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Hormuz Chaos Sparks Legal Showdown Over Global Tanker Pricing

26 October 2026 at 18:30
Commodity trader Mercuria Energy Group accused the Baltic Exchange of continuing to publish the world’s benchmark oil tanker rate, despite distortions caused by the Iran war, because it feared losing business to a competitor.

Singapore Yards Chase Profit From Europe’s Offshore Wind Push

26 October 2026 at 18:22
At a shipyard in northern Singapore, a yellow platform towers over a maze of scaffolding and cranes. Resembling a 15-story building, the piece will be shipped halfway around the world to Europe to be installed into an offshore wind farm.
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