Global crude prices rose more than one per cent on Wednesday and were trading near a three-week high hit during the session, as investors worried about escalating tensions in the Middle East after the United Arab Emirates decided to suspend…
Attacks on shipping have shut down more than 97 per cent of Russia and Ukraine's grain export capacity in the Azov and Black Sea basin, cutting off a major source of low-cost supplies and helping to drive up global prices.
Murmansk marked a key milestone in its efforts to develop the port into a logistics hub, taking advantage of the growth on the Northern Sea Route. The first Chinese-operated cargo ship carrying containers arrived in the port on August 19.
Romania scrambled F-16 fighter jets to destroy a marine drone spotted a few hundred metres from the Black Sea gas project Neptun Deep, Defence Minister Radu Miruta said on Thursday.The incident underscores the growing threat to critical energy infrastructure in…
For the second time this month, a cargo vessel navigating on the busy Ghent-Terneuzen canal veered out of the navigation channel and struck the mud embankment.
(Article originally published in July/Aug 2026 edition.) It's been a long, hot summer with record temperatures in Europe and the U.S., on-and-off-again hostilities in the Middle East and the ongoing war in Ukraine. Dog days of summer?
