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Maritime Blogs

Traders say that Jordan is believed to have passed on 120,000 T of wheat.

Posted to Maritime Reporter on February 11, 2025

European traders claim that Jordan's state grain purchaser is not believed to have purchased any milling wheat in the international tender for 120,000 metric tonnes of milling which ended on Tuesday. In the coming days, traders expect a new wheat tender to be released. The deadline is February 18.

First SailGP win for Sailing-Fletcher signals British intent

Posted to Maritime Reporter on February 11, 2025

Dylan Fletcher was determined to earn points and climb the leaderboard after his first victory as Britain's SailGP Skipper in Sydney at last weekend. He also wanted to show he could 'fly solo'. Ben Ainslie who was the British America's Cup champion but lost to New Zealand last year in Barcelona…

French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on February 11, 2025

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. ARCELORMITTAL On Monday, President Donald Trump raised the tariffs on imports of steel and aluminum to a flat rate of 25% "without any exceptions or exclusions".

Oman and Australia LNG vessels move west, including one via the Red Sea as Europe increases LNG supply

Posted to Maritime Reporter on February 10, 2025

Shiptracking data revealed on Monday that at least three LNG vessels from Oman and Australia were heading west to deliver the gas, one of which was sailing through the Red Sea. This is because higher prices in Europe are continuing to attract more supplies.

Fletcher's first SailGP victory signals America's Cup intent for Britain

Posted to Maritime Reporter on February 10, 2025

Dylan Fletcher was determined to earn points and climb the leaderboard after his first victory as Britain's SailGP skipper at the weekend's event in Sydney. He also wanted to show he could 'fly solo'. Ben Ainslie who was the British America's…

Oman and Australia LNG vessels move west, including one via the Red Sea as Europe increases LNG supply

Posted to Maritime Reporter on February 10, 2025

Shiptracking data revealed on Monday that at least three LNG vessels from Oman and Australia were heading west to deliver the gas, one of which was sailing through the Red Sea. This is because higher prices in Europe are continuing to attract more supplies.

Trump expects Musk will find billions of dollars in Pentagon waste

Posted to Maritime Reporter on February 9, 2025

U.S. president Donald Trump said that he expects Elon to uncover billions of dollars in fraud and abuse within the Pentagon, during an audit led by the billionaire. I'm going tell him to check out the Department of Education very soon. Maybe in 24 hours. Then, I will go and check with the military.

Trump claims that Musk's DOGE will find billions of dollars in Pentagon waste

Posted to Maritime Reporter on February 9, 2025

U.S. president Donald Trump said he expects Elon to uncover billions of dollars in fraud and abuse within the Pentagon, during an audit led by the billionaire. I'm going tell him to check out the Department of Education very soon. Maybe in 24 hours. Then, I will go and check with the military.

Dorange is the youngest person to ever complete Vendee Globe, at age 23

Posted to Maritime Reporter on February 9, 2025

Violette Dorand, 23 years old, became the youngest person to complete the Vendee Globe. She completed the exhausting solo yacht race around the world on Sunday. Dorange finished the race in the 25th position after 90 days, 21 hours, and 37 minutes of sea travel.

SailGP Sydney: Britain wins thrilling final in Sydney

Posted to Maritime Reporter on February 9, 2025

Dylan Fletcher’s Britain defeated Giles Scott’s Canada in an exciting final on Sydney Harbour on Sunday to win the third round of SailGP and extend their lead in the series standings. Australia with Tom Slingsby as the skipper had won three…

Governor places parts of Russia's Sakhalin in high alert following cargo ship run aground

Posted to Maritime Reporter on February 8, 2025

The governor of Russia's Sakhalin Region said that a district has been placed on high alert following the stranding of a cargo vessel off the southwest coast Sakhalin Island. The governor of Ukraine, Valery Limarenko said in a Telegram message…

SailGP Day One in Sydney: Australia's smooth start dominates

Posted to Maritime Reporter on February 8, 2025

Australia won two out of four races on Saturday, the first day of SailGP's third round. Skipper Tom Slingsby was a master of starting and gave the Australian team the victory. Three-time champions Australia, who won the series' second round in Auckland…

Energy ministry: South Korea's offshore gas discovery may not be economically viable

Posted to Maritime Reporter on February 6, 2025

According to preliminary drilling results, officials from the energy ministry said that South Korea may not be able to afford a large oil and gas project near its east coast. Officials told telephone that recent drilling had shown some gas potential, but the amount wasn't considered significant.

Jordanian traders claim that they will buy up to 120,00 T of feed barley.

Posted to Maritime Reporter on February 6, 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 12 February. Traders…

Mitsubishi charges $439 Million for Offshore Wind Projects in Japan

Posted to Maritime Reporter on February 6, 2025

Mitsubishi Corp., a Japanese company, announced on Thursday that it had taken a 66.8-billion-yen ($438.61-million) impairment charge for its domestic offshore wind project in the nine months ended in December. The trading house announced on…

State Department says US government ships can now pass through the Panama Canal without paying fees

Posted to Maritime Reporter on February 5, 2025

The U.S. Department of State announced on Wednesday that American government vessels will be able to transit the Panama Canal free of charge. The Department of Transportation posted on X that "the government of Panama has agreed not to charge fees to U.S. The agreement is expected to save the U.S.

After mid-April, the recovery of Tycoon Lynch’s sunken yacht will begin off Sicily.

Posted to Maritime Reporter on February 5, 2025

Sources close to the situation said on Wednesday that the superyacht, which sank in Sicily last April and killed British tech tycoon Mike Lynch, as well as six other people, would be recovered after its mast was dismantled. The salvage operation is expected to start around the middle of the month.

EIA: US crude and gasoline inventories are rising, while distillates are decreasing.

Posted to Maritime Reporter on February 5, 2025

The Energy Information Administration (EIA), which is responsible for the U.S. Energy industry, announced on Wednesday that crude oil and gasoline stocks in the United States increased while distillate inventories fell. The EIA reported that crude inventories increased by 8.7 millions barrels…

Wartsila CEO: US energy transition to continue despite Trump

Posted to Maritime Reporter on February 5, 2025

The U.S. will continue to transition away from fossil fuels and towards renewable energy despite the tariffs imposed by President Donald Trump, according to the CEO of the power plant manufacturer Wartsila. The President has outlined a comprehensive plan to maximize oil production.

Hapag-Lloyd claims it can deal with U.S. - China tariffs

Posted to Maritime Reporter on February 5, 2025

Hapag-Lloyd, a container shipping liner, will be able cope with U.S. Tariffs on Chinese Products. This was the chief executive's message to reporters on Tuesday. Rolf Habben Jansen, CEO of Rolf Habben Jansen, said that it was too early to panic…