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After 43 years, US family sells electrical company for $1.7 billion and shares $240 million with workers

After 43 years, US family sells electrical company for $1.7 billion and shares $240 million with workers
A business owner in the Louisiana has shared $240 million with 540 employees after selling his family’s company in a deal worth $1.7 billion. Graham Walker, the former CEO of Fibrebond Corp., sold the electrical-equipment enclosure manufacturer to Eaton, a global...
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Rupee under pressure: Will the Indian currency continue falling against the US dollar or recover?

Rupee under pressure: Will the Indian currency continue falling against the US dollar or recover?
The Indian rupee has come under sustained pressure in 2026, hovering near the ₹94–95-per-dollar range after weakening sharply over the past two years. Analysts say rising crude oil prices, geopolitical tensions, foreign investor outflows, and global economic...
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Vessel and Marine Data for Middle East Waters Free of Charge on the SeaNavigator Marine Weather Service

Vessel and Marine Data for Middle East Waters Free of Charge on the SeaNavigator Marine Weather Service
In response to the recent tensions in the Strait of Hormuz and the resulting rise in maritime logistics risks, Weathernews Inc. (Headquarters: Chiba, Japan; President and Representative Director: Tomohiro Ishibashi) has released vessel and marine data for Middle East...
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Shipping industry warned of the safety risks of cutting seatime requirements for junior officers

Shipping industry warned of the safety risks of cutting seatime requirements for junior officers
A new briefing paper by the Maritime Professional Council of the UK warns that reducing mandatory seagoing service for Officer of the Watch (OOW) candidates risks weakening safety standards across the shipping industry at a time when regulators should be reinforcing...
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MISC Expands LNG Carrier Fleet with the Naming of Seri Dian and Seri Dayang for SeaRiver Maritime

MISC Expands LNG Carrier Fleet with the Naming of Seri Dian and Seri Dayang for SeaRiver Maritime
MISC Group (MISC) announced the naming of its two new generation Liquefied Natural Gas (LNG) carriers, Seri Dian and Seri Dayang, on 7 May 2026. The addition of these vessels further strengthens its long-standing partnership with SeaRiver Maritime LLC (SRM), a wholly...
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