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Sunday, December 21, 2025

Maritime Blogs

Sources say that Rosneft has resumed LPG deliveries from the Rospan unit following a fire.

Posted to Maritime Reporter on August 21, 2024

Two industry sources said on Wednesday that Rosneft had resumed the loading of liquefied petrol gas (LPG), following a disruption caused by an fire last month. Data from commodity exchanges also showed this. Sources said that the shipments were resumed this week after being halted since July.

Scholz to visit a troubled German shipbuilder in hopes of state aid

Posted to Maritime Reporter on August 21, 2024

Meyer Werft, a luxury shipbuilder, announced that German Chancellor Olaf Scholz would visit the company on Thursday. The announcement raised hopes for the luxury shipbuilder to receive support from the German government in order to close a hole of 2.7 billion euros ($3.00 billion).Thomas Gelder…

Tunisia purchases 75,000 T of soft wheat at tender, traders claim

Posted to Maritime Reporter on August 21, 2024

European traders reported that Tunisia's grain agency purchased approximately 75,000 metric tonnes of soft wheat at an international auction on Wednesday. They said that traders believed that 50,000 tons of coal was purchased from Aston Trading House in two consignments of 25…

Canada - Aug 21

Posted to Maritime Reporter on August 21, 2024

These are some of the most important stories in selected Canadian newspapers. These stories have not been verified and we cannot vouch for the accuracy of these stories. Data released on Tuesday showed that Canada's annual rate of inflation slowed to a low of 2.5%, which was in line with forecasts.

Clifford Chance shocked after missing lawyer in yacht accident

Posted to Maritime Reporter on August 20, 2024

A prominent New York attorney who is one of six passengers missing from a sunken boat off the coast of Italy was travelling with his longtime British client, British technology entrepreneur Mike Lynch. This happened just weeks after he helped him avoid conviction for a 12-year legal battle.

Fertilizers Canada estimates that rail shutdowns could cost the industry C$63 million a day

Posted to Maritime Reporter on August 20, 2024

Fertilizer Canada warned that disruptions to all rail services in Canada will cost the industry between C$55 ($40.34) and C$63 ($46.21) million in lost revenue. This does not include logistical or operational costs. Canada is the world's largest exporter and producer of potash…

Philippine: China Coast Guard is hindering confidence building

Posted to Maritime Reporter on August 20, 2024

The Philippines said Tuesday that China's coastguard was not helping to build trust in the South China Sea after accusing them of ramming their vessels and damaging them in the latest of a series of incidents. The Philippines calls on China…

Paris wheat falls to 5-month-low as Euro and Black Sea competition weigh

Posted to Maritime Reporter on August 19, 2024

Euronext Wheat fell Monday to a five-month new low, as the gains in the dollar against the euro highlighted the export struggles of western European wheat in comparison with cheaper Black Sea wheat. The poor harvests in France, Germany and other…

Egypt is still on track to achieve its goal of 3.8 million tonnes by the end of this year

Posted to Maritime Reporter on August 19, 2024

Egypt remains confident of securing its target of around 3.8 million metric tonnes of imported wheat by the end of 2024, through a combination of tenders, direct purchases and government-to-government agreements, a minister said on Monday. Egypt's General Authority for Supply Commodities…

Source: UK's Mike Lynch is missing after his yacht sinks in Sicily

Posted to Maritime Reporter on August 19, 2024

A person familiar with the search operation reported that British tech entrepreneur Mike Lynch was missing on Monday after his luxury yacht was hit by a violent thunderstorm and sank near the Sicilian capital Palermo. Lynch, 59 years old, was…

Six missing and one dead after yacht sinks in Sicily

Posted to Maritime Reporter on August 19, 2024

Italian media reported that six people are missing and one person has died after a luxury boat was hit by a whirlwind off the coast Palermo in Sicily. The Italian coast guard and fire brigade had said earlier that divers were searching for missing people…

Seven people missing and 15 rescued following a sailboat sinking off Sicily

Posted to Maritime Reporter on August 19, 2024

Italian media reported that a 50-metre sailing boat with 22 people aboard sank early Monday morning off the coast Palermo in Sicily. Seven people remain missing. The Italian Coast Guard and firefighters saved 15 people including a young child…

German warships wait for orders to cross the disputed Taiwan Strait

Posted to Maritime Reporter on August 19, 2024

Their commander stated that two German warships are waiting for orders from Berlin to determine if they will be the only German naval vessels to have passed through the disputed Taiwan Strait in decades next month, at the risk to escalation tensions with Beijing.

China claims that a Philippine vessel deliberately collided with a Chinese vessel in South China Sea

Posted to Maritime Reporter on August 18, 2024

China's Coast Guard stated that a Philippine vessel which ignored their repeated warnings "deliberately" collided with a Chinese ship in a "unprofessional" and "dangerous" manner. China's maritime safety said in one of its statements that the…

Norfolk Southern shuts down all intermodal facilities ingates with Canadian National

Posted to Maritime Reporter on August 16, 2024

Norfolk Southern announced on Friday that it will close all intermodal facility gates to Canadian National Railway immediately, due to an embargo placed by the Canadian railway on all its intermodal shipments. The embargo began on Friday after…

EU wheat rebounds from 5-month lows, led by a front-month flurry

Posted to Maritime Reporter on August 16, 2024

Euronext wheat recovered from near five-month-lows on Friday, led by technical gains in the front-month contracts, although cheaper Black Sea supplies restricted gains and distracted attention from poor harvests across western Europe. Euronext December wheat was up 1.6% at 219…

Data shows that TotalEnergies LNG cargo bound for Bangladesh is now heading to Japan

Posted to Maritime Reporter on August 16, 2024

Data showed that a TotalEnergies SE LNG vessel docked in Bangladesh's Chittagong Port for three weeks will now be heading to the Futtsu Port in Japan as the state-run Petrobangla was unable to offload the cargo on the spot. The ship tracking…

Algeria purchases about 500,000 T of durum wheat at tender, traders claim

Posted to Maritime Reporter on August 15, 2024

European traders reported on Thursday that Algeria's state grain agency OAIC was believed to have bought about 500,000 metric tonnes of durum wheat at an international auction which closed on Wednesday. Initial estimates of the volume purchased were unclear…

EU wheat drops to four-month-low as Black Sea competition persists

Posted to Maritime Reporter on August 14, 2024

Euronext Wheat fell for the third day on Tuesday, to its lowest level in over four months. Traders said that competition from cheaper Black Sea wheat supplies outweighed disappointing western European harvests. The December wheat price on Euronext was 1.3% lower at 219…

South Korea's MFG purchased up to 60,000 t of soymeal from traders

Posted to Maritime Reporter on August 14, 2024

Major Feedmill Group of South Korea (MFG) bought up to 60,000 tons of soymeal on Tuesday in a private transaction without issuing a tender internationally, European traders reported on Wednesday. The estimated cost of the ton (c&f), including any surcharges for port unloading, was $399.95.