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Fletcher's first SailGP victory signals America's Cup intent for Britain

Posted to Maritime Reporter on February 10, 2025

Dylan Fletcher was determined to earn points and climb the leaderboard after his first victory as Britain's SailGP skipper at the weekend's event in Sydney. He also wanted to show he could 'fly solo'. Ben Ainslie who was the British America's…

Oman and Australia LNG vessels move west, including one via the Red Sea as Europe increases LNG supply

Posted to Maritime Reporter on February 10, 2025

Shiptracking data revealed on Monday that at least three LNG vessels from Oman and Australia were heading west to deliver the gas, one of which was sailing through the Red Sea. This is because higher prices in Europe are continuing to attract more supplies.

Trump expects Musk will find billions of dollars in Pentagon waste

Posted to Maritime Reporter on February 9, 2025

U.S. president Donald Trump said that he expects Elon to uncover billions of dollars in fraud and abuse within the Pentagon, during an audit led by the billionaire. I'm going tell him to check out the Department of Education very soon. Maybe in 24 hours. Then, I will go and check with the military.

Trump claims that Musk's DOGE will find billions of dollars in Pentagon waste

Posted to Maritime Reporter on February 9, 2025

U.S. president Donald Trump said he expects Elon to uncover billions of dollars in fraud and abuse within the Pentagon, during an audit led by the billionaire. I'm going tell him to check out the Department of Education very soon. Maybe in 24 hours. Then, I will go and check with the military.

SailGP Sydney: Britain wins thrilling final in Sydney

Posted to Maritime Reporter on February 9, 2025

Dylan Fletcher’s Britain defeated Giles Scott’s Canada in an exciting final on Sydney Harbour on Sunday to win the third round of SailGP and extend their lead in the series standings. Australia with Tom Slingsby as the skipper had won three…

SailGP Day One in Sydney: Australia's smooth start dominates

Posted to Maritime Reporter on February 8, 2025

Australia won two out of four races on Saturday, the first day of SailGP's third round. Skipper Tom Slingsby was a master of starting and gave the Australian team the victory. Three-time champions Australia, who won the series' second round in Auckland…

State Department says US government ships can now pass through the Panama Canal without paying fees

Posted to Maritime Reporter on February 5, 2025

The U.S. Department of State announced on Wednesday that American government vessels will be able to transit the Panama Canal free of charge. The Department of Transportation posted on X that "the government of Panama has agreed not to charge fees to U.S. The agreement is expected to save the U.S.

EIA: US crude and gasoline inventories are rising, while distillates are decreasing.

Posted to Maritime Reporter on February 5, 2025

The Energy Information Administration (EIA), which is responsible for the U.S. Energy industry, announced on Wednesday that crude oil and gasoline stocks in the United States increased while distillate inventories fell. The EIA reported that crude inventories increased by 8.7 millions barrels…

Wartsila CEO: US energy transition to continue despite Trump

Posted to Maritime Reporter on February 5, 2025

The U.S. will continue to transition away from fossil fuels and towards renewable energy despite the tariffs imposed by President Donald Trump, according to the CEO of the power plant manufacturer Wartsila. The President has outlined a comprehensive plan to maximize oil production.

Hapag-Lloyd claims it can deal with U.S. - China tariffs

Posted to Maritime Reporter on February 5, 2025

Hapag-Lloyd, a container shipping liner, will be able cope with U.S. Tariffs on Chinese Products. This was the chief executive's message to reporters on Tuesday. Rolf Habben Jansen, CEO of Rolf Habben Jansen, said that it was too early to panic…

Fincantieri, Italy's cruise ship manufacturer, wins a $9 billion order from Norwegian Line.

Posted to Maritime Reporter on February 5, 2025

Norwegian Line Holdings and Italian shipbuilder Fincantieri announced on Wednesday that they had reached an agreement for four new cruise ships. A source familiar with the matter estimated that this deal was worth approximately 9 billion euros (9.34 billion dollars).

Sources say that China has delayed or redirected imports of 600,000 tonnes of wheat.

Posted to Maritime Reporter on February 5, 2025

Two trade sources who have direct knowledge of this matter say that China has delayed the imports of up 600,000 metric tonnes of wheat, mostly Australian, and offered some of those cargoes to buyers other than itself as domestic supplies are reducing demand in the top grain buyer in the world.

Goldman Sachs says that China's retaliatory actions will have a limited impact on energy costs.

Posted to Maritime Reporter on February 4, 2025

Goldman Sachs said on Tuesday that it expected Beijing's retaliatory duties in response to the new U.S. sanctions against Chinese products to have a limited impact on energy costs. The 10% tariff imposed by President Donald Trump on Chinese products went into effect at 12:01 am.

New Jersey won't be awarding new offshore wind contracts

Posted to Maritime Reporter on February 3, 2025

New Jersey's regulator of public utilities announced on Monday that it will not award new contracts for offshore wind, just days after Shell pulled out of the one project where a final bid had been submitted. Uncertainty regarding federal support of the industry.

Sources say that the daily Tengiz oil production in Kazakhstan reached a record high at the end of January.

Posted to Maritime Reporter on February 3, 2025

Two industry sources who are familiar with the calculations and data say that the daily output of Kazakhstan's biggest field, Tengiz has reached a new record high in late January. This is a 45% increase from the average for 2024. The Kazakh…

Rubio to Panama: China is threatening canal and changes are needed.

Posted to Maritime Reporter on February 2, 2025

A spokesperson for the State Department said that U.S. Secretary Marco Rubio informed Panamanian President Jose Raul Mulino during talks on Sunday that Donald Trump had determined that China's influence threatened the Panama Canal, and that urgent changes were required or the U.S. might act.

Rubio begins Latin America tour with canal and migration talks in Panama

Posted to Maritime Reporter on February 2, 2025

Marco Rubio, the top Trump administration diplomat, began his first overseas visit to Panama on Sunday. He was scheduled to meet Panamanian president Jose Raul Mulino and discuss U.S. concern about Chinese companies that could affect U.S. shipping…

US envoy says China's presence near the Panama Canal is a security issue

Posted to Maritime Reporter on January 31, 2025

Mauricio Clever-Carone, U.S. Special Envoy for Latin America said that China's presence near the Panama Canal was a concern to Panama's national security, just days before the top U.S. diplomat Marco Rubio visited the country. Rubio is scheduled to depart for his first overseas trip on Saturday.

What aircraft was involved in the mid-air crash that occurred in Washington DC

Posted to Maritime Reporter on January 30, 2025

Officials said that an American Airlines regional passenger plane and a U.S. Army Black Hawk chopper crashed into the icy Potomac River on Wednesday night after colliding in midair near Reagan Washington National Airport. The Sikorsky UH-60…

Financial Times - Jan 30

Posted to Maritime Reporter on January 30, 2025

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. -British car parts group Dowlais agrees $1.49 bln U.S. -Harland & Wolff’s new Spanish owner Navantia will invest…

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