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June 11, 2024
According to multiple trade sources and data on ship tracking, China's Hengyi increased fuel oil exports this month from its Brunei refining plant and delayed loadings of the other refined products after an fire occurred at the facility in late May.
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June 11, 2024
LSEG data on Tuesday showed that Russia's January to May LNG exports increased by 6.3% compared to a year ago, reaching 13.6 million metric tonnes. Europe accounted 55% of total or 7.5 millions tons. The data shows that exports were essentially unchanged in May compared to April…
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June 11, 2024
European traders reported that a group of South Korean mills purchased an estimated 50,000 tons of milling grain to be sourced in the United States at an international auction on Tuesday. The tender also included 40,000 tonnes of Canadian what. However, the prices were considered too high. The U.S.
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June 11, 2024
European traders reported on Tuesday that Taiwan's MFIG buying group had issued an international tender for up to 65,000 metric tonnes of animal feed corn, which could be sourced in the United States, Brazil Argentina or South Africa. They said…
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June 11, 2024
According to two sources who have direct knowledge of this matter, Actis and I Squared Capital, global infrastructure investors, are considering bids for Beijing Capital Group’s Singapore waste management company ECO. Sources said that Keppel of Singapore is also interested…
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June 11, 2024
Senior Taiwanese officials confirmed on Tuesday that the Chinese man arrested for illegally entering a Taipei harbor in his speedboat is a former naval captain who may have been testing the island's defenses. The man was arrested by the Taiwanese…
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June 10, 2024
The federal agencies announced on Monday that they had restored full access to commercial maritime transit in the Port of Baltimore following the removal of more than 50,000 tons of debris resulting from the collapse of the Key Bridge on March 26.
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June 10, 2024
The Bureau of Ocean Energy Management released on Thursday its final analysis of the environmental impact of leasing Central Atlantic coast areas for offshore wind development near Delaware, Maryland and Virginia. We will continue to work with…
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June 10, 2024
A draft plan released by Germany's maritime authority on Friday showed that the country plans to build more turbines in the North Sea and Baltic Seas by 2035 than it originally planned. The German Maritime and Hydrographic Agency has published…
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June 10, 2024
Scientists in Israel claim that the sea-borne virus which decimated sea urchin populations at the Red Sea is now destroying the species throughout the Indian Ocean. The sea urchin species that was impacted is well known as a protector of coral reefs…
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June 10, 2024
The Philippine Coast Guard on Friday criticized its Chinese counterpart for blocking efforts to evacuate an ill member of their armed forces from the South China Sea. It called its actions "barbaric" and "inhuman". The Philippines reported that the incident took place in the last month.
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June 10, 2024
Mountain Valley, a U.S. natural-gas pipeline company, asked federal regulators Monday to allow its Virginia pipeline to be operational by June 11. In a filing to the Federal Energy Regulatory Commission, the company stated that the last segments…
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June 10, 2024
The British defence ministry stated on Sunday that a claim by the Houthis of Yemen, that they fired ballistic missiles against a British destroyer at the Red Sea is false. The Houthis didn't say if the attack on the HMS Diamond they claimed to have carried out had caused any damages…
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June 10, 2024
On Saturday, another body was found off the coasts of Libya. A day earlier, Doctors Without Borders had recovered the bodies 11 migrants from the Mediterranean Sea in the same region. The rescue ship claimed to have saved over 160 people. Sea Watch…
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June 10, 2024
European traders reported that Tunisia’s state grain agency purchased approximately 50,000 metric tonnes of soft wheat, and 75,000 tons of animal feed barley at an international auction on Friday. The wheat was bought by Finagrit at $267.64 per ton…
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June 10, 2024
Initial assessments by European traders suggest that the lowest price offered at Friday's international tender for around 50,000 metric tonnes of soft milling grain from Tunisia was $267.64 per tonne, c&f. Finagrit, a trading house, was thought to have made the offer for 50,000 tons.
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June 10, 2024
A port spokesperson announced on Friday that authorities in Antwerp had closed a dock, and were using drones to monitor any fallout of an oil spill which occurred when a ship bunkered at one of the docks. To prevent the spread of the spill,…
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June 10, 2024
Sources in the industry said that despite a rally on the high-sulphur fuel (HSFO) markets of Asia, boosted by lower Middle East oil exports and OPEC+'s cuts, it is likely to slow down as Russian exports will remain elevated, and ease supply.
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June 10, 2024
Sibur Holdings, Russia's largest liquefied gas producer and exporter will increase LPG loadings at the Baltic port of Ust-Luga this month by a quarter after securing additional gas carriers, according to two people familiar with its plans. The company said it would increase LPG loads to 52…
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June 10, 2024
Hapag-Lloyd's Chief Executive Rolf Habben Jansen stated on Wednesday that the demand for container shipping across the oceans around the world has increased significantly in the last few weeks, but this upswing could be short-lived. At an online presentation…
