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OBITUARY - Mike Lynch, British tech pioneer who died at sea following US trial acquittal

Posted to Maritime Reporter on August 22, 2024

Mike Lynch, a tech tycoon, who drowned when his luxury yacht capsized off Sicily spent over a decade creating Britain's largest software company. He also fought for almost the same amount of time against charges that he inflated its value to get a multibillion-pound deal.

Iran: Houthis have agreed to a truce with tugboats so they can reach the damaged oil tanker

Posted to Maritime Reporter on August 28, 2024

Iran's New York mission at the United Nations said that the Houthi group, which is aligned with Iran in Yemen, has agreed to a short-term truce to enable tugboats and other rescue vessels to reach the damaged crude oil tanker Sounion under Greek flag in the Red Sea. Iran's U.N.

Analyst APK-Inform reports that the exports of Ukrainian sunoil dropped sharply in August.

Posted to Maritime Reporter on August 28, 2024

Analyst APK-Inform reported on Wednesday that Ukrainian sunflower oil exports fell by 45% in August compared to July due to a limited supply of sunseeds for refineries. According to the consultancy, about 200,000 tons of sunflower oil was exported between Aug. 1 and 25.

Jordan purchases 60,000 metric tonnes wheat in tender, traders claim

Posted to Maritime Reporter on August 27, 2024

In an international auction held on Tuesday, Jordan's state grain buyer bought about 60,000 metric tonnes of hard milling whey from optional origins. They said that it was estimated to have been purchased from Ameropa at a cost and freight rate…

South Korea's FLC purchases 68,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on August 27, 2024

The Feed Leaders Committee of South Korea (FLC) bought around 68,000 metric tonnes of animal feed corn from South America on Tuesday in a private transaction without holding an international tender. The corn cost was estimated at $232.99 per ton, including freight.

South Korea's KFA buys estimated 66,000 T corn, traders say

Posted to Maritime Reporter on August 27, 2024

European traders reported that the Korea Feed Association (KFA), which is a trade association for animal feed, purchased approximately 66,000 metric tonnes of animal feed corn at an international auction on Tuesday. The corn was expected to come from South America.

British maritime agencies report an incident off Yemen coast

Posted to Maritime Reporter on August 26, 2024

United Kingdom Maritime Trade Operations said that it received a report on Monday of an incident 61 miles south-east of Yemen's Mokha. UKMTO reported the captain of an unmanned surface vessel (USV) in close proximity to his vessel. Two other small boats were also observed…

Philippines calls China's South China Sea move aggressive and illegal

Posted to Maritime Reporter on August 26, 2024

After a series of incidents and clashes on the air and on the sea in the last week, the Philippine government condemned China for its "repeated aggressive and unprofessional" actions. The Philippines' National Maritime Council said Chinese aircraft…

China fines Sinograin, others for transporting cooking oils in unclean tankers

Posted to Maritime Reporter on August 26, 2024

State media reported that China fined Sinograin, a state-owned stockpiler of cooking oil, and six other firms an aggregate of 11 million yuan (1.54 million dollars) for the use of fuel tanks to transport cooking oils in a scandal which eroded trust in food safety regulations.

Migration agency reports 13 dead after boat capsizes off Yemen

Posted to Maritime Reporter on August 25, 2024

The International Organization for Migration said that 13 people were killed and 14 are still missing after a boat capsized near Yemen on Tuesday. IOM reported that the boat carrying 25 Ethiopians, two Yemenis and two Yemenis was sailing off the coast in Yemen's Taiz Governorate, southwest.

Greek coastguard shoots at migrant boat and kills one

Posted to Maritime Reporter on August 23, 2024

Authorities said that a 39-year old migrant died after the Greek Coastguard opened fire at a vessel transporting migrants near the island of Symi, in the eastern Aegean. The coastguard stated that the man "probably died from a bullet". It also…

Media report that the death toll has risen to 11, after a boat capsized between Bosnian and Serbia

Posted to Maritime Reporter on August 23, 2024

Local media reported that the death toll had risen to 11 after a boat of migrants capsized as it tried to cross from Serbia into Bosnia and Herzegovina. Zlatan Simic, the head of the local firefighting team in the eastern Bosnian city of Bratunac told Srna…

Equinor to close Hanoi office after halting Vietnam offshore wind plans

Posted to Maritime Reporter on August 23, 2024

A company spokesperson revealed that Norway's state controlled energy giant Equinor had cancelled plans to invest into Vietnam's offshore sector. This is a blow for Vietnam's green energy ambitions. According to the World Bank Group's report…

Taiwan's president rejects China rule on frontline island

Posted to Maritime Reporter on August 23, 2024

Taiwan's President Lai Ching-te, who was visiting the frontline island to commemorate a major battle between Chinese and Taiwanese forces, said that Taiwan rejects being controlled by China's Communist Party. China's military conducted another…

Ukraine's Navy claims it destroyed a Russian ferry during an attack

Posted to Maritime Reporter on August 23, 2024

The Ukrainian Navy confirmed Friday that it destroyed a ferry that was being used to transport fuel and weapons into occupied Crimea. Local authorities said earlier that the ferry had been damaged and set on fire in the attack Thursday in the southern Krasnodar Region of Russia.

Australia performs first maintenance on US nuclear submarine

Posted to Maritime Reporter on August 23, 2024

The defence ministers from Australia, Britain, and the United States announced that a U.S. nuclear-powered sub will undergo maintenance for the first-time in Australia on Friday. This is a crucial step taken by AUKUS partner countries to deter aggressive behavior in the Indo-Pacific.

Jordanian traders claim that the country will buy up to 120,00 metric tons of feed barley.

Posted to Maritime Reporter on August 22, 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 offers for the tender is August 28. Jordan's failure to purchase 120…

Scholz Promises State Support to Secure Future of Historic Meyer Werft Shipyard

Posted to Maritime Reporter on August 22, 2024

On Thursday, during a trip to Meyer Werft to meet with workers, Olaf Scholz, the German Chancellor, assured them that the German government was working on a deal for the shipyard, which is 229 years old and is one of the largest cruise ship builders in the world.Scholz…

UKMTO reports that a ship has reported damage following an encounter with a vessel without crew off Yemen.

Posted to Maritime Reporter on August 22, 2024

A vessel reported a minor explosion near it after a collision with an uncrewed ship 57 nautical mile south of Yemen's Aden port, the United Kingdom Maritime Trade Operations said on Thursday. The ship and crew were in good health and the vessel was moving to its next destination.

Three migrants drowned in the river that runs between Serbia and Bosnia

Posted to Maritime Reporter on August 22, 2024

Local media, citing an official, reported that at least three migrants drowned, and others were still missing, when their boat capsized on Thursday morning as they attempted to cross the Drina River from Serbia into Bosnia and Herzegovina. Civilian Defense Director Boris Trninic…

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