Cargo

170 kilograms of cocaine were found concealed within a shipment of bananas at the Burgas city's port. The illicit cargo, valued at approximately $6.8 million, marks one of the largest drug seizures in the history of the Burgas Port Complex, BTA reported. No arrests have been made thus far, leaving authorities to grapple with the intricacies of an ongoing investigation.

Logistic experts foresee serious consequences of the crisis in the Red Sea. The majority of world goods turnover is realized by sea transport. After a series of challenges in 2022-2023, including the Covid-19 pandemic, the lack of equipment and the Suez Canal blockage, at the end of 2023 - a new maritime transport crisis arose. It threatens world trade and negatively affects the economy.

The attacks on commercial ships in the Red Sea by Yemen's Houthi rebels have rerouted a majority of global trade away from the crucial maritime artery for goods and supplies that are likely to impact Turkish consumers through rising prices.

Titanium rods and high-tech lathes, which are raw materials that can have civilian, commercial, but also military use, have been seized by customs officers at the port of Piraeus. They were loaded at the port of Shanghai in China and, according to information from a foreign agency that reached the Money Laundering Authority, were destined for Iran.

A cargo container with gold and other items worth over $20 million Canadian (US$14.8 million) was stolen from Toronto's Pearson International airport, authorities said Thursday.

Peel Regional Police Inspector Stephen Duivesteyn said a "high value" container was taken from a holding area facility after being unloaded from a plane Monday evening.

Russia has suspended its participation in the inspection of cargo ships carrying Ukrainian grain, the Joint Coordination Center, the body overseeing the deal, said late on Oct. 30

The announcement came a day after Russia suspended its participation in a landmark agreement that allowed vital grain exports to resume.

If the backlog is not cleared soon those ships may start looking for alternative ports outside Europe to offload their cargo

Turkish customs officials seized over 46 kilograms (101 pounds) of drugs in separate anti-narcotic operations at the Istanbul Airport, according to security sources on Sept. 27. 

The officials found six passengers and two cargo shipments arriving in Turkey on different flights suspicious, said the sources on condition of anonymity.

The average speed of freight trains in Romania is of 16 km / h, and the transit between Constanta (southeast) and Curtici (west) takes between 7 and 12 days, based on the quantity transported, reveal the conclusions of a study done by the Railway National Surveillance Council (CNSDF), within the Competition Council, sent to AGERPRES on Monday.

Koper – Port operator Luka Koper generated EUR 114.7 million in net sales revenue in the first six months of the year, which is up 7% compared to the same period last year. Net profit increased by 2% to EUR 15.4 million, and operating profit (EBIT) was up 3% to EUR 17.7 million.

Sales revenue was 5% above plan, net profit by 49% and EBIT by 51%, reads the group’s unaudited report.