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Wednesday, December 18, 2024

Maritime Blogs

Marcos, Philippines: Presence of Russian submarine is'very worrying'

Posted to Maritime Reporter on December 2, 2024

The presence of a Russian submarine in the Philippines exclusive economic zone in the South China Sea is "very worrying", said Ferdinand Marcos Jr. on Monday. "That is very worrying." Marcos said that any intrusion in the West Philippine Sea or our EEZ is very concerning.

China takes action against illegal Philippine vessels in disputed waterways

Posted to Maritime Reporter on December 2, 2024

China's coastguard said Monday it had taken the "necessary measures" to control an "illegal gathering of Philippine vessels" in disputed waters near the Iroquois Reef in the South China Sea. In a recent statement, Liu Dejun said that a number of Philippine vessels had "illegally"…

Threatened by environment change, Panama Canal has big strategies to handle dry spell

Posted to Maritime Reporter on December 2, 2024

in the face of an altering climate. Tres Hermanas, with its farms, two schools, churches and a. medical center, is among lots of towns that would disappear. in the next six years if the state-owned Panama Canal's. ambitious $1.6 billion job goes ahead. Locals are.

Rosneft's Zvezda shipbuilding facility will be purchased by Russia's VTB

Posted to Maritime Reporter on December 2, 2024

VTB, Russia's second-largest lender, will purchase the Zvezda Shipbuilding Yard from Rosneft. However the deal is in its initial stages. VTB CEO Andrei Kostin said. VTB currently runs the United Shipbuilding Corporation of Russia (USC), Russia’s largest shipbuilder.

Interpress reports that Georgian protesters have blocked the access road to Poti Black Sea Port.

Posted to Maritime Reporter on December 1, 2024

Interpress, a Georgian news agency, reported that protesters against the government in Georgia blocked the access road to the main commercial port of the country at the Black Sea town of Poti on Sunday. Protesters blocked at least one entrance of the port complex on Thursday…

Thailand protests Myanmar Navy firing on Thai fishing boats

Posted to Maritime Reporter on December 1, 2024

Prime Minister Paetongtarn Shinawatra announced on Sunday that Thailand had protested the incident in which Myanmar's navy fired on Thai fishing boats, after a fisherman died, two were hurt, and dozens of people were arrested from one boat.

Thailand reports that the Myanmar navy fired on Thai fishing boats and detained 31 fishermen.

Posted to Maritime Reporter on November 30, 2024

A spokesperson for the Thai Defence Ministry stated that Myanmar's Navy opened fire on a boat group of Thai fishermen on Saturday. One fisherman drowned and 31 crew were detained from one of those boats. In a press release, Thanatip Sawangsang…

Traders say that the new sanctions and winter weather will increase freight rates for Russian oil.

Posted to Maritime Reporter on November 29, 2024

Three traders on Friday said that the freight rates for Russian oil transport are expected to increase due to the upcoming winter season and new sanctions imposed against Russian fleet. The UK has introduced the most severe sanctions against Russia's shadow fleet of merchant ships.

Boat capsizes kill at least 18 people in northern Cameroon flood-hit region

Posted to Maritime Reporter on November 29, 2024

A local official confirmed that at least 18 people were killed when a boat capsized in the Far North region of Cameroon, carrying passengers to a market. The accident happened on Thursday, on the waterways that lead to Darak, a district in the Lake Chad Basin, near the border of Chad.

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.

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