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Media report that a vessel carrying grain stolen from Ukraine by Russia will not unload in Israel

Posted to Maritime Reporter on April 30, 2026

Israeli media reported on Thursday that a vessel carrying grain that Ukraine claims was stolen by Russia will not unload its cargo in Israel. Kyiv had asked Israel to seize the cargo. The Jerusalem Post, among other outlets, cited a Grain Importers…

US asks for international assistance to reopen Strait of Hormuz amid a surge in crude oil prices

Posted to Maritime Reporter on April 30, 2026

According to a cable from the State Department, the U.S. is pushing other countries to create an international coalition in order to restore freedom of movement in Strait of Hormuz. This comes as oil prices have risen to their highest level…

FT reports that Ferretti's chief executive criticizes Weichai, the largest shareholder in Italy as a proxy battle looms.

Posted to Maritime Reporter on April 30, 2026

The Financial Times reported that the chief executive of Italian luxury yacht maker Ferretti said it was held back by "a lack of industrial vision" as well as aversion towards risk among its large Chinese shareholders. CEO?Alberto Galassi made…

Nine migrants are missing and presumed dead, according to Libyan officials

Posted to Maritime Reporter on April 29, 2026

Libyan Red Crescent and Libyan Security?Sources reported on Wednesday that at least 17 migrants were killed and nine are missing after their boat drifted in the 'Mediterranean Sea for eight days. In a press release, the Red Crescent stated that…

The Australian Foreign Minister says China has agreed on cooperation in jet fuel exports

Posted to Maritime Reporter on April 29, 2026

Penny Wong, Australia's foreign?Minister, said that the Chinese government had agreed to cooperate with Australian companies on jet fuel shipments. She suggested China could relax?curbs? on exports due to supply disruptions caused by the Iran war.

Ukraine asks Israel for seizure of vessel carrying grain it claims is stolen by Russia

Posted to Maritime Reporter on April 29, 2026

Ukraine's top prosecutor said that Israel should seize the vessel which was carrying grain it claims to have stolen from Russian-occupied areas, on Wednesday. The shipment had sparked diplomatic tensions between the two countries. On Tuesday, Israel and Ukraine traded accusations.

Fincantieri Italy and KAYO will work together to strengthen Albania's Navy

Posted to Maritime Reporter on April 29, 2026

Fincantieri, an Italian shipbuilder, and Albanian KAYO have formed a joint-venture to build and maintain vessels for Albania. The country is seeking to modernize its military infrastructure and deepen its NATO connections. According to a joint statement from the government and the company…

Cherbourg will host Nations Cup after a seven-year absence

Posted to Maritime Reporter on April 29, 2026

After a seven-year hiatus, the World Sailing Nations Cup is set to return to international waters in 2027. The France's Cherbourg Yacht Club has been selected to host this prestigious match racing competition between September 6-11. The event will include up to 10 teams…

Barclays expects UAE to increase oil production after it leaves OPEC

Posted to Maritime Reporter on April 29, 2026

Barclays said late Tuesday that the United Arab Emirates' decision not to join OPEC would result in a faster growth of oil -supply from the country, as it 'comes out?of?the current crisis. Barclays said late Tuesday that the United Arab Emirates…

Taiwan's MFIG purchases about 65,000 tonnes corn from US traders, say

Posted to Maritime Reporter on April 29, 2026

Taiwan's MFIG buying group purchased about 65,000 metric tons of animal feeding corn that was expected to be sourced from the u.s. European traders reported that on Wednesday they participated in an international?tender. They said that the yellow…

Sources say China has approved higher fuel exports in May, though they are down on a year earlier.

Posted to Maritime Reporter on April 29, 2026

Two?trading?sources said on?Wednesday that China had approved a?increase?in refined fuel?exports for May, to areas?other than Hong Kong. However, levels remain below the average of last year. Sources with direct knowledge of the situation said…

Taiwan Minister visits second island in South China Sea

Posted to Maritime Reporter on April 28, 2026

She said that the Taiwanese Coast Guard Minister visited a second islet controlled by Taiwan deep in the South China Sea. She added that Vietnam's complaints about her visit?wouldn't cause any tensions in the region. Taiwan and China claim sovereignty over a majority of the South China Sea.

Bousso

Posted to Maritime Reporter on April 28, 2026

The United Arab Emirates decision to leave OPEC is likely to have a dramatic impact on the producer group, which has been around for 65 years. It will also open the door to a price war when Gulf producers rush to regain their market share after the Iran conflict ends.

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.

Bousso

Posted to Maritime Reporter on April 28, 2026

United Arab Emirates' decision not to join OPEC will drastically reduce the producer group's 65-year influence on the oil market. This could lead to a price war once Gulf producers rush to regain their market share after the Iran War is over.

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…

The Italian parliament supports the donation of an aircraft carrier to Indonesia

Posted to Maritime Reporter on April 28, 2026

The Italian parliament voted on Tuesday to support a government proposal to donate an old?aircraft-carrier to Indonesia. This would strengthen relations with an ally and avoid the cost of dismantling an outdated asset. Garibaldi, a 54 million euro (63 million dollar) vessel…

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'…

Philippines does not ban Filipino seafarers from war-hit areas

Posted to Maritime Reporter on April 27, 2026

The government announced on Monday that Philippine shipowners and crewing agencies can still rotate Filipino seafarers to 'areas like the Persian Gulf. But all workers have the right to refuse to be deployed in areas where they might 'be at risk.

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