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September 12, 2024
Under Ferdinand Marcos Jr., the relationship between Manila and Beijing has soured. Manila is now turning back to the United States for support in its maritime disputes against China. JAN 3: The Philippines and United States conduct their second joint patrol of the South China Sea…
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September 11, 2024
Euronext Wheat Futures reached a new four-week high on Wednesday as weather setbacks from Russia offset the recent pressure of brisk Black Sea Exports. December wheat, which was the most actively traded position on Paris' Euronext, closed 1.4% higher at 223.00 Euros ($245.52) per metric ton.
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September 11, 2024
Hanhwa Group, a South Korean conglomerate, has offered to buy all the shares in Dyna-Mac Holdings that it does not already own. This would value the offshore oil-and-gas contractor at S$669.2million ($513.90million). Hanhwa units Hanhwa Aerospace, and Hanwha Ocean own 25,4% of Dyna-Mac.
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September 11, 2024
Members of the Budget Committee told the German lower house and Lower Saxony's state parliament on Wednesday that they had approved the rescue of Meyer Werft - one of the largest cruise ship builders in the world. The shipbuilder has a financing gap of almost 2.8 billion euros ($3.1 billion)…
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September 10, 2024
Petroecuador, Ecuador's sole energy project offshore, said on Tuesday that it would launch a fresh bidding process in order to find a suitable operator. In a press release, the company stated that three wells in operation produce around 21 million cubic foot of gas each day.
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September 10, 2024
Ben Ainslie, British Team Captain, said that his team is focused on improving themselves and the AC75 boat before they move into the next phase of America's Cup campaign. The British crew, after what Ainslie described as "rustiness" in the race…
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September 10, 2024
In a tweet on Tuesday, the Senegalese Navy said that the death toll in a migrant ship accident off the coasts of Senegal had risen to 26, after 17 additional bodies were discovered. Radio Television Senegalaise reported late Sunday that the boat…
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September 10, 2024
Customs data released on Tuesday showed that China's crude imports fell by 7% in August compared to the same period last year. This was due to weak refining margins, low fuel consumption, and a continued decline in demand. However, shipments have recovered from their lows.
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September 9, 2024
Euronext Wheat Futures eased Monday, as Black Sea exports boosted prices in Paris from their three-week high. The grain markets also showed signs of consolidation as they awaited the widely anticipated U.S. government's crop forecasts, which are due later this week.
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September 9, 2024
Euronext Wheat Futures eased Monday, as brisk Black Sea Exports and Chicago weakness encouraged Paris prices from their three-week high. The grain markets also consolidated as they awaited the widely anticipated U.S. government's crop forecasts, which are due later this week.
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September 9, 2024
On Monday, France lost their chance to compete for the coveted America's Cup trophy. Britain, however, won key matches in the round-robin, putting them at the top of the leaderboard. Ben Ainslie and the British team are the leaders in the Louis Vuitton Cup semi-finals.
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September 9, 2024
France was eliminated from the America’s Cup challenger series on Monday. Their dream of competing for this coveted trophy ended when they were beaten convincingly by Britain off Barcelona in light winds. The Louis Vuitton Cup double round-robin…
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September 9, 2024
QatarEnergy announced on Monday that it had signed a contract with China State Shipbuilding Corporation for the purchase of six ultra-large vessels to transport liquefied gas. This brings its total number of such vessels on order up to 128.
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September 9, 2024
Chicago wheat prices dropped to their lowest level in a week on Monday, as exports from the Black Sea Region kept the market defensive. The price of corn eased, while the price of soybeans increased ahead of a report on supply and demand from the U.S.
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September 8, 2024
Italian media reported that the Italian coast guard had recovered six bodies near the coast of Sicily. The bodies are believed to be among the 21 people who were missing after a shipwreck involving migrants earlier in the month. Italian Coast Guard said that on Wednesday…
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September 6, 2024
Claudia Sheinbaum, the Mexican president-elect, announced Friday her choices for the top military leaders of the country when she assumes office in the next month. She named General Ricardo Trevilla to be the defense minister and Adm. Raymundo Morales as the leader of the Navy.
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September 6, 2024
the U.S. have softened, experts said. gasoline and diesel utilizing secondary units. But loadings of those items to the Gulf Coast, America's. biggest refining hub, fell by a 3rd in August from the previous. month to 260,000 barrels per day (bpd), according to information from.
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September 6, 2024
The Feed Leaders Committee of South Korea (FLC) bought between 66,000 and 68,000 metric tonnes of animal feed corn that was expected to come from the United States on Thursday in a late private deal without issuing a tender to international buyers, European traders reported on Friday.
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September 6, 2024
Lai Ching Te, Taiwan's president, told sailors on a warship that was ready for combat at a major naval base in the Taiwan Strait Friday that he would have their backs. He thanked them for protecting Taiwanese safety at a moment of increased tensions with Beijing.
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September 5, 2024
On Thursday, more than a dozen ex-U.S. Coast Guard Academy (USCA) students who claim to have been sexually assaulted filed complaints seeking damages of $130 million. They accused the school of allowing such violence to continue unchecked. Former…
