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New York Times Business News - December 18,

Posted to Maritime Reporter on December 18, 2025

These are the most popular stories from the New York Times' business pages. These?stories have not been?verified and we cannot vouch for the accuracy of these stories. The United States has approved the sale of $11.1 billion worth of arms to Taiwan. This is the largest U.S.

Authorities say that three people were killed by Ukrainian drones in the Rostov region of Russia.

Posted to Maritime Reporter on December 18, 2025

The local governor confirmed that three people were killed, including two crew of a cargo ship, in overnight Ukrainian drone attacks against the Russian port Rostov on Don and the town of Bataysk, in the southern region of Rostov. On his Telegram?messaging application channel…

South Korean submarine contractors jailed for leaking information

Posted to Maritime Reporter on December 17, 2025

According to a ruling that was reviewed by the. According to the ruling, on Tuesday, the Masan Branch Changwon District Court sent to prison the chief executive officer of a South Korean contractor for two and a quarter years and sentenced two employees from another firm to one and a quarter years.

South Korea's MFG begins buying corn at tender, traders claim

Posted to Maritime Reporter on December 17, 2025

South?Korean Major?Feedmill Group?has begun buying corn at an international auction on Wednesday, with initial purchases of 136,000 metric tonnes. According to traders, the tender is for up to 210,000 tons. Therefore, more purchases are possible.

China claims that the Philippines has distorted facts regarding an incident near a disputed atoll

Posted to Maritime Reporter on December 17, 2025

China's defense ministry accused the Philippines of?distorting?the truth about a?incident that involved?the Chinese Coast Guard and Filipino fishermen near an South China Sea Shoal. It defended Chinese action as "reasonable" and "lawful". Manila's…

US readies new Russia sanctions if Putin rejects peace deal, Bloomberg News reports

Posted to Maritime Reporter on December 17, 2025

Bloomberg News reported Wednesday that the United States is preparing to impose more sanctions on Russia's energy sector in the event President Vladimir Putin rejects a peace agreement with Ukraine. The report stated that the U.S. was 'considering' options…

South Korean submarine contractors jailed for leaking information

Posted to Maritime Reporter on December 17, 2025

A South Korean court has found two contractors who worked on Taiwan's sub programme guilty of leaking torpedo-launching system designs. The ruling called the case a "diplomatic burden" that could be placed on?Seoul. According to the ruling, on Tuesday…

South Korean milling group purchases about 20,800 tonnes of wheat from US traders, say

Posted to Maritime Reporter on December 17, 2025

European traders reported that a South Korean flour mill group purchased an estimated 20,800 metric tonnes of?milling?wheat to be sourced by the U.S. at an international auction on Wednesday. The purchase included several different types of?wheat and all were purchased on a FOB basis.

South Korea's MFG bids up to 210,000 tonnes corn, traders claim

Posted to Maritime Reporter on December 17, 2025

Major Feedmill Group in South Korea (MFG) issued a tender to purchase animal feed corn up to 210 000 metric tons, European traders reported on Wednesday. Three consignments ranging from 55,000 to 75,000 tons of corn are expected in South Korea between March and April 2026.

Jordanian traders report that the country has issued a tender for up to 120,000 tons of wheat.

Posted to Maritime Reporter on December 17, 2025

European traders reported on Wednesday that Jordan's state grain buyer has issued an international tender to purchase?up? to?120,000 metric tonnes of milling wheat, which can come from any origin. The deadline for submitting 'price offers' in the tender will be December 23.

Kawasaki Heavy CEO: Japan's military buildup will propel defence sales over forecast.

Posted to Maritime Reporter on December 17, 2025

The accelerating Japanese defence spending is likely to boost Kawasaki Heavy Industries' sales in the upcoming years above their projections, said its CEO on Wednesday, as contractors profit from an unprecedented military buildup. Sanae Takaichi…

Taiwan: Chinese aircraft carrier sails through Taiwan Strait

Posted to Maritime Reporter on December 16, 2025

Taiwan's defence ministry reported that China's most advanced and newest aircraft carrier, the Fujian sailed across the Taiwan Strait Tuesday. It was its first transit through the waterway since it officially entered service last month. Taiwan…

Oil rises by over 1% after Trump blocks oil tankers from entering or leaving Venezuela

Posted to Maritime Reporter on December 16, 2025

U.S. crude oil futures jumped more than 1% on Wednesday after U.S. President Donald Trump ordered "a total and complete" blockade against all sanctioned tankers that enter or leave Venezuela. U.S. Crude Futures rose 1.3% or 72 cents to $55.99 as of 0022 GMT.

Turkey claims to have shot down an uncontrolled drone in the Black sea

Posted to Maritime Reporter on December 16, 2025

The defence ministry said that Turkey shot down a drone which was approaching its airspace above the Black Sea. The?ministry issued a statement saying that Turkish and NATO F-16 jets had been put on alert after the 'detection' of the drone.

Philippines denounces China’s 'dangerous and inhumane' actions towards Filipino fishermen

Posted to Maritime Reporter on December 15, 2025

Gilberto Teodoro, Philippine Defense Secretary, denounced on Tuesday what he called "dangerous" & "inhumane' actions of Chinese maritime forces towards Filipino fishermen in a disputed South China Sea Shoal last week. Manila's Coast Guard said…

EU sanctions companies and individuals who move Russian oil

Posted to Maritime Reporter on December 15, 2025

According to a EU official and its Official Journal, the 'European Union' has adopted sanctions against companies and individuals accused of operating Russia's shadow fleet of oil tankers in order to circumvent Western sanctions. The sanctions are aimed at nine "enablers" of the shadow fleet.

Philippines: China damaged boats and injured fishermen in South China Sea

Posted to Maritime Reporter on December 13, 2025

On Saturday, the Philippine Coast Guard said that two fishing boats suffered "significant" damage and three Filipino fishermen were 'wounded' when Chinese coast -guard ships fired water cannon on a disputed South China Sea shoal. Manila's Coast Guard said that on Friday…

Google will build subsea cable in Papua New Guinea as part of the Australia Defence Treaty

Posted to Maritime Reporter on December 12, 2025

Papua New Guinea announced on Friday that Alphabet, through Google, will build three submarine cables funded by Australia, under a?mutual defence treaty. This upgrade is a major step in upgrading the digital 'backbone' of the largest Pacific Island nation.

Weather and security concerns cause delays for oil tankers to jump from 12 days to 12.

Posted to Maritime Reporter on December 12, 2025

Winter storms, increased'security' risks and shorter daylight hours have caused delays for oil tankers traveling through the Turkish Straits. According to traders, the congestion is worsened due to increased security checks after recent attacks against tankers transporting Russian oil…

Data shows that Russia's fuel exports by sea fell slightly in November.

Posted to Maritime Reporter on December 12, 2025

Data from industry sources showed that Russia's seaborne exports of oil products in November fell by 0.8% compared to October, at 7,494 million metric tons. The impact of drone strikes?on the energy infrastructure has been offset by a certain…

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