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July 23, 2024
These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch their accuracy. LVMH, the luxury goods conglomerate, and its billionaire founder bought a stake of Bicester Village as…
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July 23, 2024
According to preliminary LSEG information, the U.S.’s second largest liquefied gas exporter, Freeport LNG, has resumed shipments following a shutdown of operations in advance of Hurricane Beryl. The processing is on track to reach half its capacity by Monday.
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July 23, 2024
On Saturday, Defence Minister Yoav Galant stated that Israel had struck the Houthis after they injured an Israeli. Gallant stated in a press release that "the fire currently burning in Hodeidah is visible across the Middle East, and its significance…
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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
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
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. Overview - On Thursday, the Bank of England announced that it was experiencing a temporary outage of its CHAPS interbank payments system.
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July 23, 2024
Air India announced on Friday that a plane containing food and other necessities was heading to Russia to pick up passengers who were stranded there after an earlier flight bound for San Francisco made an emergency landing. Air India's aircraft…
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July 23, 2024
The European Wheat Futures were little altered on Thursday, as the rebound from its four-month low was halted amid fierce export competition due to Black Sea supplies. The price of front-month wheat for September on Euronext remained unchanged at 215.00 Euros ($234.63) per metric ton.
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July 23, 2024
Vineyard Wind warned on Thursday that debris from an offshore wind turbine which broke could wash up along the Massachusetts coastline after a large portion of the damaged shaft fell into the sea. The company stated that although crews work to remove debris from the ships…
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July 23, 2024
The European Wheat Futures fell on Thursday, as the rebound from its four-month low was stalled by stiff competition from Black Sea exports. The price of front-month September wheat at the Paris-based Euronext Exchange was down by 0.2% to 214.50 euro ($233.98), per metric tonne, as of 1528 GMT.
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July 23, 2024
The Vineyard Wind offshore project, which dispersed shards and fiberglass along Massachusetts beaches this week, was the latest of a string of wind turbines manufactured by GE Vernova to fail. According to a recent analysis of wind power incidents…
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July 23, 2024
The French shipping and logistic company CMA CGM announced Thursday that it has entered into a partnership agreement with Alphabet’s Google in order to accelerate the deployment of AI across all its global operations. CMA CGM strives to improve…
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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
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
A federal agency announced on Tuesday that the Vineyard Wind offshore wind power project, located off the coast Massachusetts, has been suspended until further notice. Authorities are investigating a failure of a turbine blade which caused debris to wash ashore on beaches. The U.S.
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July 22, 2024
European ports. Below are actions taken by some shipping business (in. The French shipping group has suspended most Red Sea trips. but is still sending out some cargoes on a case by case basis when. French navy escorts are possible, Chairman and CEO Rodolphe. Saade said on Feb. 29.
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July 12, 2024
The German government announced on Friday that Berlin takes reports of an assassination plot against the head of Rheinmetall arms manufacturer very seriously. It will not be intimidated by Russian threats. CNN and The New York Times reported on Thursday that U.S.
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July 8, 2024
Avangrid is the U.S. subsidiary of Spain's Iberdrola. The companies announced on Monday that Avangrid has agreed to sell the Kitty Hawk North offshore lease area to utility Dominion Energy, for approximately $160 million. Dominion announced that Kitty Hawk Wind North…
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July 3, 2024
The commodity trader announced in a Wednesday release that Vitol had secured three LNG bunkering ships through its shipping company. The vessels were obtained through a time charter agreement of seven to ten years with Avenir LNG Limited, and…
