Logistics News

Yemen Houthis claim ship attack that killed four in the Red Sea

The Houthis, a group of Yemeni armed forces that are allied with Iran, attacked a ship on Tuesday in the Bab el-Mandeb strait at the southern entry to the Red Sea. According to Houthi news agency Saba, three Pakistanis were killed in the attack. Yemen's Transport Ministry said that four?crew of a small cargo vessel were killed when it was attacked by the Houthis Tuesday. The deaths aboard the Egyptian-owned Tihamah were the first Houthi attacks on ships since the Iran War began on 28 February. The Houthis claimed the ship carried Saudi military equipment. Saudi authorities did not immediately
Transportation

E.ON CEO: Full grid protection against drones is 'illusory.'
GRAINS-Wheat increases by around 3% following Ukraine's attack on Russia's key export port

Chicago wheat futures rose around 3% Wednesday, after Ukraine attacked grain terminals at the main Russian wheat exporting port of Novorossiysk. This sparked fears that supplies would be disrupted to global markets. Soybeans, corn and other grains rose in advance of a U.S. Agriculture report on world supply/demand later Wednesday. Chicago Board of Trade?most active wheat increased 3.05% at $9.49-1/2 per bushel by 0929 GMT. Soybeans increased 0.3% to $11.73-1/4 bushels, while corn rose by 0.7% to $4.63-3/4 bushels. Industry sources said that two of Russia's largest grain terminals at the Black Sea port Novorossiysk have suspended operations as a
Transportation

Sources say that the Orsk refinery in Russia halted production after an August 11 drone attack.
Aena's Spanish Airports served 34.4 millions passengers in July

Aena, the airport operator, reported that 34.4 million passengers travelled through its Spanish airports in July. This is 5% more than what was recorded in 'the same month last year. The growing number of tourists in Spain is a testament to its resilience, even as the airline industry struggles with geopolitical instability and labour shortages. * Passenger numbers rose 4% in the first seven months 2026, a slightly slower rate than the 4,1% increase last year The busiest airports in Spain are Adolfo Suarez Barajas Airport, Madrid, Josep Taradellas Barcelona El Prat and Palma De?Mallorca * All airports operated by
Transport Infrastructure

UN agency reports that oil from a tanker grounded in Oman is now reaching the mainland.

The U.N. shipping agency reported on Wednesday that oil from a large slick of oil leaking from the tanker Caroline 'Bezengi has reached 'Oman's' mainland. Oil is drifting off to the northeast (of Oman's Al-Qibliyyah Island), with reports that some oil has reached the mainland. A spokesperson for the IMO said that oil spill contingency planning is already in place. The government of 'Oman said that the slick from a nature preserve in the country has covered 'almost 400 square kilometers. The tanker, which was carrying 800,000 barrels from Russia to Asia, grounded on the coast of Oman around 22
Putin warns that Russia will strike back if EU nations seize Russian ships

Poland and Baltics look to protect energy assets after undersea cable cuts

The Baltic states are working with Poland to protect the energy facilities they need as they decouple their power grids from Russia, Lithuania's energy minister told Reuters, following damage to undersea cable televisions in the area. Polish and baltic state-run power grid operators are working on an arrangement to guarantee the smooth running of the decoupled system, and how to repair it if needed, Zygimantas Vaiciunas said in an interview...

Transport Infrastructure

APK-Inform cuts Ukraine grain export forecast for 2026/27 by 8.6%

APK-Inform, a 'consultancy', has cut Ukraine’s grain export forecast for 2026/27 from 43.1 million metric tons to 39.4?million metric tons. This is due to the halt of grain exports via?its Black Sea ports. In a report, the consultancy stated that it had reduced its export forecasts for wheat, barley, and corn. The volume could include 13,5 million tons wheat, 24 millions tons corn, and 1,5 million tons barley. In a report, it stated that "Ukraine’s grain export capacity...has been reduced due to a temporary stoppage of exports through the Deep-Water Ports of Greater Odesa as well as?high risk to civilian...

Ukraine and Russia accuse one another of deadly attacks on Odesa port

Ukraine and Russia both accused the other of deadly attacks on Sunday. President Volodymyr Zelenskiy said that Moscow had targeted global food security when it struck Odesa's port. Three people were 'killed and wounded 37 times in the eastern Ukrainian city?Kharkiv?where an apartment block of multiple floors was struck, and authorities in Russias Belgorod reported that five people were killed and twenty-five wounded by a Ukrainian aerial attack. Zelenskiy claimed that a strike had damaged Odesa's port. Local authorities reported that dozens of drones, missiles and other weapons struck the southern seaside town injuring about a dozen people. Zelenskiy stated...

Turkish officials claim that the passage of ships into the Black Sea is proceeding smoothly.

Two Turkish officials said on Sunday that ships are moving'smoothly' through the Turkish Straits to?the Black Sea, despite increased safety concerns. Bloomberg News reported on Saturday that Ankara has restricted commercial ship traffic into the Black Sea after attacks against vessels, including Turkish-owned vessels. The Turkish government has repeatedly warned Moscow and Kyiv about the attacks on ships in the Black Sea. It has urged the warring parties to take steps to ensure navigational security in the region. Hakan Fidan, the Turkish Foreign Minister said that Ankara has urged Moscow and Kyiv to declare a moratorium on attacks in the...

German Minister wants to tie bonuses for Deutsche Bahn to targets

The new German transport minister has said he wants to tie bonuses to the struggling national 'rail operator' meeting government targets. In an interview with 'newspaper Bild am Sonntag published on Sunday, Steffen Bielger said: "It would have a tangible impact on bonuses paid to managers at Deutsche Bahn if the government targets are not met." Transport experts believe that the problems of Deutsche Bahn are due to decades of 'underinvestment' in infrastructure despite an increase in rail usage, as well as 'its status as a JSC aiming to make a profit while providing a public service. Bilger, who was...

Berkshire reduces cash stake, as buybacks increase and reports higher profit

Berkshire Hathaway started reducing its huge?stockpile in the second quarter. It invested billions of dollars in stocks, including 'Alphabet, and purchased billions more of its own. Conglomerate announced on Saturday that it repurchased $4.5 Billion of its own shares in the second quarter, and another $3.3 Billion in July. This is an acceleration of repurchases begun in March after a two-year break. Between?April to June, it bought more than $20 billion in stocks. This marked the end of 14 consecutive quarters where stocks were sold at a loss. Berkshire added $10 billion to its already large investment in Alphabet, the...

Russia dismisses German drone incident as 'fabricated provocation'

The Russian Embassy in Berlin on Friday dismissed a suspected 'drone attack' at a major German?air?freight hub as a "fabricated provocation", saying that it was yet another example of accusations made against Russia without any evidence. The?embassy expressed its concern over a new wave in anti-Russian hysteria that has swept Germany, according to a statement posted on the website of its German and Russian versions. The German Federal Prosecutors launched an investigation this week on what they described as a serious incident that could have affected foreign and domestic security. The drone was discovered late Tuesday night at the Leipzig/Halle...

Passenger Transportation Services

Malta flights disrupted by ash cloud from Mount Etna in Sicily

On?Tuesday an ash cloud from Sicily’s Mount Etna volcanic eruption drifted over?Malta, forcing some airlines to cancel flights to the Mediterranean Island at the height tourism season. Malta International Airport posted a message on Facebook saying that "we're experiencing flight delays due to volcanic ash clouds" over the Maltese Islands, following recent activity at Mount Etna. A spokesperson stated that 19 flights were cancelled by mid-afternoon Tuesday, and a number of?other flights?were significantly delayed. Malta Airport is located 220 kilometers (140 miles), south of Mount Etna. Mount Etna is the most active volcanic mountain in Europe. It erupted again last...