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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…

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…

Mitsui OSK Lines MISC and Petronas establish joint venture for shipping liquefied CO2.

Posted to Maritime Reporter on June 17, 2025

Mitsui O.S.K., Japan's second-largest shipping company. Lines (MOL), Malaysia's Misc Bhd, and Petroliam Nasional Bhd(Petronas), have formed a joint-venture. It said Tuesday that it will operate Liquefied carbon dioxide (LCO2) carriers. MOL announced that the joint company Jules Nautica Sdn.

Rubio to Panama: China is threatening canal and changes are needed.

Posted to Maritime Reporter on February 2, 2025

A spokesperson for the State Department said that U.S. Secretary Marco Rubio informed Panamanian President Jose Raul Mulino during talks on Sunday that Donald Trump had determined that China's influence threatened the Panama Canal, and that urgent changes were required or the U.S. might act.

Yemen's Houthis complimentary team of Galaxy Leader after over a year, Al Masirah television reports

Posted to Maritime Reporter on January 22, 2025

Sea coast, Houthiowned Al Masirah TV reported on Wednesday. Palestinian militant group Hamas. Council as saying. car provider's owner Galaxy Maritime. Houthi forces at sea on Nov. of war in Gaza. agreement. criminal activities and siege of the Gaza Strip, he said.

Rio Tinto reports missing crew member from ship on route to Australia

Posted to Maritime Reporter on January 1, 2025

Rio Tinto, a miner in Australia, said that a deckfitter aboard its bulk carrier traveling from China to Western Australia had been reported missing the previous week. The Philippine Coast Guard is leading a search-and-rescue operation. Rio Tinto…

Oil tankers caught fire after collision near Singapore; crews rescued

Posted to Maritime Reporter on July 23, 2024

Authorities and a tanker operator reported that two large oil tanks caught fire after colliding on Friday near Singapore, which is the world's largest refuelling station. Two crew members were airlifted from the scene to the hospital, while others were rescued using life rafts.

Delivering companies respond to Houthi attacks in Red Sea

Posted to Maritime Reporter on July 22, 2024

European ports. Below are actions taken by some shipping business (in. The French shipping group has suspended most Red Sea trips. but is still sending out some cargoes on a case by case basis when. French navy escorts are possible, Chairman and CEO Rodolphe. Saade said on Feb. 29.

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