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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.

Taiwan claims that China has sometimes staged mock attacks against foreign navy ships in the Strait

Posted to Maritime Reporter on December 3, 2025

A senior Taiwan official revealed on Wednesday that China's military simulates foreign naval vessels being attacked in the Taiwan Strait, and Taiwan shares information with international partners who operate in these waters. China, which claims democratically-governed Taiwan as its territory…

Poland selects Sweden to provide it with three subs

Posted to Maritime Reporter on November 26, 2025

Poland announced on Wednesday that it had selected Sweden to provide it with three subs. The multi-billion dollar deal is a crucial element in Warsaw's effort to strengthen its defenses in the Baltic Sea. Warsaw is increasing its investments…

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…

South Korean officials question the feasibility of building a nuclear submarine at US shipyards

Posted to Maritime Reporter on November 6, 2025

Philly Shipyard, owned by South Korea in the United States, does not have the capacity to build ships at the moment. Kim Min-seok, the Prime Minister of South Korea, said this on Thursday at a hearing in parliament. Donald Trump, the U.S. president, wrote on Twitter last week about his remarks.

State Dept. says that Chinese sanctions against Hanwha US shipbuilding units are meant to 'coerce South Korea'.

Posted to Maritime Reporter on 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.

Sources: Sellers cancel Yulong oil refinery deals after UK sanctions

Posted to Maritime Reporter on October 23, 2025

Multiple sources said that several suppliers had cancelled sales to Yulong Petrochemical of Middle Eastern oil and Canadian crude after the UK imposed its sanctions. This is likely to force the refiner to purchase more Russian crude. The refiner is China's latest with a daily capacity of 400…

What is AUKUS, the submarine partnership between Australia and Britain?

Posted to Maritime Reporter on 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.

US container imports fall in September as Trump tariffs disrupt international trade

Posted to Maritime Reporter on 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.

Pentagon nominee: review of AUKUS sub project continues

Posted to Maritime Reporter on October 7, 2025

The Pentagon's nominee for senior Indo-Pacific official said that the U.S. Defense Department is continuing its review of the AUKUS program to provide Australia with a nuclear-powered sub. John Noh has been appointed assistant secretary. He…

This is hysteria and could lead to energy shortages.

Posted to Maritime Reporter on October 2, 2025

The Kremlin stated on Thursday that France’s boarding of an oil tanker suspected to be part of the shadow fleet that is involved in Russian oil trading was "hysteria", which could cause problems for the global energy transport routes. Dmitry Peskov…

French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on October 2, 2025

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The France-based firm reported a Q3 rental revenue of 52.9 million Euros. The shareholders of the Belgian energy company asked for a vote to be taken on a dividend intermediary.

South Korea's NOFI purchased about 60,000 tonnes of soymeal from traders.

Posted to Maritime Reporter on September 25, 2025

Nonghyup Feed Inc., a leading South Korean animal feed manufacturer (NOFI), purchased around 60,000 tons of soymeal on Wednesday in a private transaction without launching an international tender. The estimated price was $338.50 per ton with cost and freight included.

Sources say that Japan's JERA is in advanced discussions to purchase US shale assets worth $1.7 billion.

Posted to Maritime Reporter on September 16, 2025

People familiar with the matter say that Japan's largest power generator JERA has advanced discussions to purchase natural gas production assets located in the U.S., for approximately $1.7 billion. This is the latest example of an Asian nation investing into the American energy sector.

The third cargo of Arctic LNG 2 from Russia is discharged and leaves China

Posted to Maritime Reporter on September 11, 2025

LSEG's and Kpler’s ship tracking data revealed that a third tanker, from Russia's Arctic LNG 2 facility, which is subject to Western sanctions, discharged and left a terminal in China Wednesday. The U.S. sanctioned LNG tanker Zarya has unloaded over 160…

India's 15-year defense plan includes a nuclear-powered carrier and home-built jets

Posted to Maritime Reporter on September 5, 2025

India may build a third nuclear-powered aircraft carrier as part of the 15-year plan for defence modernization announced on Friday. The plan also includes the first use of fighter jets made in India by the Navy. New Delhi, which is bordered…

Manager citing data: Arctic LNG 2 has delivered its first cargo

Posted to Maritime Reporter on September 4, 2025

A senior manager from the majority shareholder said on Thursday that Russia's Arctic LNG 2 has delivered its first LNG shipment, citing data from ship tracking. As you can see, the first vessel entered China according to data. Data from Kpler showed that China had received its first LNG cargo…

RWE CEO does not see the need to write down a major US offshore project

Posted to Maritime Reporter on August 27, 2025

RWE is the No.2 offshore wind developer in the world. RWE, the world's No. Markus Krebber, a journalist, told reporters that the so-called Community Offshore Wind Project, in which RWE holds a 73%-27% share with Britain's National Grid and has not been invested, had been put on hold.

What are the likely topics of discussion at the US-South Korea Summit?

Posted to Maritime Reporter on August 25, 2025

U.S. president Donald Trump hosted South Korean president Lee Jae Myung at Washington on Monday for their first meeting after they struck a deal last month that lowered U.S. duties on the Asian ally from 25% to 15%. Trump said that he would…

What are the likely topics of discussion at the US-South Korea Summit?

Posted to Maritime Reporter on August 22, 2025

Donald Trump, the U.S. president, will host South Korean President Lee Jae Myung for their first meeting in Washington on Monday. The two countries had struck a deal on trade last month that reduced U.S. duties on the Asian ally from 25% to 15%. Alongside trade, U.S.

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