Cargo

A Turkish truck driver reported finding two young men in the trailer of his truck on Thursday while parked for a break in the Thesprotia region of northwestern Greece. One of the men was later confirmed dead by police.

Chinese online trading platforms are inflicting significant financial damage on European and Bulgarian manufacturers, leading to business closures and job losses in Bulgaria. The influx of low-quality Chinese goods has resulted in increased waste management issues in Europe.

Police in Athens have released images of last week's seizure of almost 110 kilograms of cocaine that was hidden in a container containing a cargo of frozen squid in Piraeus port on a vessel from South America.

The vessel on which the container was loaded had embarked from Peru, with its shipping documents stating that it was destined for Croatia.

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