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June 19, 2024
Leading industry groups warned on Wednesday that urgent action was needed to stop the Houthis' attacks against merchant ships in the Red Sea, following the sinking a second vessel. In November, Houthi militants aligned with Iran launched the…
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June 19, 2024
European traders reported that an importer group from Thailand purchased approximately 60,000 metric tonnes of animal feed wheat imported from Ukraine at a Wednesday international auction. Traders said that the wheat purchased in the tender…
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June 19, 2024
Salvagers confirmed Wednesday that the Greek-owned Tutor, a coal carrier, which was attacked by Houthi militants from Yemen in the Red Sea on last week's Friday has sunk. According to maritime security companies, the United Kingdom Maritime Trade Operations and other sources…
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June 19, 2024
According to Reuters, the Greek Foreign Minister George Gerapetritis said that Europe must host Gazan children who have been traumatized by the war. Gerapetritis said that he is looking for partners to help him in a temporary project of bringing the children into the European Union.
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June 19, 2024
Agrarian Council, Ukraine's biggest agribusiness organization, announced late Tuesday that export prices for Ukrainian rapeseed harvesting in 2024 will increase to at least 500 Euros ($536.50 per metric ton) by October. The current price is 425 Euros.
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June 19, 2024
Costas Rassias, who was sailing in the Red Sea when a missile from Yemen's Houthi islamists fell near his vessel, vowed not to continue. According to more than 15 ship crews and shipping industry officials interviewed, seafarers who have been…
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June 19, 2024
In the Presidential Situation Room in February of last year, senior Philippines officials were faced with a difficult decision. Coast guard officers displayed photos that they said were of a military grade laser pointed by China at a Philippines vessel in disputed waters a few days before.
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June 18, 2024
Trans Mountain, the Canadian-owned oil pipeline company owned by the Canadian government, revised its standards last week for accepting crude oils on its newly expanded system. This was after buyers expressed concerns over the crude oil that arrived on the line. The U.S.
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June 18, 2024
The managers of the Galaxy Leader cargo vessel renewed their calls on Tuesday for the Houthi militants in Yemen to release 25 members of the vehicle carrier crew who have been detained for seven months. On November 19, militants attacked the Bahamas-flagged vessel using helicopters.
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June 18, 2024
Ford delivered its first batch on Tuesday, from the previously ignored Guaymas Port near its Sonora plant, in northern Mexico. The project, if fully implemented, could reduce the U.S. carmaker's logistic costs by 30%, according to state governor.
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June 18, 2024
The United Kingdom Maritime Trade Operations said Tuesday that Yemeni Houthi militants may have sunk a ship in the Red Sea. Tutor, owned by the Greeks. The ship was hit by a missile and a remote-controlled boat laden with explosives on June 12, and it had taken on water.
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June 18, 2024
The managers of the Galaxy Leader cargo vessel renewed their calls on Tuesday for the release the 25 crew members of the vessel who have been held hostage by Yemen's Houthi terrorists for seven-months. On November 19, militants attacked the Bahamas flagged ship using helicopters.
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June 18, 2024
The captain of an NGO involved in one rescue said that finding survivors from a shipwreck off the coast of Italy, where dozens of migrants are dead or missing, involved walking through corpses to find those who were barely alive. A boat carrying…
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June 17, 2024
IN NORTHEASTERN Mexico AND TEXAS BEGINNING ON TUESDAY... INFORMATION ABOUT 700 PM CDT...0000 UT... A Tropical Storm Watch has been issued for... *The Texas coast south of Port O'Connor to the mouth the Rio Grande. Rio Grande * The coast of Mexico on the northeastern side, south of the mouth.
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June 17, 2024
Heavy Rainfall Threatens Parts of the Western Gulf Coast... N.-E. Tropical Storm Watches have been issued along the Texas coast. Port O'Connor to the mouth Rio Grande. to Boca de Catan. Mexico should monitor this system's progress. Watches and warnings could be needed tonight and Tuesday.
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June 17, 2024
Prime Minister Pereira said that the Peruvian government did not anticipate "resentment from the United States" over the upcoming visit of President Dina Boluarte in China, or the increased investments made by Chinese companies in the Andean country.
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June 17, 2024
Al-Masirah TV (the main TV news outlet of Yemen's Houthi Movement) reported on Monday that U.S.-led forces had carried out six airstrikes at Hodeidah International Airport, and four on Kamaran Island, near the port city of Salif, off the Red Sea. The U.S.
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June 17, 2024
GML, a group of shareholders that includes former Yukos majority owners, announced Monday the auctioning off of 18 Russian vodka brands. The total price was 1.6 million Euros ($1.71 Million). GML, a shareholder group that held a majority interest in Yukos via its subsidiaries…
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June 17, 2024
According to the Italian Coast Guard and a German charity, eleven migrants were killed and dozens reported missing after two shipwrecks near the southern coasts in Italy. The German aid group RESQSHIP operates the Nadir Rescue Ship. It said that it picked up 51 victims from a wooden boat sinking…
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June 17, 2024
The Baltic Exchange’s main sea freight indicator, which tracks rates of ships transporting dry bulk products, was stable on Monday, as gains in the panmax and supramax segments were offset by a drop in capesize rate. * The overall index (which includes rates for Capesize…