Suicide Drone Hits Port of Eilat
On Wednesday night, a suicide drone hit a target in the port of Eilat, the southernmost city in Israel. Images…
Wallenius Wilhelmsen Upsizes Car Carriers to Be World’s Largest
Reflecting strong demand across the sector along with the need to improve operating and environmental performance, the car carrier sector…
US Navy Awards Critical $9.6B Construction Contract for Four Amphibs to HHI
HII has reeled in a long-awaited $9.6 billion multi-ship procurement contract for the construction of four additional amphibious ships at…
MSC to Develop New Danish Terminal in Aarhus Challenging Maersk
MSC Mediterranean Shipping Company through its Terminal Investment Ltd. (TiL) group will develop a new container terminal in Denmark’s largest…
Report: Russia May Give Houthis a Supersonic Antiship Missile
Iran is helping Yemen’s Houthi rebels to negotiate with Russia on the possiblity of acquiring high-end supersonic antiship missiles, multiple…
Pirates Hijack Tug and Barge in Indonesia Robbing Crew, Stealing Cargo
The crew working a tugboat and barge were overpowered and robbed by a group being called pirates by the local…
Bank of America CFO says Fed seems to be winning inflation battle
The Federal Reserve seems to be winning the inflation battle in the United States, Bank of America CFO Alastair Borthwick…
Trump vows to ‘take other countries’ jobs’ in economic speech
Donald Trump pledged the US would “take other countries’ jobs” if he returned to the White House, as he laid…
China central bank cuts medium-term loan rate
China’s central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad…
BoE’s Greene calls for ‘cautious’ approach to rate cuts
The Bank of England should take a cautious approach to cutting interest rates due to the risk of longer-term inflation…