Posted to Maritime Reporter
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May 15, 2026
Four trading sources said that spot premiums for Russian's Far East ESPO blend crude oil to be delivered to?China in June and July, have lowered due to the weak Chinese refining margins as well as slow demand. Sources said that the decline inā¦
Posted to Maritime Reporter
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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. Japanā¦
Posted to Maritime Reporter
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May 12, 2026
The Ukrainian Grains Association's (UGA) head said that the corn crop in Ukraine is expected to increase to 32.6 million metric tons by 2026/27 from 31.3 million in?2025/26. Corn exports will also rise to 26 million tons, up from 22 million.
Posted to Maritime Reporter
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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.
Posted to Maritime Reporter
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May 8, 2026
Commodity traders reported on Friday that although rain has raised the water level on the Rhine River in Germany, it is still impossible to ship with full cargo loads. The river was too shallow in April and May due to dry weather, preventing ships from sailing with full loads.
Posted to Maritime Reporter
on
May 7, 2026
Fuel markets in the U.S. are flashing warning signals. Donald Trump has said repeatedly that gasoline prices would "drop like rocks" when the Iran conflict ended. The sharp and persistent declines in U.S. crude, gasoline and diesel stocks in recent months suggests otherwise.
Posted to Maritime Reporter
on
May 7, 2026
Fuel markets in the U.S. are sending out warning signals. Donald Trump has said that gas prices will drop "like a rock" once the Iran conflict is over. The sharp and persistent declines in U.S. crude, gasoline, and diesel stocks in recent months suggest otherwise. The risk goes beyond sticker shock.
Posted to Maritime Reporter
on
May 6, 2026
Iran's foreign minister stated on Wednesday that it would only accept a "fair and comprehensive agreement" with the U.S. in its negotiations to end the Middle East war, as President Donald Trump noted "great progress"? in the process. He didn'tā¦
Posted to Maritime Reporter
on
May 5, 2026
OPEC has been weakened more than anyone could have imagined just a few months ago by the military actions of U.S. president Donald Trump in Venezuela and Iran. White House may see this as a big win, but ultimately it could hurt both the U.S. energy markets and the U.S.
Posted to Maritime Reporter
on
May 5, 2026
OPEC has been weakened more than anyone could have imagined just a few months ago by the military actions of U.S. president Donald Trump in Venezuela and Iran. White House may see this as a big win, but ultimately it could hurt both the U.S. energy market and the U.S.
Posted to Maritime Reporter
on
May 4, 2026
Yonhap News reported on Monday that South Korea was verifying information indicating a vessel flying the flag of South Korea had been attacked in Strait of Hormuz. A spokesperson from South 'Korean shipper HMM said that a fire broke out in the engine room of one its bulk carriersā¦
Posted to Maritime Reporter
on
May 2, 2026
Donald Trump, the U.S. president, said that he had been informed about a possible deal with Iran but was awaiting the precise wording. He also warned of the possibility of resuming military strikes against the country in the event of Tehran's misbehavior.
Posted to Maritime Reporter
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May 2, 2026
A senior Iranian official said on Saturday that a proposal from Iran, which has been rejected by U.S. president Donald?Trump so far, would end the U.S. ban on Iran and open the Strait of Hormuz to shipping. Talks on Iran's nuclear program could be held later.
Posted to Maritime Reporter
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May 1, 2026
Venezuela's oil exports grew 14% in April to 1,23 million barrels per day, the highest level in over seven years. This was fueled by increased sales to India, Europe and the United States. Shipping data and documents provided by state-owned PDVSA were released on Friday.
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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.
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.
Posted to Maritime Reporter
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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 Importersā¦
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 levelā¦
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.
Posted to Maritime Reporter
on
April 28, 2026
The United Arab Emirates decision to leave OPEC is likely to have a dramatic impact on the producer group, which has been around for 65 years. It will also open the door to a price war when Gulf producers rush to regain their market share after the Iran conflict ends.
