Marine Link
Tuesday, April 1, 2025

Maritime Blogs

Jordan offers to purchase up to 120,000 tonnes of wheat, traders claim

Posted to Maritime Reporter on February 27, 2025

Jordan's state grain purchaser has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline for submitting price offers to the tender is March 11, 2019. Traders had expected a new announcement after Jordan failed to purchase 120…

Norway's Subsea Seven core profit to increase 53% by 2024

Posted to Maritime Reporter on February 27, 2025

Subsea 7 - a Norwegian energy services group that plans to merge its Italian rival Saipem - announced on Thursday that its core profit increased 53% in the last year, as per its previous guidance. Subsea 7 announced adjusted earnings before taxes…

Wheat losses extend as cold snap does not cause major damage to winter crops

Posted to Maritime Reporter on February 27, 2025

Chicago wheat futures declined on Thursday. Their decline from an eight-month peak last week has now reached around 7%. It became apparent that Northern Hemisphere Winter crops had survived a period with cold weather without major damage. All…

Petrobras' Logistics unit reports 74% increase in net profit

Posted to Maritime Reporter on February 26, 2025

Transpetro is the logistics division of Brazil's Petrobras. It reported on Wednesday a 74% rise in its net profit in 2024. This was despite the fact that the parent company's profit dropped due to non-recurring incidents in the period. Transpetro…

Samba project of Navy transgender women in the spotlight during Rio Carnival

Posted to Maritime Reporter on February 26, 2025

In the last few weeks, a group of Brazilian transgenders women has been learning the samba as they prepare for the Carnival parade in Rio de Janeiro. The women will be leading the last section of a parade in support of Paraiso do Tuiuti samba school…

Saipem claims Subsea 7, Inc. merger is driven by fleet expansion

Posted to Maritime Reporter on February 26, 2025

The CEO of Italy's Saipem group stated on Wednesday that the rationale behind a merger of Italy's Saipem with Norway's Subsea 7 was to combine fleets to better serve customers and reduce costs. On Sunday, the two companies announced their intention…

Marsa Maroc will operate a second terminal at Morocco’s Nador West Med Port

Posted to Maritime Reporter on February 26, 2025

Marsa Maroc, Morocco’s largest port operator, announced on Wednesday that it had been awarded a contract for the operation of a second terminal in Nador West Med Port on the Mediterranean Coast. The terminal is 18 meters deep and extends along 1440 metres of quay.

Copenhagen Infrastructure Partners buys Morecambe Wind Project

Posted to Maritime Reporter on February 26, 2025

The fund manager announced on Wednesday that Copenhagen Infrastructure Partners had agreed to purchase an offshore wind project from COBRA Group and Flotation Energy in Britain. Morecambe is a 480 megawatt offshore wind project located in the Eastern Irish Sea, off the coast of Lancashire.

South Korea's KFA purchased 65,000 T of corn from the United States, traders claim

Posted to Maritime Reporter on February 26, 2025

According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed grain expected to come from the United States on Tuesday in a private transaction without holding an international tender.

Japan's ANA orders 77 jets from Boeing, Airbus and Embraer

Posted to Maritime Reporter on February 25, 2025

ANA Holdings, a Japanese airline, said it would place a record-breaking order of up to 77 planes to replace its fleet and capitalize on the growing travel demand. ANA reported that the order, which was its biggest ever in terms aircraft numbers…

Airbus builds communication network for French Air and Naval Forces

Posted to Maritime Reporter on February 25, 2025

Airbus, a European aerospace and planemaker, announced on Tuesday that it would build the French Air and Naval Force's communications network under a contract worth up to 480 million euro ($502.46million). Airbus Defence and Space and Naval…

Romanian Black Sea Offshore Gas Project gears up for drilling

Posted to Maritime Reporter on February 25, 2025

The sun glares into the navigation room of Transocean Barents semi-submersible drill rig, which is anchored in Romania’s Constanta port. The Mighty Barents, also known as the Mighty Barents, will be traveling 160 kms to the sea in a few weeks and will begin drilling the 10 wells of Neptun Deep.

South Korean Minister heads to Washington for exemption from Trump tariffs

Posted to Maritime Reporter on February 25, 2025

His ministry announced that South Korea's Minister of Industry Ahn Duk Geun would travel to Washington D.C. between Wednesday and Friday to push for a further exemption from U.S. Steel Tariffs and to discuss ways to increase cooperation in energy and shipsbuilding.

Bangladesh launches new tender for rice purchase of 50,000 tonnes, traders claim

Posted to Maritime Reporter on February 25, 2025

The state grain buyer of Bangladesh has announced a new international bid to buy 50,000 metric tonnes of rice. The deadline to submit price offers is March 11, 2019. After a heavily damaged domestic crop last year, Bangladesh continues to purchase large quantities of rice on international markets.

South Korea's NOFI purchased about 60,000 T of soymeal.

Posted to Maritime Reporter on February 25, 2025

The leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), purchased around 60,000 tons of soymeal in a private transaction on Friday. This deal was made without announcing an international tender. The estimated price was $364.66 per ton, cost and freight included.

US Coast Guard Ship in Tasman sea did not interact with Chinese Navy, Commander says

Posted to Maritime Reporter on February 25, 2025

The commanding officer of a U.S. Coast Guard ship crossing the Tasman Sea in support of maritime security with Australia and New Zealand said that the cutter was aware Chinese naval vessels were in the region but did not interact with them.

Thyssenkrupp will hold a shareholder meeting before the spin-off of its warship division, CEO tells Podcast

Posted to Maritime Reporter on February 25, 2025

Thyssenkrupp will hold an extraordinary general assembly to complete a spin-off in the warship division in this calendar year. This was revealed by Chief Executive Miguel Lopez in a podcast published on Tuesday. Lopez, speaking on a podcast by the German newspaper WAZ…

REIT Sun Communities sells superyacht to Blackstone for $5.65 Billion

Posted to Maritime Reporter on February 24, 2025

Sun Communities is selling its superyacht service business for $5.65bn in cash. The real estate investment trust wants to focus on core segments and reduce its debt. This has sent its shares up by more than 5%. According to the companies, they…

Algeria tenders for 240,000 T corn, 35,000 T barley, traders say

Posted to Maritime Reporter on February 24, 2025

European traders reported on Monday that the Algerian state agency ONAB had issued international tenders for up to 240,000 tons of animal feed barley and 35,000 tonnes of feed corn. They said that the deadline for submitting price offers to tenders is on Tuesday, February 25.

Meloni, an Italian company, has secured a pledge of investment worth 40 billion dollars from the UAE.

Posted to Maritime Reporter on February 24, 2025

At a Rome bilateral summit, the United Arab Emirates announced that it plans to invest 40 billion dollars in Italy. The two countries did not give a timeframe. Since taking office as Italian Prime Minister in 2022 Giorgia Mello has sought to strengthen ties with Gulf nations…

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