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November 12, 2024
Two people familiar with the plan on Tuesday said that oil exports from Russia’s Black Sea Port of Novorossiisk will decline from 2.42 millions metric tons to 1,89 million metric tonnes, or about 460,000 barrels per daily, in November, from 2,42 million tons in Oct.
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November 12, 2024
Hyundai Motor India's first earnings report after listing revealed that the company, which is India's second largest carmaker based on market share, saw a 16.5% drop in its quarterly profit, due to lower sales at home and disruptions along the Red Sea, which hurt exports.
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November 11, 2024
Cecafe, a group representing the industry, said that Brazil exported 4,57 million 60 kg bags of green beans in October. This was the highest monthly export for Brazil. According to Cecafe, the shipments of Brazil, which is the largest producer and exporter of coffee in the world…
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November 11, 2024
LSEG data and traders' reports show that India and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports in October decreased by 3% compared to September.
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November 10, 2024
Japan's Navy reported that a fire broke out on Sunday on a Japanese Warship near the west of the country. One crew member was hospitalised because of smoke installations, and another went missing. Japan Maritime Self-Defence Force said that…
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November 10, 2024
China has rejected Philippine maritime claims, saying that new legislation infringes "severely" on Beijing's territorial sovereignty in the South China Sea and its rights, and has vowed to protect their own interests. On Friday, Philippine President Ferdinand Marco Jr.
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November 10, 2024
On Sunday, a fire broke out aboard a Japanese Self-Defence Forces vessel. According to the national broadcaster NHK, one crew member had been hospitalised for smoke inhalation. The Maritime Self-Defence Force reported that the minesweeper Ukushima…
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November 10, 2024
Al Masirah TV (the main Houthi-run television news outlet) reported Sunday that the United States and Britain conducted raids in the Yemeni capital Sanaa and the Amran Governorate, among other areas. Residents and media from the Houthi group claimed that nine raids targeted Sanaa and its suburbs…
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November 8, 2024
In the coming years, the Panama Canal Authority may double the number of containers moving through the important East-West waterway. The canal's head told a maritime convention on Friday. Chief Ricaurte Vazquez said at the Houston International…
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November 8, 2024
The Royal New Zealand Yacht Squadron confirmed on Friday that Britain's INEOS Britannia was the Challenger of Record in the 38th America's Cup. This sets the stage for next year's edition of the most prestigious sailing competition. The Challenger…
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November 8, 2024
The coastguard reported on Friday that authorities in Comoros arrested a suspected people smuggler for an incident where traffickers intentionally capsized a vessel last week and killed at least 25 people aboard. Fahmy Husny el-nassib is the head of the Comorian Coastguard.
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November 8, 2024
A small group of migrants on board an Italian navy vessel docked at an Albanian port Friday, as Rome attempted to salvage its plan to process asylum-seekers abroad after the first attempt was thwarted by legal obstacles. A reporter reported that the ship had arrived before 8 am (0700 GMT).
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November 7, 2024
Taiwan's Coast Guard said on Friday that it would reward people who spot Chinese activity in the sea, such as warships and submarines. It claimed it was using "people power" to increase its limited workforce. Taiwan, which China claims to be its territory…
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November 7, 2024
An official from the Jeju City Government said that two people were killed and 12 still remain missing after a boat capsized in the waters near South Korea's Jeju Island on Friday. Officials said that they had lost track of a boat leaving the port of Busan, South Korea in the early morning hours.
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November 7, 2024
Moroccan importers booked several loads of European Union wheat over the past few days, boosting EU exports amid fierce competition in the Black Sea so far this year, traders reported on Thursday. According to traders, Moroccan buyers purchased…
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November 7, 2024
European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price proposals in the tender is November 13. Jordan's failure to purchase 120…
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November 7, 2024
ADNOC Logistics & Services has signed contracts for $4.4 billion in order to build 23 supertankers that will transport ethane and ammonia, as well as liquefied gas. This was reported by the UAE state news agency on Thursday. ADNOC CEO Abdulkareem Al Masabi stated that the company…
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November 7, 2024
Xu Jingkun, the only Chinese skipper among the 12 non French skippers who will start the 10th edition on Sunday of the Vendee Globe, is the first to sail non-stop alone around the world despite having lost his left arm when he was 12. Xu, the…
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November 7, 2024
Deutsche Bank has lowered their forecast for the ECB terminal rate from 2.25% to 1.5%, due to the prospect that U.S. Tariffs will be implemented under a Donald Trump Administration, weaker macroeconomic performance and the risk of inflation below target.
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November 6, 2024
A senior South Korean official revealed on Thursday that South Korean President Yoon Suk Yeol spoke with Donald Trump, the U.S. president-elect. They discussed maintaining close ties in all fields including security and economy. The official…
