Posted to Maritime Reporter
on
October 4, 2026
US states are taking steps to reduce diesel and gasoline prices, which have been soaring in recent months as a result of supply disruptions caused by the US war against Iran, Ukrainian strikes on Russia's refining facilities, and shrinking global inventories.
Posted to Maritime Reporter
on
October 4, 2026
Puntland, a?semiautonomous'state? in Somalia, said that Somali pirates had killed five crewmembers of the MT Honour 25 petroleum product tanker before it was rescued by security forces. The death aboard the Palau flagged ship appears to be the…
Posted to Maritime Reporter
on
October 4, 2026
Sea-Watch, a German charity, announced on Tuesday that it had rescued 28 migrants, and recovered two bodies, one of which was a child. The charity reported that the group's ship Aurora discovered five survivors as well as the bodies of the deceased in a deflated dinghy early on Tuesday morning.
Posted to Maritime Reporter
on
October 2, 2026
Iran's conflict has brought the murky world of refined fuel trading to the forefront as the world struggles with a limited supply and record high prices. AI may be the key to bringing the world of fuel trading out of the dark. Although crude oil trading has been a popular practice for many years…
Posted to Maritime Reporter
on
September 30, 2026
Chicago Board of Trade Wheat?Futures fell Friday amid diplomatic attempts to ease disruptions in Black Sea grain exports due to Russia's war against Ukraine and other major grain suppliers. Analysts said that prices were also under pressure due to early losses in corn and soybean futures…
Posted to Maritime Reporter
on
September 30, 2026
?With a mixture of Olympians and America's Cup sailors as well as national champions and amatuer sailors, the interest in 'the inaugural New Yatch 'Club Women's 'International Championship last week 'was'so strong' that its organisers have already planned a follow-up event in 2028.
Posted to Maritime Reporter
on
September 30, 2026
The maritime police force in the semi-autonomous Puntland region of Somalia said that a?US sanctioned oil tanker named Sibu 1 was 'liberated' after it was hijacked by Somali pirates back in August. Our forces have been engaged in a counter-piracy campaign since two days ago. It's still ongoing.
Posted to Maritime Reporter
on
September 29, 2026
French President Emmanuel Macron announced on Thursday that France would send troops and defense systems to Saudi Arabia in order to help 'protect the Red Sea Port City of YANBU, which is crucial for energy transportation. Macron said that a US diesel export ban…
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on
September 29, 2026
A US official, who spoke on condition of anonymity, said that 60 commercial ships transited the Strait of Hormuz Wednesday, carrying the 'highest daily volume' of crude oil since earliest July. The US official said that about 40 of these vessels…
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on
September 28, 2026
According to a Thursday'readout' from Erdogan’s office, the Turkish president told his Ukrainian counterpart Volodymyr Zelenskiy that Russian?and Ukrainian attacks on commercial ships in the Black Sea are?inexplicable. Steps must be taken to prevent these.
Posted to Maritime Reporter
on
September 28, 2026
Preliminary data on Thursday showed that 10 commodity ships transited through the Strait of?Hormuz, up from 7 a day before and below the 10-day moving?average of 17 vessels. Nine vessels entered the Strait, including Supramax ship carrying metals and grain, as well an empty very large Gas carrier.
Posted to Maritime Reporter
on
September 28, 2026
Chicago Board of Trade Wheat futures fell?for the third consecutive session on Wednesday. They surpassed a four-week low as traders monitored prospects for diplomatic initiatives that could 'ease Black Sea export disruptions. Corn and soybeans rose.
Posted to Maritime Reporter
on
September 28, 2026
Taiwan's government has responded to the increase in Chinese activities by increasing its patrolling capacity around the Pratas islands?in disputed South China Sea. This includes regularly sending larger ships there. China asserts that Taiwan is governed democratically and as its own territory.
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on
September 28, 2026
South Korean President Lee Jae Myung met with Donald Trump, US president on Wednesday and discussed "cooperation" on building warships. Lee said that Trump and he discussed cooperation in the shipbuilding industry, including warship construction.
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on
September 28, 2026
Analysts say that wheat futures fell to their lowest level in four weeks on Wednesday, on hopes that diplomatic efforts would ease Black Sea export disruptions linked to Russia's conflict with Ukraine. Futures on corn and soybeans also?dropped.
Posted to Maritime Reporter
on
September 28, 2026
Data from the Russian Grain Union lobby group showed that fewer countries were buying Russian wheat since July due to a 'blockade of a major export route by Russia and Ukraine on 'the Black Sea. In September, only eight countries purchased wheat from Russia…
Posted to Maritime Reporter
on
September 26, 2026
The rising cost of fuel is increasing the pressure on US President Donald Trump, who wants to reduce diesel exports before November's midterm elections. What may appear to be a simple fix can cause a chain of events that will ultimately hurt American consumers and the global?economy.
Posted to Maritime Reporter
on
September 26, 2026
European shares edged higher on Wednesday, as lower oil prices supported risk sentiment. Investors also digested business activity data which showed unexpected growth in the euro-zone this month. By 0830 GMT, the benchmark pan-European STOXX 600 index was up 0.2% to 643,15 points.
Posted to Maritime Reporter
on
September 23, 2026
European?shares?inched up a little bit?on Wednesday, as lower oil prices boosted sentiment. Investors were also awaiting key business activity figures due later that day. By 0708 GMT, the benchmark pan-European STOXX 600 index was up 0.4% to 645.04 points.
Posted to Maritime Reporter
on
September 23, 2026
Royal Caribbean Group announced on Wednesday that it had agreed to purchase a 50% stake in Caribbean resorts operator Sandals Resorts International, for $3 billion. This will expand the cruise company's?presence?in land based vacation experiences.
