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Sunday, February 16, 2025

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Estonian Navy prepares to stop vessels in the Baltic Sea

Posted to Maritime Reporter on February 13, 2025

A senior official patrolling the busy Gulf of Finland ship lane on Thursday said that Estonia's Navy is ready to take action against vessels that are a threat to Baltic Sea infrastructure, even if they were in international waters. After a series power…

Sources say that alternative Chinese terminals are now available to accept sanctioned tankers.

Posted to Maritime Reporter on February 13, 2025

Five sources and shipping data indicate that a few newer Chinese terminals have recently begun receiving oil tankers sanctioned from the U.S. This has provided logistical relief after a large port operator suddenly banned such deliveries last week.

Sudanese Foreign Minister: Russia and Sudan agree on Red Sea Naval Base

Posted to Maritime Reporter on February 12, 2025

In a press conference broadcast on television in Moscow, Sudanese foreign minister Ali Yusef Sharif announced that an agreement had been reached to create a Russian Naval Base in Sudan. There are no obstacles, we are in total agreement. Sharif…

The FLC of South Korea is believed to have not purchased the 65,000 T of feed wheat in the tender

Posted to Maritime Reporter on February 12, 2025

European traders claim that the Feed Leaders Committee of South Korea (FLC) did not purchase any animal feed wheat in an international auction for up to 65,000 tons on Wednesday. FLC received an initial offer of $267.35 per ton, cost and freight included (c&f).

South Korea's MFG purchases around 115,000 metric tonnes feed wheat

Posted to Maritime Reporter on February 12, 2025

Major Feedmill Group of South Korea (MFG) bought 115,000 metric tonnes of animal feed wheat on Wednesday in private deals without issuing a tender to the international market, European traders reported. A consignment of 55,000 tons was purchased for an estimated $265.00 per ton c&f…

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

Posted to Maritime Reporter on February 12, 2025

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling-wheat, from which the origin can be chosen, European traders reported on Wednesday. The deadline to submit price proposals in the tender is February 18.

Russia claims that some 300 fishermen stuck on an ice floe have refused to evacuate

Posted to Maritime Reporter on February 12, 2025

The Russian emergency ministry announced on Wednesday that some of the 300 Russians stranded in the Sea of Okhotsk, in the Western Pacific, refused to be evacuated. The ministry posted a message on Telegram saying that 109 fishermen were rescued by helicopters and boats…

First US Navy ships to sail through Taiwan Strait after Trump's inauguration

Posted to Maritime Reporter on February 11, 2025

China was furious when two U.S. Navy vessels sailed this week through the Taiwan Strait, the first time since Donald Trump assumed office in late January. About once a week, the U.S. Navy transits the Strait, sometimes accompanied by ships of allied nations.

First US Navy ships to sail through Taiwan Strait after Trump's inauguration

Posted to Maritime Reporter on February 11, 2025

China was furious when two U.S. Navy vessels sailed this week through the Taiwan Strait, the first time since Donald Trump assumed office in late January. About once a week, the U.S. Navy transits the Strait, sometimes accompanied by ships of allied nations.

State media reported that Chinese military watched US ships crossing the Taiwan Strait.

Posted to Maritime Reporter on February 11, 2025

According to CCTV, China's state broadcaster on Tuesday, the Chinese military has organised air and naval forces to monitor navigation operations by a U.S. oceanographic survey vessel and destroyer crossing the Taiwan Strait between February 10-12.

Traders say that Jordan is believed to have passed on 120,000 T of wheat.

Posted to Maritime Reporter on February 11, 2025

European traders claim that Jordan's state grain purchaser is not believed to have purchased any milling wheat in the international tender for 120,000 metric tonnes of milling which ended on Tuesday. In the coming days, traders expect a new wheat tender to be released. The deadline is February 18.

Oman and Australia LNG vessels move west, including one via the Red Sea as Europe increases LNG supply

Posted to Maritime Reporter on February 10, 2025

Shiptracking data revealed on Monday that at least three LNG vessels from Oman and Australia were heading west to deliver the gas, one of which was sailing through the Red Sea. This is because higher prices in Europe are continuing to attract more supplies.

Oman and Australia LNG vessels move west, including one via the Red Sea as Europe increases LNG supply

Posted to Maritime Reporter on February 10, 2025

Shiptracking data revealed on Monday that at least three LNG vessels from Oman and Australia were heading west to deliver the gas, one of which was sailing through the Red Sea. This is because higher prices in Europe are continuing to attract more supplies.

Governor places parts of Russia's Sakhalin in high alert following cargo ship run aground

Posted to Maritime Reporter on February 8, 2025

The governor of Russia's Sakhalin Region said that a district has been placed on high alert following the stranding of a cargo vessel off the southwest coast Sakhalin Island. The governor of Ukraine, Valery Limarenko said in a Telegram message…

Energy ministry: South Korea's offshore gas discovery may not be economically viable

Posted to Maritime Reporter on February 6, 2025

According to preliminary drilling results, officials from the energy ministry said that South Korea may not be able to afford a large oil and gas project near its east coast. Officials told telephone that recent drilling had shown some gas potential, but the amount wasn't considered significant.

Jordanian traders claim that they will buy up to 120,00 T of feed barley.

Posted to Maritime Reporter on February 6, 2025

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 proposals in the tender is 12 February. Traders…

Mitsubishi charges $439 Million for Offshore Wind Projects in Japan

Posted to Maritime Reporter on February 6, 2025

Mitsubishi Corp., a Japanese company, announced on Thursday that it had taken a 66.8-billion-yen ($438.61-million) impairment charge for its domestic offshore wind project in the nine months ended in December. The trading house announced on…

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

Posted to Maritime Reporter on February 5, 2025

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline to submit price proposals in the tender is February 11. Traders had expected a new announcement after Jordan failed to purchase 120…

Sources say that China has delayed or redirected imports of 600,000 tonnes of wheat.

Posted to Maritime Reporter on February 5, 2025

Two trade sources who have direct knowledge of this matter say that China has delayed the imports of up 600,000 metric tonnes of wheat, mostly Australian, and offered some of those cargoes to buyers other than itself as domestic supplies are reducing demand in the top grain buyer in the world.

Goldman Sachs says that China's retaliatory actions will have a limited impact on energy costs.

Posted to Maritime Reporter on February 4, 2025

Goldman Sachs said on Tuesday that it expected Beijing's retaliatory duties in response to the new U.S. sanctions against Chinese products to have a limited impact on energy costs. The 10% tariff imposed by President Donald Trump on Chinese products went into effect at 12:01 am.
The orderbook for U.S. dredgers is about $3B, and according to DCA CEO Bill Doyle, the incoming political administration could help this niche maritime sector continue its bull run.
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