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News
SG Fleet, ORIX And Sumitomo Bid For Australia's
14+ hour, 54+ 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?...
Hormuz Shipping Traffic in Single Digits: Data
4+ day, 11+ hour ago (177+ words) Posted to Maritime Reporter on September 10, 2026?Vessel Transits in the Strait of Hormuz decreased slightly on Wednesday?to?seven,?compared to the?previous?day?s 12 preliminary shiptracking data revealed on Thursday. Levels were also lower than the 10 day average of…...
After early holiday import rush, the busiest US seaport sets new volume records for three months after a new record of imports.
4+ day, 19+ 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…...
Data shows that shipping traffic through the Strait of Hormuz is below the 10-day average
5+ day, 13+ hour ago (203+ words) Posted to Maritime Reporter on September 8, 2026 Preliminary shipping data on Wednesday showed that six?commodity ships transited the Strait of?Hormuz Tuesday. This is down from nine?aday earlier? and below?the 10-day?average of approximately 12. These figures may change,…...
GRAINS-Chicago Wheat reaches multi-year high after Russia rejects Black Sea Grain Plan
1+ week, 5+ day ago (480+ words) Posted to Maritime Reporter on September 1, 2026 Chicago wheat futures hit a three-and-a-half-year high on Tuesday on reports that Moscow?had rejected a moratorium on attacks in the Black Sea and struck port?infrastructure in the region overnight, analysts said. Futures…...
GRAINS-Chicago Wheat reaches multi-year high on Russia's Black Sea Attacks
1+ week, 5+ day ago (479+ words) Posted to Maritime Reporter on September 1, 2026 Chicago wheat futures hit a three-and-a-half-year high on?Tuesday on reports that Moscow had rejected a moratorium on attacks in the?Black Sea and struck port infrastructure in the region overnight, analysts said. Futures…...
North American Blue Energy Partners to Take Over Some Venezuelan Oilfields
1+ week, 5+ day ago (704+ words) U.S. oil company North American Blue Energy Partners will take over some oilfields previously controlled by several Chinese companies and a Russian firm, two U.S. officials told Reuters on Monday. The takeover will be part of a sweeping oil production agreement that…...
GRAINS-Chicago Wheat hits 3-1/2 year high on Russia's Black Sea Attacks
1+ week, 6+ day ago (493+ words) Posted to Maritime Reporter on September 1, 2026 Chicago wheat futures hit a three-and-a-half-year high on Tuesday on reports that Moscow?had rejected a moratorium on attacks in the Black Sea?and struck port infrastructure in the region overnight. Futures recovered from…...
Chicago wheat drops after reaching a three-year-high on Black Sea disruptions
2+ week, 13+ hour ago (344+ words) Posted to Maritime Reporter on August 30, 2026 Chicago wheat futures declined on Monday, after soaring to a?three-year high during the previous session due to?grain import disruptions in Black Sea Region. Corn and soybeans gained. Chicago Board of?Trade? (CBOT),…...
Sumitomo's $582 million bid for FleetPartners in Australia ignites a bidding war
2+ week, 5+ day ago (231+ words) Posted to Maritime Reporter on August 25, 2026 FleetPartners Group announced on Wednesday that it had received a takeover bid from a consortium led by Japan's Sumitomo Corp. The offer valued the Australian vehicle leasing provider at A$813.1m ($582.26m). The offer turns the…...