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Fire breaks out aboard a Japanese navy ship. Cause under investigation

Posted to Maritime Reporter on November 10, 2024

On Sunday, a fire broke out aboard a Japanese Self-Defence Forces vessel. According to the national broadcaster NHK, one crew member had been hospitalised for smoke inhalation. The Maritime Self-Defence Force reported that the minesweeper Ukushima…

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…

Chief Executive says that the Panama Canal could double container transit.

Posted to Maritime Reporter on November 8, 2024

In the coming years, the Panama Canal Authority may double the number of containers moving through the important East-West waterway. The canal's head told a maritime convention on Friday. Chief Ricaurte Vazquez said at the Houston International…

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).

Taiwan Coast Guard to harness "people power" to report Chinese activities

Posted to Maritime Reporter on November 7, 2024

Taiwan's Coast Guard said on Friday that it would reward people who spot Chinese activity in the sea, such as warships and submarines. It claimed it was using "people power" to increase its limited workforce. Taiwan, which China claims to be its territory…

Officials confirm that two people have died and 12 others are missing after a fishing boat sinks in South Korea.

Posted to Maritime Reporter on November 7, 2024

An official from the Jeju City Government said that two people were killed and 12 still remain missing after a boat capsized in the waters near South Korea's Jeju Island on Friday. Officials said that they had lost track of a boat leaving the port of Busan, South Korea in the early morning hours.

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…

Jordanian traders claim that the country will buy up to 120,00 metric tons of feed barley.

Posted to Maritime Reporter on November 7, 2024

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 November 13. Jordan's failure to purchase 120…

ADNOC L&S signs contracts for 23 supertankers worth $4.4bn, according to the state news agency

Posted to Maritime Reporter on November 7, 2024

ADNOC Logistics & Services has signed contracts for $4.4 billion in order to build 23 supertankers that will transport ethane and ammonia, as well as liquefied gas. This was reported by the UAE state news agency on Thursday. ADNOC CEO Abdulkareem Al Masabi stated that the company…

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…

Deutsche Bank reduces its ECB terminal rates forecast by 1.5% due to tariff threats

Posted to Maritime Reporter on November 7, 2024

Deutsche Bank has lowered their forecast for the ECB terminal rate from 2.25% to 1.5%, due to the prospect that U.S. Tariffs will be implemented under a Donald Trump Administration, weaker macroeconomic performance and the risk of inflation below target.

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…

Jordanian traders report that Jordan has issued a tender for 120,000 T of wheat.

Posted to Maritime Reporter on November 6, 2024

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from a variety or origins. European traders confirmed this on Wednesday. The deadline to submit price proposals in the tender is November 12.

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…

Canada - Nov 5

Posted to Maritime Reporter on November 5, 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. The BC Maritime Employers Association has locked out all unionized supervisors in British Columbia ports.

Hanwha, a South Korean company, has revised its offer to Dyna-Mac founder.

Posted to Maritime Reporter on November 4, 2024

Hanwha Group, a South Korean conglomerate, increased its offer to S$790.6m ($599.44m) on Tuesday. The largest shareholder in Singapore's Dyna-Mac will now tender his entire stake following the increase. Hanwha did not find the initial offer, S$0.60 a share, made by Dyna-Mac on 10 October compelling.

Williams ends his decorated career in New Zealand

Posted to Maritime Reporter on November 4, 2024

Kerri Williams, New Zealand's best female rower, announced her retirement Monday. This comes months after she won bronze in the coxless quartet at the Paris Games. Williams was one of four New Zealanders to win Olympic gold, silver, and bronze.

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.

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