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First US Navy ships to sail through Taiwan Strait after Trump's inauguration

Posted to Maritime Reporter on February 11, 2025

China was furious when two U.S. Navy vessels sailed this week through the Taiwan Strait, the first time since Donald Trump assumed office in late January. About once a week, the U.S. Navy transits the Strait, sometimes accompanied by ships of allied nations.

First US Navy ships to sail through Taiwan Strait after Trump's inauguration

Posted to Maritime Reporter on February 11, 2025

China was furious when two U.S. Navy vessels sailed this week through the Taiwan Strait, the first time since Donald Trump assumed office in late January. About once a week, the U.S. Navy transits the Strait, sometimes accompanied by ships of allied nations.

State media reported that Chinese military watched US ships crossing the Taiwan Strait.

Posted to Maritime Reporter on February 11, 2025

According to CCTV, China's state broadcaster on Tuesday, the Chinese military has organised air and naval forces to monitor navigation operations by a U.S. oceanographic survey vessel and destroyer crossing the Taiwan Strait between February 10-12.

Traders say that Jordan is believed to have passed on 120,000 T of wheat.

Posted to Maritime Reporter on February 11, 2025

European traders claim that Jordan's state grain purchaser is not believed to have purchased any milling wheat in the international tender for 120,000 metric tonnes of milling which ended on Tuesday. In the coming days, traders expect a new wheat tender to be released. The deadline is February 18.

Oman and Australia LNG vessels move west, including one via the Red Sea as Europe increases LNG supply

Posted to Maritime Reporter on February 10, 2025

Shiptracking data revealed on Monday that at least three LNG vessels from Oman and Australia were heading west to deliver the gas, one of which was sailing through the Red Sea. This is because higher prices in Europe are continuing to attract more supplies.

Oman and Australia LNG vessels move west, including one via the Red Sea as Europe increases LNG supply

Posted to Maritime Reporter on February 10, 2025

Shiptracking data revealed on Monday that at least three LNG vessels from Oman and Australia were heading west to deliver the gas, one of which was sailing through the Red Sea. This is because higher prices in Europe are continuing to attract more supplies.

Governor places parts of Russia's Sakhalin in high alert following cargo ship run aground

Posted to Maritime Reporter on February 8, 2025

The governor of Russia's Sakhalin Region said that a district has been placed on high alert following the stranding of a cargo vessel off the southwest coast Sakhalin Island. The governor of Ukraine, Valery Limarenko said in a Telegram message…

Energy ministry: South Korea's offshore gas discovery may not be economically viable

Posted to Maritime Reporter on February 6, 2025

According to preliminary drilling results, officials from the energy ministry said that South Korea may not be able to afford a large oil and gas project near its east coast. Officials told telephone that recent drilling had shown some gas potential, but the amount wasn't considered significant.

Jordanian traders claim that they will buy up to 120,00 T of feed barley.

Posted to Maritime Reporter on February 6, 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 12 February. Traders…

Mitsubishi charges $439 Million for Offshore Wind Projects in Japan

Posted to Maritime Reporter on February 6, 2025

Mitsubishi Corp., a Japanese company, announced on Thursday that it had taken a 66.8-billion-yen ($438.61-million) impairment charge for its domestic offshore wind project in the nine months ended in December. The trading house announced on…

Jordan offers to purchase up to 120,000 tonnes of wheat, traders claim

Posted to Maritime Reporter on February 5, 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 February 11. Traders had expected a new announcement after Jordan failed to purchase 120…

Sources say that China has delayed or redirected imports of 600,000 tonnes of wheat.

Posted to Maritime Reporter on February 5, 2025

Two trade sources who have direct knowledge of this matter say that China has delayed the imports of up 600,000 metric tonnes of wheat, mostly Australian, and offered some of those cargoes to buyers other than itself as domestic supplies are reducing demand in the top grain buyer in the world.

Goldman Sachs says that China's retaliatory actions will have a limited impact on energy costs.

Posted to Maritime Reporter on February 4, 2025

Goldman Sachs said on Tuesday that it expected Beijing's retaliatory duties in response to the new U.S. sanctions against Chinese products to have a limited impact on energy costs. The 10% tariff imposed by President Donald Trump on Chinese products went into effect at 12:01 am.

Egypt's GASC signss $700 million loan agreement with the ITFC to boost food security

Posted to Maritime Reporter on February 4, 2025

An Egyptian cabinet announcement on Tuesday revealed that Egypt's General Authority for Supply Commodities has signed a $700-million loan agreement with the Islamic Trade Finance Corporation to boost its efforts in food security. The loan is part of the ongoing cooperation between Egypt…

Jordanian traders report that 5 people participated in the 120,000 t of wheat tender.

Posted to Maritime Reporter on February 4, 2025

Initial assessments indicate that five trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer to buy 120,000 metric tonnes of wheat. Viterra, Al Dahra and Cereal Crops were thought to be the trading houses involved.

Sources say that the daily Tengiz oil production in Kazakhstan reached a record high at the end of January.

Posted to Maritime Reporter on February 3, 2025

Two industry sources who are familiar with the calculations and data say that the daily output of Kazakhstan's biggest field, Tengiz has reached a new record high in late January. This is a 45% increase from the average for 2024. The Kazakh…

Rubio to Panama: China is threatening canal and changes are needed.

Posted to Maritime Reporter on February 2, 2025

A spokesperson for the State Department said that U.S. Secretary Marco Rubio informed Panamanian President Jose Raul Mulino during talks on Sunday that Donald Trump had determined that China's influence threatened the Panama Canal, and that urgent changes were required or the U.S. might act.

Rubio begins Latin America tour with canal and migration talks in Panama

Posted to Maritime Reporter on February 2, 2025

Marco Rubio, the top Trump administration diplomat, began his first overseas visit to Panama on Sunday. He was scheduled to meet Panamanian president Jose Raul Mulino and discuss U.S. concern about Chinese companies that could affect U.S. shipping…

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.

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…