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July 23, 2024
Two people with knowledge of the sale said that Saudi Arabian Bahri dropped its bid to buy Schenker's German logistics unit from Deutsche Bahn, reducing the competition down to DSV or CVC. Sources said that the departure of Bahri means that…
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July 23, 2024
Traders said that the price of Russian Urals crude is stable in Indian ports. The market's attention has shifted to cargoes due to load next month, amid an anticipated limited lifting plan for Russia’s western ports. In Indian ports, urals oil…
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July 23, 2024
An official notice published on Thursday showed that Britain has added 11 new sanctions to its Russia sanctions regime in relation to the conflict in Ukraine. The government stated that the sanctions against ships such as Zaliv Amurskiy, SCF…
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July 23, 2024
As a way to solve the jet fuel shortages at Japanese airports, the head of Japan's petroleum industry demanded on Thursday that international airlines provide flight schedules as well as jet fuel demand predictions a year ahead. Jet fuel shortages in Japan…
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July 23, 2024
Prosecutors said that Russian airstrikes on Ukraine's frontline Donetsk Region on Thursday killed five civilians, injured three more, and damaged private homes and a residential structure. The general prosecutor's Office announced on Telegram…
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July 23, 2024
JSW Infrastructure, India's largest private port operator by cargo handled, announced a drop of nearly 9% in its first-quarter profits on Thursday. This was due to higher expenses. The company's net profit for the quarter ended 30 June fell…
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July 23, 2024
On Thursday morning, the mayor of Novorossiisk in Russia's Black Sea port issued a sea-drone alert that lasted more than two full hours. Meanwhile, a group unmanned Ukrainian boats were destroyed near Crimea. In his first message sent via Telegram…
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July 23, 2024
According to its timetable, Ukrainian ferry company Ukrferry postponed resuming ferry service between Ukraine and Georgia. The service was suspended after Russia invaded Ukraine in 2022. Last month, the company announced that it would resume service from the Black Sea Port of Chornomorsk on July 9.
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July 23, 2024
Vietnam's Foreign Ministry announced on Thursday that it had filed a claim at the United Nations to extend the continental shelf in the South China Sea. This comes a month after the Philippines took a similar step. Hanoi wants to extend its…
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July 23, 2024
Officials said that at least nine members of the crew of the Comoros flagged oil tanker, which capsized on Oman's coast on Monday, have been rescued, while another was found dead. This was announced on Wednesday, just two days after it was first reported.
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July 23, 2024
The Kremlin announced on Thursday that Russia will consider any plans for a permanent NATO presence in the Black Sea a threat given the alliance's role in the Ukraine conflict. Dmitry Peskov, Kremlin's spokesman, made this comment when reporters…
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July 23, 2024
Russian and Chinese vessels have successfully practiced anti-submarine warfare, naval combat, and air defence for vessels during joint naval exercises this week in the South China Sea, reported Russia's TASS on Thursday. TASS cited a Russian…
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July 23, 2024
The Suez Canal’s annual revenue fell by almost a quarter during its most recent financial year, as some shippers chose alternative routes in order to avoid being attacked by Houthis who are aligned with Iran in the Red Sea. Osama Rahbie, head…
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July 23, 2024
Vietnam's Foreign Ministry announced on Thursday that it had filed a claim at the United Nations to extend the continental shelf in the South China Sea. This comes a month after the Philippines took a similar step. In a press release, the Foreign…
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July 23, 2024
Officials from India's government and navy, who have assisted in the search and rescue operation, confirmed that at least nine members of a 16-member crew aboard a Comoros flagged oil tanker capsized on Monday off Oman. The "Prestige Falcon"…
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July 23, 2024
India has increased its purchases of Russia’s Far East ESPO blend oil for arrival in June and July, as China, a major buyer of this grade, purchased less. This was confirmed by two sources who are involved in the Russian crude oil trade and LSEG data.
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July 23, 2024
Jordan's national grain buyer issued an international bid to purchase 120,000 metric tonnes of milling wheat that can be sourced in a variety of origins. European traders confirmed this on Wednesday. The deadline to submit price proposals in the tender is 23 July.
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July 23, 2024
Denmark's A.P. Moller-Maersk, the Danish A.P. Maersk, among other shipping companies, has diverted ships around Africa's Cape of Good Hope to avoid attacks from Iran-aligned Houthi terrorists in the Red Sea since December. The longer voyage times have pushed freight rates up.
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July 22, 2024
government sources acquainted with the matter said. historic when it was checked in 2022. the deal was valid for 2 years that ended June 22, 2024. the sources stated. Singapore, Malaysia and Thailand have up until Dec. straight associated with the settlements.
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July 15, 2024
Ship tracking data revealed on Monday that a Chevron chartered oil tanker, seized by Iran over a year earlier, has anchored near the United Arab Emirates Port of Khor Fakkan. In April 2023, the Iranian military boarded the Marshall Islands-flagged…
