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March 31, 2025
Iranian state media reported that Iran's Revolutionary Guards seized on Monday two foreign tankers, allegedly carrying diesel fuel worth over 3 million litres (792 516 US gallons). The report did not mention the nationality of the tanker or whether its crew was detained.
Posted to Maritime Reporter
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March 31, 2025
ArcelorMittal South Africa has announced that it will delay the closure of the long-steel plants in its loss-making state until August 31, after receiving a $191.50-million injection from the Industrial Development Corporation. After failing to receive concessions from the government on its demands…
Posted to Maritime Reporter
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March 31, 2025
Norway's sovereign fund, which is the largest in the world, announced on Monday that it had acquired from RWE a 49 percent stake in two offshore turbine farms currently under construction in Denmark, Germany, and Sweden for 1.4 billion euro ($1.5 billion).
Posted to Maritime Reporter
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March 31, 2025
Norway's wealth funds said Monday that it had acquired from RWE a 49% share in two offshore wind farm projects in construction in Denmark, Germany and Denmark for 1.4 billion euro ($1.52 billion), marking its first deal with the German firm.
Posted to Maritime Reporter
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March 28, 2025
Major Feedmill Group of South Korea (MFG) bought about 55,000 metric tonnes of animal feed wheat from anywhere in the world on Friday, without holding an international tender. A consignment of goods was purchased for an estimated cost and freight (c&f)…
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March 28, 2025
China issued its second batch export quotas for refined fuels on Friday, with volumes lower than last year. This was confirmed by two sources from China and a consultancy. The second batch of allowances for last year included 14 million tonnes for gasoline…
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March 27, 2025
Taiwan's Defence Minister dismissed China's complaint about a collision involving a Taiwanese Navy ship and a Chinese trawler, in the Taiwan Strait. Taipei said it will continue to conduct military exercises when necessary. China's Taiwan Affairs…
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March 27, 2025
On Thursday, President Vladimir Putin launched a nuclear submarine with Zircon hypersonic missiles that can travel at speeds up to several times faster than sound. Citing documents related to the launch, the Russian agencies said that the Perm…
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March 27, 2025
The company announced on Thursday that Bolivia's energy company YPFB will receive a total five cargoes of diesel and gasoline through Chile before April 4. Three of these cargoes are expected to be imported directly from Houston. YPFB confirmed on Thursday the origin of the goods…
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March 27, 2025
The benchmark wheat futures traded on Euronext on Thursday fell to their lowest level in seven months as concerns over short-term demand for exports this season were rekindled by a stronger euro and a sparse demand from abroad. Euronext's May…
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on
March 27, 2025
The local governor's offices confirmed that six foreigners died when a tourist sub sank near the Red Sea resort of Hurghada in Egypt. However, they did not confirm the nationalities. The Russian consulate at Hurghada confirmed that the "SINDBAD"…
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March 27, 2025
Crocodiles inhabiting the Fitzroy River do not seem to be a problem, but the water flow could derail plans to hold the rowing events at the 2032 Olympics near Rockhampton. Tuesday, the venue for Australia's third Olympics was announced along…
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March 27, 2025
The traders reported that the highest price in the tender by Turkey's TMO state grain board to sell and export 50 000 metric tons durum wheat, which closed Thursday, was $315.50 per ton FOB. Viterra, a trading company, was said to be the one who made the offer of 50,000 tons.
Posted to Maritime Reporter
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March 26, 2025
The Taiwanese Navy said that a landing ship of the Taiwanese Navy and a Chinese fishing vessel collided outside restricted waters early Thursday morning. There were no injuries. Chung Ho collided with Minlianyu 61756, a Chinese trawler, shortly after midnight…
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March 26, 2025
Marco Rubio, the U.S. Secretary for State, said that on Wednesday. The United States would evaluate any demands made by Russia following its "in principle agreement" with a ceasefire negotiated by the United States in order to ensure safe navigation through Black Sea.
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March 26, 2025
Chicago corn futures fell on Wednesday, as traders awaited a U.S. Department of Agriculture release of data showing an increase in corn acres in 2025. Wheat futures declined on the back of continuing Russia-Ukraine discussions around the Black Sea.
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March 26, 2025
Nutrien stated on Wednesday that it does not believe the proposed Black Sea Shipping Deal between Ukraine, Russia, and the U.S. would have a significant impact on the North American or Global Fertilizer Market this year. Nutrien spokesperson…
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on
March 26, 2025
Euronext wheat recovered from a 2-week low on Wednesday as traders downplayed the immediate impact of an American-backed agreement on Black Sea shipping. Euronext was also boosted by the easing of the euro, as traders saw better export prospects for Western European Wheat, particularly in Morocco.
Posted to Maritime Reporter
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March 26, 2025
Chicago corn futures fell on Wednesday, as traders awaited a U.S. Department of Agriculture release of data showing an increase in corn acres in 2025. Wheat futures declined on the back of continued Russia-Ukraine discussions around the Black…
Posted to Maritime Reporter
on
March 26, 2025
Analysts and industry sources say that a potential agreement to ease restrictions on Russia’s access to international agriculture markets, hailed by Washington and Moscow, will not have a significant impact on the global food supply. The U.S.-brokered deal…
