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US allows countries to purchase Russian oil that has been stranded on the sea for 30 Days

Posted to Maritime Reporter on March 12, 2026

The United States has issued a license to countries for a period of 30 days to purchase stranded Russian oil and petroleum products. This was done to help stabilize the global energy markets, which have been shook by the war against Iran. In…

Foreign ministry: Ships must coordinate their passage with Iran's Navy to pass Strait of Hormuz

Posted to Maritime Reporter on March 12, 2026

The spokesperson for the Iranian foreign ministry said that ships must coordinate with the navy of Iran to cross the Strait of Hormuz. This was reported by the?Mehr News Agency? on Thursday. Mojtaba Khmenei, the new Supreme Leader who succeeded his father in office…

Ferretti Group yacht manufacturer Ferretti Group acquired a 3.4% stake from Biglari Holdings

Posted to Maritime Reporter on March 12, 2026

The U.S. investment firm Biglari 'Holdings announced on 'Thursday that it had purchased a 3,4% stake in the?Ferretti -Group. KKCG, a Czech investment group, is preparing to make a partial offer for the Italian yacht manufacturer. Biglari Holdings…

Source in India says Iran will allow tankers with Indian flags to pass through Strait of Hormuz

Posted to Maritime Reporter on March 12, 2026

An?Indian source? said that Iran would?allow India flagged tankers to pass through the Strait of?Hormuz. Through this route, 40% of India's crude oil imports go, a?source? based in India denied the agreement. The Indian foreign ministry and…

Asia LNG scramble pulls European cargoes; one US shipment changes destination to China

Posted to Maritime Reporter on March 12, 2026

Asia's scramble to get LNG to replace the output that was cut off by the war in the Middle East has drawn a slew of cargoes from Europe. At least one U.S. shipment is now destined for China. This would end a year long halt on?such _imports because of tariffs.

Dmitriev, a Russian official, says that he has discussed the global energy crisis with U.S. counterparts

Posted to Maritime Reporter on March 12, 2026

The Russian presidential envoy Kirill Dmitriev stated that he discussed the current energy crises with his U.S. counterparts on Thursday as part of a meeting of the U.S. and Russia working group on economics which took place in Florida. Since the closure of the Strait o f?Hormuz on February 28…

South Korean milling groups buys around 32,000 tons of wheat from the US traders claim

Posted to Maritime Reporter on March 11, 2026

European traders reported on Wednesday that a group of South Korean flour mills purchased?an estimated?32,000 metric tonne of?milling?wheat to be sourced in the U.S. The purchase involved several wheat types and was made on a FOB basis. They said the tender requested shipment between July 15-31.

US Navy aircraft transit the Taiwan Strait before Trump's planned China trip

Posted to Maritime Reporter on March 11, 2026

The U.S. Navy 'P-8A Poseidon' aircraft flew over the strait of Taiwan in international airspace, a move that the U.S. Washington and Beijing are looking to improve their ties, which have been damaged by issues such as Taiwan, trade disputes, and technology restrictions.

Taiwan bids on estimated 105.020 tons of wheat from the US

Posted to Maritime Reporter on March 11, 2026

European traders reported on Wednesday that the Taiwan Flour 'Millers Association' has issued a?international?tender for the purchase of?an estimated?105,020?metric tons?of grade 1 milling?wheat to be sourced in the United States. The deadline to submit price offers for the tender is March 19.

State media report that Iran has arrested dozens of people, including a foreign national with ties to the US and Israel.

Posted to Maritime Reporter on March 10, 2026

The Intelligence Ministry announced on Tuesday that Iran has arrested dozens of people, including a foreign national. They were arrested for allegedly spying for the country's "enemies". ?and Israel. On February 28, the U.S., Israel and other countries launched airstrikes on Iran.

Ship trackers reveal that another tanker carrying Iranian oil has passed through Hormuz.

Posted to Maritime Reporter on March 10, 2026

Data from ship trackers revealed that a supertanker?with 2 million barrels?of Iranian crude oil onboard?sailed?through?the?Strait of?Hormuz the previous day. This vessel is one of at least five others shipping oil to?Asia?since February 28.

CORRECTED - Southeast Asian refineries reduce output due to tightened crude supplies

Posted to Maritime Reporter on March 10, 2026

Sources say that a growing number of refineries in Southeast Asia, who are dependent on Middle East oil for their production, have reduced output due to the U.S./Israeli war against Iran. Sources say that the conflict has halted all shipments across the Strait of Hormuz.

British warship HMS Dragon departs to Eastern Mediterranean

Posted to Maritime Reporter on March 10, 2026

The British warship HMS Dragon left for the Eastern Mediterranean on Tuesday. This was more than a month after the United States and Israel launched attacks against Iran. The British government was criticized for not sending a warship sooner.

Taiwan's natural gas imports from the US will increase in June

Posted to Maritime Reporter on March 9, 2026

Taiwan's government announced?on? Tuesday that natural gas imports from the United States would increase?from June?as they?have signed?new supply contracts. They also said that they were working to resolve the disruptions caused by the Middle East war.

Trump will hold a Monday press conference following the close of the markets

Posted to Maritime Reporter on March 9, 2026

U.S. President?Donald Trump announced that he will hold a news conference on Monday, before returning from Florida to Washington. He did not give any details as to what he planned to discuss. After the close of?US. The markets close. The news…

Turkey bids to import 280,000 tonnes of corn, traders claim

Posted to Maritime Reporter on March 9, 2026

European traders reported on Monday that the'state grain board TMO of Turkey has issued an international tender for the 'purchase and import 280,000 metric tons?of animal feed. The deadline for submitting price offers to the tender is March 16th, they added.

Turkey has invited bids from traders to import 175,000 tonnes of feed barley.

Posted to Maritime Reporter on March 9, 2026

European traders reported on Monday that the state grain board TMO of Turkey has issued a 'international tender' to?purchase and import about 175,000 tons of animal feed. TMO has also released a separate international tender to purchase and import approximately 280,000 tons of animal feed corn.

Ship tracking data shows that a Greek-operated oil tanker carrying Saudi cargo passes through Hormuz.

Posted to Maritime Reporter on March 9, 2026

Analysis from ship tracking?platforms Kpler?and Lloyd's List?Intelligence on Monday showed that a?Greek operated oil tanker?sailed?through the Strait?of Hormuz?with?a?cargo?of Saudi Arabian crude?and its destination listed as India. MarineTraffic data showed that the Shenlong Suezmax tanker…

At least 14 people killed after migrant boat crashes with coast guard vessel in southern Turkey

Posted to Maritime Reporter on March 9, 2026

The coast guard said that at least '14 people were killed on Monday when an inflatable boat carrying migrants smashed into a Turkish Coast Guard vessel near Antalya in southern Turkey. The 'coast guard' said that the high-speed vessel?was detected…

Industry sources claim that GAIL, India's GAIL, is looking for LNG cargo to be delivered in March.

Posted to Maritime Reporter on March 9, 2026

GAIL, India's largest gas distributor, has issued a tender for a cargo of liquefied natural?gas to be delivered in March. The conflict in the Middle East has curtailed shipping, and Qatari production is currently halted. GAIL wants the cargo for delivery between March 15-25…

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