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Friday, December 5, 2025

Maritime Blogs North America

South Korea's nuclear sub gamble raises the prospect of an underwater arms race in Asia

Posted to Maritime Reporter on December 4, 2025

South Korea's pursuit for nuclear-powered subs has gained traction after President Donald Trump's approval. This ends decades of U.S. opposition in a move which could reshape Asia’s security landscape, and escalate an undersea arms race. Seoul…

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…

Cuba: Island is not a 'blackhole' in drug trafficking to US

Posted to Maritime Reporter on December 4, 2025

Law enforcement officials from Cuba stated on Thursday that the island is prioritizing its fight against drug trafficking in Caribbean. They also said they continue to share information with the U.S. Coast Guard despite the escalating tensions…

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.

As tensions in the Black Sea ease, Chicago wheat and corn prices drop.

Posted to Maritime Reporter on December 4, 2025

Chicago wheat and corn prices fell on Thursday as fears of escalation of military activity in the Black Sea grain export area eased. As of 0344 GMT the most active wheat contract on Chicago Board of Trade lost 0.05%, to $5.38 per bushel. Corn fell 0.17%, to $4.42-3/4 per bushel.

Corn and wheat decline after Black Sea-driven gains

Posted to Maritime Reporter on December 3, 2025

Analysts said that U.S. corn and wheat futures both fell by more than 1% Wednesday as concerns about an escalation of military activity in the Black Sea grain-export region subsided. Soybeans fell on the uncertainty surrounding Chinese demand for U.S. supply of the oilseed.

Corn and wheat decline after Black Sea-driven gains

Posted to Maritime Reporter on December 3, 2025

Analysts said that U.S. Corn futures dropped more than 1% and Wheat futures also fell as fears of a military escalated in the Black Sea grain-export region eased. Soybeans fell on the uncertainty surrounding Chinese demand for U.S. supply of the oilseed.

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.

Platts: No need to make significant Dated Brent Changes

Posted to Maritime Reporter on December 3, 2025

S&P Global Energy Platts, at a London briefing on Wednesday, said that the Dated Brent crude oil global benchmark works well and there is no need to make significant changes in its methodology. Dated Brent is the benchmark for physical crude oil and it's used to price over 60% of global oil traded.

South Korean milling groups buys around 30,300 tons of wheat from the US traders claim

Posted to Maritime Reporter on December 3, 2025

European traders reported that a South Korean group of flour mills bought approximately 30,300 metric tonnes of milling grain to be sourced in the United States at an international auction on Wednesday. All wheat was purchased on a FOB basis.

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…

GRAINS: Soybeans rise on China's purchases; wheat increases on Black Sea tensions

Posted to Maritime Reporter on December 2, 2025

Chicago soybean futures climbed higher on Wednesday. This was largely due to the acceleration of U.S. soybean exports to China following months of tariff-related disruptions. However, concerns remain over China's general purchase pace. As of 0305 GMT…

Malaysia announces that the search for missing flight MH370 will resume in this month.

Posted to Maritime Reporter on December 2, 2025

Malaysia's Transport Ministry announced on Wednesday that the search for missing Malaysia Airlines Flight MH370 would resume on December 30. This comes more than a year after the flight, bound for Beijing, disappeared in what is considered one of aviation's biggest mysteries.

Grain futures are up on Black Sea tensions and US weather

Posted to Maritime Reporter on December 2, 2025

Analysts said that the benchmark Chicago corn and Wheat futures gained just over 1% Tuesday. They attributed the gains to concerns about tensions around the Black Sea Export Region as well as the cold weather in the Midwest of the United States.

Grain futures are up on Black Sea tensions and US weather

Posted to Maritime Reporter on December 2, 2025

Analysts said that the benchmark Chicago corn and wheat contracts rose by about 1% on Monday, boosted by concerns over tensions in the Black Sea grain-export region, as well as the cold weather that is slowing down grain movement in the U.S. Midwest.

PWHL Boston Fleet will play at TD Garden

Posted to Maritime Reporter on December 2, 2025

The Boston Fleet announced on Tuesday that it will be playing a spring game at TD Garden. On April 11, the PWHL team will host the Montreal Victoire at the Boston Bruins' and Boston Celtics' home. Laura Marie Davey, Fleet's director of business operations…

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.

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