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Dalin is on the verge of a record Vendee Globe win

Posted to Maritime Reporter on January 13, 2025

Charlie Dalin cruised to a record win in the Vendee Globe Challenge on Monday. A finish is expected early Tuesday morning at Les Sables d'Olonne. The Macif Sante prevoyance skipper was only 295 km away from the finish line at 1000GMT Monday.

Sources say that a US investigation has found China to be unfairly dominant in shipbuilding. This opens the door for sanctions.

Posted to Maritime Reporter on January 13, 2025

Three sources familiar with the findings of a month-long trade investigation have confirmed that the U.S. administration under President Joe Biden has concluded that China is using unfair policies and practices in order to dominate the global shipping, logistics, and shipbuilding industries. U.S.

China's crude imports will fall by 2024 for the first time outside COVID

Posted to Maritime Reporter on January 13, 2025

Data released on Monday showed that China's crude imports dropped 1.9% in 2024. This was the first decline in over two decades, outside of pandemics. The data also revealed that fuel demand peaked and a tepid economy growth dampened purchases.

Herrmann suffers a setback in the Vendee Globe Race as it nears its conclusion

Posted to Maritime Reporter on January 10, 2025

Boris Herrmann, Germany's Vendee globe sailor who is currently seventh in the race, was struggling with a headsail issue on Friday as the solo race neared its end. On Friday morning, the skipper of Malizia Seaexplorer found that a hook was broken and rendered the sail useless.

Germany secures oil-tanker that was adrift in the Baltic Sea

Posted to Maritime Reporter on January 10, 2025

Emergency services reported on Friday that a tugboat had stopped a Panama flagged tanker, carrying 99,000 metric tonnes of oil, from drifting uncontrollably off the coast of Germany's Baltic Sea near Ruegen. It said that the 274-metre tanker…

South Korea's MFG purchases estimated 134,000 T corn in tender

Posted to Maritime Reporter on January 10, 2025

stated. South America or South Africa just. South Korea. The seller was stated to be trading house ADM. port unloading for May 20 arrival in South Korea. stated to be trading house Olam. estimates of prices and volumes are possible later on. March 22 and April 10 if sourced from the U.S.

Importers: German coal plants essential for electricity supply

Posted to Maritime Reporter on January 9, 2025

In a statement released on Thursday by the coal importers' lobby VDKi, they said that Germany's hard coal-powered power plants remain an important backup to ensure supply in times of low wind and solar energy. They also called for better compensation.

Algeria buys soymeal after a 240,000 T corn bid is deemed to be a failure

Posted to Maritime Reporter on January 9, 2025

European traders reported on Thursday that the Algerian state agency ONAB was believed to not have purchased any corn in an auction which ended on Tuesday. The tender called for 240,000 metric tonnes of corn, to be sourced exclusively from Argentina or Brazil.

Doctor says baby born on boat near Canary Islands, Spain is doing well.

Posted to Maritime Reporter on January 9, 2025

Both mother and baby are in good health, according to medical authorities and the regional government. Dr Maria Sabalich said that the pair was being treated by an emergency team at Molina Orosa Hospital in Lanzarote and were under constant observation.

Thyssenkrupp states a number of firms interested in marine department

Posted to Maritime Reporter on January 9, 2025

engine maker Deutz wanted to take it over. saying Deutz was among the companies that had actually submitted a. non-binding deal for TKMS at the end of last year, including the. move would help Deutz to establish a new business area. We can confirm that several business have revealed.

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

Posted to Maritime Reporter on January 8, 2025

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 proposals in the tender is January 14. The traders had expected an announcement after Jordan bought 60…

South Korea's FLC purchases about 65,000 t of feed wheat from the U.S.

Posted to Maritime Reporter on January 8, 2025

The Feed Leaders Committee of South Korea (FLC) purchased approximately 65,000 metric tonnes of animal feed wheat from the United States on Wednesday in a private transaction without issuing a tender to international buyers, European traders reported.

Ministry of Agriculture reports that the new export regime in Ukraine has caused a drop in agricultural exports for December.

Posted to Maritime Reporter on January 8, 2025

The agriculture ministry said on Wednesday that the introduction of Ukraine's new export regime, which will apply to most agricultural products starting Dec. 1, has caused a drop in farm exports for December. The government has introduced minimum export prices and new controls over shipments…

At a press conference, Trump spoke about Canada, Mexico and Gaza hostages

Posted to Maritime Reporter on January 7, 2025

Donald Trump, the Republican U.S. president-elect, held a presser on Tuesday. He spoke about NATO, Israeli hostages, and his desire for the U.S.A. to purchase Greenland. Elon Musk was also mentioned, as well as speculations about Canada becoming an American state. Before his Jan.

Trump will not rule out military and economic action in his quest to control the Panama Canal, Greenland

Posted to Maritime Reporter on January 7, 2025

Donald Trump, the president-elect of the United States, declined to rule out any military or economic action on Tuesday as part of his stated desire for the U.S. to regain control of the Panama Canal. He also aspires to acquire the Danish territory Greenland.

Trump will not rule out military and economic action in his quest to control the Panama Canal and Greenland

Posted to Maritime Reporter on January 7, 2025

Donald Trump, the president-elect of the United States, declined to rule out any military or economic action on Monday as part of his stated desire for the U.S. to regain control of the Panama Canal. He also vowed to acquire Danish-controlled Greenland.

How Iran is moving sanctioned oil around in the world.

Posted to Maritime Reporter on January 7, 2025

Published a special report based on leaked emails last year that showed how Iranian oil company Sahara Thunder moved around the globe. The story shows the journeys of tankers carrying Iranian crude oil and the methods they use to avoid detection.

International crude exports dip as trade routes reshuffle once again

Posted to Maritime Reporter on January 7, 2025

refinery and pipeline changes reshuffled trade routes. and providers and purchasers split into areas. exports to Europe declined and more U.S. oil went to Europe. been rerouted to India and China. have shut in Europe in the middle of ongoing attacks on Red Sea shipping.

United States Gulf Coast fuel oil imports struck record low as Latam shipments sluggish

Posted to Maritime Reporter on January 6, 2025

America's biggest refining hub on the U.S. Gulf Coast was up to a. record low in December, according to information from ship tracker. Kpler, as Latin American materials dried up. The drop in fuel oil imports comes as residual fuel oil. stocks on the U.S.

Sources say that the US is planning to impose more sanctions against tankers transporting Russian oil.

Posted to Maritime Reporter on January 6, 2025

Two sources familiar with the situation said that on Sunday, the Biden administration intends to increase sanctions against Russia for its war in Ukraine. They will target its oil revenues by targeting tankers transporting Russian crude. The…

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