Why Bitcoin’s price surprise may worry more than just crypto fans

HII Delivers Virginia-Class Submarine Massachusetts to US Navy

HII announced that its Newport News Shipbuilding division has delivered Virginia-class fast-attack submarine Massachusetts (SSN 798) to the U.S. Navy.Massachusetts is the 12th Virginia-class submarine delivered by NNS, and the 25th built as…

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Royal Van Beest Group Acquires Enduro Softslings

The Royal Van Beest Group announced that it has acquired Enduro Softslings. Established ten years ago in The Netherlands, Enduro Softslings has secured a leading position in the lifting industry through its

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Russian Urals Discounts in India Triple Since August as US Sanctions Hit

Discounts for Russian flagship Urals crude in Indian ports have tripled since August against dated Brent as U.S. sanctions drive key buyers away from Moscow-supplied oil, three sources involved in the trade

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Lukoil Trading Arm Falls Apart Under US Sanctions

U.S. sanctions are dismantling what remains of Lukoil's Litasco, once Russia's biggest oil trader and a rival to top Swiss houses and oil majors, five sources told Reuters.The measures, which also target

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Chinese Cruise Ships Avoid Japan Amidst Diplomatic Dispute

Chinese cruise operators are scrambling to avoid Japanese ports as Beijing and Tokyo engage in a diplomatic dispute, which is expected to spur demand for tourism in South Korea, according to sources

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ABS Grants AiP to Encomara for Squid System for Floating Offshore Wind Projects

ABS issued an approval in principle (AIP) to Encomara for its Squid system, an approach that adapts proven disconnectable mooring technology to support floating offshore wind developments.The Squid system builds upon the

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Diesel-Electric Vessel MV Vertom Quina Launched

Royal T Shipyards christened and launched tha diesel-electric MV Vertom Quina, the tenth vessel in the LABRAX series for Vertom. “The launch of MV Vertom Quina is a truly special moment,” said CEO

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Stena Futura: Methanol-Ready Freight Ferry Delivered

More than 200 guests attended the official naming ceremony of Stena Line’s newest vessel, Stena Futura, at Belfast Harbour. The 147-mhybrid freight ferry Stena Futura is the first of two next-generation “NewMax” freight

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Equinor to Keep Havila Shipping’s PSV Busy for One More Year

Equinor has extended the contract for Havila Shipping’s platform supply vessel (PSV) Havila Charisma.Equinor has exercised one year option for Havila Charisma until December 2026.According to Havila Shipping, Equinor has an option