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Friday, August 29, 2025

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The US Navy has built a drone fleet in order to fight China. It's not working out.

Posted to Maritime Reporter on August 20, 2025

One of the top Pentagon drone boats stalled during a U.S. Navy test last month off the California coast. While officials were scrambling to fix a computer glitch, a drone vessel crashed into an idling boat on its starboard side. It then vaulted above the deck and crashed into the water.

EU wheat prices rise with Chicago, but Black Sea concerns persist

Posted to Maritime Reporter on August 20, 2025

Euronext Wheat edged up Wednesday as benchmark futures recovered from a contract's low. Chicago prices rose, while doubts about Russian exports, and the rapid end of the war in Ukraine, tempered expectations for large supplies. At 1521 GMT the December wheat contract…

The US Navy has built a drone fleet in order to fight China. It's not working out.

Posted to Maritime Reporter on August 20, 2025

One of the top Pentagon drone boats stalled during a U.S. Navy test last month off the California coast. While officials were scrambling to fix a computer glitch, a drone vessel crashed into an idling boat on its starboard side. It then vaulted above the deck and crashed into the water.

Chevron's first two Venezuelan oil cargoes after obtaining a license are now on their way to the US

Posted to Maritime Reporter on August 15, 2025

Data from vessel monitoring showed that the first two cargoes, of Venezuelan crude oil, exported by the energy giant Chevron following its renewed authorization to operate in Venezuela last month had departed for the United States. Chevron was granted a new license by the U.S.

Surging Dream and sinking Storm make their way to Vancouver for the first time in WNBA history

Posted to Maritime Reporter on August 14, 2025

The Atlanta Dream, playing in the first regular season game of the WNBA outside the United States on Friday, will attempt to worsen the situation for the Seattle Storm, who are in a shambles. This will be the fifth international game the league has played…

South Korean mills purchase about 50,000 tonnes of wheat from the United States

Posted to Maritime Reporter on August 13, 2025

European traders reported that a group of South Korean mills purchased an estimated 50,000 tons of milling grain to be sourced in the United States at an international auction on Wednesday. All wheat varieties were purchased on a FOB basis.

The FLC of South Korea has announced a tender to purchase up to 69,000 tonnes of corn

Posted to Maritime Reporter on August 13, 2025

European traders reported on Wednesday that the Feed Leaders Committee of South Korea (FLC) had issued an international tender for the purchase of 52,000-69,900 metric tons animal feed corn. The deadline to submit price offers for the tender is Wednesday…

China's military claims it 'drove off' a US destroyer near Scarborough Shoal

Posted to Maritime Reporter on August 13, 2025

China's military claimed on Wednesday that it "drove off" a U.S. ship which was sailing near the disputed Scarborough Shoal, in the busy strategic waterway of South China Sea. The Philippines had accused Chinese vessels during a supply trip…

Chevron's chartered tanker docks in Venezuela to load oil following new US license

Posted to Maritime Reporter on August 12, 2025

According to LSEG tracking information, a Chevron chartered tanker docked on Tuesday at the Jose terminal of Venezuelan state-owned company PDVSA, allowing it to become the first tanker to export crude oil to the United States using a new license Chevron obtained in July. Last month, the U.S.

After fatal helicopter crash, the Mississippi River is reopened north of St. Louis

Posted to Maritime Reporter on August 8, 2025

U.S. Coast Guard announced on Friday that the Mississippi River is now open to vessel traffic north from St. Louis. It had been closed because of a helicopter crash on Thursday which killed two people. According to the Coast Guard, the interior U.S.

Italian Sea Group shares fall 9.7% after lowering 2025 guidance due to US tariffs

Posted to Maritime Reporter on August 8, 2025

The Italian Sea Group shares fell up to 9.7% on Friday after the group lowered its revenue forecast for 2025 and core profit margins, citing U.S. trade policies that are protectionist and geopolitical tensions. In a recent statement, the luxury…

Shipping data shows that Chevron chartered tankers are returning to Venezuela following the US licensing.

Posted to Maritime Reporter on August 7, 2025

According to sources and shipping data, at least three vessels used by oil major Chevron to transport Venezuelan crude into the U.S. sailed toward the South American nation's waters Thursday. Exports are expected to resume in the coming months following the issuance of a new U.S. licence.

Source in the Indian government says that Nayara Energy is looking for ships to transport refined fuels from India.

Posted to Maritime Reporter on August 7, 2025

A government source revealed on Thursday that the private refiner Nayara Energy backed by Russia, which had been sanctioned last month by the European Union, was seeking help from India's Shipping Ministry to obtain vessels for the transportation of its refined fuels.

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…

Days after Trump's move, Russian and Chinese navies have practiced destroying an 'enemy sub'

Posted to Maritime Reporter on August 6, 2025

Russian and Chinese navies practiced hunting down and destroying an opponent submarine in the Sea of Japan. This was announced by Russia's Defence Ministry on Wednesday. Days earlier, U.S. president Donald Trump had said that he moved two U.S. nuke subs closer towards Russia.

US Coast Guard: Titan submersible design was a major factor in its implosion

Posted to Maritime Reporter on August 5, 2025

The U.S. Coast Guard's investigative board found Tuesday that "inadequate" design of the Titan submersible played a major role in its 2023 implosion, which left five people dead. Titan, a British passenger ship that sank on the seabed in 1912 killing more than 1…

South Korea's MFG purchases 65,000 T of feed wheat from the United States

Posted to Maritime Reporter on August 5, 2025

Major Feedmill Group, a South Korean company, purchased 65,000 metric tonnes of animal feed wheat from the United States on Tuesday in a deal that was not subject to an international tender. A consignment of goods was purchased for an estimated…

Greek defence industry plans are based on anti-drone systems

Posted to Maritime Reporter on August 5, 2025

In just a few minutes, a new anti-drone Greek system showed what it was capable of. Centauros, a system developed by the European Union, was tested in the Red Sea last year. It detected and quickly destroyed two aerial drones fired by Yemeni…

After Trump's order for a submarine, the Kremlin warns against nuclear rhetoric

Posted to Maritime Reporter on August 4, 2025

In its first reaction to Donald Trump's statement that he ordered the repositioning nuclear submarines in the United States, the Kremlin warned everyone on Monday against using nuclear rhetoric. Dmitry Peskov, Kremlin spokesperson, played down…

Russian and Chinese naval forces conduct anti-submarine and artillery drills in the Sea of Japan

Posted to Maritime Reporter on August 3, 2025

As part of joint exercises scheduled, the Russian Pacific Fleet said on Sunday that the Russian and Chinese navies were conducting artillery and counter-submarine drills at sea in Japan. Two days after U.S. president Donald Trump claimed that he had a plan, the drills take place.

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