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US legal advisor says Iran war justified because of Tehran's "aggression" over decades

Posted to Maritime Reporter on April 24, 2026

State Department lawyer Reed Rubinstein argued in a statement released days before the deadline of May 1 for the Trump administration to obtain approval from Congress under the 1973 War Powers Act or move to end the war. Reed Rubinstein, State Department's Legal Adviser…

China conducts live-fire drills near Luzon while the US and Philippines stage wargames

Posted to Maritime Reporter on April 24, 2026

China has conducted military exercises, including live-fire drills, in waters east the Philippines' Luzon Island, the country said on Friday. This comes as Manila and Washington conduct yearly drills that include disputed areas in the South China Sea. This week, over 17,000 U.S.

Temasek Azalea's CEO plans to create a private equity fund that will never go out of style, he says

Posted to Maritime Reporter on April 21, 2026

Azalea is a unit owned by Seviora Holdings, a Singapore asset manager, and indirectly owned Temasek. It plans to launch a private equity fund that will remain evergreen, depending on the market, according to its top executive. Chue En Yaw, CEO…

Analysts say that Iran could go as long as two months without exporting oil before reducing production.

Posted to Maritime Reporter on April 15, 2026

Analysts said that Iran could withstand a total halt of oil exports for up to two months before it is forced to cut?production. This comes after the U.S. began blocking shipments into and out of its ports on April 13th. The blockade may prevent…

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.

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…

Germany's PNE has lost bid for Vietnam wind projects, in a new blow to foreign investors

Posted to Maritime Reporter on February 6, 2026

The Vietnamese authorities have chosen a newly-created subsidiary of real estate conglomerate Vingroup for the development of the first phase of a major offshore wind project in the country. Morgan Stanley-backed German renewable company PNE…

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…

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.

Citgo purchases first Venezuelan oil from Trafigura since 2019, sources claim

Posted to Maritime Reporter on January 29, 2026

Citgo Petroleum, a U.S. refiner, has purchased Venezuelan crude oil for its first purchase since 2019. This was when Citgo severed its ties with Petroleos de Venezuela (its parent company), two sources said on Wednesday. The 830,000-barrel-per-day refiner…

Citgo purchases first Venezuelan oil from Trafigura since 2019, sources claim

Posted to Maritime Reporter on January 29, 2026

Two sources with knowledge of the matter confirmed on Wednesday that Citgo Petroleum, a U.S. refiner, has bought Venezuelan crude for the first since 2019. That was when it severed its ties with Petroleos de Venezuela - the state-run oil company.

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…

Shipping data shows that a tanker carrying Venezuelan heavy crude oil is heading to Louisiana.

Posted to Maritime Reporter on January 25, 2026

A crude tanker chartered Trafigura?departed from Venezuela's Jose Port?to Louisiana Offshore Oil Port?documents and LSEG data showed. This was the first cargo to go directly to the U.S. under a 50 million barrel supply agreement agreed between Caracas this month and Washington.

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…

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.

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…

Malaysia announces that the search for missing flight MH370 will resume in this month.

Posted to Maritime Reporter on December 2, 2025

Malaysia's Transport Ministry announced on Wednesday that the search for missing Malaysia Airlines Flight MH370 would resume on December 30. This comes more than a year after the flight, bound for Beijing, disappeared in what is considered one of aviation's biggest mysteries.

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…

Indonesia tests footwear from the United States due to Caesium 137 contamination concerns

Posted to Maritime Reporter on November 12, 2025

A special government taskforce responsible for the issue announced on Wednesday that Indonesia will conduct further tests on footwear returned from the United States after claims they were contaminated with radioactive Caesium 137. He said, "After the investigations…

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…

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