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Report: South Korea checks whether vessel with Korean flag struck in Hormuz.

Posted to Maritime Reporter on May 4, 2026

Yonhap News reported on Monday that South Korea was verifying information indicating a vessel flying the flag of South Korea had been attacked in Strait of Hormuz. A spokesperson from South 'Korean shipper HMM said that a fire broke out in the engine room of one its bulk carriers…

Nornickel claims that higher prices will offset the increased costs and delivery time from the Iran war

Posted to Maritime Reporter on April 17, 2026

Russian metals manufacturer Nornickel said the Iran war had extended delivery times by three weeks for its base metals exports and increased freight costs, but that higher metal prices offset the additional expenses. U.S.-Israeli strikes on Iran have paralyzed shipments through Strait of Hormuz…

Official: UK will convene further talks on Strait of Hormuz Strait next week

Posted to Maritime Reporter on April 10, 2026

A British official who was aware of the discussions said that Britain would convene the latest round of talks next week with its allies to discuss a way to open up the Strait of Hormuz for shipping without paying tolls to Iran. The official…

Ship tracking data shows that Iran-linked vessels are driving traffic through the Strait of Hormuz -

Posted to Maritime Reporter on April 10, 2026

According to ship tracking data, the majority of ships that sailed through the Strait of Hormuz?in?the?past?day were connected to Iran. Other vessels are putting off making voyages despite a?two week ceasefire reached this week by?Tehran? and Washington?, data and shipping sources say.

Descartes reports that US container imports fell 1% in March.

Posted to Maritime Reporter on April 9, 2026

Descartes Systems Group, a provider of supply -chain technology, said Thursday that U.S. container import volumes dropped 1.1% from the previous year in 'March. Last month, U.S. ports handled 2,353,611 TEUs (20-foot equivalent units), which is the standard measure of container volume.

CK Hutchison Panama's unit files arbitration against Maersk regarding ports takeover

Posted to Maritime Reporter on April 7, 2026

PPC of Hong 'Kong conglomerate CK Hutchison, a 'Panama' unit, has filed an arbitration 'against 'Maersk 'after taking over two strategic ports close to the Panama Canal, which are the centre of a 'legal battle' that has engulfed Beijing and Washington.

French Navy chief: China needs to be more involved in Strait of Hormuz discussions

Posted to Maritime Reporter on April 1, 2026

France's Navy Chief said that China may 'at some point' have to take a more direct role in re-establishing?traffic flows? through the Strait of Hormuz, because its number of ships is probably insufficient. "We have not seen the Chinese navy intervene to reopen this strait.

Operator says that the Greek tanker, which was hit by an unidentified object, suffered minor damage.

Posted to Maritime Reporter on March 14, 2026

The manager of Maran Tankers, said that a Greek-flagged vessel, the Maran Homer was struck by an unidentified object on 'Saturday as it waited for orders to enter Caspian Pipeline Consortium Terminal (CPC) at Novorossiysk. The vessel was struck…

Shipping CEO: About 10% of the global container fleet is caught up in Hormuz backlog

Posted to Maritime Reporter on March 2, 2026

Jeremy Nixon (CEO of Ocean Network Express) said that container ships accounted for about 100 of the 750 ships backed up around 'the Strait of Hormuz after U.S. Nixon told a container shipping conference in Long Beach California that "about…

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…

Denmark talks to Ukrainian drone manufacturer Skyfall about hosting production

Posted to Maritime Reporter on February 24, 2026

The Danish defence ministry announced on Tuesday that Ukrainian drone manufacturer 'Skyfall' is in discussions with the country about becoming the'second defence firm from the war-torn nation to set up production on Danish soil. The firm stated…

Pentagon: US forces capture third sanctioned oil-tanker in Indian Ocean

Posted to Maritime Reporter on February 24, 2026

The Pentagon announced?on Tuesday that U.S. forces had intercepted a sanctioned tanker in the Indian Ocean, after tracing it from Caribbean waters. This was the third interdiction of this kind in the region. Washington has stepped up its blockade of vessels going to or from Venezuela…

Middle East oil exports drive tanker costs up to a 6-year high amid US-Iran threat

Posted to Maritime Reporter on February 24, 2026

Industry sources claim that the cost of shipping crude oil has risen?to its highest level in six years. This is due to a surge of crude exports out of the Middle East, as traders rush to book charters before a possible conflict between the U.S.

Panama cancels CK Hutchison's contracts and gives canal ports to Maersk

Posted to Maritime Reporter on February 24, 2026

Panama published a Supreme Court decision on Monday in its official gazette canceling a number of port contracts held by a subsidiary CK 'Hutchison. This cleared the way for a Maersk APM Terminals temporary takeover. This publication is the…

Renault buys out Volvo and CMA CGM to gain full control of Flexis, an electric van company.

Posted to Maritime Reporter on February 23, 2026

Renault announced on Monday that it would buy out the stakes of truckmaker Volvo Group and shipping firm CMA CGM in Flexis, their joint venture for new-generation electric vans. The agreement is expected to take effect by the end the first half…

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…

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.

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.

CK Hutchison initiates arbitration against Panama Canal Ports Contract ruling

Posted to Maritime Reporter on February 4, 2026

Hong Kong's CK Hutchison announced on Wednesday that its Panama Ports Company has begun international arbitration proceedings against Panama, after the country’s top court annulled their licences to run two Panama?Canal port. This case could take many years to resolve.
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