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Wall Street Journal, June 12,

Posted to Maritime Reporter on June 12, 2025

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. Former Starbucks CEO Howard Schultz has endorsed the current chief executive Brian Niccol’s turnaround plan for correcting recent challenges at the chain.

Trump administration reviews Biden's submarine pact between Australia and UK

Posted to Maritime Reporter on June 11, 2025

A U.S. official revealed that the Trump administration is reviewing a defense agreement worth hundreds of millions of dollars signed by former president Joe Biden with Australia and Britain, which allowed Australia to purchase conventionally-armed nuclear submarines.

The US Congress wants to increase Navy and Air Force Fleets in 2026 Bill

Posted to Maritime Reporter on June 11, 2025

The House Appropriations Committee’s Defense Subcommittee published its draft bill for fiscal year 2026 late Tuesday. It aims to purchase one more F-35 jet in comparison with the Pentagon’s budget request of 2025 and invest in missile defenses, naval vessels and other investments.

The Admiral's Cup is set to resume in two years, and the inclusion rule has stirred up the fleet.

Posted to Maritime Reporter on June 11, 2025

The Admiral's Cup will sail again next month, after a 22 year absence. Each competing yacht must have at least one female crew member. This requirement has caused both excitement and discomfort amongst the sailors who are meant to be promoted by it. "Honestly... My first reaction was an eye roll.

Egypt allots Red Sea Land for the issue of bonds and debt reduction

Posted to Maritime Reporter on June 10, 2025

The official gazette reported on Tuesday that Egypt had allocated a plot of 174 square kilometers (67 square miles) on the Red Sea Coast to the Finance Ministry for use in Islamic Bond issuances as well as in efforts to reduce the country's debt.

Cost of Canada's new US made fighter jet fleet is set to increase, says watchdog

Posted to Maritime Reporter on June 10, 2025

The cost of Canada's planned purchase 88 Lockheed Martin F-35 aircraft will be at least 45% higher than originally estimated, and the project could also be threatened by a shortage of pilots, according to the top watchdog in the country. In January 2023…

Nadal's team is leading the charge on Adriatic waves from clay to spray

Posted to Maritime Reporter on June 10, 2025

Rafa Nadal is adjusting to life after tennis. He has put down his racquets and spent time surfing the Adriatic. His Team Rafa will be competing in Dubrovnik's E1 World Championship for electric powerboat racing. The Spanish racing team, which won the Doha round last time…

South Korea's MFG purchases 68,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on June 10, 2025

Major Feedmill Group of South Korea (MFG) bought around 68,000 metric tonnes of animal feed corn on a private basis without launching an international tender on Tuesday, European traders reported. The estimated cost of the ton was $233.99, including freight.

South Korea's NOFI buys estimated 136,000 T corn, traders say

Posted to Maritime Reporter on June 10, 2025

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 136,000 metric tonnes of animal feed corn on Tuesday in an international bid seeking up to 13,88,000 tons. The corn can be purchased from South America…

Iran's SLAL has won tenders to purchase 120,000 tonnes each of corn, barley, and soymeal

Posted to Maritime Reporter on June 10, 2025

After it issued international tenders for corn, barley, and soymeal, European traders reported on Tuesday that the state-owned animal food importer SLAL in Iran had received offers of up to 120,000 metric tonnes each. They said that the deadline…

Vancouver picks D Ashton Bell to open PWHL expansion draft

Posted to Maritime Reporter on June 10, 2025

Vancouver selected Ashton Bell, a defender for the Ottawa Charge, as the top pick in Monday's expansion draft of the Professional Women's Hockey League. Seattle chose Aneta Tejralova, a defender from Ottawa and Hannah Bilka, a forward from Boston Fleet.

UK spends more than $8 Billion on Submarine Building Capacity

Posted to Maritime Reporter on June 9, 2025

Finance Minister Rachel Reeves will announce Tuesday that Britain is investing over eight billion pounds in its submarine-building capacity. This investment will support firms such as defence group BAE Systems, and engineering multinational Rolls-Royce.

Report says satellite images show damaged North Korean ships moved to a repair port.

Posted to Maritime Reporter on June 9, 2025

According to a Washington think-tank, the North Korean destroyer which was partially capsized in a botched launch ceremony has been delivered to a ship repair facility. According to satellite images, the Center for Strategic and International Studies…

South Korea's KFA purchased about 65,000 t corn in a private deal, traders claim

Posted to Maritime Reporter on June 9, 2025

According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed in a private transaction late last week. There was no international tender. They said that the corn would be imported from South America.

Kremlin official: Putin approves major revamp of Russia’s navy

Posted to Maritime Reporter on 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…

SailGP wins consecutive victories in New York with Spain

Posted to Maritime Reporter on June 8, 2025

On Sunday, the reigning champions Spain gave a strong performance in the second round of SailGP. They beat New Zealand and France to win the final race at New York. The season has now reached its halfway point. Diego Botin’s team, fresh off…

Israel orders military to intercept Greta Thunberg's yacht bound for Gaza

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…

Taiwan Coast Guard military drill to better confront China's "grey zone" threat

Posted to Maritime Reporter on June 8, 2025

Taiwan's Coast Guard held drills on Sunday with the Military to better practice the joint operations against what the Government in Taipei claims is a growing threat from China. China claims the island as their own territory. Taiwan, a democratically-governed island…

Spain takes the lead in SailGP New York on Day One

Posted to Maritime Reporter on June 7, 2025

On Saturday, Spain led the first day of the SailGP sixth round. Diego Botin and his team were well-positioned to win consecutive races. Spain, the defending series champions, won the San Francisco race in March. They made it look effortless…

SailGP roars back into action in New York after Rio cancellation

Posted to Maritime Reporter on June 6, 2025

SailGP teams are ready to shake off rust this weekend in New York, as the global championship returns to action following a short hiatus caused by a defect with the wingsail that forced the cancellation of the Rio event. The defect was identified…