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September 15, 2026
A truce on energy infrastructure that President Donald Trump negotiated between Russia and Ukraine may reduce one of the most immediate threats to the global diesel market. It is unlikely that it will reverse the severe supply shortage that has developed this year.
Posted to Maritime Reporter
on
September 9, 2026
How much oil flows through the Strait of Hormuz each day? All traders, energy executives, and government officials try to solve the mystery but come up with wildly divergent conclusions. This mystery is causing crude oil prices to be inflated…
Posted to Maritime Reporter
on
September 9, 2026
How much oil flows through the Strait of Hormuz each day? All are trying to solve the mystery, but they're coming up with wildly divergent conclusions. However, it is becoming increasingly apparent that this mystery could have introduced a residual premium to crude prices…
Posted to Maritime Reporter
on
September 2, 2026
According to trade data reviewed by, European gasoline refinery profits surpassed $62 per barrel on Wednesday. Fuel supplies are being squeezed due to conflicts in the Middle East, Ukraine and elsewhere. Eurobob E5 barges of physical gasoline were trading at a price premium of approximately $62…
Posted to Maritime Reporter
on
August 28, 2026
The U.S. president Donald Trump initially said that the Iran war would only last for four to five weeks. But we are now approaching the six-month mark. The financial markets' resilience in the face of what was thought to be an impending doomsday…
Posted to Maritime Reporter
on
August 24, 2026
The U.S. has operated its refineries at near-maximum capacity for over a quarter of a century. Refineries are scrambling to take advantage of the windfall profits created by the Iran War. History offers a warning: "Super-refining" runs can lead to major plant failures. This has global consequences.
Posted to Maritime Reporter
on
August 24, 2026
The U.S. has operated its refineries at near-maximum capacity for over a quarter of a century. Refineries are scrambling to take advantage of the windfall profits generated by the Iran War. History offers a warning: "Super-refining" runs can lead to major plant failures.
Posted to Maritime Reporter
on
August 15, 2026
Russia dismissed the idea of a truce with Ukraine at?the Black Sea on Friday, saying that it did not see any grounds for "half measures" which would?offer a respite to the opposing side. In recent weeks, both?Russia? and Ukraine increased their attacks on commercial ships in Black Sea.
Posted to Maritime Reporter
on
August 11, 2026
United Kingdom Maritime Trade Operations said on 'Tuesday' that it received a report about an incident involving a tanker ship and military forces, in the Gulf of Oman. This was after the vessel type had been changed from a tanker ship to a containership.
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on
August 10, 2026
Danish shipping group Maersk announced 'on Monday that another container service within its Gemini network, with Germany's Hapag-Lloyd, will resume sailing in the Red Sea and Suez Canal as part of a gradual return to this area. Most shippers…
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on
August 2, 2026
Shipping data showed that on Monday, two tankers carrying Saudi oil traversed the Bab el-Mandeb strait, while traffic in the Strait of Hormuz slowed after reports of vessel attacks. Kpler data revealed that the number of?commodity vessels passing…
Posted to Maritime Reporter
on
July 31, 2026
The oil price?fell Friday, but remained on course for a 5% monthly increase, as more'supplies' flowed into key maritime chokepoints. This was despite the?absence of any major breakthroughs in the talks between Iran and the United States. Brent…
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on
July 22, 2026
CMA CGM will impose a 'fuel surcharge for emergency situations' following the re-escalation of terrorism in the Strait of Hormuz, the French shipping company announced in an announcement posted on its website. Fuel prices have risen sharply…
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on
July 30, 2026
Sources with direct knowledge of the matter say that two tankers carrying Saudi oil for Indian refiners sailed "dark" through the Bab el-Mandeb Strait after Yemen's Iran-aligned Houthis declared a blockade against Saudi shipments. Two tankers…
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on
July 29, 2026
Ambrey, a maritime security company, said that a 'drone' reportedly impacted a U.S. owned gas storage tanker in Egypt’s mediterranean port of Damietta on Wednesday. The firm cited an initial assessment. Inchcape, a port services company, said…
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on
July 21, 2026
Tuesday, oil prices rose by 2% to a five week high. This was due to fears that the Middle East could be hit with more energy disruptions as a result of increased attacks between the U.S. Brent futures climbed $2.12 or 2.4% to $91.34 per barrel at 10:53 am EDT (1453 GMT). U.S.
Posted to Maritime Reporter
on
July 20, 2026
Warning signs are flashing in the global oil refinery industry. As conflicts in the Middle East, Russia and other energy markets ripple across the globe, the supply chain of products that fuel the global economy is increasingly stressed. Benchmark…
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on
July 17, 2026
U.S. The U.S. Ambassador to Italy Tilman Ferritta arrived on his superyacht in the lagoon of Venice, attracting protests against the policies of President Donald Trump and increased security. Fertitta is a 'billionaire entrepreneur' appointed by Trump.
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on
July 13, 2026
The United Arab Emirates Ministry of Defence announced on Tuesday that one Indian crew member died and eight other?were injured when two Emirati oil tankers were hit by Iranian cruise missiles in?the Strait of Hormuz. This was the latest escalation of the strategic waterway.
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on
July 13, 2026
A crew member from India is still missing after a container?ship flying the Cyprus flag was struck in the Strait of?Hormuz Sunday?and a?search?operation?is under way to find him. Cyprus' Deputy Ministry of Shipping announced on Monday. Authorities…