A Yemeni Houthi official said on Sunday that the Iran-aligned group's response to the U.S. attack on Iran was "only a matter of time."Mohammed al-Bukhaiti, a member of the Houthi movement's political bureau, told Al Jazeera Mubasher TV that its ceasefire deal with Washington was before the "war" on Iran.
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.Geopolitical risk has spiked following Israel's surprise bombardment of the Islamic Republic last Friday and Iran's retaliatory ballistic missile strikes, leading to a rally in global energy prices
The U.S. National Transportation Safety Board (NTSB) has recommended that 30 owners of 68 bridges across 19 states conduct a vulnerability assessment to determine the risk of bridge collapse from a vessel collision.The recommendation comes as part of the ongoing investigation into the collapse of the Francis Scott Key Bridge in Baltimore.
The Argentine government has authorized the export of live cattle for slaughter, reversing a prohibition that had been in place for over five decades, after the country's beef exports last year reached their highest level in a century.Argentina, famed for its beef cuts and traditional asado barbecue, is a ranching and farming powerhouse and a major exporter of processed soybeans, corn and wheat.
[The following are exerpts and paraphrasing from testimony given by Matthew O. Paxton, President of the Shipbuilders Council of America (SCA), to Congress on the morning of February 26, 2025.]While maritime strength and shipbuilding historically have been a cornerstone of global power, shifting times and geopolitical pressures impact readiness and output.
U.S. Secretary of State Marco Rubio on Sunday warned Panama's President Jose Raul Mulino that Washington will "take measures necessary" if Panama does not immediately take steps to end what President Donald Trump sees as China's influence and control over the Panama Canal.Mulino, after the talks with the top U.S.
DEME and Van Oord have secured separate contracts from Copenhagen Infrastructure Partners (CIP) for installation works at the 500 MW Fengmiao 1 offshore wind farm in Taiwan.DEME, through its Taiwanese joint venture CDWE, has been awarded a substantial contract for the transport and installation of foundations and the offshore substation for the Fengmiao 1 offshore wind farm in Taiwan.
Brazilian port terminal group Amport said on Thursday that grains transport through the Tapajos waterway has come to a halt as a severe drought hit northern Brazil and lowered the river's water levels.Tapajos, which links Brazil's central and north regions, is a key corridor to transport grains from agricultural heartlands in states, including Mato Grosso, Brazil's top soy producer
Harland & Wolff said on Monday it plans to appoint administrators in the coming days as the company known for building the Titanic struggles with a debt crisis.The Belfast-based shipbuilder, which survived closure once in 2019, said it would cut jobs in its non-core and certain central support areas, without specifying the number of roles affected.
An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, people familiar with the matter said.Chevron last October offered to pay $53 billion for Hess, one of the two biggest deals in the largest wave of consolidation in the oil industry in decades.
Yemen's Houthis said on Sunday they had conducted two military operations, one in the Gulf of Aden and one in Eilat at the southern tip of Israel.Houthi military spokesperson Yahya Saree said the group had targeted the Israeli ship MSC UNIFIC in the Gulf of Aden with ballistic missiles and drones in addition to attacking military targets in Eilat with drones.
Ukraine seized a foreign cargo ship in the Black Sea off its Odesa region and detained the captain on suspicion of helping Moscow export Ukrainian grain from Russian-occupied Crimea, the Security Service of Ukraine (SBU) said on Thursday.The vessel, which it did not identify, was travelling under the flag of a central African country and repeatedly docked at the Crimean sea port of Sevastopol to