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South Korean milling company buys around 50,000 tons US wheat, traders claim

Posted to Maritime Reporter on February 14, 2026

European traders reported on Friday that a group of 'South Korean flour mills' purchased an estimated 50,000 metric tonnes?of milling wheat?to be sourced from the United States through an international auction. All wheat was purchased free-on-board (FOB) and shipped between June 1 and June 30.

CK Hutchison threatens legal action if Maersk acquires Panama's Balboa and Cristobal terminals

Posted to Maritime Reporter on February 12, 2026

Hong ?Kong's CK Hutchison said on Thursday it has ?notified Panama of an investment-protection treaty dispute after A.P. Moller-Maersk has indicated that it is willing to temporarily take over the management of 'the Balboa and Cristobal terminals.

Dubai Port giant DP World under pressure over its chief's alleged Epstein ties

Posted to Maritime Reporter on February 12, 2026

The UK Development Finance Agency and Canada's second largest?pension funds have suspended new investments?with global port operator DP World due to alleged ties between DP World's chief executive and disgraced financier Jeffrey Epstein. This has increased pressure on the Dubai based firm.

TKMS, a submarine manufacturer, has a record backlog of orders worth $22 billion and is raising its sales forecast.

Posted to Maritime Reporter on February 11, 2026

German submarine manufacturer TKMS announced a record-breaking $22 billion backlog of orders on Wednesday. They also raised their 2026 sales forecast, citing a surge in demand for warships during a period of increasing geopolitical tensions.

As tensions with Iran simmer, the US provides new guidance to vessels passing through the Strait of Hormuz.

Posted to Maritime Reporter on February 10, 2026

As tensions grew between Washington and Tehran due to Iran's nuclear program, the United States provided new guidance for commercial vessels that transited the Strait of Hormuz. This is a major?shipping route? for Middle East oil. Iran has in the past threatened to shut down the Strait of Hormuz.

US forces board a Venezuelan-linked oil tanker without incident in the Indian Ocean

Posted to Maritime Reporter on February 10, 2026

Defense Secretary Pete Hegseth announced on Monday that U.S. forces boarded an oil tanker traveling from or to Venezuela after pursuing it in the Caribbean. Hegseth said in a post on X that "overnight, U.S. The U.S. stepped up its blockade of vessels going to or from Venezuela…

Descartes: US container imports dropped 6.8% in January but the result indicates a more normalized trade

Posted to Maritime Reporter on February 9, 2026

U.S. seaports handled 6.8% less container import volume in January than they did in the previous year, when U.S. companies rushed to import goods in order to avoid President Donald Trump's new tariffs, sending imports to a record-high for the month. Investors closely monitor U.S.

Chevron's Tengiz problems hurt Kazakhstan's CPC oil exports

Posted to Maritime Reporter on February 6, 2026

Four trading sources told us that Kazakhstan's oil exports may fall as much as 35 percent this month through its main route via Russia. This is because the Tengiz oilfield, which suffered fires in January at power plants, is slowly recovering. Tengizchevroil, a consortium led by U.S.

Germany's PNE has lost bid for Vietnam wind projects, in a new blow to foreign investors

Posted to Maritime Reporter on February 6, 2026

The Vietnamese authorities have chosen a newly-created subsidiary of real estate conglomerate Vingroup for the development of the first phase of a major offshore wind project in the country. Morgan Stanley-backed German renewable company PNE…

Panama's President says that port contracts won't be awarded to one operator

Posted to Maritime Reporter on February 6, 2026

The Panamanian president, Jose Raul Mulino, said 'on Thursday' that the concession contracts for operating?two ports operated by Hong Kong-based CK Hutchison Holdings over a period of nearly?three _decades would "never" be given to a single firm.

India's Russian Oil Imports Down 12% Between Jan/Dec Amid US-India Trade Talks

Posted to Maritime Reporter on February 4, 2026

Sources said that India's Russian imports fell in January. This continued a trend that started in December, as refiners looked for alternative barrels under the pressure of Western sanctions and the ongoing U.S. India trade talks. Donald Trump, the U.S.

US refiners struggle with sudden surge of Venezuelan oil imports

Posted to Maritime Reporter on February 4, 2026

According to traders and shipping data, oil refiners in the U.S. Gulf Coast struggle to absorb the rapid increase of Venezuelan crude since last month's $2 billion deal between Caracas & Washington. This has pushed up prices and left some volumes unsold.

US refiners struggle with sudden surge of Venezuelan oil imports

Posted to Maritime Reporter on February 4, 2026

According to traders and shipping information, oil refiners in the U.S. Gulf Coast struggle to absorb an influx of Venezuelan crude since last month's $2 billion deal, which was a "flagship" agreement between Washington and Caracas. This has pushed up prices and left some volumes unsold.

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…

The UK's naval chief has said that the investment of Russia in Northern Fleet is not diminishing.

Posted to Maritime Reporter on February 4, 2026

The British Navy's top naval commander said that despite the conflict in Ukraine lasting a few more years, Russia's investment into its Northern Fleet has not diminished. He added that Western powers were tested by Moscow's "aggressive" posture.

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 February 2, 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, which was announced by President Trump and…

After procedural issues are resolved, the US SEC fraud against Gautam Adani can move forward.

Posted to Maritime Reporter on January 31, 2026

The U.S. Securities and Exchange Commission arranged for Gautam Adani to be served with a civil lawsuit alleging fraud, allowing the regulator's case against India’s second richest person to continue. In a Friday filing in Brooklyn, New York…

Court rules that contract with Hong Kong port operator violates Panama constitution

Posted to Maritime Reporter on January 31, 2026

The Panama Supreme Court ruled that a 'contract' held by a Hong Kong-based company to operate the ports of the Panama Canal was in violation of the Panama Constitution and did not serve the public interest. The court released its decision on Friday, but did not explain the reasoning behind it.

Israeli media report that a US military destroyer docks in Israel's Eilat Port

Posted to Maritime Reporter on January 31, 2026

Ynet, a news website in Israel, reported that a U.S. 'Navy destroyer docked in the Israeli port Eilat on Friday. The military was cited. Tensions between Washington, D.C. and Iran are escalating. Ynet reported that the arrival of a destroyer…

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