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Korean Lasers Shoot Drones at Sea at $ 1.50

Mass Production of Laser Weapons South Korea is likely to commence this year mass production of low-cost laser weapons that has displayed remarkable success in shooting down small drones during testing. Such laser weapons can be deployed to target North Korean drones.South Korea will have the unique distinction of becoming the first country to deploy

Insurance Bunkering & Coalition Force in Red Sea

Insurance Costs Surge on Red Sea Routes Isn't it intriguing that only the major container lines and not tankers, LNG and bulk carriers have diverted from the Red Sea routes. A Suezmax tanker with a load of 750,000 barrels priced at $80/bbls is a cargo worth around $60 million. At a war risk insurance of

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