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December 15, 2025
The German Economy Minister announced on Monday that the state-rescued German shipbuilder Meyer Werft had secured a major order worth up to ten billion euros ($11.7?billion) with Swiss cruise operator?MSC Cruises. This will ensure capacity utilization through the mid-2030s.
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December 12, 2025
The boat that brought 60 African migrants to Malta capsized near the Mediterranean island on Friday, bringing one of the largest groups to arrive in recent times. The group was "rescued" by Maltese military boats and landed at Bugibba 10 miles north-east of Valletta.
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December 12, 2025
Winter storms, increased'security' risks and shorter daylight hours have caused delays for oil tankers traveling through the Turkish Straits. According to traders, the congestion is worsened due to increased security checks after recent attacks against tankers transporting Russian oil…
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December 12, 2025
Data from industry sources showed that Russia's seaborne exports of oil products in November fell by 0.8% compared to October, at 7,494 million metric tons. The impact of drone strikes?on the energy infrastructure has been offset by a certain…
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December 11, 2025
The energy ministry announced on Thursday that Norway has approved the two initial applications received for its 'first commercial floating offshore-wind tender. This will allow the two consortiums to refine their plans and take part in a subsequent subsidy auction.
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December 10, 2025
Venezuela will likely retain its seat within OPEC, even if U.S. president Donald Trump succeeds in forcing a government change in the oil-rich nation. The U.S. wants to bolster their alliance with the cartel while they?expand their own sphere of influences. The U.S.
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December 10, 2025
Venezuela will likely retain its seat in OPEC, even if U.S. president Donald Trump succeeds in forcing a change in government in the oil rich country. The U.S. wants to strengthen its alliance with the cartel while expanding its own sphere?of?influence. The U.S.
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December 9, 2025
The SailGP team in Britain has signed Stuart Bithell to be their wing trimmer. This will reunite him with Dylan Fletcher who was his Olympic gold medal-winning partner at the Tokyo Games for the?49er. Bithell is a veteran of 'four' SailGP seasons…
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December 8, 2025
On Monday, Russian President Vladimir Putin signed a decree clearing the way for 'potential deals' with Rosneft and Shell's joint venture stake in Caspian Pipeline Consortium which exports oil mostly from Kazakhstan. The decree stated that it "allowed" the transactions, which could?result?
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December 8, 2025
The share of Pentagon contracts held by U.S. Defense Technology companies has roughly doubled over the last year. However, they are still facing growing pains in their efforts to transform from startups to heavyweights that can build weapons at scale.
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December 7, 2025
The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments ratchet sanctions up on those who skirt the sanctions will determine the final outcome. The West will need to move quickly…
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December 7, 2025
The skipper of Britain's Dylan Fletcher had a message for his crew as he lined up to compete in the SailGP grand final three-boat race last month: "Welcome the $2 million lottery". "The expression meant that there was nothing to lose, and that it is an opportunity.
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December 6, 2025
An official of the coast guard said that 18 migrants drowned after their boat capsized 26 miles (40km) south of Chrysi in southern Greece. Two were rescued. The boat was first detected by a Turkish freight ship which then contacted Greek authorities.
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December 5, 2025
The transport ministry announced that the rescue operation was put on hold because of bad weather. The vessel has been identified as the sanctioned tanker Kairos. It was struck in the Black Sea by a Ukrainian drone last week in Turkey's Exclusive Economic Zone…
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December 5, 2025
The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments will increase punishments for those who skirt sanctions is the real question. The West will need to move quickly…
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December 5, 2025
The Norwegian defence ministry announced on Friday that it plans to purchase two additional submarines and some long-range cannons from Germany. This will be at a higher price than previously due to the high demand for military gear. The order…
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December 5, 2025
The local emergency centre reported on Friday that a Ukrainian drone attack was responsible for a fire in the Russian port of Temryuk at the Azov Sea. Temryuk is a company that deals with liquefied Petroleum Gas (LPG), oil and petrochemical products, grain and other bulk foods.
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December 4, 2025
A U.S. official announced on Thursday that the Pentagon had completed its review of AUKUS, the project designed to supply Australia with nuclear submarines. The Pentagon found ways to make the deal "strongest" possible. The U.S. government announced…
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December 4, 2025
Hapag-Lloyd's chief executive, who is the fifth-largest container company in the world, said that there was no set date for the return of shipping through the Suez Canal. In an online chat with customers, CEO Rolf Habben Jansen said that no date has been set for a return to normal operations.
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December 4, 2025
Eramet, the French mining company, said that it aims to increase its manganese and lithium deliveries from Gabon, as well as from Argentina, in order to improve its finances which has been affected by declining profits and increasing debt. Early December…
