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Harland & Wolff, the Titanic's builder, appoints administrators to reduce jobs

Posted to Maritime Reporter on September 27, 2024

Harland & Wolff, the British shipbuilder best known for building Titanic, announced on Friday that it had appointed administrators. This would result in job losses as the company struggles to raise funding. The company, who currently employs 66 employees…

Agriculture groups call on White House to act ahead of possible port strike

Posted to Maritime Reporter on September 27, 2024

Nearly 200 agricultural organizations urged the White House on Friday morning to address U.S. agriculture supply chain issues, in light of a possible East and Gulf Coast ports strike that could start on Tuesday. According to the groups, there are "imminent and serious shipping disruptions"…

Algerian corn tender says it has bought an unknown quantity of South American corn

Posted to Maritime Reporter on September 27, 2024

European traders reported on Friday that Algerian state agency ONAB purchased an unknown quantity of animal feed corn from Argentina or Brazil as part of an international tender which ended on Thursday. The tender was for up to 240.000 tons.

China's Coast Guard says Philippine vessel brought supplies to Second Thomas Shoal

Posted to Maritime Reporter on September 27, 2024

China's coastguard said that the Philippines sent on Friday a civilian vessel to ferry daily essentials to a ship at Second Thomas Shoal, which Beijing claims was "beached illegally" in the disputed waters of the South China Sea. The coast guard…

South Atlantic Whale Sanctuary Plan Blocked at International Meeting

Posted to Maritime Reporter on September 27, 2024

The International Whaling Commission's (IWC) meeting on Thursday rejected a proposal to create a sanctuary in the southern Atlantic Ocean for whales and cetacean species. This disappointed animal conservationists. At the IWC annual session held in Lima…

Greece says woman dies after migrant boat capsizes off Kos island

Posted to Maritime Reporter on September 27, 2024

The coastguard of Greece said that it recovered a woman's body and rescued fifteen migrants after their boat capsized on Friday off the island Kos, in the eastern Aegean sea. Separately, on Friday the coastguard rescued some 78 migrants who…

Costco is preparing for the US port strike by doing "a little bit of everything".

Posted to Maritime Reporter on September 26, 2024

Costco Wholesale, a U.S. retailer, is taking many steps to prepare for a possible strike next week in U.S. port cities on the East Coast of the United States and the Gulf of Mexico. The company's CEO said this on Thursday. Costco CEO Ron Vachris…

US official: Chinese nuclear-powered sub sank in the first half of this year

Posted to Maritime Reporter on September 26, 2024

A senior U.S. official confirmed on Thursday that China's latest nuclear-powered attack sub sank in the first half of this year. This could be an embarrassment to Beijing, which is seeking to increase its military capabilities. China has already…

EU wheat gains pared as export concerns counteract weather support

Posted to Maritime Reporter on September 26, 2024

Euronext Wheat Futures rose on Thursday, boosted by weather concerns for planting. However, they fell from their previous one-week high amid signs of stiff competition in exports. The December wheat price on Paris' Euronext rose 0.3% to 221.25 Euros ($247.18) per metric ton.

Reports and sources confirm that at least four people have died after an oil barge sinks off Venezuela.

Posted to Maritime Reporter on September 26, 2024

According to sources and a report on the accident, at least four people are dead after an oil barge sank in Venezuela's Lake Maracaibo. The barge was operated by a contractor for the state-run PDVSA energy company. The report said that another…

Britain and Italy are in a race for the America's Cup

Posted to Maritime Reporter on September 26, 2024

The first-to seven America's Cup Challenger Final on Thursday saw Britain and Italy tied with one victory each. Next month, the winner of the Louis Vuitton Cup qualifying series will face New Zealand's America's Cup defenders for the coveted Auld Mug in Barcelona.

US East Coast port employer files NRLB complaint with Union as strike looms

Posted to Maritime Reporter on September 26, 2024

On Thursday, employers negotiating a contract with union leaders at U.S. East Coast and Gulf Coast ports filed a complaint for unfair labor practices against them. They claimed that the union refused to resume negotiations before the threatened deadline.

Jordanian traders claim that they will buy up to 120,00 T of feed barley.

Posted to Maritime Reporter on September 26, 2024

European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price proposals in the tender is October 2. Jordan's failure to purchase 120…

SailGP debuts 2025 Sassnitz in Germany

Posted to Maritime Reporter on September 26, 2024

SailGP, the adrenaline-fuelled sailing spectacle, is headed to new waters in August 2025. The elite sailing championship will make its highly anticipated German debut on the island Ruegen. Sassnitz along the coast of the island will host two days high-octane races.

Italy wins Youth America's Cup at Barcelona

Posted to Maritime Reporter on September 26, 2024

Italy won the Youth America's Cup Thursday, with a convincing victory over the United States. The final was held on the Mediterranean Sea near Barcelona. This is the first of two regattas that will precede the America's Cup in October when New Zealand…

Britain announces new Russia shipping sanctions

Posted to Maritime Reporter on September 26, 2024

The UK announced on Thursday that it has sanctioned two shipping companies and five ships under its Russian sanctions regime. In the first week of this month, Britain sanctioned 10 more ships from Russia's "shadow fleet", a group of vessels…

New Zealand and Australia naval ships passed through the Taiwan Strait on Tuesday

Posted to Maritime Reporter on September 26, 2024

According to a Thursday statement by New Zealand's Defence Minister Judith Collins, naval vessels from New Zealand sailed across the Taiwan Strait. Collins described the two ships' activity as routine and in accordance with international law.

French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on September 26, 2024

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. After intense discussions on Wednesday at the United Nations, the United States and France along with several other allies…

Financial Times - Sept 26

Posted to Maritime Reporter on September 25, 2024

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. Keir starmer will travel to Brussels next week, where he will meet Ursula von der Leyen of the European Commission…

Newspaper report: Japan destroyer crosses Taiwan Strait first time.

Posted to Maritime Reporter on September 25, 2024

The Yomiuri reported, citing several government sources, that Japan's Self Defense Force had patrolled the Taiwan Strait for the first ever time on Wednesday in an effort to send a signal to China. The Japanese newspaper reported that the SDF…

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