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Russia sentences a man to 15 years in prison for spying on Ukraine's navy

Posted to Maritime Reporter on March 6, 2025

A Russian military court sentenced a man Thursday to 15-years in prison for spying on the Russian navy on behalf Ukraine. Dmitry Levin was found guilty by the office of Russia’s prosecutor general of high treason, and of being a member of a terrorist group.

US crude exports in India reached a 2-year high in February as Russia sanctions bite

Posted to Maritime Reporter on March 6, 2025

Ship tracking data revealed that U.S. crude oil exports to India reached their highest level in two years last month, as refiners sought alternatives to Russian tankers and producers after the U.S. tightened sanctions. Kpler's ship tracking data showed that the U.S.

Trump's executive order will strengthen U.S. Shipbuilding in the face of China's dominance

Posted to Maritime Reporter on March 5, 2025

Donald Trump, the U.S. president, is currently drafting a draft executive order to resuscitate domestic shipbuilding while reducing China's dominance of the global ocean transportation industry which handles over 80% global trade. The draft fact sheet…

The Royal Navy of the UK monitors the latest Russian warship to sail through Channel

Posted to Maritime Reporter on March 5, 2025

The Royal Navy of Britain said Wednesday that it had monitored a Russian merchant ship and a warship this week as they traveled through the English Channel to the North Sea. The Royal Navy stated that HMS Somerset "watched each move" while Russia's…

Trump creates office for shipbuilding and offers tax incentives

Posted to Maritime Reporter on March 5, 2025

On Tuesday, U.S. president Donald Trump informed Congress that his administration would create a shipbuilding office in the White House as well as offer new tax incentives to the sector. In a late-night address on Tuesday, Trump announced that…

China monitors Philippine supply run to grounded military ship on disputed Shoal

Posted to Maritime Reporter on March 4, 2025

The Chinese coastguard said on Wednesday that it had monitored a Philippine civil boat on Tuesday delivering daily supplies to the "illegally anchored" warship on the Second Thomas Shoal. China and the Philippines both claim the territory, and they often clash in the surrounding waters.

US aircraft carrier visits South Korea to show force against North Korea

Posted to Maritime Reporter on March 3, 2025

South Korea's Navy said that the USS Carl Vinson aircraft carrier arrived in Busan, a southern port city in South Korea, on Sunday to make a display of force against North Korea. The first U.S. Aircraft Carrier to dock in a South Korean Port since the second term of U.S.

South Korea's Industry Minister seeks exemption from Trump tariffs

Posted to Maritime Reporter on February 28, 2025

Seoul's Industry Ministry said that the South Korean industry minister asked for a tariff exemption during talks with U.S. officials, while Washington is moving forward with plans to implement new tariffs. Ahn Duk Geun met with U.S. Trade Representative Jamieson Greer, U.S.

South Korea's NOFI buys estimated 133,000 T corn, traders say

Posted to Maritime Reporter on February 27, 2025

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 133,000 metric tonnes of animal feed corn at an international auction on Thursday. Two consignments of corn were purchased for South Korea, both in May and in June.

South Korea's NOFI buys estimated 133,000 T corn, traders say

Posted to Maritime Reporter on February 27, 2025

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 133,000 metric tonnes of animal feed corn at an international auction on Thursday. Two consignments of corn were purchased for South Korea, both in May and in June.

Jordan offers to purchase up to 120,000 tonnes of wheat, traders claim

Posted to Maritime Reporter on February 27, 2025

Jordan's state grain purchaser has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline for submitting price offers to the tender is March 11, 2019. Traders had expected a new announcement after Jordan failed to purchase 120…

Saipem claims Subsea 7, Inc. merger is driven by fleet expansion

Posted to Maritime Reporter on February 26, 2025

The CEO of Italy's Saipem group stated on Wednesday that the rationale behind a merger of Italy's Saipem with Norway's Subsea 7 was to combine fleets to better serve customers and reduce costs. On Sunday, the two companies announced their intention…

Copenhagen Infrastructure Partners buys Morecambe Wind Project

Posted to Maritime Reporter on February 26, 2025

The fund manager announced on Wednesday that Copenhagen Infrastructure Partners had agreed to purchase an offshore wind project from COBRA Group and Flotation Energy in Britain. Morecambe is a 480 megawatt offshore wind project located in the Eastern Irish Sea, off the coast of Lancashire.

South Korea's KFA purchased 65,000 T of corn from the United States, traders claim

Posted to Maritime Reporter on February 26, 2025

According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed grain expected to come from the United States on Tuesday in a private transaction without holding an international tender.

Japan's ANA orders 77 jets from Boeing, Airbus and Embraer

Posted to Maritime Reporter on February 25, 2025

ANA Holdings, a Japanese airline, said it would place a record-breaking order of up to 77 planes to replace its fleet and capitalize on the growing travel demand. ANA reported that the order, which was its biggest ever in terms aircraft numbers…

South Korean Minister heads to Washington for exemption from Trump tariffs

Posted to Maritime Reporter on February 25, 2025

His ministry announced that South Korea's Minister of Industry Ahn Duk Geun would travel to Washington D.C. between Wednesday and Friday to push for a further exemption from U.S. Steel Tariffs and to discuss ways to increase cooperation in energy and shipsbuilding.

Bangladesh launches new tender for rice purchase of 50,000 tonnes, traders claim

Posted to Maritime Reporter on February 25, 2025

The state grain buyer of Bangladesh has announced a new international bid to buy 50,000 metric tonnes of rice. The deadline to submit price offers is March 11, 2019. After a heavily damaged domestic crop last year, Bangladesh continues to purchase large quantities of rice on international markets.

South Korea's NOFI purchased about 60,000 T of soymeal.

Posted to Maritime Reporter on February 25, 2025

The leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), purchased around 60,000 tons of soymeal in a private transaction on Friday. This deal was made without announcing an international tender. The estimated price was $364.66 per ton, cost and freight included.

US Coast Guard Ship in Tasman sea did not interact with Chinese Navy, Commander says

Posted to Maritime Reporter on February 25, 2025

The commanding officer of a U.S. Coast Guard ship crossing the Tasman Sea in support of maritime security with Australia and New Zealand said that the cutter was aware Chinese naval vessels were in the region but did not interact with them.

Meloni, an Italian company, has secured a pledge of investment worth 40 billion dollars from the UAE.

Posted to Maritime Reporter on February 24, 2025

At a Rome bilateral summit, the United Arab Emirates announced that it plans to invest 40 billion dollars in Italy. The two countries did not give a timeframe. Since taking office as Italian Prime Minister in 2022 Giorgia Mello has sought to strengthen ties with Gulf nations…

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