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Mitsubishi Heavy executive: timing is not right to make a decision on passenger aircraft market

Posted to Maritime Reporter on June 27, 2024

After the SpaceJet's failure, a Mitsubishi Heavy Industries executive stated that now is not the right time to decide if the company will reenter the market for commercial aircrafts, despite the commitment of the Japanese government to make-in-Japan planes.

A Greek island fire is not the work of arsonists, according to a yacht crew

Posted to Maritime Reporter on June 26, 2024

A legal source and local media reported that the crew of a yacht accused by Greek authorities of setting a forest ablaze last week in Hydra, denied any charges of arson when they appeared in front of a judge on Wednesday. Wildfires in Greece are not uncommon…

Yemen's Houthis claim they targeted a ship in Haifa with Islamic Resistance in Iraq

Posted to Maritime Reporter on June 26, 2024

Yemen's Houthis claimed on Wednesday that they had used drones to target a ship at Israel's Haifa Port in a joint operation with the Islamic Resistance of Iraq. Yahya Saree, the military spokesperson for the Iran-aligned Houthi Group, said that…

Peru tries to lure BYD Auto Plant with Industrial Park Incentive

Posted to Maritime Reporter on June 26, 2024

The president of Peru met with BYD, a Chinese manufacturer of electric vehicles on Wednesday. He invited executives to establish themselves on the Andean nation’s Pacific Coast where another Chinese company is building a massive harbor to facilitate trade between both countries.

Algeria purchases wheat for shipment to two ports, traders claim

Posted to Maritime Reporter on June 26, 2024

European traders claim that Algeria's state grain agency OAIC bought between 130,000 and 150,000 metric tonnes of milling wheat on Wednesday in a limited international tender which only sought shipment to two ports. They reported that the average…

Edison purchases 50% of offshore wind project in Sicily

Posted to Maritime Reporter on June 26, 2024

Edison announced on Wednesday that it had acquired a 50% share in a company with a specific purpose to develop a floating offshore wind project of 975 megawatts (MW) in Sicily. According to the national energy and climate policy, Italy has not yet installed any floating offshore wind farms.

After rain, the Panama Canal increases ship depth and allows for Neopanamax lock crossings

Posted to Maritime Reporter on June 26, 2024

The Panama Canal Authority said that rains in recent days have raised water levels. This has allowed heavier ships to navigate the Neopanamax locks. In a client advisory, the Canal Authority said that the maximum depth of the waterway would…

Norway will award Arctic seabed mining blocks in 2025

Posted to Maritime Reporter on June 26, 2024

Norway's Energy Ministry said that it offered large areas in the Arctic for its first seabed mineral licensing round. It aims to grant exploration permits by the middle of 2025. Norway could be the first country to begin commercial deepsea mines…

Sovcomflot, a Russian shipping company, says that its vessel rescued crew members from a tanker near Yemen

Posted to Maritime Reporter on June 26, 2024

The state-owned Russian company Sovcomflot, which is subject to Western sanctions, announced on Wednesday that a ship operated by the Russian shipping group Sovcomflot had rescued a crew from a tanker that was taking in water near the coast of Yemen this week.

JERA successfully completes ammonia cofiring at coal power plant

Posted to Maritime Reporter on June 26, 2024

JERA, Japan’s largest power generator, announced on Wednesday that it had concluded a 3-month trial at its Hekinan Thermal Power Station in central Japan of co-firing ammonia and coal with 20%. The results were positive. The utility and heavy…

U.S. crude exports reach a two-year high in spite of lukewarm global demand

Posted to Maritime Reporter on June 26, 2024

Last month, U.S. crude imports reached a two-year record as refiners snatched up heavy crudes imported from Canada and Latin America for processing into fuels to be used during the summer driving season. Kpler, a ship tracking service, reported…

The crew of a yacht is expected to deny any arson charges in connection with a fire on a Greek island

Posted to Maritime Reporter on June 26, 2024

A legal source has said that the crew of a yacht accused by authorities of starting a forest blaze on Hydra, an island in Greece, last week will likely deny any arson charges on Wednesday when they appear before a court. Wildfires in Greece are not uncommon…

Singapore congestion caused by Red Sea attacks has global impact

Posted to Maritime Reporter on June 26, 2024

The congestion at Singapore's container ports is the worst it has been since the COVID-19 outbreak. This is a result of prolonged vessel rerouting in order to avoid Red Sea attacks, which has caused global ocean shipping to be disrupted. Bottlenecks…

Singapore congestion at port shows ripple effect of Red Sea attacks around the world

Posted to Maritime Reporter on June 26, 2024

The congestion at Singapore's container ports is the worst it has been since the COVID-19 outbreak. This is a result of prolonged vessel rerouting in order to avoid Red Sea attacks, which has caused global ocean shipping to be disrupted. Bottlenecks…

UKMTO Flags Missile Near Vessel South of Yemen's Aden

Posted to Maritime Reporter on June 26, 2024

Security information provider United Kingdom Maritime Trade Operations said that the captain of a ship reported a missile striking the water in the vicinity of the vessel 52 nautical miles south from Yemen's Port of Aden. The UKMTO cited a report…

Peru resolves Chinese port dispute before meeting of President Xi

Posted to Maritime Reporter on June 26, 2024

Sources said that Peru had asked a court to withdraw its request for a Chinese company to be stripped of the exclusive rights to run a "megaport", which it is building along Peru's Pacific Coast. This was done to cool tensions ahead of this week's leaders' meeting.

Singapore congestion reflects global impact of Red Sea attacks

Posted to Maritime Reporter on June 25, 2024

The congestion at Singapore's container ports is the worst it has been since the COVID-19 outbreak. This is a result of prolonged vessel rerouting in order to avoid Red Sea attacks, which has caused global ocean shipping to be disrupted. Bottlenecks…

Yemen's Houthis claim to have targeted the 'MSC Sarah V" vessel in Arabian Sea

Posted to Maritime Reporter on June 25, 2024

Yemen's Houthis claimed responsibility for an earlier attack on the MSC Sarah V ship in the Arabian Sea. On Monday, the Red Sea and Gulf of Aden Joint Maritime Information Center said that the Liberian flagged vessel was fired upon by a missile but not struck.

Mexico's Pemex exported 34% more crude in May, as refineries slowed down

Posted to Maritime Reporter on June 25, 2024

Official data revealed that the Mexican state energy company Pemex increased its crude oil exports in May after a significant drop a month before. It returned to levels more similar to their monthly average. Pemex exports 910,801 barrels of oil per day (bpd), up 34% compared to April.

The beach sprint will make its Olympic debut in 2028.

Posted to Maritime Reporter on June 25, 2024

Lucio Fugazzotto, an Italian teenager on his way home from school, learned that the Los Angeles Olympics in 2028 would include beach sprint rowing. He vowed to compete and win medals. "I turned and said to my friend, 'Maybe I'll be at Olympics in four years. You might watch me.

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