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October 24, 2025
The local governor's offices said that at least 14 people died when a rubber-hulled boat carrying migrants capsized off the coast of Turkey's western Mugla province on Friday. They added that a search for survivors was under way. The Mugla Governor's…
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October 23, 2025
European traders reported on Thursday that the Turkish state grain board TMO had issued an international tender for the purchase and import of about 250,000 metric tonnes of animal feed barley. The deadline to submit price proposals in the tender is 30 October.
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October 22, 2025
According to EU diplomatic sources, the 19th package against Russia of sanctions will include four companies that are involved in China's petroleum industry and circumvent Western restrictions. The package, they said, lists two independent Chinese…
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October 20, 2025
China's crude stockpile flow dropped dramatically in September, as lower imports combined with increased refinery processing reduced the excess that was available to store. China's crude oil surplus was 570,000 barrels a day (bpd), down from 1,01 million bpd, in September.
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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.
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October 20, 2025
Australia, Britain and the United States announced that they would transfer nuclear-powered submarines to Australia in 2021. Two years later, an ambitious plan was detailed to support the U.S. effort to counter China’s naval ambitions throughout the Indo-Pacific. The U.S.
Posted to Maritime Reporter
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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…
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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.
Posted to Maritime Reporter
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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.
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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.
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October 16, 2025
The Chinese sanctions on U.S. Hanwha Ocean affiliates this week are intended to undermine South Korea's cooperation with the United States and "to force" Washington's Asian allies, according to a spokesperson for the U.S. State Department on Friday.
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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.
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October 14, 2025
Radiant World, an Indian commodity trader, has hired Liam Brown and Louis McCauley to expand its industrial and precious-metals trading business. McCauley previously worked for Citi, Credit Agricole, and Goldman Sachs, and Brown traded industrial metals.
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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.
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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…
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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.
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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.
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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.
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October 9, 2025
Britain published on Thursday a list of mid-skilled occupations that may qualify for temporary visas as part of a new immigration scheme designed to address labour shortages. Keir starmer, the Prime Minister of Britain, is attempting to be more tough on immigration.
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October 9, 2025
Data released on Thursday revealed that U.S. containerized imports in September were down 8.4% compared to the same period last year, with a drop of 22.9% in goods imported from China. This was due to ongoing trade tensions caused by President Donald Trump's policies. U.S.
