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Thursday, March 5, 2026

Maritime Blogs

Etihad Airways profits soars nearly 50% as fleet, network expansion support strong demand

Posted to Maritime Reporter on February 24, 2026

Etihad Airways announced a nearly 50% increase in 'net profit' to $698m last year. The?carrier stated on Tuesday that increased capacity supported strong market demand and lifted the load factor. "We have invested a lot in our product and customer satisfaction.

Caribbean 600 is roaring into action off Antigua, with trade-wind thrills & start-line duels

Posted to Maritime Reporter on February 24, 2026

The 2026 RORC Caribbean600?emerged with a spectacular launch from Fort Charlotte, Antigua. An international fleet set out on a nonstop 600-mile journey around '11 Caribbean Islands in what promises to a be a thrilling 17th edition. "15 knots trade winds…

Sources say that Prefchem Malaysia has reduced its refinery production after closing the gasoline unit.

Posted to Maritime Reporter on February 24, 2026

Sources familiar with the matter say that Pengerang Refining Company in Malaysia (Prefchem), has reduced 'output' at its refinery after it closed one of two units for repairs - until April. They added that this has resulted in a decrease in exports of refined goods for the month.

Bousso: US and China are the key to containing an oil shock in the Middle East

Posted to Maritime Reporter on February 24, 2026

A major military conflict between the U.S., Iran and other countries could cause a disruption of Middle East oil supply. It could be that the vast oil reserves held by the U.S. or China are crucial in controlling it. As the American military builds up in the region…

US Coast Guard launches investigation after removing swastikas from training center

Posted to Maritime Reporter on February 24, 2026

The'service' said on Monday that a drawing of a swastika, which appeared at the U.S. Coast Guard’s?primary recruiting training center in New Jersey, was removed and that the incident had been referred to a forensic investigator for further investigation. In a press release, a 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…

EU's Costa urges Hungary’s Orban respect 90 bln Euro loan deal for Ukraine in letter

Posted to Maritime Reporter on February 24, 2026

Antonio Costa, the President of the European Council on Monday, urged Hungarian Prime Minister Viktor Orban 'to honour a 'deal for a 90-billion euro loan ($106.11billion) to Ukraine. Budapest had said that it would 'block the plan unless Russian…

The CEO of German shipbuilder TKMS, calls for consolidation in the industry

Posted to Maritime Reporter on February 24, 2026

In a'speech' published on Monday, the chief executive of TKMS, a -German warship builder - called for consolidation in the defence.industry. He said that money alone cannot build ships, and that the deciding?factor is how quickly industry and clients can act together.

Uganda plans to connect a new railway line with Tanzania to open a new export route

Posted to Maritime Reporter on February 23, 2026

A government document seen by revealed that Uganda is looking to connect a new rail line it's building with one being built in Tanzania. This could potentially open up a 'new export route for minerals like iron ore, gold and copper. Uganda exports most of its goods via the Kenyan port in Mombasa.

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…

Australian warship tracks China's Navy as it transits the Taiwan Strait

Posted to Maritime Reporter on February 22, 2026

A government source confirmed that an Australian?warship had sailed across the Taiwan Strait on Sunday. This was the latest transit by a u.s. ally of this?sensitive waterway. Chinese state-backed media claimed that the military of China was tracking and monitoring an ally.

Australian warship tracks China's Navy as it transits the Taiwan Strait

Posted to Maritime Reporter on February 22, 2026

A government source confirmed that an Australian warship had sailed across the Taiwan Strait on Sunday. This was the latest transit by a U.S. ally of this'sensitive waterway. The Chinese state-backed media reported that the ship was being tracked and monitored.

Algeria offers to purchase soft milling wheat in the amount of 50,000 metric tonnes, traders claim

Posted to Maritime Reporter on February 22, 2026

European traders reported on Sunday that Algeria's state grain agency OAIC had issued a?international?tender to purchase soft milling wheat sourced from optional origines. Algeria usually buys more than the nominal amount sought in its tenders.

Police officer: 5 bodies of migrants werehed up on the shore east of Tripoli in Libya, capital.

Posted to Maritime Reporter on February 21, 2026

A police officer said that at least five bodies, including two women, had washed up on the shores of a coastal village in eastern Libya, called 'Qasr al-Akhyar. Hassan Al-Ghawil is the head of investigations at the Qasr Al-Akhyar Police Station.

Argo breaks Antigua 360 record with 35-knot blitz

Posted to Maritime Reporter on February 21, 2026

Jason Carroll's MOD70 argo smashed the course record of the Royal Ocean Racing Club Antigua 360?Race. It sped around the 48 nautical-mile circuit in just 2 hours, 29 minute and 20 second - an improvement of 25% over the previous mark. Carroll called it "a wonderful day for sailing…

Trucks form 28-km line to deliver soybeans to Brazil's Miritituba river terminals

Posted to Maritime Reporter on February 20, 2026

According to data provided by the oilseed lobby Abiove, trucks loaded with soybeans had to wait in a 28-kilometer-long line to deliver their product to terminals at Miritituba port on the Amazonian coast of Para state. Terminals are operated by Cargill…

Turkey bids to import 350,000 metric tonnes corn, traders claim

Posted to Maritime Reporter on February 20, 2026

European traders reported on Friday that the state grain board of Turkey, TMO, has issued a tender to purchase and import 350,000 metric tonnes of animal feed corn. They said that the deadline for submitting?price bids in the tender was February 26.

The Russian seaborne oil exports may drop by 10% in February

Posted to Maritime Reporter on February 20, 2026

Unplanned refinery shutdowns and bad weather at key ports slowed fuel loadings. This is according to data from LSEG and market sources. According to industry sources and calculations, the total exports of oil-based products from Russian ports in January was 9.12 million metric tonnes.

Cobalt stocks fall at Wuxi Exchange in scramble to find electric vehicle battery materials

Posted to Maritime Reporter on February 20, 2026

Cobalt stock prices on China's Wuxi Exchange plummeted late in January. Traders attribute the fall to shortages of the material used in electric vehicle batteries in the world's largest consumer. On 'January 29th,'?cobalt, or 37%, was removed from the stock exchange.

Cargill Santarem Port Terminal is now open to the public after a Brazilian court reversed its previous order.

Posted to Maritime Reporter on February 20, 2026

According to a decision signed by federal Judge Shamyl Cipriano, a Brazilian court restored late on Wednesday an order allowing?access?to the Santarem River port terminal operated by U.S. grain traders Cargill. The Brazilian court reinstated…

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