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Sources: Second tanker skips fuel lift from Nayara sanctions-hit

Posted to Maritime Reporter on July 23, 2025

According to three sources in the industry and LSEG's ship tracking data, a tanker won't load fuel as planned from India’s Nayara Energy Refinery, which is under sanctions. This vessel will be the second to alter its plans after the European Union restrictions.

Chubu Elec is still committed to completing the review of offshore wind project in summer

Posted to Maritime Reporter on July 29, 2025

Chubu Electric Power announced on Tuesday that its C-Tech division is still reviewing with its partner the feasibility of domestic off-shore wind projects and hopes to finish the assessment by the end of the summer. Mitsubishi Corp and C-Tech were selected in 2021 to develop three offshore projects…

South Korea offers package of shipbuilding and other services to US trade deals in order to push for a deal

Posted to Maritime Reporter on July 29, 2025

Koo Yun Cheol, South Korean Finance minister, said on Tuesday that he will seek a trade agreement with mutual benefits when he meets U.S. Treasury Sec. Scott Bessent this week for discussions. This is just days before the August 1 deadline to avoid tariffs expires.

US lawmakers back Australia submarine project in Pentagon letter

Posted to Maritime Reporter on July 22, 2025

The Republican and Democratic leaders of the U.S. Congress committee for strategic competition against China wrote to Defense Secretary Pete Hegseth in order to express their strong support for AUKUS, a submarine project that is currently being reviewed by the Pentagon.

Italian officials will face trial for fatal Cutro migrant boatwreck

Posted to Maritime Reporter on July 21, 2025

A media report said that an Italian judge ordered on Monday six police officers and coastguards to face trial for mishandling of operations during the 2023 migrant shipwreck near Cutro, which killed over 90 people. A wooden sailboat, which had set off from Turkey…

UK sanctions target 135 Russian tankers from the shadow fleet

Posted to Maritime Reporter on July 21, 2025

The UK imposed new sanctions Monday on Russia's "shadow fleet", which includes 135 oil tanks, as well as two Russian companies: shipping company Intershipping Services LLC, and oil trader Litasco Middle East DMCC. The British government says…

The Sailing-Admiral's Cup brings world's elites to Cowes

Posted to Maritime Reporter on July 10, 2025

The Admiral's Cup, which has been absent for two decades, returns to Cowes in this month. A top-tier fleet of international teams, including America's Cup veteran, Olympic medallists, and offshore specialists, will compete for the coveted trophy.

Ferrero nears about $3 billion deal for WK Kellogg, WSJ reports

Posted to Maritime Reporter on July 9, 2025

The Wall Street Journal reported Wednesday that the Italian candy company behind Ferrero is close to a $3 billion deal with WK Kellogg. This was based on the reports of people familiar with this matter. After the bell, shares of WK Kellogg (the…

Onuachu side sign by Super Lig, Tall Paul towers to Trabzon and back.

Posted to Maritime Reporter on July 4, 2025

Paul Onuachu, the Nigerian striker who had been on loan at Southampton for a year and a half, has now moved permanently to Trabzonspor. The Saints fans nicknamed him "Tall Paul", but the forward, who stands at 2.01 metres, never really found his feet in the Premier League.

Germany takes additional measures to combat Russia's "shadow fleet"

Posted to Maritime Reporter on July 1, 2025

The German Foreign Ministry announced on Tuesday that it would take additional measures against Russia's "shadow fleet", which operates in the Baltic Sea and North Sea. Western sanctions designed to cut Russia's oil revenue following its invasion in Ukraine have resulted in the growth of a vast…

Irish sisters rewrite playbook for elite youth worlds

Posted to Maritime Reporter on June 27, 2025

Three Irish sisters are rewriting history at the Optimist World Championship, a regatta that is forming the future of sailing. Maeve Donagh, Emily Donagh and Lily Donagh will represent Ireland in the 2025 edition at Portoroz. Together with teammates Charlotte Crosbie…

Powerboat racing E1 is looking for new investors to finance growth by adding more boats

Posted to Maritime Reporter on July 1, 2025

The E1 World Championship in electric powerboat racing is looking for 20 million euros (about $23,55 million) to help fund its growth. This series has already been backed by many of the biggest names in sports and entertainment. The team owners include Will Smith…

Italy has frozen Russian oligarchs assets worth more than $2.6 billion

Posted to Maritime Reporter on June 23, 2025

Data provided by Italian authorities shows that Italy has frozen Russian assets worth around 2.3 billion euro ($2.64 billion), with the latest seizures taking place at the beginning this month. Italy has seized bank accounts, yachts, luxury…

Maersk shipping company temporarily suspends Haifa port visits

Posted to Maritime Reporter on June 20, 2025

Maersk, a container shipping company, announced on Friday that it temporarily suspended vessel calls to Israel's Haifa Port due to regional tensions. The Danish company stated that it had not experienced any other disruptions in its planned operations in the area.

China criticizes British warships' 'troublemaking" Taiwan Strait Transit

Posted to Maritime Reporter on June 19, 2025

China's military condemned on Friday the sailing of a British ship through the Taiwan Strait, saying that it was a deliberate effort to "cause troubles", and undermined the peace and stability in this region. The Royal Navy of Britain said that…

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.

Air India chairman says that the flight that crashed had a clean engine history

Posted to Maritime Reporter on June 18, 2025

Air India Chairman N. Chandrasekaran stated on Wednesday that the Boeing Dreamliner that crashed last week with 242 passengers on board had a clean history of engines. Chandrasekaran told Indian broadcaster Times Now that Air India Flight 171's left engine had last been serviced in 2023…

Taiwan completes the first sea trials for a domestically-made submarine in defense milestone

Posted to Maritime Reporter on June 17, 2025

Taiwan has completed its maiden sea test for its first submarine developed domestically on Tuesday. This is a major milestone in a project that aims to strengthen deterrence and protect vital sea routes in case of war. Taiwan, which China claims…

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.

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