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EU Border Agency reviews 12 potential cases of rights violations by Greece

Posted to Maritime Reporter on April 8, 2025

The EU border agency announced on Tuesday that it was reviewing twelve cases of possible human rights violations committed by Greece. This included some allegations that migrants were pushed across the border, a practice which Athens had already been criticised for in European court.

Sources say that Black Sea CPC blend oil exports for April were revised down to 1.6 millions bpd.

Posted to Maritime Reporter on April 7, 2025

Two sources reported on Monday that the Black Sea CPC blend oil exports were reduced to 1.6 millions barrels per day (or 6.2 million tons) from 1.7million bpd as outlined in the preliminary plan. Caspian Pipeline Consortium exports Kazakhstan's and Russia's crude oil via the Black Sea.

Ukraine reports three injured in the overnight Russian attack on Mykolaiv

Posted to Maritime Reporter on April 6, 2025

Ukraine's officials reported that three women were injured, and several fires started in the aftermath of a Russian air strike on Mykolaiv, a region located in southern Ukraine. Vitaly Kim, the governor of Mykolaiv, posted on Telegram that the attack…

A migrant boat that sank off the Greek island of Lesbos has claimed at least seven lives

Posted to Maritime Reporter on April 3, 2025

The Greek coastguard reported that at least seven migrants, including a boy, a girl, and two women died when their boat capsized on Thursday, off the Greek island Lesbos. A patrolling coastguard vessel detected the boat at around 2 am (2300 GMT), north of Lesbos.

Volkswagen to charge 'import fees' on cars affected by tariffs, WSJ reports

Posted to Maritime Reporter on 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…

Kremlin: Dmitriev, Putin's investment representative, may visit Washington

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.

Maersk Shipping expects US growth to continue but warns about rising uncertainty

Posted to Maritime Reporter on 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…

German wind farms are asked to install radar due to security concerns

Posted to Maritime Reporter on 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…

Euronext is cautious about new contracts but proud of its core agricultural contracts

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…

Holders New Zealand cancel plans to host the next America's Cup

Posted to Maritime Reporter on 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…

Caspian Pipeline Consortium suspends operations at 2 of 3 mooring points in its sea terminal

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…

Two foreign tankers suspected of carrying diesel fuel smuggled by Iran's Revolutionary Guards are seized

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.

ArcelorMittal South Africa delays plant closure following $92 million injection

Posted to Maritime Reporter on 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…

Norway's sovereign wealth fund purchases offshore wind farm stakes worth $1.5 billion

Posted to Maritime Reporter 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).

Norway Wealth Fund buys stakes from RWE in two offshore wind farm

Posted to Maritime Reporter on 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.

Putin launches Russia's nuclear-powered sub

Posted to Maritime Reporter on 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…

Bolivia is expecting five fuel cargoes to pass through Chile before April 4, YPFB reports

Posted to Maritime Reporter on March 27, 2025

The company announced on Thursday that Bolivia's energy company YPFB will receive a total five cargoes of diesel and gasoline through Chile before April 4. Three of these cargoes are expected to be imported directly from Houston. YPFB confirmed on Thursday the origin of the goods…

EU wheat exports drop to 7-month low after renewed concerns

Posted to Maritime Reporter on March 27, 2025

The benchmark wheat futures traded on Euronext on Thursday fell to their lowest level in seven months as concerns over short-term demand for exports this season were rekindled by a stronger euro and a sparse demand from abroad. Euronext's May…

Six Russian tourists drowned in a tourist submarine off the coast of Egypt

Posted to Maritime Reporter on March 27, 2025

The local governor's offices confirmed that six foreigners died when a tourist sub sank near the Red Sea resort of Hurghada in Egypt. However, they did not confirm the nationalities. The Russian consulate at Hurghada confirmed that the "SINDBAD"…

Turkey is considering offers for 50,000 T of durum wheat, traders report

Posted to Maritime Reporter on March 27, 2025

The traders reported that the highest price in the tender by Turkey's TMO state grain board to sell and export 50 000 metric tons durum wheat, which closed Thursday, was $315.50 per ton FOB. Viterra, a trading company, was said to be the one who made the offer of 50,000 tons.

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