Finland’s Border Guard is setting up a maritime surveillance centre together with other Baltic Sea states and the European Commission for the protection of critical undersea infrastructure in the Gulf of Finland, it said on Monday."Competent authorities must have the capability and the authority to intervene in situations occurring in the territorial sea and the exclusive economic zone
The U.N. Security Council on Wednesday asked U.N. Secretary-General Antonio Guterres to continue providing monthly reports on any further attacks on vessels in the Red Sea by Yemen's Houthis, spurring Russia to taunt the United States."We believe that amid present-day realities, the Security Council would be well advised to monitor attacks on commercial transport in the Caribbean, not the Red Sea
This past year won’t soon be forgotten. In 2025, conventional thinking about economics and investor behavior was frequently challenged, as dramatic changes in technology, energy and geopolitics drove markets in often unexpected ways.As the clock turns to 2026, here are 8 general market movers that can help explain what happened in 2025 and what it might mean for 2026 and beyond.1.
Manufacturer Advanced Polymer Coatings (APC) has signed a deal with global maritime transportation group Fratelli Cosulich to support its methanol-ready fleet expansion.APC has signed a contract with the Italian headquartered group to supply its industry-leading MarineLINE cargo tank coating to two new IMO Class II chemical tankers, to prepare them for methanol bunkering in Singapore.
Chevron is studying options to buy global assets of sanctioned Russian oil firm Lukoil, five sources familiar with the process told Reuters on Monday.The U.S. Treasury gave clearance last week to potential buyers to talk to Lukoil about foreign assets. Chevron would join Carlyle and other firms in the race for the Lukoil portfolio worth at least $20 billion.
Volodymyr Z., a Ukrainian diver wanted by Germany over his alleged involvement in the Nord Stream explosions, has been detained in Poland, prosecutors and his lawyer said on Tuesday.Described by both Moscow and the West as an act of sabotage, the explosions in 2022 largely severed Russian gas supplies to Europe
Two senior officials at the White House National Security Council have left their roles in recent days, according to two sources familiar with the moves, the latest departures for a body that has been cut sharply in recent months.Ian Bennitt, the senior director for maritime and industrial capacity, and Brian McCormack, the NSC's chief of staff, both departed last week, said the sources
Dutch geodata firm Fugro on Tuesday said it started reducing its U.S. workforce and scaling back operations there after warning its sales and earnings would miss earlier forecasts because of volatile markets and lack of new U.S offshore wind projects.The company, which provides geotechnical, survey, subsea and geosciences services
Venezuelan and U.S. officials are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday.Venezuela has millions of barrels of oil loaded on tankers and in storage tanks that it has been unable to ship due to a blockade on exports imposed by U.S. President Donald Trump since mid-December.
An undersea telecoms cable was damaged in the Baltic Sea on Friday, and Latvian investigators on Sunday boarded a ship in connection with the incident, the country's state police said in a statement.The Baltic Sea region is on high alert after a string of power cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022
Finnish power grid operator Fingrid said on Friday it expects the Estlink 2 subsea power cable between Finland and Estonia, which was damaged in December, to return to commercial use on June 25, slightly earlier than seen before.Fingrid, which last month predicted the cable would be back in operation on July 15, said in a statement repair work was progressing faster than expected.
Poland is looking into whether any explosive devices were planted where a ship from Russia's "shadow fleet" was seen moving suspiciously near a power cable linking Poland with Sweden on Wednesday, Polish Prime Minister Donald Tusk said.NATO has beefed up security in the Baltic following a string of incidents in which power cables