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Sunday, May 24, 2026

Maritime Blogs East Asia

Taiwan and China Coast Guards in Standoff at Top of South China Sea

Posted to Maritime Reporter on May 24, 2026

Taiwan's Coast Guard reported on Sunday that the?Taiwanese coast guard and Chinese coastguard were in a tense standoff near the strategically positioned Pratas Islands at the top South?China Sea. China claims Taiwan, democratically governed, as its territory.

Taiwan and China Coast Guards in Standoff at Top of South China Sea

Posted to Maritime Reporter on May 24, 2026

Taiwan's?Coast Guard reported on?Sunday that the Taiwanese coast guard and Chinese coastguard were involved in a tense?standoff? for the second consecutive day near the strategically situated?Pratas Islands at the top South China Sea. China…

Special Report: Inside the unraveling U.S. Diplomacy under Trump

Posted to Maritime Reporter on May 21, 2026

A European diplomat in Washington demanded an answer from the U.S. government when Donald Trump said on April 7 to Iran that "a civilization will die tonight." The diplomat was concerned about the possibility of the president using a nuclear weapon.

Former Red Bull boss Horner works with Oakley, a private equity investor.

Posted to Maritime Reporter on May 21, 2026

Oakley Capital, a private equity firm, announced on Thursday that Christian Horner, former Red Bull Formula One boss and advisor to the company's board of directors is now advising it on premium sports investments. Horner, 52 was fired by Red…

South Korea's FLC offers to purchase up to 69,000 tonnes of corn, traders claim

Posted to Maritime Reporter on May 21, 2026

Three European traders reported on Thursday that the Feed Leaders Committee of South Korea (FLC) has issued an international?tender for a purchase of up to 69,000 tons animal feed corn. The deadline to submit price?offers for the tender is Thursday, May 21.

Bousso: The clock on the oil market is ticking, as a supply crunch looms.

Posted to Maritime Reporter on May 21, 2026

Oil industry resilience has been remarkable in the face the biggest energy supply shock of modern history. They have pulled multiple levers in order to cushion the impact of the Iran War. The global market may be months away from breaking point if peace talks fail to produce a breakthrough.

If they spoke, Taiwan President would tell Trump China is undermining stability

Posted to Maritime Reporter on May 20, 2026

Taiwan's President Lai Ching Te said that if he had the chance to speak with U.S. -President Donald Trump, he would tell him that China was undermining the peace and causing tensions within the region. Since 1979, when Washington transferred diplomatic recognition from Taipei to Beijing…

Data shows that Chinese tankers have exited the Strait of Hormuz carrying 4 million barrels of crude.

Posted to Maritime Reporter on May 19, 2026

Two Chinese supertankers with 4?million barrels Middle East crude oil left the Strait of Hormuz on Wednesday, after spending more than two month in the Gulf. Shipping data from LSEG and Kpler revealed this. Data showed that a Chinese-flagged Very Large Crude Carrier (VLCC)…

South Korea's MFG purchases about 63,000 tonnes corn, traders claim

Posted to Maritime Reporter on May 19, 2026

European traders reported that the 'Major Feedmill Group' (MFG) of South Korea purchased 63,000 metric tonnes of animal feed corn in a 'private deal? on Tuesday. This deal is in addition to a previous purchase of 67,000 tons feed corn by the MFG and Cargill Agri Purina…

South Korea's NOFI purchases about 68,000 tonnes of corn in tender, traders claim

Posted to Maritime Reporter on May 19, 2026

European traders said that the leading South Korean animal feed manufacturer, 'Nonghyup Feed Inc.' (NOFI), bought an estimated 68,000 metric tons of animal feed corn on Tuesday in an international bid seeking up to 138,000 tons. The corn was…

Taiwan's defence minister is 'cautiously positive' about US weapons sales

Posted to Maritime Reporter on May 19, 2026

Taiwan Defence Minister Wellington Koo said on Tuesday that he is "cautiously confident" about the upcoming 'arms sales to Taiwan from the U.S. President Donald Trump said he had not decided yet whether he would 'go ahead with new sales. Trump's last-week meeting with China's Xi Jinping…

South Korea's NOFI bids for 65,000 feed wheat and 138,000 tons of corn

Posted to Maritime Reporter on May 19, 2026

European traders reported that Nonghyup Feed Inc., a South Korean feedmaker, has announced an international tender for the purchase of?upto 138,000 metric tonnes of animal feed corn and 65,000 tons feed wheat. The deadline for submitting price offers is Tuesday, May 19th.

Bousso: The petrodollar is put to the test by opaque oil deals around Hormuz

Posted to Maritime Reporter on May 18, 2026

The U.S.-dominated global oil trade system is under pressure from the Iran War and the closing of the Strait of Hormuz. Governments in major consumers nations are turning to opaque deals with Gulf producers and Tehran to secure their?supplies.

Russian drones strike two ships, including a Chinese cargo vessel near Ukraine's Black Sea

Posted to Maritime Reporter on May 18, 2026

Ukrainian authorities reported that Russian drones attacked two ships approaching ports in Ukraine's Odesa region in the Black Sea on Monday, including a Chinese cargo vessel. This was after a night-long Russian attack on the area. The Ukraine's…

South Korean buyers purchased up to 130,000 tonnes of feed wheat last week according to traders

Posted to Maritime Reporter on May 18, 2026

Last week, the?Feed Leaders Committee? (FLC?) and Major Feedmill?Group? (MFG?) bought up to 130,000 metric tonnes of?animal?feed wheat? in private?deals? without issuing a tender?, European traders reported on Monday. Both bought a consignment between 55…

South Korean buyers bought up to 130,000 tonnes of feed wheat last week according to traders

Posted to Maritime Reporter on May 18, 2026

Last week, the?Feed Leaders Committee of South Korea (FLC) and?Major Feedmill Group purchased up to 130,000 metric?tons?of?animal?feed wheat without holding an international tender. Both?purchased consignments of between 55,000 and 65,000 tons, with the volume to be declared before June 15.

South Korea's MFG and partner CAPI tender up to 70,000 tonnes corn, traders claim

Posted to Maritime Reporter on May 18, 2026

South 'Korea Major Feedmill Group and its partner company Cargill Agri Purina have announced an international tender for the purchase of up to 70,000 metric tons of animal feed corn. Corn is only wanted from South America and South Africa in one shipment of between 55…

Bousso: The petrodollar is put to the test by opaque oil deals around Hormuz

Posted to Maritime Reporter on May 18, 2026

The U.S.-dominated global oil trade system is under pressure from the Iran War and the closing of the Strait of Hormuz as governments in major consumer nations make increasingly opaque deals to secure supplies with Gulf and Tehran producers.

South Korea's MFG purchases about 68,000 tonnes of corn, traders claim

Posted to Maritime Reporter on May 15, 2026

The 'Major Feedmill Group' (MFG) of South Korea purchased 68,000 metric tonnes of animal -feed corn in a private deal on Friday. The estimated cost of the?ton was $272.99 plus $1.50 per ton for additional port unloading. The 'purchased' item was said to be a?trader?house Mitsui…

Sources say that the low Chinese refining margins are affecting the premiums on Russian ESPO blend oil.

Posted to Maritime Reporter on May 15, 2026

Four trading sources said that spot premiums for Russian's Far East ESPO blend crude oil to be delivered to?China in June and July, have lowered due to the weak Chinese refining margins as well as slow demand. Sources said that the decline in…

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