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September 12, 2024
Market sources say that the crude oil loading plan for Russia from the Baltic port of Primorsk & Ust-Luga has been revised up by 0.2 million metric tons in September to 6.2 millions tons. Rosneft is Russia's biggest oil company. It has added 200…
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September 3, 2024
VTTI’s oil storage facility in the Europoort region of the Port of Rotterdam is back to normal after a power failure at the port impacted it for a few hour earlier on Tuesday. Sources close to the issue said that the Service Terminal Rotterdam…
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September 3, 2024
The Netherlands' electricity grid operator TenneT reported that a power outage at the Rotterdam Port area affected the major petrochemical industries located there on Tuesday morning for several hours. However, the problem was resolved shortly after 1000 GMT.
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August 28, 2024
Analyst APK-Inform reported on Wednesday that Ukrainian sunflower oil exports fell by 45% in August compared to July due to a limited supply of sunseeds for refineries. According to the consultancy, about 200,000 tons of sunflower oil was exported between Aug. 1 and 25.
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August 16, 2024
Data showed that a TotalEnergies SE LNG vessel docked in Bangladesh's Chittagong Port for three weeks will now be heading to the Futtsu Port in Japan as the state-run Petrobangla was unable to offload the cargo on the spot. The ship tracking…
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August 14, 2024
According to the German container liner Hapag Lloyd, who spoke with analysts on Wednesday, the global order book for ships, which represents 18% of the fleet of the world, will increase but at a reasonable rate. "I expect that the 18% which is not a concern…
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August 7, 2024
Maersk, a shipping company, said on Wednesday that global container demand will likely remain positive over the next few quarters. However, it warned of substantial risks. When it released its preliminary earnings for the second quarter last week…
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August 1, 2024
Svyrydenko, the Ukrainian Minister of Economy, arrived in Turkey on Thursday to discuss the ratification and strengthening economic co-operation with Ankara. Svyrydenko, a member of the X social network, said that the meeting also included expanding…
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July 25, 2024
A shipping source said on Thursday that Iran had released the oil cargo of the Greek owned, Marshall Islands flagged tanker, which it seized earlier this year in the Gulf of Oman. Source: Iran still holds the vessel M/T Saint Nikolas. The vessel was loaded with 1…
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July 25, 2024
In a Thursday televised address, the leader of the Iran-backed Houthi group said that a response to Israeli airstrikes in Yemen's Hodeidah was coming. A drone fired on a crowd near Yemen's Hodeidah port, killing nine and injuring 87 people, just a day after the Houthi attacked Tel Aviv…
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July 24, 2024
DSV, a Danish shipping company, said that it expected disruptions in the Red Sea to have a positive effect on its earnings during the second half. Third-largest global freight forwarder, a company that operates in sea, air and roads divisions…
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July 23, 2024
According to a Leonardo executive, a British review of defence policy will not affect a multi-billion dollar fighter jet project being developed by Italy and Japan, as well as the United Kingdom. The Global Combat Air Programme (GCAP) is being developed by BAE Systems in Britain…
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July 23, 2024
Hans Grundberg, the U.N.'s Special Envoy for Yemen, told the U.N. Security Council that recent developments in the Red Sea suggest the threat of international shipping by Yemen's Houthis has grown. Grundberg, in a briefing about the situation…
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July 23, 2024
Veniamin Kodratyev, the regional governor of the southern Krasnodar Region in Russia, said that a Ukrainian drone attacked a ferry in Port Kavkaz and killed a person. The RIA news agency, citing a source from emergency services, reported that…
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July 23, 2024
The IRGC, along with British security firm Ambrey, announced on Monday that the IRGC had intercepted a tanker flying the flag of Togo, but managed by UAE, carrying 1,500 tonnes of marine gas oil. Ambrey reported that the vessel was carrying…
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July 23, 2024
Market sources reported that Lukoil - Russia's largest oil company - has increased its crude oil loading for July by about 140,000 tons after Ukraine stopped oil transit from Europe via the Druzhba pipe. Lukoil will load the Suzemax ship Arus at Novorossiisk, Russia, on July 23-24.
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July 23, 2024
Keir starmer, the British Prime Minister, stressed on Monday that Britain's fighter-jet capability is important. However, he did not guarantee that a review of defence policy would not affect its next generation air combat programme with Japan or Italy.
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July 23, 2024
According to preliminary LSEG information, the U.S.’s second largest liquefied gas exporter, Freeport LNG, has resumed shipments following a shutdown of operations in advance of Hurricane Beryl. The processing is on track to reach half its capacity by Monday.
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July 23, 2024
BAE Systems' managing director stated that the Global Combat Air Programme, a joint venture between Britain and Japan to develop a new fighter aircraft, will be launched in 2025. Keir starmer, British Prime Minister Keir said earlier in the…
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July 23, 2024
The port authority reported that Ukraine's grain exported through the Romanian Black Sea Port of Constanta in the first six months fell by 43.5% compared to the same period last year to 4,24 million metric tonnes, because Kyiv was able to rely solely on its ports this year.
