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July 23, 2024
United Kingdom Maritime Trade Operations said that on Saturday, it received a report about two attacks against a vessel that caused minor damage. The attack took place 64 nautical miles (118.5 km) north of Yemen's Mokha. The captain of the ship…
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July 23, 2024
The United Kingdom Maritime Trade Operations said that on Saturday, it received a report about two attacks against a vessel at 64 nautical miles north of Yemen's Mokha. One of the attacks caused minor damage to a ship. The captain reported that "two attacks" had taken place: first…
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July 23, 2024
Authorities and a tanker operator reported that two large oil tanks caught fire after colliding on Friday near Singapore, which is the world's largest refuelling station. Two crew members were airlifted from the scene to the hospital, while others were rescued using life rafts.
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July 23, 2024
Victor Bomfim, the chief executive officer of Vast Infraestrutura (a terminal operator), announced on Thursday that Vibra Energia had signed a deal for a 20-year terminal to be built at Porto do Acu in Rio de Janeiro. Vibra Energia will use…
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July 23, 2024
Officials said that Indonesian rescuers were searching for a cargo vessel with 12 people aboard, which has been missing off the coast of Papua since last week. The cargo ship is carrying the equipment needed to build towers for telecommunications…
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July 23, 2024
Initial assessments by European traders indicate that the lowest price offered at Friday's international tender for around 100,000 metric tonnes of animal feed barley from Tunisia was $216.89 per tonne, c&f. Trading house Casillo was thought to have made the offer for 25,000 tonnes.
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July 23, 2024
Shipping data from LSEG & Kpler revealed that a tanker involved in a collision last week near Singapore entered the Bertam floating oil storage terminal area on Monday morning, after being intercepted on Sunday by local authorities. On Friday…
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July 23, 2024
Malaysia's Coast Guard said Sunday that it had intercepted and located a large tanker involved in an exploding collision with another vessel just two days earlier off Singapore. The Coast Guard said that on Saturday, the tanker Ceres I flying…
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July 23, 2024
Walmart, Target, and Shein retailers started back-to school sales early in order to prevent Amazon.com Prime Day from stealing U.S. sales for backpacks and computers. This helped advance the peak ocean-shipping season by two-months and increase already high freight rates.
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July 23, 2024
The farm ministry announced on Friday that Ukraine has harvested over 13.8 million tons of grain so far. According to the ministry, farmers have harvested 10.3 millions tons of wheat as well as 3.1 million tonnes of barley. In addition, 319.300 tons of beans were harvested.
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July 23, 2024
Yemen's Houthi Rebels damaged and destroyed a container ship flying the Singapore flag with two missiles Friday, as they intensified their attacks against global shipping in response to Israel's Gaza War. The Houthis, who are aligned with Iran…
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July 23, 2024
Maersk said on Friday that a fire had broken out on one of their chartered vessels, sailing from Mundra off the west coast of India, to Colombo in Sri Lanka. Local media reported that the fire was caused by a short-circuit, which resulted in explosions, and that a Filipino seaman died.
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July 23, 2024
Malaysia's Coast Guard said on Saturday one of two large oil tanks involved in an accident that resulted in fires on both vessels had left the scene of the accident. It was also believed that the tracking system of that tanker had been turned off.
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July 23, 2024
The Global Centre for Maritime Decarbonisation in Singapore (GCMD) announced this week that it had completed the final trials of biofuels for ships, with German container company Hapag-Lloyd as well as energy giant BP. The GCMD started an 18…
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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
Shipping data released on Thursday shows that the number of LNG tankers awaiting loading at Freeport LNG, Texas, has increased since last week when the U.S.'s second largest LNG exporter halted its processing in anticipation of Hurricane Beryl. Beryl hit Texas on July 8, near Matagorda.
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July 23, 2024
Shipping data released on Thursday shows that the number of LNG tankers waiting at Freeport LNG, Texas, has increased since last week when the U.S.'s second largest LNG exporter halted its processing in preparation for Hurricane Beryl. Beryl hit Texas on July 8, near Matagorda.
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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
Transnet, a troubled South African logistics company, has been approved for a $1 billion loan by the African Development Bank. The bank and Transnet announced this on Thursday. Transnet, the state-owned company in South Africa, has struggled…
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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…
