Guinea News

China Mapping Ocean Floor Ready for Submarine Warfare

China is conducting a vast undersea mapping and monitoring operation across the Pacific, Indian and Arctic oceans, building detailed knowledge of marine conditions that naval experts say would be crucial for waging submarine warfare against the United States and its allies.In one example, the Dong Fang Hong 3, a research vessel operated by Ocean University of China, spent 2024 and 2025 sailing back and forth in the seas near Taiwan and the U.S. stronghold of Guam, and around strategic stretches of the Indian Ocean, ship-tracking data reviewed by Reuters shows.

Despite Low Demand, China Drives 5% Increase in Iron Ore Shipments

"Global iron ore shipments have risen 5% y/y during the first 12 weeks of 2026, supported by stronger Chinese import demand. However, this increase has not been matched by Chinese steel production which fell 4% y/y during the first two months of the year. As a result, the additional supply has boosted portside inventories, which reached a record high of 179.5m tons on 12 March,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Steel production in China has been on a downward trend since 2023, pressured by falling domestic demand.

China Maps Ocean Floor as It Builds Submarine Warfare Capability

China is conducting a vast undersea mapping and monitoring operation across the Pacific, Indian and Arctic oceans, building detailed knowledge of marine conditions that naval experts say would be crucial for waging submarine warfare against the United States and its allies.In one example, the Dong Fang Hong 3, a research vessel operated by Ocean University of China, spent 2024 and 2025 sailing back and forth in the seas near Taiwan and the U.S. stronghold of Guam, and around strategic stretches of the Indian Ocean, ship-tracking data reviewed by Reuters shows.

Bauxite Shipments up 16% but Outlook Uncertain

"During the first 11 weeks of 2026, bauxite shipments have surged 16% y/y, driven by strong Chinese demand for Guinean cargoes. Guinean bauxite has remained highly competitive, accounting for 79% of shipments and pushing non-Guinean bauxite shipments down 3% y/y. Bauxite has been one of the fastest growing dry bulk commodities, growing 10% on average between 2021 and 2025,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Rising bauxite shipments are driven by China’s need…

ATSB Releases Preliminary Report on Coral Adventurer Grounding

An Australian Transport Safety Bureau (ATSB) preliminary report has been released that outlines the order of events leading up to the grounding of the cruise ship Coral Adventurer near a remote port on the north-east coast of Papua New Guinea in December.The ATSB launched a transport safety investigation after the 93-metre Australian-flagged ship grounded on the morning of 27 December 2025, with 80 passengers and 44 crew on board.The cruise, which had left Cairns 10 days earlier, had visited several sites in Papua New Guinea, with passages between them generally conducted overnight.

U.S. Coast Guard Takes Delivery of Fast Response Cutter Named for 9/11 Hero

The U.S. Coast Guard has accepted delivery of the 62nd Fast Response Cutter, USCGC Vincent Danz (WPC 1162), in Key West.Danz was serving in the New York City Police Department, Emergency Services Unit, ESU Truck 3, when he responded to the World Trade Center as part of a massive emergency response and was killed when the World Trade Center collapsed. He was posthumously awarded the New York City Police Department’s Medal of Honor for his heroic deeds. His actions that day embodied the Coast Guard's core values of honor…

Western Bulk Returns to Profit

Oslo-listed dry bulk operator Western Bulk reported a marked earnings recovery in the second half of 2025, capitalizing on a broad-based rebound in freight markets and tighter effective vessel supply.According to the company’s Second Half Year Report 2025, Western Bulk generated a net profit after tax of USD 7.4 million in 2H 2025, compared with a net loss of USD 5.2 million in the same period a year earlier. For the full year, the group posted a net profit of USD 5.4 million…

World’s First Methanol Dual-Fuel KAMSARMAX Bulk Carrier Delivered

Tsuneishi Shipbuilding’s Philippines-based yard Tsuneishi Heavy Industries has delivered the world’s first methanol dual-fuel KAMSARMAX bulk carrier, Brave Pioneer.By adopting methanol as a propulsion fuel, the vessel achieves a reduction of approximately 10% in carbon dioxide emissions, 80% in NOx and 99% in SOx compared with conventional vessels. The use of green methanol further enhances the vessel’s potential to reduce environmental impact.The vessel features both a shallow draft and low air draft, enabling access to a wide range of ports worldwide.

Coral Adventurer Detained After PNG Grounding

The Australian Maritime Safety Authority (AMSA) has detained the Australian flagged vessel Coral Adventurer, that grounded on December 27 off the coast in Papua New Guinea (PNG).The Coral Adventurer was carrying 80 passengers and 44 staff when it ran aground on a coral reef about 90 kilometers from Lae.No injuries have been reported, and the vessel has been refloated.AMSA detained the vessel based on the “reasonable suspicion that it is not seaworthy due to potential damage sustained…

Shipping Full Steam Ahead: What '25 has set up for '26

After several years of volatility, 2025 became the year the global shipping markets began to reset. Not collapse—but recalibrate.According to Veson Nautical’s 2025 End-of-Year Market Report, the past year was defined by persistent geopolitical disruption, tightening environmental regulation and growing uncertainty over future fuel pathways. Red Sea instability continued to distort global trade flows, FuelEU Maritime and EU ETS added cost and complexity, and owners across nearly every sector adopted a more cautious stance toward fleet expansion.As the industry enters 2026…

Ivory Coast Cocoa Harvest Declines Sharply for Third Consecutive Year

Ivory Coast, the world's biggest cocoa producer, has sold 1.3 million tons of cocoa contracts for the 2025/26 October to March main crop, down from 1.4 million tons last year, amid concerns over declining harvests and production, two Coffee and Cocoa Council (CCC) sources told Reuters on Thursday.Despite what they said would be an expected 30% year-on-year drop in cocoa bean arrivals at the country's two main ports between January and March 2026, the CCC sources said no risk of…

Capesize Values Hit 17-Year High

Global trade flows have adjusted to new geopolitical developments last week, with Red Sea diversions maintaining their grip on vessel demand patterns. Against this backdrop, timecharter earnings hit their highest levels since October 2024, with Capesize rates leading the rally while smaller segments lagged behind. The S&P market saw continued interest in modern tonnage as owners position for tightening supply fundamentals. Values for 5YO Capesizes of 180,000 DWT have rallied impressively this year…

Australia and PNG Complete Joint Cross Border Patrol

The Australian Border Force (ABF), Australian Federal Police, Queensland Police Service, and Papua New Guinea (PNG) authorities have successfully completed the latest Joint Cross Border Patrol in the Torres Strait.Running from September 22 to 27, officers visited communities in Daru, Sigabadaru and Ture Ture in PNG, and Saibai and Boigu Islands in the Torres Strait.The joint activity forms part of Australia and PNG's shared mission to protect the border from threats such as drugs and firearms trafficking…

Danish Shipping Launches African Maritime Training Initiative

Danish Shipping has launched an initiative to help build maritime competence and create opportunities for talented African cadets.Danish shipping companies and Danish authorities have a long history of cooperating closely with African partners, especially in the maritime sector.Building on successful partnerships between Danish shipping companies and African maritime institutions, the African Maritime Training Initiative aims to strengthen cooperation and create opportunities…

Australia, Papua New Guinea Sign Defense Communique

Australian Prime Minister Anthony Albanese met his Papua New Guinea counterpart James Marape in the capital of the largest Pacific Island nation on Wednesday for defense talks after plans to sign a landmark mutual defense treaty stalled.The two leaders instead signed a defense communique.Marape told reporters it was in the two countries' mutual interest to work side by side on defense."I made a conscious choice that Australia remains our security partner of choice," he said, adding Papua New Guinea could not defend its land and ocean space alone…

Brazil Ships More Iron Ore to China, Competitors Lag

Between January and August 2025, Brazilian iron ore shipments are expected to rise 4% y/y, supported by stronger mining activity. Shipments to China have increased despite weaker demand, replacing shipments from Australia, Peru and India, says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Brazil is the world’s second-largest exporter of iron ore, accounting for 23% of global shipments, while Australia leads with 54% of cargoes. Out of global shipments, 73% are destined for China while an additional 11% go to other East Asian countries.

Good Ocean, Good Business

There is an estimated 3.5 million square miles of ocean space suitable for finfish mariculture and about five times that suitable for seaweed production. It’s a potential that is being realized around the world as new projects generate benefits for rural communities, cities and the environment.In Papua New Guinea, the UN Sustainable Development Group is focusing on creating meaningful, sustainable livelihoods for women and youth in Kimbe Bay, a biodiversity hotspot that is home…

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

Current global economic and geopolitical landscapes are shaped by several key uncertainties. Tensions between Israel and Iran, particularly regarding the Strait of Hormuz, pose risks to regional stability and energy supply routes. Similarly, Houthi activity in the Red Sea threatens shipping through the Suez Canal. Oil sanctions continue to disrupt global energy markets, while evolving U.S. import tariffs add further complexity to international trade dynamics. Additionally, uncertainties…

Pacific Islands Delay Security Plan That Could See Collaboration With China

Leaders of the four biggest Pacific Islands nations have delayed adopting a joint security strategy that could provide an opening for Beijing, against a backdrop of increasing rivalry between China, Australia and the United States in the Pacific Ocean.The Melanesian Spearhead Group, which includes Solomon Islands, Papua New Guinea, Vanuatu and Fiji, had been negotiating its first joint security framework, focused on maritime security.A meeting of the group's leaders on Monday in Fiji delayed a decision…

Pirate Swarm Steals Metal from Barge

Anti-piracy equipment company Palaemon reports that security threats occurred over the past week in the Singapore Straits, Gulf of Guinea and Red Sea. The incidents include:• 32 pirates used eight boats to attack a tug boat in the Singapore Strait, stealing a large quantity of scrap metal. The crew remained unharmed. The pirates had three boats on the port side, four on the starboard side, and one boat in the rear. Each had 3-4 perpetrators onboard, with14 boarding the barge to steal the metal.• An armed assailants targeted multiple passenger boats on the Bonny River in Nigeria…

ITF Backs US Investigation into Flags of Convenience, Calls for Industry-Wide Accountability

The International Transport Workers’ Federation (ITF) is backing the US Federal Maritime Commission’s (FMC) domestic investigation into vessel flagging laws, including the long-abused practice of ‘Flags of Convenience’ (FOCs).The FMC announced its probe last week, citing serious concerns that states operating FOCs are enabling a “race to the bottom” in global maritime regulations."The FMC is absolutely right in its assessment of Flags of Convenience and the permissive environments they create for unscrupulous shipowners and operators…

Seafarer Abandonment in 2025 Poised to Pass 2024 Record

By May this year, 158 cases of vessel abandonment had been recorded, up from 119 at the same point in 2024.These cases represent more than 1,501 seafarers who have reached out to the ITF for assistance, many of whom were left unpaid, without food, water or access to ports, often for months at a time.“Abandonment is a growing, systemic problem,” said Stephen Cotton, ITF General Secretary. “Behind every number is a human being who has been failed by the industry and the governments responsible for regulating it.

Guinea Bauxite Sockpile Nears 2 Million Tons as Export Suspension Continues

Emirates Global Aluminium's (EGA) subsidiary in Guinea has accumulated a stockpile of nearly two million metric tonnes of bauxite since the suspension of its operations last year, three sources familiar with the matter told Reuters on Tuesday.EGA, equally owned by Abu Dhabi sovereign wealth fund Mubadala, and Dubai sovereign wealth fund the Investment Corporation of Dubai, operates one of the largest bauxite mines in Guinea through its Guinea Alumina Corporation (GAC) subsidiary.The standoff with Guinea's government highlights the aggressive push by the military authorities to increase benefit