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International crude exports dip as trade routes reshuffle once again

Posted to Maritime Reporter on January 7, 2025

refinery and pipeline changes reshuffled trade routes. and providers and purchasers split into areas. exports to Europe declined and more U.S. oil went to Europe. been rerouted to India and China. have shut in Europe in the middle of ongoing attacks on Red Sea shipping.

United States Gulf Coast fuel oil imports struck record low as Latam shipments sluggish

Posted to Maritime Reporter on January 6, 2025

America's biggest refining hub on the U.S. Gulf Coast was up to a. record low in December, according to information from ship tracker. Kpler, as Latin American materials dried up. The drop in fuel oil imports comes as residual fuel oil. stocks on the U.S.

Sources say that the US is planning to impose more sanctions against tankers transporting Russian oil.

Posted to Maritime Reporter on January 6, 2025

Two sources familiar with the situation said that on Sunday, the Biden administration intends to increase sanctions against Russia for its war in Ukraine. They will target its oil revenues by targeting tankers transporting Russian crude. The…

US prepares more sanctions on tankers carrying Russian oil, sources state

Posted to Maritime Reporter on January 6, 2025

understanding of the matter said on Sunday. workplace on Jan. complaints about the expense of U.S. support for Ukraine. will be. barrel cost cap, the sources stated. so-called shadow fleet of aging ships to evade the cap. professionals say. Since Russia's February 2022 invasion of Ukraine, the U.S.

Venezuela's oil exports in 2024 will rise 10.5% amid political turmoil

Posted to Maritime Reporter on January 3, 2025

Venezuelan oil exports increased 10.5% in the last year, despite the political instability of the country and the changes made to the U.S. sanction regime. This was due to partners of the state oil company PDVSA taking more cargoes with licenses issued by Washington.

Two migrant ships sink off Tunisia, killing at least 27, and rescuing dozens of others

Posted to Maritime Reporter on January 2, 2025

The national guard reported on Thursday that the Tunisian coast guard had recovered the bodies 27 African migrants who were trying to cross the Mediterranean by two boats. The boats went down in the waters near Sfax, which is a popular departure point for African migrants.

Rio Tinto reports missing crew member from ship on route to Australia

Posted to Maritime Reporter on January 1, 2025

Rio Tinto, a miner in Australia, said that a deckfitter aboard its bulk carrier traveling from China to Western Australia had been reported missing the previous week. The Philippine Coast Guard is leading a search-and-rescue operation. Rio Tinto…

Seven migrants rescued after boat sinks in Italy and at least 20 migrants are missing

Posted to Maritime Reporter on January 1, 2025

The mayor of Lampedusa, an Italian island, said that seven migrants had been rescued but that at least twenty were still missing. Their boat was en route from Libya to Italy when it sank. One of those who survived was an eight-year-old Syrian child, who hoped to join his German-based father.

Egypt's Mostakbal Misr receives first wheat import shipment

Posted to Maritime Reporter on January 1, 2025

The port data viewed by revealed that Egypt's state grain purchaser, Mostakbal Misr for Sustainable Development received its first wheat shipment imported on December 30, 2018. The Mikhail Nenashev, carrying a shipment of 28,000 tons, arrived at Alexandria's port.

Ukraine says naval drone destroys Russian helicopter for first time

Posted to Maritime Reporter on December 31, 2024

On Tuesday, Ukrainian military intelligence reported that one of their naval drones destroyed a Russian helicopter in the Black Sea and damaged another. Ukraine's GUR intelligence agency reported on Telegram that a Magura V5 naval drone with…

Karpowership, a Turkish company, is in the running for supplying power to Syria

Posted to Maritime Reporter on December 30, 2024

Karpowership of Turkey, the owner of a fleet of floating power plants, announced on Monday that it is just one of several options being considered for providing electricity in Syria. After rebels supported by Turkey overthrew Bashar al Assad in Syria's neighbouring country this month…

Finland Coast Guard secures oil tanker following engine failure

Posted to Maritime Reporter on December 30, 2024

The Finnish Coast Guard said Monday that it would deploy one of its patrol boats and a towboat to help an oil tanker in the Gulf of Finland after its engine failed. It was trying to avoid environmental damage. The coast guard reported that the 183-metre-long (600-foot-long) M/T Jazz…

Kim praises new fish farm and calls for regional development

Posted to Maritime Reporter on December 29, 2024

State media KCNA reported on Monday that North Korean leader Kim Jong Un celebrated the completion a new fish farming facility in the east and called for the development of rural areas. This was amid concern over the chronic economic problems.

Moldova's separatist region cuts gas as Ukraine transit deal runs out

Posted to Maritime Reporter on December 29, 2024

Authorities in Moldova's. separatist Transdniestria region on Sunday cut off gas products. to numerous state institutions as a deal enabling Russian gas to. transit through Ukraine concerns an end at the close of the. year. The cutoff was enforced 2 days before the transit deal runs.

Shark attack kills tourist in Egypt's Marsa Alam resort

Posted to Maritime Reporter on December 29, 2024

In a statement issued on Sunday, the Environment Ministry did not reveal the nationalities involved. However, it confirmed that one tourist had been killed and another injured by a shark in Egypt's Marsa Alam Resort. Sharks are present in the Red Sea, but they are rare.

Blake Horvath's defensive stop propel Navy over Oklahoma

Posted to Maritime Reporter on December 27, 2024

Blake Horvath rushed for 155 yard and two touchdowns, and Navy stopped Oklahoma’s two-point convertion in the final second to win 21-20 in the Armed Forces Bowl in Fort Worth on Friday. Jake Roberts caught a 10-yard pass from Michael Hawkins Jr. with just six seconds left.

Egypt meets its wheat requirements through June 2025

Posted to Maritime Reporter on December 27, 2024

Two sources who have direct knowledge of the matter said that Egypt's state grain purchaser, Mostakbal misr for Sustainable Development (Mostakbal Misr), has secured enough wheat to cover Egypt's requirements through June 2025. Some traders…

Trump names an envoy for Panama after US urges reassertion of control over canal

Posted to Maritime Reporter on December 26, 2024

U.S. President elect Donald Trump appointed Miami-Dade County commissioner Kevin Marino Cabrera as ambassador to Panama, after threatening to reassert U.S. control over the Panama Canal that it handed over to Panama 25 years ago. Cabrera was…

Sisi estimates that regional challenges will cost Egypt $7 billion in Suez Canal revenue by 2024.

Posted to Maritime Reporter on December 26, 2024

Abdel Fattah al-Sisi, Egyptian president, said that the Red Sea events and regional challenges will cost Egypt $7 billion in revenue from the Suez Canal by 2024. Sisi, in a statement without giving any details, said that Egypt lost 60% of its canal revenues between 2024 and 2023.

LSEG data: Sanctioned LNG Tanker Mulan headed to Egypt

Posted to Maritime Reporter on December 26, 2024

According to LSEG, a sanctioned LNG-tanker named "Mulan", that approached Novatek’s SAAM FSU floating store facility in Murmansk in December 21, is now sailing around Northern Europe on its way towards Port Said, Egypt. The vessel should arrive at its destination by January 6, 2025.

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