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Russia increases LPG rail exports to China by 21% in March m/m

Posted to Maritime Reporter on April 23, 2026

Sources said that Russia increased its liquefied gas exports to China by 21% in March compared to February. This was due to the increase in trading after the Chinese New Year holiday and the lack of Middle East supplies. Due to European sanctions…

Bousso

Posted to Maritime Reporter on April 23, 2026

In the past decade, we have seen a rapid series of energy crises around the world, fueled by extreme weather, military conflict and supply chain snarls. The highly interconnected oil and natural gas markets are fragmenting and the transition to a low-carbon economy is accelerating.

Ferretti shareholders submit rival board slates in advance of the May 14 showdown

Posted to Maritime Reporter on April 20, 2026

The two largest shareholders of Ferretti filed rival slates of candidates for the renewal of the Italian Yacht Maker's Board on Monday, setting up a fight at the annual meeting of the company on May 14. Czech investor KKCG Maritime has submitted…

Data shows that a tanker has left Hormuz and is heading for South Korea's HD Hyundai Oilbank.

Posted to Maritime Reporter on April 20, 2026

Shipping data revealed that an oil tanker was heading to South Korea's HD Hyundai Oilbank, after passing the Strait of Hormuz. Kpler data showed that the Malta-flagged Odessa sailed through the strait in April 2013, but it did not specify where the tanker loaded its oil.

Data shows that a tanker is on its way to South Korea, Hyundai Oilbank.

Posted to Maritime Reporter on April 20, 2026

Shipping data revealed that an oil 'tanker' is headed to South Korean refiner Hyundai Oilbank in order to discharge its cargo after passing through the Strait of Hormuz. The Malta flagged Odessa passed the strait in April 13 Kpler data showed, but did no indicate where the tanker loaded the oil.

Senior Iranian official: There are still significant differences between Iran and the US, including in nuclear issues

Posted to Maritime Reporter on April 17, 2026

A senior Iranian official said on Friday that there are still significant differences between Iran and the United States in order to reach an agreement to end the 'war.' He added that the U.S. must adhere to the ceasefire terms if it wants to keep the Strait of Hormuz opened.

Nornickel claims that higher prices will offset the increased costs and delivery time from the Iran war

Posted to Maritime Reporter on April 17, 2026

Russian metals manufacturer Nornickel said the Iran war had extended delivery times by three weeks for its base metals exports and increased freight costs, but that higher metal prices offset the additional expenses. U.S.-Israeli strikes on Iran have paralyzed shipments through Strait of Hormuz…

Safe-haven dollar increases as US-Iran talks fail, US to blockade Iran port

Posted to Maritime Reporter on April 13, 2026

The dollar strengthened on Monday as peace talks between the U.S.A. and Iran collapsed and the U.S. Navy prepared to blockade Iranian ports. Meanwhile, the Hungarian forint rose after the centre-right Tisza Party defeated?Viktor Orban by a large margin in an election victory.

Safe-haven dollar gains when US-Iran talks fail, US will blockade Iran port

Posted to Maritime Reporter on April 13, 2026

The dollar, a safe-haven currency, firmed up on Monday after peace talks broke down between the U.S.A. and Iran and the American Navy prepared to?blockade Iranian ports. Meanwhile the Hungarian forint rose after the centre-right Tisza Party defeated Viktor Orban by a large margin.

Dollar gains in FOREX as peace talks fail, US blockade Hormuz

Posted to Maritime Reporter on April 13, 2026

As peace talks between the U.S., and Iran fell apart and the American Navy prepared to blockade Iranian ports, the safe-haven greenback advanced. However, the dollar lost some of its gains as the trading session progressed. Both currencies have recovered from their previous lows.

Dollar gains in FOREX as peace talks fail, US blockade Hormuz

Posted to Maritime Reporter on April 12, 2026

As the peace talks between Iran and the U.S.?broke up and the U.S. The Navy was preparing a?blockade of?Iranian port. The euro fell by 0.3% to $1.1684, and the British pound dropped 0.5% to ÂŁ1.3398. The Australian dollar, which is a risky currency, was down 0.6% at $0.7030.

The FOREX Dollar strengthens when peace talks fail and the US begins its blockade against Iran's ports

Posted to Maritime Reporter on April 12, 2026

In early Asian trade on Monday, the dollar gained strength against most of its peers in a broad rally. Peace talks between the U.S. Navy and Iran had broken down. The U.S. Dollar Index, which measures the strength of the greenback against a basket?of six currencies, rose as much as 0.5% to 99.187.

Official: UK will convene further talks on Strait of Hormuz Strait next week

Posted to Maritime Reporter on April 10, 2026

A British official who was aware of the discussions said that Britain would convene the latest round of talks next week with its allies to discuss a way to open up the Strait of Hormuz for shipping without paying tolls to Iran. The official…

Quantum Pacific, an investor in Atletico Madrid, has purchased SailGP's Los Gallos.

Posted to Maritime Reporter on April 9, 2026

Quantum Pacific has acquired Spain's Los Gallos sailing team, led by Olympic champions Diego Botin & Florian Trittel. This was announced on Thursday. SailGP did not reveal?financial information?of this deal. The sailing league stated that it…

After ceasefire, Glencore and Taiwan refiners book tankers to fill Middle East oil

Posted to Maritime Reporter on April 9, 2026

?Commodities traders Glencore and Taiwan’s state refiner CPC chartered a vessel each to load Middle Eastern oil for Asia.?Vessels in the Gulf prepare?to leave via the Strait of Hormuz a day...after the 'ceasefire' in the U.S.Iran war. The two…

Ferretti Board rejects KKCG Maritime's partial tender offer of 3.90 euros

Posted to Maritime Reporter on April 8, 2026

KKCG Maritime 'on Thursday rejected Ferretti’s opposition to 'its 3.90 euro a share partial tender offer', stating that directors nominated 'by 'controlling shareholder Ferretti 'International 'Holdings' (FIH), a 'unit' of 'China's Weichai Group','shaped' the recommendation.

CK Hutchison Panama's unit files arbitration against Maersk regarding ports takeover

Posted to Maritime Reporter on April 7, 2026

PPC of Hong 'Kong conglomerate CK Hutchison, a 'Panama' unit, has filed an arbitration 'against 'Maersk 'after taking over two strategic ports close to the Panama Canal, which are the centre of a 'legal battle' that has engulfed Beijing and Washington.

French Navy chief: China needs to be more involved in Strait of Hormuz discussions

Posted to Maritime Reporter on April 1, 2026

France's Navy Chief said that China may 'at some point' have to take a more direct role in re-establishing?traffic flows? through the Strait of Hormuz, because its number of ships is probably insufficient. "We have not seen the Chinese navy intervene to reopen this strait.

Norway increases its long-term defense plan by $12 billion

Posted to Maritime Reporter on March 27, 2026

The government announced on Friday that Norway will increase its defence expenditures by 115 billion crowns (about 11.87 billion dollars) between now and 2036 to compensate for the rising costs of military equipment. According to the government…

Ferretti, the Italian yacht manufacturer, is offered a sweetened offer by KKCG Maritime for a stake increase.

Posted to Maritime Reporter on March 26, 2026

KKCG Maritime, a Czech 'investment firm', raised on 'Friday its voluntary offer - to increase its % stake in Italian yacht maker Ferretti up to 203.35 million euros (234.55 millions). The revised offer, which is 3.90 euros per share, values Ferretti at 1,32 billion euros.

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