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US envoy says China's presence near the Panama Canal is a security issue

Posted to Maritime Reporter on January 31, 2025

Mauricio Clever-Carone, U.S. Special Envoy for Latin America said that China's presence near the Panama Canal was a concern to Panama's national security, just days before the top U.S. diplomat Marco Rubio visited the country. Rubio is scheduled to depart for his first overseas trip on Saturday.

Denmark will stop offshore wind tenders and revamp the subsidy model

Posted to Maritime Reporter on January 31, 2025

Denmark will stop all offshore wind tenders, as the current framework that does not offer subsidies is ineffective under the current market conditions. This was announced by its Energy Minister on Friday. Cost increases, interest rate hikes…

Sources say that traders offer Russian oil for March delivery to India at a lower discount.

Posted to Maritime Reporter on January 31, 2025

After a temporary delay caused by the recent U.S. trade sanctions, which have increased trading costs, Indian sources in the refining industry said that traders have now resumed their offers to Indian refiners of Russian crude cargoes. Washington…

Kazakhstan's KMG offers BGN for up to 520,000 tonnes of CPC Blend each month

Posted to Maritime Reporter on January 31, 2025

Kazmunaigaz, a subsidiary of Kazmunaigaz Group (KMG), awarded Geneva-based BGN up 520,000 metric tonnes per month of CPC Blend in an auction for supply until 2025. Sources say that KMG sold CPC Blend Oil sourced from Tengizchevroil - an operator…

Norway Police arrests ship on suspicion Baltic Sea cable damage

Posted to Maritime Reporter on January 31, 2025

Norwegian police announced on Friday that they arrested a Norwegian vessel with a Russian crew, on suspicion of causing damage to an optical cable in the Baltic Sea. Tromsoe police, in Tromsoe city, north of Norway said that the arrest was made at the request by Latvian authorities.

Rumo, a Brazilian company, says that a conveyor belt at a grain transshipment facility caught fire

Posted to Maritime Reporter on January 30, 2025

Rumo, a Brazilian logistics company, said that a conveyor belt in a major grain transshipment facility in Mato Grosso caught fire at the early hours of Thursday morning. The fire happened at a busy season when Brazil harvests a large soybean crop and starts shipping it to China.

Morocco bans German feed grain imports due to foot-and-mouth Disease

Posted to Maritime Reporter on January 30, 2025

The head of Morocco’s grain trade federation, FNCL, announced on Thursday that the country has halted its imports of feed from Germany due to an outbreak of foot and mouth disease. Omar Yacoubi said that the import ban was imposed on "all non…

Jordan bids up to 120,000 t of feed barley for traders

Posted to Maritime Reporter on January 30, 2025

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 proposals in the tender is February 5. Traders…

What aircraft was involved in the mid-air crash that occurred in Washington DC

Posted to Maritime Reporter on January 30, 2025

Officials said that an American Airlines regional passenger plane and a U.S. Army Black Hawk chopper crashed into the icy Potomac River on Wednesday night after colliding in midair near Reagan Washington National Airport. The Sikorsky UH-60…

Financial Times - Jan 30

Posted to Maritime Reporter on January 30, 2025

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. -British car parts group Dowlais agrees $1.49 bln U.S. -Harland & Wolff’s new Spanish owner Navantia will invest…

RIA reports that the Russian nuclear icebreaker suffered damage to its hull lining in Arctic.

Posted to Maritime Reporter on January 28, 2025

The lining of a Russian nuclear-powered icebreaker was damaged while it freed a vessel trapped in Arctic waters. This was reported by the state news agency RIA on Tuesday. The vessel Fifty Years of Victory was said to be operating normally,…

Royal Caribbean predicts robust 2025 profits on strong demand

Posted to Maritime Reporter on January 28, 2025

Royal Caribbean's annual profit forecast was largely higher than analysts expected on Tuesday. The company attributed the increase to increased bookings for private cruises, as well as premium trips to the Mediterranean region and Alaska. The…

Jordan has 6 bidders in the 120,000 T wheat auction, traders claim

Posted to Maritime Reporter on January 28, 2025

Initial assessments indicate that six trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer for 120,000 metric tonnes of wheat. Participants were believed to include Viterra, Cereal Crops Ameropa Buildcom CHS Al Dahra.

In Libya, protesters disrupt oil loading at Ras Lanuf and Es Sidra ports

Posted to Maritime Reporter on January 28, 2025

Five engineers at the facility said that local protesters stopped the loading of crude oil onto tankers in the ports of Es Sidra and Ras Lanuf, Libya, on Tuesday. In a letter addressed to the state-run National Oil Corporation of the country last week…

Wall Street Journal, Jan 28,

Posted to Maritime Reporter on January 28, 2025

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. The cryptocurrency exchange KuCoin has pleaded guilty to allegations that it was operating as a money-transmitting company without a license in the U.S.

Moldovan PM: EU has provided 30 million Euros for Transdniestria gas supply

Posted to Maritime Reporter on January 27, 2025

Moldovan Prime Minster Dorin Recean announced on Monday that the European Union would provide 30 million euro ($31.5million) for the purchase and transportation of natural gas into Transdniestria - the region which has broken away from Moldova.

Russia's Ryzan oil refinery stops operations after drone strikes, sources state

Posted to Maritime Reporter on January 27, 2025

late last week, two market sources informed Reuters on Monday. They said oil storage at the refinery had actually been set ablaze. Among damaged equipment were a railway loading rack and a. hydrotreater unit utilized to get rid of impurities from improved. products.

French wheat exports fall due to poor crop, Algerian spat and Russian rivalry

Posted to Maritime Reporter on January 27, 2025

France is facing its worst wheat exports for decades due to a rift between Algeria and the European Union, a slump in Chinese demand, as well as a poor harvest. The French farmers who protested in the beginning of this year against falling incomes…

Storms in western France cause British sailors to be lost at sea

Posted to Maritime Reporter on January 27, 2025

French maritime authorities reported that a British sailor lost at sea was discovered after his yacht was wrecked near the southwest French coastline amid heavy storms on the weekend. Storm Herminia ravaged western France at the time of the search.

Two children die in Mediterranean shipwreck, 17 rescued, NGO says

Posted to Maritime Reporter on January 26, 2025

The German NGO Sea Punks reported on Sunday that 17 migrants were rescued from a shipwreck off the coast of the Mediterranean while two children perished. Sea Punks released a press release stating that the rescue occurred in the early morning…