The idea of building a third runway at Heathrow has been floated for decades, but has met with fierce opposition from local residents and preservationists, politicians and climate campaigners.

Oil infrastructure in Saudi Arabia has also been targeted during the escalating hostilities with the Houthis. 

The strikes on two cargo vessels on October 13 add to a series of more frequent attacks on ships in the western part of the Black Sea.

South Korea is reportedly planning additional trials through the Arctic route in 2027 for container ships and automobile carriers.

Seroka credited the strong quarter to resilient consumer demand and importers who have continued to aggressively replenish inventories.

Sales of Chinese cars in the EU, particularly hybrids and pure battery electric vehicles (BEVs) have risen sharply in the last few years, threatening European automakers.

The Asia-Pacific region has evolved to develop a deeply connected semiconductor ecosystem spanning China, South Korea, Japan and Southeast Asia.

The WTO's optimistic forecast was fueled by more cross-border trade for expensive chips and other technology needed for artificial intelligence build-outs.

It now costs $77 million to hire a very large crude carrier to move U.S. oil to Asia, according to data from the Baltic Exchange.

The port brought in 1.5 million TEUs for the first quarter of its fiscal year, up 2.7% from that same period last year, and representing the second best quarter in its history.