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25 September 2026

Splash Wrap: The boom and the bill

Downunder Voices Newsroom

Source reporting: Splash247

Splash Wrap: The boom and the bill

Shipping spent another week discovering that the same forces making it extraordinarily profitable are also storing up the ingredients for its next downturn. The headline number came from Clarksons. Its cross-sector ClarkSea Index reached $64,569 a day, 27% above the previous all-time high set during the feverish markets of 2007. Unlike many historic shipping booms, …

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25 September 2026

Volare hits $1.2bn valuation after $500m raise

Trafigura-backed Volare Shipping has completed a $500m equity raise ahead of its planned Oslo listing, putting a post-money value of around NOK11. 5bn ($1. 2bn) on the newly created VLCC owner. The Singapore-incorporated company allocated 30. 7m new shares at NOK154 apiece in a private placement that was significantly oversubscribed, drawing in shipping industry investors, family offices and …

Source: Splash247Original source

25 September 2026

Movianto opens 30,000-sqm pharmaceutical logistics hub in Germany

Movianto, part of Yusen Logistics, has opened a new pharmaceutical logistics hub in Wiesloch, Germany, significantly expanding its temperature-controlled storage capacity. The facility provides around 30,000 square metres of warehouse space and 1,500 square metres of office space. It officially opened in September and is expected to become fully operational in November 2026. Cold-storage capacity expands The new hub adds 10,000 pallet positions for pharmaceutical products requiring temperatures between 2°C and 8°C. It also provides deep-freeze storage at temperatures of -20°C and -26°C, while ultra-low-temperature capabilities down to -80°C are planned for a future phase.

Source: Container NewsOriginal source

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25 September 2026

Lula says Trump wants to ‘colonise’ and capture Brazil’s resources by meddling in election

A TV spot claims the US president is trying to sway October’s presidential vote in favour of Lula’s far-right opponents Luiz Inácio Lula da Silva’s presidential campaign has accused Donald Trump of wanting to “colonise” Brazil in order to capture its natural resources by meddling in next month’s presidential election. The accusation came in a televised campaign advert that was broadcast on Thursday by Lula’s team amid growing fears over the impact alleged US interference could have on the vote.

Source: The Guardian WorldOriginal source