UPDATED:
Hi Nick,
By disabling FTX_EU_!GBSII_06_CVX it is fixed. I just wonder what am I missing, and what does this folder contain since TEGB still looks good without it....
Since there are 8 files in there , I tried 1 by 1 and found 0_excl_FTX_EU_GBS_GUID_all.BGL causing the issue.... Nick , can you advise ?
(I use Black Marble but never had any issue with it - don't think it is the problem)
Anyway here is an attached photo of my scenery libary: