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A Rohingya survivor recalls the ordeal of 250 people missing in the Andaman Sea tragedy

Posted to Maritime Reporter on April 15, 2026

A Rohingya refugee has described a terrifying journey on the sea after an overcrowded boat carrying Bangladeshi and refugees capsized in Andaman Sea. Around 250 people are still missing. According to the United Nations Refugee and Migration agencies…

UN agencies report that around 250 Rohingyas are missing after a boat capsizes on the Andaman Sea.

Posted to Maritime Reporter on April 14, 2026

The United Nations' refugee and immigration?agencies announced in a joint statement that around 250 people are missing after a boat carrying Rohingya and Bangladeshi refugees capsized in the Andaman sea. UN agencies reported that the trawler…

As US-Iran negotiations begin, tankers leave the Gulf via Strait of Hormuz.

Posted to Maritime Reporter on April 11, 2026

Three supertankers sailed through the Strait of Hormuz Saturday, according to shipping data. These vessels were 'apparently' the?first vessels?to leave the Gulf after the U.S. Iran ceasefire agreement and just as the peace talks in Pakistan began.

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…

Asian airline shares drop as US-Iran conflict disrupts traveling and raises oil prices

Posted to Maritime Reporter on March 1, 2026

Airline shares fell on Monday. Hong Kong's Cathay Pacific and Australia's Qantas Airlines, as well as Singapore Airlines, Japan Airlines, and Singapore Airlines all dropped more than 5%. This was after Israel and the U.S. launched strikes against?Iran over the weekend…

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…

Ferretti's boss signals appetite for M&A amid annual core profit growth

Posted to Maritime Reporter on February 24, 2026

Italian yacht manufacturer Ferretti announced a 6.7% increase in its core profit for the full year, as well as a 47% jump in orders of made-to measure?yachts. Last year, adjusted?earnings prior to interest, taxes and depreciation (EBITDA), a measure of earnings before interest…

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…

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…

The Asian fuel market is affected by the record January fuel oil exports of Kuwait's Al-Zour refinery.

Posted to Maritime Reporter on February 2, 2026

Ship-tracking data showed that Kuwait's Al-Zour refinery increased fuel oil exports to record levels in January after recovering from an outage. Most of the cargoes were bound for Southeast Asia. Analysts and traders said that the surge in Kuwaiti supply…

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.

China conducts air and naval patrols near disputed South China Sea Shoal

Posted to Maritime Reporter on January 31, 2026

China Southern Theater Command? has confirmed that on Saturday a?naval patrol and an?air raid was conducted around the Scarborough Shoal, in the South China Sea. The shoal lies in the exclusive economic zone of the Philippines, but China claims it as its own territory.

Last year, tensions erupted and the China Coast Guard patrolled Japan's islands almost every day.

Posted to Maritime Reporter on January 31, 2026

China's coastguard patrolled Japan administered islands in the East China Sea almost daily last summer, the country said. It was to ensure its sovereignty over the remote, rocky island and deter Taiwan from taking a step toward independence.

Singapore's RoRo terminal joint venture will be formed by Japan's Mitsui O.S.K. and PSA Singapore

Posted to Maritime Reporter on January 29, 2026

Mitsui O.S.K. Lines, Japan’s second largest shipping?company said on Thursday that it had agreed with PSA Singapore to form a joint venture for the development of a RoRo terminal in Singapore. The joint venture agreement will allow 'Mitsui to…

ADNOC leases Singapore storage facility for the first time, according to sources

Posted to Maritime Reporter on January 29, 2026

Five market sources confirmed that the global trading arm (ADNOC) of Abu Dhabi National Oil Co is leasing fuel storage in Singapore for a 'first time. This is part of plans by the oil and gas company backed by the United Arab Emirates to increase trade volumes in Asia.

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