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 a key milestone…
NYK Advances Design of Subsea Cable-Laying Vessel Read More »
“The attacks on Iran by the US and Israel have caused disruptions for ships transiting the Strait of Hormuz. Although this passage is less critical for the dry bulk sector than for the tanker market, the disruptions still impact around 4% of dry bulk c…
Strait of Hormuz Disruptions Impact Bulk Carriers Read More »
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 the contract announced…
Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal Read More »
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 the U.S. International Development Finance…
Euro Zone Bonds Stabilize as US Weighs Insurance for Gulf Shipping Read More »
Chinese shipping and logistics conglomerate COSCO Shipping’s container liner unit said on Wednesday it had suspended all new bookings for routes to and from ports in the Middle East region, including those in the United Arab Emirates and Saudi Arabia.T…
COSCO Shipping Halts New Bookings for Middle East Routes Read More »