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Vietnam warns of $500 million seafood losses as US ban takes effect

Vietnam warns of $500 million seafood losses as US ban takes effect

Vietnam has raised alarm over a new US ruling that could strip the country’s seafood industry of $500 million in annual revenue, threatening thousa...
Trump plans major sanctions on Russian oil, but wants the EU to act first

Trump plans major sanctions on Russian oil, but wants the EU to act first

The European Union is finalizing its 19th sanctions package against Russia, targeting everything from oil flows to crypto platforms to banking syst...
Commodities wrap: oil jumps on geopolitical tensions, gold consolidates near highs

Commodities wrap: oil jumps on geopolitical tensions, gold consolidates near highs

Most commodity prices were in the green on Friday with crude oil rising more than 1% due to geopolitical tensions in the Middle East and Ukraine.  ...
Venezuelan exchanges turn to dollar stablecoins as U.S. restrictions squeeze economy

Venezuelan exchanges turn to dollar stablecoins as U.S. restrictions squeeze economy

Venezuela is turning to dollar-pegged cryptocurrencies to shore up its foreign exchange market as US sanctions choke oil revenues and reduce the av...
EU seeks stricter gas origin rules to cut Russian dependence

EU seeks stricter gas origin rules to cut Russian dependence

The European Union is currently exploring the implementation of more stringent regulations for companies regarding the verification of the origin o...
Sanctioned Russian Arctic LNG 2 cargo faces sanctions test with China delivery

Sanctioned Russian Arctic LNG 2 cargo faces sanctions test with China delivery

On Thursday, a tanker laden with liquefied natural gas (LNG) from Russia’s sanctioned Arctic LNG 2 plant arrived at an import terminal in southern ...
Germany boosts energy security with new Wilhelmshaven LNG terminal

Germany boosts energy security with new Wilhelmshaven LNG terminal

On August 29, Germany will launch its second liquefied natural gas (LNG) import terminal at Wilhelmshaven port.  This move by state operator Deutsc...
Russian LNG tanker from sanctioned plant makes first docking in China

Russian LNG tanker from sanctioned plant makes first docking in China

A tanker transporting liquefied natural gas (LNG) from Russia’s US-sanctioned Arctic LNG 2 project has arrived at a Chinese terminal, marking the f...
Defense companies and start-ups are competing for new multibillion-dollar government spending on underwater defense

Defense companies and start-ups are competing for new multibillion-dollar government spending on underwater defense

Industries are competing to be the recipients of the underwater defense spending spree from nations facing maritime threats.   Defense companies, t...
Hawaiian CEO and His Former Wife Sentenced for $29,000,000 Investment Fraud Scheme: DOJ

Hawaiian CEO and His Former Wife Sentenced for $29,000,000 Investment Fraud Scheme: DOJ

The formerly married CEO and President of a Hawaii-based shipbuilding firm have received a combined 15-year prison sentence for a $29 million inves...