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April 3, 2025
Singapore, Asia's oil hub, is expected to receive more fuel from Nigeria's Dangote Refinery in April. This follows a spike in arrivals last month. Sources said that the refinery offered to export additional residual fuel in its most recent tender, which was held this week.
Posted to Maritime Reporter
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April 2, 2025
The Wall Street Journal reported that Volkswagen would introduce an "import charge" on affected vehicles by the 25% tariffs levied by U.S. president Donald Trump. Reports citing an internal memo sent to retailers said that the German automaker had temporarily stopped rail shipments from Mexico…
Posted to Maritime Reporter
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April 2, 2025
According to two sources who are familiar with the matter and an email that was seen by, the Trump administration is in the process of reclassifying some workers to a new category of jobs with less protections. Sources said the moves are being…
Posted to Maritime Reporter
on
April 2, 2025
The Kremlin confirmed on Wednesday that a visit by Kirill Dmitriev - the investment envoy of Russian President Vladimir Putin - to the United States to meet with Donald Trump's officials is possible. However, it declined to provide any additional details.
Posted to Maritime Reporter
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April 2, 2025
Maersk, the Danish shipping company, has seen a strong demand from the United States this year. It expects it to continue. However, President Donald Trump's proposed tariffs could cloud its outlook. Maersk published its regular global market forecast before Trump…
Posted to Maritime Reporter
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April 2, 2025
The Federal Maritime Authority announced on Wednesday that wind farms near the German coast in northern Germany have been requested to install radar equipment to improve surveillance of drones and ships. The Russian invasion of Ukraine, which…
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on
April 2, 2025
Analysis of a satellite picture showed that North Korea's new warship class can accommodate dozens vertical launch cells for missiles the military has already developed. This would give their navy more power and create export opportunities.
Posted to Maritime Reporter
on
April 1, 2025
Euronext wants to continue building on the record-breaking volumes of its main crop futures last year by attracting non-European participants like wheat importers from the Middle East. In an interview, Camille Beudin of Euronext, the head of diversified service and in charge of commodities…
Posted to Maritime Reporter
on
April 1, 2025
A senior Taiwan coastguard official has said that China may find a "pretext", such as sensitive dates like the anniversary of President Lai Ching Te's first year in office, which falls on May, to hold new wargames around Taiwan. China, which views democratically-governed Taiwan as its own territory…
Posted to Maritime Reporter
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March 31, 2025
New Zealand, the three-time defending champions of the America's Cup will not be seeking to host the next edition. An Emirates Team New Zealand announcement on Monday cited a lack economic support from government. New Zealand won the 37th America's Cup last October in Barcelona…
Posted to Maritime Reporter
on
March 31, 2025
The Caspian Pipeline Consortium, which exports Kazakhstan and Russia's crude oil via the Black Sea to Europe, announced Monday that two of the terminal's three moorings points had been halted. CPC, which transports about 1% world oil and is a major route for Kazakhstan oil exports…
Posted to Maritime Reporter
on
March 31, 2025
The International Association of Machinists and Aerospace Workers, or IAM, announced on Monday that it had reached a tentative agreement with the National Carriers' Conference Committee of America (NCCC), a group representing U.S. freight railways. This agreement is part of a recent wave in the U.S.
Posted to Maritime Reporter
on
March 31, 2025
Iranian state media reported that Iran's Revolutionary Guards seized on Monday two foreign tankers, allegedly carrying diesel fuel worth over 3 million litres (792 516 US gallons). The report did not mention the nationality of the tanker or whether its crew was detained.
Posted to Maritime Reporter
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March 31, 2025
ArcelorMittal South Africa has announced that it will delay the closure of the long-steel plants in its loss-making state until August 31, after receiving a $191.50-million injection from the Industrial Development Corporation. After failing to receive concessions from the government on its demands…
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on
March 31, 2025
Norway's sovereign fund, which is the largest in the world, announced on Monday that it had acquired from RWE a 49 percent stake in two offshore turbine farms currently under construction in Denmark, Germany, and Sweden for 1.4 billion euro ($1.5 billion).
Posted to Maritime Reporter
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March 31, 2025
Norway's wealth funds said Monday that it had acquired from RWE a 49% share in two offshore wind farm projects in construction in Denmark, Germany and Denmark for 1.4 billion euro ($1.52 billion), marking its first deal with the German firm.
Posted to Maritime Reporter
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March 28, 2025
Major Feedmill Group of South Korea (MFG) bought about 55,000 metric tonnes of animal feed wheat from anywhere in the world on Friday, without holding an international tender. A consignment of goods was purchased for an estimated cost and freight (c&f)…
Posted to Maritime Reporter
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March 28, 2025
China issued its second batch export quotas for refined fuels on Friday, with volumes lower than last year. This was confirmed by two sources from China and a consultancy. The second batch of allowances for last year included 14 million tonnes for gasoline…
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March 27, 2025
Taiwan's Defence Minister dismissed China's complaint about a collision involving a Taiwanese Navy ship and a Chinese trawler, in the Taiwan Strait. Taipei said it will continue to conduct military exercises when necessary. China's Taiwan Affairs…
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March 27, 2025
On Thursday, President Vladimir Putin launched a nuclear submarine with Zircon hypersonic missiles that can travel at speeds up to several times faster than sound. Citing documents related to the launch, the Russian agencies said that the Perm…
