Deep in Arctic waters near the remote Svalbard archipelago this spring, NATO allies caught Russian subs training to unleash a secret weapon designed to disable critical undersea cables without leaving any fingerprints.The clandestine Russian operation, described to Reuters by two Western officials, was carried out by Moscow's GUGI undersea warfare directorate
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 of Hormuz.Shipping through the Strait between Iran and Oman, which carries around one-fifth of oil consumed globally as well as large quantities of liquefied natural gas
The construction of Captain Arctic, a 69-meter near-zero-emission exploration vessel designed for sustainable cruising in polar waters, has reached a major milestone as its hull was completed by Goltens Dubai, marking the start of final outfitting and integration work.The vessel, owned by French company SELAR and built in collaboration with Chantier Naval de l’Océan Indien (CNOI) and Goltens
U.S. shipments of limestone on the Great Lakes increased 1.8 percent from last year to 2.7 million tons. Limestone cargos were below the month’s 5-year average by 5.8 percent. Year-to-date, the limestone trade stands at 15.9 million tons, a decrease of less than one percent compared to 2025 and 3.2 percent below the month’s 5-year average.
U.S. shipments of limestone on the Great Lakes increased to 3.1 million tons in July, an 8.7 percent increase compared to last year. The trade was also above the month’s 5-year average by 3.2 percent.Year-to-date, the Lakes limestone trade stands at 10.1 million tons, a decrease of 3 percent compared to 2025 and 4.2 percent below the month’s 5-year average.
U.S. shipments of limestone on the Great Lakes increased 4.5 percent from June 2025 to 3 million tons. This June’s U.S. loadings were also above the month’s 5-year average by 6.9 percent.Year-to-date, the Lakes U.S. limestone trade stands at nearly 7 million tons, a decrease of 7.5 percent compared to last year and 7.2 percent below the month’s 5-year average.U.S.
Limestone shipments from U.S. ports decreased 27.5 percent compared to April 2025 to 1.1 million net tons. Loadings were also below the month’s 5-year average by 35.4 percent. Year-to-date, the U.S. limestone trade stands at 1.2 million tons, a decrease of 26.6 percent from last year and 31.9 percent below the 5-year average.
Coal-fired power generation decreased 1.9% in 2025; non-fossil generation outpaces demand growthChina's coal-fired power generation decreased 1.9% in 2025, marking a historic shift driven by new non-fossil generation that has finally outpaced demand growth, according to a recent report from Wood Mackenzie.
Limestone shipments on the Great Lakes totaled 26.6 million tons in 2025, a decrease of 5.9 percent compared to the previous year. 2025’s loadings were below the trade’s 5-year average by 6.7 percent.Shipments from U.S. quarries decreased 5 percent from 2024 to 21.7 million tons. Loadings from U.S. quarries were also 5 percent below their 5-year average.
Scottish engineering and consultancy firm Wood has secured a ten-year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, a major natural gas liquefaction and export facility under development near Brownsville in Texas.Wood will provide comprehensive maintenance services to support operations at the approximately 1,000-acre site.
Shipments of limestone on the Great Lakes totaled 3.2 million tons in October, a decrease of 3.8 percent compared to 2024. Limestone cargos were also below the month’s 5-year average by 10.7 percent.Loadings from U.S. quarries totaled 2.6 million tons, a 6.1 percent reduction. Shipments from Canadian quarries increased 6.8 percent to 626,805 tons.Year-to-date, the limestone trade stands at 22.
Executives at two of Europe's top gas suppliers, ExxonMobil and QatarEnergy, on Monday warned they could stop doing business with the European Union if it does not significantly loosen a sustainability law that could impose fines of 5% of their global revenue.Exxon CEO Darren Woods told Reuters on the sidelines of the ADIPEC meeting in Abu Dhabi that the EU's Corporate Sustainability Due