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June 12, 2024
According to a Walking Borders report released on Wednesday, an unprecedented number of migrants died at sea trying to reach Canary Islands in Spain during the first five month period of 2024. According to the group, between Jan. 1, 2011 and May 31…
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June 12, 2024
The U.S. Treasury Department announced on Wednesday new sanctions against over 300 entities and people to cut off Russia's ability to access products and services necessary to maintain military production in Ukraine. This includes dozens of Chinese component suppliers.
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June 12, 2024
The presidency of the Democratic Republic of Congo announced on Wednesday that more than 80 people were killed in a boating accident on the River Kwa, in the province of Mai-Ndombe in the DRC. In the Congo's waters, boat accidents can be deadly. The vessels are often overloaded.
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June 12, 2024
The Baltic Exchange’s main sea freight indicator, which tracks the rates of ships transporting dry bulk cargoes, edged up on Wednesday, as gains in panmax vessels offset declines in larger capesize segments. * The overall index which includes rates for Capesize…
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June 12, 2024
Mountain Valley has received approval from the U.S. Federal Energy Regulatory Commission to begin operating its $7.85billion Virginia natural gas pipeline, according to a Tuesday filing. Since construction began in 2018, the Mountain Valley Project…
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June 12, 2024
European traders reported on Wednesday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price offers for the tender is 26 June. The tender sought a number of combinations between 50…
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June 12, 2024
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from a variety or origins. European traders confirmed this on Wednesday. The deadline for submitting price offers is June 25, 2018.
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June 12, 2024
United Kingdom Maritime Trade Operations said that a small boat struck a merchant ship who reported an incident on Wednesday in the Red Sea. Two maritime sources, who spoke on the condition of anonymity said that there was damage to the vessel in what seemed like a deliberate assault.
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June 12, 2024
West Coast traders and U.S. refiners are expressing concerns over the quality of crude oil shipped via the recently completed Trans Mountain Pipeline expansion (TMX). They warn that high vapor-pressure and acidity limitations could discourage purchases of Canadian heavy barrels.
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June 12, 2024
Government officials say that the reopening this week of Baltimore's main ship channel, less than three month after the Key Bridge collapse, was made possible by the expertise from the COVID task force and a collapsed highway overpass, as well as the 2021 Infrastructure Law.
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June 12, 2024
DFS Furniture, a British company, said it expects a lower profit for the year, due to a subdued upholstery market, delays in customer deliveries, and increased freight costs as resulting from Red Sea disruptions. The company that operates in…
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June 12, 2024
Data from the Agriculture Ministry showed that Ukraine's grain sales in the July-June 2023/24 marketing season were up to 48.4 millions metric tons on June 12 compared with 46.7 million tons at the same time in 2023. Total volume includes 1.45 million tonnes sent abroad since June's start.
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June 12, 2024
Navigation authorities reported that the Rhine river in southern Germany was reopened for cargo shipping Wednesday, after it had been closed Tuesday due to high water. The German agency for inland navigation said that the water level has dropped…
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June 12, 2024
The Danish company announced on Wednesday that the renewable energy group Orsted would install a Tesla Megapack storage system in connection with Britain's Hornsea 3 off-shore wind farm. As the production of renewable energies increases, energy…
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June 12, 2024
According to market and ship tracking data, Singapore, Asia's main oil hub, is set to receive this week the first cargo of low-sulfur straight-run fuel (LSSR) oil exported from Nigeria's newly built Dangote refinery. The newly-commissioned refinery…
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June 11, 2024
Last month, the London Metal Exchange (LME)'s aluminium stock saga took a surprising turn. In April, the focus was on Russian metal. The latest U.S. sanction package banned exchanges from accepting Russian aluminum produced after April 12, The…
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June 11, 2024
In the biggest wind tender to date, the Dutch government awarded permits for the development of offshore wind farms totaling 4 gigawatts off the coast of the Netherlands.They said that Vattenfall, a Swedish energy company, and Copenhagen Infrastructure Partners…
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June 11, 2024
The Energy Information Administration reported on Tuesday that the number of crude oil and oil product shipments using the longer route between Asia, Middle East, and the West has increased by 47% since the attacks on vessels taking the shorter Red Sea route began.
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June 11, 2024
The U.N. migration agency reported on Tuesday that at least 49 migrants were killed and 140 more missing when their boat capsized near the coast of Yemen. International Organization of Migration's (IOM) released a statement stating that the vessel was departing from Somalia…
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June 11, 2024
Last month, the London Metal Exchange (LME)'s aluminium stock saga took a surprising turn. In April, the focus was on Russian metal. The latest U.S. sanction package banned exchanges from accepting Russian aluminum produced after April 12, The…
