Vessels Pile Up and Divert as Union Walks on Second Day of ILA Strike
The number of ships waiting off the U.S. East Coast is growing quickly while a few have begun to divert…
China Coast Guard Claims its First Patrol to the Arctic Ocean
On Wednesday, China’s military claimed that its coast guard had entered the Arctic Ocean for the first time, extending a…
Ferry Catches Fire in Riau Islands
On Wednesday, a ro/ro ferry caught fire just south of Batam Island, on the opposite side of the Singapore Strait…
Amnesty International Wants Ship Loaded with Explosive for Israel Stopped
The human rights organization Amnesty International is calling for a small cargo ship to be blocked from entering ports in…
Fed liquidity tools see demand ease amid new repo market anxieties
Inflows into Federal Reserve liquidity tools eased on the first day of the new quarter, although some in markets now…
ECB’s Kazaks backs rate cut as economy faces tipping point
The European Central Bank has a “clear-cut” case for cutting interest rates at its next meeting as the euro zone’s…
Greece cuts 2024 economic growth forecast again amid EU stagnation
Greece has trimmed its forecast for 2024 economic growth for a second time this year to 2.2%, as stagnation in…
Bangladesh’s RPGCL seeks LNG cargoes for Oct-Nov delivery, document shows
Bangladesh’s Rupantarita Prakritik Gas Company Ltd (RPGCL) is seeking two liquefied natural gas (LNG) cargoes for delivery in October and…
EU 2024/25 soft wheat exports down 26% by Sept 29
Soft wheat exports from the European Union since the start of the 2024/25 season in July had reached 6.14 million…
Window to divert strike-affected imports to West Coast closing soon
If the International Longshoremen’s Association (ILA) strike continues past next week, shippers say they will likely book more freight through…