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Ukraine Foreign Minister calls for support in stopping Russian attacks on its Black Sea Ports

Posted to Maritime Reporter on October 21, 2024

On Monday, Ukrainian Foreign Minister Andrii Sybiha stated that he had met with Turkish President Tayyip Erdoan to discuss safe navigation of shipping in the Black Sea. I also stressed the importance of freedom of navigation on the Black Sea.

Equinor, a Norwegian company, tries to lease an offshore wind farm in Japan again.

Posted to Maritime Reporter on October 22, 2024

Two sources claim that Equinor, a Norwegian energy company, has bid with other companies to build an offshore wind farm in Japan's latest state auctions. It is looking for a foothold on the market. Equinor’s bid shows that some wind players have their eyes on Japan…

KFA, South Korea's KFA, bought 65,000 t corn from the U.S.

Posted to Maritime Reporter on October 21, 2024

According to European traders, the Korea Feed Association in South Korea purchased approximately 65,000 metric tonnes of animal feed corn that was expected to come from the United States on Friday in a private transaction without issuing a tender.

Sport-New Zealand celebrates an unforgettable sporting weekend

Posted to Maritime Reporter on October 21, 2024

New Zealanders were bleary-eyed on Monday as they celebrated the sporting victories that took place around the globe over the weekend. For once, there was no rugby ball to be seen. The streak began early Sunday morning when Team New Zealand retained the America's Cup in sailing.

US and Canadian navies sail past Taiwan Strait a week after wargames

Posted to Maritime Reporter on October 20, 2024

On Sunday, a U.S. warship and a Canadian one sailed together through the Taiwan Strait less than a fortnight after China held a series of new war games on the island. Beijing had denounced the mission as "disruptive". Once a month, the U.S.

US and Canadian navies sail past Taiwan Strait a week after wargames

Posted to Maritime Reporter on October 20, 2024

On Sunday, a U.S. warship and a Canadian one sailed together through the Taiwan Strait less than a fortnight after China held a series of new war games on the island. Beijing had denounced the mission as disruptive. Once a month, the U.S. Navy…

Official Russian statement: Ukraine's attacks on the Black Sea Fleet forced Black Sea Fleet warships to move from Sevastopol

Posted to Maritime Reporter on October 20, 2024

A Russian-installed official said on Sunday that the Black Sea Fleet of Russia was forced to remove many warships, from the naval base in Sevastopol, on the Crimean Peninsula, which Russia annexed in 2014. This is due to the attacks by Ukraine.

South Korea's Kbank again cancels IPO plans, citing lackluster demand

Posted to Maritime Reporter on October 18, 2024

Kbank, an online South Korean lender, announced Friday that it had withdrawn its plan to make a public offering. The company cited insufficient demand and thus scuttled what would have been the largest offering of the year in South Korea. Kbank…

The global coral bleaching event has grown to be the largest ever recorded

Posted to Maritime Reporter on October 17, 2024

This week, the National Oceanic and Atmospheric Administration told the media that the mass bleaching of reefs has been occurring around the globe since February 2023. It is the largest amount ever recorded. Satellite data shows that 77% of coral reefs around the world - in the Atlantic…

America's Cup design is followed by the development of hydrogen chase boats

Posted to Maritime Reporter on October 17, 2024

In the middle of the America's Cup armada, a half dozen futuristic-looking craft are quietly zipping above the waves. The sleek foiling machine, designed by New Zealand's America's Cup Team, looks more like a large sports car than a boat. It…

LSEG data shows that China and Saudi Arabia were the top two buyers of Russian fuel in September.

Posted to Maritime Reporter on October 17, 2024

LSEG data and traders' reports on Thursday showed that China and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports rose 2% in August to 4.2 million metric tonnes.

German warship serving UNIFIL has downed a drone off Lebanon, the ministry reports

Posted to Maritime Reporter on October 17, 2024

Unmanned flying objects were brought down by a German warship that was part of UNIFIL's peacekeeping mission in Lebanon, according to a German Defence Ministry spokesperson. The spokesperson reported that the corvette had brought an unidentified…

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

Posted to Maritime Reporter on October 17, 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 October 23. Jordan's failure to purchase 120…

Teenager who scaled the world's 14 highest peaks says Nepal's Sherpas deserve better

Posted to Maritime Reporter on October 17, 2024

The youngest person to ever scale the 14 tallest mountains in the world, a Nepali teenager wants to use his talents to help the Sherpa people of Himalayan country and produce world-class athletes. Sherpas are an ethnic group that lives mainly around Mount Everest.

KFA, South Korea's KFA, bought 65,000 metric tonnes corn in a private deal

Posted to Maritime Reporter on October 17, 2024

According to European traders, the Korea Feed Association in South Korea bought about 65,000 metric tonnes of animal feed corn in a private transaction on Wednesday. The corn was expected to come from either South America or the United States.

China claims that a Japanese fishing vessel 'illegally entered territorial waters'

Posted to Maritime Reporter on October 16, 2024

China's coastguard said that a Japanese fishing boat "illegally" entered China's territorial water around Diaoyu Islands between Oct. 15-16, and was advised to leave. In a recent statement, a Coast Guard spokesperson stated that "we urge the…

Qatar reduces the Dec al-Shaheen term oil price, sources claim

Posted to Maritime Reporter on October 16, 2024

QatarEnergy lowered the term price of al-Shaheen loading crude oil in December, according to trade sources on Wednesday. The company was following spot market prices this month. They said that the December term price had been set at $1.93 per barrel, according to Dubai quotes.

Indian Government to sell Cochin Shipyard up to 5% of its stake

Posted to Maritime Reporter on October 15, 2024

An exchange filing on Tuesday revealed that the Indian government would sell a stake in Cochin Shipyard of approximately 5%. The filing revealed that the floor price of the sale was 1,540 rupees. This represents an 8% discount from the Tuesday closing price.

Russians rescued after 67-days adrift on the Pacific fringe

Posted to Maritime Reporter on October 15, 2024

The Russian authorities announced on Tuesday that they had rescued the man, whose boat drifted in the waters of the northwest Pacific for 67 consecutive days. However, his brother and nephew perished during the ordeal. Images on social media…

France to break through wheat export slump with rare Thailand shipment

Posted to Maritime Reporter on October 14, 2024

According to sources in the shipping and trading industries, a large shipment of French wheat will be loaded for Thailand later this month. This is a rare shipment that will help boost French exports to Southeast Asia. Sources said that a ship…

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