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Sunday, December 22, 2024

Maritime Blogs Europe

Many people feared being missing after boat capsizes near Greek island

Posted to Maritime Reporter on December 14, 2024

The Greek coastguard reported on Saturday that Greek authorities had recovered a body and rescued 39 migrants after their boat capsized in the Mediterranean off the southern island Gavdos. Witnesses report that many are still missing. The coastguard…

Government commission: New offshore wind power in Sweden is not feasible without government support

Posted to Maritime Reporter on December 13, 2024

A government commission charged with reviewing and speeding the process for authorising new wind farms said Friday that developing offshore wind projects near Sweden's coastlines was not commercially feasible at this time. The head of the commission…

EU wheat drops from 2-week high, spot rapeseed increases on river disruption

Posted to Maritime Reporter on December 12, 2024

Euronext wheat eased Thursday, after reaching a two-week high, due to the weakness of Chicago grains, and persistent export competition, despite concerns over Russian supply. The price of March wheat at Euronext was 0.8% lower, coming in at 229.00 Euros ($240.52).

As many as nine migrants drowned, and six others are missing after a boat carrying migrants sinks near Tunisia

Posted to Maritime Reporter on December 12, 2024

A judicial official reported on Thursday that the Tunisian Coastguard had recovered nine bodies, while six other migrants are still missing, after their boat sank just off the Tunisian coastline. This is the latest boating disaster for migrants in the Mediterranean.

EU sanctions new drones, shadow fleets and Russians

Posted to Maritime Reporter on December 11, 2024

Diplomats reported that the European Union ambassadors had agreed on a 15th set of sanctions against Russia for its war in Ukraine. The package targets its shadow tanker fleet as well as Chinese companies making drones to be used by Moscow.

More than 20 people are arrested in a cocaine-smuggling investigation between Brazil and Italy

Posted to Maritime Reporter on December 10, 2024

Brazilian and Italian authorities announced that they had launched two joint operations Tuesday to dismantle a transnational conspiracy to transport cocaine using cargo ships or planes from South America to Europe. In Brazil, 18 arrest warrants…

Three people found guilty in Italy of a deadly Cutro migrant boatwreck

Posted to Maritime Reporter on December 10, 2024

A judicial source reported that an Italian court sentenced on Tuesday three people to prison terms of up to 16-years for their role in a shipwreck involving migrants in which 94 people perished last year. The nighttime shipwreck that occurred near Cutro in southern Calabria on February 26…

Satellite images show Russian Navy ships anchoring off Syrian coast

Posted to Maritime Reporter on December 10, 2024

Satellite images show that Russian naval vessels have left Moscow's Tartous base on Syria's coastline and some have dropped their anchors offshore after the overthrow by rebel forces of Syrian President Bashar Al-Assad. A photo taken by Planet…

PAP estimates that Poland's support for offshore wind is 144 billion euros.

Posted to Maritime Reporter on December 10, 2024

According to a draft resolution of the climate ministry, the cost of supporting Poland’s plans for building 17.9 gigawatts of offshore wind power will be approximately 144.2 billion euro ($152 billion). The Climate Ministry did not immediately respond to a request for comment.

Sources say that the first shipment of Egypt's delayed Russian Wheat Purchase has begun loading.

Posted to Maritime Reporter on December 8, 2024

Three sources who have direct knowledge of this matter said that the first shipment of Egypt's 430,000 metric ton purchase of Russian wheat started loading on Saturday after a delay of nearly three months. The shipment of 63,000 tonnes has been…

Ukraine grain exports are 18.9 million tonnes for the 2024/25 seasons so far

Posted to Maritime Reporter on December 6, 2024

The Agriculture Ministry announced on Friday that Ukraine's grain imports for 2024/25 had reached nearly 18.9 million metric tonnes as of December 6, compared to about 13.7 millions tons in Dec. 2006, according to data. This volume consisted of 9.1 million tonnes of wheat…

Black Sea Wheat exports are threatened by the Russian threat to crop health, and Ukraine's risk of export.

Posted to Maritime Reporter on December 6, 2024

Chicago wheat futures contract lows are not indicative of global concerns about supply, but traders may want to pay more attention to what is happening in the Black Sea area. Winter wheat in Russia, the world's largest exporter of wheat, is in its worst condition ever.

Black Sea Wheat exports are threatened by the Russian threat to crop health, and Ukraine's risk of export.

Posted to Maritime Reporter on December 5, 2024

Chicago wheat futures contract lows are not indicative of global concerns about supply, but traders may want to pay more attention to what is happening in the Black Sea area. Winter wheat in Russia, the world's largest exporter of wheat, is in its worst condition ever.

Macquarie-backed offshore developer Corio begins job cuts

Posted to Maritime Reporter on December 5, 2024

Corio Generation is the UK-based offshore developer backed by Australia’s Macquarie Group. The company plans to reduce a few jobs, according to a spokesperson on Thursday. Many offshore wind companies have reviewed their investments and undertaken…

Denmark disappointed by no bids for offshore wind tender

Posted to Maritime Reporter on December 5, 2024

Authorities in Denmark announced on Thursday that they had received no bids from offshore wind farms for the latest tender. In a written announcement, Energy and Climate Minister Lars Aagard stated that "this is a very disappointed result".

Red Sea rescue operation underway for crew of cargo vessel

Posted to Maritime Reporter on December 5, 2024

Three maritime security sources confirmed on Thursday that a rescue operation was underway for the crew aboard a cargo ship flying the Panamanian flag, which had been abandoned near the port of Hodeidah at the Red Sea. The number of crew members on board and the cause of the accident were not known.

Marcos, Philippines: Presence of Russian submarine is'very worrying'

Posted to Maritime Reporter on December 2, 2024

The presence of a Russian submarine in the Philippines exclusive economic zone in the South China Sea is "very worrying", said Ferdinand Marcos Jr. on Monday. "That is very worrying." Marcos said that any intrusion in the West Philippine Sea or our EEZ is very concerning.

Rosneft's Zvezda shipbuilding facility will be purchased by Russia's VTB

Posted to Maritime Reporter on December 2, 2024

VTB, Russia's second-largest lender, will purchase the Zvezda Shipbuilding Yard from Rosneft. However the deal is in its initial stages. VTB CEO Andrei Kostin said. VTB currently runs the United Shipbuilding Corporation of Russia (USC), Russia’s largest shipbuilder.

Interpress reports that Georgian protesters have blocked the access road to Poti Black Sea Port.

Posted to Maritime Reporter on December 1, 2024

Interpress, a Georgian news agency, reported that protesters against the government in Georgia blocked the access road to the main commercial port of the country at the Black Sea town of Poti on Sunday. Protesters blocked at least one entrance of the port complex on Thursday…

Traders say that the new sanctions and winter weather will increase freight rates for Russian oil.

Posted to Maritime Reporter on November 29, 2024

Three traders on Friday said that the freight rates for Russian oil transport are expected to increase due to the upcoming winter season and new sanctions imposed against Russian fleet. The UK has introduced the most severe sanctions against Russia's shadow fleet of merchant ships.

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