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Russian rescuers bring a killer whale back to the sea

Posted to Maritime Reporter on November 14, 2024

The Russian emergency situation ministry announced that on Thursday, Russian rescuers brought back a young female killer whaling to the Sea of Okhotsk after it washed up in the Far East. The ministry released a video showing a killer whale stranded on sand that was covered in snow.

As Russian trade spreads, EU wheat exports move westwards

Posted to Maritime Reporter on November 13, 2024

Traders said that the European Union is increasingly focusing its wheat exports on the west side of Africa, after Russia dominated major markets in North Africa and Middle East. EU shipments of soft wheat or common wheat are 30 percent below their previous year's level.

EU Wheat Prices Fall as Black Sea Competition Limits Exports

Posted to Maritime Reporter on November 13, 2024

The European wheat price fell on Wednesday as a result of the continued competition between Russia and Ukraine. Benchmark December milling grain on Paris' Euronext dropped by 1.5% at 1613 GMT to 211.00 Euros, also being dragged lower by a fall in Chicago wheat futures.

Senior Russian Naval officer killed in car explosion claimed by Kyiv

Posted to Maritime Reporter on November 13, 2024

On Wednesday, a bomb placed under a car in the occupied Crimean city of Sevastopol exploded and killed a senior Russian navy officer. A Kyiv-based security source claimed that this was an attack by Ukraine on its most important target to date.

Nexans, a manufacturer of offshore wind cables, says that it could turn its US facility into an export hub

Posted to Maritime Reporter on November 13, 2024

Nexans announced on Wednesday that it would convert its U.S. plant into an export center if Donald Trump's second term as president brought challenges to the offshore wind industry. In Charleston, South Carolina, the French power and data cables specialist makes underwater cables for the U.S.

Senior Russian Naval officer killed in car explosion claimed by Kyiv

Posted to Maritime Reporter on November 13, 2024

On Wednesday, a bomb placed under a car in the occupied Crimean city of Sevastopol exploded and killed a Russian soldier. A Kyiv-based security source claimed that this was an attack by Ukraine on a senior naval officer accused of war crime.

Ferretti Yachts reduces its full-year forecast pending US orders confirmation

Posted to Maritime Reporter on November 13, 2024

Ferretti, the luxury Italian yacht manufacturer, reduced Wednesday its guidance for full-year adjusted core profit (EBITDA), and revenue pending confirmations of U.S. yacht orders in its "composite segment". Ferretti's "Composite Yachts" are the smallest yachts in its three product lines.

Siemens Energy and RWE warn against Trump's impact on the US offshore wind industry

Posted to Maritime Reporter on November 13, 2024

Two of the biggest renewables companies in the world warned on Wednesday of potential challenges for the U.S. off-shore wind sector under Donald Trump's presidency, pointing out possible delays for the technology that the president elect has criticized. RWE is the No.

Italian Sea Group denies any responsibility in the Mike Lynch yacht sinking

Posted to Maritime Reporter on November 12, 2024

Italian Sea Group's chief executive stated on Tuesday that the company is not responsible for the sinking of Mike Lynch’s superyacht which resulted in the death of the British tech billionaire Mike Lynch and six other people. The Bayesian, a luxury yacht built by Perini Navi in 2008…

Novorossiisk oil loadings fell by 19% in Nov.

Posted to Maritime Reporter on November 12, 2024

Two people familiar with the plan on Tuesday said that oil exports from Russia’s Black Sea Port of Novorossiisk will decline from 2.42 millions metric tons to 1,89 million metric tonnes, or about 460,000 barrels per daily, in November, from 2,42 million tons in Oct.

LSEG data shows that India and Saudi Arabia were the top two buyers of Russian VGO fuel oil and VGO in October.

Posted to Maritime Reporter on November 11, 2024

LSEG data and traders' reports show that India and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports in October decreased by 3% compared to September.

Al Masirah TV reports that the US and Britain have launched raids in Yemen's capital Sanaa as well as elsewhere.

Posted to Maritime Reporter on November 10, 2024

Al Masirah TV (the main Houthi-run television news outlet) reported Sunday that the United States and Britain conducted raids in the Yemeni capital Sanaa and the Amran Governorate, among other areas. Residents and media from the Houthi group claimed that nine raids targeted Sanaa and its suburbs…

INEOS Britannia will be the Challenger of Record at the 38th America's Cup

Posted to Maritime Reporter on November 8, 2024

The Royal New Zealand Yacht Squadron confirmed on Friday that Britain's INEOS Britannia was the Challenger of Record in the 38th America's Cup. This sets the stage for next year's edition of the most prestigious sailing competition. The Challenger…

Comoros police arrest suspect over capsized migrant boat, coastguard says

Posted to Maritime Reporter on November 8, 2024

The coastguard reported on Friday that authorities in Comoros arrested a suspected people smuggler for an incident where traffickers intentionally capsized a vessel last week and killed at least 25 people aboard. Fahmy Husny el-nassib is the head of the Comorian Coastguard.

Italian Navy Ship Arrives in Albanian Port

Posted to Maritime Reporter on November 8, 2024

A small group of migrants on board an Italian navy vessel docked at an Albanian port Friday, as Rome attempted to salvage its plan to process asylum-seekers abroad after the first attempt was thwarted by legal obstacles. A reporter reported that the ship had arrived before 8 am (0700 GMT).

Traders say EU wheat exports to Morocco get a tax break

Posted to Maritime Reporter on November 7, 2024

Moroccan importers booked several loads of European Union wheat over the past few days, boosting EU exports amid fierce competition in the Black Sea so far this year, traders reported on Thursday. According to traders, Moroccan buyers purchased…

The first Chinese Vendee Globe sailer aims to inspire future generation

Posted to Maritime Reporter on November 7, 2024

Xu Jingkun, the only Chinese skipper among the 12 non French skippers who will start the 10th edition on Sunday of the Vendee Globe, is the first to sail non-stop alone around the world despite having lost his left arm when he was 12. Xu, the…

South Korea's Yoon and Trump discuss security relations, shipbuilding, Seoul official claims

Posted to Maritime Reporter on November 6, 2024

A senior South Korean official revealed on Thursday that South Korean President Yoon Suk Yeol spoke with Donald Trump, the U.S. president-elect. They discussed maintaining close ties in all fields including security and economy. The official…

Financial Times - Nov. 6

Posted to Maritime Reporter on November 5, 2024

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. The Competition and Markets Authority (UK's competition regulator) has approved the domestic…

EU wheat falls to 2-month lows as Egypt's tender shows Black Sea competition

Posted to Maritime Reporter on November 4, 2024

Euronext wheat dropped on Monday to its lowest level in two months as a large number of Black Sea suppliers offered to supply a current Egyptian tender, highlighting the export competition despite Russian efforts to introduce minimum prices for overseas sales.