Local officials have reported oil pollution washing ashore only a few days after a fire heavily damaged crude oil tanker Pablo (IMO 9133587) (IMN May 3rd, May 4th) in waters near the Indonesian shore. The officials said that they had begun to investigate the sources. The Russian captain of the...
STOCK MARKET SNAPSHOT FOR 10/05/2023
NASDAQ-Adv: 2,126 Dec: 2,272 NYSE-Adv: 1,800 Dec: 2,048 (Source: Nasdaq) U.S. small business confidence fell to more than a 10-year low in April on worries about the near-term economic outlook and persistent worker shortages, but there were few signs that businesses were having difficulties...
https://www.hellenicshippingnews.com/stock-market-snapshot-for-10-05-2023/
Perú: inversiones mineras crecieron más de 21% en marzo último
Las inversiones mineras alcanzaron un monto superior a los 309 millones de dólares en marzo del 2023, lo que constituye la cifra más alta alcanzada en ese rubro en lo […]
Modern American Recycling Services, Europe A/S (M.A.R.S.) awarded Green Recycling Limited Notice To Proceed (LNTP) agreement for Shell Brasil Fluminense FPSO
M.A.R.S., Europe A/S has formalized a LNTP agreement with Shell Brasil Petróleo Ltda. for dismantling and green recycling of the Shell Fluminense FPSO, after 20 years of services in the Campos Basin (Brasil). The Fluminense FPSO is a 390m long FPSO, with an LDT of 51.000 Mt, and has been...
Lower oil prices push Saudi oil giant Aramco’s first quarter profit down 19%
Saudi oil giant Aramco’s first quarter net profit dropped 19% from a year earlier to 119.54 billion riyals ($31.88 billion), it said on Tuesday, due to lower crude prices. Profit still beat analysts’ median forecast of $30.8 billion, according to Refinitiv data, and Aramco said the decline was...
Jaxport welcomes largest container ship to call
The Jacksonville Port Authority on Tuesday celebrated the largest vessel ever to call the Florida port.
The container ship, One Stork, has a carrying capacity of 14,000 twenty-foot equivalent units. Previously the largest ship to call Jaxport had a capacity of 11,923 TEUs.
One Stork is the first of nine larger vessels that will call Jaxport through the EC5 container service operated by The Alliance. The container ship is operated by Ocean Network Express (ONE) within The Alliance, a partnership...
https://www.freightwaves.com/news/jaxport-welcomes-largest-container-ship-to-call
Singapore: High inflation and slowing trade make for a challenging year
Singapore at a glance Singapore managed to record respectable growth in 2022 (3.6% year-on-year), supported by an improvement in global trade and robust domestic consumption. However, momentum is now clearly fading with first quarter GDP contracting from the previous quarter. First quarter GDP fell...
Check Call: Don’t catch a violation
Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EDT. Catch up on previous episodes here. If this was forwarded to you, sign up for Check Call the newsletter here.
In this edition: International Roadcheck is around the corner — prepare now; quiet quitting won’t die; and Alaska is the new frontier.
Everyone’s least favorite time of the year is here:...
https://www.freightwaves.com/news/check-call-dont-catch-a-violation
Kidnapped Monjasa Reformer crew released by pirates
The six crew members who were kidnapped by pirates from tanker Monjasa Reformer (IMO 9255878) on March 25th/26th in the Gulf of Guinea have been released from an undisclosed location in Nigeria, the vessel’s owner said on Monday. The Monjasa Reformer was hijacked by five armed assailants when it...