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• Greek ship manager is'relieved to see' Houthi video that shows missing seafarers still alive

  The manager of the vessel in Greece that sank earlier this month after it was attacked by Houthi militants near Yemen expressed his relief after watching a video which showed 11 crew members still alive. The Houthis, allied with Iran, released the six-minute video on Monday. They claimed to have rescued seafarers aboard the Eternity C cargo vessel flying the Liberian flag. The Athens based ship management company issued a statement saying that efforts are being made to ensure "safe and rapid return of the sailors to their families". The company said that it was "deeply relieved" to see the video released by the Houthis, which showed that 10 of its missing crew members and one of the vessel’s security guards (11 total) were alive and appeared to be receiving treatment. The Philippine government confirmed Tuesday that nine of those rescued seafarers are Filipinos. Hans Cacdac, the minister for migrant workers, said that the sailors are in "good health" according to their family members and the government is working hard to ensure their release and return. Cosmoship said it hoped that the Houthis would "release our crew as soon as possible". Eternity C is the second vessel to sink in Yemen this month, following repeated attacks from Houthi militants using sea drones and rocket propelled grenades. The Magic Seas was another Greek-operated ship that had been lost a few days before. The Houthis have re-initiated their attacks against shipping. Between November 2023 to December 2024, they hit over 100 ships in a show that they claimed was in solidarity with Palestinians during the Gaza war. The attacks forced the crew of Eternity C and its three armed guards to abandon ship. A private mission rescued ten of them, and five others are believed dead. The Houthis released on Monday a video of six minutes showing images of missing seafarers. Some of them were talking on the phone to their families. The Houthis also presented testimony that crew members had not been aware of the Houthi's maritime ban on vessels heading to Israeli ports. The vessel was said to be heading to Israel's Eilat port to load fertilizers. Could not independently verify footage. Reporting by Renee Maltezou, Jonathan Saul and Helen Popper; editing by Helen Popper

• Houthis claim to have 10 crew members from a Greek-operated vessel they sank in Yemen

  Houthis, who are Iran-aligned and live in Yemen, said on Monday that they had rescued ten seafarers off the Greek cargo ship EternityC which they had attacked and sunk earlier this month in the Red Sea. Eternity C, flying the Liberian flag, was the second vessel to sink in Yemen this month following repeated attacks from Houthi militants using sea drones and rocket propelled grenades. The Magic Seas was another Greek-operated ship that had been lost days before. The Houthis have been resuming their attacks on ships, having hit over 100 vessels between November 2023 to December 2024 as a sign of solidarity for the Palestinians during the Gaza war. After the attacks, the Eternity C's crew and three armed security guards had to abandon ship. A private mission rescued ten people, and five others are believed to be dead due to the attacks. Sources from maritime security said that 10 more people are believed to be being held by the Houthis. The Houthis released a video on Monday that showed 10 pictures of seafarers, some of whom were contacting their family members. The group also played testimonies stating that the crew was unaware of a Houthis maritime ban against vessels sailing into Israeli ports. The vessel was said to be heading to Israel's Eilat port to load fertilizers. Could not independently verify footage. The Houthis announced on Sunday that they would be targeting any ships owned by companies doing business in Israeli ports. Greece announced that it will deploy a salvage ship in the Red Sea in response to the recent attacks. The vessel is designed to help in maritime accidents, protect seafarers, and provide global shipping with protection. Reporting by Menna alaa El din in Cairo and Renee Maltezou at Athens, editing by Chizu nomiyama

• Sources say that Kazakh Black Sea oil is now being exported again after a brief stoppage due to tanker access.

  Four industry sources confirmed on Thursday that the Russian FSB has begun issuing clearances for foreign tankers accessing Black Sea ports. This allows Kazakhstan to resume its oil exports after a short suspension. According to two industry sources, new regulations have temporarily prohibited foreign tankers from loading in Russia's Black Sea ports. This has effectively stopped oil exports out of Kazakhstan that are mainly handled by the Caspian Pipeline Consortium, which is partly owned by U.S. major energy companies. The Kazakhstani energy ministry had said on Thursday, however, that the country has not stopped oil loadings through Russian seaports. The Russian President Vladimir Putin signed a new law on Monday that requires foreign ships to be approved by the FSB before they can enter the country's port. The CPC pipeline links Kazakhstan's oilfields with export markets via the Russian Black Sea Port of Yuzhnaya Ozereyevka, near Novorossiysk. The pipeline transports mostly Kazakh oil, with a small amount of Russian oil. Black Sea CPC blend oil exports were set at 1,66 million barrels a day in August or approximately 6.5 million tons. This is almost the same as the July export plan. According to industry sources, the port of Novorossisk saw around 2.2 millions metric tons of oil exports and transit in July. Reporting by Bernadette B. Baum; Editing by Emelia Sithole Matarise and Bernadette B. Baum

• CMA CGM is interested in CK Hutchison’s port terminals

  CMA CGM, the French shipping giant, said Tuesday that it was interested in taking some of CK Hutchison’s ports. Exclusive talks between CK Hutchison and a consortium led BlackRock ended this week. CK Hutchison had agreed to sell a majority of its global ports business worth $22.8 billion to a consortium that included the family-run shipping firm MSC owned by Italian billionaire Gianluigi Apponte. However, the exclusive talks ended on Sunday. CMA CGM would have greater control of its supply chain if it were to acquire a stake in CK Hutchison’s 43 terminals located in 23 different countries, as part of the preliminary deal. This is especially true if the company could secure one of the Panama Canal ports. Ramon Fernandez, CMA CGM's Chief Financial Officer, told reporters that the second quarter results were important to the industry and the company. He added, "We have 65 terminals in the world and we follow this operation closely. We are interested in taking part in it." CMA CGM has already 65 terminals in the world. CK Hutchison announced on Monday that it is in discussions with the consortium about adding a Chinese "major strategically investor" to their bid. Sources said the Chinese shipping giant COSCO may be interested. CMA CGM reported a virtually stable second quarter sales of $13.2 billion. The net profit dropped to $521 from $661 millions a year ago. The group was cautious in its outlook for the second part of the year. It cited geopolitical and economic uncertainties. In the first five month of 2025, global container trade increased by more than 4%. This was primarily due to an increase in China's imports. China's exports fell by 8% to the U.S., but rose 18% to Southeast Asia, 15% to the Middle East, and 11% to the EU. Fernandez explained that the new EU-US agreement will require operators adapt. However, it only affects about 2% global container trade, so its direct impact is limited in comparison to the larger shifts occurring between China and the U.S. (Reporting by Sybille de La Hamaide; editing by Giles Elgood)

• LSEG data shows that India and Taiwan were the top two buyers of Russian naphtha during June.

  According to traders and LSEG, India and Taiwan were the top destinations for Russian seaborne Naphtha exports during June. Lower volumes and domestic demand attracted buyers. Naphtha, a feedstock used in the petrochemical sector, is a key ingredient for the production of olefins. These are then used as a raw material to make a variety of products such as plastics. The main destination for Russian naphtha has been the Middle East and Asia since the European Union's embargo against Russian oil products came into force in February 2023. In June, the total export of naphtha from Russian ports to India was 250,000 metric tonnes, down by 5% from last month. This will exceed 1.4 million metric tons in 2025's first half. Shipping data revealed that Russian naphtha was delivered to the ports of Mundra, Hazira and Sikka in western India. In order to reduce import prices, India replaced some of the naphtha purchased from the United Arab Emirates by cheaper Russian supplies. According to LSEG, the total amount of naphtha exported from Russian ports to Taiwan between January and June was 1.27 million tonnes. This is double what it was in May. In June, the top export destinations of Russian naphtha were Singapore, Malaysia and Turkey. Data from ship tracking showed that in June, no cargo from Russian ports reached Fujairah (United Arab Emirates). In May, Russia supplied 80,000 tonnes to the UAE. The Cape of Good Hope in Southern Africa is the route that vessels carrying 300,000 tonnes of Russian naphtha that were loaded last month will take to Asia. Asia received 150,000 tonnes in May. Since December 2023, traders have diverted Russian oil product cargoes to Africa to avoid the Red Sea because of a higher risk of attack by Yemen's Iran aligned Houthi Group. All shipping data are based on date of departure. (Reporting and editing by Joe Bavier in Moscow)

• Russian media reports that a drone attack in Ukraine has resulted in one death and a fire at a train station near Rostov.

  Russian authorities reported on Tuesday that multiple Ukrainian drone attacks in southern Rostov, Russia, killed one person, caused a fire, and stopped train traffic at the railway station. The Russian defence ministry reports only the number of drones destroyed and not how many Ukraine launched. It said that its defence units shot down a total 74 drones over night, including 22 in the Rostov area. The attack in Salsk resulted in a damaged car, which killed the driver. This was confirmed by the acting Rostov governor, Yuri Slyusar on Telegram. Russia's Railways announced on Telegram that a stationary freight train caught a fire at a train station in Salsk and the power was cut. This forced the suspension of all train traffic. Could not independently verify the story. Ukraine has not yet commented on the report, despite its repeated claims that it is a response to Moscow's constant attacks against Ukraine. Both sides deny that civilians are being targeted in the war which Russia began with its full-scale invader in 2022. Reporting by Lidia Kelley in Melbourne, Editing by Tom Hogue & Lincoln Feast.

• Official: Serbia has secured the fifth postponement in US sanctions against NIS

  A Belgrade government official said that Serbia had secured the fifth postponement against planned U.S. sanction plans against Russian owned oil company NIS which operates the only oil refinery in the country. The official who requested anonymity did not elaborate further. The U.S. Treasury Department didn't immediately respond to comments. The U.S. Treasury Department did not immediately respond to requests for comment. The plant has a capacity of 4.8 millions tons per year and can cover the majority of the Balkan countries' needs. Sanctions may jeopardize its crude supplies. In 2008, Serbia sold its 51% stake in NIS for 400 million Euros ($464 Million). On January 10, the Office of Foreign Assets Control of the U.S. Treasury placed sanctions against Russia's oil industry and gave Gazprom a 45-day deadline to sell its NIS shares. Gazprom Neft, in an effort to avoid sanctions, transferred to Gazprom a stake in NIS of approximately 5.15% on February 26. NIS imports 80% of the oil it needs via Janaf, Croatia's pipeline operator. The rest is covered by crude oil produced in Serbia. Reporting by Aleksandar Vasovic and Robert Harvey; Editing by Mark Heinrich and Jan Harvey

• Sources say that Malaysia's MMC port is lining up investors for its October IPO.

  MMC Port Holdings is looking to finalise the cornerstone investor list as soon as August. This will be in advance of an October listing on Bursa that could raise more than $1.5 billion. According to LSEG, the IPO would be Malaysia’s biggest since IHH Healthcare’s $2.1 billion debut back in 2012 and Southeast Asia’s largest since Indonesian technology firm Bukalapak raised $1.55 billion in 2021. Sources said that the country's largest port operator, MMC Corp., which is a fully owned subsidiary, has been in discussions with over 20 cornerstone investors. Cornerstone investors tend to be large institutional funds who commit to purchasing shares before the IPO is open to the public. The strong lineup will boost confidence and improve sentiment on the Malaysian IPO market. According to LSEG's data, the market raised $751.2 in the first six months of 2025. This is up 17.9% compared to a year ago. Sources said that both domestic and international institutions were involved in the discussion, including BlackRock and UBS Asset Management. Malaysia's largest fund management company Permodalan Nasional Bhd, and the Employees Provident Fund, the country's largest pension fund. Sources declined to name themselves as the information was private and ongoing discussions. MMC Port, and its parent company, did not respond immediately to an email request for comments sent on Monday. BlackRock, PNB, and EPF did not respond immediately either. UBS declined comment. Reports in February indicated that MMC Port could raise over 6 billion ringgit by the second half 2025. The company that operates five ports on the Straits of Malacca - one of the busiest shipping routes in the world - filed a draft of a prospectus at the Securities Commission Malaysia late June, without specifying a timeline or the size of the IPO. MMC Port reported a 9.2% decline in net profit in 2024 to 636.6 millions ringgit despite an almost 10% increase in revenue at 4.36 billion Ringgit. The proceeds from the IPO are going to MMC Corp., which intends to sell up to 30% of its port unit. MMC Port won't receive any money from the listing. $1 = 4.2250 Ringgit (Reporting and editing by Kirtoultra Donovan; Yantoultra ngui)

• Ukraine signs Transbalkan Gas Deal with Azerbaijan SOCAR

  Naftogaz, the state-owned Ukrainian oil and gas company, has signed a first agreement with Azerbaijan’s SOCAR for importing a small amount of natural gas from Azerbaijan via the Transbalkan route. "For the first time, a test shipment of gas is being delivered through the Transbalkan route along the Bulgaria-Romania-Ukraine corridor," Naftogaz said in a statement on its website. The Ukrainian company stated that the agreement was only for a small amount of gas and did not give a time frame. In a statement, Serhiy Koreteskyi, CEO of Naftogaz was quoted as saying: "This is a small but strategic important step which paves way for long-term collaboration." In May, Ukraine announced that its energy regulator approved a mechanism for gas imports that would avoid high transit fees on gas imported through the Transbalkan Pipeline from Greece to Ukraine. Since a series devastating Russian missile attacks this year that significantly reduced the domestic gas production, Ukraine has been facing a severe gas shortage. Ukraine imports its gas via Slovakia, Hungary and Bulgaria. However, due to the higher transit fees, it has not yet used this southern route. Gas from LNG terminals located in Greece is also transported through Bulgaria, Romania, and Moldova. Svitlana Grynchuk, the new Ukrainian Energy Minister said that this is another example of successful energy diversification. This is a crucial factor for ensuring reliable heating preparations and smooth operation. She said that the route was "extremely significant" for Ukraine as it provided access to liquefied natural gas at Greek LNG terminals and Turkish LNG Terminals, Azerbaijani pipeline gas and Romanian pipe gas, as well as potentially Bulgarian offshore oil and gas. According to a Ukrainian industry source, Ukraine carefully tracks the origin of its gas in order to avoid Russian fuel being delivered. The source said, "This is Azerbaijani Gas. It is controlled." The source stated that we will continue to develop the cooperation. Energy experts in Ukraine have expressed concerns that Russian gas may be present in the gas supplied from the south. ExPro, a Ukrainian analysis company, said earlier this month that Ukraine had more than 9 billion cubic meters (bcms) of gas stored underground as of 17 July. It plans to accumulate approximately 13 bcms for the winter heating season of 2025/26. The report noted that reserves were down 13.9% compared to the same period in last year, and at their lowest level for the past 12 years. (Reporting and writing by Anna Pruchnicka, Pavel Polityuk and Max Hunder. Editing and proofreading by Toby Chopra and David Holmes.

• Final minutes of Jeju Air flight prior to South Korea's worst air disaster

  South Korea is investigating a crash that occurred on December 29, at Muan Airport, resulting in the death of 179 people. This was the worst air disaster to ever occur on South Korean soil. Following are the last minutes of Flight 7C2216, gathered from South Korea's Transport Ministry and Fire Authorities, as well as a July 19, update from investigators. All times are Korea Standard Time. 8:54.43 am - Jeju Air 7C2216 contacts Muan Airport air traffic control during its final approach. It is cleared to land on the runway 01 which is oriented 10 degrees north east. 8:57.50 am - Air traffic Control issues "caution-bird activity" warning. 8:58.11 a.m.: Jeju Air's pilots mention spotting birds below the aircraft. 8:58.26 am - The aircraft aborts its landing attempt, then hits birds as it circles back to make another landing. This is known as a "go-around". Both engines were still vibrating. The right engine was also experiencing a surge that produced large flames and black smoke. Pilots shut down the left engine at 8:58:45 am while executing emergency procedures. According to the July 19 update, the evidence came from the cockpit data recorder and voice recorder. 8:58.50 am - The FDR and CVR of the aircraft stop recording. The aircraft's "black boxes" are no longer recording at a speed of 161 knots (185 mph or 298 kph) and at an altitude 498 feet (152 meters). 8:58.56 a.m.: Flight 7C2216's pilot declares an emergency Mayday due to a bird striking during the go-around. Flight 7C2216, during the go-around request clearance to land at runway 19, the opposite end of airport's one runway. 9:01 am - Air Traffic Control authorizes landing on runway 19. Flight 7C2216 contacts the runway at 9:02 am, approximately 1,200 meters (3,937 feet) from the end of the 2,800-meter (9,186-foot) runway. The landing gear was not lowered, and the plane lands flat on its back. 9:02 a.m.: Air traffic control sounds the "crashbell" to alert airport fire rescue. 9:02:55 a.m. - Airport fire rescue unit completes deploying fire rescue equipment. 9:02:57 am - Flight 7C2216 crashes after it overshot the runway. Airport authorities report an accident to the Transport Ministry at 9:10 am. 9:23 am - A male was rescued and taken to a temporary facility for medical treatment. Closed airport at 9:38 am. 9:50 am - A second person is rescued from the tail section of an aircraft. Reporting by Jihoon, Lee, Hyunjoo, Jin, Ju-min, Park, Hyonhee, and Lisa Barrington. Writing by Jack Kim. Editing by Stephen Coates, Jamie Freed, and Jamie Freed.

• Investigation update: Jeju Air jet had a functioning engine at the time of its crash.

  According to a new update by South Korean investigators, a Jeju Air aircraft that crashed during an emergency landing in December after a bird struck could have continued flying on the damaged but still functioning engine after the pilots had shut down the other. The Boeing 737-800 belly-landed on Muan Airport without its landing gear, overshot runway, and erupted in a fireball, after slamming against an embankment. All but two of 181 passengers were killed. Although the investigators haven't yet released a final report on the worst air disaster to hit South Korea, information has started to surface about the planes two engines. According to an update from investigators dated July 19, which was seen but not released publicly following complaints by victims' families, the left motor suffered less damage than the other after a bird struck, but it was shut down only 19 seconds later. In a five-page report, investigators confirmed that the right engine had generated enough power to fly. The update also included photos of both engines after the crash. The crew did not give a reason for their actions and it is expected that the investigation will last several months, as investigators reconstruct both the technical state of the plane and what its pilots understood. Experts warn against placing too much emphasis on incomplete evidence. They say that most air accidents can be attributed to multiple factors. More Questions The public has so far focused its attention on the possibility that crew members may have accidentally shut down a less-damaged aircraft engine. This brought back memories of a 1989 Boeing 737-405 crash in Kegworth (England) where pilots mistakenly shut down a nondamaged aircraft engine. Multiple changes were made to the regulations in response to this disaster, including improved crew communication and emergency procedures. Sources told reporters on Monday that South Korea's investigation had "clear proof" that the pilots shut off the left engine that was less damaged after the bird struck. They cited the cockpit voice recording, computer data, and a switch that had been found in the wreckage. The latest information on the crash raises the possibility, however, that the heavily damaged engine still running may have been able to keep the plane in the air for longer. The report did not specify what level of performance was left in the engine, or what additional options it might have provided to the emergency crew of the plane before it reverted back and landed with the landing gear raised on the opposite side of the runway than its original plan. Both engines had bird strike damage, and both experienced vibrations following the strike. The Korean-language update of South Korea's Aviation and Railway Accident Investigation Board, ARAIB, said that the right engine had significant internal damage. However, it did not mention the damage found in left engine. When shown the document, former U.S. National Transportation Safety Board Investigator Greg Feith said that the update didn't say how the left motor was operating or the state of the systems connected to either engines. He said that the document contains some new information but leaves out much more. This results in a "cryptic". ARAIB did not respond immediately to a comment request. The ARAIB plans to release a final report in June next year. Experts in safety say that it's common for early reports of investigations to have sparse information and limited analysis. In a preliminary report published in January, it was reported that feathers and bloodstains from ducks had been found in both engines. The report stated that the engines, made by CFM International and jointly owned by GE France and Safran, were examined in May. No defects or fault data was found, other than bird and crash damages. The families of those killed in the accident were informed about the findings regarding the engines, but they asked that the investigators refrain from releasing the report dated July 19, claiming it seemed to assign blame to the pilots while ignoring other factors. South Korean media received copies of the report despite it being withheld. Boeing and GE referred all questions regarding the crash to ARAIB. Safran didn't immediately respond to an inquiry for comment. Jeju Air previously stated that it was cooperating with ARAIB, and that they were awaiting the publication of their investigation. Civil air investigations are conducted in accordance with international aviation regulations to determine the causes of crashes without blaming or putting anyone at fault. The Jeju Air Pilots' Union said ARAIB "misled the public" when it suggested that there was no issue with the left motor, given that bird remains had been found in both. Sources who attended the briefing said that investigators informed family members of the black box data indicating the left engine experienced a "surge" as well. The pilot union, as well as representatives of bereaved family members, have requested that any evidence supporting any conclusions be made public. Safety experts say that the embankment with navigation equipment is likely to have contributed to the high death rate. According to global aviation standards, any navigation equipment installed along runways must be mounted on structures that are easily deformable in the event of an impact with an airplane. The South Korean transport ministry identified seven airports in the country, including Muan Airport, that have structures made from concrete or steel rather than materials which break apart when struck, and said they will be improved. A ministry official said last week that the designs for new structures were in progress.

• Yemen's Houthis have threatened to target ships that are linked to Israeli ports

  Yemen's Houthis announced on Sunday that they will target all ships of companies doing business in Israeli ports, irrespective of nationality, as part what they call the fourth phase of military operations against Israel. The Houthis military spokesperson issued a warning via televised message that companies would be attacked for ignoring their warnings regardless of where they were headed. He added that "the Yemeni Armed forces call on all nations, if they wish to avoid this escalation to pressurize the enemy to stop its aggression and to lift the Gaza Strip blockade." The Houthis, who are aligned with Iran, have attacked ships that they believe to be bound or connected to Israel since the beginning of Israel's Gaza war in October 2023. They claim this is an act of solidarity for Palestinians. In May, the U.S. made a surprise agreement with the Houthis. Stop! The Houthis claimed that the deal didn't include Israel. (Reporting and editing by Diane Craft, Marguerita Choy and Muhammad Al Gebaly)