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July 31, 2025
Initial assessments by traders indicated that the lowest price offered during the first round of tendering from Turkey's TMO state grain board to purchase and import 225,000 metric tons animal feed barley was $234.90 per ton c&f. They said that no purchase had been reported…
Posted to Maritime Reporter
on
July 31, 2025
Initial assessments by traders indicated that the lowest price offered during the first round of tendering from Turkey's TMO state grain board to purchase and import 225,000 metric tons animal feed barley was $234.90 per ton c&f. They said that no purchase had yet been reported…
Posted to Maritime Reporter
on
July 30, 2025
Monaco Yacht Club won the Admiral's Cup for the first time on Wednesday. They were the first team to win the prize from the Principality after a long series of races that culminated with the Fastnet Race. Monaco won the Fastnet final after a fierce battle in six inshore races on the Solent.
Posted to Maritime Reporter
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July 30, 2025
The regional emergency service reported on Wednesday that two British brothers, aged 11 and 13, drowned in the sea off the Spanish coast of Llarga, Catalonia. Their father, who had tried to save the boys, was rescued and survived. In a statement…
Posted to Maritime Reporter
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July 30, 2025
Three sources familiar with the decision announced on Wednesday that Chevron had been granted a limited U.S. operating license in Venezuela sanctioned by the United States. They added that money from oil revenues could not be transferred to the Venezuelan government of President Nicolas Maduro.
Posted to Maritime Reporter
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July 30, 2025
Fincantieri, an Italian shipbuilder, reported on Wednesday that its core profits grew by 45% and revenues by 24% in the first six months of 2025. The key defence and undersea businesses saw particularly strong growth. The order book of the company…
Posted to Maritime Reporter
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July 30, 2025
Nippon Steel and Vestas Wind Systems, a Danish wind turbine manufacturer, signed a memorandum of cooperation on Wednesday. The agreement outlines the supply of steel for Vestas wind towers in Europe, Asia, and Japan, according to Japan's Industry Ministry.
Posted to Maritime Reporter
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July 30, 2025
Greek sources reported on Wednesday that Libyan coastguard officers had begun training on the Greek Island of Crete, as part of an effort to improve cooperation between the two countries and stem the surge of migrants arriving. The maritime boundary agreement…
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.
Posted to Maritime Reporter
on
July 29, 2025
Elodie bonafous carved a piece of offshore racing into history on Tuesday. She became the first woman in the IMOCA category to win the Rolex Fastnet Race, after a nail biting duel which went to the end. After more than two racing days in a record-breaking 444-strong crew…
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on
July 29, 2025
Monaco's Black Jack 100 played perfectly on Tuesday, taking monohull line honors in the 100th anniversary Rolex Fastnet Race. This rounded off a fiercely-contested few days, which saw record fleets and tight margins. Underdogs pushed giants across 695 nautical mile of testing waters.
Posted to Maritime Reporter
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July 29, 2025
Chubu Electric Power announced on Tuesday that its C-Tech division is still reviewing with its partner the feasibility of domestic off-shore wind projects and hopes to finish the assessment by the end of the summer. Mitsubishi Corp and C-Tech were selected in 2021 to develop three offshore projects…
Posted to Maritime Reporter
on
July 29, 2025
Koo Yun Cheol, South Korean Finance minister, said on Tuesday that he will seek a trade agreement with mutual benefits when he meets U.S. Treasury Sec. Scott Bessent this week for discussions. This is just days before the August 1 deadline to avoid tariffs expires.
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July 28, 2025
SVR Lazartigue won the 2025 Rolex Fastnet Race, a record-breaking race that will take place in France. The sleek blue trimaran was the first to arrive at Cherbourg from the 444 strong fleet. The 32-metre foiling Ultim, skippered by Tom Laperche…
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on
July 28, 2025
Nordex, a manufacturer of wind turbines, reported earnings for the second quarter that exceeded analysts' expectations. German onshore turbine company reported earnings before interest tax, depreciation, and amortization (EBITDA), of 108.2 millions euros ($127.09million)…
Posted to Maritime Reporter
on
July 27, 2025
Russian authorities reported that Ukrainian drones attacked St. Petersburg Sunday. The airport was forced to close for 5 hours during Vladimir Putin's celebration of Russia's Navy Day. This occurred despite the fact that the naval parade had been cancelled earlier due to security reasons.
Posted to Maritime Reporter
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July 26, 2025
Australia's Government said Saturday that it had signed a Treaty with Britain in order to strengthen cooperation for the next 50 Years on the AUKUS Nuclear Submarine Partnership. AUKUS, the pact signed by Australia, Britain, and the U.S.A. in 2021…
Posted to Maritime Reporter
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July 25, 2025
The chairman of Russia's State Shipbuilding Corporation told Kommersant in comments published Friday that the Admiral Kuznetsov aircraft carrier, which is 40 years old, will likely be sold or scrapped. Andrei Kostin made his remarks after a…
Posted to Maritime Reporter
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July 25, 2025
Shipyard workers stopped their operations in Perama (16 km/10 miles) south of Athens on Friday, as the Mediterranean nation was stricken by a heatwave that is now the third longest this summer. Temperatures in the west reached a high of 44 degrees Celsius on Friday ahead of Sunday's predicted drop.
Posted to Maritime Reporter
on
July 25, 2025
European traders reported on Friday that the Turkish state grain board TMO had issued an international tender for the purchase and import of about 225,000 metric tonnes of animal feed barley. The deadline to submit price proposals in the tender is 31 July.
