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Thursday, June 18, 2026

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Key events between the United States and China, Taiwan

Posted to Maritime Reporter on May 12, 2026

U.S. President Donald Trump will meet Chinese counterpart Xi Jinping this week for talks in Beijing certain to feature the issue of democratically-governed Taiwan, which China claims ?as its territory, although Taipei rejects those claims. Here are the key developments between the United States…

Malaysia searches for 14 missing after migrant boat capsizes

Posted to Maritime Reporter on May 11, 2026

Malaysia's maritime agency?launched? a search-and-rescue?operation to find 14 people who are missing after a sunk?boat carrying undocumented Indonesian migrants sank on its west coast. In a statement, maritime director Mohamad Shkri Khotob stated…

Aramco CEO: The ongoing disruption of the Strait of Hormuz could drag recovery of oil markets into 2027.

Posted to Maritime Reporter on May 11, 2026

Saudi Aramco CEO Amin Nasser warned Monday that the ongoing 'energy -supply' shock was the biggest the world had ever seen. He also said that continued disruption of Strait of Hormuz would delay normalisation of the oil market until 2027. The longer supply disruptions persist…

Fincantieri increases guidance for 2026 after exceeding target for new contracts

Posted to Maritime Reporter on May 11, 2026

Fincantieri, an Italian shipbuilder, revised upwards on Monday its '2026 guidance in terms of revenue and core profit. It also increased its net profit. This was after it signed a number of large contracts earlier this year that surpassed its full-year goal.

Fincantieri increases 2026 guidance after strong Q1 sales

Posted to Maritime Reporter on May 11, 2026

Fincantieri, an Italian shipbuilder, revised its full-year guidance on Monday for revenues and core profit. The group reported that new orders fell by just over 70% in the first quarter to 3.4 billion euro ($4.00 'billion). However, this does…

South Korea's MFG bids up to 210,000 tonnes corn, traders claim

Posted to Maritime Reporter on May 11, 2026

Major Feedmill Group in South Korea (MFG) has issued an international tender for the purchase of animal feed corn. Sellers are free to offer any quantity within this range. The deadline for submitting price offers is 12 May. First shipments for South Korea are due to arrive around September 3.

South Korea purchased 10,000 tons of rice from Vietnam at the April auction, traders claim

Posted to Maritime Reporter on May 11, 2026

Agro-Fisheries and Food Trade Corporation, a?state-owned company in South Korea. European traders reported that on Monday, the Agro-Fisheries & Food Trade?Corp. purchased an estimated '10,000 metric tonnes' of?rice from Vietnam. The international tender closed on April 28.

South Korea's NOFI purchased about 65,000 tonnes corn in a private deal on Friday.

Posted to Maritime Reporter on May 11, 2026

European traders reported on Monday that the leading South Korean feedmaker, 'Nonghyup Feed Inc.' (NOFI), purchased around 65,000 metric tonnes of?animal?corn?in a private deal on Friday. This deal is in addition to NOFI purchasing 136,000 tons animal feed corn in an international auction on Friday.

As the defence boom continues, Germany's TKMS has a record backlog of orders worth $24 billion.

Posted to Maritime Reporter on May 11, 2026

TKMS said that its order backlog had reached a new record on Monday. This is due to the continued demand for weapons in Europe to reduce military dependency on the United States. TKMS is owned by the German engineering conglomerate Thyssenkrupp…

South Korea's NOFI purchased about 60,000 tonnes of soymeal from traders

Posted to Maritime Reporter on May 11, 2026

European traders reported that the leading South Korean animal feed manufacturer, 'Nonghyup Feed Inc.' (NOFI), purchased?around 60 000 metric tons?of soymeal on Friday in a private transaction without launching an international tender. The estimated outright price was $412.15 per ton…

Taiwan claims to have driven away a Chinese research vessel

Posted to Maritime Reporter on May 11, 2026

Taiwan's Coast Guard said on Monday it had disrupted 'illegal' 'operations of a Chinese research vessel in waters close to the island, and driven it away. This is part of what Taipei views as a 'provocative' pattern of 'China's increased'maritime activities.

Data shows that two more crude oil tanks have left the Strait of Hormuz without their trackers on.

Posted to Maritime Reporter on May 10, 2026

Kpler data shows that two more tankers, both laden with crude, left the Strait of Hormuz in the last week, with their trackers turned off to avoid an 'Iranian attack. This trend is increasing to maintain Middle East oil exports. Data released…

Reports: Iran's proposal calls for the end of war and lifting sanctions

Posted to Maritime Reporter on May 10, 2026

Iran's semiofficial Tasnim news agency reported on Sunday that an?Iranian?proposal sent to the United States through?mediator Pakistan?stresses a need to end the war on all sides and lift the sanctions against Tehran. The proposal stresses the need for the United States to?lift sanctions.

Australia wins Bermuda SailGP and extends championship lead

Posted to Maritime Reporter on May 10, 2026

Bonds Flying Roos from Australia won the Bermuda SailGP on Sunday. They beat Spain's Los Gallos, and Germany by Deutsche Bank to clinch their third win of the 2026 'SailGP' season. Tom Slingsby led the?Australian Team to victory in the Great…

Aramco CEO warns that 1 billion barrels of lost oil will slow down the recovery of the oil market

Posted to Maritime Reporter on May 10, 2026

Saudi Aramco CEO stated on Sunday that the world lost 1 billion barrels of crude oil in the last two months. Even if the flow of oil resumes, it will take some time for the energy markets to stabilize, even if the flow of oil returns. Amin Nasser…

Officials say that at least 11 people in the Miami area have been injured by a 'possible boat explosion'.

Posted to Maritime Reporter on May 9, 2026

At least 11 people were injured in what was described by a Miami-Dade Fire Rescue as a "possible boat explosion" on Saturday near a popular tourist destination close to Miami Beach. * Miami-Dade?Fire Rescue was notified at 12:48?p.m. of a?possible explosive.

Australia and Spain are tied for the lead after the first day of Bermuda SailGP

Posted to Maritime Reporter on May 9, 2026

The Bermuda SailGP is the fifth round of the 2026 season. The U.S. SailGP Team finished third with 28 points. Australia and Spain tied on 32 after racing on the Great Sound in 'SailGPs fourth visit to Bermuda. Germany by Deutsche Bank is tied with Canada's NorthStar on 25. Taylor Canfield’s U.S.

Gulf clashes escalating as US and Iran are no closer to ending the war

Posted to Maritime Reporter on May 9, 2026

U.S. and Iran did not appear to be any closer to a resolution of their conflict on Saturday after both sides exchanged fire in the Gulf during a tenuous truce. A U.S. intelligence analysis found that Tehran could survive a naval blocade for several months.

Evander's FC Cincinnati hurls Charlotte into a road fight

Posted to Maritime Reporter on May 8, 2026

FC Cincinnati and Charlotte FC, two teams from the Eastern Conference, will clash on Saturday night. Cincinnati (4-4-3 and 15 points) is on a roll after beating New York Red Bulls?and Chicago. The team is currently sixth in the Eastern Conference…

Report by the CIA shows that Tehran can withstand a blockade of four months as fighting flares

Posted to Maritime Reporter on May 8, 2026

The U.S. intelligence assessment concluded that Tehran could withstand a naval blocade for four more months. According to a U.S. government official who was familiar with this analysis, first reported by The Washington Post, the CIA assessment concluded that the U.S.

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