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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.

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.

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…

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