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Chinese freighter cuts EU delivery time in half on first Arctic voyage to UK

Posted to Maritime Reporter on October 14, 2025

State-run news agency Xinhua reports that a Chinese container ship completed a pioneering voyage through the Arctic and into a UK port. This journey cut in half the transit time of the electric vehicles aboard the ship, as well as the solar panels, which were destined for Europe.

Oil trader 2Rivers (formerly Coral Energy) stops trading

Posted to Maritime Reporter on June 19, 2025

The company announced on Thursday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has stopped its trading activities due to UK sanctions. Western powers have imposed sanction on Russia's traders and fleet, accusing them…

Dutch shipbuilder Damen is accused of corruption and violating sanctions by prosecutors

Posted to Maritime Reporter on April 25, 2025

The Dutch prosecutor said that they summoned Damen Shipyards, a shipbuilder in the Netherlands, on suspicion of violating EU Sanctions against Russia. They also opened a separate corruption case against Damen Shipyards and its top executives. The company denied the accusations.

Euronext is cautious about new contracts but proud of its core agricultural contracts

Posted to Maritime Reporter on April 1, 2025

Euronext wants to continue building on the record-breaking volumes of its main crop futures last year by attracting non-European participants like wheat importers from the Middle East. In an interview, Camille Beudin of Euronext, the head of diversified service and in charge of commodities…

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