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Official: UK will convene further talks on Strait of Hormuz Strait next week

Posted to Maritime Reporter on April 10, 2026

A British official who was aware of the discussions said that Britain would convene the latest round of talks next week with its allies to discuss a way to open up the Strait of Hormuz for shipping without paying tolls to Iran. The official…

As ships reroute to the Cape, African bunkering hubs benefit

Posted to Maritime Reporter on March 23, 2026

The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…

Ship trackers reveal that another tanker carrying Iranian oil has passed through Hormuz.

Posted to Maritime Reporter on March 10, 2026

Data from ship trackers revealed that a supertanker?with 2 million barrels?of Iranian crude oil onboard?sailed?through?the?Strait of?Hormuz the previous day. This vessel is one of at least five others shipping oil to?Asia?since February 28.

Ship tracking data shows that a Greek-operated oil tanker carrying Saudi cargo passes through Hormuz.

Posted to Maritime Reporter on March 9, 2026

Analysis from ship tracking?platforms Kpler?and Lloyd's List?Intelligence on Monday showed that a?Greek operated oil tanker?sailed?through the Strait?of Hormuz?with?a?cargo?of Saudi Arabian crude?and its destination listed as India. MarineTraffic data showed that the Shenlong Suezmax tanker…

Sources: Malta-flagged container vessel hit by projectile at Hormuz and abandoned

Posted to Maritime Reporter on 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…

Pentagon: US forces capture third sanctioned oil-tanker in Indian Ocean

Posted to Maritime Reporter on February 24, 2026

The Pentagon announced?on Tuesday that U.S. forces had intercepted a sanctioned tanker in the Indian Ocean, after tracing it from Caribbean waters. This was the third interdiction of this kind in the region. Washington has stepped up its blockade of vessels going to or from Venezuela…

Middle East oil exports drive tanker costs up to a 6-year high amid US-Iran threat

Posted to Maritime Reporter on February 24, 2026

Industry sources claim that the cost of shipping crude oil has risen?to its highest level in six years. This is due to a surge of crude exports out of the Middle East, as traders rush to book charters before a possible conflict between the U.S.

Hapag-Lloyd acquires Israel's ZIM in global shipping deal for $4.2 billion

Posted to Maritime Reporter on February 16, 2026

Hapag-Lloyd, a German shipping company, announced on Monday that it would purchase Israel's ZIM for $4.2 billion. This will cement its position as the fifth-largest group in the world. The deal was met with a backlash from Israelis, as ZIM employees at the Haifa headquarters went on strike…

Source: Iran releases Greek-managed tanks seized in January 2024

Posted to Maritime Reporter on January 13, 2026

Iran has ?released ?the Greek-owned, Marshall-Islands-flagged tanker MT St. Nikolas it seized in the Gulf of Oman in January 2024, a ?company source told on Tuesday. Source: The vessel was released on 8th January and has been at Shinas Port in Oman since 12th January with 13 crew members on board.

Sources say that the Middle East war insurance rates are rising due to escalating tensions in Hormuz

Posted to Maritime Reporter on June 23, 2025

Insurance sources reported on Monday that war risk insurance rates for shipments into the Middle East Gulf region have increased to 0.5%, up from 0.2-0.3% one week earlier. This is due to U.S. strikes on Iran's nucleus facilities and the growing dangers to the Strait of Hormuz.

Maersk shipping company temporarily suspends Haifa port visits

Posted to Maritime Reporter on June 20, 2025

Maersk, a container shipping company, announced on Friday that it temporarily suspended vessel calls to Israel's Haifa Port due to regional tensions. The Danish company stated that it had not experienced any other disruptions in its planned operations in the area.

Ambrey Security says that the hijack call made by a ship near Iran was a false alarm

Posted to Maritime Reporter on May 21, 2025

Ambrey, a British maritime security company, said that a hijack signal sent by a Panamanian flagged petroleum products tanker near Iran was a false alert. Ambrey reported the incident on Tuesday, south of the busy Strait of Hormuz shipping lanes without naming "UAE-linked vessel".

French CMA CGM acquires Turkish Borusan Logistics subsidiary for $440 million

Posted to Maritime Reporter on April 27, 2025

According to a Turkish filing, CEVA Corporate Services, a subsidiary of French shipping giant CMA CGM, has agreed to buy Borusan Tedarik Zinciri Cozumleri ve Teknoloji's logistics division for $440m. Borusan Yatirim stated in the filing on the…

DP World's outlook is uncertain after a 28% drop in annual profits

Posted to Maritime Reporter on March 13, 2025

DP World, a Dubai owned ports and logistics firm, reported a 28% decline in annual profits on Thursday, citing increased finance costs. The company also highlighted an uncertain outlook because of "geopolitical risk" and a changing global trade landscape.

Chairman: 47 ships have rerouted through the Suez Canal in this month.

Posted to Maritime Reporter on February 23, 2025

Osama Rabi, the chairman of Egypt's Suez Canal Authority, said that since February 1, 47 ships had been diverted from Cape of Good Hope into Suez Canal. Rabie stated earlier this month that the Red Sea Crisis did not create an alternative route for the canal…

QIA subsidiary, Omani government investment firm to invest in Asyad Shipping IPO

Posted to Maritime Reporter on February 18, 2025

Asyad Shipping, a shipping company in Oman, announced on Tuesday that it will have as anchor investors a subsidiary owned by Qatar Investment Authority (QIA) and a local investment group owned by the Omani Government. Asyad Shipping - which transports liquefied gas (LNG)…

Yemen's Houthis complimentary team of Galaxy Leader after over a year, Al Masirah television reports

Posted to Maritime Reporter on January 22, 2025

Sea coast, Houthiowned Al Masirah TV reported on Wednesday. Palestinian militant group Hamas. Council as saying. car provider's owner Galaxy Maritime. Houthi forces at sea on Nov. of war in Gaza. agreement. criminal activities and siege of the Gaza Strip, he said.

Red Sea rescue operation underway for crew of cargo vessel

Posted to Maritime Reporter on December 5, 2024

Three maritime security sources confirmed on Thursday that a rescue operation was underway for the crew aboard a cargo ship flying the Panamanian flag, which had been abandoned near the port of Hodeidah at the Red Sea. The number of crew members on board and the cause of the accident were not known.

UK maritime agency reports that a vessel off the coast of Yemen reported a missile hitting nearby sea.

Posted to Maritime Reporter on November 18, 2024

The United Kingdom Maritime Trade Operations said that a vessel located 60 nautical miles south of Yemen's Aden reported a missile splashing in the water within its proximity on Monday. UKMTO said that both the vessel and crew were in safety.

After suspension of traffic due to vessel rudder malfunction, Bosphorus traffic will resume in Turkey

Posted to Maritime Reporter on November 17, 2024

The Transportation Ministry reported that the Nazann tanker with a length of 114 metres had a rudder problem. This caused the suspension of both directions in the Bosphorus Strait in Istanbul. The coast guard sent tugboats to the strait after the vessel had mechanical issues.
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