Posted to Maritime Reporter
on
March 16, 2026
Sanae Takaichi, the Prime Minister of Japan, said on Monday that Japan has no plans to send naval vessels to escort vessels around the Middle East. Donald Trump has called on allies in the Middle East to help protect tankers that are traversing the Strait of Hormuz.
Posted to Maritime Reporter
on
March 15, 2026
Sanae Takaichi, Japan's Prime Minister, said that the country does not plan to send naval vessels to escort ships in a?Middle East? after Donald Trump asked allies to escort oil tankers through Strait of Hormuz. "We have not taken any decision about dispatching escort vessels." Takaichi…
Posted to Maritime Reporter
on
March 14, 2026
The manager of Maran Tankers, said that a Greek-flagged vessel, the Maran Homer was struck by an unidentified object on 'Saturday as it waited for orders to enter Caspian Pipeline Consortium Terminal (CPC) at Novorossiysk. The vessel was struck…
Posted to Maritime Reporter
on
March 13, 2026
European traders reported that a group of 'South Korean flour mills' bought an estimated 50,000 metric tons of'milling wheat? to be sourced from United States at an international auction on Friday. The purchase included several different types of wheat and all were purchased on a FOB basis.
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.
Posted to Maritime Reporter
on
March 11, 2026
The International Energy Agency plan to release 400,000,000 barrels of oil reserves to the world is unprecedented and urgently needed to counter the devastating supply shock caused by the Iran War. But it will only offer limited relief so long as energy exports to the Middle East are blocked.
Posted to Maritime Reporter
on
March 11, 2026
The plan of the International Energy Agency to release 400,000,000 barrels of oil is unprecedented and urgently needed to counter the supply shock caused by the Iran War. It will only offer limited relief so long as energy exports to the Middle East are blocked.
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.
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.
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.
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.
Posted to Maritime Reporter
on
March 6, 2026
As buyers scramble to find replacement cargoes, more tankers are diverting their shipments towards Asia. The Middle East conflict has halted?tanker?traffic through the Strait of?Hormuz. It also disrupted the supplies of Qatar, which is the world's?second largest?seller of fuel.
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
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
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 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
The insurance companies have canceled war risk coverage on vessels in the Gulf due to the increasing conflict with Iran. This has caused at least four damaged tankers, two deaths of seafarers and 150 stranded ships around the Strait of Hormuz.
Posted to Maritime Reporter
on
March 2, 2026
Agro-Fisheries and Food Trade Corporation, a?state-owned corporation in South Korea. European traders reported on Monday that a?international tender has been issued to 'purchase' an estimated 74,382 tons of rice. About 33,300 tonnes of the total should be sourced in the United States…
Posted to Maritime Reporter
on
March 2, 2026
A number of marine insurers have announced that they are cancelling their war risk coverage for ships because of the conflict in the Gulf and Iran. According to notices posted on their websites dated March 1, insurers such as?Gard?, Skuld?, NorthStandard?…
