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Japan refinery run-up to rise by over 70% with alternative supply and stockpile releases

Posted to Maritime Reporter on May 13, 2026

Data from the Petroleum Association of Japan showed that Japanese refineries processed oil at over 70% of their capacity for the first since March. This was due to crude being released from their stockpiles, and other alternative sources. Japan…

Gulf clashes escalating as US and Iran are no closer to ending the war

Posted to Maritime Reporter on May 9, 2026

U.S. and Iran did not appear to be any closer to a resolution of their conflict on Saturday after both sides exchanged fire in the Gulf during a tenuous truce. A U.S. intelligence analysis found that Tehran could survive a naval blocade for several months.

Iran Threatens a painful response if US renews its attacks

Posted to Maritime Reporter on April 30, 2026

Iran announced on Thursday that it would respond to any new attacks by Washington with "long, painful'strikes'" and reasserted control over the Strait of Hormuz. This complicates U.S. plans to form a coalition in order to reopen this?waterway.

Kyiv claims that the vessel carrying grain, which Ukraine believes was stolen by Russia, will not be unloaded in Israel.

Posted to Maritime Reporter on April 30, 2026

Ukraine's top prosecutor and foreign minister said Thursday that a vessel containing grain, which Ukraine claims was stolen from areas under Russian occupation, will not be unloaded in Israel. This came after Kyiv asked Israel to seize this cargo.

Media report that a vessel carrying grain stolen from Ukraine by Russia will not unload in Israel

Posted to Maritime Reporter on April 30, 2026

Israeli media reported on Thursday that a vessel carrying grain that Ukraine claims was stolen by Russia will not unload its cargo in Israel. Kyiv had asked Israel to seize the cargo. The Jerusalem Post, among other outlets, cited a Grain Importers…

US asks for international assistance to reopen Strait of Hormuz amid a surge in crude oil prices

Posted to Maritime Reporter on April 30, 2026

According to a cable from the State Department, the U.S. is pushing other countries to create an international coalition in order to restore freedom of movement in Strait of Hormuz. This comes as oil prices have risen to their highest level…

Russia increases LPG rail exports to China by 21% in March m/m

Posted to Maritime Reporter on April 23, 2026

Sources said that Russia increased its liquefied gas exports to China by 21% in March compared to February. This was due to the increase in trading after the Chinese New Year holiday and the lack of Middle East supplies. Due to European sanctions…

Ukraine asks Israel for seizure of vessel carrying grain it claims is stolen by Russia

Posted to Maritime Reporter on April 29, 2026

Ukraine's top prosecutor said that Israel should seize the vessel which was carrying grain it claims to have stolen from Russian-occupied areas, on Wednesday. The shipment had sparked diplomatic tensions between the two countries. On Tuesday, Israel and Ukraine traded accusations.

Trump says Iran is 'figuring its leadership out' after he rejects the latest peace proposal

Posted to Maritime Reporter on April 28, 2026

The efforts to end the Iran conflict came to a standstill on Tuesday, with U.S. president Donald?Trump unsatisfied with the latest offer from Tehran. He said that Tehran had told the U.S. they were in a state of collapse and trying figure out their leadership situation.

Bousso

Posted to Maritime Reporter on April 28, 2026

United Arab Emirates' decision not to join OPEC will drastically reduce the producer group's 65-year influence on the oil market. This could lead to a price war once Gulf producers rush to regain their market share after the Iran War is over.

Bousso: The war between Iran and the US has handed OPEC's top producer to America.

Posted to Maritime Reporter on April 27, 2026

The U.S. is taking steps to protect the global economy against the oil crunch caused by the?Iran war. This includes boosting exports and easing sanctions selectively, as well as tapping into strategic reserves. Washington's reputation may suffer in some circles…

Bousso: The war between Iran and the US has handed OPEC's top producer to America.

Posted to Maritime Reporter on April 27, 2026

The U.S. intervened to protect the global economy against the oil crunch caused by the Iran War by boosting exports and?selectively relaxing sanctions, as well as tapping strategic reserves. Washington's reputation may suffer in some circles…

Cuba is able to enjoy some relief in the short term as Russian oil starts to flow

Posted to Maritime Reporter on April 23, 2026

Cubans began this week to reap the benefits of a recent 100,000-metric-ton delivery of Russian crude oil. This is a temporary lifeline to the 'energy starved nation' and it was the first large shipment of oil to arrive on the island since early this year when the United States cut off the fuel.

Ukraine reveals'stolen grain' from Russia during a call with Israel

Posted to Maritime Reporter on April 15, 2026

Andrii Sybiha, Ukrainian Foreign Minister, held a phone call with his Israeli counterpart Gideon Sa'ar in order to discuss the Russian vessel that he said was carrying grain'stolen' from Ukraine and docked at an Israeli port. Kyiv believes that…

TASS reports that a Russian grain ship thought to have been sunk by a Ukrainian drone attack has been found and towed back to shore.

Posted to Maritime Reporter on April 6, 2026

MOSCOW, 6 April - The state news agency TASS reported on Monday that a Russian ship carrying grain believed to?have sunk after a Ukrainian drone strike has been located?and towed?to?shore. Meanwhile, the death?toll has risen to?three, the report said.

Estonia declares that detaining Russian tankers in Baltic Sea would be too risky

Posted to Maritime Reporter on April 10, 2026

A NATO commander warned that Estonia would not detain Russian "shadow fleet" ships in the Baltic Sea. He was concerned that if they did, Moscow might defend these vessels militarily. Britain, along with other European nations such as France…

Officials in Russia claim that Ukrainian drones killed one person when they attacked a cargo vessel which sank.

Posted to Maritime Reporter on April 5, 2026

One person was killed and two others were missing after a cargo ship, carrying wheat, sank on the Sea of Azov, according to a 'Russian-installed' official. Vladimir Saldo is the leader installed by Moscow in the Russian-controlled areas of Ukraine's Kherson Region.

Lavrov, the Russian Foreign Minister, discussed the Strait of Hormuz (the Strait of Hormuz) with Iran's Foreign Minister

Posted to Maritime Reporter on April 2, 2026

The Russian foreign ministry reported that Russian Foreign Minister Sergei Lavrov discussed safety of navigation through the Strait of Hormuz with Iran's Foreign minister Abbas Araghchi by telephone on Thursday. The statement posted on the website…

Damaged Russian LNG Tanker Breaks Free from Tow Off Libya

Posted to Maritime Reporter on April 2, 2026

The Libyan Ports and Maritime Transport Authority reported that a Russian liquefied gas (LNG), tanker allegedly damaged in a suspected 'Ukrainian attack on the Mediterranean, sprang free in a storm while being towed by a Libyan tugboat. According to the Tripoli-based authority…

Saudi Aramco, Sonatrach and other LPG suppliers raise LPG prices by 38% to 80% in April.

Posted to Maritime Reporter on April 1, 2026

Due to a limited global supply, Saudi Arabia's Saudi Aramco and Algeria's Sonatrach raised their official'selling prices' for liquefied petrol gas by between 38% and 80% in April. The Middle East war has caused the biggest energy crisis in decades. Global prices have risen to record highs.
Trite but true, the path to decarbonization has no ā€˜silver bullet’ solution.
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