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April 28, 2026
The efforts to end the Iran conflict came to a standstill on Tuesday, with U.S. president Donald?Trump unsatisfied with the latest offer from Tehran. He said that Tehran had told the U.S. they were in a state of collapse and trying figure out their leadership situation.
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April 28, 2026
United Arab Emirates' decision not to join OPEC will drastically reduce the producer group's 65-year influence on the oil market. This could lead to a price war once Gulf producers rush to regain their market share after the Iran War is over.
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April 28, 2026
Giles Scott, a British sailing expert, was named the new sailing director of American Racing Challenger Team USA on Tuesday. The team is ramping up its preparations for next year's America's Cup, which will be held in Italy. Scott, who has won two Olympic golds in the Finn class…
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April 28, 2026
The Italian parliament voted on Tuesday to support a government proposal to donate an old?aircraft-carrier to Indonesia. This would strengthen relations with an ally and avoid the cost of dismantling an outdated asset. Garibaldi, a 54 million euro (63 million dollar) vessel…
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April 27, 2026
The price of European wheat futures fell in Paris on Monday, as a strong euro weighed down on exports. Traders also expected that a large Saudi Arabian purchase of wheat would be sourced from the region around the Black Sea. Fresh signs that…
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April 27, 2026
Shipping data revealed a lull in activity over the last few days. However, the talks between Iran and the United States are still stalled. According to data from Kpler, and a separate satellite analysis by 'data analytics specialists SynMax'…
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April 27, 2026
The government announced on Monday that Philippine shipowners and crewing agencies can still rotate Filipino seafarers to 'areas like the Persian Gulf. But all workers have the right to refuse to be deployed in areas where they might 'be at risk.
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April 27, 2026
Seaport Therapeutics, a drug developer in the United States, said on Monday that it aimed to?raise $912 million in its initial public offering. The Boston-based firm is looking to raise $212.4 millions by selling 11.8 million shares priced between $16 to $18 each. This month, the U.S.
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April 27, 2026
The U.S. is taking steps to protect the global economy against the oil crunch caused by the?Iran war. This includes boosting exports and easing sanctions selectively, as well as tapping into strategic reserves. Washington's reputation may suffer in some circles…
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April 27, 2026
British maritime security groups Vanguard & Ambrey reported that suspected 'pirates' boarded an unregistered general cargo ship flying the St. Kitts and Nevis flag off Somalia and were guiding it towards the Somali coast. Between 2008 and 2018…
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April 27, 2026
In its 'earnings report for the first quarter, Hanwha Ocean said that the conflict in the Middle East is causing uncertainty in the demand for commercial ships. The company stated that the Iran War has had a significant impact on the market for large 'crude carriers' (VLCCs)…
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April 27, 2026
The U.S. intervened to protect the global economy against the oil crunch caused by the Iran War by boosting exports and?selectively relaxing sanctions, as well as tapping strategic reserves. Washington's reputation may suffer in some circles…
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April 27, 2026
European traders reported on Monday that leading 'South Korean feedmaker, Nonghyup Feed Inc. (NOFI), purchased around '65,000 metric tonnes?of animal -feed corn on Friday in a private transaction without any international tender. The corn was purchased at a cost of $263.58 per ton…
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April 25, 2026
As a new week dawned, hopes of a diplomatic break in the U.S. and Israeli war against Iran faded. Talks to end the two-month conflict have come to a halt and neither Washington nor Tehran are willing or able soften their positions. The weekend…
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April 25, 2026
Iranian Foreign Minister Abbas Araqchi made clear Iran's concerns and demands regarding U.S. policy on Saturday, as Pakistan launched a renewed push to put an end to a war which has claimed thousands of lives and shook the global energy markets.
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April 24, 2026
State Department lawyer Reed Rubinstein argued in a statement released days before the deadline of May 1 for the Trump administration to obtain approval from Congress under the 1973 War Powers Act or move to end the war. Reed Rubinstein, State Department's Legal Adviser…
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April 24, 2026
Local authorities?said?on?Friday that a fire at Russia's Black Sea port of Tuapse was?extinguished. It had erupted following an Ukrainian drone attack on the 20th April. Veniamin Kodratiev said that the fire at the Tuapse maritime terminal had been 'completely extinguished' on Telegram…
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April 24, 2026
The European Union agreed to continue pushing for a global "price" on shipping's CO2 emission in U.N. discussions next week. This could lead to another clash with the United States. The International Maritime Organization (IMO) decided to delay…
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April 24, 2026
China has conducted military exercises, including live-fire drills, in waters east the Philippines' Luzon Island, the country said on Friday. This comes as Manila and Washington conduct yearly drills that include disputed areas in the South China Sea. This week, over 17,000 U.S.
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April 24, 2026
European traders claim that Tunisia's state grain agency purchased approximately 25,000 metric tons of animal feed barley in an international auction on Friday. Barley was bought from a trading house called 'Ameropa in one consignment for an estimated $265.45 per ton, including freight and cost.
