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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.
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February 19, 2025
The Civil Guard announced on Wednesday that seven members of the crew of an overcrowded migrant boat from Senegal arrived in the Canary Islands last December. They were arrested for the alleged murder of eight passengers including a toddler.
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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…
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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.
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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.
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February 18, 2025
Saronic Technologies announced on Tuesday that it had closed a $600m Series C financing round led by Elad Gil. This funding round valued the autonomous shipbuilding firm at $4 billion. The company announced that it would use the funds to build Port Alpha…
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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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February 18, 2025
The Philippine Coast Guard accused the Chinese Navy of dangerous flight maneuvers Tuesday after it flew near a government plane patrolling a disputed Shoal in the South China Sea. The Philippine Coast Guard said that the government fisheries…
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February 18, 2025
Last month, the sound of hammering and welding came from the Skaramangas Shipyard in Athens as workers repaired the bow on a large oil tanker while other vessels were waiting to be fixed nearby in a drying dock. The shipyard is now a hive of activity after a dramatic turnaround.
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February 17, 2025
Transpetro is a unit of Brazil’s state-run Petrobras. It has launched an international bid to contract eight tankers, and will launch another 13 by the end next year. The tenders form part of ongoing plans for Transpetro to renew its fleet and boost the country's shipping sector.
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February 17, 2025
Transpetro is a unit of Brazil’s state-run Petrobras. It has announced a tender to contract eight gas tankers, as part of its ongoing plans to replace the vessel fleet. Transpetro said that this move would triple its capacity to transport LPG and enable it to move Ammonia.
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February 16, 2025
China's military condemned Monday the sailing of a Canadian Warship in the Taiwan Strait. It said its air and navy forces had monitored the ship and warned it, a mission which came only a few days following a similar mission by U.S. Navy vessels. Around once a week, the U.S.
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February 13, 2025
In a dramatic video, a humpback whale briefly sucked a kayaker into its mouth before spitting it out. Last weekend, the kayaker Adrian Simancas was with his father in the waters off Punta Arenas when the whale surfaced, scooping him up into its mouth.
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February 13, 2025
A senior official patrolling the busy Gulf of Finland ship lane on Thursday said that Estonia's Navy is ready to take action against vessels that are a threat to Baltic Sea infrastructure, even if they were in international waters. After a series power…
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February 13, 2025
Euronext Wheat Futures declined for a third consecutive day on Thursday, as the strength of the euro and the results of an Algerian tender highlighted a weak outlook for exports in Western Europe. The price of a metric tonne of March wheat traded on Paris' Euronext closed 0.4% lower at 231…
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February 13, 2025
European traders reported on Thursday that Algeria's state grain agency OAIC purchased between 360,000 and 400,000 metric tonnes of milling wheat at an international auction which ended on Wednesday. The purchase was less than the estimated amount of 550…
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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.
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February 13, 2025
Thyssenkrupp, the industrial conglomerate, raised its forecast for free cash flow on Thursday. It cited 1 billion euros in advance payments related to a large submarine order from the German military. The company expects to have a free clash flow between 0 and $300 million euros by 2025.
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February 12, 2025
In a press conference broadcast on television in Moscow, Sudanese foreign minister Ali Yusef Sharif announced that an agreement had been reached to create a Russian Naval Base in Sudan. There are no obstacles, we are in total agreement. Sharif…
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February 12, 2025
European traders claim that the Feed Leaders Committee of South Korea (FLC) did not purchase any animal feed wheat in an international auction for up to 65,000 tons on Wednesday. FLC received an initial offer of $267.35 per ton, cost and freight included (c&f).
