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Greece's security council, KYSEA, approved on Wednesday the purchase of a fourth Belharra frigate from France to modernise its armed forces and as it tries to keep pace with historic rival Turkey, two government sources told Reuters.Greece has a long-standing dispute with its NATO ally Turkey over m
https://www.marinelink.com/news/greece-security-council-approves-purchase-530119
https://www.marinelink.com/news/greece-security-council-approves-purchase-530119Poland has urged European Union member states that are still buying Russian energy to end those imports by the end of 2026 and will offer them help towards that effort, Energy Minister Milosz Motyka said on Wednesday.The Druzhba oil pipeline delivers Russian oil to Hungary and Slovakia…
https://www.marinelink.com/news/poland-urges-eu-members-end-russian-oil-530120
https://www.marinelink.com/news/poland-urges-eu-members-end-russian-oil-530120Norway-based maritime technology business, Shipnet, has announced consistent growth since its launch in 2021 for its dry docking software with project numbers at an all-time high.The technical project management tool which aids businesses create…
https://www.marinelink.com/news/shipnet-celebrates-consistent-growth-dry-530127
https://www.marinelink.com/news/shipnet-celebrates-consistent-growth-dry-530127Nigerian President Bola Tinubu on Wednesday lifted a six-month emergency rule in Rivers State, reinstating Governor Siminalayi Fubara and other officials, after saying that a constitutional crisis that had paralysed governance had been resolved.The emergency rule…
https://www.marinelink.com/news/nigerian-president-lifts-emergency-rule-530129
https://www.marinelink.com/news/nigerian-president-lifts-emergency-rule-530129Oil prices eased on Wednesday after data showing an increase in U.S. diesel stockpiles stoked worries about demand, while investors awaited the U.S. Federal Reserve's decision on interest rates.Brent crude futures lost 25 cents, or 0.37%, to $68.22 a barrel by 1:20 p.m. EDT (1720 GMT) while U.S.
https://www.marinelink.com/news/oil-prices-ease-lower-investors-await-530130
https://www.marinelink.com/news/oil-prices-ease-lower-investors-await-530130India is holding off on plans to hike its export duty on low-grade iron ore and pellets as resistance from the domestic mining industry grows, a source familiar with the matter said. The government has been considering raising the export duty to between 20% and 30%, from zero now, according to the source and two ...
https://www.hellenicshippingnews.com/india-unlikely-to-raise-export-duty-soon-on-low-grade-iron-ore-pellets-says-source/Iron ore futures prices edged lower across major exchanges on Wednesday, weighed by rising shipments from top producer Brazil and a cautious steel demand outlook. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 0.12% lower at 804.5 yuan ($113.17) a metric ton. The benchmark September iron ore on the Singapore ...
https://www.hellenicshippingnews.com/iron-ore-dips-on-higher-shipments-demand-concerns/
https://www.hellenicshippingnews.com/iron-ore-dips-on-higher-shipments-demand-concerns/Following a weak start to 2025, Indonesian thermal coal shipments are showing signs of recovery. June marked the lowest monthly volume of the year at around 35 million tonnes, but by August exports had rebounded to nearly 48 million tonnes, surpassing year-ago levels. While first-half flows totaled 236.4 million tonnes, down from 263.0 million tonnes ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-indonesian-coal-flows-gradually-rebound/
https://www.hellenicshippingnews.com/dry-bulk-shipping-indonesian-coal-flows-gradually-rebound/The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose for the fourth consecutive session on Wednesday, nearing a two-month high supported by gains in capesize vessel. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 26 points, or 1.2%, to ...
https://www.hellenicshippingnews.com/baltic-index-nears-two-month-high-on-capesize-gains/
https://www.hellenicshippingnews.com/baltic-index-nears-two-month-high-on-capesize-gains/Japanese biopharmaceutical company Takeda has tapped Bordeaux-based VELA Transport to transport its products between Europe and the US using VELA’s first-of-its-kind sailing cargo trimaran. VELA designed and will operate a fleet of new generation aluminium sailing cargo vessels, powered 100% by wind when at sea. Purpose-built to handle pharmaceutical products, VELA will offer reliable, secure …
https://splash247.com/medicines-to-be-shipped-across-the-atlantic-by-trimaran/
https://splash247.com/medicines-to-be-shipped-across-the-atlantic-by-trimaran/