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Tariff turmoil dims the year-end outlook for US container imports, which rose in August.

Posted to Maritime Reporter on September 9, 2025

Descartes, a provider of supply chain technology, said that U.S. containerized imports rose 1.6% in August compared to the same month last year, despite a drop in volume from China and key suppliers due to uncertainty surrounding President Donald Trump's new trade policy. Last month, U.S.

1789 Capital, a Trump-linked venture capital fund, has assets of $1 billion.

Posted to Maritime Reporter on September 8, 2025

A little-known venture capital fund, with close ties to Donald Trump and his family, quietly reached a $1 billion milestone in the months that followed Donald Trump's return. 1789 Capital was once a niche firm that tried to align equity investment with conservative political values.

Trafigura economist: Oil shadow fleet is growing due to sanctions

Posted to Maritime Reporter on September 8, 2025

Saad Rahim is the chief economist at Trafigura, a major trading company. He said that the shadow fleet of oil tanks has grown following Western sanctions against Russia for its war in Ukraine. The shadow fleet plays a crucial role in ensuring that Russian crude oil is available to buyers…

China criticises Canadian, Australian warships transiting Taiwan Strait

Posted to Maritime Reporter on September 6, 2025

China's military said on Saturday that its forces followed and warned two warships, a Canadian and Australian, as they sailed through the Taiwan Strait. It criticized this move as a provocation. The People's Liberation Army's Eastern Theatre Command stated that the Canadian frigate Ville de Quebec…

Microsoft Azure cloud service affected by Red Sea fiber cut

Posted to Maritime Reporter on September 6, 2025

Microsoft announced on Saturday that Microsoft Azure users could experience an increase in latency as a result of multiple fiber cuts under the Red Sea. The company warned that traffic traversing the Middle East, originating or terminating in Asia and Europe, may be subject to increased disruptions.

China media: Canadian and Australian warships transit Taiwan Strait

Posted to Maritime Reporter on September 6, 2025

China's official media reported that two warships from Canada, Australia and the People's Liberation Army were observing the transit of two warships through the Taiwan Strait. China's state run Global Times newspaper reported that the Canadian frigate Ville de Quebec…

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…

Chinese navy claims it conducted routine patrol in South China Sea

Posted to Maritime Reporter on September 4, 2025

China's Navy conducted a routine patrol in the South China Sea, a spokesperson from its Southern Theatre Command announced on Thursday. The Philippines was accused of "undermining peace and stability in the region" by conducting joint patrols.

Top South Korean official: Policy institutions will lead $350 billion US Fund, Watching FX

Posted to Maritime Reporter on September 4, 2025

Vice Finance Minister of South Korea said that the pledge by South Korea to invest $350billion in strategic U.S. Industries as part a trade agreement with Washington will likely be led state policy institutions who will provide funding case-by-case. In a July trade agreement to cap U.S.

Panama launches project to build a canal gas pipeline for the interoceanic energy Corridor

Posted to Maritime Reporter on September 3, 2025

The Panama Canal announced that during an official trip to Japan, President Jose Raul Mulino of Panama had begun a process for developing a new interoceanic gas pipeline energy corridor to serve the canal. The statement said that the pipeline would be the first project under this platform.

Beccaria fulfills Genoa Dream with Ocean Race Europe Leg Victory

Posted to Maritime Reporter on September 3, 2025

Ambrogio BECCARIA turned the waters of his native Genoa into a triumphant stage on Wednesday. He led his Italian-flagged Allagrande Mapei Racing to victory in Leg 4 The Ocean Race Europe2025, after a nail biting finish early in the morning.

Maduro claims that the US is seeking to change Venezuela's regime with its naval buildup

Posted to Maritime Reporter on September 1, 2025

Venezuelan President Nicolas Maduro stated in a rare Monday press conference that the United States was seeking to change his government through a naval deployment. In recent weeks, tensions between the United States of America and Venezuela have increased amid a massive U.S.

Indian oil minister denies that country is benefiting from Russian imports

Posted to Maritime Reporter on September 1, 2025

Hardeep Singh Puri said that India does not profit from Russian oil imports. Its purchases have stabilized markets and kept prices from increasing to $200 per barrel. India has been targeted by the U.S. for its Russian crude purchases. President…

Norwegian government: Norway chooses British-made ships for its Navy

Posted to Maritime Reporter on August 31, 2025

Norway's government announced on Sunday that the Norwegian Navy plans to order a new fleet of British-made ships to strengthen its maritime defense. Germany, France Britain and the United States all submitted competing designs for frigates in…

China's coast guard and military patrol the disputed South China Sea Atoll

Posted to Maritime Reporter on August 29, 2025

China's coast guard and military said that they carried out patrols in the waters surrounding the disputed Scarborough Shoal, in the busy South China Sea waterway. In a press release, the coast guard said that it has increased law enforcement patrols since the start of August.

Sources: China increases soybean purchases from Argentina and Uruguay amid US Trade War

Posted to Maritime Reporter on August 29, 2025

According to two sources, China's importers of soybeans are increasing their purchases from Argentina and Uruguay in the coming year to make up for the lack of U.S. shipments due to the ongoing trade war between Washington and Beijing. Sources…

Singapore's Temasek has undergone many changes in the last two decades

Posted to Maritime Reporter on August 28, 2025

Singapore's Temasek, the state-owned investment company in Singapore, announced a major restructuring of its operations on Thursday. This is one of the biggest structural changes it has seen in its 51 year history. STRUCTURAL CHANGES In 2011…

Austal's annual profits beat Street View, and the stock reaches a record high

Posted to Maritime Reporter on August 28, 2025

Austal, an Australian company, reported a sixfold increase in annual profit, thanks to increased U.S. shipbuilding orders, which sent its shares up to a new record high. The shipbuilder, which also makes defence vessels, posted a net profit of A$89.7 (US$58.3 million)…

South Korea's MFG bids for 60,000 tons of soymeal

Posted to Maritime Reporter on August 28, 2025

Major Feedmill Group in South Korea (MFG) issued a tender for up to 60,000 tons of soymeal. European traders confirmed this on Thursday. The deadline to submit price offers for the tender is Thursday, 28 August. A consignment weighing between 40…

Trade flows could be affected by Asia's promise to increase US farm imports

Posted to Maritime Reporter on August 28, 2025

Southeast Asian nations will reshape the global grain and oilseed trade flow through U.S. deals, which include increasing agriculture purchases. Increased American shipments are expected to displace Australian, Canadian, and Russian supply.

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