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August 5, 2025
European traders reported on Tuesday that the Major Feedmill Group of South Korea (MFG) had issued a tender for up to 140.000 metric tons animal feed corn. Only corn from South America and South Africa is acceptable. The deadline to submit price offers is on Wednesday, 6 August.
Posted to Maritime Reporter
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August 5, 2025
In just a few minutes, a new anti-drone Greek system showed what it was capable of. Centauros, a system developed by the European Union, was tested in the Red Sea last year. It detected and quickly destroyed two aerial drones fired by Yemeni…
Posted to Maritime Reporter
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August 5, 2025
Austal, Australia's shipbuilding company, announced on Tuesday that it had secured a contract with the government for the construction of ships. It also raised its earnings forecasts. The shares rose to a new record high. Austal Defence Shipbuilding Australia…
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August 4, 2025
Richard Marles, Australia's Deputy Prime Minister, said that Mitsubishi Heavy Industries of Japan will be delivering Australia's new A$10 Billion ($6.5 Billion) navy frigate program. He said that the deal showed Canberra's "focus" on "investing…
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August 4, 2025
In its first reaction to Donald Trump's statement that he ordered the repositioning nuclear submarines in the United States, the Kremlin warned everyone on Monday against using nuclear rhetoric. Dmitry Peskov, Kremlin spokesperson, played down…
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August 4, 2025
European traders reported on Monday that the Trading Corporation of Pakistan, Pakistan's state-owned agency, had issued a tender for 100,000 metric tonnes of white refined sugar. The deadline to submit price offers is August 11th. Traders said…
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August 4, 2025
The regional railway administration reported on Monday that at least two people died and 10 were injured in a collision between a bus and a freight rail in the Russian region of Leningrad. The railway administration in Leningrad, northwest Russia…
Posted to Maritime Reporter
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August 3, 2025
Health officials reported that at least 54 migrants were killed when a boat with around 150 people on board sank in bad weather off the coast of Yemen, and dozens more are still missing. Security sources confirmed that the boat capsized in the Arabian Sea off Ahwar District…
Posted to Maritime Reporter
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August 3, 2025
As part of joint exercises scheduled, the Russian Pacific Fleet said on Sunday that the Russian and Chinese navies were conducting artillery and counter-submarine drills at sea in Japan. Two days after U.S. president Donald Trump claimed that he had a plan, the drills take place.
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August 1, 2025
Panama Ports Company said that on Friday it would communicate with the Panama Government at the appropriate time regarding the sale of two important ports it operates near to the Panama Canal. Hong Kong's CK Hutchison owns 90% of PPC. The company…
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August 1, 2025
The European Court of Justice decided on Friday that the rights of public consultation had not been violated by environmental groups in a dispute over the construction of Wind Farms in Galicia, a region in Spain's northwestern region. The ruling…
Posted to Maritime Reporter
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July 31, 2025
Huntington Ingalls, a U.S.-based military shipbuilder, reported results for the second quarter that were above Wall Street expectations on Thursday as production issues at its shipyards eased and submarine demand grew. In premarket trading, the company's stock rose by about 5%.
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July 31, 2025
Norwegian Cruise Line Holdings, which has a 6% increase in its shares on Thursday morning premarket trading after indicating a rebound in demand for its cruise holidays following sluggishness at the beginning of the year. The company also maintained its profit target.
Posted to Maritime Reporter
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July 31, 2025
The Turkish state grain board TMO began buying animal feed barley on Thursday in an international auction. Initially, about 25,000 metric tonnes were purchased by the TMO. The tender was for a total of 225,000 metric tonnes and it is expected that more will be bought later on Thursday.
Posted to Maritime Reporter
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July 31, 2025
Initial assessments by European traders indicated that the lowest price in the international bid to purchase 100,000 metric tons (c&f) of white refined sugar was $539.00 per metric ton. They said that offers from the Trading Corporation of Pakistan state agency (TCP) are still being considered…
Posted to Maritime Reporter
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July 31, 2025
South Korean Finance minister Koo Yun Cheol stated on Thursday that the U.S.-South Korea tariff agreement hinged on a partnership package for shipbuilding titled "Make America Shipbuilding Great Again". Koo stated that South Korean shipbuilders…
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July 31, 2025
Initial assessments by traders indicated that the lowest price offered during the first round of tendering from Turkey's TMO state grain board to purchase and import 225,000 metric tons animal feed barley was $234.90 per ton c&f. They said that no purchase had been reported…
Posted to Maritime Reporter
on
July 31, 2025
Initial assessments by traders indicated that the lowest price offered during the first round of tendering from Turkey's TMO state grain board to purchase and import 225,000 metric tons animal feed barley was $234.90 per ton c&f. They said that no purchase had yet been reported…
Posted to Maritime Reporter
on
July 30, 2025
On Wednesday, the U.S. Treasury Department issued new sanctions against over 115 Iran linked individuals, entities, and vessels. This is an indication that the Trump administration has intensified its "maximum-pressure" campaign following June's bombing of Tehran's nuclear sites.
Posted to Maritime Reporter
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July 30, 2025
Monaco Yacht Club won the Admiral's Cup for the first time on Wednesday. They were the first team to win the prize from the Principality after a long series of races that culminated with the Fastnet Race. Monaco won the Fastnet final after a fierce battle in six inshore races on the Solent.
