The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion - and the bill is climbing, according to a Reuters analysis.A review of corporate statements since the start of the conflict by companies listed in the United States, Europe and Asia offers a sobering look at the fallout.
Interferry, the global association representing the ferry industry, announced the appointment of six new members to its Board of Directors. These new director appointments, approved at the Annual General Meeting (AGM) in Sorrento on October 6, reflect the diversity and global reach of the ferry industry.
Coast Guard and Maritime Transportation Subcommittee Ranking Member Salud Carbajal (D-CA-24) and Chair Mike Ezell (R-MS-04) announced their bipartisan American Cargo for American Ships Act passed the House of Representatives. The legislation will strengthen U.S. cargo preference laws to stop the ongoing decline of U.S. flagged ships engaged in international trade.
Captain Chris Welch of Kennebunk, Maine, is catching fewer lobsters this spring because spiking diesel prices have made it too costly to take out his fishing boat as often as he normally would.Instead of checking and re-baiting his traps every four or five days to collect the valuable crustaceans, he's doing so every seven to 10 days to conserve fuel.
Taiwanese coast guard captain Juan Chung-ching's patrol boat moves across the Taiwan Strait, scanning for threats to what Taipei says is the newest target of China's grey-zone warfare: undersea cables vital to the democratic island's communications.Juan steered his 100-ton vessel, armed with water cannons and an autocannon, toward TP3