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The Tunisian coastguard has recovered the bodies of 16 migrants

Posted to Maritime Reporter on October 28, 2024

The national guard reported on Monday that the Tunisian coastguard had recovered 16 bodies from the sea off the coasts of Maloulech and Salakta. This is the latest boat tragedy in the Mediterranean. The bodies were discovered at the weekend, and then again on Monday.

KKR-backed Malaysian OMS signss contract with Dutch firm for cable-laying vessel

Posted to Maritime Reporter on October 28, 2024

OMS Group, a KKR backed Malaysian digital subsea infrastructure company, announced on Monday that it had signed a contract for the construction of a number of cable-laying ships with Dutch maritime firm Royal IHC. OMS stated in a press release…

Black Sea CPC blend oil exports will rise by 33% in November, according to sources.

Posted to Maritime Reporter on October 25, 2024

Black Sea CPC blend oil exports via Caspian Pipeline Consortium's (CPC) system will increase in November, after maintenance at Kazakhstan's Kashagan oilfield is completed. Two sources said that exports will increase to 1.42 million barrels a day (bpd)…

US Navy wants to arm ships Patriot missiles in response to China's hypersonic weaponry

Posted to Maritime Reporter on October 25, 2024

Two senior defense officials have said that the U.S. Navy fears China will use hypersonic weapons in the Pacific to sink ships. They are moving ahead with a plan of arming some of their vessels with Patriot missiles. According to an industry official…

Industry leaders and legislators say that Europe struggles to meet offshore wind target

Posted to Maritime Reporter on October 24, 2024

Industry leaders and legislators said that Europe has fallen behind its own ambitious offshore wind energy targets due to rising costs, redtapism and inadequate policies. They presented their recommendations on Thursday to the new European Commission.

Indonesia claims that Chinese vessel was twice pushed away from energy survey after it disrupted

Posted to Maritime Reporter on October 24, 2024

The Indonesian maritime security agency reported on Thursday that a Chinese coast guard vessel had been driven out of Indonesian waters for the second time in this week, after it disrupted an initial survey by Pertamina, a state-owned energy company operating in the South China Sea.

Denmark wants to find common EU solutions to Chinese wind competition

Posted to Maritime Reporter on October 24, 2024

The Danish climate and energy ministry said that the country will be seeking a common EU strategy to combat the increased Chinese competition on the European wind market. This was ahead of a Thursday meeting with EU Commission officials and leaders in the industry.

EU wheat stabilizes after a decline with Black Sea exports as a focus

Posted to Maritime Reporter on October 23, 2024

The benchmark wheat futures traded on Euronext finished slightly higher on Tuesday, after a three day fall. Chicago recovered and traders assessed the impact of Russian government intervention on Black Sea wheat competition. December wheat,…

Red Bandit wins the race to become Germany's third winner

Posted to Maritime Reporter on October 23, 2024

Carl-Peter Forster's Red Bandit from Germany won the 45th Rolex Middle Sea Race on Wednesday, becoming the third German boat to win this prestigious offshore challenge. Red Bandit followed in the footsteps Saudade and Morning Glory, who won the race in 1983 and 2006 respectively.

EU Wheat remains weak as Black Sea Competition hangs over the market

Posted to Maritime Reporter on October 23, 2024

The benchmark wheat futures traded on Euronext declined for the fourth time on Wednesday, as traders weighed up signs of continued export competition by Black Sea wheat supplies against uncertainty about Russian government interventions in wheat trade.

InVivo targets Ukrainian wheat in order to counter Russian expansion

Posted to Maritime Reporter on October 23, 2024

The chief executive of InVivo, a cooperative that produces wheat for export in France and Ukraine, said Wednesday the group is looking at new markets to expand after being beaten by Russian wheat to Algeria. Thierry Blandinieres, a member of the group that has a range of activities…

No. No. 24 Navy

Posted to Maritime Reporter on October 23, 2024

Typically, Marcus Freeman tells the players of Notre Dame on defense to be loose and carefree and not to get caught up in technical detail. Freeman, however, senses an exception as No. Notre Dame (12-1) is preparing to kickoff against No. Navy (6-0)…

Potash production is nearing pre-war levels, forcing producers to reduce output

Posted to Maritime Reporter on October 23, 2024

The global potash supply has returned to the levels before the invasion of Ukraine. Russia and Belarus have increased shipments to Asia, South America and Europe to avoid Western sanctions, and to pressure producers to reduce output to avoid an oversupply.

Two migrants drown after boat sinks near Calais

Posted to Maritime Reporter on October 23, 2024

A local French authority reported that two migrants died after a boat carrying an entire group capsized on Wednesday off the coasts of Calais. This highlights the difficulties facing the British and French government in their efforts to combat illegal immigration.

Taiwan: Chinese aircraft carrier group sails through Taiwan Strait

Posted to Maritime Reporter on October 22, 2024

Taiwan's Defence Ministry reported on Wednesday that a Chinese aircraft carrier group had sailed in the Taiwan Strait. The group was heading north after it passed through the waters near Taiwan-controlled Pratas Islands. The Ministry of Defense said that the Chinese vessels…

Carlyle stops bidding procedure for Thyssenkrupp marine arm

Posted to Maritime Reporter on October 22, 2024

, the German company stated on Tuesday. Czech billionaire Daniel Kretinsky. Thyssenkrupp stated in a reaction to emailed concerns. Thyssenkrupp shares fell as much as 3.7% on the news. partnerships. Carlyle decreased to comment. decreased to offer more details. billion euros ($ 1.73 billion).

Fincantieri, Italy's radar manufacturer, signs MoU with Qatar

Posted to Maritime Reporter on October 22, 2024

Fincantieri, an Italian company, signed on Tuesday a Memorandum of Understanding (MoU), which was owned by the Ministry of Defense of Qatar. The MoU is for the development of a joint short-range radar. A source familiar with the deal said that…

Carlyle leaves of bidding procedure for Thyssenkrupp marine system

Posted to Maritime Reporter on October 22, 2024

said on Tuesday. Thyssenkrupp stated in a response to emailed concerns. constructs submarines and frigates. Carlyle decreased to comment. group's continuous restructuring, which also includes prepare for a. 50:50 steel joint venture with Czech billionaire Daniel. Kretinsky.

The luxury brand Chanel sponsors the Oxford and Cambridge Boat Race

Posted to Maritime Reporter on October 22, 2024

The French luxury brand Chanel, known for its quilted bags and tailored suits, will be the first company to sponsor the historic Oxford and Cambridge Boat Race in Britain next year. This is the first time the company has sponsored a sporting event.

Scallywag 100 is first to cross the line in Middle Sea Race

Posted to Maritime Reporter on October 22, 2024

Scallywag 100, owned by Hong Kong businessman Lee Seng Huang, crossed the finish of the Rolex Middle Sea Race 2024 on Tuesday. It was the first monohull to complete this challenging course. The supermaxi completed the 606 nautical-mile offshore race that starts and ends in Valletta…

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