Why One Analyst Thinks Rivian’s (RIVN) Liquidity Story Matters More Than Losses

Oil Jumps Over 3% After US-Iran Exchange Attacks

Oil prices rose more than 3% on Monday after Iran and the U.S. traded strikes and Israel ordered troops to move further into Lebanon in its battle with Tehran-backed Hezbollah.U.S. crude futures

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ABF Seizes Cocaine Concealed in RoRo Cargo

The Australian Border Force has seized 34kg cocaine concealed within a luxury bus in Fremantle, Western Australia.ABF officers examined a roll-on/roll-off vessel on May 6, using a combination of targeted intelligence, physical

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Australian Commissions HMAS Eyre

The Royal Australian Navy commissioned HMAS Eyre into the fleet in a ceremony at HMAS Stirling in Western Australia.HMAS Eyre is the second of six planned Arafura class offshore patrol vessels (OPV)

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Damen Delivers Landing Utility Vessel to Blueshell Mussels

On April 20, Damen Shipyards Group signed a contract with Blueshell Mussels for the delivery of a Landing Utility Vessel (LUV) 2208. The vessel, named Bountiful, is supporting the company’s mussel harvesting

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Seasats Completes First Autonomous Transit of the Taiwan Strait

Seasats today announced that a Lightfish uncrewed surface vessel (USV) has completed the first autonomous transit of the Taiwan Strait, a contested waterway separating Taiwan and mainland China.The vessel was deployed by

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Oil Prices Fall on Hopes of a US-Iran Ceasefire

Oil futures fell more than 2% on Friday, closing out their steepest weekly decline since early April as traders awaited word that the U.S., Israel and Iran had reached agreement on a

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Chevron Hesitant to Pay Toll on Ships Moving Through Hormuz

U.S. oil and gas major Chevron will not consider paying a toll to move ships through the Strait of Hormuz, CEO Mike Wirth told Bloomberg TV on Friday.Wirth also said several vessels

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Jumbo Maritime Orders 2 L-Class Vessels

Dutch maritime design house Vuyk Engineering was selected by heavy lift shipping and offshore transportation contractor Jumbo Maritime for its newly ordered L-Class heavy lift transport vessels (HLTV). The high-end vessels are

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SAAM Takes Full Control of Intertug’s Ops in Colombia and Mexico

SAAM has completed the acquisition of the remaining 30% stake in Intertug's operations in Colombia and Mexico, giving the company full ownership of the subsidiaries.The transaction, valued at $30.5 million, was completed