Teheran - Iranian teams have cleaned up an oil slick near field in the northern region of the Gulf that had extended over a six-square-km (2.3 square mile) area, an Iranian maritime official said on Saturday
Baku - Azerbaijan has lowered its economic outlook, projecting its oil-driven economy will shrink by 5% this year from an earlier forecast of 3.8%, the finance ministry said on Saturday. Its updated budget will be discussed next week. The ministry also lowered its 2020 oil price forecast, which it uses to calculate its budget
Vienna - The Austrian economy shrank 10.7% in the second quarter, marking its biggest contraction since the data series began after World War Two, as the coronavirus pandemic hit both domestic and foreign demand
London - The trading units of European oil and gas majors have shielded their second-quarter results from the full force of the corona-induced collapse in demand for fuel, but big writedowns showed the scale of the challenge ahead, results showed on Thursday. France's Total and Anglo-Dutch Royal Dutch Shell scraped out small profits against expectations of losses
Madrid - Spain recorded a historic fall in GDP in the second quarter of the year, with the 18.5% drop wiping out all the post-financial crisis recovery of the last six years, data from National Statistics Institute showed on Friday
Hong Kong - Hutchison Port Holdings Trust (HPHT) has seen its overall container throughput decline and profit fall in the first half due to the severe slowdown in global trade amid the coronavirus (COVID-19) pandemic. From January to June 2020, throughout of HPH Trust ports overall was recorded at 10.28m teu, down 8% year-on-year
London - British officials have seized about £15.2m ($19.4m) worth of cocaine hidden in the floor of a refrigerated container at the London Gateway port in Essex. Border Force officers found 380 kg of the drug in a container carrying bananas from Costa Rica to Germany, after an X-ray revealed an anomaly in the insulation cavity
Athens - Greece has exempted seafarers from COVID-19-related travel restrictions, meeting its pledge to the IMO to facilitate crew change. GAC Greece said that the Greek government has allowed seafarers entry into its country together with citizens of the following countries
Dubai - Polaris Shipping Agencies have shipped out a second rotor set from Khalifa Port in Abu Dhabi to Escombreras Port in Spain. The OOC cargo had shipping dimensions of 12.20 x 4.05 x 3.85m and a unit weight of 95mt. The scope of work handled by Polaris included pre-carriage from the supplier, all origin export requirements and sourcing of a suitable vessel on liner terms hook/hook
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Congestion at China’s east coast oil ports that is adding to costs for shippers and importers is likely to run well into August, with crude shipments set to hit another record high this month
The Port of Rotterdam, Europe’s largest sea port, said on Thursday throughput had fallen as a result of the coronavirus pandemic
Brazilian state-controlled oil company Petrobras said on Friday it has approved the start of a tender to build three new floating platforms, known as FPSOs, in the Buzios oilfield
Denmark’s A.P. Moller-Maersk, the world’s top container shipping firm, said on Wednesday it would stop accepting solid waste shipments bound for China and Hong Kong from Septembe
Singapore bank OCBC is seeking a court-appointed supervisor to manage shipping firm Xihe Holdings Pte Ltd and four of its subsidiaries
Shipping companies are still struggling to get hundreds of thousands of crew members back home after many months at sea despite pledges by countries to ease transit restrictions for seafarers
Denmark will allow merchant sailors stranded on the high seas since the outbreak of the coronavirus to come ashore and be reunited with their friends and families
Swiss freight forwarder Kuehne und Nagel International reported on Tuesday a 12.6% drop in second-quarter core earnings
Pirates have kidnapped seven Russian sailors from the crew of a ship in the Gulf of Guinea
Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade
