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The ban on Russian oil tankers by the G7 shows teeth but its bite is not certain: Bousso

Posted to Maritime Reporter on December 5, 2025

The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments will increase punishments for those who skirt sanctions is the real question. The West will need to move quickly…

Norway buys two additional submarines and long-range missiles

Posted to Maritime Reporter on December 5, 2025

The Norwegian defence ministry announced on Friday that it plans to purchase two additional submarines and some long-range cannons from Germany. This will be at a higher price than previously due to the high demand for military gear. The order…

US review of the Pentagon finds opportunities to strengthen AUKUS sub deal

Posted to Maritime Reporter on December 4, 2025

A U.S. official announced on Thursday that the Pentagon had completed its review of AUKUS, the project designed to supply Australia with nuclear submarines. The Pentagon found ways to make the deal "strongest" possible. The U.S. government announced…

Australia has received AUKUS sub review from the US

Posted to Maritime Reporter on December 4, 2025

Richard Marles, Australia's Defence Minister, said that Australia has received the United States review of the AUKUS partnership for nuclear submarines and is "working it through". In June, President Donald Trump announced that his administration had begun a formal review of the AUKUS deal.

The EU Wheat Market Pauses as the Focus Shifts to Algerian Tender

Posted to Maritime Reporter on December 3, 2025

The price of European wheat was not much different on Wednesday, as traders assessed the initial results of an Algerian import bid and concerns over escalating war in the Black Sea receded. The most active contract, March wheat on Paris' Euronext exchange…

Data shows that despite US pressure Venezuelan oil exports exceed 900,000 barrels per day

Posted to Maritime Reporter on December 3, 2025

According to shipping documents and data, Venezuelan oil exports increased slightly in November to 921,000 barrels a day (bpd), the third highest monthly average this year. The country used more diluting agents to produce exportable grades.

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…

The price of EU wheat increases with Algerian tender and Black Sea tensions are in focus

Posted to Maritime Reporter on December 2, 2025

Euronext wheat recovered from its contract lows on Tuesday as an Algerian auction raised the prospect of new demand. Meanwhile, renewed threats against Black Sea shipping due to the Russia-Ukraine conflict also unnerved traders. The most active contract…

The price of EU wheat increases with Algerian tender and Black Sea tensions are in focus

Posted to Maritime Reporter on December 2, 2025

Euronext wheat recovered from its contract lows on Tuesday as an Algerian auction raised the prospect of new demand. Meanwhile, renewed threats against Black Sea shipping due to the Russia-Ukraine conflict also unnerved traders. The most active contract…

After attacks on oil tankers, Putin threatens to "cut Ukraine off from sea"

Posted to Maritime Reporter on December 2, 2025

In response to drone strikes on Russian "shadow fleets" of tankers in the Black Sea, Russian President Vladimir Putin on Tuesday threatened to cut off Ukraine's sea access. In a televised statement, Putin stated that the most radical solution would be to cut Ukraine from the sea.

Abu Dhabi wins the first SailGP Championship for Britain

Posted to Maritime Reporter on November 30, 2025

The SailGP 2025 Championship was won by Britain on Sunday. They beat New Zealand and Australia to win the championship and $2 million. Dylan Fletcher of Emirates GBR said that the victory was "unbelievable" and that he felt "overjoyed right now"…

France's Barrier is the only all-female team to win the Jules Verne Trophy

Posted to Maritime Reporter on November 28, 2025

Alexia Barrier, the French skipper and seven female teammates will begin their Jules Verne Trophy quest on Saturday off the coasts of Brest. They aim to set the world's first non-stop circumnavigation time with an all-female team without any outside help.

SailGP Abu Dhabi Final: Sailing crews aim for $2 million SailGP prize

Posted to Maritime Reporter on November 28, 2025

Abu Dhabi will offer tricky light winds, a compact course and a $2 million prize for teams competing for a spot in the SailGP Grand Final this weekend. SailGP’s fifth season culminates in a race where the crew with the highest score wins it all. This is called Formula One on the water.

SailGP Abu Dhabi Final: Crews eye $2 Million Prize

Posted to Maritime Reporter on November 27, 2025

Abu Dhabi will offer tricky light winds, a compact course and a $2 million prize for teams competing for a spot in the SailGP Grand Final this weekend. SailGP’s fifth season culminates in a race where the crew with the highest score wins it all. This is called Formula One on the water.

Turkey says construction starts on indigenous air defence destroyer

Posted to Maritime Reporter on November 27, 2025

Turkey announced on Thursday that contractors have begun building a naval aircraft destroyer. The vessel will be part of the multi-layered "Steel Dome", or air defence system, planned by the country. NATO member Turkey announced its first plans to build Steel Dome…

The Sailing-Black Foils are ready to strike in Abu Dhabi

Posted to Maritime Reporter on November 24, 2025

New Zealand's Black Foils have a quiet confidence as they head into the SailGP season finale. Peter Burling has declared that his team is exactly where he wants them to be, as the championship showdown in Abu Dhabi looms. The Kiwis are heading…

Deals of the Day- Mergers and Acquisitions

Posted to Maritime Reporter on November 24, 2025

BHP has abandoned its last-ditch attempt to acquire rival Anglo American to bolster its copper dominance, just two weeks ahead of the 60 billion dollar merger between Anglo and Teck Resources. Monash IVF Group has announced that it rejected…

Erdogan, the Turkish president, says that he will meet with Putin in Russia on Monday

Posted to Maritime Reporter on November 23, 2025

The Turkish president Tayyip Erdoan said that he will have a telephone call with his Russian counterpart Vladimir Putin to discuss the peace efforts in Ukraine. He added that he will also ask him for a restart of a deal to ensure the safe passage grain via the Black Sea.

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…

HP seeks $1.8 billion in damages from Mike Lynch’s estate following UK Autonomy lawsuit

Posted to Maritime Reporter on November 18, 2025

Hewlett Packard Enterprise's lawyers informed the London High Court that they are seeking to recover nearly $1.8 billion in damages from the estate of Mike Lynch, who died in 2003. This is due to HP's acquisition by HP of Autonomy, his British technology firm.

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