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Canada - Aug 23

Posted to Maritime Reporter on August 23, 2024

These are some of the most important stories in selected Canadian newspapers. These stories have not been verified and we cannot vouch for the accuracy of these stories. The Teamsters union announced that workers at Canadian National Railway…

Equinor to close Hanoi office after halting Vietnam offshore wind plans

Posted to Maritime Reporter on August 23, 2024

A company spokesperson revealed that Norway's state controlled energy giant Equinor had cancelled plans to invest into Vietnam's offshore sector. This is a blow for Vietnam's green energy ambitions. According to the World Bank Group's report…

Taiwan's president rejects China rule on frontline island

Posted to Maritime Reporter on August 23, 2024

Taiwan's President Lai Ching-te, who was visiting the frontline island to commemorate a major battle between Chinese and Taiwanese forces, said that Taiwan rejects being controlled by China's Communist Party. China's military conducted another…

Ukraine's Navy claims it destroyed a Russian ferry during an attack

Posted to Maritime Reporter on August 23, 2024

The Ukrainian Navy confirmed Friday that it destroyed a ferry that was being used to transport fuel and weapons into occupied Crimea. Local authorities said earlier that the ferry had been damaged and set on fire in the attack Thursday in the southern Krasnodar Region of Russia.

Australia performs first maintenance on US nuclear submarine

Posted to Maritime Reporter on August 23, 2024

The defence ministers from Australia, Britain, and the United States announced that a U.S. nuclear-powered sub will undergo maintenance for the first-time in Australia on Friday. This is a crucial step taken by AUKUS partner countries to deter aggressive behavior in the Indo-Pacific.

Jordanian traders claim that the country will buy up to 120,00 metric tons of feed barley.

Posted to Maritime Reporter on August 22, 2024

European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price offers for the tender is August 28. Jordan's failure to purchase 120…

OBITUARY - Mike Lynch, British tech pioneer who died at sea following US trial acquittal

Posted to Maritime Reporter on August 22, 2024

Mike Lynch, a tech tycoon, who drowned when his luxury yacht capsized off Sicily spent over a decade creating Britain's largest software company. He also fought for almost the same amount of time against charges that he inflated its value to get a multibillion-pound deal.

Scholz Promises State Support to Secure Future of Historic Meyer Werft Shipyard

Posted to Maritime Reporter on August 22, 2024

On Thursday, during a trip to Meyer Werft to meet with workers, Olaf Scholz, the German Chancellor, assured them that the German government was working on a deal for the shipyard, which is 229 years old and is one of the largest cruise ship builders in the world.Scholz…

Scholz, Germany's Scholz, vows to keep the 'industrial crown-jewel' Meyer Werft afloat

Posted to Maritime Reporter on August 22, 2024

German Chancellor Olaf Scholz assured Meyer Werft workers on Thursday that government worked with owners and banks to ensure the future of shipyard. Meyer Werft is home to one the largest builders of luxury cruise ships. Scholz, in an address to the works council…

Canada - Aug 22

Posted to Maritime Reporter on August 22, 2024

These are some of the most important stories in selected Canadian newspapers. These stories have not been verified and we cannot vouch for the accuracy of these stories. After failed negotiations with a major union, Canadian National Railway…

UKMTO reports that a ship has reported damage following an encounter with a vessel without crew off Yemen.

Posted to Maritime Reporter on August 22, 2024

A vessel reported a minor explosion near it after a collision with an uncrewed ship 57 nautical mile south of Yemen's Aden port, the United Kingdom Maritime Trade Operations said on Thursday. The ship and crew were in good health and the vessel was moving to its next destination.

Three migrants drowned in the river that runs between Serbia and Bosnia

Posted to Maritime Reporter on August 22, 2024

Local media, citing an official, reported that at least three migrants drowned, and others were still missing, when their boat capsized on Thursday morning as they attempted to cross the Drina River from Serbia into Bosnia and Herzegovina. Civilian Defense Director Boris Trninic…

Sources say that Germany is planning to take a majority stake in the troubled cruise shipbuilder.

Posted to Maritime Reporter on August 22, 2024

Sources familiar with the situation said on Thursday that the German government intends to buy a majority stake in Meyer Werft - one of the top cruise ship builders in the world - as part of its support for the company. Sources said that Chancellor Olaf Scholz…

China claims it has monitored and warned the US destroyer that was in the Taiwan Strait

Posted to Maritime Reporter on August 22, 2024

China's military claimed that it had warned and monitored a U.S. destroyer Thursday as it crossed the Taiwan Strait, the latest time that the waterway has been traversed in a sensitive manner. China asserts that it has jurisdiction in the Taiwan Strait. In a press release, the 7th Fleet of the U.S.

Grain-World supply of wheat is down to a large extent; corn and soybeans are on the rise

Posted to Maritime Reporter on August 21, 2024

Chicago Board of Trade Wheat Futures declined on Wednesday, as world supplies were heavy and Black Sea exports were cheap. Prices fell ahead of an upcoming rail strike in Canada on Thursday. Chicago soybeans ticked up as the U.S. Agriculture…

EU wheat reaches new 5-month low due to Black Sea pressure

Posted to Maritime Reporter on August 21, 2024

Euronext Wheat prices fell on Wednesday to their lowest level in five months as the strength of the euro and cheaper Black Sea wheat supplies pushed down prices. The December wheat position, which was the most active on Paris' Euronext exchange…

Lukashenko releases a TV journalist and a union leader from Belarus in newest prisoner release

Posted to Maritime Reporter on August 21, 2024

Human rights activists reported that Belarusian president Alexander Lukashenko had freed 13 prisoners who were convicted of political crimes, including an old trade unionist, and a former journalist for state television suffering from a tumor in the brain.

South Korean mills purchase 50,000 T of wheat from the U.S.

Posted to Maritime Reporter on August 21, 2024

European traders reported that a group of South Korean mills purchased an estimated 50,000 tons of milling grain to be sourced in the United States at an international auction on Wednesday. All the wheat was purchased FOB for shipment between October 16 and November 15.

Sources say that Rosneft has resumed LPG deliveries from the Rospan unit following a fire.

Posted to Maritime Reporter on August 21, 2024

Two industry sources said on Wednesday that Rosneft had resumed the loading of liquefied petrol gas (LPG), following a disruption caused by an fire last month. Data from commodity exchanges also showed this. Sources said that the shipments were resumed this week after being halted since July.

Scholz to visit a troubled German shipbuilder in hopes of state aid

Posted to Maritime Reporter on August 21, 2024

Meyer Werft, a luxury shipbuilder, announced that German Chancellor Olaf Scholz would visit the company on Thursday. The announcement raised hopes for the luxury shipbuilder to receive support from the German government in order to close a hole of 2.7 billion euros ($3.00 billion).Thomas Gelder…

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