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September 13, 2024
A source familiar with the situation said that Italian Navy divers recovered video surveillance gear from the superyacht which sank near Sicily in late October, killing British tech magnate Mike Lynch, as well as six others. The equipment recovered…
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September 13, 2024
Chicago wheat futures rose on Friday, hovering near their highest level in two months. Supply concerns increased due to the escalating tensions around the Black Sea region. The corn market rose for the third session in a row despite the U.S.
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September 12, 2024
Euronext Wheat ended Thursday slightly lower as an unexpected rise in a closely followed forecast for the U.S. Corn Crop encouraged prices to consolidate following a rally related to Black Sea Supply Concerns, traders said. The December wheat contract…
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September 12, 2024
Euronext Wheat Futures rose on Thursday for the third consecutive day, reaching a new peak of one month. Reports that a grain ship had been struck by a missile on the Black Sea kept attention on the supply risks in this vital export zone. The gains were modest…
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September 12, 2024
LIMAY, Philippines, Sept 12 (Thomson Reuters Foundation). - E fren Dominico has actually been a fisherman in the Bay of Manila in. the Philippines for 43 years and survived many storms, but. absolutely nothing prepared him for the day when an oil tanker sank off the.
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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 12, 2024
Calculations based on data and industry sources showed that Russian rail exports of liquefied gas to China increased by almost 40% in the period January to August, to 184,000 tons. Russian Railways imposed restrictions to ease bottlenecks in May and early June…
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September 12, 2024
Under Ferdinand Marcos Jr., the relationship between Manila and Beijing has soured. Manila is now turning back to the United States for support in its maritime disputes against China. JAN 3: The Philippines and United States conduct their second joint patrol of the South China Sea…
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September 11, 2024
Euronext Wheat Futures reached a new four-week high on Wednesday as weather setbacks from Russia offset the recent pressure of brisk Black Sea Exports. December wheat, which was the most actively traded position on Paris' Euronext, closed 1.4% higher at 223.00 Euros ($245.52) per metric ton.
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September 11, 2024
Hanhwa Group, a South Korean conglomerate, has offered to buy all the shares in Dyna-Mac Holdings that it does not already own. This would value the offshore oil-and-gas contractor at S$669.2million ($513.90million). Hanhwa units Hanhwa Aerospace, and Hanwha Ocean own 25,4% of Dyna-Mac.
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September 11, 2024
Members of the Budget Committee told the German lower house and Lower Saxony's state parliament on Wednesday that they had approved the rescue of Meyer Werft - one of the largest cruise ship builders in the world. The shipbuilder has a financing gap of almost 2.8 billion euros ($3.1 billion)…
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September 10, 2024
Petroecuador, Ecuador's sole energy project offshore, said on Tuesday that it would launch a fresh bidding process in order to find a suitable operator. In a press release, the company stated that three wells in operation produce around 21 million cubic foot of gas each day.
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September 10, 2024
Ben Ainslie, British Team Captain, said that his team is focused on improving themselves and the AC75 boat before they move into the next phase of America's Cup campaign. The British crew, after what Ainslie described as "rustiness" in the race…
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September 10, 2024
In a tweet on Tuesday, the Senegalese Navy said that the death toll in a migrant ship accident off the coasts of Senegal had risen to 26, after 17 additional bodies were discovered. Radio Television Senegalaise reported late Sunday that the boat…
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September 10, 2024
Customs data released on Tuesday showed that China's crude imports fell by 7% in August compared to the same period last year. This was due to weak refining margins, low fuel consumption, and a continued decline in demand. However, shipments have recovered from their lows.
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September 9, 2024
Euronext Wheat Futures eased Monday, as Black Sea exports boosted prices in Paris from their three-week high. The grain markets also showed signs of consolidation as they awaited the widely anticipated U.S. government's crop forecasts, which are due later this week.
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September 9, 2024
Euronext Wheat Futures eased Monday, as brisk Black Sea Exports and Chicago weakness encouraged Paris prices from their three-week high. The grain markets also consolidated as they awaited the widely anticipated U.S. government's crop forecasts, which are due later this week.
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September 9, 2024
On Monday, France lost their chance to compete for the coveted America's Cup trophy. Britain, however, won key matches in the round-robin, putting them at the top of the leaderboard. Ben Ainslie and the British team are the leaders in the Louis Vuitton Cup semi-finals.
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September 9, 2024
France was eliminated from the America’s Cup challenger series on Monday. Their dream of competing for this coveted trophy ended when they were beaten convincingly by Britain off Barcelona in light winds. The Louis Vuitton Cup double round-robin…
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September 9, 2024
QatarEnergy announced on Monday that it had signed a contract with China State Shipbuilding Corporation for the purchase of six ultra-large vessels to transport liquefied gas. This brings its total number of such vessels on order up to 128.
