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Sources say that Venezuela has authorized the departure of two supertankers loaded with oil, but not sanctioned by Venezuela.

Posted to Maritime Reporter on December 18, 2025

According to two sources familiarized with Venezuela's oil-export operations, Venezuela approved on Thursday the departure of two very large crude carriers (VLCC). This would be just the second and third supertankers since last week, when a ship carrying Venezuelan oil was seized by U.S.

The traders claim that the rebranded Iranian crude is responsible for the surge in Chinese imports.

Posted to Maritime Reporter on November 21, 2025

China imports unusually large amounts of crude oil, traders claim. This is to hide shipments of Iranian crude that are being transshipped off the coast of Malaysia. Market participants claim that traders have been using the tactic to sell Iranian crude as Malaysian oil for years…

The traders claim that the rebranded Iranian crude is responsible for the surge in Chinese imports.

Posted to Maritime Reporter on November 21, 2025

China imports unusually large amounts of crude oil, traders claim. This is to hide shipments of Iranian crude that are sanctioned and trans-shipped off the coast of Malaysia. Market participants claim that traders have been using the tactic to sell Iranian crude as Malaysian oil for years…

India ships first jet fuel cargo to US West Coast, traders say

Posted to Maritime Reporter on November 17, 2025

According to shipping and trade data, India exported its first ever jet fuel cargo for energy giant Chevron to the U.S. West Coast, taking advantage of a rare opportunity to fill shortages in Los Angeles. Since October, U.S. West Coast Jet Fuel…

Ocean activist dodges Japanese arrest, vows to fight deep-sea mining and krill industries at COP30

Posted to Maritime Reporter on November 13, 2025

At the COP30 conference in Brazil, a Canadian activist against whaling who had avoided arrest in Japan for over a decade vowed to continue his fight for marine protection – focusing on deep-sea mines and Norway's krill industries. Paul Watson, a U.N.

China refiner Yanchang Petroleum rejects Russian oil at latest tender, traders claim

Posted to Maritime Reporter on November 11, 2025

Two traders who are familiar with the matter confirmed on Tuesday that Yanchang Petroleum, a refiner backed by the Chinese provincial government and delivering crude oil between December to mid-February is not using Russian oil. Yanchang in Shaanxi province…

China and Malaysia to hold joint military exercise in October

Posted to Maritime Reporter on October 8, 2025

The Chinese Ministry of Defence and a media outlet affiliated with it announced that China and Malaysia would hold a joint exercise in Malaysia and the surrounding waters this month. The exercise will focus on disaster relief measures and fighting piracy.

Source: Cathay Petroleum and Brazil's Prio in a marketing agreement

Posted to Maritime Reporter on September 26, 2025

A trading executive who has direct knowledge of this deal confirmed that the Asian trading firm Cathay Petroleum had agreed to an annual marketing deal for Brazilian crude oil throughout the Asia-Pacific region on behalf of independent producer Prio.

US sanctions against Yemeni Houthis increase

Posted to Maritime Reporter on September 12, 2025

The United States announced a new round of sanctions on Yemen's Houthis, claiming that it was the largest action Washington has taken against the Iran-aligned organization. The U.S. Treasury Department announced that it would issue sanctions against 32 people and entities…

US sanctions against Yemeni Houthis increase

Posted to Maritime Reporter on September 11, 2025

Thursday, the United States announced a new round of sanctions against Yemen's Houthis. The Trump administration claimed that this was the largest action Washington has taken to date in response to the Iran-aligned organization. In a press release, the U.S.

India's ACME and Japan's IHI Corp form a joint venture for a green ammonia project

Posted to Maritime Reporter on September 10, 2025

The Indian ACME Group and Japan's IHI Corp will form a joint venture to develop one of India's largest green-ammonia projects, located in the state of Odisha in the east. The companies have not disclosed the exact details of their investment.

Topix, the Japanese stock index, hits a record high. The yen and bonds drop after PM Ishiba's departure

Posted to Maritime Reporter on September 8, 2025

Japan's Topix stock gauge hit a new record high on Monday, as the yen fell and bonds with longer maturities fell after Prime Minister Shigeru Shiba's resignation fuelled speculation that his successor would increase government spending. The Topix index jumped by as much as 1,3% to a record 3,146.58.

Topix reaches record high in Japan, while yen drops as Ishiba steps down

Posted to Maritime Reporter on September 7, 2025

Japan's Topix stock gauge hit a new record high on Monday, while the yen fell and bonds remained firm after Prime Minister Shigeru Shiba resigned. This fueled speculation that his successor would increase government spending. The Topix index jumped by as much as 1,2% to a record 3,142.

Singapore's Temasek has undergone many changes in the last two decades

Posted to Maritime Reporter on August 28, 2025

Singapore's Temasek, the state-owned investment company in Singapore, announced a major restructuring of its operations on Thursday. This is one of the biggest structural changes it has seen in its 51 year history. STRUCTURAL CHANGES In 2011…

HD Hyundai Heavy, a South Korean shipbuilder, merges with HD Hyundai Mipo

Posted to Maritime Reporter on August 27, 2025

HD Hyundai Heavy Industries of South Korea, the largest shipbuilder in the world, announced on Wednesday its intention to merge with HD Hyundai Mipo, as it aims for a larger share of the U.S. market. The company stated that it hopes to lead U.S.

Panama Ports will discuss port sale with Panama Government

Posted to Maritime Reporter on August 1, 2025

Panama Ports Company said that on Friday it would communicate with the Panama Government at the appropriate time regarding the sale of two important ports it operates near to the Panama Canal. Hong Kong's CK Hutchison owns 90% of PPC. The company…

KFA Incheon, a South Korean company, bought corn worth up to 67,000 t in a private deal.

Posted to Maritime Reporter on July 23, 2025

Incheon, the South Korean section of Korea Feed Association (KFA), purchased up to 67,000 tons of animal feed grain to be sourced in optional origins on Wednesday in a deal that was done privately without announcing an international tender.

South Korea's KFA purchased up to 62,000 t corn in a private deal, traders claim

Posted to Maritime Reporter on July 23, 2025

According to European traders, the Korea Feed Association in South Korea bought up to 62,000 tons of animal feed grain from around the world in a private transaction on Tuesday. There was no international tender. The KFA Busan section is believed…

South Korea's MFG purchases up to 140,000 T of corn, traders claim

Posted to Maritime Reporter on July 23, 2025

European traders reported that the Major Feedmill Group of South Korea (MFG) purchased up to 140.000 metric tons animal feed corn at an international auction on Wednesday. The two consignments, each weighing between 65,000 and 70,000 tonnes, were purchased from the trading house CHS.

South Korea's MFG purchases around 140,000 T of corn, traders claim

Posted to Maritime Reporter on July 23, 2025

European traders reported that the Major Feedmill Group of South Korea (MFG) purchased approximately 140,000 metric tonnes of animal feed corn at an international auction on Wednesday. Initial confusion arose over the exact volume purchased. The two consignments were both purchased from CHS.