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Top Stories: Page 55

Ireland Rolls Out New Round of Fuel Supports
In total, Ireland has spent around €755 million on fuel supports in recent months, as the country's fuel prices have surged since the start of the Iran war.
Photo: Bloomberg
Cosco’s Profit Drops by Half as Lower Freight Rates Bite
“The conflict in the Middle East has posed significant challenges to the safety and stability of global shipping,” China’s biggest container liner said.
A Cosco Shipping Holdings container ship at the Port of Prince Rupert in British Columbia, Canada. Photographer: James MacDonald/Bloomberg
Japanese Crude Supertanker Manages Hormuz Exit in War First
The Idemitsu Maru began sailing late on April 27 toward the strait from northwest of Abu Dhabi, where it had been sitting idle for more than a week.
An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69
Japan Airlines to Trial Humanoid Robots for Ground Handling
The push for humanoid robots comes in response to larger concerns over a labor shortage, stemming from a bump in inbound tourism and a dip in Japan's working-age population.
Photo: iStock / winhorse
Union Pacific Railroad Secures Contract for Domestic Steel Rail Production
The new rail mill is powered by a dedicated 1,800-acre solar farm, making it the world’s largest solar-powered steel mill.
Photo: iStock / ewg3D
GM Expects $500M Boost from Tariff Refunds
G.M. said it made $2.6 billion in the first quarter of 2026, a 6% decline from the same period a year ago.
Photo: iStock / JHVEPhoto
UAE to Leave Opec
The UAE has criticized fellow Arab states for not doing enough to protect it from numerous Iranian attacks during the Middle East conflict.
Image: iStock/William_Potter
Mideast Urea Output Slumps with Lack of Fertilizer Ships to Load
Since the Iran war began at the end of February, only 11 ships laden with fertilizer have transited the Strait of Hormuz.
Photo: iStock / Elena Perova
Survey: Supply Chain Workforce Skill Gaps Are 'Nearly Universal'
Despite these gaps, 14% of organizations still don't have a dedicated training budget, indicating that firms have been opting for an informal approach to skills development.
Photo: iStock / Kindamorphic
Threat of Pirate Attacks Grows Off Somali Coast
The UKMTO has raised the threat level off the coast of Somalia to "substantial," meaning that attacks on ships in the area are a "strong possibility."
Photo: iStock / Vidas Pocius
Iran Conflict Strains Circuit Board Supplies
A senior executive with South Korean PCB maker Daeduck Electronics said that the company has already started having conversations with customers regarding price increases.
Photo: iStock / Sergii Kolesnikov
Dual Hormuz Blockade Cuts Ship Transits to Near Zero
Oil is trading above $100 a barrel after efforts to resume peace talks stalled, leaving Hormuz almost impassable.
Photo: iStock / Dimitrios Karamitros
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