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June 25, 2025
Donald Trump stated on Wednesday that the U.S. had not ceased its maximum pressure against Iran, including restrictions on the sale of Iranian oil. However, he indicated a possible easing in enforcement for the benefit of the country's rebuilding.
Posted to Maritime Reporter
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June 25, 2025
Bangladesh approved the purchase 50,000 metric tonnes of wheat as part of an import tender that sought the same volume and closed on June 22. The Finance Ministry announced this on Wednesday. Cereal Crops Trading House, a trading company, bought the wheat at $275.00 a ton.
Posted to Maritime Reporter
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June 25, 2025
European traders reported that the Major Feedmill Group (or MFG) of South Korea purchased approximately 266,000 metric tonnes of animal feed corn at an international auction on Wednesday. Four consignments were purchased for South Korea's arrival in September and October.
Posted to Maritime Reporter
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June 25, 2025
China and India, the two largest thermal coal importers in the world, are cutting back on Indonesian shipments in favor of more energy-dense grades imported from other countries. This is because a fall in global coal prices has made high-quality coals more competitive.
Posted to Maritime Reporter
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June 24, 2025
Donald Trump stated on Tuesday that China could continue to buy oil from Iran, after the U.S. attacked the OPEC members nuclear facilities. He also hoped China would purchase "plenty" from the United States. "China can continue to buy Oil from Iran." "Hopefully…
Posted to Maritime Reporter
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June 23, 2025
Insurance sources reported on Monday that war risk insurance rates for shipments into the Middle East Gulf region have increased to 0.5%, up from 0.2-0.3% one week earlier. This is due to U.S. strikes on Iran's nucleus facilities and the growing dangers to the Strait of Hormuz.
Posted to Maritime Reporter
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June 23, 2025
Marine Traffic's ship tracking data revealed on Monday that three empty oil and chemicals tankers had diverted from the Strait of Hormuz, and changed their course. This was amid increasing uncertainty about whether Iran would retaliate in the crucial waterway following U.S.
Posted to Maritime Reporter
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June 23, 2025
Data provided by Italian authorities shows that Italy has frozen Russian assets worth around 2.3 billion euro ($2.64 billion), with the latest seizures taking place at the beginning this month. Italy has seized bank accounts, yachts, luxury…
Posted to Maritime Reporter
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June 22, 2025
Iran's Supreme National Security Council will make the final decision about whether the Strait of Hormuz is closed following U.S. airstrikes, Press TV reported on Sunday. The move was reportedly supported by the Iranian parliament. Iran has used the threat to close the Strait of Hormuz…
Posted to Maritime Reporter
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June 21, 2025
The Russian Embassy in Mexico announced on Saturday that it was ready to share its energy technologies and supply Mexico with liquefied gas. "We already work with Mexico." "We have excellent LNG technology, and we're ready to share this technology and supply LNG too…
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June 20, 2025
Maersk, a container shipping company, announced on Friday that it temporarily suspended vessel calls to Israel's Haifa Port due to regional tensions. The Danish company stated that it had not experienced any other disruptions in its planned operations in the area.
Posted to Maritime Reporter
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June 20, 2025
Trade and shipping data revealed that Russia increased its seaborne fuel oil exports and vacuum gasoil to India and Turkey during May, as the falling oil prices attracted buyers and the hot summer season demanded more fuel. The oil price fell…
Posted to Maritime Reporter
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June 19, 2025
China's military condemned on Friday the sailing of a British ship through the Taiwan Strait, saying that it was a deliberate effort to "cause troubles", and undermined the peace and stability in this region. The Royal Navy of Britain said that…
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June 19, 2025
The company announced on Thursday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has stopped its trading activities due to UK sanctions. Western powers have imposed sanction on Russia's traders and fleet, accusing them…
Posted to Maritime Reporter
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June 19, 2025
European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price offers is Friday, June 25. Traders had expected a new announcement after Jordan failed to purchase 120…
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June 18, 2025
Shell CEO Wael Sawan stated on Thursday that the oil and natural gas giant was "very cautious" about its shipping through Middle East due to the escalating conflict in the Middle East between Israel and Iran. Thursday, the Iran-Israel air conflict entered its seventh day.
Posted to Maritime Reporter
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June 18, 2025
Air India Chairman N. Chandrasekaran stated on Wednesday that the Boeing Dreamliner that crashed last week with 242 passengers on board had a clean history of engines. Chandrasekaran told Indian broadcaster Times Now that Air India Flight 171's left engine had last been serviced in 2023…
Posted to Maritime Reporter
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June 18, 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 optional origins. The deadline to submit price offers for the tender is 24 June. The traders had anticipated an announcement following Jordan's purchase of 60…
Posted to Maritime Reporter
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June 17, 2025
China and Central Asian nations are willing to improve road, rail, and air connectivity. They will also look to increase direct flights from and to China, as they agree to enhance their exchanges. China said it would simplify visa procedures for the five Central Asian nations…
Posted to Maritime Reporter
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June 17, 2025
Taiwan has completed its maiden sea test for its first submarine developed domestically on Tuesday. This is a major milestone in a project that aims to strengthen deterrence and protect vital sea routes in case of war. Taiwan, which China claims…
