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French miner Eramet reduces spending and promises more turnaround efforts

Posted to Maritime Reporter on October 30, 2025

French mining group Eramet has lowered its capital expenditure target for this fiscal year. It announced that it will announce more measures in December to combat declining results and increasing debt at the nickel-and-manganese producer. In a third quarter sales report…

Chinese freighter cuts EU delivery time in half on first Arctic voyage to UK

Posted to Maritime Reporter on October 14, 2025

State-run news agency Xinhua reports that a Chinese container ship completed a pioneering voyage through the Arctic and into a UK port. This journey cut in half the transit time of the electric vehicles aboard the ship, as well as the solar panels, which were destined for Europe.

Radiant World now deals in metals as well as iron ore

Posted to Maritime Reporter on October 14, 2025

Radiant World, an Indian commodity trader, has hired Liam Brown and Louis McCauley to expand its industrial and precious-metals trading business. McCauley previously worked for Citi, Credit Agricole, and Goldman Sachs, and Brown traded industrial metals.

A suspected'shadow fleet’ tanker departs from Western France

Posted to Maritime Reporter on October 3, 2025

MarineTraffic reports that the Boracay tanker, which is under Western sanctions for being suspected of belonging to Russia's shadow fleet and also faces a separate French investigation, has left its anchorage off western France. The raid by…

US container imports fall in September as Trump tariffs disrupt international trade

Posted to Maritime Reporter on October 9, 2025

Data released on Thursday revealed that U.S. containerized imports in September were down 8.4% compared to the same period last year, with a drop of 22.9% in goods imported from China. This was due to ongoing trade tensions caused by President Donald Trump's policies. U.S.

Jordan purchases 60,000 tons of feed Barley at tender, traders claim

Posted to Maritime Reporter on October 1, 2025

European traders reported that Jordan's state grain purchaser purchased approximately 60,000 metric tonnes of animal feed barley in an international bid seeking up to 122,000 tons on Wednesday. The traders reported that the barley had been purchased…

Macron praises the investigation of a suspected "shadow fleet" tanker that was anchored near French coast

Posted to Maritime Reporter on October 1, 2025

On Wednesday, French President Emmanuel Macron stated that it was "a great thing" for France to be investigating a suspected violation by the oil tanker Boracay. The oil tanker is suspected to belong to the "shadow fleet", which is involved in the Russian Oil Trade.

After attack, Dutch flagged vessel is still adrift, ablaze and the crew has been evacuated.

Posted to Maritime Reporter on September 30, 2025

According to the EU maritime mission Aspides and its operator, the Dutch flagged cargo ship Minervagracht, was on fire and drifting in the Gulf of Aden, Tuesday. A day earlier, it had been hit by an explosive that injured two sailors and forced them to evacuate.

South Korea's NOFI purchased about 60,000 tonnes of soymeal from traders.

Posted to Maritime Reporter on September 25, 2025

Nonghyup Feed Inc., a leading South Korean animal feed manufacturer (NOFI), purchased around 60,000 tons of soymeal on Wednesday in a private transaction without launching an international tender. The estimated price was $338.50 per ton with cost and freight included.

Italian port blocks weapons for Israel amid worker protests

Posted to Maritime Reporter on September 18, 2025

Italian dockworkers, along with other labor groups, have been protesting against the Gaza offensive. The port of Ravenna in the Adriatic Sea refused entry on Thursday to two trucks that were allegedly carrying weapons to Israel. Alessandro Barattoni…

Sources say that Japan's JERA is in advanced discussions to purchase US shale assets worth $1.7 billion.

Posted to Maritime Reporter on September 16, 2025

People familiar with the matter say that Japan's largest power generator JERA has advanced discussions to purchase natural gas production assets located in the U.S., for approximately $1.7 billion. This is the latest example of an Asian nation investing into the American energy sector.

The third cargo of Arctic LNG 2 from Russia is discharged and leaves China

Posted to Maritime Reporter on September 11, 2025

LSEG's and Kpler’s ship tracking data revealed that a third tanker, from Russia's Arctic LNG 2 facility, which is subject to Western sanctions, discharged and left a terminal in China Wednesday. The U.S. sanctioned LNG tanker Zarya has unloaded over 160…

Manager citing data: Arctic LNG 2 has delivered its first cargo

Posted to Maritime Reporter on September 4, 2025

A senior manager from the majority shareholder said on Thursday that Russia's Arctic LNG 2 has delivered its first LNG shipment, citing data from ship tracking. As you can see, the first vessel entered China according to data. Data from Kpler showed that China had received its first LNG cargo…

Sources: Second tanker skips fuel lift from Nayara sanctions-hit

Posted to Maritime Reporter on July 23, 2025

According to three sources in the industry and LSEG's ship tracking data, a tanker won't load fuel as planned from India’s Nayara Energy Refinery, which is under sanctions. This vessel will be the second to alter its plans after the European Union restrictions.

Oil trader 2Rivers (formerly Coral Energy) stops trading

Posted to Maritime Reporter on June 19, 2025

The company announced on Thursday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has stopped its trading activities due to UK sanctions. Western powers have imposed sanction on Russia's traders and fleet, accusing them…

Shell CEO: Shell is'very cautious' about shipping in the Middle East

Posted to Maritime Reporter on June 18, 2025

Shell CEO Wael Sawan stated on Thursday that the oil and natural gas giant was "very cautious" about its shipping through Middle East due to the escalating conflict in the Middle East between Israel and Iran. Thursday, the Iran-Israel air conflict entered its seventh day.

Air India chairman says that the flight that crashed had a clean engine history

Posted to Maritime Reporter on June 18, 2025

Air India Chairman N. Chandrasekaran stated on Wednesday that the Boeing Dreamliner that crashed last week with 242 passengers on board had a clean history of engines. Chandrasekaran told Indian broadcaster Times Now that Air India Flight 171's left engine had last been serviced in 2023…

Jordan purchases 60,000 T of feed Barley at tender, traders claim

Posted to Maritime Reporter on June 4, 2025

European traders reported that Jordan's state grain purchaser purchased approximately 60,000 metric tonnes of animal feed barley in an international bid seeking up to 122,000 tons on Wednesday. The trading house Al Dahra was reported to have…

Minister warns of 'hypothermia risks' in Russia's cooling economic system

Posted to Maritime Reporter on May 26, 2025

Maxim Reshetnikov, the Russian Economy Minister, urged on Monday that central banks take into consideration slowing inflation when they meet next week to set interest rate. He warned that Russia's cooling economic is showing signs "hypothermia".

Official: US not convinced by lower G7 price cap for Russian oil

Posted to Maritime Reporter on May 22, 2025

An official from Europe said that on Thursday, the United States was "not convinced" by the idea of lowering the price cap for Russian crude oil set by the Group of Seven Nations (G7). The European Union proposed lowering the cap to a level indicative of $50 per barrel.

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