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Trump names an envoy for Panama after US urges reassertion of control over canal

Posted to Maritime Reporter on December 26, 2024

U.S. President elect Donald Trump appointed Miami-Dade County commissioner Kevin Marino Cabrera as ambassador to Panama, after threatening to reassert U.S. control over the Panama Canal that it handed over to Panama 25 years ago. Cabrera was…

At a press conference, Trump spoke about Canada, Mexico and Gaza hostages

Posted to Maritime Reporter on January 7, 2025

Donald Trump, the Republican U.S. president-elect, held a presser on Tuesday. He spoke about NATO, Israeli hostages, and his desire for the U.S.A. to purchase Greenland. Elon Musk was also mentioned, as well as speculations about Canada becoming an American state. Before his Jan.

Trump will not rule out military and economic action in his quest to control the Panama Canal, Greenland

Posted to Maritime Reporter on January 7, 2025

Donald Trump, the president-elect of the United States, declined to rule out any military or economic action on Tuesday as part of his stated desire for the U.S. to regain control of the Panama Canal. He also aspires to acquire the Danish territory Greenland.

Trump will not rule out military and economic action in his quest to control the Panama Canal and Greenland

Posted to Maritime Reporter on January 7, 2025

Donald Trump, the president-elect of the United States, declined to rule out any military or economic action on Monday as part of his stated desire for the U.S. to regain control of the Panama Canal. He also vowed to acquire Danish-controlled Greenland.

How Iran is moving sanctioned oil around in the world.

Posted to Maritime Reporter on January 7, 2025

Published a special report based on leaked emails last year that showed how Iranian oil company Sahara Thunder moved around the globe. The story shows the journeys of tankers carrying Iranian crude oil and the methods they use to avoid detection.

International crude exports dip as trade routes reshuffle once again

Posted to Maritime Reporter on January 7, 2025

refinery and pipeline changes reshuffled trade routes. and providers and purchasers split into areas. exports to Europe declined and more U.S. oil went to Europe. been rerouted to India and China. have shut in Europe in the middle of ongoing attacks on Red Sea shipping.

United States Gulf Coast fuel oil imports struck record low as Latam shipments sluggish

Posted to Maritime Reporter on January 6, 2025

America's biggest refining hub on the U.S. Gulf Coast was up to a. record low in December, according to information from ship tracker. Kpler, as Latin American materials dried up. The drop in fuel oil imports comes as residual fuel oil. stocks on the U.S.

Sources say that the US is planning to impose more sanctions against tankers transporting Russian oil.

Posted to Maritime Reporter on January 6, 2025

Two sources familiar with the situation said that on Sunday, the Biden administration intends to increase sanctions against Russia for its war in Ukraine. They will target its oil revenues by targeting tankers transporting Russian crude. The…

US prepares more sanctions on tankers carrying Russian oil, sources state

Posted to Maritime Reporter on January 6, 2025

understanding of the matter said on Sunday. workplace on Jan. complaints about the expense of U.S. support for Ukraine. will be. barrel cost cap, the sources stated. so-called shadow fleet of aging ships to evade the cap. professionals say. Since Russia's February 2022 invasion of Ukraine, the U.S.

Venezuela's oil exports in 2024 will rise 10.5% amid political turmoil

Posted to Maritime Reporter on January 3, 2025

Venezuelan oil exports increased 10.5% in the last year, despite the political instability of the country and the changes made to the U.S. sanction regime. This was due to partners of the state oil company PDVSA taking more cargoes with licenses issued by Washington.

LSEG data: Sanctioned LNG Tanker Mulan headed to Egypt

Posted to Maritime Reporter on December 26, 2024

According to LSEG, a sanctioned LNG-tanker named "Mulan", that approached Novatek’s SAAM FSU floating store facility in Murmansk in December 21, is now sailing around Northern Europe on its way towards Port Said, Egypt. The vessel should arrive at its destination by January 6, 2025.

Master Lock Comanche is the leader of the Sydney to Hobart Race.

Posted to Maritime Reporter on December 25, 2024

Master Lock Comanche, LawConnect and other favourites took an early lead on Thursday in the 79th Sydney to Hobart Yacht Race. The supermaxis were leading the 104 yachts out into the South Pacific. LawConnect, who won line honours in an exciting finish last year by only 51 seconds…

Mosaic reports lower sales of phosphates and potash in the early Q4

Posted to Maritime Reporter on December 23, 2024

Mosaic Fertilizer said that its sales of phosphates and potash fell in the first two quarters of the fourth year compared to the previous one. The company reported that the phosphate sales volume for October and November fell 7.2%, to 946 000 tonnes…

Financial Times - Dec 23

Posted to Maritime Reporter on December 22, 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. The British Chambers of Commerce have called on the Prime Minister Keir starmer to agree…

US fighter shot down by 'apparent friendly fire' in the Red Sea

Posted to Maritime Reporter on December 21, 2024

Both pilots were forced to evacuate after the U.S. military accidentally shot down one its fighter planes over the Red Sea on Sunday morning. U.S. Central Command released a statement saying that both were rescued with one suffering minor injuries…

Black Sea CPC blend oil exports unchanged compared to December plan, sources say

Posted to Maritime Reporter on December 19, 2024

Two sources familiar with this matter said that the Black Sea CPC blend oil exports via Caspian Pipeline Consortium's (CPC) pipeline will remain at 1,43 million barrels per days (bpd) for January, the same as the plan from December. Sources…

Italy's Treasury and Asterion submit binding bids for Telecom Italia's subsea division

Posted to Maritime Reporter on December 19, 2024

The Italian Economy Ministry announced on Thursday that a consortium led by it has submitted a 700-million-euro ($733-million) binding bid for Telecom Italia (TIM)'s Sparkle submarine cable unit. The Ministry is bidding against Retelit, a Spanish…

Textron pauses production, weighs its options for the off-road vehicle business

Posted to Maritime Reporter on December 18, 2024

Textron, the Cessna jet manufacturer, said that it is looking at strategic alternatives to its Powersports line of products due to persistently low demand. Under the Arctic Cat brand, the Powersports division, part of Textron Specialized Vehicles' Industrial segment…

Thyssenkrupp says pursuing spin-off for marine division

Posted to Maritime Reporter on December 17, 2024

A spokesperson for Thyssenkrupp said that a spinoff was the best option to divest its defence business. This came after a German paper reported on Tuesday that several bidders had submitted offers for the unit. Carlyle, the German state lender…

Fincantieri Sparkle and Telecom Italia join forces to protect submarine cables

Posted to Maritime Reporter on December 17, 2024

Fincantieri, an Italian company, and Sparkle, a unit of Telecom Italia that deals with submarine cables and surveillance systems for telecommunications cable networks in the oceans have agreed on developing solutions to monitor and protect these cables.

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