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Russia denies that a submarine malfunctioned and surfaced near France

Posted to Maritime Reporter on October 13, 2025

Russia denied on Monday that its submarine was experiencing technical difficulties after it surfaced near the northern French coast. NATO's Maritime Command released photos on October 9, claiming to show a French Navy frigate observing a Russian…

Trump and Finland’s Stubb approve a deal for icebreaker vessels

Posted to Maritime Reporter on October 9, 2025

U.S. president Donald Trump and his Finnish counterpart Alexander Stubb signed an agreement Thursday that will allow the U.S. Coast Guard up to eleven icebreakers to enhance U.S. security in the Arctic. Trump and Stubb established friendly relations since Trump gained power in January.

EU official: EU wants to increase the ban on Russian LNG as part of 19th package sanctions

Posted to Maritime Reporter on September 18, 2025

An EU official revealed that the European Commission is examining a proposal for a faster ban on Russian natural gas liquefied in its 19th set of sanctions against Moscow due to its invasion of Ukraine. This new initiative follows an earlier call made by U.S.

Poland will decide this week on sub-purchases, says PM

Posted to Maritime Reporter on September 16, 2025

The Prime Minister Donald Tusk announced on Tuesday that Poland would decide this week on the procurement of submarines, with the first subs being purchased by the end the year. Poland plans to purchase three submarines through its "Orka' programme…

Trafigura economist: Oil shadow fleet is growing due to sanctions

Posted to Maritime Reporter on September 8, 2025

Saad Rahim is the chief economist at Trafigura, a major trading company. He said that the shadow fleet of oil tanks has grown following Western sanctions against Russia for its war in Ukraine. The shadow fleet plays a crucial role in ensuring that Russian crude oil is available to buyers…

Norwegian government: Norway chooses British-made ships for its Navy

Posted to Maritime Reporter on August 31, 2025

Norway's government announced on Sunday that the Norwegian Navy plans to order a new fleet of British-made ships to strengthen its maritime defense. Germany, France Britain and the United States all submitted competing designs for frigates in…

Oil trader 2Rivers, formerly Coral Energy, begins dissolution process

Posted to Maritime Reporter on August 6, 2025

The company announced on Wednesday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has begun the formal dissolution process following the sanctions imposed by Britain and the European Union. The company said it took the decision with great regret…

In UK court, Russian captain who was involved in US tanker accident pleads guilty to manslaughter

Posted to Maritime Reporter on May 30, 2025

The captain of the container ship which collided with a U.S. oil tanker near Britain's East Coast pleaded guilty to manslaughter through gross negligence in London on Friday. Vladimir Motin was a Russian citizen, aged 59. He was the captain…

Official: US not convinced by lower G7 price cap for Russian oil

Posted to Maritime Reporter on May 22, 2025

An official from Europe said that on Thursday, the United States was "not convinced" by the idea of lowering the price cap for Russian crude oil set by the Group of Seven Nations (G7). The European Union proposed lowering the cap to a level indicative of $50 per barrel.

Financial Times - April 21

Posted to Maritime Reporter on April 21, 2025

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 stories. Estonia warns that lifting Russia sanctions would harm EU taxpayers. The British Finance…

CME to launch new wheat futures for Romania/Bulgaria, say traders

Posted to Maritime Reporter on March 21, 2025

CME Group, a financial markets operator, is developing plans to create a Black Sea Wheat Futures Contract that tracks Romanian and Bulgarian wheat prices. CME, the company that has U.S. Corn, Wheat and Soybean Futures that serve as global benchmarks for prices…

US crude exports in India reached a 2-year high in February as Russia sanctions bite

Posted to Maritime Reporter on March 6, 2025

Ship tracking data revealed that U.S. crude oil exports to India reached their highest level in two years last month, as refiners sought alternatives to Russian tankers and producers after the U.S. tightened sanctions. Kpler's ship tracking data showed that the U.S.

Data shows that a sanctioned LNG tanker passes through the Suez Canal.

Posted to Maritime Reporter on September 30, 2024

LSEG data revealed on Monday that the Pioneer tanker sanctioned by America for its links with Russian-sourced liquefied gas (LNG) has passed through Suez Canal carrying an LNG cargo. It was not immediately known where the LNG-flagged Pioneer would be heading or what its source was.

Financial Times - July 19,

Posted to Maritime Reporter on July 23, 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. Overview - On Thursday, the Bank of England announced that it was experiencing a temporary outage of its CHAPS interbank payments system.

Bloomberg News: Russia sent Kilo submarine twice to Irish Sea.

Posted to Maritime Reporter on July 1, 2024

Bloomberg News reported Monday that Russian attack subs have carried out missions in the Irish Sea two times since the invasion of Ukraine in 2022, citing sources familiar with the issue. Reports indicate that the first deployment of the Russian…

Germany refuses to be intimidated by Russia following a reported plot against Rheinmetall CEO

Posted to Maritime Reporter on July 12, 2024

The German government announced on Friday that Berlin takes reports of an assassination plot against the head of Rheinmetall arms manufacturer very seriously. It will not be intimidated by Russian threats. CNN and The New York Times reported on Thursday that U.S.

US, Canada and Finland launch efforts to build icebreaking ships while China and Russia collaborate in Arctic

Posted to Maritime Reporter on July 11, 2024

A senior U.S. official announced that the U.S. will be forming a consortium with Canada and Finland to build icebreakers. This move is intended to boost shipbuilding among allies and to counter Russia and China's increasing influence in strategic polar regions.

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