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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…
Posted to Maritime Reporter
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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.
Posted to Maritime Reporter
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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…
Posted to Maritime Reporter
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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…
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.
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INEOS Britannia, the team backed up by INEOS Chief Jim Ratcliffe, announced on Wednesday that it had withdrawn from the race for the America's Cup due to a failure to reach a deal with Athena Racing of former skipper Ben Ainslie.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…
Posted to Maritime Reporter
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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…
Posted to Maritime Reporter
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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.
Posted to Maritime Reporter
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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.
Posted to Maritime Reporter
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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…
Posted to Maritime Reporter
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April 9, 2025
China's Coast Guard said Thursday that it allowed a Philippine civil vessel to deliver supplies to a warship illegally grounded at Second Thomas Shoal in the South China Sea. In a press release, the coast guard said that it had questioned and…
Posted to Maritime Reporter
on
April 9, 2025
European traders reported that Jordan's state grain purchaser purchased approximately 60,000 metric tonnes of animal feed barley on Wednesday in an international bid seeking up to 120,00 tons. The trading house Olam was reported to have purchased…
Posted to Maritime Reporter
on
April 9, 2025
Sources and shipping data indicate that China will receive approximately 3 million metric tonnes of U.S. soya beans in April-May. This is despite the new tariffs on American goods, which are set to choke off China's biggest U.S. import. Four…
Posted to Maritime Reporter
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April 9, 2025
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from any origin, European traders reported on Wednesday. The deadline for submitting price offers to the tender is April 15th.
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April 9, 2025
Ahn Duk Geun, South Korea's minister of trade and industry, said that the potential for cooperation with Washington on the shipbuilding front is "a very important card" when negotiating with the U.S. about its tariffs. U.S. president Donald…
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on
April 8, 2025
U.S. Secretary of Defense Pete Hegseth told reporters in Panama on Tuesday that the United States would retake the Panama Canal back from Chinese influence. Hegseth promised to intensify security cooperation with Panamanian forces after talks with the government of Panama.
Posted to Maritime Reporter
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April 8, 2025
U.S. trade representative Jamieson Greer informed lawmakers on Tuesday that the proposed multimillion dollar fees for Chinese-built vessels docking at U.S. port may not be implemented in full and they might not be cumulative. Greer said at a…
Posted to Maritime Reporter
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April 8, 2025
The EU border agency announced on Tuesday that it was reviewing twelve cases of possible human rights violations committed by Greece. This included some allegations that migrants were pushed across the border, a practice which Athens had already been criticised for in European court.
Posted to Maritime Reporter
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April 8, 2025
U.S. Secretary of Defense Pete Hegseth will get a closer look at the Panama Canal as he begins a rare trip to Central America, a nation that is still uneasy about President Donald Trump’s threats to take the canal back. Hegseth is the first U.S. Defense Secretary to visit Panama in decades.
Posted to Maritime Reporter
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April 7, 2025
Two sources reported on Monday that the Black Sea CPC blend oil exports were reduced to 1.6 millions barrels per day (or 6.2 million tons) from 1.7million bpd as outlined in the preliminary plan. Caspian Pipeline Consortium exports Kazakhstan's and Russia's crude oil via the Black Sea.
