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Monday, April 14, 2025

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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…

Algeria offers to purchase 240,000 T of corn, barley and soybean meal

Posted to Maritime Reporter on January 16, 2025

On Thursday, European traders reported that the Algerian state agency ONAB had issued international tenders for up to 240,00 metric tons animal-feed corn and 35,000 tons feed barley. The deadline to submit price proposals in tenders is this Friday, January 17.

An NGO claims that dozens of migrants could have drowned on their way to Spain via boat.

Posted to Maritime Reporter on January 16, 2025

Walking Borders, a group that advocates for migrants' rights, said Thursday that as many as fifty migrants who attempted to reach Spain via boat from West Africa drowned. Moroccan authorities rescued 36 people on Wednesday from a boat which had left Mauritania in January…

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

Posted to Maritime Reporter on January 15, 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 January 21. The traders had expected a new announcement after Jordan's previous tender of 120…

Italy, Albania and UAE sign agreement for energy subsea connection

Posted to Maritime Reporter on January 15, 2025

Italy, Albania and United Arab Emirates have signed a deal on Wednesday worth at least one billion euros ($1billion) for the construction of a subsea energy interconnection across the Adriatic Sea. "We believe strongly in this project, which…

Iran's Navy unveils first signal intelligence ship

Posted to Maritime Reporter on January 15, 2025

The semi-official Tasnim newspaper reported that the Iranian navy received its first signals spy ship on Wednesday. This comes just a few weeks after the army of Iran took delivery 1,000 new drones. Tasnim stated that the Zagros is an entirely new type of military vessel…

Chinese tourist killed by jet ski accident in Thailand

Posted to Maritime Reporter on January 14, 2025

China's state broadcaster CCTV, citing the Chinese embassy in Thailand, reported that a Chinese tourist died and another was injured when their jet skis collided on Phuket Island, Thailand, Tuesday. CCTV reported that the cause of the incident is being investigated.

Jordan purchases approximately 60,000 metric tonnes of wheat at tender, traders claim

Posted to Maritime Reporter on January 14, 2025

In an international auction held on Tuesday, Jordan's state grain buyer bought about 60,000 metric tonnes of hard milling whey from optional origins. They said that it was estimated to have been purchased from CHS trading house at a cost of $267.60 per ton…

Jordan has 9 bidders in the 120,000 T wheat auction, traders claim

Posted to Maritime Reporter on January 14, 2025

Initial assessments indicate that nine trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer for 120,000 metric tonnes of wheat. Participants are believed to include Viterra, Al Dahra Ameropa Cargill CHS Buildcom Cerealcom Dolj Olam and Aston.

Bretana crude, a niche oil from Peru, is gaining popularity in the US

Posted to Maritime Reporter on January 14, 2025

Bretana crude, a niche oil from Peru, is becoming increasingly popular in the United States. The first cargo was discharged in the U.S. Gulf Coast last month. U.S. refiners are looking for alternatives to Mexican heavy crude. Bretana is a heavy…

Official: China's deployment'monster ships' alarming

Posted to Maritime Reporter on January 13, 2025

The Philippines criticized China for deploying its largest coastguard vessel within Manila's Exclusive Economic Zone (EEZ). They said it was alarming, and that the deployment was clearly intended to intimidate fisherman operating near a disputed shoal in South China Sea.

Sources say that a US investigation has found China to be unfairly dominant in shipbuilding. This opens the door for sanctions.

Posted to Maritime Reporter on January 13, 2025

Three sources familiar with the findings of a month-long trade investigation have confirmed that the U.S. administration under President Joe Biden has concluded that China is using unfair policies and practices in order to dominate the global shipping, logistics, and shipbuilding industries. U.S.

SailGP crews in New Zealand will be tested by faster foils as they chase a victory

Posted to Maritime Reporter on January 13, 2025

SailGP crews are tackling the new "T-foils", which have a higher speed, for the first in Auckland this weekend. This follows a successful outing of training on Monday. The L-shaped foils that have been in use since the league's start in 2019…

Dalin is on the verge of a record Vendee Globe win

Posted to Maritime Reporter on January 13, 2025

Charlie Dalin cruised to a record win in the Vendee Globe Challenge on Monday. A finish is expected early Tuesday morning at Les Sables d'Olonne. The Macif Sante prevoyance skipper was only 295 km away from the finish line at 1000GMT Monday.

Sources say that a US investigation has found China to be unfairly dominant in shipbuilding. This opens the door for sanctions.

Posted to Maritime Reporter on January 13, 2025

Three sources familiar with the findings of a month-long trade investigation have confirmed that the U.S. administration under President Joe Biden has concluded that China is using unfair policies and practices in order to dominate the global shipping, logistics, and shipbuilding industries. U.S.

China's crude imports will fall by 2024 for the first time outside COVID

Posted to Maritime Reporter on January 13, 2025

Data released on Monday showed that China's crude imports dropped 1.9% in 2024. This was the first decline in over two decades, outside of pandemics. The data also revealed that fuel demand peaked and a tepid economy growth dampened purchases.

Herrmann suffers a setback in the Vendee Globe Race as it nears its conclusion

Posted to Maritime Reporter on January 10, 2025

Boris Herrmann, Germany's Vendee globe sailor who is currently seventh in the race, was struggling with a headsail issue on Friday as the solo race neared its end. On Friday morning, the skipper of Malizia Seaexplorer found that a hook was broken and rendered the sail useless.

Germany secures oil-tanker that was adrift in the Baltic Sea

Posted to Maritime Reporter on January 10, 2025

Emergency services reported on Friday that a tugboat had stopped a Panama flagged tanker, carrying 99,000 metric tonnes of oil, from drifting uncontrollably off the coast of Germany's Baltic Sea near Ruegen. It said that the 274-metre tanker…

South Korea's MFG purchases estimated 134,000 T corn in tender

Posted to Maritime Reporter on January 10, 2025

stated. South America or South Africa just. South Korea. The seller was stated to be trading house ADM. port unloading for May 20 arrival in South Korea. stated to be trading house Olam. estimates of prices and volumes are possible later on. March 22 and April 10 if sourced from the U.S.

Importers: German coal plants essential for electricity supply

Posted to Maritime Reporter on January 9, 2025

In a statement released on Thursday by the coal importers' lobby VDKi, they said that Germany's hard coal-powered power plants remain an important backup to ensure supply in times of low wind and solar energy. They also called for better compensation.

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