Marine Link
Wednesday, August 14, 2024

Maritime Blogs

Chinese-Singaporean consortium to construct port in Georgia, government says

Posted to Maritime Reporter on May 29, 2024

Wednesday cited Economy Minister Levan Davitashvili as stating. the local news website Civil.ge pointed out Davitashvili as saying. own 51% of shares, while the consortium will own the rest. Georgia has said it plans to start building and construction operate in June.

Baltic index gains on company capesize rates

Posted to Maritime Reporter on May 29, 2024

vessels rose. points, or 0.34%, to 1,790. 2,674, its greatest level given that May 21. coal, among others, increased $545 to $22,178. eclipsed home stimulus steps in China. its lowest level because April 16. dipped $355 to $15,858. points, or 1.22%…

South Korea, UAE accept slash import tasks, reinforce ties

Posted to Maritime Reporter on May 29, 2024

financial investment ties. the workplace of President Yoon Suk Yeol stated in a declaration. tap the financial investment capacity of the energy-rich Gulf state. from nuclear power and defence to hydrogen and solar power. six LNG carriers valued at about $1.5 billion, it said. Korea said.

Olympics-French connection boosts Australian Fox for more canoe slalom splendor

Posted to Maritime Reporter on May 29, 2024

Born in Marseilles to an Olympic medalwinning French mom, Australian canoeing terrific Jessica Fox will savour a special Games in Paris when she paddles for more glory in the slalom occasions. Fox will bid for back-to-back gold medals in the females's canoe singles (C-1) at her fourth Games…

PetroChina loads first crude from UAE's Belbazem field for Singapore refinery

Posted to Maritime Reporter on May 29, 2024

Company (ADNOC). March and the cargo, packed on May 26 on vessel Captain X. WeChat account late on Tuesday. The Belbazem offshore block, located 120 kms (75 miles). northwest of Abu Dhabi city, is run by Al Yasat Petroleum,. a joint endeavor between ADNOC and China National Petroleum.

Growing armada shipping approved oil burns dirty fuel in an obstacle for clean-up efforts

Posted to Maritime Reporter on May 29, 2024

according to delivering information and sources. emissions and other toxins and satisfy more comprehensive green targets. cleaner shipping requirements. with maritime information group Lloyd's List Intelligence. The dark fleet has gone on steroids. more complex and advanced. Bockmann said.

EU anti-piracy force frees ship from suspected pirates off Somalia

Posted to Maritime Reporter on May 28, 2024

The European Union's. antipiracy force in the Indian Ocean and Red Sea stated on Friday. the Liberianflagged merchant vessel Basilisk had been released. from believed pirates off the coast of Somalia and its 17 crew. members were safe. The ship was attacked by suspected pirates on Thursday.

Russian wheat export prices increase as crop forecasts cut

Posted to Maritime Reporter on May 28, 2024

Russian wheat export rates continue to increase as forecasters cut their harvest approximates due to bad weather and the slow rate of sowing, which slid to a. sixyear low. The price of 12.5% protein Russian wheat scheduled for.

Estonia says China has actually not reacted to subsea cable televisions probe request

Posted to Maritime Reporter on May 28, 2024

cut two of its subsea telecoms cable televisions. bells in the larger area. Bear as the prime suspect. prosecutor Triinu Olev said in a composed statement on Tuesday. the damage was caused deliberately or by accident. evidence from the vessel and its team, she included.

Greece finds 109 kilos of drug in container with frozen squid, cops sources say

Posted to Maritime Reporter on May 28, 2024

Piraeus, authorities sources said on Tuesday. Croatia, one of the officials said. the world's No. 1 drug market. cooperation with the U.S. Drug Enforcement Administration. Lots of plastic bags containing more than 210 kg (460. pounds) of cocaine were found and confiscated in containers with.

Vessel struck by missiles off Yemen's coast, state shipping sources

Posted to Maritime Reporter on May 28, 2024

security and shipping sources said on Tuesday. British security firm Ambrey stated. the damage. It was headed to the United Arab Emirates. right away reply to a request for remark. occurrence 31 nautical miles southwest of Hodeidah. continuing to its next port of call. with Palestinians.

Baltic index hits near 1-month short on weaker vessel rates

Posted to Maritime Reporter on May 28, 2024

Tuesday, weighed down by lower rates throughout all sections. points, or 0.72%, to 1,784, its most affordable level considering that May 2. 2,608. coal, to name a few, reduced $41 to $21,633. * The dry bulk market saw a 74% decrease in transits and a.

Pepkor aims to tap higher earnings shoppers with rebranded womenswear stores

Posted to Maritime Reporter on May 28, 2024

upmarket to tap midtoupper income consumers as it looks for a. bigger share of the adult wear market. The retailer, which also offers electronic devices, has a dominant. market share in children's wear in South Africa through its. largest organization PEP along with Ackermans.

Intensifying emissions: How Red Sea disruptions are driving up carbon emissions

Posted to Maritime Reporter on May 28, 2024

increase their carbon dioxide emissions. these rerouted journeys contribute to the difficulty. forced them to alter providers, and increasing freight costs. in Europe for PepsiCo. 2030 and 2040 environment pledges. disturbances. adding hundreds of kilometers (miles) to each journey.

British Service - May 28

Posted to Maritime Reporter on May 28, 2024

business pages of British papers. confirmed these stories and does not attest their precision. seeking to breathe life into the long-delayed job. billion-dollar startup. fast-fashion merchant established in China sets its sights on a. London stock exchange listing.

Ukraine leader states French military instructors to visit Ukrainian training centres

Posted to Maritime Reporter on May 27, 2024

trainers to visit Ukrainian training centres soon. link with French defence minister Sebastien Lecornu. personnel. this enthusiastic task. sending troops to Ukraine and at a conference in Paris on Feb. be to train Ukrainians in Ukraine. February 26.

X-Press Feeders completes its first bio-methanol bunkering at Singapore

Posted to Maritime Reporter on May 27, 2024

dualfuelled vessels purchased. 2035 and to reach net-zero carbon emissions by 2050. such as waste and residues helps reduce carbon emissions by 65%. versus traditional marine fuel, said Francis Goh, chief. operating officer at X-Press Feeders.

Proman Stena Bulk refuels ship with methanol for first time in Singapore

Posted to Maritime Reporter on May 27, 2024

metric tons of methanol in Singapore on Friday, the company's. Such operation there. The operation leads the way for more cleaner-burning fuels. to be provided to ships in Singapore, the world's biggest. bunkering port. Delivering creates 3% of global greenhouse gas. emissions.

Urals diffs inch up in India amid need for June barrels

Posted to Maritime Reporter on May 25, 2024

for Juneloading barrels, traders said on Friday. at a. discount of $3.50 per barrel to dated Brent, slightly firmer. than May freights, which traded at a discount rate of $3.50-4 per. barrel versus dated Brent on provided ex ship (DES) basis in. Indian ports, traders said.

Asian spot LNG costs at five-month high on firm need, geopolitical threats

Posted to Maritime Reporter on May 25, 2024

Russian gas supply. $ 10.90/ mmBtu in the previous week, industry sources approximated. unforeseen blackouts and ongoing geopolitical dangers, said Alex. Froley, senior LNG analyst at information intelligence company ICIS. Asian buyers have been increasing demand to capitalize.