Posted to Maritime Reporter
on
March 4, 2026
The export forward price for Ukraine's rapeseed harvest in 2026 could reach $540 to $545 per metric ton, including transport costs, for delivery between July and August, up from $530 to $540 a week earlier, according to the UAC, a major?farmers union.
Posted to Maritime Reporter
on
March 4, 2026
European traders reported that Jordan's state grain buyer bought?about 50,000 tons of?? animal feed??? barley? on Wednesday? in an international tender looking for up to 120,000 tonnes. According to traders, the barley was reportedly purchased…
Posted to Maritime Reporter
on
March 4, 2026
According to sources in the Sri Lankan navy and defence ministry, at least 101 people are missing, 1 is dead and 78 others have been injured. The sources claimed that the ship has now sunk. It is unclear who was responsible for the attack. A…
Posted to Maritime Reporter
on
March 4, 2026
The Pakistani petroleum ministry announced in a Wednesday press release that the Saudi Arabian government has requested to send oil through the Red Sea port of Yanbu, after the closure of the Strait of Hormuz disrupted shipping. War in the Middle East disrupts shipping through the Strait of Hormuz.
Posted to Maritime Reporter
on
March 4, 2026
According to shiptracking and industry sources, an oil tanker crossed the Strait of?Hormuz Tuesday to load crude in a United Arab Emirates Port. This is a rare?journey since the?Iran war disrupted Middle East shipping. LSEG data revealed that…
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.
Posted to Maritime Reporter
on
March 3, 2026
On Tuesday, President Donald Trump stated that the U.S. military had been successful in destroying many Iranian air and naval targets. He said "almost everything" was destroyed. Responding to questions from reporters, Trump said that he had…
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…
Posted to Maritime Reporter
on
March 3, 2026
The Times newspaper reported on Tuesday that Britain plans to send a warship to defend its Royal Air Force Akrotiri in Cyprus against Iranian attacks. A 'drone attack' by Iran hit the runway at the Akrotiri base early on Monday morning. Britain said that UK assets were targeted.
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.
Posted to Maritime Reporter
on
March 3, 2026
Trade officials reported that about 400,000 metric tonnes of Indian Basmati rice is backed up at ports and in transit and export deals are drying up as freight rates have doubled since U.S. and Israel attacked Iran on the weekend. India is the largest exporter of aromatic basmati rice in the world.
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…
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)…
Posted to Maritime Reporter
on
March 3, 2026
Swiss logistics group Kuehne und Nagel reported on Tuesday a '17%' drop in its recurring operating profits for 2025 and predicted likely flat or lower earnings this year due to an escalating Middle East conflict. The freight forwarder said it…
Posted to Maritime Reporter
on
March 2, 2026
Bloomberg News reported that U.S. private equity firm Thoma Bravo is in advanced talks to purchase third-party logistics provider WWEX Group. This would create a shipping tech business worth up to $12 billion. The report said that the buyout…
Posted to Maritime Reporter
on
March 2, 2026
Police and intelligence sources confirmed that Greek authorities detained a 36-year old man for allegedly spying on the U.S. Naval Base?on?the island of?Crete. This base is a strategic facility in the eastern Mediterranean for the United States.
Posted to Maritime Reporter
on
March 2, 2026
Activist investor Elliott Investment Management stated on Monday that there was an urgent need to re-energize the board of Norwegian Cruise Line Holdings after the cruise operator forecasted a muted profit for 2026. The investor has criticized…
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…
Posted to Maritime Reporter
on
March 2, 2026
Analysts say that disruptions to the marine traffic in the Middle East Gulf could prevent the region's aluminium smelters not only from exporting their metal but also from receiving the raw materials needed to continue producing metal. Gulf…
Posted to Maritime Reporter
on
March 2, 2026
BERLIN, 2 March - At the very least, 25 ships?from 7 German maritime companies?including two?cruise ships?carrying about 7,000 'passengers' are stranded 'in 'Gulf waters 'and cannot leave the Strait of Hormuz due to security reasons. Germany's shipowners association VDR announced this on Monday…
