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What is Crimea?

Posted to Maritime Reporter on March 18, 2025

The Crimean Peninsula, which Russia took from Ukraine in 2014., is the focal point of the most serious East-West conflict since the Cold War. It was widely believed that the fate of Crimea, and four provinces in which Russia has taken territory since it invaded Ukraine in 2022…

US builds submarine presence along strategic Australian coasts under AUKUS

Posted to Maritime Reporter on March 16, 2025

Sonar operators in the control room on the American Virginia-class attack submarine USS Minnesota off the coast of Western Australia adjust to the chattering of dolphins. This is a new area where U.S. subs will be increasing their presence.

New Zealand leads SailGP Los Angeles on the first day

Posted to Maritime Reporter on March 15, 2025

Peter Burling, the skipper of New Zealand's SailGP team, took two victories out of four races in the sunny and breezy conditions of Los Angeles Harbour on Saturday. New Zealand, which won the first race in Dubai, took the top spot on the final day with 31 points.

China Shipowners Group says US Port Fee Proposal Breaks WTO Rules, US Law

Posted to Maritime Reporter on March 13, 2025

According to a Thursday statement, the China Shipowners' Association is against a U.S. proposal that would impose hefty entry fees at ports on ocean cargo carriers who own vessels or have ordered them from China. The association says it violates both international laws and U.S. law.

Panama Canal Fees This Year 15% Below 2024, Authority Says

Posted to Maritime Reporter on March 12, 2025

The Panama Canal Authority's Ricaurte Vaquez said in a Wednesday video conference that the fees for vessels passing through the canal this year were 15% lower than last year, as the waterway has more capacity. A severe drought that will occur…

State oil company executive says Nigeria can meet OPEC production target

Posted to Maritime Reporter on March 11, 2025

A senior executive of Nigeria's national oil company NNPC told reporters on Tuesday that Nigeria would be able meet OPEC production targets. Udobong Nitia is the executive vice president for upstream at NNPC. He said that after years of not meeting OPEC quotas Nigeria finally met them in January.

Russell: Crude oil battle for market share may start in Asia

Posted to Maritime Reporter on March 11, 2025

Saudi Arabia and Russia, the top crude oil exporters in Asia, are boosting their cargoes for the region that is world's largest importer. China, which is the largest oil importer in the world, has emerged as the ground zero of the two exporters…

Officials in Sri Lanka welcome Adani's investment opportunities

Posted to Maritime Reporter on March 11, 2025

The spokesperson for the Sri Lankan cabinet said that the country has not changed its position on doing business in India with the Adani Group, and it welcomes any investment opportunities offered by the conglomerate. U.S. prosecutors indicted…

Russell: Crude oil battle for market share may start in Asia

Posted to Maritime Reporter on March 11, 2025

Saudi Arabia and Russia, the top crude oil exporters in Asia, are boosting their cargoes for the region that is world's largest importer. China, which is the largest oil importer in the world, has emerged as the ground zero of the two exporters…

Vitol CEO: China's GDP growth and concerns about demand threaten oil prices globally

Posted to Maritime Reporter on March 10, 2025

Vitol CEO Russell Hardy stated on Monday that the recent slowdown in economic growth, both in China and worldwide, has had a negative impact on oil demand. Benchmark oil prices fell to a three-year-low of $68.33 per barrel last week, and traded below $70 on Monday.

Tariffs loom as US container imports reach near record levels in February

Posted to Maritime Reporter on March 10, 2025

The U.S. imports of containers increased by 4.7% in February compared to the same month last year, but may drop in the coming months, as the U.S.'s trade war with China, and other trading partners, takes hold. Descartes, a supply chain technology company, said this on Monday.

UK Coastguard responds after ship collision near northeast coast

Posted to Maritime Reporter on March 10, 2025

The Maritime and Coastguard Agency announced on Monday that Britain's Coastguard was responding to reports about a collision involving a cargo vessel and a tanker off England's Northeastern Coast. The agency reported that a helicopter, fixed-wing aircraft and lifeboats…

South Korea wants to clear up any "misunderstanding" with the US regarding tariff rates

Posted to Maritime Reporter on March 10, 2025

South Korea's acting President on Monday instructed authorities to communicate actively with the U.S. Administration to resolve any misunderstandings over tariffs. This comes after U.S. president Donald Trump singled out South Korea recently for applying high tariffs.

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.

Trump's executive order will strengthen U.S. Shipbuilding in the face of China's dominance

Posted to Maritime Reporter on March 5, 2025

Donald Trump, the U.S. president, is currently drafting a draft executive order to resuscitate domestic shipbuilding while reducing China's dominance of the global ocean transportation industry which handles over 80% global trade. The draft fact sheet…

Trump creates office for shipbuilding and offers tax incentives

Posted to Maritime Reporter on March 5, 2025

On Tuesday, U.S. president Donald Trump informed Congress that his administration would create a shipbuilding office in the White House as well as offer new tax incentives to the sector. In a late-night address on Tuesday, Trump announced that…

Sources: Lockheed is ejected from the US Navy's fighter competition.

Posted to Maritime Reporter on March 4, 2025

People familiar with the decision say that the U.S. Navy has eliminated Lockheed Martin Corp. from the competition for its next-generation stealth fighter. This is a crucial part of the plans to face China at home. Lockheed Martin will be eliminated…

US aircraft carrier visits South Korea to show force against North Korea

Posted to Maritime Reporter on March 3, 2025

South Korea's Navy said that the USS Carl Vinson aircraft carrier arrived in Busan, a southern port city in South Korea, on Sunday to make a display of force against North Korea. The first U.S. Aircraft Carrier to dock in a South Korean Port since the second term of U.S.

South Korea's Industry Minister seeks exemption from Trump tariffs

Posted to Maritime Reporter on February 28, 2025

Seoul's Industry Ministry said that the South Korean industry minister asked for a tariff exemption during talks with U.S. officials, while Washington is moving forward with plans to implement new tariffs. Ahn Duk Geun met with U.S. Trade Representative Jamieson Greer, U.S.

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