Bitcoin faces selloff as Powell exits, Warsh steps in May 2026

Venture Global is ready to meet the LNG shortage as Qatar stops production

Mike Sabel, CEO of Venture Global, said that the company has the largest amount of LNG cargoes in the world that are not contracted and is prepared to stabilize global markets when

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China Oil Refiners Feel Safe From Iran Conflict Disruption with Crude Stockpile

Refiners in China, the world's top oil importer, have enough supply on hand to weather near-term disruption from the Iran conflict, bolstered by recent record purchases of Iranian and Russian crude and

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Sugar Prices Rise Ahead of Iran War Fears

World sugar prices headed higher on Monday on fears the U.S.-Israel war against Iran, which is disrupting global energy supplies, will prompt Brazilian cane mills to produce more ethanol and less sugar.Ethanol

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Hydrex Replaces Underwater Bow Thruster on Stockholm Ferry

Last month, Hydrex carried out an underwater bow thruster operation on a ferry in Stockholm, in the middle of winter. The operation was scheduled to take place during a planned break in

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U.S. Flag Tanker Damaged, 150 Vessels Stranded with Strait of Hormuz Close

Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at least four tankers damaged, two seafarers killed and 150 ships stranded

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Norwegian Cruise Line Projects Weak Profits

Norwegian Cruise Line Holdings forecast annual profit below Wall Street expectations, as demand for its higher‑priced voyages softened amid economic uncertainty and rising geopolitical tensions.Shares of Norwegian fell about 7% in premarket

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Maritime Vessel Uptake of Alt Fuels Proceeds ... Slowly

According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 17 new orders for alternative-fuelled vessels were placed in February 2026.This was almost entirely accounted for by LNG-fuelled vessels (14),

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Commercial Vessel Risk Rises Sharply, Insurers Cancel War Risk Cover

Marine insurers are cancelling war risk coverage for vessels and oil shipping rates are set to surge further after the widening Iran conflict left at least three tankers damaged, a seafarer killed

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Oil Up 8% as Middle Eastern War Rages

Oil surged 9% on Monday after retaliatory Iranian attacks disrupted shipping in the crucial Strait of Hormuz following the weekend's bombing by Israel and the United States that killed Iranian Supreme Leader