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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…

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…

Sources say that Prefchem Malaysia has reduced its refinery production after closing the gasoline unit.

Posted to Maritime Reporter on February 24, 2026

Sources familiar with the matter say that Pengerang Refining Company in Malaysia (Prefchem), has reduced 'output' at its refinery after it closed one of two units for repairs - until April. They added that this has resulted in a decrease in exports of refined goods for the month.

China describes the Panama court's ruling on CK Hutchison Port contracts as'shameful and pathetic'

Posted to Maritime Reporter on February 4, 2026

China has called the Panama court's decision to annul CK Hutchison’s contracts to operate a pair of Panama Canal ports as "absurd, shameful and pathetic" and vowed that it would defend Chinese interests. Panama's Supreme Court annulled last…

Malaysia seizes crude oil worth $129.9 Million from tankers suspected to be illegally transferring oil

Posted to Maritime Reporter on February 2, 2026

The Malaysian Maritime Enforcement Agency announced on Saturday that two tankers suspected of illegal'ship-to ship oil transfers' were detained last week and that more than 512 million ringgit (US$129.9m) of crude oil was seized. This occurred 24 nautical miles west from Muka Head in Penang.

Malaysia seizes crude oil worth $129.9 Million from tankers suspected to be illegally transferring oil

Posted to Maritime Reporter on February 1, 2026

The Malaysian Maritime Enforcement Agency announced on Saturday that two tankers suspected of illegal transfers of oil between ships were detained, and a total of?more than 512,000,000 ringgit ($129.9M) worth of 'crude oil was seized last week 24 nautical miles west of Muka Head in Penang.

Citgo purchases first Venezuelan oil from Trafigura since 2019, sources claim

Posted to Maritime Reporter on January 29, 2026

Citgo Petroleum, a U.S. refiner, has purchased Venezuelan crude oil for its first purchase since 2019. This was when Citgo severed its ties with Petroleos de Venezuela (its parent company), two sources said on Wednesday. The 830,000-barrel-per-day refiner…

Citgo purchases first Venezuelan oil from Trafigura since 2019, sources claim

Posted to Maritime Reporter on January 29, 2026

Two sources with knowledge of the matter confirmed on Wednesday that Citgo Petroleum, a U.S. refiner, has bought Venezuelan crude for the first since 2019. That was when it severed its ties with Petroleos de Venezuela - the state-run oil company.

Shipping data shows that a tanker carrying Venezuelan heavy crude oil is heading to Louisiana.

Posted to Maritime Reporter on January 25, 2026

A crude tanker chartered Trafigura?departed from Venezuela's Jose Port?to Louisiana Offshore Oil Port?documents and LSEG data showed. This was the first cargo to go directly to the U.S. under a 50 million barrel supply agreement agreed between Caracas this month and Washington.

Traders say that a group in Thailand purchased feed wheat at a tender of 240,000 tons.

Posted to Maritime Reporter on December 4, 2025

The European traders reported on Thursday that a group of animal feed importers from Thailand purchased animal feed wheat with optional origins during a Wednesday-closed tender. Although the exact volume was not known, traders believed that the purchase was near the 240…

French Navy intercepts Russian tanker in Mediterranean

Posted to Maritime Reporter on January 22, 2026

The French Navy?on Thursday intercepted in the Mediterranean a Russian oil tanker suspected of being part of 'the shadow fleet' that allows Russia to export its oil despite sanctions. This?operation was conducted... with support from several of our allies.

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…

Sources say that Trafigura and Vitol offer Venezuelan crude oil to Indian and Chinese refiners in March for delivery.

Posted to Maritime Reporter on January 12, 2026

Sources from the trade said that Vitol, Trafigura and refiners in India or China have begun discussions about Venezuelan crude oil sales for cargoes due to arrive in March. On 'Friday, global commodities traders confirmed that they had reached agreements with the U.S.

In its turnaround plan, Eramet is focusing on manganese and lithium growth

Posted to Maritime Reporter on December 4, 2025

Eramet, the French mining company, said that it aims to increase its manganese and lithium deliveries from Gabon, as well as from Argentina, in order to improve its finances which has been affected by declining profits and increasing debt. Early December…

Malaysia announces that the search for missing flight MH370 will resume in this month.

Posted to Maritime Reporter on December 2, 2025

Malaysia's Transport Ministry announced on Wednesday that the search for missing Malaysia Airlines Flight MH370 would resume on December 30. This comes more than a year after the flight, bound for Beijing, disappeared in what is considered one of aviation's biggest mysteries.

South Korea purchased approximately 20,500 tons in rice tenders, mainly from Vietnam

Posted to Maritime Reporter on November 26, 2025

Agro-Fisheries and Food Trade Corporation, a state-owned company in South Korea, purchased approximately 20,500 metric tonnes of rice, mainly from Vietnam. The international tender sought up to 78.744 tons. It closed on November 5. 20,000 tonnes will come from Vietnam, and 500 tonnes from Thailand.

India ships first jet fuel cargo to US West Coast, traders say

Posted to Maritime Reporter on November 17, 2025

According to shipping and trade data, India exported its first ever jet fuel cargo for energy giant Chevron to the U.S. West Coast, taking advantage of a rare opportunity to fill shortages in Los Angeles. Since October, U.S. West Coast Jet Fuel…

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