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Monday, April 13, 2026

Maritime Blogs East Asia

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.

China backs talks, urges restraint on US blockade of Strait of Hormuz

Posted to Maritime Reporter on April 13, 2026

China called for calm and restraint on Monday after the U.S. Donald Trump has threatened to blockade 'the Strait of Hormuz' after the failure of the weekend talks in Islamabad that were meant to end the Iran War. Prior to the war, China was the world's largest crude importer.

Safe-haven dollar gains when US-Iran talks fail, US will blockade Iran port

Posted to Maritime Reporter on April 13, 2026

The dollar, a safe-haven currency, firmed up on Monday after peace talks broke down between the U.S.A. and Iran and the American Navy prepared to?blockade Iranian ports. Meanwhile the Hungarian forint rose after the centre-right Tisza Party defeated Viktor Orban by a large margin.

What will a US Naval Blockade of Iran Mean for Oil Flows?

Posted to Maritime Reporter on April 13, 2026

U.S. Military said that it will block shipping traffic in and out Iran's port starting at 10 am. The U.S. military announced that it would block shipping?traffic in and out of Iran's ports starting at 10 a.m. ET (1400 GMT). This move will?prevent…

Dollar gains in FOREX as peace talks fail, US blockade Hormuz

Posted to Maritime Reporter on April 13, 2026

As peace talks between the U.S., and Iran fell apart and the American Navy prepared to blockade Iranian ports, the safe-haven greenback advanced. However, the dollar lost some of its gains as the trading session progressed. Both currencies have recovered from their previous lows.

Dollar gains in FOREX as peace talks fail, US blockade Hormuz

Posted to Maritime Reporter on April 12, 2026

As the peace talks between Iran and the U.S.?broke up and the U.S. The Navy was preparing a?blockade of?Iranian port. The euro fell by 0.3% to $1.1684, and the British pound dropped 0.5% to ÂŁ1.3398. The Australian dollar, which is a risky currency, was down 0.6% at $0.7030.

The FOREX Dollar strengthens when peace talks fail and the US begins its blockade against Iran's ports

Posted to Maritime Reporter on April 12, 2026

In early Asian trade on Monday, the dollar gained strength against most of its peers in a broad rally. Peace talks between the U.S. Navy and Iran had broken down. The U.S. Dollar Index, which measures the strength of the greenback against a basket?of six currencies, rose as much as 0.5% to 99.187.

As US-Iran negotiations begin, tankers leave the Gulf via Strait of Hormuz.

Posted to Maritime Reporter on April 11, 2026

Three supertankers sailed through the Strait of Hormuz Saturday, according to shipping data. These vessels were 'apparently' the?first vessels?to leave the Gulf after the U.S. Iran ceasefire agreement and just as the peace talks in Pakistan began.

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.

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