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splash247.com

Shell sues Greenpeace after FPSO boarding - Splash247

Shell is suing Greenpeace for $2.1m in damages in one of the biggest ever legal claims against the environmental group after its protesters occupied a floating production storage and offloading (FPSO) unit for 13 days earlier this year. The lawsuit follows an incident in January when Greenpeace...
splash247.com splash247.com
 
  • Commodities, energy top Putin's agenda on Kazakh trip
  • Putin seeking new commodity transport routes to the east
  • Kazakhstan wants to be logistics hub for Russian commodities
ASTANA, Nov 9 (Reuters) - Russian President Vladimir Putin called for the development of wheat and fertiliser cargo transport routes in Asia during a visit to Kazakhstan on Thursday, as Moscow seeks to forge new export routes due to Western sanctions.

www.reuters.com

Russia's Putin talks wheat, fertiliser and logistics in Kazakhstan

Russian President Vladimir Putin called for the development of wheat and fertiliser cargo transport routes in Asia during a visit to Kazakhstan on Thursday, as Moscow seeks to forge new export routes due to Western sanctions.
www.reuters.com www.reuters.com
 
www.reuters.com

UAW to 'pull out all stops' organizing nonunion automakers

United Auto Workers President Shawn Fain said on Wednesday the union will "pull out all stops" in working to organize non-union U.S. auto plants after winning new contracts with the Detroit Three automakers.
www.reuters.com www.reuters.com

www.reuters.com

Biden will meet UAW's Fain, laud union's deals with Detroit automakers

President Joe Biden will meet with Shawn Fain, the head of the United Auto Workers, in Illinois on Thursday to highlight the tentative contract agreements between the union and Detroit's Big Three Automakers that ended a nearly 45-day strike.
www.reuters.com www.reuters.com
 

Weekly Scrap Prices: Virginia Taking Over & Talking Scrap​


26:03

📈 Check Scrap Prices: https://iScrapApp.com/ - This week Virginia steps in for Tom and gives you some insight in market news for copper and scrap. While also covering new features and updates coming from the iScrap team this week and coming soon. Including new app features, new articles, and contests!
 
A look at the day ahead in U.S. and global markets from Mike Dolan

A slightly exaggerated market reaction to Fed chair Jerome Powell's pushback against early U.S. interest rate cuts was enough to spoil the weekend and keep the S&P500 (.SPX) from extending an eighth straight daily gain.

www.reuters.com

Morning Bid: Powell pushback puts cloud 9 beyond reach

A look at the day ahead in U.S. and global markets from Mike Dolan
www.reuters.com www.reuters.com
 
CHICAGO, Nov 10 (Reuters) - The United States is importing record amounts of beef this year and exporting less after ranchers slashed the nation's cattle herd to its lowest level in decades, tightening margins for meat companies like Tyson Foods (TSN.N).

The decline in cattle numbers, after years of drought fried pasture lands used for grazing, led to soaring U.S. beef prices. Higher prices incentivize companies to import cheaper beef and discourage U.S. beef purchases by buyers like China, Japan and Egypt.

www.reuters.com

US reduces beef exports as cattle herd shrinks, squeezing Tyson Foods

The United States is importing record amounts of beef this year and exporting less after ranchers slashed the nation's cattle herd to its lowest level in decades, tightening margins for meat companies like Tyson Foods .
www.reuters.com www.reuters.com
 
goldprice.org

Gold Price RECAP November 6 - 10

Happy Friday, traders. Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets—and may continue to into the future.
goldprice.org goldprice.org
 

USDA report shows little change to livestock estimates | Weekly Livestock Market Update for 11/10/23​


10:33
 

Did The US Redeliver Iron Dome To Israel By Sea? | Cornhusker State Delivered 2.5 Tons to Israel​

Nov 10, 2023

17:35

- Pro-Palestinian protesters block ship from departing Oakland for 10 hours https://youtu.be/qSZYWScBfL0?si=RaSD-...
- Protesters supporting Palestine block access to military cargo ship at Port of Tacoma https://youtu.be/50Be7cVX7zc?si=UsDPf...

- It’s official: US Army inks Iron Dome deal https://www.defensenews.com/digital-s...
- Israel may buy back Iron Dome air defense batteries leased from the US https://www.defensenews.com/land/2023...

- SS Cornhusker State in Rota, Spain https://twitter.com/BarcosporCadiz/st...
- Ministry of Defense - Cornhusker State Tweet https://twitter.com/Israel_MOD/status...
 

A Wall Street banker bought a coal mine sight unseen that could contain $37 billion worth of rare earth minerals​


  • Over a decade ago, a Wall Street banker bought a coal mine to sell coal.
  • But it was recently discovered that there's more in that coal mine than meets the eye.
  • Turns out, the mine contains rare earth elements that could be worth tens of billions of dollars.
In 2011, Randall Atkins, a former Wall Street banker, bought a mine outside of Sheridan, Wyoming, sight unseen, The Wall Street Journal reported.

More:

 
Nov 12, 2023 (Bloomberg) –Consumers gearing up to buy the latest imported appliances, clothes or electronic gadgets this holiday season might want to spare a thought for the companies that will struggle to make money for the next few years hauling products across the ocean.

That’s because the container shipping industry, cast as the Grinch that spoiled Christmas over the past two years with record-high freight rates and slow deliveries, is returning to its pre-pandemic place in the corporate world: perennial underachiever Charlie Brown.

gcaptain.com

Shipping Shifts From Jackpot To Job Cuts After $364 Billion Boom

By Brendan Murray and Tara Patel Nov 12, 2023 (Bloomberg) –Consumers gearing up to buy the latest imported appliances, clothes or electronic gadgets this holiday season might want to spare a...
gcaptain.com gcaptain.com
 

Vertigo Sufferers Need Not Apply - The Unseen Side of the North Sea Oil Industry.​

Nov 13, 2023


7:20
 
Nothing to see in this 28 min 44 sec vid, can listen in one tab, surf the forum in a different tab.

GoldSeek Radio Nugget - John Rubino Predicts Panic Buying of Real Assets​



- Bitcoin continues to soar over 50% since the last Goldseek "buy" signal on ETF news.
- Have interest rates peaked and what are the potential implications of a 5% terminal rate?
- Lower EPS could weigh heavily on bellwether shares.
- Is the domestic economy on the cusp of Recession and a deflationary-crash?
- John thinks the Ukraine conflict could cool-off; US shares relief rally might continue on the news!
- Will Fed officials ease rates?
- Sprott's gold miner ETF is a favorite to avoid individual company risk: Sprott Gold Miners Exchange Traded Fund (NYSE Arca: SGDM) https://www.sprottetfs.com
- When will gold and silver blast to new record highs amid panic buying - must-hear analysis.
- Will gold silver and uranium become un-obtainium, impossible to procure?
- Big forecast for gold and silver stackers!

John's Substack: https://rubino.substack.com/
 
LONDON/BERLIN, Nov 14 (Reuters) - The auto industry's drive to make electric vehicle motors with little to no rare earth content has hit high gear, with European, U.S. and Japanese automakers and suppliers racing for alternatives in an area dominated by China.

Automakers have mostly relied on motors with rare earth-based permanent magnets, which have been the most efficient at providing the torque to power EVs.

www.reuters.com

Automakers' drive to avoid China's EV rare earth dominance gathers speed

The auto industry's drive to make electric vehicle motors with little to no rare earth content has hit high gear.
www.reuters.com www.reuters.com
 

Why Oil Giants Shell And BP Are Investing In U.S. Farmland​

Nov 14, 2023

13:51

Through partnerships with solar energy developers, oil giants BP and Shell are investing in an emerging industry called agrivoltaics, which combines solar energy generation with agricultural activities such as sheep grazing, beekeeping and crop production. This multi-use land management strategy could help alleviate the tension between farmers and solar developers, two groups that often find themselves at odds when it comes to matters of land use.
 

Weekly Commodity Market Update: USDA report shakes up market​

Nov 14, 2023


12:05

This week Will and Ben break down how a USDA report shook up the markets last week.
 
Russia’s Marine Rescue Service is attempting to pump the fuel off a stranded product tanker that is aground off Sakhalin Island and caught in fierce winter storms. The efforts began today, Tuesday, November 14, and they are working to complete it before there is a significant oil leak and environmental situation.

According to the reports, the product tanker Victoria registered in Russia had departed Vladivostok and was transiting the Tatar Strait between the mainland of Russia and Sakhalin Island when the ship experienced problems with its main engine. The captain issued a distress call on November 10 reporting the main engine was not working and the steering control was damaged.

maritime-executive.com

Video: Russians Attempt to Pump Fuel from Tanker Grounded in Winter Storm

Russia’s Marine Rescue Service is attempting to pump the fuel off a stranded product tanker that is aground off Sakhalin Island and caught in fierce...
maritime-executive.com maritime-executive.com
 
In a series of dawn raids, the UK’s Serious Fraud Office joined the widening investigation into the downfall of historic London legal firm Ince & Company, which had been in the shipping trade for more than 150 years. Due to the complexity of the alleged fraud, London’s Metropolitan Police referred the case to the Serious Fraud Office (SFO) which is now assisting in the investigation.

maritime-executive.com

Seven Arrested in Investigation of Law Firm Axiom Ince's Collapse

In a series of dawn raids, the UK’s Serious Fraud Office joined the widening investigation into the downfall of historic London legal firm Ince & Com...
maritime-executive.com maritime-executive.com
 
Finnish technology group Wärtsilä has introduced the marine sector’s first commercially available four-stroke engine-based solution for ammonia fuel.

Viridis Bulk Carriers, the world’s first zero-emission shipping company, will be the first shipowner to benefit from the new ammonia solution. The company is a partnership between Amon Maritime, Mosvolds Rederi, and Navigare Logistics.

splash247.com

Wärtsilä unveils first four-stroke ammonia-fuelled engine solution - Splash247

Finnish technology group Wärtsilä has introduced the marine sector’s first commercially available four-stroke engine-based solution for ammonia fuel. Viridis Bulk Carriers, the world’s first zero-emission shipping company, will be the first shipowner to benefit from the new ammonia solution. The...
splash247.com splash247.com
 
  • U.S. producer prices softer in October
  • U.S. dollar up 0.4%
  • Platinum rises over 1%
Nov 15 (Reuters) - Gold eased on Wednesday as the dollar ticked up, while expectations that the U.S. Federal Reserve may be done with its interest rate hikes capped bullion's losses.

www.reuters.com

Gold eases as firm dollar counters bets on peak US rates

Gold eased on Wednesday as the dollar ticked up, while expectations that the U.S. Federal Reserve may be done with its interest rate hikes capped bullion's losses.
www.reuters.com www.reuters.com
 
LONDON, Nov 15 (Reuters) - Insurance broker Marsh (MMC.N), Lloyd's of London (SOLYD.UL) insurers and Ukrainian state banks have launched a programme to cut the cost of claims for damage to ships and crew transporting grain through the Black Sea corridor, Marsh said on Wednesday.

www.reuters.com

Marsh, Lloyd's, Ukraine launch war risk ship insurance to cut grain costs

Insurance broker Marsh , Lloyd's of London (SOLYD.UL) insurers and Ukrainian state banks have launched a programme to cut the cost of claims for damage to ships and crew transporting grain through the Black Sea corridor, Marsh said on Wednesday.
www.reuters.com www.reuters.com
 
www.ttnews.com

Robots Outnumber People 15-to-1 at Massive New UPS Warehouse | Transport Topics

UPS Inc. just opened its largest warehouse, and plans to fill the $79 million facility with more than 3,000 robots by next year to handle tasks like lifting and reduce the need for manual labor.
www.ttnews.com www.ttnews.com

www.ttnews.com

October Medium-Duty Sales Post First Decline Since March | Transport Topics

U.S. retail sales for medium-duty trucks declined 4.2% year-over-year in October, ending six consecutive months of year-over-year increases, according to data from Wards Intelligence.
www.ttnews.com www.ttnews.com
 

Weekly Scrap Report: Copper Volatility & Steel's Unexpected Rise​

Nov 15, 2023


20:52

📈 Check Scrap Prices: https://iScrapApp.com/ - In this week's edition of the Weekly Scrap Report, we explore the dynamic shifts in the scrap metal market. Copper continues its volatile journey amidst the electrification debates, while steel and iron surprise us with a notable rise. We'll also delve into the trends affecting the catalytic converter market, especially the downturns in Platinum and Palladium, and how the end of the Auto Worker strike could boost metal consumption. For scrappers, understanding these fluctuations is key to navigating the market successfully. Tune in for insights and strategies to stay ahead in these fluctuating times.
👉 Read more: https://iscrapapp.com/blog/weekly-scr...
 
splash247.com

Nationwide protests add to Panama woes - Splash247

It’s not just drought in Panama that is giving supply chain planners pause for reflection, the Central American nation is also reeling from the largest protests in the western hemisphere, action that has affected rail, roads and ports over the past month. Protests that began over a mining...
splash247.com splash247.com
 
goldprice.org

Gold Price RECAP November 13-17

Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets—and may continue to into the future.
goldprice.org goldprice.org
 
From the link:

In the early morning hours of March 8, 2021, a small inflatable boat powered by an outboard motor covertly made its way into the port of Montevideo to unload a dying deckhand, and then sped away.

The deckhand, a slight 20-year-old Indonesian named Daniel Aritonang, had been at sea for the previous year and a half, working on a Chinese squid-fishing ship called the Zhen Fa 7. Now he was dumped dockside, barely conscious, with two black eyes, bruises along the sides of his torso, and rope marks around his neck. His feet and hands were bloated, the size of melons.

maritime-executive.com

To Project Power Globally, China Has Become the Superpower of Seafood

In the early morning hours of March 8, 2021, a small inflatable boat powered by an outboard motor covertly made its way into the port of Montevideo t...
maritime-executive.com maritime-executive.com
 

GoldSeek Radio Nugget -- David Morgan "Bitcoin Is Not Gold. And It’s Not Gold 2.0."​


29:42

- Mining stocks and metals may represent opportunities from a valuation perspective.
- David's documentary trailer: https://silversunrise.tv/
- Is the global monetary system resetting?
- Bitcoin cannot replace gold, but has an important spot in finance.
- Portfolio diversification dicates adding a small investment in Bitcoin and Ethereum could be a solid long-term asset plan.
- Various investing and timing strategies.
- David Morgan's main page: https://silver-investor.com/

**Note: Nothing to see, can listen in one tab, surf the forum in a different tab.
 
If you watch on youtube there's a lot of links to the different stories. DYODD

Car Crash Economy - Used Car Prices Plummet!​


23:32

🚗💥 Car Crash Economy ALERT: Used Auto Prices in Freefall! 📉 Hey, I have a riveting update on the car market. The numbers don't lie - we're in a bear market for the auto industry, and used car prices are dropping faster than ever. In this video, we'll dissect the shocking stats from Manheim and discuss how car inventory spikes and interest rates are reshaping the industry. Plus, we've got some insights on ransomware attacks and the latest in cybercrime – you won't believe what these hackers are doing!
 
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