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Mitsui OSK Lines MISC and Petronas establish joint venture for shipping liquefied CO2.

Posted to Maritime Reporter on June 17, 2025

Mitsui O.S.K., Japan's second-largest shipping company. Lines (MOL), Malaysia's Misc Bhd, and Petroliam Nasional Bhd(Petronas), have formed a joint-venture. It said Tuesday that it will operate Liquefied carbon dioxide (LCO2) carriers. MOL announced that the joint company Jules Nautica Sdn.

Taiwan seals a deal with Ukraine to test drones and combat software in order to deter China

Posted to Maritime Reporter on June 17, 2025

Taiwan signed a partnership agreement on Tuesday with U.S.-based Auterion and German-based Auterion to provide drone software that has been tested in Ukraine. The deal will help Taiwan strengthen its defences against the growing military threat from China, which is a giant neighbor.

Australia will increase aerial surveillance in the Pacific to catch illegal fishing vessels

Posted to Maritime Reporter on June 12, 2025

Tender documents seen by show reveal that Australia will significantly increase surveillance of Pacific Islands' territorial waters. The country plans to spend A$477m ($310.72m) on aerial patrols to detect illegal fishing fleets. Meanwhile, China is taking steps to send its coastguard to the area.

The majority of G7 countries are ready to lower the Russian oil price cap even without US

Posted to Maritime Reporter on June 12, 2025

Four sources with knowledge of the situation said that most countries in the Group of Seven are willing to lower the G7 cap on Russian oil if the U.S. president Donald Trump opts out. The G7 leaders will meet in Canada on June 15-17 to discuss the price caps first agreed upon in late 2022.

The majority of G7 countries are ready to lower the Russian oil price cap even without US

Posted to Maritime Reporter on June 12, 2025

Four sources with knowledge of the situation said that most countries in the Group of Seven are willing to lower the G7 cap on Russian oil if the U.S. president Donald Trump opts out. The G7 leaders will meet in Canada on June 15-17 to discuss the price caps first agreed upon in late 2022.

Trump administration reviews Biden's submarine pact between Australia and UK

Posted to Maritime Reporter on June 11, 2025

A U.S. official revealed that the Trump administration is reviewing a defense agreement worth hundreds of millions of dollars signed by former president Joe Biden with Australia and Britain, which allowed Australia to purchase conventionally-armed nuclear submarines.

South Korea's MFG purchases 68,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on June 10, 2025

Major Feedmill Group of South Korea (MFG) bought around 68,000 metric tonnes of animal feed corn on a private basis without launching an international tender on Tuesday, European traders reported. The estimated cost of the ton was $233.99, including freight.

South Korea's NOFI buys estimated 136,000 T corn, traders say

Posted to Maritime Reporter on June 10, 2025

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 136,000 metric tonnes of animal feed corn on Tuesday in an international bid seeking up to 13,88,000 tons. The corn can be purchased from South America…

Iran's SLAL has won tenders to purchase 120,000 tonnes each of corn, barley, and soymeal

Posted to Maritime Reporter on June 10, 2025

After it issued international tenders for corn, barley, and soymeal, European traders reported on Tuesday that the state-owned animal food importer SLAL in Iran had received offers of up to 120,000 metric tonnes each. They said that the deadline…

Report says satellite images show damaged North Korean ships moved to a repair port.

Posted to Maritime Reporter on June 9, 2025

According to a Washington think-tank, the North Korean destroyer which was partially capsized in a botched launch ceremony has been delivered to a ship repair facility. According to satellite images, the Center for Strategic and International Studies…

South Korea's KFA purchased about 65,000 t corn in a private deal, traders claim

Posted to Maritime Reporter on June 9, 2025

According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed in a private transaction late last week. There was no international tender. They said that the corn would be imported from South America.

Kremlin official: Putin approves major revamp of Russia’s navy

Posted to Maritime Reporter on June 9, 2025

In an interview published Monday, Kremlin assistant Nikolai Patrushev revealed that Russian President Vladimir Putin had approved a new navy strategy aimed at restoring Russia's status as one of world's foremost maritime powers. According to public rankings…

Israel orders military to intercept Greta Thunberg's yacht bound for Gaza

Posted to Maritime Reporter on June 8, 2025

Israeli Defence Minister Israel Katz instructed the military to stop a boat that was carrying activists, including Greta Thulberg of Sweden, who were planning to break an Israeli blockade to reach Gaza. The British-flagged Madleen, operated by the pro Palestinian Freedom Flotilla Coalition…

Taiwan Coast Guard military drill to better confront China's "grey zone" threat

Posted to Maritime Reporter on June 8, 2025

Taiwan's Coast Guard held drills on Sunday with the Military to better practice the joint operations against what the Government in Taipei claims is a growing threat from China. China claims the island as their own territory. Taiwan, a democratically-governed island…

Russia begins a harvesting campaign in Crimea to be completed by 2025

Posted to Maritime Reporter on June 6, 2025

A local official announced on Friday that the harvesting campaign had begun in Crimea earlier than expected. The goal is to collect 1,1 million metric tons, including 900,000.00 tons of wheat. The latest crop forecast for Crimea is lower than last year's 1.5 million ton harvest.

Philippine marine life threatened by industrial fishing

Posted to Maritime Reporter on June 6, 2025

Fishermen fear that they will now be forced to compete with large vessels on municipal waters, a 15-km (9-mile) stretch of water off the coasts of cities. Rommel Escarial (37), who has been fishing Manila Bay since he became a teenager, said that once commercial fishing vessels entered the area…

South Korea's FLC purchases about 67,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on June 5, 2025

The Feed Leaders Committee of South Korea (FLC) purchased around 67,000 metric tonnes of animal feed corn on Thursday in a private transaction without holding an international tender. The corn was bought at an estimated cost of $234.99 per ton, including freight.

Philippines and U.S. hold joint maritime exercises for the seventh time

Posted to Maritime Reporter on June 5, 2025

Manila's military said that the Philippines and United States have been sailing together in the South China Sea seven times to improve interoperability. The exercise, which was held in the waters near the provinces Occidental Mindoro, Zambales…

Jordan purchases 60,000 T of feed Barley at tender, traders claim

Posted to Maritime Reporter on June 4, 2025

European traders reported that Jordan's state grain purchaser purchased approximately 60,000 metric tonnes of animal feed barley in an international bid seeking up to 122,000 tons on Wednesday. The trading house Al Dahra was reported to have…

Report says North Korea pulled capsized warship upright following botched launch.

Posted to Maritime Reporter on June 4, 2025

Researchers from the United States said that North Korea appeared to have repositioned its Choe Hyun Class destroyer, which partially capsized after a botched launch ceremony. Kim Jong Un said that the failure to launch the warship weighing 5…