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.
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 as governments in major consumer nations make increasingly opaque deals to secure supplies with Gulf and Tehran producers.
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…
Posted to Maritime Reporter
on
April 28, 2026
United Arab Emirates' decision not to join OPEC will drastically reduce the producer group's 65-year influence on the oil market. This could lead to a price war once Gulf producers rush to regain their market share after the Iran War is over.
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.
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…
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.
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…
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.
Posted to Maritime Reporter
on
February 24, 2026
Panama published a Supreme Court decision on Monday in its official gazette canceling a number of port contracts held by a subsidiary CK 'Hutchison. This cleared the way for a Maersk APM Terminals temporary takeover. This publication is the…
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.
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…
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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.
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…
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.
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…
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…
Posted to Maritime Reporter
on
January 27, 2026
The European Union has agreed to develop a massive offshore wind network. This is a major step forward in the region’s efforts to reduce its dependency on U.S. gas imports while also tackling rising costs for renewable energy. On Monday, at the North Sea Summit…
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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.
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.