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US Navy aircraft transit the Taiwan Strait before Trump's planned China trip

Posted to Maritime Reporter on March 11, 2026

The U.S. Navy 'P-8A Poseidon' aircraft flew over the strait of Taiwan in international airspace, a move that the U.S. Washington and Beijing are looking to improve their ties, which have been damaged by issues such as Taiwan, trade disputes, and technology restrictions.

Taiwan bids on estimated 105.020 tons of wheat from the US

Posted to Maritime Reporter on March 11, 2026

European traders reported on Wednesday that the Taiwan Flour 'Millers Association' has issued a?international?tender for the purchase of?an estimated?105,020?metric tons?of grade 1 milling?wheat to be sourced in the United States. The deadline to submit price offers for the tender is March 19.

CORRECTED - Southeast Asian refineries reduce output due to tightened crude supplies

Posted to Maritime Reporter on March 10, 2026

Sources say that a growing number of refineries in Southeast Asia, who are dependent on Middle East oil for their production, have reduced output due to the U.S./Israeli war against Iran. Sources say that the conflict has halted all shipments across the Strait of Hormuz.

Taiwan's natural gas imports from the US will increase in June

Posted to Maritime Reporter on March 9, 2026

Taiwan's government announced?on? Tuesday that natural gas imports from the United States would increase?from June?as they?have signed?new supply contracts. They also said that they were working to resolve the disruptions caused by the Middle East war.

Sources say that Shell-CNOOC China's joint venture will close its steam cracker because of disruption in feedstock.

Posted to Maritime Reporter on March 6, 2026

Shell's petrochemical complex in south China, a joint venture with China's CNOOC plans to shut down a steam breaker "soon". It has also informed domestic customers that it is unable to provide certain products. CNOOC & Shell 'Petrochemicals Company Ltd…

As Asian buyers search for cargo, more LNG tankers are diverted.

Posted to Maritime Reporter on March 6, 2026

As buyers scramble to find replacement cargoes, more tankers are diverting their shipments towards Asia. The Middle East conflict has halted?tanker?traffic through the Strait of?Hormuz. It also disrupted the supplies of Qatar, which is the world's?second largest?seller of fuel.

French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on March 6, 2026

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. BANIJAY GROUP N.V. Dutch content production and distribution company Banijay Group announced a full-year revenue totaling 4.88…

North Korea's Kim visits naval destroyer, oversees missile test

Posted to Maritime Reporter on March 5, 2026

North Korean leader Kim 'Jong Un claimed that the navy would have a "powerful offensive capability", as he visited a 5,000 ton destroyer and watched a missile launch, according to KCNA. Kim pledged to continue modernising the Navy fleet in order…

Sources say that China has asked refiners to stop fuel exports due to the conflict in the Middle East.

Posted to Maritime Reporter on March 5, 2026

China has asked firms to stop signing new contracts for the export of refined fuel and to cancel any shipments that have already been made, due to the escalating conflict in the Middle East. People said that the call did not cover jet fuel for international flights or bunkering in bonded containers…

Data shows that Venezuelan oil exports dropped 6.5% in February due to the loss of Chinese markets.

Posted to Maritime Reporter on March 3, 2026

Venezuelan oil exports 'fell 6.5% from a month ago to'some 737,000 barges per day' as more shipments into the 'United States' and 'Europe' 'couldn't fully offset the 'loss' of what used to be OPEC's main market - China', according to documents and vessel monitoring data from the state company PDVSA.

Iraq cuts oil production, and more will follow if the disruptions in Hormuz continue, Iraqi oil officials claim

Posted to Maritime Reporter on March 3, 2026

Iraq has reduced oil production by almost 1.5 million barrels per day. These cuts could increase to over 3 million bpd in a few days, as the country is running out of storage space and can't export crude oil due to the Iran Crisis. Iraqi officials…

China's WeRide stops its robotaxi fleet from operating in Dubai, as the conflict with Iran intensifies

Posted to Maritime Reporter on March 3, 2026

WeRide, a Chinese autonomous driving company, has suspended 'its robotaxi fleet' in Dubai due to the escalating U.S.-Israel war with Iran that is roiling key?Middle Eastern _hubs which have emerged as robotaxi industry’s most promising markets.

South Korea's MFG purchased 68,000 tons of corn in a private deal on Friday.

Posted to Maritime Reporter on March 3, 2026

South Korea's Major Feedmill Group (MFG), in a private deal late on Friday, purchased?68,000 tons of animal feed corn in addition to the 135,000 tons it had bought earlier that day in an international tender. The 68,000 tonnes is expected to be sourced from South Africa…

South Korea's KFA Busan purchased about 65,000 tonnes of corn, traders claim

Posted to Maritime Reporter on March 3, 2026

According to European traders, the Busan section of the Korea Feed Association in South Korea bought around 65,000 metric tons??of??animal feed???corn on Friday. The corn was to be purchased at a cost of $251.05 per tonne, including freight and handling (c&f)…

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…

Iran conflict disrupts shipping globally as tankers become stranded and damaged

Posted to Maritime Reporter on March 2, 2026

The insurance companies have canceled war risk coverage on vessels in the Gulf due to the increasing conflict with Iran. This has caused at least four damaged tankers, two deaths of seafarers and 150 stranded ships around the Strait of Hormuz.

South Korea to purchase approximately 74,382 tonnes of rice, traders claim

Posted to Maritime Reporter on March 2, 2026

Agro-Fisheries and Food Trade Corporation, a?state-owned corporation in South Korea. European traders reported on Monday that a?international tender has been issued to 'purchase' an estimated 74,382 tons of rice. About 33,300 tonnes of the total should be sourced in the United States…

Ship insurers cancel their war risk coverage due to the conflict in Iran

Posted to Maritime Reporter on March 2, 2026

A number of marine insurers have announced that they are cancelling their war risk coverage for ships because of the conflict in the Gulf and Iran. According to notices posted on their websites dated March 1, insurers such as?Gard?, Skuld?, NorthStandard?…

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…

As the Iran conflict escalates, Asian oil buyers evaluate stockpiles and Middle East alternatives

Posted to Maritime Reporter on March 1, 2026

As the Iran conflict disrupted shipping through the Strait of Hormuz and a rise in oil prices is expected when trading resumes Monday, Asian governments and refiners have been rushing to assess their oil stocks and alternative routes. Asia is…

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