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South Korean mills purchased 32,000 T of wheat from the US

Posted to Maritime Reporter on June 27, 2025

On Friday, European traders reported that a group of South Korean mills purchased an estimated 32,000 tons of milling grain to be imported from the United States. This purchase included several wheat varieties and all were purchased on a FOB…

European Defence Stocks Rise on NATO Spending Promise

Posted to Maritime Reporter on June 26, 2025

The shares of European defence companies rose on Thursday, after NATO leaders supported the demand for increased defence spending by U.S. president Donald Trump on Wednesday. At 0814 GMT on Friday, German company Rheinmetall, and Italian Fincantieri…

Trump says US oil sanctions against Iran may need to be eased to rebuild the country

Posted to Maritime Reporter on June 25, 2025

Donald Trump stated on Wednesday that the U.S. had not ceased its maximum pressure against Iran, including restrictions on the sale of Iranian oil. However, he indicated a possible easing in enforcement for the benefit of the country's rebuilding.

Julio Rodriguez, Mariners push past sinking Twins

Posted to Maritime Reporter on June 24, 2025

The Seattle Mariners beat the Minnesota Twins 6-5 on Tuesday in Minneapolis, thanks to Julio Rodriguez's two runs and a game-breaking sacrifice fly. Donovan Solano, who also scored two runs in Seattle's third consecutive win, was the other player to contribute.

EU wheat prices fall as fears of war fade and harvest approaches

Posted to Maritime Reporter on June 24, 2025

Euronext Wheat Futures dropped sharply on February 2, as traders reported that a tentative ceasefire agreement between Israel and Iran reduced war concerns, while the build-up to large harvests in Northern Hemisphere was maintaining supply pressure.

Trump says China may continue to buy oil from Iran

Posted to Maritime Reporter on June 24, 2025

Donald Trump stated on Tuesday that China could continue to buy oil from Iran, after the U.S. attacked the OPEC members nuclear facilities. He also hoped China would purchase "plenty" from the United States. "China can continue to buy Oil from Iran." "Hopefully…

After maintenance, gas flow at Cheniere Louisiana LNG plant will reach a 3-week high.

Posted to Maritime Reporter on June 23, 2025

According to LSEG, the amount of natural gases flowing to U.S. liquefied gas company Cheniere Energy’s Sabine Pass Export Plant in Louisiana is on track to reach a preliminary 3-week high on Monday. Energy traders noted that an increase in gas…

Oil drops 1% from 5-month highs amid Mideast conflict

Posted to Maritime Reporter on June 23, 2025

Oil prices dropped 1% on Monday, after reaching a five-month peak. Markets were trying to gauge the effect of U.S. airstrikes on Iran over the weekend on the transit of oil and natural gas through the Strait of Hormuz. Brent crude futures fell 70 cents or 0.9% to $76.31 per barrel at 10:46 am ET.

Press TV reports that Iran's top security organ will decide about the closure of Hormuz.

Posted to Maritime Reporter on June 22, 2025

Iran's Supreme National Security Council will make the final decision about whether the Strait of Hormuz is closed following U.S. airstrikes, Press TV reported on Sunday. The move was reportedly supported by the Iranian parliament. Iran has used the threat to close the Strait of Hormuz…

Russia is ready to provide LNG to Mexico

Posted to Maritime Reporter on June 21, 2025

The Russian Embassy in Mexico announced on Saturday that it was ready to share its energy technologies and supply Mexico with liquefied gas. "We already work with Mexico." "We have excellent LNG technology, and we're ready to share this technology and supply LNG too…

Luna Rossa welcomes America's Cup winner Burling after Team NZ split

Posted to Maritime Reporter on June 20, 2025

The team announced that Peter Burling, a three-time America's Cup winner and helmsman of New Zealand's Luna Rossa, has left New Zealand to join the Italian team Luna Rossa ahead of the 2027 edition sailing's most prestigious event. The 38th America's Cup will be held in Naples, Italy.

China criticizes British warships' 'troublemaking" Taiwan Strait Transit

Posted to Maritime Reporter on June 19, 2025

China's military condemned on Friday the sailing of a British ship through the Taiwan Strait, saying that it was a deliberate effort to "cause troubles", and undermined the peace and stability in this region. The Royal Navy of Britain said that…

Canada - June 19

Posted to Maritime Reporter on June 19, 2025

These are the most important stories that appeared in a Canadian newspaper. These stories have not been verified and we cannot guarantee their accuracy. The Liberal government of Canada pushed through on Thursday a bill that allows the cabinet…

Air India chairman says that the flight that crashed had a clean engine history

Posted to Maritime Reporter on June 18, 2025

Air India Chairman N. Chandrasekaran stated on Wednesday that the Boeing Dreamliner that crashed last week with 242 passengers on board had a clean history of engines. Chandrasekaran told Indian broadcaster Times Now that Air India Flight 171's left engine had last been serviced in 2023…

Ares and Mbappe, Madrid rivals, join forces in SailGP to ride the same wave

Posted to Maritime Reporter on June 18, 2025

Ares Management, the Wall Street investment giant, has entered into a partnership with Real Madrid's Kylian Mbappe. The two have acquired a minor stake in France SailGP Team - where old rivals find themselves suddenly in the same boat. The $546 billion asset management company…

Taiwan completes the first sea trials for a domestically-made submarine in defense milestone

Posted to Maritime Reporter on June 17, 2025

Taiwan has completed its maiden sea test for its first submarine developed domestically on Tuesday. This is a major milestone in a project that aims to strengthen deterrence and protect vital sea routes in case of war. Taiwan, which China claims…

Taiwan seals a deal with Ukraine to test drones and combat software in order to deter China

Posted to Maritime Reporter on June 17, 2025

Taiwan signed a partnership agreement on Tuesday with U.S.-based Auterion and German-based Auterion to provide drone software that has been tested in Ukraine. The deal will help Taiwan strengthen its defences against the growing military threat from China, which is a giant neighbor.

US seeks dismissal in Naval Academy case following end of race-conscious admissions

Posted to Maritime Reporter on June 16, 2025

On Monday, the U.S. Justice Department asked a federal court of appeals to dismiss a case challenging racial admissions at U.S. Naval Academy, the elite military academy said that it had changed its admissions policy under Republican president Donald Trump.

The majority of G7 countries are ready to lower the Russian oil price cap even without US

Posted to Maritime Reporter on June 12, 2025

Four sources with knowledge of the situation said that most countries in the Group of Seven are willing to lower the G7 cap on Russian oil if the U.S. president Donald Trump opts out. The G7 leaders will meet in Canada on June 15-17 to discuss the price caps first agreed upon in late 2022.

The majority of G7 countries are ready to lower the Russian oil price cap even without US

Posted to Maritime Reporter on June 12, 2025

Four sources with knowledge of the situation said that most countries in the Group of Seven are willing to lower the G7 cap on Russian oil if the U.S. president Donald Trump opts out. The G7 leaders will meet in Canada on June 15-17 to discuss the price caps first agreed upon in late 2022.

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