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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 26, 2026
European shares edged higher on Wednesday, as lower oil prices supported risk sentiment. Investors also digested business activity data which showed unexpected growth in the euro-zone this month. By 0830 GMT, the benchmark pan-European STOXX 600 index was up 0.2% to 643,15 points.
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September 23, 2026
European?shares?inched up a little bit?on Wednesday, as lower oil prices boosted sentiment. Investors were also awaiting key business activity figures due later that day. By 0708 GMT, the benchmark pan-European STOXX 600 index was up 0.4% to 645.04 points.
Posted to Maritime Reporter
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September 21, 2026
Select ASEAN markets are quietly gaining ground. While AI-driven equity gains in North Asia have dominated the headlines this year, other ASEAN countries have also seen a surge. Local drivers will separate the leaders and laggards in the future, not macroeconomic tailwinds.
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September 18, 2026
In an effort to protect the EU against cheap imports from Asia, the European Union announced on Friday that it would impose import quotas for electrical steel and downstream products. This move will benefit Thyssenkrupp Steel's TKMS unit and Poland's Stalprodukt SA.
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September 17, 2026
Italian sources claim that Prime Minister Giorgia Meoni will make a 'first official visit' to Norway by an Italian leader in a 'nearly fifteen years. Meloni will meet with Norwegian Prime Minister Jonas Gahr Stoere and attend a dinner in Oslo…
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September 14, 2026
Two workers in the scorching heat of Humble, Texas (just outside Houston) were using heavy compaction rollers to flatten a yard in preparation for the pre-owned U.S. oilfield machinery that was going to be auctioned in Venezuela for a much-anticipated oil revival.
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September 8, 2026
A company executive stated on Tuesday that Kuwait Petroleum Corporation is interested in buying more ships and improving its supply chain. "In 'KPC, we have our own fleet which we manage... We are on the market to purchase more ships," said…
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August 30, 2026
Turkish Cypriot Media reported that one person died when a boat capsized with 270 people aboard off North Cyprus Sunday. Erhan Arikli, Turkish Cypriot Transport Minister, told Anadolu one person died when the ferry capsized. Erhan Arikli said that there were 267 passengers on board.
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August 27, 2026
According to Yonhap News Agency, the HD Hyundai Heavy Industries Union has secured its legal right to strike after its members approved industrial action during a three-day vote that took place between August 25 and 27. The union reported that 5…
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August 24, 2026
Canadian Prime Minister Mark Carney said on Monday that the federal government will invest more than C$11 Billion ($7.95 Billion) in the construction of six new icebreakers to the Canadian Coast Guard. Carney, speaking in Levis, Quebec said…
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August 24, 2026
Saudi Arabia's stock exchange led gains among major Gulf bourses - in early trading on Monday. Information technology, banking, and materials shares advanced - as investors continued the rally from the previous session despite lower oil prices.
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August 21, 2026
A tanker that was under sanctions by the U.S. The latest victim of Somali pirates, who are resurgent after a spate of attacks on oil tankers under?U.S. sanctions for allegedly transporting Iranian petroleum products? was boarded and diverted to Somalia off the coasts of Yemen.
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August 20, 2026
Early trading on Thursday saw most Gulf stock exchanges higher as 'firmer oil prices' provided support, even though uncertainty about U.S.-Iran peace talks continued weighing on sentiment. Brent crude traded at $92.90 per barrel as of 0632 GMT, up 1.5%. Oil prices are a major driver for Gulf stocks.
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August 20, 2026
The UAE stock market fell on Wednesday morning after it said that two 'ballistic missiles' were launched by Iran. Other Gulf bourses also fell a little, as Washington claimed there had been no talks between Washington and Tehran to halt hostilities.
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August 19, 2026
The Gulf's stock markets were subdued during early trading on Tuesday, as investors remained cautious due to the escalating tensions between the United States and Iran. However, higher oil prices boosted energy stocks in Saudi Arabia. Donald Trump, the U.S.
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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 15, 2026
LSEG data revealed that the 'Konstantin Posiet', Russia's second ice-class ship for transporting liquefied gas, departed Bolshoy Kamen Bay - Primorsky Krai - and set a course along the Northern Sea Route. The tanker is another step for Russia…
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August 12, 2026
TKMS, a warship manufacturer, raised its outlook on Wednesday for the second time in six months. It expects higher demand for surface vessels like frigates and for sensors and minesweeping technology. TKMS is one of the'main beneficiaries' of…
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August 11, 2026
A spokesperson for the ministry said that the Spanish Defence Ministry would approve the plans of the state-owned Chinese automaker SAIC to build a factory in the region of Galicia, despite concerns about the 'proximity' to a naval base. SAIC…
