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Tuesday, April 21, 2026

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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…

India and South Korea to push for $50 billion in trade with new agreements

Posted to Maritime Reporter on 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…

Taipei reports that a Chinese aircraft carrier has sailed across the Taiwan Strait.

Posted to Maritime Reporter on 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…

China expresses concern about US seizure Iranian cargo ship and urges further discussions

Posted to Maritime Reporter on 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…

China expresses concern about the US seizure and detention of an Iranian cargo ship

Posted to Maritime Reporter on 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,…

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.

South Korea's Lee will seek a big boost in economic relations in a summit with India's Modi

Posted to Maritime Reporter on April 19, 2026

On Monday, South Korean President Lee Jae Myung will meet with Indian Prime Minister Narendra Modi at New Delhi, to discuss a boost in economic co-operation, especially in shipbuilding. This is the first visit of a South Korean president to India in 8 years.

Australia and Japan sign contracts for $7 billion warships deal

Posted to Maritime Reporter on April 18, 2026

Japan and Australia signed contracts Saturday, launching a landmark A$10 Billion ($7 Billion) -deal to supply Australia warships. This is Tokyo's most consequential military sale since ending the?military trade ban in 2014. Marles stated that the Defence Ministers Richard Marles…

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…

Taiwan bids on 105,950 tonnes of wheat estimated to be US origin

Posted to Maritime Reporter on April 16, 2026

European traders reported on Thursday that the Taiwan Flour 'Millers Association' has issued a?international?tender for an estimated 105,950 metric tons of grade one milling wheat from the United States. The deadline to submit price offers for the tender is April 23.

Indian Potash Ltd. receives increased urea offer as Iran conflict tightens up supply

Posted to Maritime Reporter on April 15, 2026

Two company sources said that Indian Potash 'Ltd. received offers to supply 5.6 million metric -tons of urea in its latest tender, at prices significantly higher than the previous one. This is after supplies had been disrupted due to 'the U.S. - Israeli war against Iran.

Images show China blocking the entrance to a disputed South China Sea Shoal

Posted to Maritime Reporter on April 15, 2026

Satellite imagery obtained by "shows" that China has deployed ships and a barricade to tighten the control at the entrance of the Scarborough Shoal, a disputed feature in the South China Sea. This is despite the rising tensions with the Philippines.

US closes Iran's maritime commerce despite optimism about more talks

Posted to Maritime Reporter on April 15, 2026

On 'Wednesday, the United States announced that its military had stopped all trade in and out Iran by sea. President Donald Trump also said that talks with Tehran to end the war could resume this week. This sent oil prices lower for a second day. Trump said that negotiations between U.S.

South Korea is reportedly buying 20,000 tons of rice from traders

Posted to Maritime Reporter on April 14, 2026

European traders reported on Tuesday that South Korea's Agro-Fisheries and Food Trade Corp., a state-backed corporation, had issued an international tender to?purchase 20,000 metric tonnes of rice from the United States or Vietnam. The deadline to submit price offers in the tender is 28 April.

China calls the US blockade on Iranian ports 'dangerous' and 'irresponsible.'

Posted to Maritime Reporter on April 14, 2026

China's foreign ministry warned on Tuesday that the U.S. blockade against?Iranian ports?is 'dangerous and reckless,' adding that it will only escalate tensions. Guo Jiakun, spokesperson for the Foreign Ministry, said that the United States, despite a temporary truce agreed upon by the parties…

Data shows that despite the US blockade of the Strait of Hormuz, a US-sanctioned Chinese oil tanker passed through it.

Posted to Maritime Reporter on April 14, 2026

Shipping data revealed that a Chinese 'tanker' sanctioned by the United States sailed through the Strait of Hormuz on a Tuesday despite the U.S. blocking the choke point. Data from LSEG MarineTraffic, Kpler and?MarineTraffic showed that the…

North Korea tests cruise missiles and anti-ship missiles on a naval destroyer

Posted to Maritime Reporter on April 13, 2026

KCNA, the state-run media outlet, reported on Tuesday that North Korea had conducted a second test of'strategic cruise-missiles and antiwarship missiles' on 'Sunday. This was part of a slew of operational efficiencies tests of its destroyer Choe Hyon.

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.