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Fri, Apr

Supertanker Costs Hit All-Time High as Iran Threatens Strait of Hormuz Closure

Supertanker costs in the Middle East have hit all-time highs, according to shipping data and industry sources on Tuesday, as the U.S.-Iran conflict intensifies with Tehran attacking ships passing through the Strait
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Ship Recycling Markets Stall

The chaos in the Middle East is leaving regional and international markets bracing for the inevitable whirlpool of global insanity that is about to suck the entire world into short-term (at the
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Conflict Widens to Lebanon, Iran Threatens Ships

The U.S. and Israeli air war against Iran widened on Monday, with no end in sight as Israel attacked Lebanon in response to strikes by Hezbollah and Tehran kept up its missile
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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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