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Goldman Sachs does not believe that the ceasefire in Ukraine will boost Russian output

Posted to Maritime Reporter on February 19, 2025

Goldman Sachs stated on Wednesday that a potential ceasefire in Ukraine and the resulting easing of sanctions against Russia is unlikely to increase Russia's crude oil flow. The administration of U.S. president Donald Trump said Tuesday that it had agreed to have more talks with Russia. In Ukraine.

Bangladesh prepares for a recycling boom

Posted to Maritime Reporter on February 18, 2025

Shipbreaking is a global problem that requires urgent attention. On 15 km of coastline, Sitakunda is home to 30 ship-breaking yards. These yards recycle 38% of all dead ships in the world and provide steel scraps to Bangladesh's flourishing manufacturing industry.

China condemns Canadian warship sailing in Taiwan Strait

Posted to Maritime Reporter on February 16, 2025

China's military condemned Monday the sailing of a Canadian Warship in the Taiwan Strait. It said its air and navy forces had monitored the ship and warned it, a mission which came only a few days following a similar mission by U.S. Navy vessels. Around once a week, the U.S.

First US Navy ships to sail through Taiwan Strait after Trump's inauguration

Posted to Maritime Reporter on February 11, 2025

China was furious when two U.S. Navy vessels sailed this week through the Taiwan Strait, the first time since Donald Trump assumed office in late January. About once a week, the U.S. Navy transits the Strait, sometimes accompanied by ships of allied nations.

First US Navy ships to sail through Taiwan Strait after Trump's inauguration

Posted to Maritime Reporter on February 11, 2025

China was furious when two U.S. Navy vessels sailed this week through the Taiwan Strait, the first time since Donald Trump assumed office in late January. About once a week, the U.S. Navy transits the Strait, sometimes accompanied by ships of allied nations.

State media reported that Chinese military watched US ships crossing the Taiwan Strait.

Posted to Maritime Reporter on February 11, 2025

According to CCTV, China's state broadcaster on Tuesday, the Chinese military has organised air and naval forces to monitor navigation operations by a U.S. oceanographic survey vessel and destroyer crossing the Taiwan Strait between February 10-12.

Oman and Australia LNG vessels move west, including one via the Red Sea as Europe increases LNG supply

Posted to Maritime Reporter on February 10, 2025

Shiptracking data revealed on Monday that at least three LNG vessels from Oman and Australia were heading west to deliver the gas, one of which was sailing through the Red Sea. This is because higher prices in Europe are continuing to attract more supplies.

Oman and Australia LNG vessels move west, including one via the Red Sea as Europe increases LNG supply

Posted to Maritime Reporter on February 10, 2025

Shiptracking data revealed on Monday that at least three LNG vessels from Oman and Australia were heading west to deliver the gas, one of which was sailing through the Red Sea. This is because higher prices in Europe are continuing to attract more supplies.

Sources say that China has delayed or redirected imports of 600,000 tonnes of wheat.

Posted to Maritime Reporter on February 5, 2025

Two trade sources who have direct knowledge of this matter say that China has delayed the imports of up 600,000 metric tonnes of wheat, mostly Australian, and offered some of those cargoes to buyers other than itself as domestic supplies are reducing demand in the top grain buyer in the world.

Goldman Sachs says that China's retaliatory actions will have a limited impact on energy costs.

Posted to Maritime Reporter on February 4, 2025

Goldman Sachs said on Tuesday that it expected Beijing's retaliatory duties in response to the new U.S. sanctions against Chinese products to have a limited impact on energy costs. The 10% tariff imposed by President Donald Trump on Chinese products went into effect at 12:01 am.

Sources say that the daily Tengiz oil production in Kazakhstan reached a record high at the end of January.

Posted to Maritime Reporter on February 3, 2025

Two industry sources who are familiar with the calculations and data say that the daily output of Kazakhstan's biggest field, Tengiz has reached a new record high in late January. This is a 45% increase from the average for 2024. The Kazakh…

Rubio to Panama: China is threatening canal and changes are needed.

Posted to Maritime Reporter on February 2, 2025

A spokesperson for the State Department said that U.S. Secretary Marco Rubio informed Panamanian President Jose Raul Mulino during talks on Sunday that Donald Trump had determined that China's influence threatened the Panama Canal, and that urgent changes were required or the U.S. might act.

Rubio begins Latin America tour with canal and migration talks in Panama

Posted to Maritime Reporter on February 2, 2025

Marco Rubio, the top Trump administration diplomat, began his first overseas visit to Panama on Sunday. He was scheduled to meet Panamanian president Jose Raul Mulino and discuss U.S. concern about Chinese companies that could affect U.S. shipping…

US envoy says China's presence near the Panama Canal is a security issue

Posted to Maritime Reporter on January 31, 2025

Mauricio Clever-Carone, U.S. Special Envoy for Latin America said that China's presence near the Panama Canal was a concern to Panama's national security, just days before the top U.S. diplomat Marco Rubio visited the country. Rubio is scheduled to depart for his first overseas trip on Saturday.

What aircraft was involved in the mid-air crash that occurred in Washington DC

Posted to Maritime Reporter on January 30, 2025

Officials said that an American Airlines regional passenger plane and a U.S. Army Black Hawk chopper crashed into the icy Potomac River on Wednesday night after colliding in midair near Reagan Washington National Airport. The Sikorsky UH-60…

Wall Street Journal, Jan 28,

Posted to Maritime Reporter on January 28, 2025

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. The cryptocurrency exchange KuCoin has pleaded guilty to allegations that it was operating as a money-transmitting company without a license in the U.S.

China claims Philippines sent supplies to warship in disputed atoll

Posted to Maritime Reporter on January 24, 2025

China's coastguard said that the Philippines sent a civilian ship to deliver supplies to its warship, which was "illegally anchored" on Second Thomas Shoal in the South China Sea. In a press release, the coast guard said that it "questioned"…

Trump's tariffs threaten to hit a major Chinese port ahead of the holiday season, causing congestion.

Posted to Maritime Reporter on January 24, 2025

This week, exporters rushed to load and ship containers from Shenzhen’s Yantian Port - one of the largest container ports in the world - before an eight day Lunar New Year break and ahead of potential U.S. duties on Chinese products. Yantian…

Trump declares Yemen's Houthis a "foreign terror organization"

Posted to Maritime Reporter on January 22, 2025

The White House announced that U.S. president Donald Trump re-designated Yemen’s Houthi Movement, known officially as Ansar Allah as a “foreign terror organization” on Wednesday. The Biden administration had imposed harsher economic sanctions…

South Korea's acting president wants reciprocal relations with Trump administration

Posted to Maritime Reporter on January 20, 2025

Choi Sangmok, acting president of South Korea, said that he hopes bilateral relations between the United States and South Korea will develop more mutually under the Trump administration. Choi, citing the slogan "We Go Together", said that the…

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