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Maple Leafs looking for road victory against Capitals

Posted to Maritime Reporter on December 17, 2025

The Toronto Maple Leafs are hoping to continue their homestand on the road when they face the Washington Capitals Thursday night. The Leafs won their fifth home game in a row, 3-2. Auston Matthews and Dakota Joshua both scored within eight seconds…

South Korean submarine contractors jailed for leaking information

Posted to Maritime Reporter on December 17, 2025

According to a ruling that was reviewed by the. According to the ruling, on Tuesday, the Masan Branch Changwon District Court sent to prison the chief executive officer of a South Korean contractor for two and a quarter years and sentenced two employees from another firm to one and a quarter years.

US blockade will likely reduce Venezuela's foreign currency and increase inflation

Posted to Maritime Reporter on December 17, 2025

Analysts and business leaders say that foreign currency flows into Venezuela's private sector could drop in the next few weeks, after Washington ordered a ban on oil tankers as part of sanctions. This would likely fuel inflation in this OPEC country. U.S.

US decides whether to reconsider Virginia offshore wind project approval

Posted to Maritime Reporter on December 17, 2025

According to a document filed in court on Wednesday, the Trump administration is evaluating whether it should send back to the Interior Department for re-evaluation an approval given by Biden to a Virginia offshore wind project. In a court filing to the U.S.

US blockade will likely reduce Venezuela's foreign currency and increase inflation

Posted to Maritime Reporter on December 17, 2025

Analysts and business leaders'said that foreign currency flows into Venezuela's private sectors, in both cash and cryptocurrency could?fall over the next few weeks, after Washington ordered a blocking of oil tankers as part of sanctions. This would likely stoke inflation in Venezuela…

Venezuela's PDVSA resumes oil cargo deliveries following cyberattack, say sources

Posted to Maritime Reporter on December 17, 2025

Sources close to the company's operations say that Venezuelan state-run PDVSA resumed oil cargo deliveries at its terminals on Wednesday, following a cyberattack this week which affected its central administrative systems. The company was able…

South Korea's MFG begins buying corn at tender, traders claim

Posted to Maritime Reporter on December 17, 2025

South?Korean Major?Feedmill Group?has begun buying corn at an international auction on Wednesday, with initial purchases of 136,000 metric tonnes. According to traders, the tender is for up to 210,000 tons. Therefore, more purchases are possible.

China claims that the Philippines has distorted facts regarding an incident near a disputed atoll

Posted to Maritime Reporter on December 17, 2025

China's defense ministry accused the Philippines of?distorting?the truth about a?incident that involved?the Chinese Coast Guard and Filipino fishermen near an South China Sea Shoal. It defended Chinese action as "reasonable" and "lawful". Manila's…

US readies new Russia sanctions if Putin rejects peace deal, Bloomberg News reports

Posted to Maritime Reporter on December 17, 2025

Bloomberg News reported Wednesday that the United States is preparing to impose more sanctions on Russia's energy sector in the event President Vladimir Putin rejects a peace agreement with Ukraine. The report stated that the U.S. was 'considering' options…

South Korean submarine contractors jailed for leaking information

Posted to Maritime Reporter on December 17, 2025

A South Korean court has found two contractors who worked on Taiwan's sub programme guilty of leaking torpedo-launching system designs. The ruling called the case a "diplomatic burden" that could be placed on?Seoul. According to the ruling, on Tuesday…

South Korean milling group purchases about 20,800 tonnes of wheat from US traders, say

Posted to Maritime Reporter on December 17, 2025

European traders reported that a South Korean flour mill group purchased an estimated 20,800 metric tonnes of?milling?wheat to be sourced by the U.S. at an international auction on Wednesday. The purchase included several different types of?wheat and all were purchased on a FOB basis.

South Korea's MFG bids up to 210,000 tonnes corn, traders claim

Posted to Maritime Reporter on December 17, 2025

Major Feedmill Group in South Korea (MFG) issued a tender to purchase animal feed corn up to 210 000 metric tons, European traders reported on Wednesday. Three consignments ranging from 55,000 to 75,000 tons of corn are expected in South Korea between March and April 2026.

Jordanian traders report that the country has issued a tender for up to 120,000 tons of wheat.

Posted to Maritime Reporter on December 17, 2025

European traders reported on Wednesday that Jordan's state grain buyer has issued an international tender to purchase?up? to?120,000 metric tonnes of milling wheat, which can come from any origin. The deadline for submitting 'price offers' in the tender will be December 23.

Kawasaki Heavy CEO: Japan's military buildup will propel defence sales over forecast.

Posted to Maritime Reporter on December 17, 2025

The accelerating Japanese defence spending is likely to boost Kawasaki Heavy Industries' sales in the upcoming years above their projections, said its CEO on Wednesday, as contractors profit from an unprecedented military buildup. Sanae Takaichi…

Taiwan: Chinese aircraft carrier sails through Taiwan Strait

Posted to Maritime Reporter on December 16, 2025

Taiwan's defence ministry reported that China's most advanced and newest aircraft carrier, the Fujian sailed across the Taiwan Strait Tuesday. It was its first transit through the waterway since it officially entered service last month. Taiwan…

Oil rises by over 1% after Trump blocks oil tankers from entering or leaving Venezuela

Posted to Maritime Reporter on December 16, 2025

U.S. crude oil futures jumped more than 1% on Wednesday after U.S. President Donald Trump ordered "a total and complete" blockade against all sanctioned tankers that enter or leave Venezuela. U.S. Crude Futures rose 1.3% or 72 cents to $55.99 as of 0022 GMT.

Venezuela demands big oil discounts after tanker seizure

Posted to Maritime Reporter on December 16, 2025

Traders and sources claim that Venezuelan oil customers including Chinese refiners are demanding more?discounts from the state-run PDVSA following the U.S. seizing of a vessel carrying crude from the OPEC nation. The U.S. Coast Guard, as Washington…

NYT reports that the US has sent Cubans to Guantanamo Bay Naval Station.

Posted to Maritime Reporter on December 16, 2025

New York Times, citing sources familiar with the situation, reported that the U.S. Government?has sent 22 Cuban migrants for deportation to its naval base at?Guantanamo bay, Cuba. The Times reported that the men were believed to be the first…

Venezuela faces big oil discounts, pressure for contract changes after tanker seizure

Posted to Maritime Reporter on December 16, 2025

Traders and sources claim that Venezuela's PDVSA, the state-run oil company, is facing stuck cargoes, increasing price discounts, and customer demands to change the terms of spot contracts after the U.S. seized a ship transporting the OPEC nation's crude. The U.S.

Turkey claims to have shot down an uncontrolled drone in the Black sea

Posted to Maritime Reporter on December 16, 2025

The defence ministry said that Turkey shot down a drone which was approaching its airspace above the Black Sea. The?ministry issued a statement saying that Turkish and NATO F-16 jets had been put on alert after the 'detection' of the drone.

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