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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
The Greek coast guard has denied the Turkish Defence Ministry's accusations that it had forced migrants to leave the island of Lesbos and enter Turkish territory. The Turkish defence ministry had earlier uploaded a video of a Greek coastguard operation on the plaftform. X platform.
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July 23, 2024
Harland & Wolff, a Belfast-based shipbuilder, announced on Friday that it had been in urgent discussions with its principal lender to address its near-term funding needs as well as explore strategic options for the future. The shipyard that…
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July 23, 2024
European traders reported that Tunisia's state grain agency purchased approximately 100,000 metric tonnes of animal feed barley with optional origin in a Friday international tender. They said that the agency believed to have purchased four consignments of 25…
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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
The Russian Defence Ministry reported that Russian warships had conducted routine combat training in the White Sea, involving a convoy of ships and defending them. Two small anti-submarine vessels, the Onega, and the Naryan Mar, practiced the…
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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
Shipping tracking data revealed that in June, about 150,000 barrels of Canadian crude per day (bpd), slightly less than the average, were exported to the U.S. Gulf Coast. This was despite the Trans Mountain Pipeline (TMX) expansion, which pushed some barrels towards Vancouver.
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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
Ankara and Turkey agreed to send a vessel to explore for oil and natural gas off the coasts of Somalia. Anadolu Agency, a state-run news agency, reported that President Tayyip Erdoan submitted to the Turkish Parliament late Friday a motion seeking…
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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
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
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
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.
