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Airbus delays production and cuts delivery targets

Posted to Maritime Reporter on June 24, 2024

Airbus lowered Monday its total delivery target for 2024 to around 770 aircraft from about 800. It also pushed the deadline to reach production of 75 narrow body airplanes per month from 2026 to 2027. After its most recent review, Europe's biggest…

Algeria offers to purchase soft wheat only for export to two ports, traders claim

Posted to Maritime Reporter on June 24, 2024

European traders reported on Monday that Algeria's state grain agency OAIC had issued an international tender for the purchase of soft milling wheat to be shipped to only two ports. Traders said that the tender was for a nominal amount of 50…

UKMTO reports an explosion near a ship off the coast of Yemen

Posted to Maritime Reporter on June 24, 2024

The United Kingdom Maritime Trade Operations said that a merchant ship in the Arabian Sea reported a nearby explosion on Monday. UKMTO reported that the crew is safe and the vessel is proceeding to its next destination. JMIC, the Red Sea and Gulf of Aden Joint Maritime Information Center…

The Italian touch is brought to foreign shores by a historic tall ship

Posted to Maritime Reporter on June 24, 2024

Authorities said that the Amerigo Vespucci - which Italians consider to be the most beautiful ship in the world - is touring around with a temporary exhibition at each stop showcasing Italian heritage and products. The tall ship Vespucci was named after the explorer that gave America its name.

EU sanctions 19 ships related to energy, including LNG vessels

Posted to Maritime Reporter on June 24, 2024

Two sources familiar with this matter confirmed on Monday that the European Union would add 27 vessels to its list, including oil tankers and LNG carriers, as part of their latest sanctions against Russia. The 14th set of sanctions was adopted by the EU countries on Monday.

Netanyahu is warned by panel investigating submarine purchase

Posted to Maritime Reporter on June 24, 2024

A commission in Israel investigating suspected wrongdoing involving government purchases of German submarines and missile ships issued a warning on Monday to Benjamin Netanyahu. The panel informed Netanyahu that, based on the evidence collected so far…

Copper's losses will be magnified by the retrenchment of funds during LMEWEEK

Posted to Maritime Reporter on June 24, 2024

Analysts say that a combination of sluggish Chinese demand and rising inventories will likely cause funds to withdraw from the copper markets, adding further pressure to the prices, which have fallen around 12% in just one month since they reached record highs.

Chairman of India's Adani Group says the group is 'well-positioned' to capitalize on infra expenditures by the country

Posted to Maritime Reporter on June 24, 2024

Adani Group's Chairman Gautam Adani said on Monday that the group is "well-positioned" to take advantage of opportunities in India's booming Infrastructure sector, as spending will likely increase. Adani, whose group has interests in ports, power utilities and transmission…

Kommersant reports that Novatek, a Russian LNG exporter, has opened the season for LNG exports via Northern Sea Route to Asia.

Posted to Maritime Reporter on June 24, 2024

Kommersant reported Monday that Novatek, Russia's biggest producer of liquefied gas, had sent its first LNG cargo via the Northern Sea Route, to Asia. The data was based on Kpler and Gecon consulting. According to the newspaper, the Arc7 gas…

U.S. manufacturing output has flat-lined, dampening diesel use: Kemp

Posted to Maritime Reporter on June 24, 2024

The U.S. manufacturing sector has barely grown since the outbreak, explaining why the diesel consumption has remained anemic. It has also not recovered in line with the expectations made at the beginning of the year. According to estimates by the Federal Reserve…

Data shows that a rare LNG vessel is sailing through the Red Sea amid Houthi attacks

Posted to Maritime Reporter on June 24, 2024

Just days after Houthi militants in Yemen sank the second vessel of their attacks that began last November, the first LNG tanker has been sailing through Red Sea since January. Shiptracking data provided by LSEG and Kpler revealed that Asya…

Houthis claim two attacks on ships in the Red Sea and Indian Ocean

Posted to Maritime Reporter on June 23, 2024

On Sunday, the Yemeni Houthi Group said that its forces had launched two attacks on ships in the Red Sea as well as the Indian Ocean. Yahya Saree, a Houthi military spokesperson, said that the first ship, Transworld Navigator was targeted by…

Greek yacht crew accused of arson on Hydra Island

Posted to Maritime Reporter on June 23, 2024

The semi-official Athens News Agency reported that a Greek prosecutor charged 13 crew of a yacht on Sunday with arson. Fireworks launched from the vessel allegedly sparked a fire in a forest on the island Hydra. All Greeks were arrested at a…

Drone attack damages vessel west of Yemen’s Hodeidah

Posted to Maritime Reporter on June 23, 2024

Ambrey, a British security company and United Kingdom Maritime Trade Operations said that a drone attack damaged a merchant ship 65 nautical miles west from Hodeidah in Yemen. Ambrey, in a separate letter, identified the vessel without naming…

Refloating of a New Zealand ferry which ran aground

Posted to Maritime Reporter on June 22, 2024

The government of New Zealand said that a ferry between New Zealand’s two main islands, which ran aground Friday night, was successfully refloated on Saturday. The Interislander ferry, operated by the state-owned company KiwiRail in Picton Harbour at the north coast of South Island, ran aground.

Yemen's Houthis claim an attack on four vessels at Israel's Haifa Port

Posted to Maritime Reporter on June 22, 2024

Yemen's Houthis announced early Sunday morning that they conducted a military operation in conjunction with the Islamic Resistance in Iraq militants, which targeted four ships in Israel's Haifa port in northern Israel. Yahya Saree, the Houthi military spokesman…

Greece arrests 13 people from yacht accused of starting fire on Hydra

Posted to Maritime Reporter on June 22, 2024

The Greek authorities arrested 13 crew members and passengers of a yacht on Saturday, after fireworks fired from the vessel caused a forest to burn on the island Hydra. Early Saturday morning, firefighters brought the fire, which had burned a part of Bisti's pine forest, under control.

US officials deny that the Houthi claim about an attack on a US aircraft carrier is true

Posted to Maritime Reporter on June 22, 2024

Two U.S. officials have denied the claim made by the Houthi group of Yemen on Saturday, that their forces attacked the U.S. aircraft carriers Dwight D. Eisenhower and the Red Sea. Two U.S. officials, who spoke on the condition of anonymity, said that this claim was false.

US officials deny that the Houthi claim of an attack on a US aircraft carrier is true

Posted to Maritime Reporter on June 22, 2024

Two U.S. officials have denied the claim made by the Houthi group of Yemen on Saturday, that their forces attacked the U.S. aircraft carriers Dwight D. Eisenhower and the Red Sea. Two U.S. officials, who spoke on the condition of anonymity, said that this claim was false.

New Zealand ferry runs into trouble, but no injuries

Posted to Maritime Reporter on June 22, 2024

The government of New Zealand described the incident as "very worrying" on Saturday. Although 47 passengers were unable to leave the vessel, they had to stay aboard. The Interislander Aratere, operated by the state-owned company KiwiRail and located on the North Coast of the South Island…

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