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

Posted to Maritime Reporter on February 27, 2025

Jordan's state grain purchaser has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline for submitting price offers to the tender is March 11, 2019. Traders had expected a new announcement after Jordan failed to purchase 120…

Saipem claims Subsea 7, Inc. merger is driven by fleet expansion

Posted to Maritime Reporter on February 26, 2025

The CEO of Italy's Saipem group stated on Wednesday that the rationale behind a merger of Italy's Saipem with Norway's Subsea 7 was to combine fleets to better serve customers and reduce costs. On Sunday, the two companies announced their intention…

Copenhagen Infrastructure Partners buys Morecambe Wind Project

Posted to Maritime Reporter on February 26, 2025

The fund manager announced on Wednesday that Copenhagen Infrastructure Partners had agreed to purchase an offshore wind project from COBRA Group and Flotation Energy in Britain. Morecambe is a 480 megawatt offshore wind project located in the Eastern Irish Sea, off the coast of Lancashire.

South Korea's KFA purchased 65,000 T of corn from the United States, traders claim

Posted to Maritime Reporter on February 26, 2025

According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed grain expected to come from the United States on Tuesday in a private transaction without holding an international tender.

Japan's ANA orders 77 jets from Boeing, Airbus and Embraer

Posted to Maritime Reporter on February 25, 2025

ANA Holdings, a Japanese airline, said it would place a record-breaking order of up to 77 planes to replace its fleet and capitalize on the growing travel demand. ANA reported that the order, which was its biggest ever in terms aircraft numbers…

South Korean Minister heads to Washington for exemption from Trump tariffs

Posted to Maritime Reporter on February 25, 2025

His ministry announced that South Korea's Minister of Industry Ahn Duk Geun would travel to Washington D.C. between Wednesday and Friday to push for a further exemption from U.S. Steel Tariffs and to discuss ways to increase cooperation in energy and shipsbuilding.

Bangladesh launches new tender for rice purchase of 50,000 tonnes, traders claim

Posted to Maritime Reporter on February 25, 2025

The state grain buyer of Bangladesh has announced a new international bid to buy 50,000 metric tonnes of rice. The deadline to submit price offers is March 11, 2019. After a heavily damaged domestic crop last year, Bangladesh continues to purchase large quantities of rice on international markets.

South Korea's NOFI purchased about 60,000 T of soymeal.

Posted to Maritime Reporter on February 25, 2025

The leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), purchased around 60,000 tons of soymeal in a private transaction on Friday. This deal was made without announcing an international tender. The estimated price was $364.66 per ton, cost and freight included.

US Coast Guard Ship in Tasman sea did not interact with Chinese Navy, Commander says

Posted to Maritime Reporter on February 25, 2025

The commanding officer of a U.S. Coast Guard ship crossing the Tasman Sea in support of maritime security with Australia and New Zealand said that the cutter was aware Chinese naval vessels were in the region but did not interact with them.

Meloni, an Italian company, has secured a pledge of investment worth 40 billion dollars from the UAE.

Posted to Maritime Reporter on February 24, 2025

At a Rome bilateral summit, the United Arab Emirates announced that it plans to invest 40 billion dollars in Italy. The two countries did not give a timeframe. Since taking office as Italian Prime Minister in 2022 Giorgia Mello has sought to strengthen ties with Gulf nations…

Petrobras may cancel FPSO bid after high bidder, sources claim

Posted to Maritime Reporter on February 21, 2025

Two sources familiar with the matter have confirmed that Brazil's state oil company Petrobras may cancel a tender for a production, storage and offloading vessel from India's Shapoorji pallonji Energy. Sources claim that the state-run company…

Data shows that Russia's idle refining capacity was 82% higher in February.

Posted to Maritime Reporter on February 20, 2025

According to calculations based upon data from industry sources, the offline primary oil refinery capacity of Russia in February has been revised up by 82% compared to what was originally planned for this month. In February, idle primary oil…

After the storm, oil loadings have resumed from Russia's Black Sea Port of Novorossiisk.

Posted to Maritime Reporter on February 20, 2025

Two sources with knowledge of the situation said on Thursday that oil loadings at Russia's Black Sea Port of Novorossiisk resumed on Tuesday night, after being idle for two consecutive days due to storms. The storm caused the suspension of oil loadings at the Russian Black Sea port Novorossiisk…

Key Takeaways From Trump-Putin Talks: Ukraine, Energy, NATO, Sanctions

Posted to Maritime Reporter on February 20, 2025

The first meeting between Russia and the United States since the beginning of the Ukraine conflict was held to restore relations and prepare the ground for a peaceful resolution. What has been discussed so far? UKRAINE WAR Donald Trump, the U.S. president, says that he wants a quick end to the war.

North Korea criticizes US over AUKUS nuclear submarine deal

Posted to Maritime Reporter on February 19, 2025

North Korean state-run media on Thursday criticised the United States over a nuclear submarine agreement with Australia signed under the AUKUS Partnership in 2021. A KCNA commentary said that Washington should be cautious about the consequences of what they called nuclear alliances.

Australia claims Chinese navy ships near Sydney do not pose a threat

Posted to Maritime Reporter on February 19, 2025

Richard Marles, Australia's Defence Minister, said that the country is closely monitoring the Chinese navy task force in its exclusive economic zone (EEZ) off the east coast. The ships do not pose a threat as they have not broken any maritime laws.

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

Posted to Maritime Reporter on February 19, 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 offers for the tender is February 25. Traders had expected a new announcement after Jordan failed to purchase 120…

Goldman Sachs does not believe that the ceasefire in Ukraine will boost Russian output

Posted to Maritime Reporter on February 19, 2025

Goldman Sachs stated on Wednesday that a potential ceasefire in Ukraine and the resulting easing of sanctions against Russia is unlikely to increase Russia's crude oil flow. The administration of U.S. president Donald Trump said Tuesday that it had agreed to have more talks with Russia. In Ukraine.

Bangladesh prepares for a recycling boom

Posted to Maritime Reporter on February 18, 2025

Shipbreaking is a global problem that requires urgent attention. On 15 km of coastline, Sitakunda is home to 30 ship-breaking yards. These yards recycle 38% of all dead ships in the world and provide steel scraps to Bangladesh's flourishing manufacturing industry.

QIA subsidiary, Omani government investment firm to invest in Asyad Shipping IPO

Posted to Maritime Reporter on February 18, 2025

Asyad Shipping, a shipping company in Oman, announced on Tuesday that it will have as anchor investors a subsidiary owned by Qatar Investment Authority (QIA) and a local investment group owned by the Omani Government. Asyad Shipping - which transports liquefied gas (LNG)…

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