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New Zealand Navy ship sinks due to human error: inquiry

Posted to Maritime Reporter on November 28, 2024

An inquiry launched by the government on Friday found that a Royal New Zealand Navy ship ran aground last month and sank near Samoa's coast as a result human error. HMNZS Manawanui - the navy's specialist diving and hydrographic ship - grounded…

Olympics-Grainger appointed first female head of British Olympic Association

Posted to Maritime Reporter on November 28, 2024

Katherine Grainger, a former Olympic rower and chair of UK Sport and currently the chair of the British Olympic Association(BOA), was elected as chair of the British Olympic Association on Thursday. She will be the first woman in the position.

Sources: Egypt's Mostakbal Misr does not purchase wheat or vegoil

Posted to Maritime Reporter on November 28, 2024

Sources claim that Egypt's Mostakbal Misr Agency for Sustainable Development has not made any purchases of wheat or vegetable oil on Thursday. The agency was asked to provide more information on the terms of payment and purchasing by companies.

South Korea offers to purchase about 70,000 t of GMO-free soya beans

Posted to Maritime Reporter on November 28, 2024

Agro-Fisheries and Food Trade Corporation, a state-backed company in South Korea, has announced international tenders for the purchase of 70,000 metric tonnes of soybeans of high quality that are free from genetically modified organisms (GMOs), European trader said on Thursday.

Sources say that India banks are examining Adani Group exposure following US charges

Posted to Maritime Reporter on November 28, 2024

Eight bankers claim that Indian lenders including State Bank of India are reviewing their exposure with Adani Group, and whether they should tighten up their due diligence before offering new loans, following the U.S. accusation of Gautam Adani, chairman of Adani Group.

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

Posted to Maritime Reporter on November 28, 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 bids in the tender is December 4. Jordan's failure to purchase 120…

Simon breakss 600-mile mark at Vendee Globe

Posted to Maritime Reporter on November 27, 2024

Sebastien S. Simon, a Frenchman from the Vendee Globe, broke the solo monohull 24 hour distance record on Wednesday. He sailed 602,56 nautical miles and beat his compatriot Yoann RICHOMME's previous mark by 22.7%. In recent times, the fleet has been propelled by an ever-moving depression.

Jordanian traders report that 6 people participated in the 120,000 T barley auction.

Posted to Maritime Reporter on November 27, 2024

Traders said that six trading companies have so far participated in the international bid of Jordan's state grain buyer for up to 120,000 tons animal feed barley to be purchased on Wednesday. Viterra, Bunge Al Dahra Ameropa Olam and Dreyfus…

On a visit to Sweden, the Polish PM will urge "navy police" in Baltic Sea

Posted to Maritime Reporter on November 27, 2024

On Wednesday, the Polish Prime Minister Donald Tusk announced that during his two-day visit to Sweden he will urge Baltic and Nordic nations to take joint actions regarding the security of Baltic Sea water. NATO is taking action in response…

Jordanian traders report that the country has issued a tender for up to 120,000 tons of wheat.

Posted to Maritime Reporter on November 27, 2024

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 bids in the tender is December 3. The traders had expected a new announcement after Jordan's previous tender of 120…

Grain prices fall on better outlook for supply; corn and soy are higher

Posted to Maritime Reporter on November 27, 2024

Chicago wheat futures fell on Wednesday as they gave up gains made in the previous session. This was due to the abundance of supplies coming from newly harvested crops from the Southern Hemisphere. Prices of soybeans rose, but the increase was limited by expectations for large production in Brazil.

TotalEnergies suspends US offshore wind projects after Trump's victory, CEO says

Posted to Maritime Reporter on November 26, 2024

LONDON, November 26 - TotalEnergies halted the development of a new wind farm near the coast of New York following Donald Trump's U.S. presidential election win, said the CEO of the French company on Tuesday. In October 2023, the French energy…

EU to add Chinese tankers and firms to Russia sanctions list

Posted to Maritime Reporter on November 26, 2024

EU diplomats have said that European Union envoys are set to discuss on Wednesday a 15th sanctions package in response to Russia’s invasion of Ukraine in 2022, including those affecting tankers transporting Russian oil, and Chinese companies involved in the manufacture of drones for Moscow.

Rains flood Mississippi River; US soy exports at 4-year-high

Posted to Maritime Reporter on November 26, 2024

Government data shows that exporters shipped soybeans at their fastest rate in four years from the busiest U.S. grain port after rain increased water levels in Mississippi River. The Mississippi River is the most important grain waterway in the United States.

Three bodies found from capsized tourist vessel off Egypt's Red Sea Coast, 13 missing

Posted to Maritime Reporter on November 26, 2024

Amr Hanafi of the Red Sea province said that rescuers were still looking for 13 people who were missing after a tourist vessel capsized near Egypt's Red Sea coastline on Tuesday. The Sea Story capsized near Sataya Reef on Monday, with 31 tourists and thirteen crew members on board.

South Korea's NOFI buys estimated 133,000 T corn, traders say

Posted to Maritime Reporter on November 26, 2024

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 133,000 metric tonnes of animal feed corn at an international auction on Tuesday. Two consignments of corn were purchased.

South Korea's FLC purchases 65,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on November 26, 2024

The Feed Leaders Committee of South Korea (FLC) bought around 65,000 tons of animal feed in a private transaction on Monday, without launching an international tender. European traders confirmed this on Tuesday. The United States and South America were expected to supply the product.

US Navy patrol aircraft flys through Taiwan Strait

Posted to Maritime Reporter on November 26, 2024

In a press release, the U.S. 7th Fleet stated that a U.S. Navy Patrol aircraft crossed the Taiwan Strait Tuesday "in international aviation", demonstrating the United States commitment to a open and free Indo-Pacific. Around once a week, U.S.

Google will build a subsea cable connecting Australia's Darwin and Christmas Island

Posted to Maritime Reporter on November 25, 2024

Christmas Island, Australia's Indian Ocean Territory, will be connected to Darwin in the north by a subsea cable. The project is backed by Alphabet and Australia claims it will increase its digital resilience. Christmas Island, located 1,500 km west of Australia's mainland and with only 1…

Paris wheat prices fall due to the euro's strength, which is export-punishing

Posted to Maritime Reporter on November 25, 2024

The European wheat price fell on Monday due to a rising euro against the dollar, which makes supplies denominated in euros more expensive on global markets. The benchmark December milling grain on the Paris-based Euronext Exchange ended down 2% to 214.50 Euros ($224.69).

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