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Bangladesh's ambitious wind energy plans are slow to progress

Posted to Maritime Reporter on April 23, 2026

South Asia relies on imported energy for 95% of their needs. The price increases following the Middle East war have been devastating. Wind and solar energy, which are renewable, can help break this dependency. Solar power is the largest renewable energy source in Bangladesh…

Cuba is able to enjoy some relief in the short term as Russian oil starts to flow

Posted to Maritime Reporter on April 23, 2026

Cubans began this week to reap the benefits of a recent 100,000-metric-ton delivery of Russian crude oil. This is a temporary lifeline to the 'energy starved nation' and it was the first large shipment of oil to arrive on the island since early this year when the United States cut off the fuel.

Italy is ready to deploy 2 minesweepers on the Hormuz Strait according to navy chief

Posted to Maritime Reporter on April 23, 2026

The chief of the navy's staff said that Italy was ready to send up to four vessels, including minesweepers as part of an international effort to clear the Strait of Hormuz. Last week, European leaders met in Paris to discuss a multi-national effort to protect shipping along the Strait of Hormuz.

Russia increases LPG rail exports to China by 21% in March m/m

Posted to Maritime Reporter on April 23, 2026

Sources said that Russia increased its liquefied gas exports to China by 21% in March compared to February. This was due to the increase in trading after the Chinese New Year holiday and the lack of Middle East supplies. Due to European sanctions…

Executives say that Asian shipowners will cross the Hormuz first before Western companies.

Posted to Maritime Reporter on April 22, 2026

Shipping executives at the FT 'Commodities - Global Summit on Wednesday said that Asian ship owners - who have a greater risk tolerance - may soon begin sailing through the Strait of Hormuz, despite a fragile ceasefire between the U.S. and Iran.

Three vessels struck by gunfire on Strait of Hormuz; crews are safe

Posted to Maritime Reporter on April 22, 2026

According to maritime security'sources' and United Kingdom Maritime Trade Operations (UKMTO), at least three container ships were hit by gunfire on Wednesday in the Strait?of?Hormuz. Iran has placed restrictions on the use of the Strait by ships, initially in retaliation to the U.S.

Ferretti shareholders submit rival board slates in advance of the May 14 showdown

Posted to Maritime Reporter on April 20, 2026

The two largest shareholders of Ferretti filed rival slates of candidates for the renewal of the Italian Yacht Maker's Board on Monday, setting up a fight at the annual meeting of the company on May 14. Czech investor KKCG Maritime has submitted…

Data shows that a tanker has left Hormuz and is heading for South Korea's HD Hyundai Oilbank.

Posted to Maritime Reporter on April 20, 2026

Shipping data revealed that an oil tanker was heading to South Korea's HD Hyundai Oilbank, after passing the Strait of Hormuz. Kpler data showed that the Malta-flagged Odessa sailed through the strait in April 2013, but it did not specify where the tanker loaded its oil.

New York Times Business News - April 20, 2019

Posted to Maritime Reporter on April 20, 2026

These are the top business stories from the New York Times. These?stories have not been?verified' and?the?New York Times cannot vouch for the accuracy of these stories. After two months of war, sales in the Persian Gulf countries have plummeted. Chris Wright, U.S.

Data shows that a tanker is on its way to South Korea, Hyundai Oilbank.

Posted to Maritime Reporter on April 20, 2026

Shipping data revealed that an oil 'tanker' is headed to South Korean refiner Hyundai Oilbank in order to discharge its cargo after passing through the Strait of Hormuz. The Malta flagged Odessa passed the strait in April 13 Kpler data showed, but did no indicate where the tanker loaded the oil.

Iraq resumes oil exports to the south after a month-long stop due to disruptions in Hormuz

Posted to Maritime Reporter on April 17, 2026

Four energy sources reported that 'Iraq resumed its southern oil exports Friday, after a halt of more than a month caused by disruptions in shipping through the Strait of Hormuz. One tanker has begun to load crude. Iraqi ports & energy sources…

Senior Iranian official: There are still significant differences between Iran and the US, including in nuclear issues

Posted to Maritime Reporter on April 17, 2026

A senior Iranian official said on Friday that there are still significant differences between Iran and the United States in order to reach an agreement to end the 'war.' He added that the U.S. must adhere to the ceasefire terms if it wants to keep the Strait of Hormuz opened.

Russia sends first wheat via Caspian Sea to Iran in years

Posted to Maritime Reporter on April 17, 2026

Data showed that Russia will send wheat to Iran via the Caspian sea for the first time since years, in the first quarter of 2026. The war in the Middle East has made the salt lake a more important trade route between the two countries. The Black…

Starmer: Over a dozen nations offer to take part in the Hormuz Mission

Posted to Maritime Reporter on April 17, 2026

Several dozen countries have said they are willing to 'join an international mission for the protection of?shipping along the Strait of Hormuz if conditions allow,' said Britain, at a time when Donald Trump, U.S. president, said he didn’t need any allies’ help.

Nornickel claims that higher prices will offset the increased costs and delivery time from the Iran war

Posted to Maritime Reporter on April 17, 2026

Russian metals manufacturer Nornickel said the Iran war had extended delivery times by three weeks for its base metals exports and increased freight costs, but that higher metal prices offset the additional expenses. U.S.-Israeli strikes on Iran have paralyzed shipments through Strait of Hormuz…

Merz pledges German contribution to Hormuz mission, says US input 'desirable'

Posted to Maritime Reporter on April 17, 2026

German Chancellor Friedrich Merz stated 'on Friday' that his country was "prepared" to contribute a mission that would ensure freedom of navigation through the Strait of Hormuz. Merz, along with his counterparts in France, Britain, and Italy…

When the conflict ends, countries will discuss the mission of Hormuz

Posted to Maritime Reporter on April 16, 2026

France and Britain are hosting a meeting of 40 countries on Friday. The purpose is to signal the United States that some of its closest allies will be'ready' to play a part in restoring the freedom of navigation through the Strait of Hormuz, once the conditions permit. Since the beginning of U.S.

How the US can clear mines in the Strait of Hormuz

Posted to Maritime Reporter on April 16, 2026

The United States could use drones, robots with explosives and helicopters in order to reduce the risks. However, de-mining teams could still be at risk from Iranian attacks. As part of its efforts to stop Iran's shipping disruption, the U.S. wants to clear the Strait of Mines.

The Iran War exposes the weakness of Britain's military

Posted to Maritime Reporter on April 16, 2026

After years of warnings by military chiefs that the UK's capabilities were shrinking, the Iran war left Britain's armed services exposed. This put pressure on Keir starmer, Prime Minister, to make good on his promise to invest in defence. After…

Iran suspends exports of petrochemicals until further notice

Posted to Maritime Reporter on April 16, 2026

The economic newspaper Donya-e-Eqtesad published a report on Thursday that Iran had halted all exports of petrochemicals in order to 'prioritise the domestic supply' and prevent shortages. This was due to the?disrupted production? after Israel attacked several petrochemical centers.

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