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BHP's Iron Ore Production Misses Estimates Due to Maintenance Works

Posted to Maritime Reporter on October 20, 2025

BHP Group's iron ore production in the first quarter of this year was a little below estimates, according to a report released on Tuesday. This is because planned maintenance at Port Hedland - including the rebuilding of an equipment - impacted its operations in Western Australia.

China's crude storage flow slumped in September: Russell

Posted to Maritime Reporter on October 20, 2025

China's crude stockpile flow dropped dramatically in September, as lower imports combined with increased refinery processing reduced the excess that was available to store. China's crude oil surplus was 570,000 barrels a day (bpd), down from 1,01 million bpd, in September.

Thyssenkrupp and Jindal in 'intensive' discussions over the sale of steel unit

Posted to Maritime Reporter on October 20, 2025

Thyssenkrupp's CEO confirmed that the German conglomerate is in "intensive" talks with Jindal Steel International about the Indian group’s interest in the steel business. He called it a "good collaboration", but warned that the discussions might take some time.

What is AUKUS, the submarine partnership between Australia and Britain?

Posted to Maritime Reporter on October 20, 2025

Australia, Britain and the United States announced that they would transfer nuclear-powered submarines to Australia in 2021. Two years later, an ambitious plan was detailed to support the U.S. effort to counter China’s naval ambitions throughout the Indo-Pacific. The U.S.

The latest sign of the boom in defence assets is TKMS, a shipbuilder that has just made its stock market debut.

Posted to Maritime Reporter on October 20, 2025

TKMS, a shipbuilder, began trading on the stock market at 60 euros ($69.95), valuing it higher than expected, with a valuation of 3.8bn euros. This is due to a boom in global defence. The listing is part of a strategy by German parent Thyssenkrupp…

The latest sign of the boom in defence assets is the debut of TKMS on stock exchange

Posted to Maritime Reporter on October 20, 2025

TKMS, a German shipbuilder, will debut on the Frankfurt stock exchange Monday. This is part of a larger plan by Thyssenkrupp's parent company to streamline its structure in order to take advantage of the growing global demand for defence assets.

China's crude storage flow slumped in September: Russell

Posted to Maritime Reporter on October 20, 2025

China's crude stockpile fell sharply in September, as a result of lower imports and increased refinery processing. According to calculations based upon official data, China's crude surplus in September was 570,000 barrels a day (bpd), down from 1,01 million bpd during August.

British women row non-stop for 8,000 miles across the Pacific

Posted to Maritime Reporter on October 19, 2025

Two British women completed an 8 213 nautical mile nonstop row across Pacific Ocean. They arrived in Cairns, Australia after a nearly six-month journey from Peru. Miriam Payne, Jess Rowe and their crew spent 15 hours a day rowing to be the first female-only pair to accomplish this feat.

Two more deaths in separate rescues after a migrant boat capsizes near Lampedusa.

Posted to Maritime Reporter on October 19, 2025

UNICEF's country coordinator in Italy reported on Sunday that a boat containing around 35 migrants from Libya sank in the central Mediterranean, leaving one person confirmed dead and another two dozen people missing. UNICEF's Nicola Dell'Arciprete…

One dies, dozens missing in shipwreck off Italy's Lampedusa

Posted to Maritime Reporter on October 19, 2025

UNICEF's country coordinator in Italy reported on Sunday that a boat carrying 35 migrants from Libya capsized near the center of the Mediterranean, leaving one person confirmed dead and another two dozen people missing. UNICEF's Nicola Dell'Arciprete…

EU wants a maritime declaration to inspect Russia’s shadow fleet

Posted to Maritime Reporter on October 19, 2025

A document from the European Union's diplomatic branch, the EEAS (European External Action Service), shows that it is urging its member states to support a maritime declaration which would allow EU countries working with flag state to arrange inspections of Russia's shadow fleet of oil tankers.

State Dept. says that Chinese sanctions against Hanwha US shipbuilding units are meant to 'coerce South Korea'.

Posted to Maritime Reporter on October 16, 2025

The Chinese sanctions on U.S. Hanwha Ocean affiliates this week are intended to undermine South Korea's cooperation with the United States and "to force" Washington's Asian allies, according to a spokesperson for the U.S. State Department on Friday.

Chinese freighter cuts EU delivery time in half on first Arctic voyage to UK

Posted to Maritime Reporter on October 14, 2025

State-run news agency Xinhua reports that a Chinese container ship completed a pioneering voyage through the Arctic and into a UK port. This journey cut in half the transit time of the electric vehicles aboard the ship, as well as the solar panels, which were destined for Europe.

EasyJet's shares rise after traders cite a report on bid interest

Posted to Maritime Reporter on October 14, 2025

The shares of budget airline easyJet rose as much as 11,5% on Tuesday. Traders cited an Italian media report about possible bid interest by global container shipping company MSC. In a statement, a Mediterranean Shipping Company spokesperson denied any involvement in the matter.

Radiant World now deals in metals as well as iron ore

Posted to Maritime Reporter on October 14, 2025

Radiant World, an Indian commodity trader, has hired Liam Brown and Louis McCauley to expand its industrial and precious-metals trading business. McCauley previously worked for Citi, Credit Agricole, and Goldman Sachs, and Brown traded industrial metals.

Sources: Caspian Pipeline Consortium increases oil exports by 9% in September m/m.

Posted to Maritime Reporter on October 13, 2025

According to two industry sources, the Caspian Pipeline Consortium increased its oil exports by 9% per day in September compared to August, to 6.6 millions metric tons or 1.75million barrels daily. CPC exports oil via a pipeline that carries over 80% of all Kazakh crude oil exports.

Russia denies that a submarine malfunctioned and surfaced near France

Posted to Maritime Reporter on October 13, 2025

Russia denied on Monday that its submarine was experiencing technical difficulties after it surfaced near the northern French coast. NATO's Maritime Command released photos on October 9, claiming to show a French Navy frigate observing a Russian…

South Korea's minister of defense says that North Korea received likely help from Russia in the form of submarines.

Posted to Maritime Reporter on October 12, 2025

South Korean defense minister Ahn Gyu back told the parliament on Monday that North Korea likely received technical assistance from Russia in its submarine development. North Korea has pledged to develop submarines capable of launching ballistic missiles.

The Russian oil exports to western ports will remain near record levels in October

Posted to Maritime Reporter on October 10, 2025

The differential between Brent and Urals crudes dated Friday remained stable, but Russia's oil imports from western ports are expected to remain close to their record high for October, according both to industry sources as well as calculations.

Trump and Finland’s Stubb approve a deal for icebreaker vessels

Posted to Maritime Reporter on October 9, 2025

U.S. president Donald Trump and his Finnish counterpart Alexander Stubb signed an agreement Thursday that will allow the U.S. Coast Guard up to eleven icebreakers to enhance U.S. security in the Arctic. Trump and Stubb established friendly relations since Trump gained power in January.

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