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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.

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…

The Malacca Strait is the world's biggest 'chokepoint.'

Posted to Maritime Reporter on April 23, 2026

After the closure of the Strait of Hormuz, policymakers in Asia have been forced to consider the safety of other chokepoints on the sea, such as the Strait of Malacca. This is the busiest waterway in the world for international trade. What is the Malacca Strait?

As US-Iran negotiations begin, tankers leave the Gulf via Strait of Hormuz.

Posted to Maritime Reporter on April 11, 2026

Three supertankers sailed through the Strait of Hormuz Saturday, according to shipping data. These vessels were 'apparently' the?first vessels?to leave the Gulf after the U.S. Iran ceasefire agreement and just as the peace talks in Pakistan began.

Heavy sweet oil is being chased by refiners and marine fuel blenders amid the Iran war disruptions

Posted to Maritime Reporter on April 21, 2026

Sources in the industry said that marine?fuel suppliers are facing a shortage of high-density low-sulphur crude, also known as heavy sweet oil, to blend because of the competition between refiners. The Iran war has disrupted Middle?East imports.

The cost of Asia's fossil-fuel dependence is revealed by the Iran war

Posted to Maritime Reporter on April 16, 2026

The second energy crisis in four years has roiled global markets. Pakistan's and Bangladesh's experiences highlight the costs to emerging market nations of relying on imported fuels, and the need for cleaner power sources. In 2022, after the…

Analysts say that Iran could go as long as two months without exporting oil before reducing production.

Posted to Maritime Reporter on April 15, 2026

Analysts said that Iran could withstand a total halt of oil exports for up to two months before it is forced to cut?production. This comes after the U.S. began blocking shipments into and out of its ports on April 13th. The blockade may prevent…

After ceasefire, Glencore and Taiwan refiners book tankers to fill Middle East oil

Posted to Maritime Reporter on April 9, 2026

?Commodities traders Glencore and Taiwan’s state refiner CPC chartered a vessel each to load Middle Eastern oil for Asia.?Vessels in the Gulf prepare?to leave via the Strait of Hormuz a day...after the 'ceasefire' in the U.S.Iran war. The two…

Glencore charters supertanker for Middle East oil loading, sources say

Posted to Maritime Reporter on April 8, 2026

According to LSEG and a shipping source, Glencore, a commodities trading firm, has chartered a Supertanker 'to load Middle Eastern crude oil for Asia. This is likely the first 'oil tanker destined for this route since the ceasefire of the U.S.Iran war.

CORRECTED - Southeast Asian refineries reduce output due to tightened crude supplies

Posted to Maritime Reporter on March 10, 2026

Sources say that a growing number of refineries in Southeast Asia, who are dependent on Middle East oil for their production, have reduced output due to the U.S./Israeli war against Iran. Sources say that the conflict has halted all shipments across the Strait of Hormuz.

Sources say that Asia is struggling to find fuel oil, as Middle East exports are plummeting.

Posted to Maritime Reporter on March 6, 2026

Fuel oil traders in Asia struggle to find alternative supplies as the Iran War curtails shipments through the Strait of Hormuz from Middle Eastern suppliers. This has prompted them to look for cargoes in the West. In the coming weeks, a'shortage' of Middle Eastern fuel oil will dent supply…

Asian airline shares drop as US-Iran conflict disrupts traveling and raises oil prices

Posted to Maritime Reporter on March 1, 2026

Airline shares fell on Monday. Hong Kong's Cathay Pacific and Australia's Qantas Airlines, as well as Singapore Airlines, Japan Airlines, and Singapore Airlines all dropped more than 5%. This was after Israel and the U.S. launched strikes against?Iran over the weekend…

First time in 2020, the cost of oil tankers between Asia and the Middle East exceeds $200 per day

Posted to Maritime Reporter on February 26, 2026

LSEG data revealed that the cost of hiring a'very large crude carrier' to transport a?2,000,000 barrels a day from the?Middle East into?China on Thursday exceeded $200,000 a daily for the first since 2020. On the Worldscale industry measurement used to calculate freight rates…

The Asian fuel market is affected by the record January fuel oil exports of Kuwait's Al-Zour refinery.

Posted to Maritime Reporter on February 2, 2026

Ship-tracking data showed that Kuwait's Al-Zour refinery increased fuel oil exports to record levels in January after recovering from an outage. Most of the cargoes were bound for Southeast Asia. Analysts and traders said that the surge in Kuwaiti supply…

ADNOC leases Singapore storage facility for the first time, according to sources

Posted to Maritime Reporter on January 29, 2026

Five market sources confirmed that the global trading arm (ADNOC) of Abu Dhabi National Oil Co is leasing fuel storage in Singapore for a 'first time. This is part of plans by the oil and gas company backed by the United Arab Emirates to increase trade volumes in Asia.

Indonesia auctions off oil tankers and cargo with Iranian flag

Posted to Maritime Reporter on January 21, 2026

The Indonesian Attorney General's Office announced on Wednesday that it would auction an 'Iranian flagged supertanker' later this month. It was seized by Indonesian authorities in 2023, on suspicion of illegally transshipping crude oil. The MT Arman 114…

The traders claim that the rebranded Iranian crude is responsible for the surge in Chinese imports.

Posted to Maritime Reporter on November 21, 2025

China imports unusually large amounts of crude oil, traders claim. This is to hide shipments of Iranian crude that are being transshipped off the coast of Malaysia. Market participants claim that traders have been using the tactic to sell Iranian crude as Malaysian oil for years…

The traders claim that the rebranded Iranian crude is responsible for the surge in Chinese imports.

Posted to Maritime Reporter on November 21, 2025

China imports unusually large amounts of crude oil, traders claim. This is to hide shipments of Iranian crude that are sanctioned and trans-shipped off the coast of Malaysia. Market participants claim that traders have been using the tactic to sell Iranian crude as Malaysian oil for years…

Singapore's Seatrium sells Texas shipyard to Turkey’s Karpowership at $51 million

Posted to Maritime Reporter on September 23, 2025

Seatrium Limited, a Singapore-based company, announced on Tuesday that it had reached an agreement to sell the "surplus" AmFELS Yard Shipbuilding Facility in Texas to Karpowership. The price is $50.67million. AmFELS Yard in Brownsville builds…

Sources say that Prefchem Malaysia sells more fuel as its refining unit is still closed.

Posted to Maritime Reporter on September 12, 2025

Market sources report that Malaysia's Pengerang Refining Company, or Prefchem, has sold more fuel oil with low sulphur straight runs (LSSRs) in a Friday-closed tender, due to the fact that a refinery that processes this fuel remained closed.
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