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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.

After attack, Dutch flagged vessel is still adrift, ablaze and the crew has been evacuated.

Posted to Maritime Reporter on September 30, 2025

According to the EU maritime mission Aspides and its operator, the Dutch flagged cargo ship Minervagracht, was on fire and drifting in the Gulf of Aden, Tuesday. A day earlier, it had been hit by an explosive that injured two sailors and forced them to evacuate.

Oil trader 2Rivers, formerly Coral Energy, begins dissolution process

Posted to Maritime Reporter on August 6, 2025

The company announced on Wednesday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has begun the formal dissolution process following the sanctions imposed by Britain and the European Union. The company said it took the decision with great regret…

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…

Shell CEO: Shell is'very cautious' about shipping in the Middle East

Posted to Maritime Reporter on June 18, 2025

Shell CEO Wael Sawan stated on Thursday that the oil and natural gas giant was "very cautious" about its shipping through Middle East due to the escalating conflict in the Middle East between Israel and Iran. Thursday, the Iran-Israel air conflict entered its seventh day.