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Tuesday, July 16, 2024

Maritime Blogs

Avangrid sells Kitty Hawk North to Dominion Energy

Posted to Maritime Reporter on July 8, 2024

Avangrid is the U.S. subsidiary of Spain's Iberdrola. The companies announced on Monday that Avangrid has agreed to sell the Kitty Hawk North offshore lease area to utility Dominion Energy, for approximately $160 million. Dominion announced that Kitty Hawk Wind North…

British renewable industry presses the new government to increase auction budget

Posted to Maritime Reporter on July 8, 2024

The UK's renewables sector has asked the Labour Party to increase its renewable auction budget to hundreds of millions to meet the offshore wind targets and the wider goal of decarbonising the grid. Labour won the British election last week.

Club official: Two Moroccan footballers lost at sea

Posted to Maritime Reporter on July 7, 2024

A club official confirmed that two Moroccan soccer players from the top-flight Ittihad Tanger are missing at sea after their small boat was swept away by strong currents on Saturday. Five players of the club were cruising in the deep waters off Tangier…

Seven children drowned among 49 others in Russia on Saturday

Posted to Maritime Reporter on July 7, 2024

The Ministry for Emergency Situations reported on Sunday that 49 people drowned on Saturday in water across Russia as scorching temperatures blanketed large areas of the country. The Russian state news agency RIA reported that 10 drownings occurred on the same date a year earlier.

Philippine Coast Guard: China anchors "monster ship" in South China Sea

Posted to Maritime Reporter on July 6, 2024

The Philippine Coast Guard said that China's biggest coastguard vessel had anchored in Manila’s exclusive economic zones (EEZs) in the South China Sea and was meant to intimidate their smaller Asian neighbor. A PCG spokesperson, Jay Tarriela…

US wheat futures rise on stronger demand

Posted to Maritime Reporter on July 5, 2024

Chicago Board of Trade Wheat Futures spiked Friday due to an increase in demand for U.S. Wheat, thanks to a lower dollar and availability of desirable new crop wheat. Concerns about the U.S. crop being affected by hot, dry weather during its…

US wheat futures rise on stronger demand

Posted to Maritime Reporter on July 5, 2024

Chicago Board of Trade Wheat Futures spiked Friday due to an increase in demand for U.S. Wheat, traders reported. This was due to the weaker dollar as well as the availability of new-crop wheat. Concerns about the U.S. crop being affected by…

The rowing brothers of Croatia are hoping to win a fourth Olympic gold medal in Paris

Posted to Maritime Reporter on July 4, 2024

The Croatian brothers Valent and Martin Sinkovic prepare for the Paris Olympics by rowing on the crystal-clear waters of Peruca Lake. They hope to win their fourth medal. Valent, 35, and Martin 34, won silver in London, 2012, in the quad. They…

Hurricane Beryl will limit shipping at the Port of Brownsville

Posted to Maritime Reporter on July 3, 2024

Port of Brownsville along the U.S./Mexico border announced on Wednesday it would restrict ship traffic because of hurricane Beryl's gale-force winds. Beryl is a Category 4-hurricane heading towards the Gulf. Michael Davis, the Harbor Master of Port Brownsville…

Italian authorities block a migrant rescue vessel funded by Banksy

Posted to Maritime Reporter on July 3, 2024

The charity that runs the ship said Wednesday that a rescue vessel funded by British street-artist Banksy was grounded in port for 20 consecutive days because it refused to obey Italian authorities' orders for migrants to disembark. The Louise…

German government looks at lifeline for struggling luxury shipbuilder

Posted to Maritime Reporter on July 3, 2024

A spokesperson for the German economy ministry said that the government may consider supporting Meyer Werft, which is one of the largest cruise ship builders in the world. The company, which is struggling to cut costs, has planned hundreds of job cuts.

Ukraine and Russian armed groups claim arson attacks on Moscow warships in the Baltic

Posted to Maritime Reporter on July 3, 2024

An official of the Ukrainian military intelligence said on Wednesday that an April fire on a Russian ship in the Baltic Sea was caused by a combined operation by his GUR agency, and a pro Kyiv Russian military unit. GUR, the Russian intelligence agency…

Sakhalin-2 will suspend oil production for planned maintenance at the end of June or early July, according to sources

Posted to Maritime Reporter on July 3, 2024

Two sources familiar with the operations of the company said that Russia's Sakhalin-2 Project has been suspending its oil production since June due to planned maintenance and repairs on its LNG plant. Sources claim that the maintenance of the…

Sources say that the abandoned tanker Lavant is likely to have sunk in Yemen.

Posted to Maritime Reporter on July 3, 2024

Three navy and security sources confirmed that an abandoned tanker drifting near Yemen's coastline in June disappeared and was believed to have sunk. This is the latest vessel lost on the strategically significant Red Sea. This area is on the…

Three missing and three dead after boat capsizes near Portugal

Posted to Maritime Reporter on July 3, 2024

The maritime authority reported that three people were killed and three others missing after a 17-member crew fishing boat capsized on Wednesday off the central coast of Portugal. In a press release, the maritime authority stated that "11 people…

Vitol acquires three LNG bunkering ships

Posted to Maritime Reporter on July 3, 2024

The commodity trader announced in a Wednesday release that Vitol had secured three LNG bunkering ships through its shipping company. The vessels were obtained through a time charter agreement of seven to ten years with Avenir LNG Limited, and…

European shares increase after Powell's dovish remarks; focus on elections

Posted to Maritime Reporter on July 3, 2024

Investors welcomed the dovish remarks of Federal Reserve Chair Jerome Powell, and looked forward to the second round in France and the UK national elections. As of 0845 GMT the pan-European STOXX 600 Index was up 0.6%, marking a second consecutive session of gains.

After drone attacks, Russian authorities in Novorossiysk limit beach access

Posted to Maritime Reporter on July 3, 2024

The mayor of Novorossiysk, a Russian Black Sea port, announced that beach access would be restricted on Wednesday morning. Earlier, he had reported that the defence forces were battling a drone attack at sea. On Telegram, Mayor Andrei Kravchenko…

Financial Times - July 3,

Posted to Maritime Reporter on July 3, 2024

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. Hipgnosis Song Management announced that its founder Merck Mercuriadis will step down from…

Taiwan says China seizes fishing boat near Chinese coast

Posted to Maritime Reporter on July 2, 2024

The Taiwan Coast Guard said that Chinese officials boarded a Taiwanese boat and then took it into a Chinese port. This was a further increase in tensions. China considers democratically governed Taiwan its territory. Since President Lai Ching…