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SHIPPING TIME
In 1952, the US built a ship with a secret military purpose that still holds a world speed record. Now, it’s set to become the world’s largest artificial reef- Volvo Cars plans to raise India prices as rising input, logistics costs hit automakers
- Nvidia’s share of China AI chip market falls to 34% as Huawei gains ground
- Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...13 Oct, 2026, 12.23 PM IST
- Global Market: Japan’s Nikkei slides over 2% as AI stock selloff deepens on US chip weaknessJapan’s Nikkei 225 fell 2.64%, extending losses to four sessions as AI-related and semiconductor stocks declined amid Wall Street weakness....13 Oct, 2026, 09.43 AM IST
- Oil Price Today (October 13): Crude oil falls to $105 as traders assess Russian supply, Mideast attacks. What’s next?Brent crude futures fell 61 cents, or 1.05%, to $105 a barrel, while US West Texas Intermediate crude futures declined 92 cents, or 1.05%, ...13 Oct, 2026, 08.00 AM IST
- Indian, US and Chinese firms show interest in Peru's $844 million port projectInvestors from the United States, China, and India have shown interest in a new port project in southern Peru. This port, expected to cost ...13 Oct, 2026, 06.30 AM IST
- Can America build warships fast enough to match China? Maine shipyard clears Pentagon test to build a second destroyerThe Pentagon has certified General Dynamics Bath Iron Works to construct a second guided-missile destroyer. This decision reflects improvem...12 Oct, 2026, 09.46 PM IST
- Houthis' attack on Saudi's Riyadh airport kills 12, injures over 300 as conflict escalatesA missile attack on Saudi Arabia's King Khalid International Airport in Riyadh killed 12 people and injured over 300, civil aviation author...12 Oct, 2026, 08.38 AM IST
- Royal Caribbean cruise ship woman missing for nearly a day found alive after 20 hours in sea off GreeceA 44-year-old woman who went missing after falling overboard from Royal Caribbean’s Odyssey of the Seaswas found alive after spending nearl...11 Oct, 2026, 11.00 PM IST
- Russia’s 19,000 ton floating nuclear plant reactors completed; tugboats to now haul it to power copper mine across the Bering StraitIn a groundbreaking initiative, Russia is developing four floating nuclear power plants to deliver energy to a copper mining operation loca...11 Oct, 2026, 04.16 PM IST
- Oil is moving through the Strait of Hormuz again, why are gas prices still above $4.30?Traders are still worried that fresh fighting could damage oil facilities and disrupt supplies. Saudi Arabia’s East-West pipeline is one ex...11 Oct, 2026, 03.48 PM IST
- Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...10 Oct, 2026, 11.32 AM IST
- USS Lincoln returns home to San Diego Bay after its long deployment in Middle EastAfter an unprecedented deployment of over 10 months, the USS Lincoln returned to San Diego Bay recently. Families eagerly awaited the arriv...09 Oct, 2026, 09.32 AM IST
- ET Evoke: ‘Shipping, moving 80% world trade, is far more volatile than stocks,’ says Harvard University's Myrto KalouptsidiMyrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and ...08 Oct, 2026, 11.36 PM IST
- A global job spinner for Indians is now turning into a death trapIndia has emerged as the world’s second-largest supplier of seafarers, but its growing presence aboard global merchant ships has also left ...07 Oct, 2026, 08.22 PM IST
- 12 years after 32 million smuggled cigarettes were seized on it, ship now hosts barnacles, fish and diversThe MV Shingle, which was seized while carrying illegal cigarettes, has now become an artificial reef. After being cleaned, it was intentio...07 Oct, 2026, 05.17 PM IST
- Oil tanker captains are being offered over $100,000, plus bonuses, to cross HormuzOil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...07 Oct, 2026, 02.18 PM IST
- US EIA lifts Brent forecast to $98 as Iran war tightens global suppliesThe US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Br...06 Oct, 2026, 11.52 PM IST
- MEA condemns Black Sea attack that killed two seafarers, expresses grave concern over strikes on commercial shippingIndia has condemned the attack on the commercial vessel MV ROYAD MAMMADOV that resulted in two fatalities. All three Indian nationals aboar...06 Oct, 2026, 05.03 PM IST
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