Posted to Maritime Reporter
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June 9, 2025
In an interview published Monday, Kremlin assistant Nikolai Patrushev revealed that Russian President Vladimir Putin had approved a new navy strategy aimed at restoring Russia's status as one of world's foremost maritime powers. According to public rankings…
Posted to Maritime Reporter
on
June 8, 2025
Israeli Defence Minister Israel Katz instructed the military to stop a boat that was carrying activists, including Greta Thulberg of Sweden, who were planning to break an Israeli blockade to reach Gaza. The British-flagged Madleen, operated by the pro Palestinian Freedom Flotilla Coalition…
Posted to Maritime Reporter
on
June 6, 2025
A local official announced on Friday that the harvesting campaign had begun in Crimea earlier than expected. The goal is to collect 1,1 million metric tons, including 900,000.00 tons of wheat. The latest crop forecast for Crimea is lower than last year's 1.5 million ton harvest.
Posted to Maritime Reporter
on
June 4, 2025
European traders reported that Jordan's state grain purchaser purchased approximately 60,000 metric tonnes of animal feed barley in an international bid seeking up to 122,000 tons on Wednesday. The trading house Al Dahra was reported to have…
Posted to Maritime Reporter
on
May 28, 2025
The European Union proposed Wednesday creating a center to enhance security in the Black Sea, by collecting information from different countries and monitoring the region more closely. This move comes at a time when European officials are warning about the continued threat of Russia…
Posted to Maritime Reporter
on
May 26, 2025
Maxim Reshetnikov, the Russian Economy Minister, urged on Monday that central banks take into consideration slowing inflation when they meet next week to set interest rate. He warned that Russia's cooling economic is showing signs "hypothermia".
Posted to Maritime Reporter
on
May 23, 2025
Three sources confirmed on Friday that a Greek naval court had charged 17 coastguard officers in connection with one of the worst shipwrecks to occur in the Mediterranean two years ago. Hundreds of people were believed to have died. The shipwreck that occurred on June 14…
Posted to Maritime Reporter
on
May 23, 2025
Sovcomflot, Russia's largest tanker company, suffered a $393 million net loss in the first three months of the year. The group blamed the decline on the new Western sanctions, which have caused operational issues, reduced revenues, and the idleness of some sanctioned ships.
Posted to Maritime Reporter
on
May 22, 2025
Francois-Philippe champagne, Canada's finance minister, said that discussions about tariffs were held during the G7 meeting of financial leaders. This was despite the fact that they had been mentioned in the final communiqué. At the conclusion of the meeting…
Posted to Maritime Reporter
on
May 22, 2025
An official from Europe said that on Thursday, the United States was "not convinced" by the idea of lowering the price cap for Russian crude oil set by the Group of Seven Nations (G7). The European Union proposed lowering the cap to a level indicative of $50 per barrel.
Posted to Maritime Reporter
on
May 22, 2025
Four market sources have confirmed that Russia, the largest wheat exporter in the world, has removed the minimum price recommendation for grain exporters until the end the export season, which is July 1. Sources said that the initial minimum price for May and Juni was $250 per metric ton.
Posted to Maritime Reporter
on
May 22, 2025
Poland is investigating whether explosive devices have been planted after a Russian "shadow fleet's" ship was seen suspiciously moving near a cable connecting Poland and Sweden on Wednesday. According to Polish Prime Minister Donald Tusk, Poland will be looking into the matter.
Posted to Maritime Reporter
on
May 22, 2025
Uganda's finance ministry announced that it had signed an agreement worth $800 million with the Islamic Development Bank for the support of projects, such as a railway project, which aim to boost trade in the country. The railway will link to Kenya's Standard Gauge Railway…
Posted to Maritime Reporter
on
May 21, 2025
Ambrey, a British maritime security company, said that a hijack signal sent by a Panamanian flagged petroleum products tanker near Iran was a false alert. Ambrey reported the incident on Tuesday, south of the busy Strait of Hormuz shipping lanes without naming "UAE-linked vessel".
Posted to Maritime Reporter
on
May 21, 2025
The Kremlin announced on Wednesday that Russia will defend its ships in the Baltic Sea using all available means. A recent failed Estonian attempt at seizing a tanker showed that Moscow can respond with harsh action if necessary. It was reported…
Posted to Maritime Reporter
on
May 20, 2025
The European Commission announced on Tuesday that the EU had adopted four sets sanctions against Russia for the war in Ukraine, including a 17th set of measures targeting Moscow's Shadow Fleet, as well as measures relating to chemical weapons and human rights, and hybrid threats.
Posted to Maritime Reporter
on
May 20, 2025
Russia accused NATO on Tuesday of committing what it described as aggressive actions in Baltic Sea, which impeded freedom of shipping. This came after Estonia attempted to seize and failed to do so a tanker. Estonia reported on Thursday, last week…
Posted to Maritime Reporter
on
May 18, 2025
The Estonian Foreign Ministry reported that Russia had detained an oil tanker owned by Greece on Sunday, after it left a Baltic Sea port in Estonia. It also said it had alerted NATO of the incident. In a press release, the Ministry of Transport…
Posted to Maritime Reporter
on
May 17, 2025
The President Tayyip Erdoan announced on Saturday that Turkey had discovered a new natural gas reserve of 75 billion cubic metres (bcm). Erdogan stated during an event held in Istanbul that "with this discovery, we can meet the natural-gas needs of Turkish homes for 3.5 years".
Posted to Maritime Reporter
on
May 15, 2025
The Estonian Navy reported that it tried to detain an oil tanker bound for Russia under sanctions by Britain on Tuesday, claiming it had sailed without a flag and sailed in an illegal manner. However, it did not board the vessel when it refused cooperation, instead escorting to Russian waters.
