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Thursday, December 18, 2025

Maritime Blogs

Orsted, the offshore wind group, offers a 67% discount on $9.4 billion rights issue

Posted to Maritime Reporter on September 15, 2025

Orsted, a Danish offshore wind developer, said Monday that it priced its $9.42-billion rights issue at $66.6 crowns per share ($10.46), representing a discount of 66.7% to the closing price of Friday's stock. Orsted received shareholder approval earlier this month for the capital raising…

UK Government and industry invest more than 1.1 billion pounds into maritime sector

Posted to Maritime Reporter on September 14, 2025

On Monday, the UK Government announced that the UK government and the industry plan to invest jointly over 1.1 billion pound ($1.5 billion) into the maritime sector. The government stated that the investment would unlock growth and create jobs in coastal communities throughout the UK.

Rheinmetall buys NVL, the military arm of German shipbuilder

Posted to Maritime Reporter on September 14, 2025

Rheinmetall, a German defence group, announced on Sunday that it had signed an agreement with Luerssen Group for the acquisition of Naval Vessels Luerssen's military division. The move was intended to expand into naval shipbuilding. It said…

Australia announces that the US will be able to access Western Australia's nuclear submarine shipyard

Posted to Maritime Reporter on September 13, 2025

Richard Marles, the Australian Minister of Defence, said that the United States could use the planned defence facilities in Western Australia for the delivery of submarines as part the AUKUS nuclear sub deal. On Saturday, the government announced…

Australia invests $8 billion in a nuclear submarine shipyard

Posted to Maritime Reporter on September 13, 2025

Australia announced on Saturday that it will spend A$12 Billion ($8 Billion) to build defence facilities in Western Australia for the delivery of submarines under AUKUS Nuclear Submarine Deal. AUKUS, the pact signed by Australia, Britain, and the U.S.A.

South Korea's MFG wins corn tender worth 70,000 tons, traders claim

Posted to Maritime Reporter on September 12, 2025

Major Feedmill Group, a South Korean company, is said to have rejected every offer and not made any purchase at an international auction to buy animal feed corn up to 70,000 tons on Friday. Prices were considered too high. The lowest estimate was $234.40 per ton…

South Korea's MFG receives offers for 70,000 tons of corn, traders claim

Posted to Maritime Reporter on September 12, 2025

European traders estimated that the lowest price offered by Major Feedmill Group of South Korea (MFG) in its international tender to purchase up to 70,000 tons of animal feed grain on Friday was $234.40 per metric ton, c&f. Pan Ocean, a trading house…

Nine people killed when boat capsizes during floods in Pakistan, according to authorities

Posted to Maritime Reporter on September 12, 2025

Authorities in Pakistan said that at least nine people were killed when a rescue vessel capsized while assisting with flood relief. A statement by the Punjab Disaster Management Authority stated that the incident occurred in a village in the eastern province of Punjab…

US sanctions against Yemeni Houthis increase

Posted to Maritime Reporter on September 12, 2025

The United States announced a new round of sanctions on Yemen's Houthis, claiming that it was the largest action Washington has taken against the Iran-aligned organization. The U.S. Treasury Department announced that it would issue sanctions against 32 people and entities…

Sources say that Prefchem Malaysia sells more fuel as its refining unit is still closed.

Posted to Maritime Reporter on September 12, 2025

Market sources report that Malaysia's Pengerang Refining Company, or Prefchem, has sold more fuel oil with low sulphur straight runs (LSSRs) in a Friday-closed tender, due to the fact that a refinery that processes this fuel remained closed.

Officials confirm that there was no threat of a shooter at the US Naval Academy in Maryland.

Posted to Maritime Reporter on September 11, 2025

The U.S. Naval Academy was not under threat from a shooter, according to military personnel and local police. A U.S. Navy official confirmed that the Naval Academy in Annapolis was put on lockdown Thursday because of reports about security threats.

China's latest aircraft carrier navigates the sensitive Taiwan Strait

Posted to Maritime Reporter on September 11, 2025

China's most advanced and third aircraft carrier, the Fujian, has recently passed through the Taiwan Strait. This is the waterway that separates China and the democratically-governed island of Taiwan. The carrier has not yet officially entered service. It began sea trials in the last year.

U.S. Naval Academy of Maryland is placed under security lockdown

Posted to Maritime Reporter on September 11, 2025

The U.S. The U.S. No official statement was made on the reported threat. Fox News, citing several sources within the academy, reported that a former midshipman expelled from school returned to the campus with a gun. Fox News reported that gunshots…

Sources say that the exports of Russian ESPO Blend oil from Kozmino are expected to fall by 2% in September.

Posted to Maritime Reporter on September 11, 2025

Two sources familiar with the plans said that Russia will reduce ESPO Blend oil loads from its Far East Kozmino Port in September from 4.2 millions tons to 4,000,000 metric tons (about one million barrels per a day), from 4.2million tons in August.

South Korea's KFA purchased about 68,000 tonnes of corn, traders claim

Posted to Maritime Reporter on September 11, 2025

European traders reported that the Incheon section, also known as the Feed Buyers' Group, of South Korea's Korea Feed Association purchased 68,000 metric tonnes of animal feed corn on Thursday in a private transaction without holding an international tender.

US sanctions against Yemeni Houthis increase

Posted to Maritime Reporter on September 11, 2025

Thursday, the United States announced a new round of sanctions against Yemen's Houthis. The Trump administration claimed that this was the largest action Washington has taken to date in response to the Iran-aligned organization. In a press release, the U.S.

South Korea's MFG again tenders for up to 70,000 tonnes corn

Posted to Maritime Reporter on September 11, 2025

Major Feedmill Group of South Korea (MFG) issued a tender for the purchase of up to 70,000 tons animal feed corn. European traders announced this on Thursday. A consignment of between 55,000 and 70,000 tons is required to arrive in South Korea by January 10.

The third cargo of Arctic LNG 2 from Russia is discharged and leaves China

Posted to Maritime Reporter on September 11, 2025

LSEG's and Kpler’s ship tracking data revealed that a third tanker, from Russia's Arctic LNG 2 facility, which is subject to Western sanctions, discharged and left a terminal in China Wednesday. The U.S. sanctioned LNG tanker Zarya has unloaded over 160…

South Korea's MFG purchases around 63,000 tons of corn, traders claim

Posted to Maritime Reporter on September 11, 2025

Major Feedmill Group, a South Korean buyer, purchased approximately 63,000 metric tonnes of animal feed corn at an international auction on Thursday. The expected arrival of the goods in South Korea was around January 5, 2026. The purchase price was estimated at $232.10 per ton…

Jordanian traders claim that they have won a tender to purchase 120,000 metric tonnes of feed barley.

Posted to Maritime Reporter on September 11, 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 for submitting price offers is September 17. The traders had…