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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"…

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.

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…

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…

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…

EU to add Chinese tankers and firms to Russia sanctions list

Posted to Maritime Reporter on November 26, 2024

EU diplomats have said that European Union envoys are set to discuss on Wednesday a 15th sanctions package in response to Russia’s invasion of Ukraine in 2022, including those affecting tankers transporting Russian oil, and Chinese companies involved in the manufacture of drones for Moscow.

Rains flood Mississippi River; US soy exports at 4-year-high

Posted to Maritime Reporter on November 26, 2024

Government data shows that exporters shipped soybeans at their fastest rate in four years from the busiest U.S. grain port after rain increased water levels in Mississippi River. The Mississippi River is the most important grain waterway in the United States.

South Korea's NOFI buys estimated 133,000 T corn, traders say

Posted to Maritime Reporter on November 26, 2024

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 133,000 metric tonnes of animal feed corn at an international auction on Tuesday. Two consignments of corn were purchased.

South Korea's FLC purchases 65,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on November 26, 2024

The Feed Leaders Committee of South Korea (FLC) bought around 65,000 tons of animal feed in a private transaction on Monday, without launching an international tender. European traders confirmed this on Tuesday. The United States and South America were expected to supply the product.

US Navy patrol aircraft flys through Taiwan Strait

Posted to Maritime Reporter on November 26, 2024

In a press release, the U.S. 7th Fleet stated that a U.S. Navy Patrol aircraft crossed the Taiwan Strait Tuesday "in international aviation", demonstrating the United States commitment to a open and free Indo-Pacific. Around once a week, U.S.

Google will build a subsea cable connecting Australia's Darwin and Christmas Island

Posted to Maritime Reporter on November 25, 2024

Christmas Island, Australia's Indian Ocean Territory, will be connected to Darwin in the north by a subsea cable. The project is backed by Alphabet and Australia claims it will increase its digital resilience. Christmas Island, located 1,500 km west of Australia's mainland and with only 1…

Eight migrants drowned off the Greek island of Samos

Posted to Maritime Reporter on November 25, 2024

Authorities said that the Greek coastguard found eight bodies - six women and two minors - of migrants who drowned in the Aegean sea off the island Samos. The coast guard reported that Greek police discovered 36 more people alive on Samos' northern coast.

Australia dominates the Dubai SailGP opener

Posted to Maritime Reporter on November 23, 2024

DUBAI (Nov 23) - Triple SailGP champions Australia began their campaign for 2025 with authority, taking the lead on the first day of racing in Dubai. The Australians showed off their tactical skills in a new, striking livery. Chris Draper joined…

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