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South Korea and the US are aiming to create a trade package before the tariff pause in July.

Posted to Maritime Reporter on April 24, 2025

Seoul's trade delegation announced after the first round in Washington that the United States and South Korea had agreed to create a package of trade measures aimed at removing any new U.S. duties before the reciprocal tariff pause is lifted in the month of July. Scott Bessent, U.S.

South Korea and the US are aiming to reach a package deal before the tariff pause expires in July

Posted to Maritime Reporter on April 24, 2025

Seoul's trade delegation announced that the United States and South Korea had agreed to develop a package of agreements aimed at removing any new U.S. duties before the reciprocal tariff pause is lifted in July. Scott Bessent, U.S. Treasury secretary…

Bessent: U.S.-South Korea trade talks were a'very success'

Posted to Maritime Reporter on April 24, 2025

Treasury Secretary Scott Bessent described the U.S.-South Korea meeting as "very successful", after the two countries began trade negotiations with Seoul, which was seeking to reduce the tariffs that President Donald Trump wants to impose. Bessent…

Canadian Finance Minister: G7 united, but tensions still remain over tariffs

Posted to Maritime Reporter on April 24, 2025

Canada's Francois-Philippe Champagne, Canada's Minister of Finance, said that the Group of Seven Industrial Democracies continues to be united. However tensions remain amongst them over the tariffs imposed by the U.S. Champagne said at a briefing…

Canadian Finance Minister: G7 is united, but tensions still remain over tariffs

Posted to Maritime Reporter on April 24, 2025

Canada's Francois-Philippe champagne, Canada’s Finance Minister said Thursday that the Group of Seven biggest economies remain united but there are tensions between them over the tariffs imposed by the United States. Champagne said at a briefing…

China's military claims it has monitored US warships in the Taiwan Strait

Posted to Maritime Reporter on April 24, 2025

China's Military said Thursday it had sent naval and air force to monitor and warn an U.S. guided-missile destroyer which sailed along the Taiwan Strait. About once a week, the U.S. Navy transits the Strait, sometimes accompanied by ships of allied nations.

What is Crimea?

Posted to Maritime Reporter on April 24, 2025

The Crimean Peninsula, which Russia took from Ukraine in 2014., is the focal point of the most serious East-West standoff that has occurred since the Cold War. This issue led to a clash between U.S. president Donald Trump and President Volodymyr Zelenskiy on Tuesday.

South Korea targets lower tariffs during the opening round of US Trade Talks

Posted to Maritime Reporter on April 24, 2025

On Thursday, a South Korean delegation is expected to meet with U.S. counterparts for an initial round of trade negotiations. The agenda will likely include cooperation in shipbuilding, energy, and perhaps shared defence costs as Seoul seeks to lower tariffs. South Korea, facing 25% reciprocal U.S.

Singapore's Keppel reports higher first-quarter profits on infrastructure boost

Posted to Maritime Reporter on April 23, 2025

Singapore's Keppel Ltd announced on Thursday that its net profit for the first quarter, excluding legacy assets in offshore and maritime (O&M), increased by 25%. This was due to a strong performance from its infrastructure segment, and a stronger performance in asset-management.

Braun

Posted to Maritime Reporter on April 22, 2025

It's easy to miss the recent shift in the global wheat market narrative. The world's exportable wheat supply is not expected to drop to a multi-year low in 2024-25, as was predicted by recent trends. The relief may only be temporary. The upcoming harvests of wheat in Russia and Ukraine…

S.Korea prepares for tough US Trade Talks, Liberal Party issues caution

Posted to Maritime Reporter on April 21, 2025

Han Duck-soo, the acting president of South Korea, said that he expects the trade talks to begin this week with the United States in Washington. However he added that the negotiations may not be simple. Han stated that the South Korean ministers of Finance and Industry will meet U.S. Treasury Sec.

Financial Times - April 21

Posted to Maritime Reporter on April 21, 2025

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these stories. Estonia warns that lifting Russia sanctions would harm EU taxpayers. The British Finance…

Bloomberg News reports that Indian billionaire Adani will sell Australia terminal to Adani Ports

Posted to Maritime Reporter on April 17, 2025

Bloomberg News reported that Indian billionaire Gautam Adani, who is India's biggest private port operator, will transfer the ownership of a terminal in Australia to Adani Ports & Special Economic Zone for a total amount of $2.4 billion. The…

Russia claims new Estonian legislation is a threat to Baltic shipping security

Posted to Maritime Reporter on April 17, 2025

Maria Zakharova, spokeswoman for the Russian Foreign Ministry, said that Estonians' adoption of legal changes allowing their navy to use force on foreign vessels is a provocative act that puts shipping and security at risk in the Baltic Sea.

Four dead after dredging vessel capsizes off Philippines, says coast guard

Posted to Maritime Reporter on April 17, 2025

The Philippine Coast Guard reported on Thursday that four people, including one Chinese national, were killed and seven are still missing after a 25-person dredging boat capsized in a province of western Philippines two days earlier. PCG stated that the MV Hong Hai 16 had 2…

Jordanian traders claim that they will buy up to 120,00 T of feed barley.

Posted to Maritime Reporter on April 17, 2025

European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline for submitting price offers is April 23, 2019. Traders had expected…

SailGP announces the 2026 venues on five continents

Posted to Maritime Reporter on April 16, 2025

LONDON, 16 April - SailGP will be flying across five continents from Perth's sun-drenched water to Abu Dhabi's glittering final in 2026. The championship has secured a number of venues that are sure to please the crowds under multi-year host deals.

UAE denies involvement in land offensive talks in Yemen

Posted to Maritime Reporter on April 16, 2025

The United Arab Emirates denied reports in the media that they were in discussions with the U.S. about a possible offensive in Yemen by military groups against the Houthi Group, which controls most of the country. Lana Nusseibeh is the UAE's Assistant Minister for Political Affairs.

Iran's SLAL has won tenders to purchase 120,000 t each of corn and barley

Posted to Maritime Reporter on April 16, 2025

European traders reported on Wednesday that the Iranian state-owned animal food importer SLAL had issued international tenders for up to 120,000 metric tonnes of animal feed corn and barley, as well as 120,000 metric ton of soymeal. They said…

Zelenskiy: Ukraine, UK and France discuss Black Sea Security

Posted to Maritime Reporter on April 15, 2025

The Ukrainian president Volodymyr Zelenskiy announced that on Tuesday, representatives from the United Kingdom, France, and Turkey will meet in Turkey to discuss Black Sea Security. Zelenskiy, along with NATO Secretary General Mark Rutte, said…

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