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UK maritime agency reports that a vessel off the coast of Yemen reported a missile hitting nearby sea.

Posted to Maritime Reporter on November 18, 2024

The United Kingdom Maritime Trade Operations said that a vessel located 60 nautical miles south of Yemen's Aden reported a missile splashing in the water within its proximity on Monday. UKMTO said that both the vessel and crew were in safety.

After suspension of traffic due to vessel rudder malfunction, Bosphorus traffic will resume in Turkey

Posted to Maritime Reporter on November 17, 2024

The Transportation Ministry reported that the Nazann tanker with a length of 114 metres had a rudder problem. This caused the suspension of both directions in the Bosphorus Strait in Istanbul. The coast guard sent tugboats to the strait after the vessel had mechanical issues.

Peru and Japan strengthen their ties through defense and mining agreements

Posted to Maritime Reporter on November 17, 2024

On Sunday, Peru's President signed agreements with her Japanese counterpart following a visit by the two leaders shortly after the Asia-Pacific Economic Cooperation Summit hosted in Lima. The agreements were inked by Peruvian President Dina Boluarte, and Japanese Prime Minister Shigeru Ishiba.

UK maritime authority: Ship near Yemen reports missiles fell into Red Sea nearby

Posted to Maritime Reporter on November 17, 2024

The United Kingdom Maritime Trade Operations agency (UKMTO), which is responsible for coordinating the UKMTO's maritime trade operations, said that a ship traveling through the Red Sea, 25 nautical miles west from Al-Mukha in Yemen, reported…

DFDS has agreed to purchase transport network from Turkey’s Ekol

Posted to Maritime Reporter on November 15, 2024

Danish logistics and shipping firm DFDS announced on Friday that it has agreed to purchase the international transport network of Turkey's Ekol Logistics, overturning a two-week-old decision to cancel the deal. DFDS stated that the acquisition was finalized after renegotiating some terms.

Abu Dhabi continues to outperform as IHC extends its gains

Posted to Maritime Reporter on November 15, 2024

The stock markets of the United Arab Emirates rose Friday. Abu Dhabi's Index outperformed the other two due to a rise in shares by its largest listed company, International Holding Company. Abu Dhabi's benchmark Index settled 0.5% higher thanks…

China claims Philippines sent supplies to disputed Shoal

Posted to Maritime Reporter on November 14, 2024

China claimed on Friday that the Philippines sent supplies to an stranded warship at Second Thomas Shoal in the South China Sea, which is a disputed island. In a separate press release, the Phlippine Coast Guard stated that it had rotated the…

Jordanian traders claim that they will buy up to 120,00 T of feed barley.

Posted to Maritime Reporter on November 14, 2024

European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price offers for the tender is November 20. Jordan's failure to purchase 120…

South Korea's MFG purchased around 65,000 feed grains from the U.S.

Posted to Maritime Reporter on November 14, 2024

Major Feedmill Group, a South Korean company, purchased approximately 65,000 metric tonnes of animal feed wheat from the United States on Wednesday in a deal that was not subject to an international tender. A consignment of a shipment was purchased for an estimated $261.74 per ton c&f…

Russian rescuers bring a killer whale back to the sea

Posted to Maritime Reporter on November 14, 2024

The Russian emergency situation ministry announced that on Thursday, Russian rescuers brought back a young female killer whaling to the Sea of Okhotsk after it washed up in the Far East. The ministry released a video showing a killer whale stranded on sand that was covered in snow.

As Russian trade spreads, EU wheat exports move westwards

Posted to Maritime Reporter on November 13, 2024

Traders said that the European Union is increasingly focusing its wheat exports on the west side of Africa, after Russia dominated major markets in North Africa and Middle East. EU shipments of soft wheat or common wheat are 30 percent below their previous year's level.

Senior Russian Naval officer killed in car explosion claimed by Kyiv

Posted to Maritime Reporter on November 13, 2024

On Wednesday, a bomb placed under a car in the occupied Crimean city of Sevastopol exploded and killed a senior Russian navy officer. A Kyiv-based security source claimed that this was an attack by Ukraine on its most important target to date.

South Korea's MFG purchases 60,000 metric tonnes soymeal from traders

Posted to Maritime Reporter on November 13, 2024

Major Feedmill Group of South Korea (MFG) bought about 60,000 tons of soymeal on Wednesday in a private transaction, without an international tender. The estimated cost and freight per ton was $373.42, including the surcharge for port unloading. Trading house Olam was thought to be the seller.

South Korea's NOFI purchases about 60,000 T of soymeal from traders

Posted to Maritime Reporter on November 13, 2024

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc. purchased approximately 60,000 metric tonnes of soymeal at an international auction on Wednesday. The estimated price was $379.49 per ton, cost and freight included.

Senior Russian Naval officer killed in car explosion claimed by Kyiv

Posted to Maritime Reporter on November 13, 2024

On Wednesday, a bomb placed under a car in the occupied Crimean city of Sevastopol exploded and killed a Russian soldier. A Kyiv-based security source claimed that this was an attack by Ukraine on a senior naval officer accused of war crime.

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

Posted to Maritime Reporter on November 13, 2024

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from any origin, European traders reported on Wednesday. The deadline to submit price proposals in the tender is November 19.

Novorossiisk oil loadings fell by 19% in Nov.

Posted to Maritime Reporter on November 12, 2024

Two people familiar with the plan on Tuesday said that oil exports from Russia’s Black Sea Port of Novorossiisk will decline from 2.42 millions metric tons to 1,89 million metric tonnes, or about 460,000 barrels per daily, in November, from 2,42 million tons in Oct.

Hyundai Motor India's Q2 profits drop 16.5% due to weak demand and Red Sea export disruptions

Posted to Maritime Reporter on November 12, 2024

Hyundai Motor India's first earnings report after listing revealed that the company, which is India's second largest carmaker based on market share, saw a 16.5% drop in its quarterly profit, due to lower sales at home and disruptions along the Red Sea, which hurt exports.

LSEG data shows that India and Saudi Arabia were the top two buyers of Russian VGO fuel oil and VGO in October.

Posted to Maritime Reporter on November 11, 2024

LSEG data and traders' reports show that India and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports in October decreased by 3% compared to September.

Fire breaks out aboard a Japanese navy ship. Cause under investigation

Posted to Maritime Reporter on November 10, 2024

Japan's Navy reported that a fire broke out on Sunday on a Japanese Warship near the west of the country. One crew member was hospitalised because of smoke installations, and another went missing. Japan Maritime Self-Defence Force said that…

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