Marine Link
Wednesday, August 14, 2024

Maritime Blogs

Tanger Med port in Morocco expects to surpass nominal container capacity

Posted to Maritime Reporter on June 10, 2024

The port's deputy director, who spoke to Reuters, said that the port expects its nominal capacity of nine millions containers to be exceeded this year. Security problems in the Red Sea have had little effect on traffic growth. The port handled 8.61 million 20-foot equivalent unit (TEU) last year…

US military confirms Houthi attacks on two ships in Gulf of Aden

Posted to Maritime Reporter on June 10, 2024

U.S. Central Command said that Yemen's Houthi militia group has been launching missiles against international ocean shipping for the past 24 hours, and two commercial ships have been damaged in those attacks. CENTCOM reported that the Iran-backed…

Ambrey: cargo ship struck by missile south of Yemen's Aden

Posted to Maritime Reporter on June 10, 2024

Ambrey, a British security company, said that on Sunday a general cargo ship flying the flag of Antigua and Barbuda was hit by a missile at 83 nautical mile southeast of Yemen’s Aden. The fire started before it could be contained. Earlier, United…

Rescue charity recovers eleven bodies from the sea off Libya

Posted to Maritime Reporter on June 7, 2024

Doctors Without Borders said that a charity rescue vessel recovered the bodies 11 migrants near the coast of Libya after having saved more than 160 people. MSF reported that its Geo Barents rescue and search vessel had picked up 146 migrants over two operations.

Yemen's Houthis claim to have targeted two vessels on the Red Sea

Posted to Maritime Reporter on June 7, 2024

Yemen's Houthis claimed on Friday that they had targeted two vessels with missiles and drones in the Red Sea, but no independent confirmation was available. Yahya Saree, the military spokesman for the Iran-aligned organization, said that the…

Ukraine grain exports have reached 47.7 million tonnes in 2023/24

Posted to Maritime Reporter on June 7, 2024

The data from the Agriculture Ministry showed that by the 7th of June 2023, Ukraine's grain sales in the July-June 2023/24 marketing season were up to 47.7 millions metric tons. This was up from 46 million tons at the same time in 2023. Data showed that the total has reached 802…

South Korea's MFG purchased about 68,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on June 7, 2024

Major Feedmill Group, a South Korean company, purchased approximately 68,000 metric tonnes of animal feed corn on Thursday. European traders confirmed this on Friday. The expected origin was South America. Traders said that the amount of product supplied could vary depending on where it is sourced.

Handelsblatt reports that Fincantieri pitched the idea of a TKMS partnership to Berlin recently.

Posted to Maritime Reporter on June 7, 2024

Handelsblatt reported that Pierroberto Folgiero, the Chief Executive of Fincantieri, recently proposed a tie-up between Thyssenkrupp’s Defense Division, which is up for sale. Fincantieri was considered a possible partner by Thyssenkrupp for many years…

Ukraine grain exports are 47.4 million tonnes, says ministry

Posted to Maritime Reporter on June 7, 2024

The Agriculture Ministry reported on Wednesday that Ukraine's grain imports for the July-June 2023/24 marketing season reached 47.4 millions metric tons as of June 5, up from the 45.6 million tons exported at the same date in 2020. The data shows that this season's exports include 483…

Baltic Index logs weekly gains on larger vessel rates

Posted to Maritime Reporter on June 7, 2024

The Baltic Exchange's main index of sea freight rates, which tracks the rates for ships transporting dry bulk goods, has risen for the second consecutive week, as rates for larger vessel segments have increased. * The overall index which includes rates for capesizes…

Asia spot prices at 6-month high due to hot weather

Posted to Maritime Reporter on June 7, 2024

The Asian spot LNG prices were stable this week. They held near their six-month high due to the higher demand for gas as a power source in India and East Asia, and because of the expected temperatures above normal in China by mid-June. Industry…

China's crude oil imports in May fell 8.7% due to weak refining margins

Posted to Maritime Reporter on June 7, 2024

China's crude imports in May fell by 8.7% from the same month a year ago, according to official data released on Friday. Refiners reduced purchases due to heavy plant renovations, low profit margins and weak demand for refined products. Data…

Russia begins wheat exports to Brazil from Baltic Terminal

Posted to Maritime Reporter on June 7, 2024

The quality inspection division of Russia's agricultural watchdog announced on Friday that wheat has begun to be shipped from Vysotsky Port, located on the Baltic Sea. The grain quality assessment center said that for the first ever, grain was shipped from Russian Baltic Sea port to Brazil.

BNP Paribas AM and other investors demand improved data on the world's oceans

Posted to Maritime Reporter on June 7, 2024

A group of financial service firms stated on Friday that more detailed information is needed about the oceans around the world, including deep sea fishing and supply chain sourcing, to help companies make investment decisions that will help protect biodiversity.

Rhine river in south Germany opens to shipping after water levels drop

Posted to Maritime Reporter on June 7, 2024

Navigation authorities reported that the Rhine river in southern Germany was reopened for cargo shipping Friday, after being closed due to high water levels since the weekend. The German inland navigation agency announced that Rhine river shipping around Maxau…

Security firm reports explosion near vessel in Red Sea, off Yemen

Posted to Maritime Reporter on June 6, 2024

Ambrey, a British security company, said that a merchant ship reported an explosion near it on Thursday in the Red Sea about 19 nautical mile west of Yemeni port city Mokha. Separately, United Kingdom Maritime Trade Operations said Thursday…

The import volume of Urals in Turkey reached a record high in May

Posted to Maritime Reporter on June 6, 2024

The differentials between Urals crude and other grades of Russian crude were stable on Friday, while Turkey's imports hit a new record in May. This was according to Reuters calculations and LSEG data. LSEG data showed that Turkey's seaborne Urals crude imports reached a record of 397…

Golden Pass LNG building and construction turmoil to delay Texas plant's start-up, analysts state

Posted to Maritime Reporter on June 6, 2024

LNG, the QatarEnergy and Exxon Mobil $11. billion joint venture liquefied natural gas job in Texas,. has been delayed by a minimum of 6 months due to construction. turmoil, analysts said on Thursday. The task at the Sabine Pass site of a previous gas-import.

Russia's Rosatom signs agreement with Chinese shipping business on Arctic route

Posted to Maritime Reporter on June 6, 2024

agency Rosatom has actually signed a memorandum of comprehending with a. Chinese shipping company to establish a yearround container. line in between the 2 nations through the Arctic's Northern Sea. Path (NSR), it said on Thursday. Russian President…

CMA CGM might expand French media business abroad, CEO states

Posted to Maritime Reporter on June 6, 2024

Thursday. French media landscape in the previous two years. news channel BFM TV. I am open to worldwide growth. I would like (...),. when the combination of Altice Media has been finished, for us. to also check out financial investments abroad, Saade said.

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week