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June 24, 2024
Analysts say that a combination of sluggish Chinese demand and rising inventories will likely cause funds to withdraw from the copper markets, adding further pressure to the prices, which have fallen around 12% in just one month since they reached record highs.
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June 24, 2024
Adani Group's Chairman Gautam Adani said on Monday that the group is "well-positioned" to take advantage of opportunities in India's booming Infrastructure sector, as spending will likely increase. Adani, whose group has interests in ports, power utilities and transmission…
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June 24, 2024
Kommersant reported Monday that Novatek, Russia's biggest producer of liquefied gas, had sent its first LNG cargo via the Northern Sea Route, to Asia. The data was based on Kpler and Gecon consulting. According to the newspaper, the Arc7 gas…
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June 24, 2024
The U.S. manufacturing sector has barely grown since the outbreak, explaining why the diesel consumption has remained anemic. It has also not recovered in line with the expectations made at the beginning of the year. According to estimates by the Federal Reserve…
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June 24, 2024
Just days after Houthi militants in Yemen sank the second vessel of their attacks that began last November, the first LNG tanker has been sailing through Red Sea since January. Shiptracking data provided by LSEG and Kpler revealed that Asya…
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June 23, 2024
On Sunday, the Yemeni Houthi Group said that its forces had launched two attacks on ships in the Red Sea as well as the Indian Ocean. Yahya Saree, a Houthi military spokesperson, said that the first ship, Transworld Navigator was targeted by…
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June 23, 2024
The semi-official Athens News Agency reported that a Greek prosecutor charged 13 crew of a yacht on Sunday with arson. Fireworks launched from the vessel allegedly sparked a fire in a forest on the island Hydra. All Greeks were arrested at a…
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June 23, 2024
Ambrey, a British security company and United Kingdom Maritime Trade Operations said that a drone attack damaged a merchant ship 65 nautical miles west from Hodeidah in Yemen. Ambrey, in a separate letter, identified the vessel without naming…
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June 22, 2024
The government of New Zealand said that a ferry between New Zealand’s two main islands, which ran aground Friday night, was successfully refloated on Saturday. The Interislander ferry, operated by the state-owned company KiwiRail in Picton Harbour at the north coast of South Island, ran aground.
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June 22, 2024
Yemen's Houthis announced early Sunday morning that they conducted a military operation in conjunction with the Islamic Resistance in Iraq militants, which targeted four ships in Israel's Haifa port in northern Israel. Yahya Saree, the Houthi military spokesman…
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June 22, 2024
The Greek authorities arrested 13 crew members and passengers of a yacht on Saturday, after fireworks fired from the vessel caused a forest to burn on the island Hydra. Early Saturday morning, firefighters brought the fire, which had burned a part of Bisti's pine forest, under control.
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June 22, 2024
Two U.S. officials have denied the claim made by the Houthi group of Yemen on Saturday, that their forces attacked the U.S. aircraft carriers Dwight D. Eisenhower and the Red Sea. Two U.S. officials, who spoke on the condition of anonymity, said that this claim was false.
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June 22, 2024
Two U.S. officials have denied the claim made by the Houthi group of Yemen on Saturday, that their forces attacked the U.S. aircraft carriers Dwight D. Eisenhower and the Red Sea. Two U.S. officials, who spoke on the condition of anonymity, said that this claim was false.
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June 22, 2024
The government of New Zealand described the incident as "very worrying" on Saturday. Although 47 passengers were unable to leave the vessel, they had to stay aboard. The Interislander Aratere, operated by the state-owned company KiwiRail and located on the North Coast of the South Island…
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June 21, 2024
The Brazilian president Luiz Inacio Lula Da Silva called the head of the central banking his "opponent", and said the country would return to "normal" after Roberto Campos Neto's term ends in late 2024. The president of the Brazilian central…
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June 21, 2024
The Italian coast guard recovered another 14 bodies from the wreckage of a ship carrying migrants off the southern Calabria area on Friday. At least 34 people were killed, according to a press release. Charity agencies reported that the shipwreck…
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June 21, 2024
Organisers announced on Friday that the canoe-slalom, softball and athletics competitions of the Los Angeles Olympics 2028 will take place in Oklahoma City. Swimming will follow the athletics during the first week. LA28 reported in a press release…
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June 21, 2024
According to a company note, a fire at the Tiplam Terminal in Santos' largest port destroyed a conveyor and electrical systems, causing a suspension on sugar loading for piers 2 & 3. The fire started on Thursday evening and was put out by Friday morning.
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June 21, 2024
Sources said that Ecuador's Petroecuador state oil company declared force majeure on exports of Napo heavy oil due to the closure of a pipeline and oil wells caused by heavy rains. The weekend's intense rains forced the closure of three hydroelectric power plants…
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June 21, 2024
According to a company note, a fire at the Tiplam Terminal in Santos' largest port destroyed a conveyor and electrical systems. This caused the suspension of sugar loading from piers 2 & 3 of that terminal. The fire started on site on Thursday evening and was put out by Friday morning.
