Posted to Maritime Reporter
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March 19, 2025
Houthi media reported that the U.S. conducted airstrikes overnight on multiple targets in Yemen, including Saada Province, which Yemeni officials say has been a hideout for Houthi leadership for many years, and Hodeidah port city on the Red Sea.
Posted to Maritime Reporter
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March 18, 2025
According to a letter from a police source released on Monday, the parents of an Indian student who attended a U.S. college and went missing from a popular Dominican Republic tourist resort earlier this month have asked for police to declare their child legally dead. The investigation remains open.
Posted to Maritime Reporter
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March 18, 2025
According to traders, Bangladesh's state grain buyer will have to purchase about 50,000 metric tonnes of rice from India as part of an international tender that closed on March 11. The lowest bid in the tender was $429.55 per ton CIF liner.
Posted to Maritime Reporter
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March 18, 2025
The Crimean Peninsula, which Russia took from Ukraine in 2014., is the focal point of the most serious East-West conflict since the Cold War. It was widely believed that the fate of Crimea, and four provinces in which Russia has taken territory since it invaded Ukraine in 2022…
Posted to Maritime Reporter
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March 18, 2025
VTB CEO Andrei Kostin announced on Tuesday that the deal for VTB to buy the Zvezda Shipbuilding Yard from Rosneft has fallen through because VTB-owned United Shipbuilding Corporation cannot finance the purchase. VTB currently runs USC, Russia’s largest shipbuilder.
Posted to Maritime Reporter
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March 17, 2025
Cyprus's national broadcaster reported that seven bodies were recovered from the sea off Cyprus after authorities launched a search-and-rescue operation in response to a capsize of a boat containing migrants. The broadcaster reported that an unspecified number were believed to have gone missing.
Posted to Maritime Reporter
on
March 17, 2025
The oil prices rose on Monday as the United States pledged to continue attacking the Houthis in Yemen until they stop their attacks on shipping. Meanwhile, Chinese economic data fueled hopes of higher demand. Donald Trump, the President of the United States…
Posted to Maritime Reporter
on
March 14, 2025
European traders reported that the Major Feedmill Group of South Korea (MFG) bought approximately 69,000 metric tonnes of animal feed corn from South America or South Africa at a Friday international tender. A consignment of a shipment was purchased at a cost and freight rate (c&f)…
Posted to Maritime Reporter
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March 13, 2025
According to a Thursday statement, the China Shipowners' Association is against a U.S. proposal that would impose hefty entry fees at ports on ocean cargo carriers who own vessels or have ordered them from China. The association says it violates both international laws and U.S. law.
Posted to Maritime Reporter
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March 13, 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 on March 19. Traders…
Posted to Maritime Reporter
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March 13, 2025
DP World, a Dubai owned ports and logistics firm, reported a 28% decline in annual profits on Thursday, citing increased finance costs. The company also highlighted an uncertain outlook because of "geopolitical risk" and a changing global trade landscape.
Posted to Maritime Reporter
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March 13, 2025
According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed grain from worldwide sources in a private transaction late on Wednesday night without holding an international tender. The…
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March 13, 2025
Analysts and traders said that China will receive record soybean imports during the second quarter after delays in Brazilian shipments, and slow customs clearances, caused a shortage of supply, forcing several processors into a halt. According to a five-firm average…
Posted to Maritime Reporter
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March 12, 2025
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline to submit price proposals in the tender is 18 March. Traders had expected a new announcement after Jordan failed to purchase 120…
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March 11, 2025
The spokesperson for the Sri Lankan cabinet said that the country has not changed its position on doing business in India with the Adani Group, and it welcomes any investment opportunities offered by the conglomerate. U.S. prosecutors indicted…
Posted to Maritime Reporter
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March 11, 2025
Saudi Arabia and Russia, the top crude oil exporters in Asia, are boosting their cargoes for the region that is world's largest importer. China, which is the largest oil importer in the world, has emerged as the ground zero of the two exporters…
Posted to Maritime Reporter
on
March 10, 2025
Ferretti, the Italian yacht manufacturer, plans to acquire a company or asset this year. The Chief Executive did not specify whether it would be a brand name, a yard, or something else. Alberto Galassi, CEO of the company, told journalists that there were three files.
Posted to Maritime Reporter
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March 10, 2025
South Korea's acting President on Monday instructed authorities to communicate actively with the U.S. Administration to resolve any misunderstandings over tariffs. This comes after U.S. president Donald Trump singled out South Korea recently for applying high tariffs.
Posted to Maritime Reporter
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March 7, 2025
The International Organisation for Migration reported that more than 180 migrants were missing and believed to be dead after the two boats in which they were traveling capsized on rough seas near Yemen, Thursday. IOM reported that the boats…
Posted to Maritime Reporter
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March 7, 2025
Trade and shipping data revealed that Russia's seaborne vacuum gasoil and fuel oil exports fell 15% from the previous months to around 3.3 millions metric tons in February due to lower production and weather conditions, including storms, delays and drone attacks.
