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June 26, 2024
The congestion at Singapore's container ports is the worst it has been since the COVID-19 outbreak. This is a result of prolonged vessel rerouting in order to avoid Red Sea attacks, which has caused global ocean shipping to be disrupted. Bottlenecks…
Posted to Maritime Reporter
on
June 26, 2024
The congestion at Singapore's container ports is the worst it has been since the COVID-19 outbreak. This is a result of prolonged vessel rerouting in order to avoid Red Sea attacks, which has caused global ocean shipping to be disrupted. Bottlenecks…
Posted to Maritime Reporter
on
June 26, 2024
Security information provider United Kingdom Maritime Trade Operations said that the captain of a ship reported a missile striking the water in the vicinity of the vessel 52 nautical miles south from Yemen's Port of Aden. The UKMTO cited a report…
Posted to Maritime Reporter
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June 26, 2024
Sources said that Peru had asked a court to withdraw its request for a Chinese company to be stripped of the exclusive rights to run a "megaport", which it is building along Peru's Pacific Coast. This was done to cool tensions ahead of this week's leaders' meeting.
Posted to Maritime Reporter
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June 25, 2024
The congestion at Singapore's container ports is the worst it has been since the COVID-19 outbreak. This is a result of prolonged vessel rerouting in order to avoid Red Sea attacks, which has caused global ocean shipping to be disrupted. Bottlenecks…
Posted to Maritime Reporter
on
June 25, 2024
Yemen's Houthis claimed responsibility for an earlier attack on the MSC Sarah V ship in the Arabian Sea. On Monday, the Red Sea and Gulf of Aden Joint Maritime Information Center said that the Liberian flagged vessel was fired upon by a missile but not struck.
Posted to Maritime Reporter
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June 25, 2024
Official data revealed that the Mexican state energy company Pemex increased its crude oil exports in May after a significant drop a month before. It returned to levels more similar to their monthly average. Pemex exports 910,801 barrels of oil per day (bpd), up 34% compared to April.
Posted to Maritime Reporter
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June 25, 2024
Lucio Fugazzotto, an Italian teenager on his way home from school, learned that the Los Angeles Olympics in 2028 would include beach sprint rowing. He vowed to compete and win medals. "I turned and said to my friend, 'Maybe I'll be at Olympics in four years. You might watch me.
Posted to Maritime Reporter
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June 25, 2024
The chief executive of the sanctioned Russian shipping company Sovcomflot has said that sanctions on shipping companies undermine safety at sea, and are dangerous for trade because they impact ship standards. According to measures published by the EU Official Journal on Monday…
Posted to Maritime Reporter
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June 25, 2024
The five-week strike of Safran SA workers in Montreal who produce landing gear components for Boeing and Airbus aircraft shows no sign of resolution. Planemakers claim supply-chain problems are hampering production. A company spokesperson confirmed…
Posted to Maritime Reporter
on
June 25, 2024
Documents and ship monitoring services indicate that Venezuela's PDVSA state oil company has started using tankers that operate off radar in order to supply Cuba, its closest political ally. This is because the fleet of state-owned ships that had previously covered this route is dwindling.
Posted to Maritime Reporter
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June 25, 2024
Two trade sources on Tuesday said that Russia will reduce oil exports through its western ports in July to 1.5 million barrels a day (bpd), a drop of almost 500,000 bpd compared to June. This is because processing at its refineries will increase after maintenance.
Posted to Maritime Reporter
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June 25, 2024
The Ministry of Industry and Trade announced on Tuesday that Japanese Industry Minister Ken Saito would visit Akita, in northern Japan, on Saturday to meet with officials from the industry and the government to discuss the development offshore wind energy.
Posted to Maritime Reporter
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June 25, 2024
In an international auction held on Tuesday, European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc. purchased an estimated 135,000 tons of animal feed grain. The corn was expected to come from South America.
Posted to Maritime Reporter
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June 25, 2024
LSEG data and traders' reports show that India and China were top destinations of Russian seaborne fuel oils and vacuum gasoils (VGO) in May. The completion of seasonal maintenance helped to boost the exports of Russian fuel oil and VGO by 12% in comparison with April…
Posted to Maritime Reporter
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June 25, 2024
According to both Chinese and Japanese statements, Chinese and Japanese coastguard vessels engaged in a standoff around a group disputed islands in East China Sea. Both countries claim the islands. In Japan, they are called the Senkakus, and in China the Diaoyus.
Posted to Maritime Reporter
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June 25, 2024
Adani Group, an Indian conglomerate that converts ports into power, will increase its capital expenditures to 1.3 trillion rupies ($15.6 billion), up from 700 billion rupies a year ago. Chief Financial Officer Jugeshinder Singh announced this on Tuesday.
Posted to Maritime Reporter
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June 25, 2024
Data from the coal consultancy Bigmint revealed that Indian imports of Russian coking coal fell while U.S. shipments increased in the three-month period ending in May. This was attributed by traders to a decrease in Russian prices. Bigmint data…
Posted to Maritime Reporter
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June 25, 2024
The Russian Admiral Gorshkov Navy frigate, which sailed from Russia to Cuba in early June, conducted drills on the Atlantic Ocean using a helicopter in search of submarines. This was announced by the Ministry of Defence on Tuesday. In a Telegram message…
Posted to Maritime Reporter
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June 24, 2024
The National Transportation Safety Board announced on Monday that it was inspecting electrical components removed from the cargo vessel Dali, which crashed into a Maryland Bridge in March and killed six people. It also destroyed the Patapsco River Crossing.
