Technology
Anduril's $6.6 Billion Investment for the Development of the U.S. Submarine Industrial Base
Anduril is helping to develop the country's submarine base with a $3.7 billion investment in Maryland and a $2.9 billion...
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Economy
70% Increase in Maritime Traffic in the Strait of Magellan Due to Drought in the Panama Canal
Maritime traffic in the Strait of Magellan has increased by more than 70% due to drought in the Panama Canal. This rerou...
Oil and Petrochemicals
Rockhopper Allocates $44 Million for Oil Project in the Falkland Islands
Rockhopper Exploration has allocated $44 million from its cash reserves to acquire a 35% stake in a new FPSO for the oil...
Economy
Forecast of Increased Energy Costs in Winter 2026 in the United States
According to forecasts, energy costs in winter 2026 will increase for households using heating oil. Meanwhile, costs for...
Oil and Petrochemicals
Valaris Signs New Drilling Contracts in the North Sea, Australia, and Suriname
Valaris continues to increase its workload by signing several new drilling contracts in the North Sea, Australia, and Su...
Oil and Petrochemicals
Valaris Secures $220 Million in New Contracts and Extensions
Valaris has secured a backlog of contracts worth approximately $220 million by securing a series of new contracts and ex...
Technology
Anduril Invests $3.7 Billion in Maryland Shipbuilding for Virginia-Class Submarines
Anduril is investing $3.7 billion in a new shipyard in Maryland to produce components for Virginia-class submarines. Thi...
Economy
Expansion of Car Carrier Shipbuilding Program by NOCC in China
Norwegian Car Carriers (NOCC), supported by JP Morgan, has expanded its new shipbuilding program in China. This program...
Oil and Petrochemicals
Attacks on Tankers in the Strait of Hormuz Reach Highest Weekly Level
The number of attacks on tankers in the Strait of Hormuz reached 12 last week, the highest figure since the start of the...
Economy
Wallenius Wilhelmsen Raises $300 Million for New Fleet
Wallenius Wilhelmsen has secured $300 million to finance the addition of four dual-fuel tankers. The company is also neg...
Oil and Petrochemicals
Tajikistan and Kyrgyzstan Seek Iranian Oil Amid Russian Fuel Crisis
Tajikistan and Kyrgyzstan are seeking to secure oil from Iran. The fuel crisis in Russia has created an opportunity for...
Oil and Petrochemicals
Gallagher Bassett Acquires Second Maritime Law Firm in London
Gallagher Bassett continues to expand its maritime activities with the acquisition of the maritime law firm Winter & Co...