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September 27, 2024
China's coastguard said that the Philippines sent on Friday a civilian vessel to ferry daily essentials to a ship at Second Thomas Shoal, which Beijing claims was "beached illegally" in the disputed waters of the South China Sea. The coast guard…
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September 26, 2024
Costco Wholesale, a U.S. retailer, is taking many steps to prepare for a possible strike next week in U.S. port cities on the East Coast of the United States and the Gulf of Mexico. The company's CEO said this on Thursday. Costco CEO Ron Vachris…
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September 26, 2024
A senior U.S. official confirmed on Thursday that China's latest nuclear-powered attack sub sank in the first half of this year. This could be an embarrassment to Beijing, which is seeking to increase its military capabilities. China has already…
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September 26, 2024
Euronext Wheat Futures rose on Thursday, boosted by weather concerns for planting. However, they fell from their previous one-week high amid signs of stiff competition in exports. The December wheat price on Paris' Euronext rose 0.3% to 221.25 Euros ($247.18) per metric ton.
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September 26, 2024
According to sources and a report on the accident, at least four people are dead after an oil barge sank in Venezuela's Lake Maracaibo. The barge was operated by a contractor for the state-run PDVSA energy company. The report said that another…
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September 26, 2024
On Thursday, employers negotiating a contract with union leaders at U.S. East Coast and Gulf Coast ports filed a complaint for unfair labor practices against them. They claimed that the union refused to resume negotiations before the threatened deadline.
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September 26, 2024
Italy won the Youth America's Cup Thursday, with a convincing victory over the United States. The final was held on the Mediterranean Sea near Barcelona. This is the first of two regattas that will precede the America's Cup in October when New Zealand…
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September 25, 2024
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. Keir starmer will travel to Brussels next week, where he will meet Ursula von der Leyen of the European Commission…
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September 25, 2024
Haitian Prime Minister Garry Conille stated on Wednesday that the Caribbean nation is still far from winning its battle against armed groups who control the majority of the capital. A deadline set by the United Nations for the long-delayed assistance fast approaches.
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September 25, 2024
On Wednesday, agriculture groups urged the White House take action to prevent a possible strike that could start on October 1 at U.S. East Coast and Gulf Coast ports. These ports handle about half of the nation's ocean imports. The American Farm Bureau Federation and other groups…
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September 25, 2024
Euronext Wheat Futures edged up on Wednesday, as the dry weather in Russia and Ukraine is hindering sowing. This has raised early concerns over next year's harvest. However, brisk Black Sea exports kept prices under control. Euronext's December wheat was trading at 220.50 euro ($245.70)…
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September 25, 2024
off the task at seaports on the U.S. East and Gulf Coasts on Oct. 1, cutting off crucial trade arteries simply weeks ahead of the. country's governmental election. A strike would strike 36 ports that manage about half of. U.S. ocean imports. That could affect accessibility of a variety of.
Posted to Maritime Reporter
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September 25, 2024
off the job at seaports on the U.S. East and Gulf Coasts on Oct. 1, cutting off vital trade arteries just weeks ahead of the. nation's presidential election. A strike would hit 36 ports that manage about half of. U.S. ocean imports. That could impact availability of a series of.
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September 25, 2024
The Energy Information Administration reported on Wednesday that U.S. crude oil stocks fell by more than expected last week and reached their lowest level for nearly two-and-a half years. The EIA reported that crude stocks fell by 4.5m barrels, to 413m barrels for the week ending Sept. 20.
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September 25, 2024
U.S. firms that depend on East and Gulf Coast ports have imported early, moved goods to the West Coast and even put cargo on expensive flights to hedge against an upcoming strike on Oct. 1, which could disrupt supply chains and ignite inflation in advance of the U.S. Presidential election.
Posted to Maritime Reporter
on
September 25, 2024
off the job at seaports on the U.S. East and Gulf Coasts on Oct. 1, cutting off essential trade arteries simply weeks ahead of the. country's governmental election. A strike would hit 36 ports that manage about one-half. of U.S. ocean imports. That might affect accessibility of a variety.
Posted to Maritime Reporter
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September 24, 2024
Euronext wheat prices fell on Tuesday after consolidating a rally the previous day. Traders weighed weather and war risk to Black Sea supplies against signs that Russia, Ukraine and other exporters continue to dominate markets at lower prices.
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September 24, 2024
Yemen's Vice-President stated on Tuesday that the escalation of Middle East hostilities has made it more urgent for regional and global stakeholders to develop a new strategy in order to contain the increasingly well armed Houthi rebels who are backed by Iran.
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September 24, 2024
Euronext wheat prices fell on Tuesday after consolidating a rally the previous day. Traders weighed weather and war risk to Black Sea supplies against signs that Russia, Ukraine and other exporters continue to dominate markets at lower prices.
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September 24, 2024
Kim Yo Jong - the powerful sister to North Korean leader Kim Jong Un - has criticised the presence in Busan of a U.S. submarine, according to state media KCNA. Kim said it was a sign of U.S. desire to "show off its nuclear strategic assets and increase threats", as reported by KCNA.
