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Source: India seizes 3 Iranian-linked US sanctioned tankers

Posted to Maritime Reporter on February 16, 2026

Sources confirmed that India had seized three U.S. sanctioned 'oil tankers' linked to Iran this month, and increased surveillance in its maritime zone in order to stop illicit trade. This confirms a post made by Indian authorities on X earlier in February, which was deleted.

India steps up surveillance after seizing Iranian-linked US sanctioned tankers

Posted to Maritime Reporter on February 16, 2026

India has taken three U.S. sanctioned tanker ships linked to Iran this month, and increased surveillance in its maritime zone to stop illicit trade. A source with first-hand knowledge of the issue said that on Monday. The source said that India…

North Korea's New Congress will reset its arms goals after noticing gaps in the 2021 plan

Posted to Maritime Reporter on February 16, 2026

North Korea will unveil new weapons development goals this month at its Ninth Party Congress, amid assessments that Pyongyang only checked off part of the sweeping list that Kim Jong Un aimed for at his 2021 Congress. Analysts say that while nuclear weapons and missiles remain central to Kim's plan…

Trump Administration releases Maritime Action Plan aimed to revive US shipbuilding

Posted to Maritime Reporter on February 14, 2026

The Trump administration released on Friday a plan to rebuild U.S. shipbuilding and other maritime business, which will be paid for in part by port fees collected on cargo brought to the United States aboard ships manufactured in China. The…

US removes updated list of companies allegedly assisting China's military

Posted to Maritime Reporter on February 14, 2026

After posting a list on Friday, the 'United States' removed it shortly thereafter. The updated list included some of China's biggest tech companies including Baidu and Alibaba. The document was posted for an hour and removed China's two largest memory chip manufacturers…

UK Development Investment Agency to Resume Joint Investments with DP World

Posted to Maritime Reporter on February 14, 2026

British International Investment, the UK's development investment agency, welcomed DP World’s new chief executive on?Friday and said it would resume investments with the Dubai-based port operator. BII earlier this week halted all new investments…

Dubai's DP World names a new Chairman and CEO following pressure on Epstein

Posted to Maritime Reporter on February 14, 2026

Dubai Media Office reported that DP World, the port giant in Dubai, announced Friday the 'appointment' of Essa?Kazim?as a?chairman?of its board?and Yuvraj narayan?as group chief executive?officer?. This was after mounting pressure had been placed…

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.