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Taiwanese coast guard: China is not ruling out a 'political war' against Taiwan

Posted to Maritime Reporter on May 19, 2025

Taiwan's Coast Guard said on Monday that China may try to disrupt the public's morale in Taiwan ahead of President Lai Ching Te's anniversary, which is this week. This was after social media images of a person placing a Chinese flag at a Taiwanese beach surfaced.

Guyana legislators pass a bill that makes companies responsible for oil spill damages

Posted to Maritime Reporter on May 17, 2025

Guyana's Parliament passed a bill on oil pollution late Friday night that makes parties responsible for damage caused by oil spills from vessels, as well as other sources. President Irfaan Ali is expected to sign the bill into law soon. The…

South Korea Minister asks for exemptions from US tariffs during Greer Meeting

Posted to Maritime Reporter on May 16, 2025

Ahn Deuk Geun, South Korea's Minister of Trade and Industry, said that he had met with U.S. trade representative Jamieson Greer on Friday and requested a waiver for Washington's tariffs. Ahn said that the South Korean delegation will visit the…

Hong Kong's CK Hutchison ensures legal compliance in port deal

Posted to Maritime Reporter on May 12, 2025

Hong Kong's CK Hutchison announced on Monday that the closely monitored port deal it has negotiated will adhere strictly to all compliance standards. In March, the Hong Kong-based conglomerate controlled by tycoon Li Kashing agreed to sell the bulk of its global ports business worth $22.8 billion…

Shipping group Maersk: US-China agreement is a positive step; shares soar

Posted to Maritime Reporter on May 12, 2025

Maersk, a Danish shipping company, said that on Monday the agreement between China & the United States on a 90-day suspension of tariffs & reciprocal duties is a positive step. At 0948 GMT, shares of Maersk were trading 12.9% higher. In an email…

Trump's new ambassador in Panama casts China as a threat to frayed alliance

Posted to Maritime Reporter on May 8, 2025

The new US ambassador in Panama, who was appointed on Thursday, pledged to further strengthen the ties between the Central American nation and the United States while highlighting China as a threat to all. "My first priority will be to enhance…

Trump announces that the US will no longer bomb Houthis following an agreement

Posted to Maritime Reporter on May 6, 2025

On Tuesday, President Donald Trump said that the U.S. would stop bombing Houthis in Yemen because the Iran-aligned groups had agreed to cease interrupting important Middle East shipping lanes. In order to stop the attacks on Red Sea shipping, the U.S.

Three people are dead and nine missing after a small boat capsizes in San Diego

Posted to Maritime Reporter on May 5, 2025

U.S. authorities said that at least three people, including two children were dead and nine others missing after a small vessel capsized on rough seas north of San Diego in what appeared to be a migrant smuggling effort. The U.S. Coast Guard…

Israeli strikes Yemen's Hodeidah following Houthi attacks on Israel

Posted to Maritime Reporter on May 5, 2025

Israel said that it conducted airstrikes on Yemen's Hodeidah Port Monday, one day after Iran-aligned Houthis launched a missile near Israel's primary airport. In a press release, the military claimed that it had attacked targets it considered terrorists in Hodeidah.

Hanwha Ocean, a South Korean shipbuilder, targets US Navy orders amid Trump's efforts to build shipbuilding relations

Posted to Maritime Reporter on May 5, 2025

Hanwha Ocean, a South Korean shipbuilder, hopes to increase its revenue from overseas naval vessels to 4 trillion won (2.91 billion dollars) by 2030. It also hopes to receive more repair orders from U.S. Navy. After President Donald Trump's executive order to restore U.S.

Chinese navy patrols South China Sea, says Philippines creating 'disturbances'

Posted to Maritime Reporter on April 29, 2025

China's Navy conducted a South China Sea patrol on Tuesday. It claimed that the Philippines was creating "disturbances", and conducting its own patrols in conjunction with other countries. China, which claims nearly the entire South China Sea…

New York Times Business News - April 28, 2019

Posted to Maritime Reporter on April 28, 2025

These are the most popular stories from the New York Times' business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. On Sunday night, a boat that was carrying dozens of passengers struck the ferry near the Memorial Causeway Bridge. The U.S.

South Korea rejects tariff agreement with US ahead of June 3 snap elections

Posted to Maritime Reporter on April 28, 2025

On Monday, a senior South Korean official said that Seoul will not agree to a package of trade deals with Washington before the June 3 presidential elections. He also noted the challenges in reaching an agreement even by early July. Seoul's…

Yemen's Houthi TV says 68 bodies were recovered after US strikes on Saada

Posted to Maritime Reporter on April 28, 2025

Al Masirah TV, a Houthi-run channel in Yemen, reported that 68 bodies had been recovered and 47 more were injured after an American strike on Saada struck a centre for African migrants. Saada, a Houthi stronghold, was also previously targeted by U.S. airstrikes.

South Korea rejects tariff agreement with US ahead of June 3 snap elections

Posted to Maritime Reporter on April 28, 2025

On Monday, a senior South Korean official ruled out the possibility of a deal being reached with the United States before the presidential elections in the Asian nation on June 3. He also noted that reaching an agreement even by early July would be difficult.

World Bank looks at energy financing options but holds firm on equality issues

Posted to Maritime Reporter on April 25, 2025

The World Bank steering committee endorsed on Friday the lender's plans for exploring options to expand access to energy, including possible financing for nuclear power. This is in line with U.S. President Donald Trump’s directives to increase energy financing.

US Congress Republicans ask for $27 billion in Golden Dome tax bill

Posted to Maritime Reporter on April 25, 2025

According to a congressional aide and a document, Republicans in the U.S. Congress are planning to introduce a sweeping 150 billion dollar defense package. This will provide an initial boost of $27 billion to President Donald Trump’s controversial Golden Dome shield missile defense system.

South Korea and the US are aiming to create a trade package before the tariff pause in July.

Posted to Maritime Reporter on April 24, 2025

Seoul's trade delegation announced after the first round in Washington that the United States and South Korea had agreed to create a package of trade measures aimed at removing any new U.S. duties before the reciprocal tariff pause is lifted in the month of July. Scott Bessent, U.S.

South Korea and the US are aiming to reach a package deal before the tariff pause expires in July

Posted to Maritime Reporter on April 24, 2025

Seoul's trade delegation announced that the United States and South Korea had agreed to develop a package of agreements aimed at removing any new U.S. duties before the reciprocal tariff pause is lifted in July. Scott Bessent, U.S. Treasury secretary…

Bessent: U.S.-South Korea trade talks were a'very success'

Posted to Maritime Reporter on April 24, 2025

Treasury Secretary Scott Bessent described the U.S.-South Korea meeting as "very successful", after the two countries began trade negotiations with Seoul, which was seeking to reduce the tariffs that President Donald Trump wants to impose. Bessent…