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April 22, 2026
A source familiar with the matter said that the Navy Secretary, John Phelan, was fired on Wednesday. This is another shakeup in the Pentagon, just weeks after Defense Sec. Pete Hegseth removed the Army's highest ranking general. In a press release…
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April 22, 2026
Government sources say India will import 2.5 million metric tonnes of urea at a price nearly twice as high as two months ago, due to the Iran conflict disrupting global supplies. The record purchases will tighten the global supply, and drive up prices…
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April 22, 2026
European traders reported that a Tunisian'state grains' agency purchased approximately 27,000 metric tons of animal feed corn at an international auction on Wednesday. The corn was said by the seller to have cost an estimated $267.09 per ton, including freight.
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April 22, 2026
European traders reported that the lowest price offered by Tunisian's?state grains agency ONF to buy?approximately 27,000 metric tons of animal feed corn on Wednesday was $267.09 per tonne, including cost and freight. The traders said that no…
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April 22, 2026
Shipping executives at the FT 'Commodities - Global Summit on Wednesday said that Asian ship owners - who have a greater risk tolerance - may soon begin sailing through the Strait of Hormuz, despite a fragile ceasefire between the U.S. and Iran.
Posted to Maritime Reporter
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April 22, 2026
According to maritime security'sources' and United Kingdom Maritime Trade Operations (UKMTO), at least three container ships were hit by gunfire on Wednesday in the Strait?of?Hormuz. Iran has placed restrictions on the use of the Strait by ships, initially in retaliation to the U.S.
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April 22, 2026
China reported that a group, including a destroyer, returned to China on Wednesday after testing its far-sea capabilities. The Eastern Theater Command of the People's Liberation Army has reported that vessel formation 133 has completed training…
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April 22, 2026
Alexander Saverys, the CEO of Belgian shipowner CMB.Tech, said that 11 vessels powered by ammonia will be delivered between this summer and March next year, as part of their decarbonisation plans. Saverys, a reporter at the Singapore Maritime Week Conference…
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April 21, 2026
Sources in the industry said that marine?fuel suppliers are facing a shortage of high-density low-sulphur crude, also known as heavy sweet oil, to blend because of the competition between refiners. The Iran war has disrupted Middle?East imports.
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April 21, 2026
Azalea is a unit owned by Seviora Holdings, a Singapore asset manager, and indirectly owned Temasek. It plans to launch a private equity fund that will remain evergreen, depending on the market, according to its top executive. Chue En Yaw, CEO…
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April 21, 2026
Lockheed Martin was awarded a contract to integrate the Patriot, an Army missile interceptor into the U.S. Navy’s Aegis combat system. This is a significant milestone, the company announced on Tuesday, as it marks the first time that the weapon has been deployed at sea.
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April 21, 2026
The host nation Pakistan stated on Tuesday that there is still no confirmation from Iran to attend the last-ditch talks with the United States. This was after U.S. troops boarded an Iranian oil tanker in the middle of the sea, with only one day remaining before the ceasefire.
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April 21, 2026
A federal judge in Boston on Tuesday blocked the administration of President Donald Trump from enforcing policies that, according to wind and solar energy industry groups, have stymied new energy generation. Denise Casper, the chief U.S. District Judge in Boston…
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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…
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April 20, 2026
Three Libyan sources as well as the International Organization for Migration said that four migrants were rescued more than five days after the boat that was supposed to take them to Europe capsized near Libya. Thirty-one migrants are still missing.
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April 20, 2026
India and South Korea announced on Monday they will expand their economic ties through a?expansion of cooperation in energy and critical minerals as well as shipbuilding, semiconductors and steel. They aim to double their trade by 2030. New…
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April 20, 2026
Taiwan's defence ministry reported that the Chinese aircraft carrier,?the Liaoning, sailed Monday through the Taiwan Strait, marking a?first transit of this sensitive -waterway since late last year. Taiwan, which Beijing considers its territory…
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April 20, 2026
A Chinese spokesperson stated on Monday that China was concerned about the "forced interception" by the U.S. of a cargo ship flying the Iranian flag. He urged all parties to adhere to the ceasefire agreement responsibly. Guo Jiakun, a spokesman for the Chinese government…
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April 20, 2026
China expressed concern about the "forced interception" of an Iranian cargo ship by the U.S., said a spokesperson for the Chinese foreign ministry on Monday. He urged all parties to adhere to the ceasefire agreement responsibly. Guo Jiakun,…
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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.
