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LNG Canada will begin cooling down its plant next week, the final step to preparing for first LNG

Posted to Maritime Reporter on March 24, 2025

On April 1, an LNG tanker will arrive in Canada to cool down the LNG Canada plant in Kitimat (British Columbia), which is considered to be the final step before production of supercooled gas begins at the plant. The delivery is scheduled for early April.

Russell: Crude oil battle for market share may start in Asia

Posted to Maritime Reporter on March 11, 2025

Saudi Arabia and Russia, the top crude oil exporters in Asia, are boosting their cargoes for the region that is world's largest importer. China, which is the largest oil importer in the world, has emerged as the ground zero of the two exporters…

Ferretti, the Italian yacht manufacturer, is looking to acquire a new boat this year

Posted to Maritime Reporter on March 10, 2025

Ferretti, the Italian yacht manufacturer, plans to acquire a company or asset this year. The Chief Executive did not specify whether it would be a brand name, a yard, or something else. Alberto Galassi, CEO of the company, told journalists that there were three files.

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.

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…

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.

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.

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.

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…

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…

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.

Trump names an envoy for Panama after US urges reassertion of control over canal

Posted to Maritime Reporter on December 26, 2024

U.S. President elect Donald Trump appointed Miami-Dade County commissioner Kevin Marino Cabrera as ambassador to Panama, after threatening to reassert U.S. control over the Panama Canal that it handed over to Panama 25 years ago. Cabrera was…

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,.

Sources say that the US is planning to impose more sanctions against tankers transporting Russian oil.

Posted to Maritime Reporter on January 6, 2025

Two sources familiar with the situation said that on Sunday, the Biden administration intends to increase sanctions against Russia for its war in Ukraine. They will target its oil revenues by targeting tankers transporting Russian crude. The…

US prepares more sanctions on tankers carrying Russian oil, sources state

Posted to Maritime Reporter on January 6, 2025

understanding of the matter said on Sunday. workplace on Jan. complaints about the expense of U.S. support for Ukraine. will be. barrel cost cap, the sources stated. so-called shadow fleet of aging ships to evade the cap. professionals say. Since Russia's February 2022 invasion of Ukraine, the U.S.

Venezuela's oil exports in 2024 will rise 10.5% amid political turmoil

Posted to Maritime Reporter on January 3, 2025

Venezuelan oil exports increased 10.5% in the last year, despite the political instability of the country and the changes made to the U.S. sanction regime. This was due to partners of the state oil company PDVSA taking more cargoes with licenses issued by Washington.

Rio Tinto reports missing crew member from ship on route to Australia

Posted to Maritime Reporter on January 1, 2025

Rio Tinto, a miner in Australia, said that a deckfitter aboard its bulk carrier traveling from China to Western Australia had been reported missing the previous week. The Philippine Coast Guard is leading a search-and-rescue operation. Rio Tinto…

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