Posted to Maritime Reporter
on
November 1, 2024
According to European traders, the Korea Feed Association's (KFA) Busan Section in South Korea bought an estimated 70,000 tons of animal feed grain from South America or South Africa on Thursday in a deal that was not subjected to an international tender.
Posted to Maritime Reporter
on
October 31, 2024
The PLA navy announced that China's aircraft carriers Liaoning, Shandong, and Xiamen conducted dual carrier formation exercises in the South China Sea for the first. This move will allow China's Navy to carry out more complex and diverse missions.
Posted to Maritime Reporter
on
October 31, 2024
Israel Nature and Parks Authority announced on Thursday that Israeli conservationists have released three hawksbills turtles into Red Sea as part of an effort to restore the population of this critically endangered species. Three females, who…
Posted to Maritime Reporter
on
October 31, 2024
Huntington Ingalls, the largest U.S. shipbuilder, cut its revenue forecast for 2024 due to supply chain problems, uncertainty over navy agreements and labor shortages. This sent its shares down by roughly 7% in premarket. The company expects that shipbuilding revenues…
Posted to Maritime Reporter
on
October 31, 2024
European traders reported on Thursday that Tunisia's grain agency issued an international bid to buy an estimated 75,000 tons of durum Wheat. They said that the origin of the offer was optional, and that deadline for submitting offers is November 1.
Posted to Maritime Reporter
on
October 31, 2024
Norwegian Cruise Line Holdings raised its profit forecasts for the fourth time in a row on Thursday, encouraged by strong bookings for sea-based holidays at higher prices. The cruise industry has seen a strong demand for their services this year…
Posted to Maritime Reporter
on
October 31, 2024
The Coast Guard of Finland said that it had detected constant disruptions in satellite navigation signals over the Baltic Sea from April. In recent weeks, tankers have been spoofing location data in order to hide visits to Russia. Lulu Ranne…
Posted to Maritime Reporter
on
October 31, 2024
An official stated that Indonesia's position in the South China Sea is unchanged, and it will take appropriate measures to protect its territory. This was after a Chinese coastguard vessel disrupted a survey conducted by Jakarta's government energy company.
Posted to Maritime Reporter
on
October 30, 2024
The Energy Information Administration (EIA), which is responsible for the U.S. government's energy policy, announced on Wednesday that U.S. gasoline inventories fell to their lowest level in two years last week due to increased demand. Crude…
Posted to Maritime Reporter
on
October 30, 2024
Russia accused Britain on Wednesday of using the Black Sea grain canal to deliver weapons to Ukraine after London denied its allegations that Russian attacks against Ukrainian ports disrupted vital grain supplies for other nations. Last week…
Posted to Maritime Reporter
on
October 30, 2024
shipbuilder said on Wednesday. best strategy is to give more value and reinforce (Thyssenkrupp. Marine Systems). We are at their disposal for any possible kinds. of collaboration, Fincantieri Chief Executive Pierroberto. Folgiero told Bloomberg television.
Posted to Maritime Reporter
on
October 30, 2024
European traders reported on Wednesday that the state-backed Agro Fisheries & Food Trade Corporation of South Korea has launched an international tender for an estimated 101,000 tons of rice. The deadline to submit price offers is November 7.
Posted to Maritime Reporter
on
October 30, 2024
Orsted, a Danish company, announced on Wednesday that it had sold a 12.45% stake in four of the British offshore wind farms currently in operation to Brookfield for a total amount of 1.75 billion pounds (2.28 billion dollars). As part of an extensive review…
Posted to Maritime Reporter
on
October 30, 2024
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The Paris-based investment firm CIAM announced on Tuesday that it would appeal directly to France's financial regulator AMF, urging a public offering of Vivendi stock.
Posted to Maritime Reporter
on
October 30, 2024
Police said that although a significant fire is still burning at BAE Systems shipyard Barrow-in-Furness in northwest England where the new generation of British nuclear submarines are built, there is no nuclear threat from this incident. Cumbria…
Posted to Maritime Reporter
on
October 29, 2024
Two Egyptian security sources reported that a dozen Egyptian migrants were believed dead when their boat capsized on Monday off the coast near the town of Tobruk in eastern Libya. One man was rescued. Sources said that the 13 men left for Italy on a people-smugglers boat Sunday night.
Posted to Maritime Reporter
on
October 29, 2024
LSEG data showed that Turkey increased its imports of Russia’s Urals crude to 7,41 million barrels in October from 5,15 million barrels in September, due to a rise in demand and the completion of refinery maintenance. After the STAR refinery…
Posted to Maritime Reporter
on
October 29, 2024
The Taiwan Defence Ministry announced on Tuesday that a French naval vessel had passed through the Taiwan Strait. This was the latest Western country to make a trip through this strategic waterway. Around once a year, the U.S. Navy, sometimes accompanied by ships of allied nations…
Posted to Maritime Reporter
on
October 29, 2024
Royal Caribbean raised its profit forecasts for the fourth time in a row on Tuesday, thanks to multiple price increases and increased demand for cruises that visit private destinations or cooler places. The post-pandemic surge of cruise demand continues to be strong…
Posted to Maritime Reporter
on
October 29, 2024
The administration of President Joe Biden will begin the sale of offshore development rights on Tuesday for eight areas near the northern New England coasts. This is a test for industry interest in new investment following a year of high profile setbacks.
