Navigation Maritime Bulgare

The Maltese-flagged bulk carrier "Verila", owned by Bulgaria's Navigation Maritime Bulgare, has been cleared by Irish authorities following the discovery of around 300 kilograms of cocaine. The vessel is now set to resume operations from Foynes Port.

Irish law enforcement has seized the Bulgarian vessel "Verila" owned by the "Navigation Maritime Bulgare" Shipping Company at the Foynes port in County Limerick, uncovering a staggering cache of narcotics. Reports suggest that between 300 to 500 kilograms of cocaine were discovered onboard, with an estimated street value ranging from €20 million to €35 million.

Navigation Maritime Bulgare confirmed the evacuation of a crew member from the hijacked Bulgarian-owned, Malta-flagged ship, Ruen, with the assistance of the Indian Navy. The individual was shifted to a warship for medical attention and later deemed in need of hospitalization following a health assessment by the Indian medical team.

The Indian Navy has reported tracking the Bulgarian cargo ship "Ruen", flying the Maltese flag, after it was hijacked in the Arabian Sea. The vessel is believed to have been seized by Somali pirates, although their identity has yet to be confirmed.

Rohatyn Group ("TRG") has sold a 36.6% stake in pharmaceuticals company Huvepharma AD to Advance Properties OOD.

The deal was finalized on Wednesday with the signing of the contract by Kiril Domuschiev, President of Huvepharma AD, and Sobhi Hatem, Managing Director of TRG, according to Standard daily.