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Clipper crews face Roaring Forties crews in round-the-world race

Posted to Maritime Reporter on November 16, 2025

On Sunday, ten amateur crews participating in the fourth Stage of the 2025/26 Clipper Around the World Race left the safety of Cape Town and headed to the notorious "Roaring Forties". The race organizers acknowledge that the leg from Western…

Taiwan's MFIG offers to purchase up to 65,000 metric tonnes corn

Posted to Maritime Reporter on November 11, 2025

HAMBURG (Germany), Nov. 11 - Taiwan’s MFIG buying group has announced an international tender for up to 65,000 metric tonnes of animal feed corn that can be sourced in the United States, Argentina Brazil or South Africa. According to the sources…

Ambrey: Pirates board a Malta-flagged product tanker off Somalia

Posted to Maritime Reporter on November 6, 2025

Ambrey, a maritime security company, reported on Thursday pirates had boarded a tanker flying the Malta flag off the coast of Somalia. Ambrey, in a statement, said that pirates had approached the tanker on a skiff. They then opened fire. The pirates operated from a hijacked Iranian flagged dhow.

Taiwan's MFIG offers to purchase up to 65,000 metric tonnes corn

Posted to Maritime Reporter on October 14, 2025

European traders reported on Tuesday that Taiwan's MFIG buying group had issued an international tender for up to 65,000 metric tonnes of animal feed corn, which could be sourced in the United States, Argentina Brazil or South Africa. They said…

First female crew wins Lipton Challenge Cup

Posted to Maritime Reporter on August 30, 2025

Hermanus Yacht Club won the Lipton Challenge Cup in Cape Town, South Africa, for the first time ever. The sailing regatta has been held since 1909 and is steeped with history. The five-day regatta was hosted by the defending champion Royal Cape Yacht Club, Africa's premier regatta.

South Africa: US pushback on domestic race policies complicates trade deal

Posted to Maritime Reporter on July 29, 2025

A senior South African diplomat stated on Tuesday that U.S. requirements on domestic affirmative actions policies are complicating efforts to achieve a trade agreement, just days before a tariff of 30% on South African exports into the U.S. comes into effect.

Hapag-Lloyd claims it can deal with U.S. - China tariffs

Posted to Maritime Reporter on February 5, 2025

Hapag-Lloyd, a container shipping liner, will be able cope with U.S. Tariffs on Chinese Products. This was the chief executive's message to reporters on Tuesday. Rolf Habben Jansen, CEO of Rolf Habben Jansen, said that it was too early to panic…

Russell: Iron ore remains calm despite China's uncertainty and US tariff turmoil

Posted to Maritime Reporter on July 8, 2025

In recent months, iron ore prices have remained stable despite increasing uncertainty about the future of the steel raw material. The benchmark Singapore Exchange contract closed at $95.25 per metric ton Monday. This is down from $95.89 the previous day…

SailGP wins consecutive victories in New York with Spain

Posted to Maritime Reporter on June 8, 2025

On Sunday, the reigning champions Spain gave a strong performance in the second round of SailGP. They beat New Zealand and France to win the final race at New York. The season has now reached its halfway point. Diego Botin’s team, fresh off…

South Africa's Transnet gets $2.8 billion government guarantee

Posted to Maritime Reporter on May 22, 2025

The transport ministry announced on Thursday that the South African government had agreed to provide a 51 billion rand ($2.8billion) guarantee facility for Transnet, a state-owned logistics company in financial trouble. Transnet has been struggling…

ArcelorMittal South Africa delays plant closure following $92 million injection

Posted to Maritime Reporter on March 31, 2025

ArcelorMittal South Africa has announced that it will delay the closure of the long-steel plants in its loss-making state until August 31, after receiving a $191.50-million injection from the Industrial Development Corporation. After failing to receive concessions from the government on its demands…

ArcelorMittal South Africa has entered into discussions to delay the closure of a long-running steel plant

Posted to Maritime Reporter on March 19, 2025

ArcelorMittal South Africa announced on Wednesday that it was in discussions with the government and others parties about funding to delay the planned closing of its long-stack steel operation. After discussions with the government, the steelmaker…

Hungary's Weores withdraws from Vendee Globe due to damage to the boat

Posted to Maritime Reporter on December 16, 2024

Szabolcs WEORE, New Europe Hungarian skipper, has pulled out from the Vendee globe due to irreparable damages to his boat. Organisers of the solo non-stop unassisted sailing around the world competition announced this on Monday. Weores' IMOCA shroud…

S.Africa's Thungela sees coal output jump as rail performance improves

Posted to Maritime Reporter on December 10, 2024

enhanced rail logistics in South Africa. target range of 11.5-12.5 million tons. August. Thungela said enhanced rail efficiency had actually made it possible for a. step-up in efficiency at its Khwezela and Zibulo mines, while. better than expected progress made in passing through geological.

Hapag-Lloyd CEO says Trump's election win is a mixed bag for shipping

Posted to Maritime Reporter on November 14, 2024

Hapag-Lloyd's CEO said that Donald Trump's election as U.S. president sends mixed signals to global shipping. Positive macroeconomic effects could be offset by damaging tariffs. When asked about the prospects of a Trump Administration, CEO Rolf Habben Jansen said…

A boat crash on Congo's Lake Kivu has resulted in the recovery of 23 bodies.

Posted to Maritime Reporter on October 3, 2024

On Thursday, Colonel Molatelo Motau of SADC's mission in Democratic Republic of Congo announced that 40 people were rescued and 23 bodies recovered following a boating accident on Lake Kivu. Video seen by showed the boat tipping sideways and then capsizing in calm water.

Transnet, South Africa's largest transport company, reports higher losses in the latest financial year

Posted to Maritime Reporter on September 2, 2024

Transnet, the state-owned South African logistics group, reported a loss of 7.3 billion Rand ($408,72 million) for the year ending March 2024. This is up from a loss of 5.1 billion Rand a year before. Transnet, a debt-laden company, has been…

Kumba to invest even more $428 mln in iron ore processing plant upgrade

Posted to Maritime Reporter on August 29, 2024

South Africa's Kumba Iron Ore. will invest an extra 7.6 billion rand ($ 428. million) in processing technology that will treble premium. quality production at its Sishen mine, it said on Thursday. The Anglo American system said the extra financial investment.

Hapag-Lloyd's global order book is expected to increase, but not at a worrying level

Posted to Maritime Reporter on August 14, 2024

According to the German container liner Hapag Lloyd, who spoke with analysts on Wednesday, the global order book for ships, which represents 18% of the fleet of the world, will increase but at a reasonable rate. "I expect that the 18% which is not a concern…

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on August 11, 2024

After a successful Games in France that helped revive the Olympic brand, Paris has handed the baton over to Los Angeles. In a nail-biting women's basketball match against France, the United States won the final gold medal of the Games and moved ahead of China on the medal table.