Posted to Maritime Reporter
on
May 16, 2025
The Indonesian navy has arrested four Myanmar citizens and a Thai citizen who were found on board a ship that was carrying cocaine and methamphetamine worth $425million. The navy reported that officers apprehended a ship in Tanjung Balai Karimun…
Posted to Maritime Reporter
on
May 16, 2025
Ahn Deuk Geun, South Korea's Minister of Trade and Industry, said that he had met with U.S. trade representative Jamieson Greer on Friday and requested a waiver for Washington's tariffs. Ahn said that the South Korean delegation will visit the…
Posted to Maritime Reporter
on
May 15, 2025
General Food Security Authority announced on Thursday that Saudi Arabia had issued a tender for 655,000 metric tonnes of wheat to be shipped between August and October 2025. European traders expect the price offer results to be available on Monday, 19 May.
Posted to Maritime Reporter
on
May 15, 2025
The Estonian Navy reported that it tried to detain an oil tanker bound for Russia under sanctions by Britain on Tuesday, claiming it had sailed without a flag and sailed in an illegal manner. However, it did not board the vessel when it refused cooperation, instead escorting to Russian waters.
Posted to Maritime Reporter
on
May 14, 2025
Major Feedmill Group of South Korea (MFG) bought about 60,000 tons of soymeal from South America on Wednesday in a deal that was not subject to an international tender, traders reported. The estimated cost and freight per ton was $346.40, including the surcharge for port unloading.
Posted to Maritime Reporter
on
May 14, 2025
European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 65,000 metric tonnes of animal feed corn on Wednesday in an international bid seeking up to 138,000 metric tons.
Posted to Maritime Reporter
on
May 14, 2025
Jean-Noel Barrot, the French Minister of Foreign Affairs said that on Wednesday, EU diplomats announced sanctions on nearly 200 tankers from Russia's "shadow fleet". Sources who spoke anonymously said that although two countries need to consult with their parliaments about the details…
Posted to Maritime Reporter
on
May 12, 2025
Hong Kong's CK Hutchison announced on Monday that the closely monitored port deal it has negotiated will adhere strictly to all compliance standards. In March, the Hong Kong-based conglomerate controlled by tycoon Li Kashing agreed to sell the bulk of its global ports business worth $22.8 billion…
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on
May 12, 2025
Maersk, a Danish shipping company, said that on Monday the agreement between China & the United States on a 90-day suspension of tariffs & reciprocal duties is a positive step. At 0948 GMT, shares of Maersk were trading 12.9% higher. In an email…
Posted to Maritime Reporter
on
May 9, 2025
China's crude oil imports in April slowed compared to the previous month, but increased 7.5% compared to a year ago due largely to an abundance of shipments sanctioned by the government and because state refineries built up stocks during maintenance shut-downs.
Posted to Maritime Reporter
on
May 8, 2025
The new US ambassador in Panama, who was appointed on Thursday, pledged to further strengthen the ties between the Central American nation and the United States while highlighting China as a threat to all. "My first priority will be to enhance…
Posted to Maritime Reporter
on
May 8, 2025
European traders reported that the Feed Leaders Committee, a South Korean import group, purchased 60,000 metric tonnes of soymeal on Thursday in an international auction. The soymeal was expected to come from South America. It is believed that the FLC purchased from Cargill, a trading house.
Posted to Maritime Reporter
on
May 8, 2025
According to European traders, the Korea Feed Association in South Korea purchased between 65,000 and 70,000 metric tonnes of animal feed corn from optional origins on Wednesday in a private transaction without launching an international tender.
Posted to Maritime Reporter
on
May 7, 2025
EU sources confirmed on Wednesday that the European Commission had proposed adding 15 new entities and persons to its sanctions framework, including individuals suspected of using chemical weaponry in Ukraine as well as Russian hybrid threats.
Posted to Maritime Reporter
on
May 7, 2025
Israel Aerospace Industries, a state-run company, announced on Wednesday that it had signed a contract to sell the BlueWhale system of autonomous submarines to the Greek Navy. IAI did not disclose financial details. BlueWhale is a large uncrewed…
Posted to Maritime Reporter
on
May 6, 2025
On Tuesday, President Donald Trump said that the U.S. would stop bombing Houthis in Yemen because the Iran-aligned groups had agreed to cease interrupting important Middle East shipping lanes. In order to stop the attacks on Red Sea shipping, the U.S.
Posted to Maritime Reporter
on
May 6, 2025
Malta's government announced on Tuesday that it will carry out repairs on an aid ship in international waters after the vessel was reportedly attacked by two drones on Friday morning. The Freedom Flotilla Coalition is an international NGO that operates the "Conscience".
Posted to Maritime Reporter
on
May 6, 2025
Calculations based on LSEG's data show that since April 3, the price of Urals oil in Russian ports along the Black Sea and Baltic Sea has been below the cap set by Western nations. The Group of Seven (G7) countries have introduced a price cap…
Posted to Maritime Reporter
on
May 5, 2025
U.S. authorities said that at least three people, including two children were dead and nine others missing after a small vessel capsized on rough seas north of San Diego in what appeared to be a migrant smuggling effort. The U.S. Coast Guard…
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on
May 5, 2025
Israel said that it conducted airstrikes on Yemen's Hodeidah Port Monday, one day after Iran-aligned Houthis launched a missile near Israel's primary airport. In a press release, the military claimed that it had attacked targets it considered terrorists in Hodeidah.
