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Friday, April 10, 2026

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Official: UK will convene further talks on Strait of Hormuz Strait next week

Posted to Maritime Reporter on April 10, 2026

A British official who was aware of the discussions said that Britain would convene the latest round of talks next week with its allies to discuss a way to open up the Strait of Hormuz for shipping without paying tolls to Iran. The official…

Ship tracking data shows that Iran-linked vessels are driving traffic through the Strait of Hormuz -

Posted to Maritime Reporter on April 10, 2026

According to ship tracking data, the majority of ships that sailed through the Strait of Hormuz?in?the?past?day were connected to Iran. Other vessels are putting off making voyages despite a?two week ceasefire reached this week by?Tehran? and Washington?, data and shipping sources say.

China will not allow Taiwan to be independent, Xi says to island's leader

Posted to Maritime Reporter on April 10, 2026

Xi Jinping, the president of China, told the leader of the 'island,' that China would "absolutely" not tolerate independence for Taiwan. Taiwan is the 'chief offender in undermining the peace in the strait. Cheng Li-wun is the chairwoman of Taiwan’s largest opposition party Kuomintang…

Quantum Pacific, an investor in Atletico Madrid, has purchased SailGP's Los Gallos.

Posted to Maritime Reporter on April 9, 2026

Quantum Pacific has acquired Spain's Los Gallos sailing team, led by Olympic champions Diego Botin & Florian Trittel. This was announced on Thursday. SailGP did not reveal?financial information?of this deal. The sailing league stated that it…

South Korean mills purchased about 90,000 tonnes of wheat from the US Wednesday, traders claim

Posted to Maritime Reporter on April 9, 2026

European traders reported on Thursday that South Korean flour mills purchased an estimated 90,000.?metric tons?of milling wheat?to be sourced from the United States in a?international?tender held on Wednesday. The purchase was higher than the earlier estimate of 50,000 tonnes.

Cargill Agri Purina, a South Korean company, has bought 68,000 tonnes of corn at a tender from traders.

Posted to Maritime Reporter on April 9, 2026

Cargill Agri Purina, a South Korean company, purchased 68,000 metric tonnes of animal feed corn in an international tender that sought up to 140,000 metric tons on Thursday. The estimated cost and freight was $272.72 per ton, plus $1.50 for each additional port unloading.

Descartes reports that US container imports fell 1% in March.

Posted to Maritime Reporter on April 9, 2026

Descartes Systems Group, a provider of supply -chain technology, said Thursday that U.S. container import volumes dropped 1.1% from the previous year in 'March. Last month, U.S. ports handled 2,353,611 TEUs (20-foot equivalent units), which is the standard measure of container volume.

After ceasefire, Glencore and Taiwan refiners book tankers to fill Middle East oil

Posted to Maritime Reporter on April 9, 2026

?Commodities traders Glencore and Taiwan’s state refiner CPC chartered a vessel each to load Middle Eastern oil for Asia.?Vessels in the Gulf prepare?to leave via the Strait of Hormuz a day...after the 'ceasefire' in the U.S.Iran war. The two…

South Korea's NOFI purchased about 68,000 tonnes corn in a private deal on Tuesday, traders claim.

Posted to Maritime Reporter on April 9, 2026

The leading South Korean feedmaker Nonghyup Feed Inc.?purchased 68,000 metric tonnes?of animal feed corn?in a private deal on Wednesday evening without an international bid being issued, European traders reported on Thursday. The corn was reportedly purchased by NH Feed…

South Korea's NOFI purchased about 60,000 tonnes of feed wheat in a private deal

Posted to Maritime Reporter on April 9, 2026

European traders reported on Thursday that the leading South Korean animal feed group, 'Nonghyup Feed Inc.' (NOFI), purchased around 60,000 metric tonnes of?animal?feed wheat as part of a private transaction late on Wednesday night without holding an international tender.

Ferretti Board rejects KKCG Maritime's partial tender offer of 3.90 euros

Posted to Maritime Reporter on April 8, 2026

KKCG Maritime 'on Thursday rejected Ferretti’s opposition to 'its 3.90 euro a share partial tender offer', stating that directors nominated 'by 'controlling shareholder Ferretti 'International 'Holdings' (FIH), a 'unit' of 'China's Weichai Group','shaped' the recommendation.

South Korean milling groups buys around 50,000 tons of wheat from the US traders claim

Posted to Maritime Reporter on April 8, 2026

European traders reported that a group of 'South Korean flour mills' bought 'an estimated 50,000 metric tons of milling wheat from the United States at an international auction on Wednesday. The purchase included?several wheat types? and all were purchased on a FOB basis.

South Korea's MFG purchases another 68,000 tonnes corn in a private deal, traders claim

Posted to Maritime Reporter on April 8, 2026

The South Korean Major Feedmill Group (MFG), without issuing a tender internationally, purchased?68,000 tons of animal feed corn in a second?private?deal on?Wednesday. The MFG had already purchased 65,000 tons in a private deal earlier on Wednesday.

South Korea's MFG purchased 65,000 tons of corn in a private deal, traders claim

Posted to Maritime Reporter on April 8, 2026

Major Feedmill Group, a South Korean company, purchased 65,000 metric tonnes of animal feed corn in a private deal without announcing an international tender on Wednesday. The corn was purchased at an estimated cost of $258.21 per ton, plus freight (c&f)…

South Korea's FLC purchases about 67,000 tonnes of corn, traders claim

Posted to Maritime Reporter on April 8, 2026

The Feed Leaders Committee of South Korea (FLC) bought?about 67,000 tons of animal feed?from a variety of?worldwide?originations?in a Wednesday international tender, traders in Europe reported. A consignment of a cargo was purchased from the…

South Korea's KFA purchases approximately 66,000 tons of corn, traders claim

Posted to Maritime Reporter on April 8, 2026

European traders reported that the Korea 'Feed Association' (KFA) purchased a?estimated 66, 000 metric tons of animal?feed corn on Wednesday in an international auction. The KFA's Incheon section purchased it in one shipment for arrival in South Korea on or around July 20.

CK Hutchison Panama's unit files arbitration against Maersk regarding ports takeover

Posted to Maritime Reporter on April 7, 2026

PPC of Hong 'Kong conglomerate CK Hutchison, a 'Panama' unit, has filed an arbitration 'against 'Maersk 'after taking over two strategic ports close to the Panama Canal, which are the centre of a 'legal battle' that has engulfed Beijing and Washington.

South Korea bids to purchase 65,394 tonnes of rice, traders claim

Posted to Maritime Reporter on April 7, 2026

South Korea's Agro-Fisheries and Food Trade Corporation, a state-owned corporation. European traders reported on Monday that the?international tender?was issued to purchase approximately 65,394 tons of rice. The deadline to submit price offers for the tender is April 21.

China's payment firms rush to yuan denominated Hormuz Toll Report

Posted to Maritime Reporter on April 3, 2026

The shares of some Chinese companies that deal with cross-border payments increased?on Friday after the?commerce ministry announced?that ships were using the Chinese Yuan to pay for tolls as they passed through the Strait of Hormuz. * CNPC Capital Co. ended 7.9% higher Friday.

French Navy chief: China needs to be more involved in Strait of Hormuz discussions

Posted to Maritime Reporter on April 1, 2026

France's Navy Chief said that China may 'at some point' have to take a more direct role in re-establishing?traffic flows? through the Strait of Hormuz, because its number of ships is probably insufficient. "We have not seen the Chinese navy intervene to reopen this strait.

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