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Russia jails U.S. citizens for five years because they carried rifles on yacht

Posted to Maritime Reporter on January 20, 2026

The Russian court service reported that a U.S. national was sentenced to five years' imprisonment for 'crossing the border in possession of a weapon, when he left the United States on a ship to meet a Russian woman whom he had met online. In a statement released on Monday…

Source: CPC oil exports fell 24% in December

Posted to Maritime Reporter on January 16, 2026

An industry source said that oil exports via the Caspian 'Pipeline' - consortium, which transports oil from Kazakhstan to a Russian terminal in the Black Sea - plummeted 24% in December following a drone strike. Sources claim that exports fell?from November to 3.98 metric tonne…

Bousso

Posted to Maritime Reporter on January 15, 2026

Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.

Bousso

Posted to Maritime Reporter on January 15, 2026

Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.

The differentials remain the same

Posted to Maritime Reporter on January 2, 2026

The differentials between Caspian and Urals crude oil remained unchanged on Friday, in a'mild' market. Russia -and a few of its neighbouring countries - were off for the New Year holiday. There were no bids or offers reported to Platts on Friday for Urals, Azeri BTC - and CPC Blend.

Hanwha's Philly Shipyard could build nuclear submarines for the US Navy, says executive

Posted to Maritime Reporter on December 25, 2025

Alex 'Wong, 'global chief strategist at Hanwha Group said that the?Philly Shipyard of Hanwha has the ability to build a nuclear-powered submarine? for the U.S. Navy. Wong stated during Hanwha's Hanwha media day in Philadelphia on Monday that "the U.S.

Hanwha's Philly Shipyard could build nuclear submarines for the US Navy, says executive

Posted to Maritime Reporter on December 25, 2025

Alex Wong is the global chief strategy officer of Hanwha Group. According to a press release issued by the South Korean firm on Thursday, the company's Philly Shipyard can build a nuclear submarine for the U.S. Navy. Wong, who spoke at the Hanwha media day in Philadelphia on Monday…

Bousso: Trump won't make Venezuela's OPEC member a battlefield.

Posted to Maritime Reporter on December 10, 2025

Venezuela will likely retain its seat within OPEC, even if U.S. president Donald Trump succeeds in forcing a government change in the oil-rich nation. The U.S. wants to bolster their alliance with the cartel while they?expand their own sphere of influences. The U.S.

Putin approves Rosneft's and Shell's joint venture stake in Caspian Pipeline Consortium

Posted to Maritime Reporter on December 8, 2025

On Monday, Russian President Vladimir Putin signed a decree clearing the way for 'potential deals' with Rosneft and Shell's joint venture stake in Caspian Pipeline Consortium which exports oil mostly from Kazakhstan. The decree stated that it "allowed" the transactions, which could?result?

After a hot streak, defense companies backed by Silicon Valley are experiencing growing pains

Posted to Maritime Reporter on December 8, 2025

The share of Pentagon contracts held by U.S. Defense Technology companies has roughly doubled over the last year. However, they are still facing growing pains in their efforts to transform from startups to heavyweights that can build weapons at scale.

The ban on Russian oil tankers by the G7 shows teeth but its bite is not certain: Bousso

Posted to Maritime Reporter on December 7, 2025

The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments ratchet sanctions up on those who skirt the sanctions will determine the final outcome. The West will need to move quickly…

Abu Dhabi wins the first SailGP Championship for Britain

Posted to Maritime Reporter on November 30, 2025

The SailGP 2025 Championship was won by Britain on Sunday. They beat New Zealand and Australia to win the championship and $2 million. Dylan Fletcher of Emirates GBR said that the victory was "unbelievable" and that he felt "overjoyed right now"…

SailGP final to be contested by Britain, NZ, and Australia

Posted to Maritime Reporter on November 30, 2025

On Sunday, Britain, New Zealand, and Australia made it to the $2 million SailGP championship grand final, while Spain, a defensive team, narrowly missed out. After racing in the final event of SailGP 2025's season, the trio secured their place in the winner-takes all final.

SailGP Abu Dhabi Final: Sailing crews aim for $2 million SailGP prize

Posted to Maritime Reporter on November 28, 2025

Abu Dhabi will offer tricky light winds, a compact course and a $2 million prize for teams competing for a spot in the SailGP Grand Final this weekend. SailGP’s fifth season culminates in a race where the crew with the highest score wins it all. This is called Formula One on the water.

Turkey says construction starts on indigenous air defence destroyer

Posted to Maritime Reporter on November 27, 2025

Turkey announced on Thursday that contractors have begun building a naval aircraft destroyer. The vessel will be part of the multi-layered "Steel Dome", or air defence system, planned by the country. NATO member Turkey announced its first plans to build Steel Dome…

Western sanctions against Russia and Iran energy trade

Posted to Maritime Reporter on November 27, 2025

The European Union, Britain, and the U.S. imposed a number of sanctions on Russia for its involvement in the war in Ukraine. The U.S. targeted Russia’s two largest oil producers in October: Rosneft, and Lukoil. Here is a list of the most important…

The Sailing-Black Foils are ready to strike in Abu Dhabi

Posted to Maritime Reporter on November 24, 2025

New Zealand's Black Foils have a quiet confidence as they head into the SailGP season finale. Peter Burling has declared that his team is exactly where he wants them to be, as the championship showdown in Abu Dhabi looms. The Kiwis are heading…

EU wheat prices with Chicago ease as rally fueled by China subsides

Posted to Maritime Reporter on November 19, 2025

Euronext Wheat prices fell Wednesday, in line with Chicago. A grain market rally sparked by Chinese purchases U.S. Soybeans faded as wheat traders shifted their focus back to the ample global supply. The most active contract, March wheat on the Paris Euronext exchange…

As US allies increase AI pipes, Australia's AUKUS Base will connect to subsea cable

Posted to Maritime Reporter on November 13, 2025

Documents viewed by reveal that Alphabet’s Google and SUBCO are quietly connecting Australia's AUKUS submarine fleet base, and the area around it, to three powerful undersea cables. HMAS Stirling, a naval base located on Australia's western coast, will be home to four Virginia submarines under U.S.

Ocean activist dodges Japanese arrest, vows to fight deep-sea mining and krill industries at COP30

Posted to Maritime Reporter on November 13, 2025

At the COP30 conference in Brazil, a Canadian activist against whaling who had avoided arrest in Japan for over a decade vowed to continue his fight for marine protection – focusing on deep-sea mines and Norway's krill industries. Paul Watson, a U.N.

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