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Olympic champion Bontus undergoes surgical treatment after skiing accident

Posted to Maritime Reporter on April 14, 2025

VIENNA, 14 April - Formula Kite Olympic Champion Valentin Bontus suffered a torn ligament in his left leg after a skiing accident at the weekend. This is his second injury to that same knee since the year 2020. Der Standard, Austrian newspaper…

Greek Coast Guard finds 39 migrants and two bodies on tiny island

Posted to Maritime Reporter on April 14, 2025

The Greek Coast Guard said that it found two women's bodies and 39 other migrants in the Aegean sea on the small island of Farmakonisi on Monday and was conducting an investigation to determine the cause of death. They said that the circumstances surrounding the death were not clear.

Port executive: Imports to Port of Los Angeles may fall due to tariffs in May

Posted to Maritime Reporter on April 11, 2025

Port of Los Angeles Executive Director Gene Seroka stated on Friday that imports to the country's busiest seaport may drop as early as May as companies stop orders as a result of President Donald Trump's increasing tariffs against China and other trading partners.

Chevron's Venezuelan crude oil cargoes are stuck at sea following export cancellations

Posted to Maritime Reporter on April 11, 2025

Two sources familiar with the situation said that at least two vessels chartered by Chevron to transport Venezuelan crude are stranded in Venezuelan waters because the state oil company PDVSA canceled their export authorizations following the U.S.

Burling, America's Cup winning skipper, leaves Team New Zealand

Posted to Maritime Reporter on April 10, 2025

Peter Burling, three-time America's Cup winner and skipper of Team New Zealand, has parted ways with the team after they failed to reach an agreement ahead of the 38th regatta. Team NZ's management said it and Burling were in talks since their…

Sources say that Venezuela's PDVSA has suspended oil loading authorizations for Chevron.

Posted to Maritime Reporter on April 10, 2025

Three sources familiar with the decision confirmed on Thursday that Venezuela's PDVSA, Venezuela's national oil company, has cancelled several authorizations granted to Chevron by PDVSA to load and export Venezuelan crude oil in this month.

Sources say NOAA terminates probationary employees who were previously reinstated.

Posted to Maritime Reporter on April 10, 2025

Five sources with knowledge of the situation claim that the National Oceanic and Atmospheric Administration fired probationary employees who had been reinstated after a court ruling on April 9, cleared the way for Trump's administration to dismiss thousands of workers.

SailGP cancels May Rio due to wingsail defects

Posted to Maritime Reporter on April 10, 2025

The racing circuit announced on Thursday that SailGP had cancelled the event in Rio next month after discovering a defect with select wingsails of the F50 fleet. This will allow time for repairs before the event in New York in June. Testing…

Egypt targets 10 million tons of wheat harvest amid improved yields and land reclamation efforts

Posted to Maritime Reporter on April 10, 2025

Alaa Farouk, Egypt's Agriculture Minister, said late Wednesday that Egypt expects to harvest ten million tonnes of wheat in 2018, up from nine million in 2023. This is due to improved crop yields, and ambitious land reclamation initiatives.

Ireland continues to bid for offshore wind projects despite the industry turmoil

Posted to Maritime Reporter on April 10, 2025

Ireland will hold at least three additional offshore wind auctions before the end of the decade, said its marine minister on Thursday. He added that the country was unlikely to meet its goal of 80% electricity generation by renewable sources by 2030.

Last week, South Korea's FLC purchased about 65,000 t corn from the U.S.

Posted to Maritime Reporter on April 10, 2025

The Feed Leaders Committee of South Korea (FLC) purchased around 65,000 tons of animal feed grain expected to come from the United States, in a private transaction late last week. This was done without launching an international tender. They…

Aukus nuclear submarines sale is under scrutiny after Trump tariffs rattle Australia

Posted to Maritime Reporter on April 10, 2025

As U.S. President Donald Trump’s tariffs begin to take effect, there are new questions about the sale of nuclear submarines to Australia as part of the AUKUS Treaty. Washington is also concerned that the sale to Canberra could reduce the deterrence against China.

South Korea's trade envoy: Trump's tariff pause allows for negotiation

Posted to Maritime Reporter on April 9, 2025

Cheong In Kyo, South Korea's top Trade Envoy, said that President Donald Trump's tariff reprieve has provided room for negotiation as the country tries to reduce tariffs by talks. The trade ministry reported that Cheong had met with U.S. Trade…

VW's quarterly results fall due to US tariffs, EU Carbon Rules, and restructuring

Posted to Maritime Reporter on April 9, 2025

Volkswagen has said that uncertainty over tariffs imposed by President Donald Trump in the United States was one of the reasons for its operating results falling to 2.8 billion euro ($3.07 billion), from 4.6 billion dollars, last year. The results…

Panama: US acknowledges Panama's sovereign right over the canal

Posted to Maritime Reporter on April 9, 2025

Panama announced on Wednesday that the United States recognizes its sovereignty over the Panama Canal despite the harsh rhetoric of Washington. The two nations also announced an agreement to intensify U.S. Military Training in Central America. In the first Pentagon visit to Panama for decades, U.S.

INEOS withdraws America's Cup Challenge

Posted to Maritime Reporter on April 9, 2025

INEOS Britannia, the team backed up by INEOS Chief Jim Ratcliffe, announced on Wednesday that it had withdrawn from the race for the America's Cup due to a failure to reach a deal with Athena Racing of former skipper Ben Ainslie. INEOS announced…

US crude stocks rise as exports fall to Jan lows according to EIA data

Posted to Maritime Reporter on April 9, 2025

The Energy Information Administration reported on Wednesday that U.S. crude stockpiles increased last week, as imports rose and exports dropped to their lowest level since January. Meanwhile, gasoline and distillate stocks decreased. The EIA…

EU tariffs will curb US corn imports; soy is less at risk now

Posted to Maritime Reporter on April 9, 2025

The European Union's counter-tariffs against U.S. products, which will be implemented next week, are expected to stop a large amount of U.S. grain from reaching Europe and increase costs for buyers who want to find alternative sources of feed grain.

US bill creates fund for oil sanctions against Russia's ghost Fleet

Posted to Maritime Reporter on April 9, 2025

Two U.S. Senators, both from the Democratic and Republican parties, introduced legislation on Wednesday that establishes a Fund to enforce sanctions against Russia's so-called "ghost fleet" of oil tankers it relies on in order to avoid Western sanctions due to its war with Ukraine.

Sources: India approves the purchase of 26 Rafale jets from France for its navy

Posted to Maritime Reporter on April 9, 2025

Two people familiar with the decision confirmed it on Wednesday. The purchase is a deterrent to rival China's growing naval presence in Indian Ocean. The people, who requested anonymity because they were not authorized to speak to media, said…
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