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December 22, 2025
Donald Trump, President of the United States, announced plans on Monday to build a new class of battleships, larger, faster, and "100 times stronger" than anything before. The goal is to cement U.S. Naval dominance. He said that the project would be eventually expanded to include?20-?25 new vessels.
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December 22, 2025
The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by adjusting output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…
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December 22, 2025
The Panamanian foreign minister announced?on Monday? that an?American?tanker was recently intercepted?by Panama. The Panamanian flagged vessel violated the maritime laws of the country and disconnected its transponder as it sailed out of Venezuelan waters with a crude cargo.
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December 22, 2025
Euronext wheat increased for a third day on Monday, continuing a recovery from the contract lows. Attacks by Ukraine and Russia against each other's Black Sea coasts led to some short-covering. The most active contract, March?wheat on Paris' Euronext exchange…
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December 22, 2025
Department of the Interior announced on Monday that the Trump administration has suspended the?lease for five large-scale offshore wind projects under construction due to national?security concerns. The Department said that the move was made…
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December 22, 2025
Alinghi will return for the 2027 America's Cup. Organisers of the competition confirmed on Monday that the Swiss outfit was one of at least five teams comprising a new America's Cup Partnership. Alinghi announced in April that they would cease…
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December 22, 2025
China's Foreign Ministry said on Monday that the seizure by the United States of another country's vessels was a'serious violation of international law', after the U.S. stopped a China bound oil tanker near the Venezuelan coastline. China's Lin Jian…
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December 21, 2025
Regional authorities in Russia's Krasnodar Region said that a Ukrainian drone attack damaged two vessels and two piers, as well as causing a fire, on the Black Sea Coast. The Krasnodar operational headquarters announced on the Telegram app that…
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December 21, 2025
Officials told reporters?on Sunday that the U.S. Coast Guard was pursuing a?oil-tanker near Venezuela in international waters. This would be the third?such operation? in less than a month and the second this weekend. The official said that the tanker had been sanctioned.
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December 21, 2025
Emmanuel Macron, President of France, confirmed his plans to build a larger and'more modern' aircraft carrier to replace the Charles de Gaulle carrier. This will boost France as a maritime superpower. Macron, who first touted these plans in 2020 was speaking to troops at a French base in Abu 'Dhabi…
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December 20, 2025
Three U.S. officials confirmed on Saturday that the United States has seized a vessel in international waters off the coast of Venezuela. This move comes just days after U.S. president Donald Trump announced an "interdiction" against all oil tankers sanctioned by Venezuela.
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December 20, 2025
Three U.S. officials confirmed on Saturday that the United States has seized a vessel in international waters off the coast of Venezuela. This comes just a few days after U.S. president Donald Trump declared a "blockade", which would prevent all sanctioned tankers from entering or leaving Venezuela.
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December 19, 2025
Ship tracking data revealed that a tanker under U.S. sanctions, carrying 300,000 barrels naphtha from Russia, entered Venezuelan waters on Thursday night, while another started re-routing course?into the Atlantic Ocean. This was a result of differing last-minute decisions made by ship owners…
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December 19, 2025
Ship tracking data revealed that a sanctioned Russian tanker, carrying 300,000 barrels worth of naphtha, entered Venezuelan water late Thursday. Three other tankers also?under sanctions stopped navigation or redirected course to the Atlantic Ocean.
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December 19, 2025
Greece's Coast Guard saved about 540 migrants from a boat near Europe's southernmost Island of 'Gavdos' on Friday. This was one of the largest groups of migrants to reach Greece in recent months. A Coast Guard press release said that the migrants…
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December 19, 2025
European traders reported on Friday that a South Korean flour'mill group' purchased an estimated 50,000 tons of milling wheat this week to be sourced from the United States. This purchase is in addition to the 20,800 tons U.S. origin wheat purchased by another South Korean milling company this week.
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December 19, 2025
The MOD70 'trimarans Argo & Zoulou are set to renew rivalry at the 2026 RORC Transatlantic Race, which starts on January 11, in Lanzarote. Argo (American flagged) and Zoulou (France flagged), both skippered by Jason Carroll can reach speeds of up to 40 miles per hour as they race over 3…
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December 18, 2025
According to two sources familiarized with Venezuela's oil-export operations, Venezuela approved on Thursday the departure of two very large crude carriers (VLCC). This would be just the second and third supertankers since last week, when a ship carrying Venezuelan oil was seized by U.S.
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December 18, 2025
Washington imposed sanctions on 29 vessels, their management companies and related firms on Thursday as it targeted Tehran's alleged "shadow fleet" that exports Iranian oil and petroleum products. U.S. Treasury says the targeted vessels and…
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December 18, 2025
The European Union imposed sanctions on Thursday against 41 additional ships of 'Russia's Shadow Fleet, bringing the total number of designated vessels to nearly 600. EU Council: The EU has banned the ships from entering EU ports, and they can…
