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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.

One dead, six injured in Russian air strike on port in Odesa region of Ukraine, deputy PM states

Posted to Maritime Reporter on February 14, 2026

Oleksiy Kulba, Ukraine's deputy prime minister, said that a 'Russian drone' attack had killed one person and injured six others at a port in the Odesa region of Ukraine on the Black Sea. Kuleba stated that the infrastructure of a business was?damaged.

Sources say that the Volgograd oil refinery in Russia has halted processing following a drone attack.

Posted to Maritime Reporter on February 12, 2026

Two industry sources confirmed on Thursday that the Lukoil owned Volgograd refinery in Russia's southern region halted oil processing on Tuesday. This was after a fire broke out following an attack by Ukrainians. In January, peace talks led…

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.

Data shows that Russia's seaborne exports of oil products rose slightly in January m/m.

Posted to Maritime Reporter on February 12, 2026

Data from industry sources showed that Russia's seaborne petroleum products exports for January 2026 increased by 0.7%, compared to December, at 9.12 millions metric tons. This is due to a seasonal decline in domestic demand and high fuel production.

Ukraine grain deliveries in ports have lagged behind last year despite a February increase

Posted to Maritime Reporter on February 12, 2026

Ukrzaliznytsia, the state-owned railway company, said 'on Thursday that grain shipments into Ukrainian ports have remained below 'last year levels despite an increase since?February. Analysts and officials say that the Russian attacks on Ukrainian ports…

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.

The autopsy results show that the migrants who drowned in a shipwreck near Greece actually died from head injuries

Posted to Maritime Reporter on February 12, 2026

Autopsy results show that the majority of 15 Afghan migrants killed last week off the Greek island of Chios when their dinghy collided a coast guard vessel died from head injuries and not drowning. The February 3 collision, one of the deadliest migrant incidents in Greece in recent years…

Turkey has bought 255,000 metric tonnes of feed barley at a tender, traders report

Posted to Maritime Reporter on February 12, 2026

The state grain board of Turkey, TMO, has purchased?255,000 metric tons?of animal feed barley?in a?international tender?on Wednesday. The lowest estimated price was $266.20 per ton, cost and freight included. TMO's tenders include provisional…

Traders say Turkey has received offers for the 255,000 tons of barley tender.

Posted to Maritime Reporter on February 12, 2026

Initial assessments by traders indicated that the lowest price offered in the first round tender of the 'Turkey state grain board TMO for the purchase and import of 255,000 metric tons of animal feed barley was $266.20 per ton, cost and freight included.

Primorsk's diesel exports may drop by 17% this February.

Posted to Maritime Reporter on February 11, 2026

Data from traders, LSEG, and calculations on Wednesday showed that ultra-low-sulphur fuel loadings at the 'Russian port Primorsk' may fall by 17% in February compared to last month, due to a 'lower fuel production and harsh Baltic weather, which disrupts supplies.

Turkish and Greek leaders to hold talks on maritime borders, migration and border issues

Posted to Maritime Reporter on February 11, 2026

The Turkish president Tayyip Erdoan will host the Greek prime minister Kyriakos Mitsotakis for talks on Wednesday, likely focusing on'migration and long-standing maritime disputes as NATO allies try to warm up ties. Last week, 15 migrants died…

Traders say Turkey has received offers for the 255,000 tons of barley tender.

Posted to Maritime Reporter on February 11, 2026

Initial 'assessments' by traders indicated that the lowest price offered in the first round - for the tender to import 255,000 metric tonnes of animal feed barley from Turkey - was $266.20 per ton c&f. The traders said that no purchase had yet…

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.

Analyst says that iron ore exports from Ukraine in January fell by 34%.

Posted to Maritime Reporter on February 10, 2026

Analyst GMK Center reported on Tuesday that Ukraine's iron ore exports in January fell by 34.4% on a year-over-year basis to?2,05 million metric tons. GMK Center expects Ukraine's iron ores exports to drop by 5% - to 29 million tonne - this year.

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