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Report: South Korea checks whether vessel with Korean flag struck in Hormuz.

Posted to Maritime Reporter on May 4, 2026

Yonhap News reported on Monday that South Korea was verifying information indicating a vessel flying the flag of South Korea had been attacked in Strait of Hormuz. A spokesperson from South 'Korean shipper HMM said that a fire broke out in the engine room of one its bulk carriers…

Bousso

Posted to Maritime Reporter on April 23, 2026

In the past decade, we have seen a rapid series of energy crises around the world, fueled by extreme weather, military conflict and supply chain snarls. The highly interconnected oil and natural gas markets are fragmenting and the transition to a low-carbon economy is accelerating.

Bousso: The release of historic oil reserves is a temporary bandage on the looming supply crisis.

Posted to Maritime Reporter on March 11, 2026

The International Energy Agency plan to release 400,000,000 barrels of oil reserves to the world is unprecedented and urgently needed to counter the devastating supply shock caused by the Iran War. But it will only offer limited relief so long as energy exports to the Middle East are blocked.

Shipping CEO: About 10% of the global container fleet is caught up in Hormuz backlog

Posted to Maritime Reporter on March 2, 2026

Jeremy Nixon (CEO of Ocean Network Express) said that container ships accounted for about 100 of the 750 ships backed up around 'the Strait of Hormuz after U.S. Nixon told a container shipping conference in Long Beach California that "about…

Pentagon: US forces seize a third sanctioned oil-tanker

Posted to Maritime Reporter on February 24, 2026

The Pentagon announced a?on?Tuesday that U.S. forces had captured an oil?tanker sanctioned in the Indian Ocean, after tracking it from Caribbean waters. It was the third such?interdiction. The U.S. Department of Defense announced in a post to X that its forces had boarded Bertha over night.

Bousso

Posted to Maritime Reporter on February 18, 2026

This month, China marks one year since its last import of liquefied gas from the U.S. in the midst of a heated trade war between two world's largest economies. Chinese companies have purchased U.S. LNG from American producers under long-term contracts.

Bousso

Posted to Maritime Reporter on February 4, 2026

The hard economic reality of oil will sabotage President Donald Trump's efforts to funnel U.S. crude oil and Venezuelan crude into India, as part of an overall trade agreement. Details of the deal were announced by President Trump and Indian Prime Minister Narendra Modi on Monday…

Bousso

Posted to Maritime Reporter on January 15, 2026

Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.

US container imports fall in September as Trump tariffs disrupt international trade

Posted to Maritime Reporter on October 9, 2025

Data released on Thursday revealed that U.S. containerized imports in September were down 8.4% compared to the same period last year, with a drop of 22.9% in goods imported from China. This was due to ongoing trade tensions caused by President Donald Trump's policies. U.S.

This is hysteria and could lead to energy shortages.

Posted to Maritime Reporter on October 2, 2025

The Kremlin stated on Thursday that France’s boarding of an oil tanker suspected to be part of the shadow fleet that is involved in Russian oil trading was "hysteria", which could cause problems for the global energy transport routes. Dmitry Peskov…

LNG Canada will begin cooling down its plant next week, the final step to preparing for first LNG

Posted to Maritime Reporter on March 24, 2025

On April 1, an LNG tanker will arrive in Canada to cool down the LNG Canada plant in Kitimat (British Columbia), which is considered to be the final step before production of supercooled gas begins at the plant. The delivery is scheduled for early April.

Key Takeaways From Trump-Putin Talks: Ukraine, Energy, NATO, Sanctions

Posted to Maritime Reporter on February 20, 2025

The first meeting between Russia and the United States since the beginning of the Ukraine conflict was held to restore relations and prepare the ground for a peaceful resolution. What has been discussed so far? UKRAINE WAR Donald Trump, the U.S. president, says that he wants a quick end to the war.

Sources say that Japan's JERA is in advanced discussions to purchase US shale assets worth $1.7 billion.

Posted to Maritime Reporter on September 16, 2025

People familiar with the matter say that Japan's largest power generator JERA has advanced discussions to purchase natural gas production assets located in the U.S., for approximately $1.7 billion. This is the latest example of an Asian nation investing into the American energy sector.

UN representative to Yemen says the threat of Houthi to Red Sea shipping has grown.

Posted to Maritime Reporter on July 23, 2024

Hans Grundberg, the U.N.'s Special Envoy for Yemen, told the U.N. Security Council that recent developments in the Red Sea suggest the threat of international shipping by Yemen's Houthis has grown. Grundberg, in a briefing about the situation…

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