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South Korean milling company buys around 50,000 tons wheat from US traders, traders claim

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.

McGeever: The war in Iran is a 'TACO too far'

Posted to Maritime Reporter on March 12, 2026

The "Trump always cries out" strategy of buying beaten-down shares on the assumption that U.S. President Trump will eventually back down from more extreme policies has been,?for most part, a profitable investment strategy. The Iran war could change all that. The U.S.

Foreign ministry: Ships must coordinate their passage with Iran's Navy to pass Strait of Hormuz

Posted to Maritime Reporter on March 12, 2026

The spokesperson for the Iranian foreign ministry said that ships must coordinate with the navy of Iran to cross the Strait of Hormuz. This was reported by the?Mehr News Agency? on Thursday. Mojtaba Khmenei, the new Supreme Leader who succeeded his father in office…

McGeever: The war in Iran is a 'TACO too far'

Posted to Maritime Reporter on March 12, 2026

The "Trump always cries out" strategy of buying down-market stocks, assuming that the U.S. president will eventually back off his more extreme policy, has been profitable for most investors. But the Iran war could change that. The U.S. and Israeli attack on Iran…

Source in India says Iran will allow tankers with Indian flags to pass through Strait of Hormuz

Posted to Maritime Reporter on March 12, 2026

An?Indian source? said that Iran would?allow India flagged tankers to pass through the Strait of?Hormuz. Through this route, 40% of India's crude oil imports go, a?source? based in India denied the agreement. The Indian foreign ministry and…

Dmitriev, a Russian official, says that he has discussed the global energy crisis with U.S. counterparts

Posted to Maritime Reporter on March 12, 2026

The Russian presidential envoy Kirill Dmitriev stated that he discussed the current energy crises with his U.S. counterparts on Thursday as part of a meeting of the U.S. and Russia working group on economics which took place in Florida. Since the closure of the Strait o f?Hormuz on February 28…

Bousso: The release of historic oil reserves is a temporary bandage on the looming supply crisis.

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.

Oil tanker seized by US in Venezuela to transfer crude oil to smaller vessel

Posted to Maritime Reporter on March 11, 2026

Ship tracking data reveals that an oil tanker, seized by the United States for carrying Venezuelan crude oil, is going to 'transfer' the crude oil to a smaller vessel near the Texas coast which can then take it to shore. Last month, the United…

Bousso: The release of historic oil reserves is just a bandage on an erupting supply shock.

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.

South Korean milling groups buys around 32,000 tons of wheat from the US traders claim

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.

Taiwan bids on estimated 105.020 tons of wheat from the US

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.

State media report that Iran has arrested dozens of people, including a foreign national with ties to the US and Israel.

Posted to Maritime Reporter on March 10, 2026

The Intelligence Ministry announced on Tuesday that Iran has arrested dozens of people, including a foreign national. They were arrested for allegedly spying for the country's "enemies". ?and Israel. On February 28, the U.S., Israel and other countries launched airstrikes on Iran.

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.

CORRECTED - Southeast Asian refineries reduce output due to tightened crude supplies

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.

Taiwan's natural gas imports from the US will increase in June

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.

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…

As Asian buyers search for cargo, more LNG tankers are diverted.

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.

Greek seafarers strike for crews trapped in the Gulf after Iran war

Posted to Maritime Reporter on March 5, 2026

Greek seafarers started a 24-hour-long strike on Thursday. They halted local ferry services as they protested about vessel crews stuck in the Gulf during the Middle East conflict. The 'Iran - conflict' threatens Gulf ports, and has already disrupted the global trade via the Strait of Hormuz.

Kremlin: Iran hasn't requested Russian weapons supplies

Posted to Maritime Reporter on March 5, 2026

The Kremlin confirmed on Thursday that Iran has not approached Moscow to request?arms supplies. Russia condemned U.S. - Israeli strikes and demanded an immediate ceasefire. Iran signed a strategic partnership agreement with Moscow last year.

Iran conflict's effect on energy is temporary and a "small price," says US energy secretary

Posted to Maritime Reporter on March 4, 2026

Chris Wright, U.S. Energy secretary, told Fox News that the impact of 'the Iran conflict' on energy markets will be temporary. It is a'small price to pay for U.S. Military goals. The U.S., Israeli and Iranian strikes on Iran have escalated regional tensions.

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