Asian countries including Vietnam, Thailand, the Philippines, Indonesia and Sri Lanka are lining up to buy Russian oil as the Iran war blocks supplies, raising the possibility that demand may exceed supply, several sources including Russia said.Since the war in Ukraine prompted European customers - once the biggest buyers of Russian oil and gas - to shun Moscow
President Vladimir Putin said on Wednesday that Russia had successfully tested a Poseidon nuclear-powered super torpedo that military analysts say is capable of devastating coastal regions by triggering vast radioactive ocean swells.As U.S. President Donald Trump has toughened both his rhetoric and his stance on Russia
James Fisher and Sons, a global provider of marine solutions, has marked the start of construction of its chemical tankers fleet with the laying of the keel for the first vessel, Orca Fisher, at the China Merchants Industry Yangzhou Dingheng Shipyard (YZDH).Orca Fisher is the first of four next-generation vessels - known as the Sealife class - introduced as part of James Fisher’s Fleet of the
WiseTech Global and Tailwind Shipping Lines, a subsidiary of Lidl, one of Europe’s largest retailers, have announced direct data integration to enable freight forwarders to plan, book, confirm and manage shipments in real-time from within the CargoWise logistics execution platform.
A Western-sanctioned vessel with Russian oil destined for Indian Oil Corp has had discharge of the cargo delayed at a port in eastern India due to a hold-up in online verification of insurance cover provided by a Russian insurer, three industry sources with direct knowledge of the matter said.
Geoffrey Hinton, the godfather of AI, has compared developing AI agents to owning a pet tiger.Speaking this week at the World AI Conference (WAIC 2025) in Shanghai, Yicai Global reported him saying: "Our current situation is like someone keeping a tiger as a pet. A tiger cub can indeed be a cute pet, but if you continue to keep it, you must ensure that it does not kill you when it grows up.