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Bangladesh's ambitious wind energy plans are slow to progress

Posted to Maritime Reporter on April 23, 2026

South Asia relies on imported energy for 95% of their needs. The price increases following the Middle East war have been devastating. Wind and solar energy, which are renewable, can help break this dependency. Solar power is the largest renewable energy source in Bangladesh…

After waiver, a foreign-flagged oil tanker transports US crude from Texas to Pennsylvania

Posted to Maritime Reporter on April 23, 2026

A tanker with a foreign flag delivered crude oil from Texas to an American refinery. A?temporary waiver granted by President Donald Trump on Thursday allowed a refinery to operate?on Friday?in order to combat price hikes and supply disruptions caused by the Iran War.

Bousso

Posted to Maritime Reporter on April 23, 2026

In the past decade, we have seen a rapid series of energy crises around the world, fueled by extreme weather, military conflict and supply chain snarls. The highly interconnected oil and natural gas markets are fragmenting and the transition to a low-carbon economy is accelerating.

Executives say that Asian shipowners will cross the Hormuz first before Western companies.

Posted to Maritime Reporter on April 22, 2026

Shipping executives at the FT 'Commodities - Global Summit on Wednesday said that Asian ship owners - who have a greater risk tolerance - may soon begin sailing through the Strait of Hormuz, despite a fragile ceasefire between the U.S. and Iran.

CMB.Tech, a shipper of ammonia-powered ships, expects to receive them by mid-2026

Posted to Maritime Reporter on April 22, 2026

Alexander Saverys, the CEO of Belgian shipowner CMB.Tech, said that 11 vessels powered by ammonia will be delivered between this summer and March next year, as part of their decarbonisation plans. Saverys, a reporter at the Singapore Maritime Week Conference…

US judge blocks Trump administration's actions that stymie wind and solar projects

Posted to Maritime Reporter on April 21, 2026

A federal judge in Boston on Tuesday blocked the administration of President Donald Trump from enforcing policies that, according to wind and solar energy industry groups, have stymied new energy generation. Denise Casper, the chief U.S. District Judge in Boston…

Ferretti shareholders submit rival board slates in advance of the May 14 showdown

Posted to Maritime Reporter on April 20, 2026

The two largest shareholders of Ferretti filed rival slates of candidates for the renewal of the Italian Yacht Maker's Board on Monday, setting up a fight at the annual meeting of the company on May 14. Czech investor KKCG Maritime has submitted…

New York Times Business News - April 20, 2019

Posted to Maritime Reporter on April 20, 2026

These are the top business stories from the New York Times. These?stories have not been?verified' and?the?New York Times cannot vouch for the accuracy of these stories. After two months of war, sales in the Persian Gulf countries have plummeted. Chris Wright, U.S.

Iraq resumes oil exports to the south after a month-long stop due to disruptions in Hormuz

Posted to Maritime Reporter on April 17, 2026

Four energy sources reported that 'Iraq resumed its southern oil exports Friday, after a halt of more than a month caused by disruptions in shipping through the Strait of Hormuz. One tanker has begun to load crude. Iraqi ports & energy sources…

EU wheat drops on Hormuz, opening up hopes

Posted to Maritime Reporter on April 17, 2026

Euronext Wheat fell on Friday as oil prices tumbled and Iran's announcement of a reopening of Strait of Hormuz raised expectations of an end to the Iran War. The strength of the euro against the dollar, which reached a new two-month high, has also impacted Euronext…

Starmer: Over a dozen nations offer to take part in the Hormuz Mission

Posted to Maritime Reporter on April 17, 2026

Several dozen countries have said they are willing to 'join an international mission for the protection of?shipping along the Strait of Hormuz if conditions allow,' said Britain, at a time when Donald Trump, U.S. president, said he didn’t need any allies’ help.

Merz pledges German contribution to Hormuz mission, says US input 'desirable'

Posted to Maritime Reporter on April 17, 2026

German Chancellor Friedrich Merz stated 'on Friday' that his country was "prepared" to contribute a mission that would ensure freedom of navigation through the Strait of Hormuz. Merz, along with his counterparts in France, Britain, and Italy…

When the conflict ends, countries will discuss the mission of Hormuz

Posted to Maritime Reporter on April 16, 2026

France and Britain are hosting a meeting of 40 countries on Friday. The purpose is to signal the United States that some of its closest allies will be'ready' to play a part in restoring the freedom of navigation through the Strait of Hormuz, once the conditions permit. Since the beginning of U.S.

How the US can clear mines in the Strait of Hormuz

Posted to Maritime Reporter on April 16, 2026

The United States could use drones, robots with explosives and helicopters in order to reduce the risks. However, de-mining teams could still be at risk from Iranian attacks. As part of its efforts to stop Iran's shipping disruption, the U.S. wants to clear the Strait of Mines.

The Iran War exposes the weakness of Britain's military

Posted to Maritime Reporter on April 16, 2026

After years of warnings by military chiefs that the UK's capabilities were shrinking, the Iran war left Britain's armed services exposed. This put pressure on Keir starmer, Prime Minister, to make good on his promise to invest in defence. After…

Iran suspends exports of petrochemicals until further notice

Posted to Maritime Reporter on April 16, 2026

The economic newspaper Donya-e-Eqtesad published a report on Thursday that Iran had halted all exports of petrochemicals in order to 'prioritise the domestic supply' and prevent shortages. This was due to the?disrupted production? after Israel attacked several petrochemical centers.

Document says that Italy's ENI loaded Venezuelan heavy oil cargo bound to Europe.

Posted to Maritime Reporter on April 14, 2026

This week, oil and gas 'producer ENI?finished loading the first cargo of Venezuelan heavy?crude to reach Spain in nearly two years. Since Caracas and Washington agreed on a landmark supply deal in January, trading?houses such as Trafigura, Vitol…

NATO allies reject Trump's Strait of Hormuz Blockade

Posted to Maritime Reporter on April 13, 2026

The United States' NATO Allies said Monday that they would not be 'involved' in President Donald Trump’s plan to blockade Strait of Hormuz. This will further escalate tensions within the fragile alliance. Trump claimed that the U.S. After weekend talks failed, the U.S.

Safe-haven dollar increases as US-Iran talks fail, US to blockade Iran port

Posted to Maritime Reporter on April 13, 2026

The dollar strengthened on Monday as peace talks between the U.S.A. and Iran collapsed and the U.S. Navy prepared to blockade Iranian ports. Meanwhile, the Hungarian forint rose after the centre-right Tisza Party defeated?Viktor Orban by a large margin in an election victory.

Safe-haven dollar gains when US-Iran talks fail, US will blockade Iran port

Posted to Maritime Reporter on April 13, 2026

The dollar, a safe-haven currency, firmed up on Monday after peace talks broke down between the U.S.A. and Iran and the American Navy prepared to?blockade Iranian ports. Meanwhile the Hungarian forint rose after the centre-right Tisza Party defeated Viktor Orban by a large margin.

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