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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.

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…

Security groups claim that suspected pirates are steering cargo vessels towards Somalia

Posted to Maritime Reporter on April 27, 2026

British maritime security groups Vanguard & Ambrey reported that suspected 'pirates' boarded an unregistered general cargo ship flying the St. Kitts and Nevis flag off Somalia and were guiding it towards the Somali coast. Between 2008 and 2018…

Hanwha Ocean: Ship demand is uncertain amid Iran War

Posted to Maritime Reporter on April 27, 2026

In its 'earnings report for the first quarter, Hanwha Ocean said that the conflict in the Middle East is causing uncertainty in the demand for commercial ships. The company stated that the Iran War has had a significant impact on the market for large 'crude carriers' (VLCCs)…

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…

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

Posted to Maritime Reporter on April 27, 2026

European traders reported on Monday that leading 'South Korean feedmaker, Nonghyup Feed Inc. (NOFI), purchased around '65,000 metric tonnes?of animal -feed corn on Friday in a private transaction without any international tender. The corn was purchased at a cost of $263.58 per ton…

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…

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