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Yonhap reports three dead in fishing boat capsize off South Korea

Posted to Maritime Reporter on September 16, 2024

Five people were rescued and three died when a fishing vessel capsized off the west coast of South Korea. The coast guard reported this on Monday. Yonhap reported that two South Koreans, and one Indonesian were among the dead. His office reported…

China condemns German Navy's transit through Taiwan Strait

Posted to Maritime Reporter on September 14, 2024

China's military condemned Saturday the transit of two German Navy ships through the Taiwan Strait, saying that it increased security risk and sent the "wrong signal". Chinese forces also monitored and warned vessels. China, which claims democratically-governed Taiwan as its territory…

Philippines anglers call for justice after oil tanker sinks

Posted to Maritime Reporter on September 12, 2024

LIMAY, Philippines, Sept 12 (Thomson Reuters Foundation). - E fren Dominico has actually been a fisherman in the Bay of Manila in. the Philippines for 43 years and survived many storms, but. absolutely nothing prepared him for the day when an oil tanker sank off the.

The Russian Sept loading plan has been revised by 0.2 million t to reach 6.2 million t

Posted to Maritime Reporter on September 12, 2024

Market sources say that the crude oil loading plan for Russia from the Baltic port of Primorsk & Ust-Luga has been revised up by 0.2 million metric tons in September to 6.2 millions tons. Rosneft is Russia's biggest oil company. It has added 200…

Data shows that Russia increased LPG rail exports from China to Russia by 40% between January and August.

Posted to Maritime Reporter on September 12, 2024

Calculations based on data and industry sources showed that Russian rail exports of liquefied gas to China increased by almost 40% in the period January to August, to 184,000 tons. Russian Railways imposed restrictions to ease bottlenecks in May and early June…

The rift between China and the Philippines over South China Sea has deepened

Posted to Maritime Reporter on September 12, 2024

Under Ferdinand Marcos Jr., the relationship between Manila and Beijing has soured. Manila is now turning back to the United States for support in its maritime disputes against China. JAN 3: The Philippines and United States conduct their second joint patrol of the South China Sea…

Hanhwa, a S.Korea-based company, intends to acquire full control of Dyna-Mac in Singapore

Posted to Maritime Reporter on September 11, 2024

Hanhwa Group, a South Korean conglomerate, has offered to buy all the shares in Dyna-Mac Holdings that it does not already own. This would value the offshore oil-and-gas contractor at S$669.2million ($513.90million). Hanhwa units Hanhwa Aerospace, and Hanwha Ocean own 25,4% of Dyna-Mac.

China's crude oil imports in August fell 7% due to weak demand and margins at the refineries

Posted to Maritime Reporter on September 10, 2024

Customs data released on Tuesday showed that China's crude imports fell by 7% in August compared to the same period last year. This was due to weak refining margins, low fuel consumption, and a continued decline in demand. However, shipments have recovered from their lows.

QatarEnergy Orders Six More LNG Ships from China State Shipbuilding

Posted to Maritime Reporter on September 9, 2024

QatarEnergy announced on Monday that it had signed a contract with China State Shipbuilding Corporation for the purchase of six ultra-large vessels to transport liquefied gas. This brings its total number of such vessels on order up to 128.

Media report that six bodies were found near the coast of Sicily, and they are likely victims of a recent shipwreck involving migrants.

Posted to Maritime Reporter on September 8, 2024

Italian media reported that the Italian coast guard had recovered six bodies near the coast of Sicily. The bodies are believed to be among the 21 people who were missing after a shipwreck involving migrants earlier in the month. Italian Coast Guard said that on Wednesday…

FLC, a South Korean company, buys corn up to 68,000 t from the U.S.

Posted to Maritime Reporter on September 6, 2024

The Feed Leaders Committee of South Korea (FLC) bought between 66,000 and 68,000 metric tonnes of animal feed corn that was expected to come from the United States on Thursday in a late private deal without issuing a tender to international buyers, European traders reported on Friday.

"I've got you back," Taiwan's president tells warship sailors in combat readiness

Posted to Maritime Reporter on September 6, 2024

Lai Ching Te, Taiwan's president, told sailors on a warship that was ready for combat at a major naval base in the Taiwan Strait Friday that he would have their backs. He thanked them for protecting Taiwanese safety at a moment of increased tensions with Beijing.

Ukraine holds follow-up meeting on peace summit to address food security

Posted to Maritime Reporter on September 5, 2024

Ukraine announced that 75 countries and organizations have agreed on a "shared view" of the measures needed to guarantee an uninterrupted supply of Ukrainian agricultural goods and contribute to global food security. This is a major concern after Russia's invasion in 2022.

Traders say a group in Thailand purchased approximately 146,000 T of feed wheat.

Posted to Maritime Reporter on September 5, 2024

A group of importers in Thailand purchased approximately 146,000 metric tonnes of animal feed wheat from optional origins during a Wednesday-closed tender, European traders reported on Thursday. According to reports, the purchase involved two consignments of 73…

Seven migrants rescued and 21 still missing after shipwreck near Lampedusa, Italy

Posted to Maritime Reporter on September 4, 2024

Italian media and U.N. officials reported on Wednesday that seven people had been rescued, and 21 were still missing after a shipwreck of migrants off the coasts of Lampedusa and the Italian island. Reports said that the survivors were Syrians…

Myanmar rice is the lowest priced in Indonesian tender, traders claim

Posted to Maritime Reporter on September 3, 2024

European traders reported on Tuesday that the lowest price in an international tender by Indonesian state purchasing agency Bulog for up to 350,000 tons of rice, was $545 per ton (cost and freight) for rice that is expected to come from Myanmar.

India's road ministry looks for tax cuts for flexi-fuel vehicles

Posted to Maritime Reporter on September 2, 2024

think about lowering taxes on flexiblefuel lorries as part of a. drive to cut carbon emissions in the world's 3rd greatest oil. consuming nation. Road Transportation Minister Nitin Gadkari said the goods and. services tax (GST) on flexi-fuel automobiles need to be cut to 12%,.

Peter Apps: The stretched US Navy looks at risky waters in the South China Sea

Posted to Maritime Reporter on September 2, 2024

While two U.S. carrier battle groups were patrolling the Indian Ocean in an effort to prevent Iran from attacking Israel and sparking major regional conflict this week, a different military message was being sent out in a luxurious conference centre in Manila. Every year, the U.S.

Hvaldimir, a Russian spy whale found dead in Norway

Posted to Maritime Reporter on September 2, 2024

According to the non-profit organization that monitored the whale, a beluga whale suspected of spying on behalf of Russia and discovered in Norwegian waters 5 years ago was found dead. A father and son were fishing in southern Norway when they…

China and Philippines accuse one another of ramming vessels in South China Sea

Posted to Maritime Reporter on August 31, 2024

China and the Philippines both accused the other of ramming one another's ships in a disputed part of the South China Sea, in the latest of an increasing number of clashes along this vital waterway. China's coastguard said that a Philippine…

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