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September 28, 2026
South Korean President Lee Jae Myung met with Donald Trump, US president on Wednesday and discussed "cooperation" on building warships. Lee said that Trump and he discussed cooperation in the shipbuilding industry, including warship construction.
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September 15, 2026
North Korea said the United States was expanding a nuclear submarine alliance that it claimed undermined global nuclear security. This comes as the fifth anniversary of the 'AUKUS' defence pact between Australia and Britain is approaching. Washington…
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September 10, 2026
Paul Meilhat and his United by Ocean crew snatched the victory in the Ocean Race Atlantic's inaugural race on Thursday. They overtook American skipper Francesca Clapcich, 11th Hour Racing's crew in the final mile off Brittany's coast. The French IMOCA…
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September 8, 2026
Californian investment firm, Platinum Equity, is set to sell De Wave Group to Italian counterpart Renaissance Partners, in a deal valued at around EUR400m ($465m), according to a source close to the matter. Platinum, the Beverly Hills-based firm founded by U.S.
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September 4, 2026
Want to find inspiration? Every Friday, Weekend Reads highlights what the Open Interest team have been reading, watching, and listening to. This week's selections include AI's growing footprint, ghost data centers, critical minerals and China's energy transition. This weekend we are reading...
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August 25, 2026
FleetPartners Group announced on Wednesday that it had received a takeover bid from a consortium led by Japan's Sumitomo Corp. The offer valued the Australian vehicle leasing provider at A$813.1m ($582.26m). The offer turns the Australian takeover…
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July 8, 2026
According to a German Institute for Economic Research study seen on Wednesday, Germany's?exports?to the United States could increase?by 2% in comparison to a scenario where there are no fees. According to the study, this is because German 'freight…
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August 17, 2026
Stocks of Italy's Fincantieri and South Korea's Hanwha Group rose on Friday after President Donald Trump issued a directive opening up U.S. Navy Shipbuilding to overseas yards. These companies are the ones with the biggest footprints in U.S. shipyards.
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August 11, 2026
Yemen's Transport Ministry reported that four crew members died in an attack on a cargo vessel by Iran-backed Houthis in the Bab el Mandeb Strait on Tuesday. Meanwhile, the U.S. The military claimed it had struck a container vessel that was attempting to sail towards an 'Iranian port.
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July 16, 2026
The production of large crops does not automatically lead to an excess of supply. According to the U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates, released last week, the?world's grain?balance sheets appear relatively…
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July 6, 2026
The 'Globe and Mail' reported that Canada had chosen TKMS of Germany to build 12 subs for its navy. This deepens defense ties with 'Europe' ahead of a NATO summit centered around higher military spending. Sources cited in the report stated that…
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June 30, 2026
European traders reported that two 'South Korean milling groups' bought 100,000 metric tonnes of'milling wheat from the United States at an international auction on Tuesday. * One group booked 50,000 tonnes?for shipment from October 15 to November '15 and the second 50…
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June 8, 2026
The largest oil supply shock since decades is now in its fourth month. There's no end in sight, as neither the U.S. or Iran appear willing to compromise. Yet the market remains surprising calm. This disconnect is a reflection of an uncomfortable…
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June 3, 2026
Delfin Midstream announced on Wednesday that it had made a final investment decision in favor of the first FLNG (floating liquefied gas) vessel of?Delfin LNG, a project currently under development off the coast of Louisiana and the Gulf of Mexico.
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May 21, 2026
Oakley Capital, a private equity firm, announced on Thursday that Christian Horner, former Red Bull Formula One boss and advisor to the company's board of directors is now advising it on premium sports investments. Horner, 52 was fired by Red…
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May 18, 2026
The U.S.-dominated global oil trade system is under pressure from the Iran War and the closing of the Strait of Hormuz. Governments in major consumers nations are turning to opaque deals with Gulf producers and Tehran to secure their?supplies.
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May 7, 2026
Taiwan conducted the first torpedo firing of its domestically-developed submarine. This is a significant milestone in a project that aims to strengthen deterrence and protect vital sea lanes if war breaks out. Taiwan, which China claims to be…
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May 4, 2026
Yonhap News reported on Monday that South Korea was verifying information indicating a vessel flying the flag of South Korea had been attacked in Strait of Hormuz. A spokesperson from South 'Korean shipper HMM said that a fire broke out in the engine room of one its bulk carriers…
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April 23, 2026
In the past decade, we have seen a rapid series of energy crises around the world, fueled by extreme weather, military conflict and supply chain snarls. The highly interconnected oil and natural gas markets are fragmenting and the transition to a low-carbon economy is accelerating.
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April 13, 2026
The dollar strengthened on Monday as peace talks between the U.S.A. and Iran collapsed and the U.S. Navy prepared to blockade Iranian ports. Meanwhile, the Hungarian forint rose after the centre-right Tisza Party defeated?Viktor Orban by a large margin in an election victory.
