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Taiwan's MFIG purchases about 65,000 T of corn with Brazil as expected origin

Posted to Maritime Reporter on July 31, 2024

European traders reported that the MFIG buying group in Taiwan purchased about 65,000 metric tonnes of animal feed grain expected to come from Brazil during an international auction on Wednesday. They said that the yellow corn purchased was at a premium estimated to be 194.99 U.S.

Taiwan says it has reached an agreement with China on the deaths of fishermen

Posted to Maritime Reporter on July 30, 2024

After months of negotiation, Taiwan and China reached an agreement on Tuesday regarding the death of two Chinese fisherman in a maritime accident. This could help to ease tensions along the Taiwan Strait. Taiwan's Coast Guard said that a settlement…

Russia to open Arctic shipping route in 2024 for Urals crude oil to Asia

Posted to Maritime Reporter on July 30, 2024

According to market data and LSEG on Tuesday, Russian shipping company Sovcomflot began transporting Urals crude to Asia this year via the Northern Sea Route. Melting ice has opened the Arctic transit route to transit shipments. Russia is looking for alternative routes from western ports to Asia…

Philippines completes its first South China Sea resupply missions since the deal with Beijing

Posted to Maritime Reporter on July 27, 2024

The Philippines completed unhindered a resupply mission to its troops on a disputed South China Sea Shoal, said its foreign ministry. This was the first such trip under a new agreement with China that aims to cool tensions. After repeated clashes that caused concern in the region about escalation…

Australia signs $1.4 billion deal to upgrade submarines

Posted to Maritime Reporter on July 27, 2024

Australia announced on Saturday that it had signed a four-year A$2.2 billion (USD1.4 billion) contract with the state-owned sub-builder ASC for upgrading its Collins class submarines. Defence Industry Minister Pat Conroy stated that the "sustainment…

Taiwan bids on estimated 105.650 T of wheat from the U.S.

Posted to Maritime Reporter on July 26, 2024

European traders reported on Friday that the Taiwan Flour Millers' Association had issued a tender for an estimated 105.650 metric tons grade 1 milling grain to be purchased from the United States. The deadline to submit price bids in the tender is August 1.

Leonardo's fighter jet program survives UK defence review

Posted to Maritime Reporter on July 23, 2024

According to a Leonardo executive, a British review of defence policy will not affect a multi-billion dollar fighter jet project being developed by Italy and Japan, as well as the United Kingdom. The Global Combat Air Programme (GCAP) is being developed by BAE Systems in Britain…

Mexico wants to continue fuel imports after delays in refineries

Posted to Maritime Reporter on July 26, 2024

M exico wants to import more motor oil than originally planned for the next year to compensate for delays with its new Olmeca refining plant, according to a half dozen traders, marking a U-turn from state energy company Pemex. The purchases…

Meloni, Italy's Meloni, to visit China with a trade and investment agenda this week

Posted to Maritime Reporter on July 24, 2024

A person involved in planning said that Giorgia Melons first visit to China since she took office will be from July 26-31. She is hoping to improve trade between China and Italy. Meloni is expected to meet Chinese Premier Li Qiang and President Xi Jinping.

Ecuador's Navy ready to fight illegal fishing around Galapagos Islands

Posted to Maritime Reporter on July 23, 2024

After training with its allies, the cuadorian navy is prepared to protect the waters around the Galapagos Islands against illegal fishing by foreign vessels whose visits each year threaten marine life in the waters of the archipelago. In 2018…

Cepsa reports that Hafnia Nile tanker involved in the fire was carrying naphtha imported from Spain.

Posted to Maritime Reporter on July 23, 2024

According to the Spanish oil company Cepsa, the oil tanker Hafnia Nile was loaded with naphtha from the energy park of the company in Huelva. Cepsa received a report from Hafnia, the shipowner of the vessel involved in the collision near the island Pedra Branca on the South China Sea.

Oil tankers caught fire after collision near Singapore; crews rescued

Posted to Maritime Reporter on July 23, 2024

Authorities and a tanker operator reported that two large oil tanks caught fire after colliding on Friday near Singapore, which is the world's largest refuelling station. Two crew members were airlifted from the scene to the hospital, while others were rescued using life rafts.

Starmer: UK warplane capabilities important during defence review

Posted to Maritime Reporter on July 23, 2024

Keir starmer, the British Prime Minister, stressed on Monday that Britain's fighter-jet capability is important. However, he did not guarantee that a review of defence policy would not affect its next generation air combat programme with Japan or Italy.

BAE: UK, Japan and Italy's GCAP Project heading to next phase "at pace"

Posted to Maritime Reporter on July 23, 2024

BAE Systems' managing director stated that the Global Combat Air Programme, a joint venture between Britain and Japan to develop a new fighter aircraft, will be launched in 2025. Keir starmer, British Prime Minister Keir said earlier in the…

After being stopped by the coast guard, a fire-hit tanker enters Malaysia's terminal area

Posted to Maritime Reporter on July 23, 2024

Shipping data from LSEG & Kpler revealed that a tanker involved in a collision last week near Singapore entered the Bertam floating oil storage terminal area on Monday morning, after being intercepted on Sunday by local authorities. On Friday…

Malaysia Coast Guard says that the tanker involved in an explosion has left the site

Posted to Maritime Reporter on July 23, 2024

Malaysia's Coast Guard said on Saturday one of two large oil tanks involved in an accident that resulted in fires on both vessels had left the scene of the accident. It was also believed that the tracking system of that tanker had been turned off.

Japanese refiners call for early orders by airlines in the face of jet fuel shortage

Posted to Maritime Reporter on July 23, 2024

As a way to solve the jet fuel shortages at Japanese airports, the head of Japan's petroleum industry demanded on Thursday that international airlines provide flight schedules as well as jet fuel demand predictions a year ahead. Jet fuel shortages in Japan…

Vietnam claims extended continental shelf in South China Sea to UN

Posted to Maritime Reporter on July 23, 2024

Vietnam's Foreign Ministry announced on Thursday that it had filed a claim at the United Nations to extend the continental shelf in the South China Sea. This comes a month after the Philippines took a similar step. Hanoi wants to extend its…

TASS cites Russian Navy as saying that Russia and China have completed successful joint naval exercises in the South China Sea.

Posted to Maritime Reporter on July 23, 2024

Russian and Chinese vessels have successfully practiced anti-submarine warfare, naval combat, and air defence for vessels during joint naval exercises this week in the South China Sea, reported Russia's TASS on Thursday. TASS cited a Russian…

Vietnam claims extended continental shelf in South China Sea to UN

Posted to Maritime Reporter on July 23, 2024

Vietnam's Foreign Ministry announced on Thursday that it had filed a claim at the United Nations to extend the continental shelf in the South China Sea. This comes a month after the Philippines took a similar step. In a press release, the Foreign…

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