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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…
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June 10, 2024
Brokers reported on Wednesday that Ukraine's waterborne food exports in May totaled 5.9 million metric tonnes, including 5.1 millions tons sent through its Black Sea port and 800,000 via the River Danube. Spike Brokers which tracks and publishes…
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June 10, 2024
European traders reported on Wednesday that Algeria's state grain agency OAIC purchased between 810,000 to 840,000 metric tonnes of milling wheat at an international auction on Tuesday. The estimate of 800,000 tonnes by traders on Tuesday night was lower.
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June 10, 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 optional origins. The deadline for submitting price offers to the tender is June 11th. Traders had anticipated a new announcement after Jordan failed to purchase 120…
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June 10, 2024
LME data revealed on Monday that the proportion of aluminium of Russian origin available in approved warehouses by the London Metal Exchange fell from 89% to 42% in may, from 89% in earlier months, and the percentage of Indian origin increased from 9% to 50%.
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June 10, 2024
The Baltic Exchange main sea freight index which tracks the rates of ships transporting dry bulk commodities was not changed much on Monday, as gains for panamax vessels offset weakness in the capesize segment. * The overall index which includes rates for Capesize…
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June 10, 2024
The port's deputy director, who spoke to Reuters, said that the port expects its nominal capacity of nine millions containers to be exceeded this year. Security problems in the Red Sea have had little effect on traffic growth. The port handled 8.61 million 20-foot equivalent unit (TEU) last year…
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June 10, 2024
U.S. Central Command said that Yemen's Houthi militia group has been launching missiles against international ocean shipping for the past 24 hours, and two commercial ships have been damaged in those attacks. CENTCOM reported that the Iran-backed…
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June 10, 2024
Ambrey, a British security company, said that on Sunday a general cargo ship flying the flag of Antigua and Barbuda was hit by a missile at 83 nautical mile southeast of Yemen’s Aden. The fire started before it could be contained. Earlier, United…
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June 7, 2024
Doctors Without Borders said that a charity rescue vessel recovered the bodies 11 migrants near the coast of Libya after having saved more than 160 people. MSF reported that its Geo Barents rescue and search vessel had picked up 146 migrants over two operations.
