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China claims to have intercepted Philippine vessels at disputed South China Sea Shoal

Posted to Maritime Reporter on September 15, 2025

China's Coast Guard said Tuesday that it had taken "control measures" against a number of Philippine vessels near the disputed Scarborough Shoal, in the South China Sea. Beijing is strengthening its territorial claims and maritime right in the contested area.

Brazil's Prio receives license to operate Wahoo's oil field's undersea pipelines

Posted to Maritime Reporter on September 15, 2025

Brazilian oil company Prio received an installation licence from Brazil's environment agency Ibama for hooking up wells in its Wahoo fields to its offshore production platforms, the company announced on Monday. The company said that it expected…

New Hope, an Australian coal miner, reports a 7.7% decline in annual profits

Posted to Maritime Reporter on September 15, 2025

New Hope Corporation, an Australian coal miner, posted a 7.7% decline in its annual profit, missing expectations, as lower realized pricing outweighed increased sales volume. The company's average sales price was A$157 per tonne, down 14.3% from the previous year.

Sources say Vitol and Sunoco have taken the first shipment of gasoline from Nigerian Dangote to US.

Posted to Maritime Reporter on September 15, 2025

According to data from vessel tracking and two sources with knowledge of the situation, Vitol, a top global oil trader and Sunoco North American fuel distributor took delivery on Monday of the first U.S. gasoline imports from Nigeria's newly built Dangote refinery.

Sources say that at least 40 fuel tanks were destroyed in an attack linked to al-Qaeda in Mali.

Posted to Maritime Reporter on September 15, 2025

Two sources reported on Monday that at least 40 fuel tanks were destroyed on Sunday in Mali when al Qaeda insurgents, who had declared a fuel blockade in the country, attacked a convoy consisting of over 100 vehicles with military escort. A…

Rheinmetall buys warship manufacturer NVL as part of its latest expansion drive

Posted to Maritime Reporter on September 15, 2025

Rheinmetall announced late Sunday that it had reached an agreement with Luerssen Group to purchase the military division of Luerssen Group, NVL. The German defence group is looking to expand its European operations. Rheinmetall's move, which is the largest ammunition manufacturer in Europe…

Pakistan purchases 100,000 tons of sugar and then tenders for another 100,000 tons

Posted to Maritime Reporter on September 15, 2025

Trading Corporation of Pakistan, a state-owned agency in Pakistan, has announced a new international bid to buy 100,000 metric tons of refined white sugar. It is also believed that 100,000 tons were purchased last week through a previous tender.

Orsted, the offshore wind group, offers a 67% discount on $9.4 billion rights issue

Posted to Maritime Reporter on September 15, 2025

Orsted, a Danish offshore wind developer, said Monday that it priced its $9.42-billion rights issue at $66.6 crowns per share ($10.46), representing a discount of 66.7% to the closing price of Friday's stock. Orsted received shareholder approval earlier this month for the capital raising…

UK Government and industry invest more than 1.1 billion pounds into maritime sector

Posted to Maritime Reporter on September 14, 2025

On Monday, the UK Government announced that the UK government and the industry plan to invest jointly over 1.1 billion pound ($1.5 billion) into the maritime sector. The government stated that the investment would unlock growth and create jobs in coastal communities throughout the UK.

Rheinmetall buys NVL, the military arm of German shipbuilder

Posted to Maritime Reporter on September 14, 2025

Rheinmetall, a German defence group, announced on Sunday that it had signed an agreement with Luerssen Group for the acquisition of Naval Vessels Luerssen's military division. The move was intended to expand into naval shipbuilding. It said…

Australia announces that the US will be able to access Western Australia's nuclear submarine shipyard

Posted to Maritime Reporter on September 13, 2025

Richard Marles, the Australian Minister of Defence, said that the United States could use the planned defence facilities in Western Australia for the delivery of submarines as part the AUKUS nuclear sub deal. On Saturday, the government announced…

Australia invests $8 billion in a nuclear submarine shipyard

Posted to Maritime Reporter on September 13, 2025

Australia announced on Saturday that it will spend A$12 Billion ($8 Billion) to build defence facilities in Western Australia for the delivery of submarines under AUKUS Nuclear Submarine Deal. AUKUS, the pact signed by Australia, Britain, and the U.S.A.

South Korea's MFG wins corn tender worth 70,000 tons, traders claim

Posted to Maritime Reporter on September 12, 2025

Major Feedmill Group, a South Korean company, is said to have rejected every offer and not made any purchase at an international auction to buy animal feed corn up to 70,000 tons on Friday. Prices were considered too high. The lowest estimate was $234.40 per ton…

South Korea's MFG receives offers for 70,000 tons of corn, traders claim

Posted to Maritime Reporter on September 12, 2025

European traders estimated that the lowest price offered by Major Feedmill Group of South Korea (MFG) in its international tender to purchase up to 70,000 tons of animal feed grain on Friday was $234.40 per metric ton, c&f. Pan Ocean, a trading house…

Nine people killed when boat capsizes during floods in Pakistan, according to authorities

Posted to Maritime Reporter on September 12, 2025

Authorities in Pakistan said that at least nine people were killed when a rescue vessel capsized while assisting with flood relief. A statement by the Punjab Disaster Management Authority stated that the incident occurred in a village in the eastern province of Punjab…

US sanctions against Yemeni Houthis increase

Posted to Maritime Reporter on September 12, 2025

The United States announced a new round of sanctions on Yemen's Houthis, claiming that it was the largest action Washington has taken against the Iran-aligned organization. The U.S. Treasury Department announced that it would issue sanctions against 32 people and entities…

Sources say that Prefchem Malaysia sells more fuel as its refining unit is still closed.

Posted to Maritime Reporter on September 12, 2025

Market sources report that Malaysia's Pengerang Refining Company, or Prefchem, has sold more fuel oil with low sulphur straight runs (LSSRs) in a Friday-closed tender, due to the fact that a refinery that processes this fuel remained closed.

Officials confirm that there was no threat of a shooter at the US Naval Academy in Maryland.

Posted to Maritime Reporter on September 11, 2025

The U.S. Naval Academy was not under threat from a shooter, according to military personnel and local police. A U.S. Navy official confirmed that the Naval Academy in Annapolis was put on lockdown Thursday because of reports about security threats.

China's latest aircraft carrier navigates the sensitive Taiwan Strait

Posted to Maritime Reporter on September 11, 2025

China's most advanced and third aircraft carrier, the Fujian, has recently passed through the Taiwan Strait. This is the waterway that separates China and the democratically-governed island of Taiwan. The carrier has not yet officially entered service. It began sea trials in the last year.

U.S. Naval Academy of Maryland is placed under security lockdown

Posted to Maritime Reporter on September 11, 2025

The U.S. The U.S. No official statement was made on the reported threat. Fox News, citing several sources within the academy, reported that a former midshipman expelled from school returned to the campus with a gun. Fox News reported that gunshots…