News
US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years
11+ hour, 38+ min ago (436+ words) U. S. import prices surged in April, with the cost of fuels posting the largest increase in four years, another indication that the U. S. -backed war with Iran was boosting inflation. Import prices increased 1. 9% last month after an upwardly revised 0. 9% rise in March,…...
US Import Prices Increase by Less Than Expected in March, Rise Anticipated Due to War
4+ week, 1+ day ago (782+ words) U. S. import'prices increased less than expected in March, though the trend still pointed to firming imported inflationary pressures as the Middle East conflict boosts oil prices and snarls supply chains. Economists shrugged off the report'from the Labor Department on Wednesday and…...
Energy Workforce & Technology Council March Report Shows Rebound in Energy Services Employment
1+ mon, 6+ day ago (404+ words) The Energy Workforce & Technology Council released its March 2026 jobs report, showing a modest rebound in energy services employment following declines earlier in the year. Energy services employment totaled 627, 018 jobs in March, an increase of 1, 877 positions from February, according to preliminary…...
Gulf markets fall amid Middle East conflict escalation; Saudi edge higher
1+ mon, 2+ week ago (426+ words) Posted to Maritime Reporter on March 30, 2026 The Gulf stock markets fell in early trading on Monday after Yemen's Houthis attacked Israel? overnight, further escalating U. S. and Israel conflict with Iran -and its proxies - in the Middle East. Donald Trump, the U. S. president,…...
Union Members Ratify Pay Rise at HII's Ingalls Shipbuilding
2+ mon, 2+ day ago (246+ words) HII has announced that all five collective bargaining units at its Ingalls Shipbuilding division have ratified new collective bargaining agreements, securing an immediate 18 percent or higher base wage increase for union-represented shipbuilders. This is the largest single wage increase in…...
ABS Reflects on Technology, Innovation Growth in Southeast Asia
1+ mon, 4+ week ago (279+ words) At the annual meeting of the ABS Southeast Asia Regional Committee, ABS Chairman and CEO John Mc Donald offered a message to maritime and offshore industry leaders from Singapore and across Southeast Asia. "Rapid technology innovation and autonomous systems are…...
Reopening Energy Markets is in Iran's Hands, for now
1+ mon, 4+ week ago (813+ words) When Saudi Aramco told its oil buyers in a letter this week that it had no clear idea which port it would use for April exports, it laid bare a new reality: Iran, not the United States, holds the key…...
Euro Zone Bonds Stabilize as US Weighs Insurance for Gulf Shipping
2+ mon, 1+ week ago (478+ words) Euro zone government bonds edged higher on Wednesday as investors paused after a sharp selloff earlier this week driven by fears the Middle East war would fuel inflation. President Donald Trump had ordered the U. S. International Development Finance Corporation to provide…...
Shipyard Wins Navy Grant to Certify Welders
3+ mon, 3+ week ago (228+ words) Marine Group Boat Works (Marine Group), a full-service shipyard based in San Diego, won a Navy Grant to establish a maritime welding program designed to expand the skilled labor workforce supporting the U. S. Navy's growing shipbuilding and repair demands." Marine Group…...
Bank of England Governor Visits Navantia UK Shipyard
6+ mon, 1+ week ago (416+ words) The Governor of the Bank of England, Andrew Bailey, visited Navantia UK's Appledore shipyard to view the contribution of the defense and maritime industry to the regional economy." The Bank's policymakers regularly visit and speak to businesses across the UK,…...