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Thursday, December 11, 2025

Maritime Blogs

Norwegian Cruise's forecast quarterly profit is below expectations due to economic slowdown and rising costs

Posted to Maritime Reporter on November 4, 2025

Norwegian Cruise Line Holdings' shares fell 11% on Tuesday after it forecasted a fourth-quarter profit that was below expectations, citing cost uncertainty and a reduced consumer appetite for sea vacations. After a surge in demand for cruises following the pandemic…

Egypt's Suez Canal revenue rises 14% as Red Sea tensions lessen

Posted to Maritime Reporter on November 4, 2025

The canal authority reported that Egypt's Suez Canal revenue increased 14.2% between July and Octember, citing a calmer Red Sea following a ceasefire with Gaza, and an increase in traffic along the waterway. In 2023 and 2024, Yemen's Iran-aligned…

The biggest threat to Mali military leaders is the fuel blockade by jihadists

Posted to Maritime Reporter on November 3, 2025

The two-month fuel blockade of militants linked to al Qaeda has almost paralysed Mali's capital, putting the military in a bad light and raising fears that the jihadists may try to impose their rule over the West African nation. Security analysts…

The growing microplastic pollution of Greece's seas is revealed by mussels

Posted to Maritime Reporter on November 3, 2025

Scientists in Greece say that heavy maritime traffic and overtourism in the Mediterranean region are contributing to the pollution of the azure waters in Greece. They have placed thousands of mussels to detect microplastics on the seabed. Since decades…

Bangladesh receives offers for 50,000 tons of rice, traders report

Posted to Maritime Reporter on November 3, 2025

Traders said that the lowest price in the tender for 50,000 metric tonnes of rice from Bangladesh's State Grains Buyer, which closed on Sunday, was estimated to be $356.78 per metric ton CIF Liner Out. They said that offers are still being considered, and that no purchases had been reported.

Ship tracking data shows that India's Russian oil exports increased in October.

Posted to Maritime Reporter on November 3, 2025

According to preliminary data from Kpler, OilX and Kpler, India's crude imports from Russia should have increased slightly from the previous month, despite pressure from Washington. Kpler data shows that India's Russian crude oil imports increased to 1.48 million barrels a day (bpd)…

Bangladesh bids again for 50,000 tons of rice, traders claim

Posted to Maritime Reporter on November 3, 2025

European traders reported on Monday that Bangladesh's state grain buyer has announced a new international tender for the purchase of 50,000 metric tonnes of rice. November 13 is the deadline for price offers. Bangladesh has also released a separate tender for 50,000 tons rice.

Traders say that Iran's SLAL has bid for 120,000 tonnes each of corn and soybean meal.

Posted to Maritime Reporter on November 3, 2025

European traders reported on Monday that the Iranian state-owned animal feeding importer SLAL had issued international tenders for up to 120,000 metric tonnes of animal feed corn, and 120,000 metric Tons of soymeal. They said that the deadline for submitting price offers to tenders is on Tuesday…

Canoeing - British canoeist banned for two years after posting explicit Instagram videos

Posted to Maritime Reporter on November 1, 2025

Paddle UK has announced that British canoeist Kurts Adam Rozentals was given a suspension of two years and removed from the Olympic program after posting a video explicit on Instagram, and misinforming the media about the reason for his original ban.

South Korea will woo China's Xi at the APEC closing summit

Posted to Maritime Reporter on November 1, 2025

Chinese President Xi Jinping's three-day trip to South Korea will conclude on Saturday, with a dinner and summit hosted at President Lee Jae Myung's home. The newly elected U.S. ally has promised to balance Seoul’s ties to Beijing. Lee's stakes are high.

The RPT issues at stake during the summit between China’s Xi, and South Korea’s Lee

Posted to Maritime Reporter on November 1, 2025

On Saturday, South Korean President Lee Jae Myung and Chinese President Xi Jinping will meet for a bilateral summit. This is the first time the two leaders have met. It's also the first time Xi has visited his Asian neighbor in over ten years.

South Korea will woo China's Xi during APEC with a state visit

Posted to Maritime Reporter on October 31, 2025

Chinese President Xi Jinping's three-day trip to South Korea will conclude on Saturday, with a visit by President Lee Jae Myung. The newly elected U.S. ally has promised to balance Seoul’s ties to Beijing. Lee, who took office in June after…

South Korea's Oct exports exceeded forecasts due to strong demand for ships, chips

Posted to Maritime Reporter on October 31, 2025

Data showed that South Korea's October exports rose unexpectedly on the back of a robust demand for ships and chips, even though businesses were cautious due to a clouded global outlook caused by Washington's trade policies. In October, exports from Asia's 4th largest economy…

The issues at stake during the summit between China’s Xi, and South Korea’s Lee

Posted to Maritime Reporter on October 31, 2025

On Saturday, South Korean President Lee Jae Myung and Chinese President Xi Jinping will meet for talks. This is the first bilateral meeting between the two leaders. It's also the first time Xi has visited his Asian neighbor in over a decade.

A narrow Pacific waterway is the core of U.S. efforts to choke off China's vast naval force

Posted to Maritime Reporter on October 31, 2025

Marilyn Hubalde remembers hearing the roar of helicopters as they swooped over the Philippines' northernmost outpost, located less than 90 miles away from Taiwan. In April 2023, Filipino and American troops converged on a cluster of 10 emerald…

Huntington Ingalls beats quarterly profit estimates, lifts forecasts for key segments

Posted to Maritime Reporter on October 30, 2025

Huntington Ingalls, a U.S. military vessel builder, posted a third-quarter profit that was above Wall Street's expectations on Thursday amid strong demand for aircraft carriers, submarines and other naval vessels. This led to soaring shares of the company by 6.9% before market opening.

Analysts say that a sanctioned LNG tanker is responsible for the STS transfer off Malaysia.

Posted to Maritime Reporter on October 30, 2025

Two analytics firms report that a sanctioned LNG tanker picked up a cargo at a Russian export terminal, which was also subject to Western restrictions. The transfer appears to be the very first STS of Russian LNG sanctioned by the West, despite…

French miner Eramet reduces spending and promises more turnaround efforts

Posted to Maritime Reporter on October 30, 2025

French mining group Eramet has lowered its capital expenditure target for this fiscal year. It announced that it will announce more measures in December to combat declining results and increasing debt at the nickel-and-manganese producer. In a third quarter sales report…

Jordanian traders report that Jordan has bid to purchase 120,000 tons of feed barley

Posted to Maritime Reporter on October 30, 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 5 November. Traders…

Document shows that IOC is seeking 24 million barrels from the Americas between January and March 2026.

Posted to Maritime Reporter on October 30, 2025

Indian Oil, a state-run refiner, has called for initial bids on 24 million barrels from the Americas to be used in the quarter of 2026 between January and March. According to the document, the tender is looking for both low and high sulphur crude oils.