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Thyssenkrupp and Jindal in 'intensive' discussions over the sale of steel unit

Posted to Maritime Reporter on October 20, 2025

Thyssenkrupp's CEO confirmed that the German conglomerate is in "intensive" talks with Jindal Steel International about the Indian group’s interest in the steel business. He called it a "good collaboration", but warned that the discussions might take some time.

The latest sign of the boom in defence assets is TKMS, a shipbuilder that has just made its stock market debut.

Posted to Maritime Reporter on October 20, 2025

TKMS, a shipbuilder, began trading on the stock market at 60 euros ($69.95), valuing it higher than expected, with a valuation of 3.8bn euros. This is due to a boom in global defence. The listing is part of a strategy by German parent Thyssenkrupp…

The latest sign of the boom in defence assets is the debut of TKMS on stock exchange

Posted to Maritime Reporter on October 20, 2025

TKMS, a German shipbuilder, will debut on the Frankfurt stock exchange Monday. This is part of a larger plan by Thyssenkrupp's parent company to streamline its structure in order to take advantage of the growing global demand for defence assets.

China's crude storage flow slumped in September: Russell

Posted to Maritime Reporter on October 20, 2025

China's crude stockpile fell sharply in September, as a result of lower imports and increased refinery processing. According to calculations based upon official data, China's crude surplus in September was 570,000 barrels a day (bpd), down from 1,01 million bpd during August.

EU wants a maritime declaration to inspect Russia’s shadow fleet

Posted to Maritime Reporter on October 19, 2025

A document from the European Union's diplomatic branch, the EEAS (European External Action Service), shows that it is urging its member states to support a maritime declaration which would allow EU countries working with flag state to arrange inspections of Russia's shadow fleet of oil tankers.

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.

Sources: Caspian Pipeline Consortium increases oil exports by 9% in September m/m.

Posted to Maritime Reporter on October 13, 2025

According to two industry sources, the Caspian Pipeline Consortium increased its oil exports by 9% per day in September compared to August, to 6.6 millions metric tons or 1.75million barrels daily. CPC exports oil via a pipeline that carries over 80% of all Kazakh crude oil exports.

Russia denies that a submarine malfunctioned and surfaced near France

Posted to Maritime Reporter on October 13, 2025

Russia denied on Monday that its submarine was experiencing technical difficulties after it surfaced near the northern French coast. NATO's Maritime Command released photos on October 9, claiming to show a French Navy frigate observing a Russian…

South Korea's minister of defense says that North Korea received likely help from Russia in the form of submarines.

Posted to Maritime Reporter on October 12, 2025

South Korean defense minister Ahn Gyu back told the parliament on Monday that North Korea likely received technical assistance from Russia in its submarine development. North Korea has pledged to develop submarines capable of launching ballistic missiles.

The Russian oil exports to western ports will remain near record levels in October

Posted to Maritime Reporter on October 10, 2025

The differential between Brent and Urals crudes dated Friday remained stable, but Russia's oil imports from western ports are expected to remain close to their record high for October, according both to industry sources as well as calculations.

Trump and Finland’s Stubb approve a deal for icebreaker vessels

Posted to Maritime Reporter on October 9, 2025

U.S. president Donald Trump and his Finnish counterpart Alexander Stubb signed an agreement Thursday that will allow the U.S. Coast Guard up to eleven icebreakers to enhance U.S. security in the Arctic. Trump and Stubb established friendly relations since Trump gained power in January.

Russia says it downs 251 Ukrainian drones, including 61 over Black Sea

Posted to Maritime Reporter on October 6, 2025

Russia announced on Monday that its air defence units had destroyed 251 Ukrainian drones over night. The majority of these were over the southwest. 61 of the drones were over the Black Sea, and another was heading toward Moscow. There was no official statement on damage.

Sweden is planning to increase coast guard surveillance of the Baltic Sea

Posted to Maritime Reporter on October 3, 2025

The Swedish defence ministry announced on Friday that it is drafting legislation to enhance security in the Baltic Sea through the expansion of the coast guard's maritime surveillance capabilities. Baltic Sea Region is on high alert after a…

A suspected'shadow fleet’ tanker departs from Western France

Posted to Maritime Reporter on October 3, 2025

MarineTraffic reports that the Boracay tanker, which is under Western sanctions for being suspected of belonging to Russia's shadow fleet and also faces a separate French investigation, has left its anchorage off western France. The raid by…

This is hysteria and could lead to energy shortages.

Posted to Maritime Reporter on October 2, 2025

The Kremlin stated on Thursday that France’s boarding of an oil tanker suspected to be part of the shadow fleet that is involved in Russian oil trading was "hysteria", which could cause problems for the global energy transport routes. Dmitry Peskov…

US Gulf Coast fuel imports reach 2.5-year high amid Venezuelan and Russian sanctions

Posted to Maritime Reporter on October 2, 2025

According to preliminary data from ship tracking, analysts, and a refinery, fuel oil imports into the U.S. Gulf Coast reached a record high of two-and-a half years in September. This was due to an increase in cargoes coming from the Middle East…

Macron praises the investigation of a suspected "shadow fleet" tanker that was anchored near French coast

Posted to Maritime Reporter on October 1, 2025

On Wednesday, French President Emmanuel Macron stated that it was "a great thing" for France to be investigating a suspected violation by the oil tanker Boracay. The oil tanker is suspected to belong to the "shadow fleet", which is involved in the Russian Oil Trade.

The 7th Arctic LNG 2 cargo berth has been sanctioned at the China port.

Posted to Maritime Reporter on September 30, 2025

According to Kpler's and LSEG's ship tracking data, a liquefied gas (LNG), tanker carrying cargo from Russia sanctioned Arctic LNG 2 Project berthed in China's Beihai Terminal on Tuesday. The Chinese terminal will receive its seventh cargo from the Arctic LNG 2 Project…

Tennis-Swiatek wins Korea Open title after a comeback

Posted to Maritime Reporter on September 21, 2025

Iga Swaatek, who is a determined player, came back from the brink to win the Korea Open title. She survived a scare in the first game before defeating Russian Ekaterina Alexova with a score of 1-6 7-6(3) and 7-5. Swiatek looked out of place in the first two sets.

EU official: EU wants to increase the ban on Russian LNG as part of 19th package sanctions

Posted to Maritime Reporter on September 18, 2025

An EU official revealed that the European Commission is examining a proposal for a faster ban on Russian natural gas liquefied in its 19th set of sanctions against Moscow due to its invasion of Ukraine. This new initiative follows an earlier call made by U.S.