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Norwegian Cruise Cuts Outlook On Gulf Disruptions, Fuel Shock
Norwegian Cruise Cuts Outlook On Gulf Disruptions, Fuel Shock
Norwegian Cruise Line Holdings shares fell in premarket trading in New York after the cruise ship operator lowered its full-year 2026 outlook, as disruptions in the Middle East, higher diesel costs, and softer travel demand in Europe weighed on first-quarter bookings.
"The Company is experiencing headwinds related to disruptions in the Middle East, including higher fuel expense and signs of softer demand as consumers reevaluate travel plans, particularly to Europe," Norwegian Cruise wrote in a press release.
It continued, "As previously noted,...
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May 10, 2026 / Kyle Anzalone
Tehran Threatens ‘Heave Attacks’ on US Bases, Ships in Response to Strikes on Iranian Vessels
Iran said that it would respond with “heavy attacks” if the US continues to strike its ships. Last week, President Donald Trump escalated enforcement of the blockade on Iran by attacking its vessels. A statement published by the Iranian military on Saturday explained, “Any attack on Iranian tankers and commercial vessels will result in a […]
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Mar 6, 2026 / Tyler Durden
Cement, Drugs, And Oil - How The Iran Conflict Could Disrupt Global Supply Chains
Cement, Drugs, And Oil - How The Iran Conflict Could Disrupt Global Supply Chains
Authored by Andrew Moran via The Epoch Times (emphasis ours),
The conflict in Iran could have consequences for international trade that extend beyond oil and gas.
It has been less than a week since the start of the U.S.–Israeli operations in Iran, and oil tanker traffic in the Strait of Hormuz—a key global chokepoint for energy shipments—has come to a screeching halt. Approximately 200 oil tankers have been stranded in the Gulf, according to data from Lloyd’s List...
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Feb 16, 2026 / Tyler Durden
Ship Orders From South Korea Are Surging Thanks To U.S. Fees On Chinese-Made Ships
Ship Orders From South Korea Are Surging Thanks To U.S. Fees On Chinese-Made Ships
South Korea is tightening the race with China in global shipbuilding after U.S. plans to curb Chinese-built vessels disrupted order flows and redirected demand , according to Nikkei.
Worldwide new orders fell 27% in 2025 to 56.42 million compensated gross tonnage (CGT) — the first annual drop in two years — according to U.K.-based Clarksons Research.
China remained No. 1 but saw orders tumble 35% to 35.36 million CGT, shrinking its share to 62.7%. South Korea, ranked second,...
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