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July 1, 2025
Four traders reported on Tuesday that the premiums for ESPO blend crude oil shipping from Russia's Kozmino Port late in July or early August to China are unchanged compared with those for earlier in the month. The Chinese said that the premium over ICE Brent was greater than $2 per barrel…
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June 30, 2025
A U.N. official reported on Monday that one woman had died, two were missing, and 87 migrants were rescued after a shipwreck near the Italian island Lampedusa. Lampedusa is located between Tunisia and Malta, and the larger Italian Island of Sicily.
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June 30, 2025
Commodity traders reported on Monday that a heatwave in Western Europe had lowered the water level on Germany's Rhine River. This has affected shipping and increased freight costs for cargo owners as their vessels could not sail fully loaded.
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June 27, 2025
Hanwha Ocean, a South Korean shipbuilder, announced on Friday that it had added a comprehensive finance deal to its bid to sell submarines to Poland. Poland wants to purchase three submarines as part of its "Orka", programme, to expand its military…
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June 27, 2025
Three Irish sisters are rewriting history at the Optimist World Championship, a regatta that is forming the future of sailing. Maeve Donagh, Emily Donagh and Lily Donagh will represent Ireland in the 2025 edition at Portoroz. Together with teammates Charlotte Crosbie…
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June 26, 2025
The shares of European defence companies rose on Thursday, after NATO leaders supported the demand for increased defence spending by U.S. president Donald Trump on Wednesday. At 0814 GMT on Friday, German company Rheinmetall, and Italian Fincantieri…
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June 24, 2025
The team announced on Tuesday that French sailing legend Charlie Dalin would miss the entire racing season of 2025 due to health issues. British skipper Sam Goodchild will take over the helm at the IMOCA MACIF Sante Prevoyance Yacht. Despite this year's Vendee Globe champion being absent…
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June 24, 2025
Euronext Wheat Futures dropped sharply on February 2, as traders reported that a tentative ceasefire agreement between Israel and Iran reduced war concerns, while the build-up to large harvests in Northern Hemisphere was maintaining supply pressure.
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June 23, 2025
Oil prices dropped 1% on Monday, after reaching a five-month peak. Markets were trying to gauge the effect of U.S. airstrikes on Iran over the weekend on the transit of oil and natural gas through the Strait of Hormuz. Brent crude futures fell 70 cents or 0.9% to $76.31 per barrel at 10:46 am ET.
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June 23, 2025
Data provided by Italian authorities shows that Italy has frozen Russian assets worth around 2.3 billion euro ($2.64 billion), with the latest seizures taking place at the beginning this month. Italy has seized bank accounts, yachts, luxury…
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June 21, 2025
The Russian Embassy in Mexico announced on Saturday that it was ready to share its energy technologies and supply Mexico with liquefied gas. "We already work with Mexico." "We have excellent LNG technology, and we're ready to share this technology and supply LNG too…
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June 20, 2025
Thyssenkrupp's CEO Miguel Lopez received a five-year extension, the German conglomerate announced on Friday. The company also set a date in the summer for an extraordinary general assembly to allow shareholders to approve the planned listing.
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June 20, 2025
The team announced that Peter Burling, a three-time America's Cup winner and helmsman of New Zealand's Luna Rossa, has left New Zealand to join the Italian team Luna Rossa ahead of the 2027 edition sailing's most prestigious event. The 38th America's Cup will be held in Naples, Italy.
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June 20, 2025
Maersk, a container shipping company, announced on Friday that it temporarily suspended vessel calls to Israel's Haifa Port due to regional tensions. The Danish company stated that it had not experienced any other disruptions in its planned operations in the area.
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June 20, 2025
Trade and shipping data revealed that Russia increased its seaborne fuel oil exports and vacuum gasoil to India and Turkey during May, as the falling oil prices attracted buyers and the hot summer season demanded more fuel. The oil price fell…
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June 19, 2025
China's military condemned on Friday the sailing of a British ship through the Taiwan Strait, saying that it was a deliberate effort to "cause troubles", and undermined the peace and stability in this region. The Royal Navy of Britain said that…
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June 19, 2025
The company announced on Thursday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has stopped its trading activities due to UK sanctions. Western powers have imposed sanction on Russia's traders and fleet, accusing them…
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June 18, 2025
Shell CEO Wael Sawan stated on Thursday that the oil and natural gas giant was "very cautious" about its shipping through Middle East due to the escalating conflict in the Middle East between Israel and Iran. Thursday, the Iran-Israel air conflict entered its seventh day.
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June 18, 2025
Air India Chairman N. Chandrasekaran stated on Wednesday that the Boeing Dreamliner that crashed last week with 242 passengers on board had a clean history of engines. Chandrasekaran told Indian broadcaster Times Now that Air India Flight 171's left engine had last been serviced in 2023…
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June 18, 2025
Serie A CEO Luigi De Siervo cited illegal streaming and the lack of TV revenues as a reason for Italy's struggle to develop homegrown talent, as the Azzurri try to return to World Cup after 2014. Italy, once a regular fixture at the World Cup and four-times champions…
