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Security firm reports explosion near vessel in Red Sea, off Yemen

Posted to Maritime Reporter on June 6, 2024

Ambrey, a British security company, said that a merchant ship reported an explosion near it on Thursday in the Red Sea about 19 nautical mile west of Yemeni port city Mokha. Separately, United Kingdom Maritime Trade Operations said Thursday…

The import volume of Urals in Turkey reached a record high in May

Posted to Maritime Reporter on June 6, 2024

The differentials between Urals crude and other grades of Russian crude were stable on Friday, while Turkey's imports hit a new record in May. This was according to Reuters calculations and LSEG data. LSEG data showed that Turkey's seaborne Urals crude imports reached a record of 397…

Golden Pass LNG building and construction turmoil to delay Texas plant's start-up, analysts state

Posted to Maritime Reporter on June 6, 2024

LNG, the QatarEnergy and Exxon Mobil $11. billion joint venture liquefied natural gas job in Texas,. has been delayed by a minimum of 6 months due to construction. turmoil, analysts said on Thursday. The task at the Sabine Pass site of a previous gas-import.

Russia's Rosatom signs agreement with Chinese shipping business on Arctic route

Posted to Maritime Reporter on June 6, 2024

agency Rosatom has actually signed a memorandum of comprehending with a. Chinese shipping company to establish a yearround container. line in between the 2 nations through the Arctic's Northern Sea. Path (NSR), it said on Thursday. Russian President…

CMA CGM might expand French media business abroad, CEO states

Posted to Maritime Reporter on June 6, 2024

Thursday. French media landscape in the previous two years. news channel BFM TV. I am open to worldwide growth. I would like (...),. when the combination of Altice Media has been finished, for us. to also check out financial investments abroad, Saade said.

Argentina maritime unions to stop port activities for 48 hours

Posted to Maritime Reporter on June 6, 2024

seen in the essential grainexporting region of Rosario. to halt work. nation's 2 main agricultural items. the CAPYM port chamber, Guillermo Wade, told Reuters. Wade. operations. energy sector. 80% of food shipments leave from ports located north of Rosario.

ARA fuel stocks fall by 10% - Insights Global

Posted to Maritime Reporter on June 6, 2024

Fuel stocks held in independent storage in the AmsterdamRotterdamAntwerp

Olympics-Mother of three Glover heading for 4th Games

Posted to Maritime Reporter on June 5, 2024

Double Olympic gold medallist and mom of three Helen Glover will compete in her fourth Olympics after being called on Wednesday in a 42strong British rowing squad for the Paris Games. Glover will feature in the ladies's 4 in addition to Esme Booth…

Russia's Sibur to increase Ust-Luga LPG exports by 25% in June as it protects more vessels

Posted to Maritime Reporter on June 5, 2024

the business's plans informed Reuters. metric heaps from 43,000 heaps in May. January-May from last year. Navigator Gas ended in December, the sources stated. might increase its exports, they said. Falcon early in June, among the sources said.

Baltic index hits three-week high on greater vessel rates

Posted to Maritime Reporter on June 5, 2024

rates. or 2.15%, to 1,852, its highest level because May 15. 2,945, reaching its highest level since May 13. coal, among others, increased $879 to $24,424. the Pacific area. Georgousi said in a weekly note on Tuesday. leading consumer China in June.

Gulf markets end blended; Egypt slips

Posted to Maritime Reporter on June 5, 2024

on Wednesday in the middle of steady oil prices, while soft U.S. the Federal Reserve in September. GMT. The Qatari criteria stock index increased 0.3%,. getting for a fifth straight session, supported by a 1.9%. increase in Industries Qatar and a 0.7% rise in Qatar. Gas Transport.

Libra Group exits container shipping in $2 bln sales play

Posted to Maritime Reporter on June 5, 2024

company's executive chairman said. rose. U.S.-headquartered Libra Group, stated they had taken the most significant. wager in shipping history by purchasing ratings of ships in between 2010. to 2020. It was a very difficult time, lots of challenging years, he.

India prepares new shipping company to catch profits from growing trade

Posted to Maritime Reporter on June 5, 2024

India plans to set up a. new shipping company to expand its fleet by a minimum of 1,000 ships. in the next years, as Asia's thirdlargest economy looks for a. bigger portion of income from rising trade, 2 government. authorities said. The South Asian country is investing billions of dollars to.

Algerian wheat purchase estimated at 810,000 to 840,000 T -traders say

Posted to Maritime Reporter on June 5, 2024

on Tuesday, European traders stated on Wednesday. on Tuesday night. $ 279.50 a metric ton, expense and freight (c&& f) consisted of. Romania, Bulgaria and perhaps Russia. materials were seen as best placed to be sourced. Some volume was also anticipated to be sourced from France.

RPT-Egyptian man who endured shipwreck rejects triggering Greece boat disaster

Posted to Maritime Reporter on June 5, 2024

set foot on European soil. others with smuggling and causing the disaster. If convicted, he would have faced life jail time. fear started. What's wrong? What's happened? Did I do anything? he told Reuters. They're informing us that we are smugglers. Traffickers?

River Rhine in south Germany remains closed to shipping after rain

Posted to Maritime Reporter on June 5, 2024

navigation authorities said. Germany, the German inland waterways navigation agency said. heavy rain caused comprehensive flooding. shipping early on Friday. Duesseldorf. Switzerland. grains and animal feed. since of abnormally dry summer seasons recently.

Jordan gets 8 individuals in 120,000 T wheat tender, traders say

Posted to Maritime Reporter on June 4, 2024

metric lots of wheat, traders said in preliminary evaluations. they stated. expected later on Tuesday, traders said. Shipment in the new tender for difficult wheat was looked for in a. series of possible mixes in consignments of 50,000 to. 60,000 heaps.

Sri Lanka shares end lower, dragged by realty and consumer staples

Posted to Maritime Reporter on June 4, 2024

staple stocks. 12,050.44. It has actually fallen in 11 out of the last 14 sessions. * Mercantile Shipping Business PLC and Diesel &&. Motor Engineering PLC were the top portion losers. on the CSE All Share, falling 17.6% and 6%, respectively.

UKMTO and Ambrey report event near Yemen's Hodeidah

Posted to Maritime Reporter on June 4, 2024

explosion a considerable distance from the ship. Palestinians combating Israel in Gaza. note. info indicating missile activity near the same place. targeted at the Bab al-Mandab Strait and the Gulf of Aden. longer and more pricey journeys around southern Africa.

Ukraine's May grain exports jump 67%, ministry says

Posted to Maritime Reporter on June 4, 2024

ministry data showed on Wednesday. million heaps by the same date in the previous season. 26.2 million tons of corn and about 2.4 million tons of barley. its Black Sea ports. exportable surplus of about 50 million loads. of grain. crops to reach 73 million tons.

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