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March 4, 2026
Shipping sources reported that the crew of the Maltese container ship Safeen Prestige abandoned ship after it was damaged by a projectile as it sailed towards?the top of the Strait of Hormuz? on Wednesday. Vanguard, a British maritime risk management company…
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March 4, 2026
European traders reported that Jordan's state grain buyer bought?about 50,000 tons of?? animal feed??? barley? on Wednesday? in an international tender looking for up to 120,000 tonnes. According to traders, the barley was reportedly purchased…
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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…
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March 2, 2026
Analysts say that disruptions to the marine traffic in the Middle East Gulf could prevent the region's aluminium smelters not only from exporting their metal but also from receiving the raw materials needed to continue producing metal. Gulf…
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February 26, 2026
OPEC+ will meet on Sunday to decide its next production step amid increased geopolitical 'friction' affecting almost a third its output. This volatility could give the group the cover it needs to maintain its narrative of a balanced market, even if the reality on the ground suggests otherwise.
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February 24, 2026
The Pentagon announced a?on?Tuesday that U.S. forces had captured an oil?tanker sanctioned in the Indian Ocean, after tracking it from Caribbean waters. It was the third such?interdiction. The U.S. Department of Defense announced in a post to X that its forces had boarded Bertha over night.
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February 20, 2026
Denmark's maritime authority said?on Thursday that they had detained and examined a container ship with an Iranian flag anchored in Danish waters because it was not properly registred. According to LSEG, the ship was originally sailing under a Comoros 'flag.
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February 12, 2026
Initial assessments by traders indicated that the lowest price offered in the first round tender of the 'Turkey state grain board TMO for the purchase and import of 255,000 metric tons of animal feed barley was $266.20 per ton, cost and freight included.
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January 16, 2026
An industry source said that oil exports via the Caspian 'Pipeline' - consortium, which transports oil from Kazakhstan to a Russian terminal in the Black Sea - plummeted 24% in December following a drone strike. Sources claim that exports fell?from November to 3.98 metric tonne…
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January 12, 2026
Maersk, a Danish shipping company, announced on Monday that one of its vessels had successfully navigated the Red Sea and Bab El-Mandeb Strait. This comes weeks after the firm tested the route in anticipation of normal shipping traffic following the Gaza ceasefire.
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December 7, 2025
The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments ratchet sanctions up on those who skirt the sanctions will determine the final outcome. The West will need to move quickly…
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December 4, 2025
Hapag-Lloyd's chief executive, who is the fifth-largest container company in the world, said that there was no set date for the return of shipping through the Suez Canal. In an online chat with customers, CEO Rolf Habben Jansen said that no date has been set for a return to normal operations.
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November 21, 2025
Traders said that the price of animal-feed barley is now equal to or higher than milling wheat in Europe, a trend unusually driven by export demand. Feed barley is typically sold at a significant discount to bread wheat. The grain industry is heavily supplied…
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November 6, 2025
Ambrey, a maritime security company, reported on Thursday pirates had boarded a tanker flying the Malta flag off the coast of Somalia. Ambrey, in a statement, said that pirates had approached the tanker on a skiff. They then opened fire. The pirates operated from a hijacked Iranian flagged dhow.
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October 23, 2025
European traders reported on Thursday that Algeria's state grain agency OAIC purchased approximately 600,000 metric tonnes of milling wheat at an international auction which ended on Wednesday. The trader estimates for the purchase of Wednesday evening ranged between 500,000 and 600,000 tonnes.
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October 23, 2025
Multiple sources said that several suppliers had cancelled sales to Yulong Petrochemical of Middle Eastern oil and Canadian crude after the UK imposed its sanctions. This is likely to force the refiner to purchase more Russian crude. The refiner is China's latest with a daily capacity of 400…
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October 7, 2025
Intercereales' Philippe Heusele said that French wheat exporters would supply Morocco with 3.5 million tons of soft wheat, or two thirds, during the 2025-2026 harvest season. Moroccan traders and French grains associations Synacomex estimate…
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October 1, 2025
European traders reported that Jordan's state grain purchaser purchased approximately 60,000 metric tonnes of animal feed barley in an international bid seeking up to 122,000 tons on Wednesday. The traders reported that the barley had been purchased…
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September 30, 2025
According to the EU maritime mission Aspides and its operator, the Dutch flagged cargo ship Minervagracht, was on fire and drifting in the Gulf of Aden, Tuesday. A day earlier, it had been hit by an explosive that injured two sailors and forced them to evacuate.
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September 25, 2025
LSEG data show that a vessel will arrive in the French port of Dunkirk, north of France, on Sunday, to load approximately 60,000 metric tonnes of wheat for Egypt. This confirms a part of a previous purchase by Egypt's grain buyer. Last month…
