening U.S.-Israeli conflict with Iran and threats to shipping via the Strait of Hormuz heightened fears of

Read more: %s

America’s Maritime Action Plan Creates Opportunity for St. Louis Region

The advancement of the recently announced America’s Maritime Action Plan (MAP) is embraced by the ports in the bi-state St. Louis region as a unique opportunity to play a role in this