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Saturday, May 3, 2025

Maritime Blogs

Berntsson leads the charge in Congressional Cup semifinals.

Posted to Maritime Reporter on May 3, 2025

The 60th Long Beach Yacht Club Congressional Cup is a tight race between four teams for the two semi-final spots. Only two flights remain in the double-round-robin stage. Four skippers are separated by just one point in a high stakes race that…

US Navy tests sea based hypersonic launch system in Florida

Posted to Maritime Reporter on May 2, 2025

The U.S. Navy announced Friday that it had successfully tested an advanced hypersonic launch system from a space-based base at Cape Canaveral Space Force Station, Florida. This is a major step towards deploying these weapons at sea. The Navy tested its cold-gas approach to launch…

Two dead after Peru Navy vessel strikes Perenco oil platforms in Amazon

Posted to Maritime Reporter on May 2, 2025

The Peruvian Defense Ministry announced on Friday that two people were killed and another was missing after a Peruvian Navy vessel collided on the Amazon River with a Perenco oil platform. The B.A.P. was navigating the area during a transit operation.

Team racing is back with bold new format and new boats

Posted to Maritime Reporter on May 2, 2025

Next month, after a decade of sporting inactivity, the team racing world championship will roar to life when 12 crews are determined to rewrite sport's hierarchy. Organisers announced on Friday that the 2025 Team Racing World Championship, which…

Monnin finishes second in the Congressional Cup

Posted to Maritime Reporter on May 2, 2025

Eric Monnin, from Switzerland, delivered a masterclass of match racing on Thursday at the 60th Long Beach Yacht Club Congressional Cup. He won all three races and surged into second place. As the second round of qualifying begins, the Swiss…

La Folie Douce is heading to Portsmouth for apres-ski.

Posted to Maritime Reporter on May 1, 2025

This summer, La Folie Douce will bring their high altitude hedonism and champagne sprays to Britain's premier sailing event. SailGP will return to British shores on the 19-20th of July with a new waterfront bar where the French Alps party atmosphere…

Poole takes to the field for 60th anniversary of Congressional Cup

Posted to Maritime Reporter on May 1, 2025

Chris Poole, the defending champion of the 60th Anniversary Congressional Cup has made a bold statement of intent by steering his Riptide racing team to six victories in a row on Wednesday's first day of competition. Long Beach's sea breeze…

Orsted sells UK offshore wind farm stake for $606 Million

Posted to Maritime Reporter on May 1, 2025

Orsted announced on Thursday that it had sold a 24.5% share in an offshore wind farm in the UK for approximately 456 million pounds (606 million dollars) to Schroders Greencoat funds. It said that the world's largest offshore wind developer…

Tunisia purchases 25,000 T of feed barley through a restricted tender, traders claim

Posted to Maritime Reporter on April 30, 2025

European traders reported that Tunisia’s state grain agency purchased approximately 25,000 metric tonnes of animal feed barley at an international auction on Wednesday, with limited participation. Viterra, a trading house, was said to have bought…

Norwegian Cruise Line misses quarterly earnings estimates

Posted to Maritime Reporter on April 30, 2025

Norwegian Cruise Line Holdings missed revenue and profit expectations for the first quarter on Wednesday as concerns over tariff uncertainty increased demand for premium cruises. In premarket trading, shares of the company fell by about 6%.

What are the differences between India and Pakistan militaries as tensions increase after the attack in Kashmir?

Posted to Maritime Reporter on April 30, 2025

A 26-man attack on Hindu tourists in Indian Kashmir has caused tensions between India, Pakistan, and fears of conflict. Pakistan has said it has intelligence that India plans to launch military action. According to the International Institute for Strategic Studies in London…

Pip Hare, Canada Ocean Racing's new foiling weapon, joins the charge

Posted to Maritime Reporter on April 30, 2025

Canada Ocean Racing announced on April 30 that it has signed British offshore sailing superstar Pip Hare to compete in The Ocean Race Europe 2020. The team is preparing to reveal a new foiling IMOCA boat ahead of the competition. The seven-team race starts in Kiel…

Chinese navy patrols South China Sea, says Philippines creating 'disturbances'

Posted to Maritime Reporter on April 29, 2025

China's Navy conducted a South China Sea patrol on Tuesday. It claimed that the Philippines was creating "disturbances", and conducting its own patrols in conjunction with other countries. China, which claims nearly the entire South China Sea…

North Korea fires its first weapons test on its new warship

Posted to Maritime Reporter on April 29, 2025

State media KCNA reported that North Korea conducted the first test firing of the weapon system of its new "Choe-Hyon-class" of warships earlier this week. The report stated that artillery and cruise missiles were fired during the test firing attended by Kim Jong Un…

CME launches new Black Sea Wheat contract in June

Posted to Maritime Reporter on April 29, 2025

CME Group announced on Tuesday that it will launch in June a new Black Sea Wheat Futures Contract, which will track the export prices of Romania and Bulgaria. CME's latest effort to develop grain derivatives is in the critical Black Sea export zone.

Guyana's proposed oil spill bill would hold companies responsible for damages caused by oil spills.

Posted to Maritime Reporter on April 29, 2025

According to an excerpt of the bill published in the Official Gazette, the Guyana government submitted a proposed oil pollution law to Parliament. The act proposes that responsible parties be held liable for damage caused by oil spills from vessels.

CNBC interviews LA port official who says that shipping volume will drop by 35% next Monday.

Posted to Maritime Reporter on April 29, 2025

Gene Seroka said that the Los Angeles port expects a 35% decrease in cargo coming from Asia in the next week in an interview with CNBC on Tuesday. He said that major American retailers had stopped all shipments to China. This contributed to 45% of the traffic in Los Angeles.

Petrobras aims to attract Chinese investment to Brazil's maritime industry

Posted to Maritime Reporter on April 29, 2025

Petrobras, the Brazilian state-owned energy giant, said that it was looking to attract new Chinese investment to Brazil's oil, gas and naval sectors, particularly, on Tuesday as its Chief executive Magda Chambriard visited the Asian country.

Royal Caribbean raises annual profit forecast on strong cruise demand

Posted to Maritime Reporter on April 29, 2025

Royal Caribbean increased its annual profit forecast Tuesday. The company benefited from high bookings of its private islands and premium sailings in regions like Alaska and Japan. Bookings for cruises have surpassed historical levels, thanks…

South Korea's MFG purchases about 66,000 T of corn, traders claim

Posted to Maritime Reporter on April 29, 2025

In an international auction held on Tuesday, the Major Feedmill Group of South Korea (MFG) bought approximately 66,000 metric tonnes of animal feed corn, which could have been sourced from either the United States, South America, or South Africa.

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