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Thursday, June 18, 2026

Maritime Blogs

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

Posted to Maritime Reporter on May 21, 2026

Oil industry showed remarkable resilience when faced with the biggest?energy shock in modern times, pulling many levers to soften the blow from the Iran War. The global market could be months away from breaking point if there is no breakthrough in peace talks.

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.

Fleet teammates among PWHL Defenders of the Year finalists

Posted to Maritime Reporter on May 20, 2026

On Wednesday, Megan Keller of the Boston Fleet, Haley 'Winn from the Vancouver Goldeneyes and Sophie 'Jaques from the Vancouver Goldeneyes were all named as finalists in the prestigious 2026 PWHL Defender?of the year honors. The award goes to…

Gulf bourses track Asia lower as US-Iran uncertainties weigh

Posted to Maritime Reporter on May 20, 2026

The majority of Gulf stock markets declined in the early trading on Wednesday, following weaker Asian equity markets, as rising global bond yields and high oil prices fuelled inflation fears, while investors remained cautious about a U.S. Iran pact. Investors bet that the U.S.

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)…

Algeria purchases wheat for shipment to two ports, traders claim

Posted to Maritime Reporter on May 19, 2026

Traders in Europe said that Algeria's state grain agency OAIC was believed to have purchased milling wheat a Tuesday international tender which only sought a?limited shipment? to two ports. Initial, the volume purchased was unclear. The requirement…

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…

The disposal of enemy ammunition in Iran's Qeshm Island has caused explosions to be heard.

Posted to Maritime Reporter on May 19, 2026

According to a local official, a semi-official Iranian news agency, Tasnim, reported that explosions were heard in Iran's Qeshm Island?on Tuesday? due?to the neutralization of enemy ammunition. The?country’s Mehr news agency?reported earlier…

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…

Maldives Government says it has recovered the bodies of two Italians who died in a scuba diving accident.

Posted to Maritime Reporter on May 19, 2026

A Maldives government spokesperson said that the 'bodies' of two Italian divers who died in a scuba-diving accident have been recovered. Meanwhile, efforts are continuing to recover the remains of another two Italian divers. The five divers entered a deepwater cavern last week.

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.

The bodies of four missing Italian divers have been found in the Maldives

Posted to Maritime Reporter on May 18, 2026

The bodies of four Italian scuba divers who were'missing' after an accident in underwater caverns have been found by a specialized team, Maldives officials said and DAN Europe divers network announced on Monday. DAN Europe stated that the Finnish…

Source in Pakistan: Revised Iranian proposal will end the war with US

Posted to Maritime Reporter on May 18, 2026

Pakistan has communicated with the U.S. A Pakistani source revealed a revised Iranian proposal?to end conflict in the Middle East on Monday as the 'peace talks' appeared to be stalled. The source replied, "We don’t have much more time" when asked how long it would take to close the gap…

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.

US importers purchased wheat from Poland during the past week, traders claim

Posted to Maritime Reporter on May 18, 2026

In the past few weeks, buyers from the United States purchased milling wheat in Poland at high prices. Wheat prices are driving demand for cheaper supplies, traders in Europe said on Monday. The U.S. has previously purchased Polish wheat from the new 2026 crop, as reported in April.

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…

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