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Official: UK will convene further talks on Strait of Hormuz Strait next week

Posted to Maritime Reporter on April 10, 2026

A British official who was aware of the discussions said that Britain would convene the latest round of talks next week with its allies to discuss a way to open up the Strait of Hormuz for shipping without paying tolls to Iran. The official…

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.

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…

South Korea's NOFI purchased about 60,000 tonnes of soymeal from traders.

Posted to Maritime Reporter on September 25, 2025

Nonghyup Feed Inc., a leading South Korean animal feed manufacturer (NOFI), purchased around 60,000 tons of soymeal on Wednesday in a private transaction without launching an international tender. The estimated price was $338.50 per ton with cost and freight included.

Export boom boosts EU barley markets to ease glut

Posted to Maritime Reporter on February 6, 2026

The EU barley exports may reach a decade-high this season, as the EU is able to shift a large harvest due to the brisk demand for feed overseas and the reduced competition in the Black Sea Region. The surge in demand for European "feed" barley…

CK Hutchison initiates arbitration against Panama Canal Ports Contract ruling

Posted to Maritime Reporter on February 4, 2026

Hong Kong's CK Hutchison announced on Wednesday that its Panama Ports Company has begun international arbitration proceedings against Panama, after the country’s top court annulled their licences to run two Panama?Canal port. This case could take many years to resolve.

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…

Andy Home: The surge in exports from China is a sign that the global metals market is in turmoil.

Posted to Maritime Reporter on February 2, 2026

China's net copper imports last year fell to the lowest level since 2017. They totaled 3.03 million metric tonnes. Exports grew dramatically, despite a drop in inbound shipments of only 5% compared to 2024. The largest copper buyer in the world shipped almost 800,000 tonnes.

The US and Europe are falling behind in the race for control of the Arctic: Vladimirov & Petrova

Posted to Maritime Reporter on January 31, 2026

The Arctic is not a frozen peripheral, particularly after the spat between the U.S. and Europe over Greenland. The High North is becoming a strategic hub for minerals, energy and shipping as the sea ice begins to melt. The Arctic is heating up four times faster than other parts of the world…

The US and Europe are falling behind in the race for control of the Arctic: Vladimirov & Petrova

Posted to Maritime Reporter on January 29, 2026

The Arctic is not a frozen peripheral, particularly after the spat between the U.S. and Europe over Greenland. The High North is becoming a strategic hub for minerals, energy and shipping as the sea ice begins to melt. The Arctic is heating up four times faster than other parts of the world…

Hong Kong will call 10 witnesses to the stand in a case involving Baltic Sea cable damage

Posted to Maritime Reporter on January 20, 2026

After a hearing in Hong Kong on Tuesday, the lawyer of the Chinese captain alleged that ten witnesses would be called to testify against him in a criminal?damage case. The Chinese captain is accused of damaging undersea cable in Baltic Sea.

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.

Sources: Sellers cancel Yulong oil refinery deals after UK sanctions

Posted to Maritime Reporter on October 23, 2025

Multiple sources said that several suppliers had cancelled sales to Yulong Petrochemical of Middle Eastern oil and Canadian crude after the UK imposed its sanctions. This is likely to force the refiner to purchase more Russian crude. The refiner is China's latest with a daily capacity of 400…

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.

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.

The third cargo of Arctic LNG 2 from Russia is discharged and leaves China

Posted to Maritime Reporter on September 11, 2025

LSEG's and Kpler’s ship tracking data revealed that a third tanker, from Russia's Arctic LNG 2 facility, which is subject to Western sanctions, discharged and left a terminal in China Wednesday. The U.S. sanctioned LNG tanker Zarya has unloaded over 160…

Manager citing data: Arctic LNG 2 has delivered its first cargo

Posted to Maritime Reporter on September 4, 2025

A senior manager from the majority shareholder said on Thursday that Russia's Arctic LNG 2 has delivered its first LNG shipment, citing data from ship tracking. As you can see, the first vessel entered China according to data. Data from Kpler showed that China had received its first LNG cargo…
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