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Taiwan remains on high alert after Chinese ships withdraw from massive drills

Posted to Maritime Reporter on December 30, 2025

Taiwan remained on high alert Wednesday following China's massive military drills around the island on Tuesday. It kept its emergency maritime response center?running?, said the head of the island coast guard. China conducted the exercises "Justice Mission 2025"…

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…

KCNA reports that Kim Jong Un, North Korea's leader, supervises the test-firings of long-range missiles.

Posted to Maritime Reporter on December 24, 2025

?North Korean leader Kim Jong Un watched the test firing of long-range Surface-to-Air missiles on?Wednesday at a launcher site?near its east coast?, according to KCNA state media on Thursday. The test was conducted to assess the strategic technology…

China probe finds that Taiwanese smugglers were in control of vessel that damaged submarine cables

Posted to Maritime Reporter on December 24, 2025

Chinese authorities said on Wednesday that two Taiwanese nationals were involved in a smuggling ring involving a Chinese crewed vessel?that damaged submarine cables earlier this summer. A Taiwanese Court sentenced in June the Chinese Captain…

China probe finds that Taiwanese smugglers were in control of vessel that damaged submarine cables

Posted to Maritime Reporter on December 24, 2025

Chinese authorities said on Wednesday that two Taiwanese nationals were involved in a smuggling ring involving a Chinese crewed vessel?that damaged submarine cables earlier this summer. A Taiwanese court sentenced a Chinese captain, the Hong Tai 58 of Togo…

Venezuela uses floating storage to fill onshore tanks

Posted to Maritime Reporter on December 23, 2025

According to documents and data from the company, Venezuela's PDVSA, the state-owned oil company, has started to fill tankers with crude oil and fuel oil, and keep them in Venezuelan water, due to the accumulation of inventories caused by?the U.S. seizing Venezuelan-linked ships on sea. The U.S.

As on-shore tanks fill due to ship seizures, Venezuela turns to floating storage

Posted to Maritime Reporter on December 23, 2025

According to documents and data from the company, Venezuela's PDVSA state-run oil firm has begun filling up 'tankers' with crude oil and fuel oil that it has in its storage. This is because inventories are increasing amid U.S. moves to seize Venezuelan-linked ships. This month, the U.S.

Orsted sells Cathay 55% of Taiwan's wind farm

Posted to Maritime Reporter on December 23, 2025

Orsted, a Danish offshore wind developer, has agreed to sell a 55% stake in its Greater Changhua II offshore wind farm in Taiwan. The deal is worth approximately 5 billion Danish crowns (788.74m). You can also restore your own website. Investor…

Russell: China overtakes OPEC+ to become the primary oil price maker

Posted to Maritime Reporter on December 23, 2025

The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by changing output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…

Russell: China overtakes OPEC+ to become the primary oil price maker

Posted to Maritime Reporter on December 22, 2025

The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by adjusting output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…

China calls the US seizure and detention of ships an 'international law violation'

Posted to Maritime Reporter on December 22, 2025

China's Foreign Ministry said on Monday that the seizure by the United States of another country's vessels was a'serious violation of international law', after the U.S. stopped a China bound oil tanker near the Venezuelan coastline. China's Lin Jian…

South Korean milling groups bought around 50,000 tons wheat from US traders, traders claim

Posted to Maritime Reporter on December 19, 2025

European traders reported on Friday that a South Korean flour'mill group' purchased an estimated 50,000 tons of milling wheat this week to be sourced from the United States. This purchase is in addition to the 20,800 tons U.S. origin wheat purchased by another South Korean milling company this week.

Sources say that Venezuela has authorized the departure of two supertankers loaded with oil, but not sanctioned by Venezuela.

Posted to Maritime Reporter on December 18, 2025

According to two sources familiarized with Venezuela's oil-export operations, Venezuela approved on Thursday the departure of two very large crude carriers (VLCC). This would be just the second and third supertankers since last week, when a ship carrying Venezuelan oil was seized by U.S.

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.

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…

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.