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Two citizens, Chan Wing-yan and Herbert Lee Sun-him, have filed the first civil lawsuit against the cryptocurrency platform JPEX, seeking to recover approximately 240,000 units of tether, worth about HK$1.85 million. This marks the first civil lawsuit since the alleged fraud was uncovered nine months ago. The plaintiffs allege unauthorized transfers of their funds shortly […] Source link from The Novum Times
A major fire, which may still be ongoing, has broken out on the former Soviet Kiev class aircraft carrier Minsk, which has been rotting away in a man-made lagoon just off a stretch of the Yangtze River in China for years now. The War Zone previously dove into the saga of how the flattop came to be anchored there in a feature you can find here. via X The cause of the fire and Minsk‘s current status are unknown. Local authorities say the blaze broke out at around 4:00 PM local time, that there have been no apparent casualties, and that the incident is under investigation, according to Chinese media. Pictures and video footage have emerged online that show a significant fire. Former Soviet Kiev-class aircraft carrier MINSK appears to be seriously damaged by a major fire at Nantong, China, where it was undergoing refurbishment. The ship was formerly a tourist attraction known as Minsk World. https://t.co/SJyXOmkzlY — Chris Cavas (@CavasShips) August 16, 2024 8月16日，江苏南...
Johnnie / MarineTraffic Saudi Arabian shipping giant Bahri has purchased four moderns VLCCs from Korea Line Corporation, according to brokers. No price is attached to the deal, but one Greek broker suggested that the four-year-old ships could have fetched about $116m each. The sale has been widely expected as Korea Line, part of SM Group, has been reported to be keen to exit the VLCC segment. The Korean-built ships – SM White Whale 1, SM White Whale 2, SM Venus 1, and SM Venus 2 – have been in the shop window for months. Sales of modern tanker tonnage are rare as prices are at historically high levels. Source link from The Novum Times
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