DUTCH SHIP
Chinese fighter jets approached Dutch ship 'unsafely', Netherlands says
Chinese air force jets circled a Dutch frigate and approached a Dutch helicopter in the East China Sea in a potentially unsafe situation, according to the Netherlands' Defense Ministry.
If China invades Taiwan, ASML and TSMC can disable chip machines
ASML Holding NV and Taiwan Semiconductor Manufacturing Co. have measures in place to remotely disable chipmaking machines in the event of a Chinese invasion of Taiwan. The US government has expressed concerns about the impact of such an attack on the global semiconductor supply chain. ASML's advanced EUV machines are crucial in this scenario, with TSMC being a major client. The stakes are high as Taiwan produces around 90% of the world's most advanced chips.
17 Indians among 25 crew on ship seized by Iran; India in touch with Iran to secure release of Indians
The Strait of Hormuz connects the Gulf with the Indian Ocean and, according to the US Energy Information Administration, more than a fifth of annual global oil consumption passes through it each year. A video shared on social media appeared to show people descending from a helicopter onto the deck of the Aries using a rope. Vessel tracking websites, vesselfinder.com and marinetraffic.com, say MSC Aries is a Portuguese-flagged container ship and gave its last reported position as in the Gulf.
Dutch government scrambling to keep chipmaker ASML in Netherlands: report
A report in newspaper De Telegraaf said the ministries involved had dubbed the effort "Operation Beethoven," citing unnamed sources. A spokeswoman for the Economic Affairs Ministry said it could not discuss policies toward specific companies.
China seeks military advantage from ASML tools: Dutch government
Dutch trade minister Geoffrey van Leeuwen said that ASML tools are used to make advanced semiconductors that can go into "high-value weapons systems and weapons of mass destruction" and the Dutch government focuses on "the risk of undesirable end use" when reviewing export licensing decisions.
Viking sagas on combat and curiosity
The Romans saw the Vikings are barbarians and were eager to make them Christian, for they beleived their truth was the universal truth. They were not interested in learning from 'lesser' people. For Romans, the others had to be subjugated. They were resources and rivals, to be enslaved, and brought into the Roman fold. In time, the Vikings lands of Scandinavia would give rise to the Dutch who would change the world forever by inventing the stock market, a financial revolution that provided vast amounts of credit to the newly emerging industrial economy.
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Qatar pauses Red Sea tankers after Western strikes on Houthis
QatarEnergy, a major LNG exporter, has suspended sending tankers through the Red Sea due to attacks on ships by the Houthis, who are targeting the crucial trade route in solidarity with Palestinians. The attacks have disrupted global commerce and concerned major Western powers.
Houthis show no sign of ending 'reckless' Red Sea attacks as trade traffic picks up, says commander
The top commander of US naval forces in the Middle East has claimed that Yemen's Houthi rebels show no signs of ending their "reckless" attacks on commercial ships in the Red Sea. The Iran-backed Houthis, who say their attacks are aimed at Israel-linked ships in an effort to stop the Israeli offensive in Gaza, fired on the same container ship in two separate incidents over the weekend, leading to US military response.
Ahead of Market: 10 things that will decide D-Street action on Friday
A triangle pattern was formed on the Nifty daily timeframe chart, with the market near the lower end of the pattern around 19,300 levels
20 injured Indian crew members rescued from burning ship off the Dutch coast return home
A group of 20 injured Indian crew members rescued after a major fire broke out on board a cargo vessel carrying nearly 3,800 cars off the Netherlands coast have safely returned home while the mortal remains of one sailor who was killed in the incident are being repatriated, Indian authorities have said.
Burning cargo ship off Dutch coast will be towed to a new location after flames and smoke subsided
Fire erupted in the Fremantle Highway late Tuesday night near a chain of islands in the northern Netherlands and has been blazing ever since. The ship is carrying 3,783 new vehicles, including 498 electric vehicles, the company that chartered the vessel said.
One dead in cargo ship fire, electric car suspected source: Dutch coastguard
A fire broke out on a cargo ship off the Netherlands, killing one and injuring several others. The Panama-registered Fremantle Highway was carrying 2,857 cars from Germany to Egypt, including 25 electric vehicles, one of which is suspected to have started the fire. The 23 crew members onboard attempted, but failed, to extinguish the fire, which broke out on Tuesday night.
Dutch government curbs chip equipment exports, brings new laws amid US pressure
The rules, which will require companies that make advanced chipmaking equipment to seek a licence before they can export it, are expected to go into effect on September 1.
WWII wreck on which nearly 1,000 Australians died found
The wreck of the Montevideo Maru, a Japanese transport ship sunk by a US submarine during World War II and carrying almost 1,000 Australian prisoners of war - its worst-ever maritime disaster - has been discovered in the South China Sea by the Silentworld Foundation. At a depth of more than four kilometres, it is deeper than the wreck of the Titanic.
China criticises Netherlands' plan to join US in curbing access to chip tools
A foreign ministry spokeswoman Mao Ning complained that "an individual country," a reference to the United States, was trying to "safeguard its own hegemony" by abusing national security as an excuse to "deprive China of its right to development."
Dutch government to restrict sales of processor chip tech
Liesje Schreinemacher, the Dutch Minister for Foreign Trade and Development Cooperation, has written to lawmakers outlining the proposed limitations.
Crew that unstuck the Ever Given says it’s owed more money
The blockage caused a backlog of more than 400 ships, with many re-routing round the Cape of Good Hope, adding at least a week to their voyages.
Can global shipping be fixed? One regulator will try.
The commission regulates the international shipping industry at American ports, an element of modern life that is typically ignored but has emerged as a reason major retailers are short of popular goods, and why people renovating homes are waiting months for doorknobs.
US wants Dutch supplier to stop selling chipmaking gear to China
Washington’s proposed restriction would expand an existing moratorium on the sale of the most advanced systems to China, in an attempt to thwart China’s plans to become a world leader in chip production. I
Asia’s shortage of empty containers may worsen on Rotterdam jam
High congestion levels at Rotterdam prompted shipping line AP Moller-Maersk A/S to inform customers last week it would be relocating unclaimed boxes of goods out of the port.
Netherlands is proving to be gateway for India’s exports to Europe: Envoy
"An important part of Indian exports was fuel. Rotterdam, being a key harbor for fuel imports, was a so called a natural export destination of Indian fuel exports to the EU. But also a high level of commodities export contributed to the rise. Because of the excellent hinterland connections the Netherlands is a gateway to Europe and therefore an important destination for exports to Europe of commodities, like Indian commodities," Marten van den Berg said.
Thousands of Russia-linked ship containers pile up in Rotterdam
Russian business is a significant part of the port’s operations, as of the roughly 470 million tons transshipped through the facility each year, about 13% are oriented toward Russia.
Mystery of a burning Ship (with cars)
In the case of the ship Felicity Ace, thankfully, all 22 of its crew were evacuated this week after it caught fire. But according to the Portuguese navy, it continues to burn and is adrift in the mid-Atlantic - and here's the phantasmagoric bit - with a cargo of almost 4,000 cars that include 1,100 Porsches. Ironically, no Rolls-Royce Phantom VIIs are on board.
2.9K Dutch residents RSVP on FB to throw bad eggs at Jeff Bezos’s superyacht if it destroys historic bridge
The revolution against Bezos’s boat is currently online, with a Facebook event page.
This too shall pass! To make way for his megayacht, Jeff Bezos pays Rotterdam authorities to dismantle historic Dutch bridge
The decision to dismantle the bridge has not gone down well with some in the Netherlands.
Stocks in the news: Tata Motors, L&T, AGS Transact, NTPC, IndusInd and Marico
Sun Pharma, Tata Motors, IOC, DLF, Bharat Petroleum, UPL, Hindustan Petroleum, Vinati Organics, Navin Flourine and UCO Bank are among the companies that will announce their December quarter results today.
Ida's fury hits US oil production, gasoline supplies
Hurricane Ida knocked out at least 94% of the offshore Gulf of Mexico oil and gas production and caused "catastrophic" damage to Louisiana's grid.
Ever Given, the ship that blocked the Suez Canal, arrives in Rotterdam
The vessel, one of the world's largest container ships, became jammed across the canal in high winds on March 23,halting traffic in both directions and disrupting global trade.
Attempt to refloat ship blocking Suez Canal was unsuccessful: Ship's technical manager
The firm said a Dutch rescue team from Smit Salvage had confirmed that two additional tugs would arrive on March 28 to assist in refloating the ship."The focus is now on dredging to remove sand and mud from around the port side of the vessel’s bow," BSM said in a statement.
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