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
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
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 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
European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 136,000 metric tonnes of animal feed corn, which could be sourced from either the United States, South America…
Posted to Maritime Reporter
on
October 25, 2024
Two senior defense officials have said that the U.S. Navy fears China will use hypersonic weapons in the Pacific to sink ships. They are moving ahead with a plan of arming some of their vessels with Patriot missiles. According to an industry official…
Posted to Maritime Reporter
on
October 24, 2024
The Indonesian maritime security agency reported on Thursday that a Chinese coast guard vessel had been driven out of Indonesian waters for the second time in this week, after it disrupted an initial survey by Pertamina, a state-owned energy company operating in the South China Sea.
Posted to Maritime Reporter
on
October 24, 2024
The Danish climate and energy ministry said that the country will be seeking a common EU strategy to combat the increased Chinese competition on the European wind market. This was ahead of a Thursday meeting with EU Commission officials and leaders in the industry.
Posted to Maritime Reporter
on
October 23, 2024
Carl-Peter Forster's Red Bandit from Germany won the 45th Rolex Middle Sea Race on Wednesday, becoming the third German boat to win this prestigious offshore challenge. Red Bandit followed in the footsteps Saudade and Morning Glory, who won the race in 1983 and 2006 respectively.
Posted to Maritime Reporter
on
October 22, 2024
Taiwan's Defence Ministry reported on Wednesday that a Chinese aircraft carrier group had sailed in the Taiwan Strait. The group was heading north after it passed through the waters near Taiwan-controlled Pratas Islands. The Ministry of Defense said that the Chinese vessels…
Posted to Maritime Reporter
on
October 22, 2024
Scallywag 100, owned by Hong Kong businessman Lee Seng Huang, crossed the finish of the Rolex Middle Sea Race 2024 on Tuesday. It was the first monohull to complete this challenging course. The supermaxi completed the 606 nautical-mile offshore race that starts and ends in Valletta…
Posted to Maritime Reporter
on
October 22, 2024
Two sources claim that Equinor, a Norwegian energy company, has bid with other companies to build an offshore wind farm in Japan's latest state auctions. It is looking for a foothold on the market. Equinor’s bid shows that some wind players have their eyes on Japan…
Posted to Maritime Reporter
on
October 21, 2024
According to European traders, the Korea Feed Association in South Korea purchased approximately 65,000 metric tonnes of animal feed corn that was expected to come from the United States on Friday in a private transaction without issuing a tender.
Posted to Maritime Reporter
on
October 20, 2024
On Sunday, a U.S. warship and a Canadian one sailed together through the Taiwan Strait less than a fortnight after China held a series of new war games on the island. Beijing had denounced the mission as "disruptive". Once a month, the U.S.
Posted to Maritime Reporter
on
October 20, 2024
On Sunday, a U.S. warship and a Canadian one sailed together through the Taiwan Strait less than a fortnight after China held a series of new war games on the island. Beijing had denounced the mission as disruptive. Once a month, the U.S. Navy…
Posted to Maritime Reporter
on
October 18, 2024
Kbank, an online South Korean lender, announced Friday that it had withdrawn its plan to make a public offering. The company cited insufficient demand and thus scuttled what would have been the largest offering of the year in South Korea. Kbank…
Posted to Maritime Reporter
on
October 17, 2024
In the middle of the America's Cup armada, a half dozen futuristic-looking craft are quietly zipping above the waves. The sleek foiling machine, designed by New Zealand's America's Cup Team, looks more like a large sports car than a boat. It…
Posted to Maritime Reporter
on
October 17, 2024
LSEG data and traders' reports on Thursday showed that China and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports rose 2% in August to 4.2 million metric tonnes.
Posted to Maritime Reporter
on
October 17, 2024
The youngest person to ever scale the 14 tallest mountains in the world, a Nepali teenager wants to use his talents to help the Sherpa people of Himalayan country and produce world-class athletes. Sherpas are an ethnic group that lives mainly around Mount Everest.