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News
SG Fleet, ORIX And Sumitomo Bid For Australia's
17+ hour, 53+ min ago (155+ words) Posted to Maritime Reporter on September 13, 2026 Australia's FleetPartners announced?on Monday that it?had recieved revised offers from SG Fleet, Japan’s ORIX and a 'consortium headed by Sumitomo Corp', valuing vehicle leasing firm up to A$982.1million ($702.2million). FleetPartners stock rose nearly?...
After early holiday import rush, the busiest US seaport sets new volume records for three months after a new record of imports.
4+ day, 22+ hour ago (269+ words) Posted to Maritime Reporter on September 9, 2026 The Port of Los Angeles has set a new volume record for the months of June, July, and August after retailers rushed to import goods in order to avoid higher fuel prices and new…...
Brent Crude Oil Prices Rise Above $100/Barrel
5+ day, 9+ min ago (941+ words) Brent crude futures breached $100 a barrel on Wednesday for the first time since late July after Iran and the U.S. struck tankers in the biggest wave of attacks on shipping since the war began, threatening to worsen the ongoing impairment of…...
WTO: Global Goods Trade Strengthens Despite Uneasy Politics
5+ day, 15+ min ago (393+ words) Global trade in goods has strengthened from June despite geopolitical and policy-related uncertainties, the World Trade Organization said on Wednesday, signaling resilience in merchandise flows even as risks remain elevated. The September reading of the WTO's barometer tracking merchandise trade…...
Bousso
5+ day, 7+ hour ago (952+ words) Posted to Maritime Reporter on September 9, 2026 How much oil flows through the Strait of Hormuz each day? All are trying to solve the mystery, but come up with wildly divergent conclusions. This mystery is causing crude oil prices to rise…...
Oil Prices Reach Six-Week High
6+ day, 2+ hour ago (130+ words) Chicago wheat futures jumped on Tuesday as hopes faded for a U.S. diplomatic effort to end the war in Ukraine, which has… Greece finalised a deal on Tuesday for the purchase of two Bergamini class frigates from Italy, its defence ministry…...
De Wave, a yacht interiors manufacturer owned by Renaissance Partners, is to be acquired by the company
6+ day, 6+ hour ago (161+ words) Posted to Maritime Reporter on September 8, 2026 Italian private equity firm Renaissance Partners announced that it has agreed to buy interiors maker De 'Wave Group, located in Genoa, from Californian investment company Platinum Equity. Platinum grew De Wave by acquisitions. According…...
Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations
6+ day, 11+ hour ago (566+ words) © hunterpic2013 / Adobe Stock Oil prices hit multi-week highs on Tuesday after Iran-backed Houthis attacked Saudi energy facilities and Tehran threatened the United States with "economic warfare". Brent crude futures LCOc1 were up $2.00, or 2.06%, at $99.00 a barrel by 0800 GMT. U.S. West Texas…...
Hapag-Lloyd Revising $4.2B ZIM Offer to Address Israeli Concerns
6+ day, 7+ hour ago (490+ words) © olrat - stock.adobe.com / Adobe Stock Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion cash purchase of ZIM Integrated Shipping Services, the German shipping group said on Monday. The proposed deal has faced heavy opposition…...
Inmarsat’S Nexuswave Earns Bureau Veritas Cyber
6+ day, 7+ hour ago (247+ words) Inmarsat Maritime, a Viasat company, has secured Cyber Security Type Approval from Bureau Veritas (BV) for its NexusWave multi-network maritime connectivity service, following an assessment against the International Association of Classification Societies' (IACS) Unified Requirement E27. The approval follows a ClassNK…...