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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…

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…

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…

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…

Japan warns fishermen not to fish near flashpoint islands in fear of a China-Japan clash

Posted to Maritime Reporter on January 27, 2026

Hitoshi Nakama, 76 years old, is a frontline defender for Japan's claim to the disputed islands of the East China Sea. He regularly avoids Chinese coast guard vessels to harvest the rich waters. Since late last year, Japanese officials have discreetly asked Nakama…

Sources: Former Sinopec veteran executive will lead Singapore firm's crude trading

Posted to Maritime Reporter on January 23, 2026

Two industry sources familiar with the hiring said that a former Sinopec trading executive has joined Singapore commodities firm Sino Crown International to help build and lead its crude oil trading. Simon Chen or Chen Bo who was the president…

Sources say that Trafigura and Vitol offer Venezuelan crude oil to Indian and Chinese refiners in March for delivery.

Posted to Maritime Reporter on January 12, 2026

Sources from the trade said that Vitol, Trafigura and refiners in India or China have begun discussions about Venezuelan crude oil sales for cargoes due to arrive in March. On 'Friday, global commodities traders confirmed that they had reached agreements with the U.S.

China claims that the Philippines has distorted facts regarding an incident near a disputed atoll

Posted to Maritime Reporter on December 17, 2025

China's defense ministry accused the Philippines of?distorting?the truth about a?incident that involved?the Chinese Coast Guard and Filipino fishermen near an South China Sea Shoal. It defended Chinese action as "reasonable" and "lawful". Manila's…

Philippines denounces China’s 'dangerous and inhumane' actions towards Filipino fishermen

Posted to Maritime Reporter on December 15, 2025

Gilberto Teodoro, Philippine Defense Secretary, denounced on Tuesday what he called "dangerous" & "inhumane' actions of Chinese maritime forces towards Filipino fishermen in a disputed South China Sea Shoal last week. Manila's Coast Guard said…

Philippines: China damaged boats and injured fishermen in South China Sea

Posted to Maritime Reporter on December 13, 2025

On Saturday, the Philippine Coast Guard said that two fishing boats suffered "significant" damage and three Filipino fishermen were 'wounded' when Chinese coast -guard ships fired water cannon on a disputed South China Sea shoal. Manila's Coast Guard said that on Friday…

Taiwan claims that China has sometimes staged mock attacks against foreign navy ships in the Strait

Posted to Maritime Reporter on December 3, 2025

A senior Taiwan official revealed on Wednesday that China's military simulates foreign naval vessels being attacked in the Taiwan Strait, and Taiwan shares information with international partners who operate in these waters. China, which claims democratically-governed Taiwan as its territory…

South Korea purchased approximately 20,500 tons in rice tenders, mainly from Vietnam

Posted to Maritime Reporter on November 26, 2025

Agro-Fisheries and Food Trade Corporation, a state-owned company in South Korea, purchased approximately 20,500 metric tonnes of rice, mainly from Vietnam. The international tender sought up to 78.744 tons. It closed on November 5. 20,000 tonnes will come from Vietnam, and 500 tonnes from Thailand.

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…

China Coast Guard Ship Formation Sails through Japan's Senkaku Islands

Posted to Maritime Reporter on November 15, 2025

China Coast Guard ships passed by the Senkaku Islands Sunday as part of a "rights-enforcement patrol", according to a China Coast Guard statement. This comes at a time when tensions between Japan and Beijing are rising over the remarks made by Japan's prime minister about Taiwan.

A narrow Pacific waterway is the core of U.S. efforts to choke off China's vast naval force

Posted to Maritime Reporter on October 31, 2025

Marilyn Hubalde remembers hearing the roar of helicopters as they swooped over the Philippines' northernmost outpost, located less than 90 miles away from Taiwan. In April 2023, Filipino and American troops converged on a cluster of 10 emerald…

Analysts say that a sanctioned LNG tanker is responsible for the STS transfer off Malaysia.

Posted to Maritime Reporter on October 30, 2025

Two analytics firms report that a sanctioned LNG tanker picked up a cargo at a Russian export terminal, which was also subject to Western restrictions. The transfer appears to be the very first STS of Russian LNG sanctioned by the West, despite…

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