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TASS reports that a Russian Navy submarine launched missiles during drills in the Sea of Japan.

Posted to Maritime Reporter on March 26, 2025

The Russian state news agency TASS reported that a submarine of the Pacific Fleet of Russia conducted drills on the Sea of Japan. It launched cruise missiles against sea and coastal targets. "During an exercise scheduled, the diesel-electric…

Trump will impose a 25% tariff on countries who buy oil and gas from Venezuela

Posted to Maritime Reporter on March 24, 2025

Donald Trump, the U.S. president, said Monday that any country buying oil or gas in Venezuela would be charged a 25% duty on all trades with the United States. The "secondary tariffs" will go into effect on April 2nd, Trump stated in a Truth Social posting.

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…

Spiegel reports that Germany has confiscated a tanker belonging to the Russian "shadow fleet".

Posted to Maritime Reporter on March 21, 2025

Spiegel, citing anonymous security sources, reported that Germany had confiscated an old tanker, found drifting off its northern coast, believed to be a part of the shadow fleet Russia used to circumvent oil sanction. German authorities seized the Panama-flagged vessel…

Spiegel reports that Germany has confiscated a tanker belonging to the Russian "shadow fleet".

Posted to Maritime Reporter on March 21, 2025

Spiegel, citing anonymous security sources, reported that Germany had confiscated an old tanker, found drifting off its northern coast, believed to be a part of the shadow fleet Russia used to circumvent oil sanction. German authorities seized the Panama-flagged vessel…

Oil prices rise on US attacks on Houthis and China's economic hopes

Posted to Maritime Reporter on March 17, 2025

The oil prices rose on Monday as the United States pledged to continue attacking the Houthis in Yemen until they stop their attacks on shipping. Meanwhile, Chinese economic data fueled hopes of higher demand. Donald Trump, the President of the United States…

Ferretti, the Italian yacht manufacturer, is looking to acquire a new boat this year

Posted to Maritime Reporter on March 10, 2025

Ferretti, the Italian yacht manufacturer, plans to acquire a company or asset this year. The Chief Executive did not specify whether it would be a brand name, a yard, or something else. Alberto Galassi, CEO of the company, told journalists that there were three files.

Wall Street Journal, March 7, 2019

Posted to Maritime Reporter on March 7, 2025

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. SpaceX's Starship rocket exploded in the space on Thursday, just minutes after it lifted off from Texas. The FAA halted air traffic in some parts of Florida.

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.

The Royal Navy of the UK monitors the latest Russian warship to sail through Channel

Posted to Maritime Reporter on March 5, 2025

The Royal Navy of Britain said Wednesday that it had monitored a Russian merchant ship and a warship this week as they traveled through the English Channel to the North Sea. The Royal Navy stated that HMS Somerset "watched each move" while Russia's…

Saipem claims Subsea 7, Inc. merger is driven by fleet expansion

Posted to Maritime Reporter on February 26, 2025

The CEO of Italy's Saipem group stated on Wednesday that the rationale behind a merger of Italy's Saipem with Norway's Subsea 7 was to combine fleets to better serve customers and reduce costs. On Sunday, the two companies announced their intention…

Copenhagen Infrastructure Partners buys Morecambe Wind Project

Posted to Maritime Reporter on February 26, 2025

The fund manager announced on Wednesday that Copenhagen Infrastructure Partners had agreed to purchase an offshore wind project from COBRA Group and Flotation Energy in Britain. Morecambe is a 480 megawatt offshore wind project located in the Eastern Irish Sea, off the coast of Lancashire.

Japan's ANA orders 77 jets from Boeing, Airbus and Embraer

Posted to Maritime Reporter on February 25, 2025

ANA Holdings, a Japanese airline, said it would place a record-breaking order of up to 77 planes to replace its fleet and capitalize on the growing travel demand. ANA reported that the order, which was its biggest ever in terms aircraft numbers…

Meloni, an Italian company, has secured a pledge of investment worth 40 billion dollars from the UAE.

Posted to Maritime Reporter on February 24, 2025

At a Rome bilateral summit, the United Arab Emirates announced that it plans to invest 40 billion dollars in Italy. The two countries did not give a timeframe. Since taking office as Italian Prime Minister in 2022 Giorgia Mello has sought to strengthen ties with Gulf nations…

Key Takeaways From Trump-Putin Talks: Ukraine, Energy, NATO, Sanctions

Posted to Maritime Reporter on February 20, 2025

The first meeting between Russia and the United States since the beginning of the Ukraine conflict was held to restore relations and prepare the ground for a peaceful resolution. What has been discussed so far? UKRAINE WAR Donald Trump, the U.S. president, says that he wants a quick end to the war.

North Korea criticizes US over AUKUS nuclear submarine deal

Posted to Maritime Reporter on February 19, 2025

North Korean state-run media on Thursday criticised the United States over a nuclear submarine agreement with Australia signed under the AUKUS Partnership in 2021. A KCNA commentary said that Washington should be cautious about the consequences of what they called nuclear alliances.

Norway Police arrests ship on suspicion Baltic Sea cable damage

Posted to Maritime Reporter on January 31, 2025

Norwegian police announced on Friday that they arrested a Norwegian vessel with a Russian crew, on suspicion of causing damage to an optical cable in the Baltic Sea. Tromsoe police, in Tromsoe city, north of Norway said that the arrest was made at the request by Latvian authorities.

Wall Street Journal, Jan 28,

Posted to Maritime Reporter on January 28, 2025

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. The cryptocurrency exchange KuCoin has pleaded guilty to allegations that it was operating as a money-transmitting company without a license in the U.S.

German-Indian joint venture emerges as the sole bidder for India's $5 billion submarine deal

Posted to Maritime Reporter on January 23, 2025

According to a stock exchange filing, German shipbuilder ThyssenKrupp, along with its Indian partner, has cleared field trials in order to build six advanced conventional subs for the Indian Navy. An Indian defence source claimed that their potential competitor…

An NGO claims that dozens of migrants could have drowned on their way to Spain via boat.

Posted to Maritime Reporter on January 16, 2025

Walking Borders, a group that advocates for migrants' rights, said Thursday that as many as fifty migrants who attempted to reach Spain via boat from West Africa drowned. Moroccan authorities rescued 36 people on Wednesday from a boat which had left Mauritania in January…

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