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Trump says Iran is 'figuring its leadership out' after he rejects the latest peace proposal

Posted to Maritime Reporter on April 28, 2026

The efforts to end the Iran conflict came to a standstill on Tuesday, with U.S. president Donald?Trump unsatisfied with the latest offer from Tehran. He said that Tehran had told the U.S. they were in a state of collapse and trying figure out their leadership situation.

Giles Scott, a Briton, is a key player in the America's Cup.

Posted to Maritime Reporter on April 28, 2026

Giles Scott, a British sailing expert, was named the new sailing director of American Racing Challenger Team USA on Tuesday. The team is ramping up its preparations for next year's America's Cup, which will be held in Italy. Scott, who has won two Olympic golds in the Finn class…

Paris wheat prices fall on stronger Euro, Saudi tender disappointed

Posted to Maritime Reporter on April 27, 2026

The price of European wheat futures fell in Paris on Monday, as a strong euro weighed down on exports. Traders also expected that a large Saudi Arabian purchase of wheat would be sourced from the region around the Black Sea. Fresh signs that…

Data shows that shipping traffic through Hormuz is still low, despite the absence of any US-Iran agreement.

Posted to Maritime Reporter on April 27, 2026

Shipping data revealed a lull in activity over the last few days. However, the talks between Iran and the United States are still stalled. According to data from Kpler, and a separate satellite analysis by 'data analytics specialists SynMax'…

Seaport Therapeutics, a drug developer, aims to raise $912 million in its US IPO

Posted to Maritime Reporter on April 27, 2026

Seaport Therapeutics, a drug developer in the United States, said on Monday that it aimed to?raise $912 million in its initial public offering. The Boston-based firm is looking to raise $212.4 millions by selling 11.8 million shares priced between $16 to $18 each. This month, the U.S.

Bousso: The war between Iran and the US has handed OPEC's top producer to America.

Posted to Maritime Reporter on April 27, 2026

The U.S. is taking steps to protect the global economy against the oil crunch caused by the?Iran war. This includes boosting exports and easing sanctions selectively, as well as tapping into strategic reserves. Washington's reputation may suffer in some circles…

Bousso: The war between Iran and the US has handed OPEC's top producer to America.

Posted to Maritime Reporter on April 27, 2026

The U.S. intervened to protect the global economy against the oil crunch caused by the Iran War by boosting exports and?selectively relaxing sanctions, as well as tapping strategic reserves. Washington's reputation may suffer in some circles…

Peace hopes between the US and Iran fade after Trump cancels talks

Posted to Maritime Reporter on April 25, 2026

As a new week dawned, hopes of a diplomatic break in the U.S. and Israeli war against Iran faded. Talks to end the two-month conflict have come to a halt and neither Washington nor Tehran are willing or able soften their positions. The weekend…

Iran refuses to accept US demands that are'maximalists' as Pakistan seeks peace

Posted to Maritime Reporter on April 25, 2026

Iranian Foreign Minister Abbas Araqchi made clear Iran's concerns and demands regarding U.S. policy on Saturday, as Pakistan launched a renewed push to put an end to a war which has claimed thousands of lives and shook the global energy markets.

US legal advisor says Iran war justified because of Tehran's "aggression" over decades

Posted to Maritime Reporter on April 24, 2026

State Department lawyer Reed Rubinstein argued in a statement released days before the deadline of May 1 for the Trump administration to obtain approval from Congress under the 1973 War Powers Act or move to end the war. Reed Rubinstein, State Department's Legal Adviser…

China conducts live-fire drills near Luzon while the US and Philippines stage wargames

Posted to Maritime Reporter on April 24, 2026

China has conducted military exercises, including live-fire drills, in waters east the Philippines' Luzon Island, the country said on Friday. This comes as Manila and Washington conduct yearly drills that include disputed areas in the South China Sea. This week, over 17,000 U.S.

Sources confirm that the tanker HELGA has arrived at Basra's terminal to load crude oil, the second such arrival since Hormuz was closed.

Posted to Maritime Reporter on April 24, 2026

Two port sources confirmed that the oil tanker, HELGA, was sailing under the flag of Comoros and had arrived at one of the offshore oil loading facilities in Basra, Iraq's southern Basra Port on Friday. The vessel was about to load a total?2,000,000 barrels.

Israel and Lebanon extend ceasefire while Trump seeks the 'best deal with Iran'

Posted to Maritime Reporter on April 24, 2026

Israel and Lebanon extended their three-week ceasefire at a White House meeting that was mediated by President Donald Trump. Trump said he would wait for the "best deal" to resolve his conflict with Iran. The fighting between Israel and Iranian…

Cuba is able to enjoy some relief in the short term as Russian oil starts to flow

Posted to Maritime Reporter on April 23, 2026

Cubans began this week to reap the benefits of a recent 100,000-metric-ton delivery of Russian crude oil. This is a temporary lifeline to the 'energy starved nation' and it was the first large shipment of oil to arrive on the island since early this year when the United States cut off the fuel.

After waiver, a foreign-flagged oil tanker transports US crude from Texas to Pennsylvania

Posted to Maritime Reporter on April 23, 2026

A tanker with a foreign flag delivered crude oil from Texas to an American refinery. A?temporary waiver granted by President Donald Trump on Thursday allowed a refinery to operate?on Friday?in order to combat price hikes and supply disruptions caused by the Iran War.

US buyers purchased wheat from Poland during the past week, traders report

Posted to Maritime Reporter on April 23, 2026

European traders reported on Thursday that buyers in the United States purchased milling wheat from Poland during recent weeks because they were looking for cheaper supplies due to high U.S. prices. The volume involved was estimated differently.

Italy is ready to deploy 2 minesweepers on the Hormuz Strait according to navy chief

Posted to Maritime Reporter on April 23, 2026

The chief of the navy's staff said that Italy was ready to send up to four vessels, including minesweepers as part of an international effort to clear the Strait of Hormuz. Last week, European leaders met in Paris to discuss a multi-national effort to protect shipping along the Strait of Hormuz.

The Streaking Cubs take the offensive to victory in the final against the sinking Phillies

Posted to Maritime Reporter on April 23, 2026

The Chicago Cubs, who are looking to sweep the Philadelphia Phillies in four games, will have the chance on Thursday afternoon to extend their winning streak?to nine. If that is the case, then the Cubs would have their longest run since winning 11 games in a row between July 31 and August 12, 2016.

Bousso

Posted to Maritime Reporter on April 23, 2026

In the past decade, we have seen a rapid succession global energy crises, fueled by conflict, extreme weather and supply chain snarls. The highly fragmented oil and gas market of today is becoming more interconnected, and as the transition to a low-carbon economy accelerates…

Taiwan purchases approximately 105,950 tonnes of US wheat, traders claim

Posted to Maritime Reporter on April 23, 2026

In a Thursday tender, the Taiwan Flour 'Millers Association' purchased an estimated 105.950 metric tons of milling wheat from the United States. Two consignments were shipped from the U.S. Pacific Northwest Coast. The traders reported that a…

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