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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.

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…

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.

Rubio to Panama: China is threatening canal and changes are needed.

Posted to Maritime Reporter on February 2, 2025

A spokesperson for the State Department said that U.S. Secretary Marco Rubio informed Panamanian President Jose Raul Mulino during talks on Sunday that Donald Trump had determined that China's influence threatened the Panama Canal, and that urgent changes were required or the U.S. might act.

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.

Rubio begins Latin America tour with canal and migration talks in Panama

Posted to Maritime Reporter on February 2, 2025

Marco Rubio, the top Trump administration diplomat, began his first overseas visit to Panama on Sunday. He was scheduled to meet Panamanian president Jose Raul Mulino and discuss U.S. concern about Chinese companies that could affect U.S. shipping…

US envoy says China's presence near the Panama Canal is a security issue

Posted to Maritime Reporter on January 31, 2025

Mauricio Clever-Carone, U.S. Special Envoy for Latin America said that China's presence near the Panama Canal was a concern to Panama's national security, just days before the top U.S. diplomat Marco Rubio visited the country. Rubio is scheduled to depart for his first overseas trip on Saturday.

What aircraft was involved in the mid-air crash that occurred in Washington DC

Posted to Maritime Reporter on January 30, 2025

Officials said that an American Airlines regional passenger plane and a U.S. Army Black Hawk chopper crashed into the icy Potomac River on Wednesday night after colliding in midair near Reagan Washington National Airport. The Sikorsky UH-60…

Philippines suspends South China Sea Survey after China's "harassment"

Posted to Maritime Reporter on January 24, 2025

The Philippines announced on Saturday that it had suspended its scientific survey of the South China Sea following "harassment and aggressive behavior" by China's coastguard and navy. Manila and Beijing are involved in a series escalating clashes over the disputed waters of South China Sea.

French wheat exports fall due to poor crop, Algerian spat and Russian rivalry

Posted to Maritime Reporter on January 27, 2025

France is facing its worst wheat exports for decades due to a rift between Algeria and the European Union, a slump in Chinese demand, as well as a poor harvest. The French farmers who protested in the beginning of this year against falling incomes…

China claims Philippines sent supplies to warship in disputed atoll

Posted to Maritime Reporter on January 24, 2025

China's coastguard said that the Philippines sent a civilian ship to deliver supplies to its warship, which was "illegally anchored" on Second Thomas Shoal in the South China Sea. In a press release, the coast guard said that it "questioned"…

German-Indian joint venture emerges as the sole bidder for India's $5 billion submarine deal

Posted to Maritime Reporter on January 23, 2025

According to a stock exchange filing, German shipbuilder ThyssenKrupp, along with its Indian partner, has cleared field trials in order to build six advanced conventional subs for the Indian Navy. An Indian defence source claimed that their potential competitor…

Trump's tariffs threaten to hit a major Chinese port ahead of the holiday season, causing congestion.

Posted to Maritime Reporter on January 24, 2025

This week, exporters rushed to load and ship containers from Shenzhen’s Yantian Port - one of the largest container ports in the world - before an eight day Lunar New Year break and ahead of potential U.S. duties on Chinese products. Yantian…

Yemen's Houthis complimentary team of Galaxy Leader after over a year, Al Masirah television reports

Posted to Maritime Reporter on January 22, 2025

Sea coast, Houthiowned Al Masirah TV reported on Wednesday. Palestinian militant group Hamas. Council as saying. car provider's owner Galaxy Maritime. Houthi forces at sea on Nov. of war in Gaza. agreement. criminal activities and siege of the Gaza Strip, he said.

South Korea's acting president wants reciprocal relations with Trump administration

Posted to Maritime Reporter on January 20, 2025

Choi Sangmok, acting president of South Korea, said that he hopes bilateral relations between the United States and South Korea will develop more mutually under the Trump administration. Choi, citing the slogan "We Go Together", said that the…

China purchases less Russian coal in 2024 regardless of record imports

Posted to Maritime Reporter on January 20, 2025

purchases from other crucial providers, led by Australia, throughout a. record year for coal imports, customs data revealed on Monday. Purchases by China last year reached an all-time high of. 547.2 million tons, or a record 41% of worldwide traded coal,.

Philippine Navy holds exercise near disputed Shoal amid standoff between China and Philippines

Posted to Maritime Reporter on January 17, 2025

The Philippine Navy said that on Friday, its ships were conducting drills near an disputed shoal in South China Sea. This comes a day after Manila agreed with Beijing to find common ground and ways to work together despite the ongoing disputes.

USTR finds China’s dominance in shipbuilding hurts US and is actionable

Posted to Maritime Reporter on January 16, 2025

The U.S. Trade Representative’s Office on Thursday stated that China's dominance in the global shipbuilding and maritime sectors, as well as logistics, is "unreasonable". It is also "actionable" according to U.S. Trade Law. The USTR investigation…

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