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Monday, December 15, 2025

Maritime Blogs

Bahamas to host the E1 Powerboat Racing Series in 2026

Posted to Maritime Reporter on November 23, 2025

The UIM E1 World Championship for electric powerboat racing will host its final round 2026 in the Bahamas, organizers announced Monday. This is the first time the event has been held there. The eight-race series will begin in Saudi Arabia in Jeddah…

Erdogan, the Turkish president, says that he will meet with Putin in Russia on Monday

Posted to Maritime Reporter on November 23, 2025

The Turkish president Tayyip Erdoan said that he will have a telephone call with his Russian counterpart Vladimir Putin to discuss the peace efforts in Ukraine. He added that he will also ask him for a restart of a deal to ensure the safe passage grain via the Black Sea.

Chinese Navy says US and China hold maritime security talks in Hawaii

Posted to Maritime Reporter on November 22, 2025

Chinese Navy said that the U.S. military and Chinese military held "constructive and honest" maritime security discussions this week, as both superpowers slowly restored their military-to-military communication after months of trade tensions.

Fire department reports that crew safely evacuated from burning ship at San Pedro

Posted to Maritime Reporter on November 22, 2025

Los Angeles Fire Department reported that all crew members were evacuated Friday from a ship in flames at San Pedro Port after an explosion disrupted the power supply and crane operations. LAFD reported that around 8:27 pm (0427 GMT), the remaining crew members had been helped off the vessel.

As buyers chase barley supplies, European barley prices are rising like gold

Posted to Maritime Reporter on November 21, 2025

Traders said that the price of animal-feed barley is now equal to or higher than milling wheat in Europe, a trend unusually driven by export demand. Feed barley is typically sold at a significant discount to bread wheat. The grain industry is heavily supplied…

As the peace plan for Ukraine gains momentum, European arms manufacturers retreat

Posted to Maritime Reporter on November 21, 2025

The European Defence shares dropped to their lowest level since late August, halting their strong run in this year. This was after Ukrainian President Volodymyr Zelenskiy stated that he is ready to work "honestly" on a U.S. backed plan to end Russia's war.

The traders claim that the rebranded Iranian crude is responsible for the surge in Chinese imports.

Posted to Maritime Reporter on November 21, 2025

China imports unusually large amounts of crude oil, traders claim. This is to hide shipments of Iranian crude that are being transshipped off the coast of Malaysia. Market participants claim that traders have been using the tactic to sell Iranian crude as Malaysian oil for years…

The traders claim that the rebranded Iranian crude is responsible for the surge in Chinese imports.

Posted to Maritime Reporter on November 21, 2025

China imports unusually large amounts of crude oil, traders claim. This is to hide shipments of Iranian crude that are sanctioned and trans-shipped off the coast of Malaysia. Market participants claim that traders have been using the tactic to sell Iranian crude as Malaysian oil for years…

Iran purchased corn and soybean meal in tenders last week, traders claim

Posted to Maritime Reporter on November 21, 2025

European traders reported on Friday that SLAL, the state-owned importer of animal feed in Iran, is believed to have bought animal feed corn as well as soymeal at international tenders. The company was looking for around 120,000 metric tonnes each.

US offshore drilling proposal includes California auctions

Posted to Maritime Reporter on November 20, 2025

The U.S. The U.S. The proposal aligns with Trump's agenda of energy dominance to boost domestic fossil fuel production. Plan includes 21 sales in Alaska, starting next year. Seven in the Gulf of Mexico. And six in the Pacific Ocean between Northern and Southern California.

Fincantieri joins FTSE MIB, as defense stocks surge and replace Hera or DiaSorin

Posted to Maritime Reporter on November 20, 2025

The Italian shipbuilder Fincantieri will join Italy's blue chip stock index, FTSE MIB, for the first month next year, traders reported on Thursday. This move would strengthen the influence of defence amid a global rally fueled by geopolitical tensions.

SMU in must-win mode vs. sinking Louisville

Posted to Maritime Reporter on November 19, 2025

SMU is hoping to maintain its hopes of winning the Atlantic Coast Conference title when it welcomes Louisville to Dallas on Saturday. The Mustangs (7-3 and 5-1 ACC), are one of only four teams in the conference with a single loss. Coach Rhett…

TotalEnergies increases stake in Nigerian offshore oil exploration Block

Posted to Maritime Reporter on November 19, 2025

TotalEnergies announced on Wednesday that it had signed agreements with Conoil for the acquisition of a further 50% stake in OPL 257 oil exploration block from its Nigerian partner. This brings its total holding to 90%. This deal is part and…

EU wheat prices with Chicago ease as rally fueled by China subsides

Posted to Maritime Reporter on November 19, 2025

Euronext Wheat prices fell Wednesday, in line with Chicago. A grain market rally sparked by Chinese purchases U.S. Soybeans faded as wheat traders shifted their focus back to the ample global supply. The most active contract, March wheat on the Paris Euronext exchange…

Rescue underway after a South Korean vessel with 267 passengers runs aground.

Posted to Maritime Reporter on November 19, 2025

A South Korean passenger ship carrying 267 passengers, crew and cargo ran aground off the southwest tip of the Korean Peninsula on Wednesday. The incident triggered a rescue effort and brought back memories of another major ferry accident in 2014.

South Korea's KFA purchased about 65,000 tonnes of corn, traders claim

Posted to Maritime Reporter on November 19, 2025

According to European traders, the Korea Feed Association in South Korea bought around 65,000 metric tonnes of animal feed corn on Wednesday in a private transaction without launching an international tender. It was reported that the KFA's Incheon division…

South Korea's MFG purchases 130,000 to 135,000 tonnes corn in tender

Posted to Maritime Reporter on November 19, 2025

European traders reported that the Major Feedmill Group of South Korea (MFG) purchased between 130,000 and 135,000 metric tonnes of animal feed corn at an international auction on Wednesday. The tender was for up to 210.000 tons. They said that two consignments could be purchased from South America…

South Korea's MFG begins buying corn at tender, traders claim

Posted to Maritime Reporter on November 19, 2025

European traders reported that the Major Feedmill Group of South Korea (MFG) began buying animal feed corn on Wednesday in an international auction with an initial purchase of 130,000-135,00 metric tons. Negotiations continue about additional purchases.

South Korea's MFG bids up to 210,000 tonnes corn, traders claim

Posted to Maritime Reporter on November 19, 2025

Major Feedmill Group in South Korea (MFG) issued a tender for the purchase of up to 210.000 metric tons animal feed corn on Wednesday, European traders reported. Three consignments ranging from 55,000 to 75,000 tons are required for delivery in South Korea by February 2026.

Jordan Issues a tender to Buy Up to 120,000 Metric Tons of Wheat

Posted to Maritime Reporter on November 19, 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 offers for the tender is 25 November. The traders had expected a new announcement after Jordan's previous tender of 120…