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Western sanctions against Russia and Iran energy trade

Posted to Maritime Reporter on November 27, 2025

The European Union, Britain, and the U.S. imposed a number of sanctions on Russia for its involvement in the war in Ukraine. The U.S. targeted Russia’s two largest oil producers in October: Rosneft, and Lukoil. Here is a list of the most important…

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…

UK bans maritime services for Russian LNG Exports

Posted to Maritime Reporter on November 11, 2025

In its latest effort to aid Ukraine in its fight against Russia, Britain will ban companies that provide services like shipping and insurance to Russian exports of liquefied gas. The European Union approved sanctions in October that will ban Russian LNG imports starting January 1, 2027.

Ocean activist dodges Japanese arrest, vows to fight deep-sea mining and krill industries at COP30

Posted to Maritime Reporter on November 13, 2025

At the COP30 conference in Brazil, a Canadian activist against whaling who had avoided arrest in Japan for over a decade vowed to continue his fight for marine protection – focusing on deep-sea mines and Norway's krill industries. Paul Watson, a U.N.

Fincantieri, Italy, launches underwater drone to defend submarine infrastructure

Posted to Maritime Reporter on October 23, 2025

Fincantieri, an Italian shipbuilder, unveiled on Thursday its first underwater drone systems as it changes its product mix in order to give more space for the lucrative submarine business. Underwater drones are designed to protect and maintain critical underwater infrastructure…

Algerian wheat buyers say that the auction on Wednesday will be around 600,000 tonnes.

Posted to Maritime Reporter on October 23, 2025

European traders reported on Thursday that Algeria's state grain agency OAIC purchased approximately 600,000 metric tonnes of milling wheat at an international auction which ended on Wednesday. The trader estimates for the purchase of Wednesday evening ranged between 500,000 and 600,000 tonnes.

Chinese freighter cuts EU delivery time in half on first Arctic voyage to UK

Posted to Maritime Reporter on October 14, 2025

State-run news agency Xinhua reports that a Chinese container ship completed a pioneering voyage through the Arctic and into a UK port. This journey cut in half the transit time of the electric vehicles aboard the ship, as well as the solar panels, which were destined for Europe.

UN Trade Agency: Conflict and tariffs are causing major instability in the shipping industry

Posted to Maritime Reporter on September 24, 2025

According to a U.N. Trade and Development Agency report released on Wednesday, the shipping industry is experiencing significant volatility due to rising geopolitical tensions and disruptions brought about by a wave new tariffs. UNCTAD's maritime…

The crew is on the hunt for illegal Greek octopus snares

Posted to Maritime Reporter on September 11, 2025

"Octopus!" The crew of Sea Eagle shouted "Octopus!" as a cephalopod crawled out of a pot of plastic they had dug up from the seabed near northern Greece. The octopus was caught in a trap that was illegal moments earlier. Its rescuers stretched…

BAE, a British company, aims to have an autonomous submarine on the market by 2026

Posted to Maritime Reporter on September 9, 2025

BAE Systems, a British company, said that it aims to launch an autonomous submersible by 2026. This is in response to the growing concern of countries about threats underwater, after a series attacks on submarine cables. BAE successfully tested the Herne sub product last year.

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.

In UK court, Russian captain who was involved in US tanker accident pleads guilty to manslaughter

Posted to Maritime Reporter on May 30, 2025

The captain of the container ship which collided with a U.S. oil tanker near Britain's East Coast pleaded guilty to manslaughter through gross negligence in London on Friday. Vladimir Motin was a Russian citizen, aged 59. He was the captain…

Poland checks for explosive devices near underwater power cables, PM says

Posted to Maritime Reporter on May 22, 2025

Poland is investigating whether explosive devices have been planted after a Russian "shadow fleet's" ship was seen suspiciously moving near a cable connecting Poland and Sweden on Wednesday. According to Polish Prime Minister Donald Tusk, Poland will be looking into the matter.

Ambrey Security says that the hijack call made by a ship near Iran was a false alarm

Posted to Maritime Reporter on May 21, 2025

Ambrey, a British maritime security company, said that a hijack signal sent by a Panamanian flagged petroleum products tanker near Iran was a false alert. Ambrey reported the incident on Tuesday, south of the busy Strait of Hormuz shipping lanes without naming "UAE-linked vessel".

Hapag-Lloyd CEO: Trade truce between U.S. and China gives Hapag-Lloyd a boost

Posted to Maritime Reporter on May 14, 2025

Hapag-Lloyd's CEO Rolf Habben Jansen said on Wednesday that the company is experiencing a higher demand this week for freight traffic between China and the United States, following the detente reached in the trade dispute between the two countries.

Shipping group Maersk: US-China agreement is a positive step; shares soar

Posted to Maritime Reporter on May 12, 2025

Maersk, a Danish shipping company, said that on Monday the agreement between China & the United States on a 90-day suspension of tariffs & reciprocal duties is a positive step. At 0948 GMT, shares of Maersk were trading 12.9% higher. In an email…

Maersk keeps 2025 outlook unchanged; Q1 profits beat forecast

Posted to Maritime Reporter on May 8, 2025

Shipping group A.P. Moller-Maersk reported a first-quarter operating income that was above expectations on Thursday and maintained its profit forecast for the full year. In a press release, CEO Vincent Clerc stated that "we delivered strong results in comparison to the same quarter of last year.

French CMA CGM acquires Turkish Borusan Logistics subsidiary for $440 million

Posted to Maritime Reporter on April 27, 2025

According to a Turkish filing, CEVA Corporate Services, a subsidiary of French shipping giant CMA CGM, has agreed to buy Borusan Tedarik Zinciri Cozumleri ve Teknoloji's logistics division for $440m. Borusan Yatirim stated in the filing on the…

Maersk Shipping expects US growth to continue but warns about rising uncertainty

Posted to Maritime Reporter on April 2, 2025

Maersk, the Danish shipping company, has seen a strong demand from the United States this year. It expects it to continue. However, President Donald Trump's proposed tariffs could cloud its outlook. Maersk published its regular global market forecast before Trump…

UK Coastguard responds after ship collision near northeast coast

Posted to Maritime Reporter on March 10, 2025

The Maritime and Coastguard Agency announced on Monday that Britain's Coastguard was responding to reports about a collision involving a cargo vessel and a tanker off England's Northeastern Coast. The agency reported that a helicopter, fixed-wing aircraft and lifeboats…

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