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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…

Sources: Primorsk remains closed after drone attacks despite Ust-Luga restarting oil exports

Posted to Maritime Reporter on March 23, 2026

Three sources familiar with this matter claim that the oil loadings at Russia's Baltic Sea Port?of Ust-Luga recommenced?on Monday after an alert for drone attacks was lifted. Primorsk, however, remained closed following aerial strikes. According to two industry sources…

Treasury's Bessent: US has "plenty" of funds to wage war on Iran

Posted to Maritime Reporter on March 23, 2026

The?U.S. The?U.S. Bessent also ruled out any calls for tax increases in the "Meet the Press'" program on NBC News. Congress is sceptical about the U.S. government's request to spend $200 billion more on the Iran war after spending large amounts of money for defense last year.

Daily Mail reports that a UK nuclear-powered sub is positioned in the Arabian Sea amid tensions between regional countries.

Posted to Maritime Reporter on March 23, 2026

The Daily Mail reported that a British nuclear-powered submarine equipped with Tomahawk Cruise Missiles has taken up position in the Arabian Sea, giving Britain the ability to launch long-range attacks if the regional conflict escalates. Could not immediately verify the information.

Iran opens the Hormuz Strait to all ships except those with a 'traitorous' connection

Posted to Maritime Reporter on March 23, 2026

Iranian media reported that the Strait of Hormuz remains open to all ships except those linked to "Iran's enemy", according to reports published on Sunday. Ali Mousavi made his comments in an interview with Xinhua on Friday, just before U.S.

Iran is ready to work with IMO for Gulf maritime security, IMO representative states

Posted to Maritime Reporter on March 23, 2026

The Iranian representative at the U.N. maritime agency, reported the semi-official Mehr News Agency on Sunday, said that Iran is ready to "cooperate" with the International Marine Organization to "improve?"maritime safety 'and protect seafarers within the Gulf.

Japan not planning Hormuz escort mission, PM Takaichi says

Posted to Maritime Reporter on March 16, 2026

Sanae Takaichi, the Prime Minister of Japan, said on Monday that Japan has no plans to send naval vessels to escort vessels around the Middle East. Donald Trump has called on allies in the Middle East to help protect tankers that are traversing the Strait of Hormuz.

Takaichi, the PM of Japan, says that Japan has not yet planned an escort mission to Hormuz.

Posted to Maritime Reporter on March 15, 2026

Sanae Takaichi, Japan's Prime Minister, said that the country does not plan to send naval vessels to escort ships in a?Middle East? after Donald Trump asked allies to escort oil tankers through Strait of Hormuz. "We have not taken any decision about dispatching escort vessels." Takaichi…

Australia won't send naval ships to help open Strait of Hormuz

Posted to Maritime Reporter on March 15, 2026

A government minister?said?Monday that Australia would not send naval vessels to reopen the Strait of Hormuz. "We will not be sending a vessel to the Strait of Hormuz." Catherine King, who is a cabinet member for Prime Minister Anthony Albanese…

Operator says that the Greek tanker, which was hit by an unidentified object, suffered minor damage.

Posted to Maritime Reporter on March 14, 2026

The manager of Maran Tankers, said that a Greek-flagged vessel, the Maran Homer was struck by an unidentified object on 'Saturday as it waited for orders to enter Caspian Pipeline Consortium Terminal (CPC) at Novorossiysk. The vessel was struck…

Official from India says that a fuel tanker with Indian flag bound for Africa has set sail east of Hormuz.

Posted to Maritime Reporter on March 13, 2026

An Indian government official announced on Friday that the Indian flagged 'oil tanker Jag Prakash is now sailing from the east of the Strait of Hormuz. It will be delivering gasoline from Oman into Africa. Gulf shipping has been disrupted for the last two weeks, as Iran retaliates against the U.S.

Italy weighs up options after damaged Russian LNG tanker drifts into the Mediterranean

Posted to Maritime Reporter on March 13, 2026

Sources said that Italian authorities are considering how to handle a Russian "liquefied gas tanker" left adrift in the Mediterranean following what Moscow "described" as a Ukrainian drone strike, according to sources. The Russian transport ministry reported that Ukrainian drones…

US eases sanctions on Russia to calm price spike, angering European allies

Posted to Maritime Reporter on March 13, 2026

The United States granted a 30-day waiver to countries that want to purchase Russian oil or?petroleum stranded on the sea. This drew criticism from Germany and its allies in Europe, but was welcomed by Moscow. The U.S. Treasury secretary Scott?Bessent…

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.

Sources in the Iranian embassy and Sri Lankan media claim that bodies of 84 Iranian sailors will be returned to Iran from Sri Lanka.

Posted to Maritime Reporter on March 13, 2026

Sources in the Iranian Embassy in Colombo, as well as Sri Lankan media, reported that Friday. The bodies of the 84 Iranian sailors who were killed by a U.S. sub attack on a warship near?Sri Lankan coast last week would be repatriated. The U.S.

Minister says Turkish ship can pass through Strait of Hormuz

Posted to Maritime Reporter on March 13, 2026

Local media reported that Abdulkadir Uraloglu, the Turkish Transport Minister, had said that after receiving permission from Tehran authorities were able to allow a Turkish-owned ship to pass through the Strait of Hormuz. Haberturk reported that Uraloglu…

Turkey receives offers for 175,000 metric tons of barley

Posted to Maritime Reporter on March 13, 2026

Initial assessments by traders indicated that the lowest price offered in the first round of the tender was $270 per ton of supplies delivered from a Turkish warehouse. Barley that has already been imported to Turkey and is stored in warehouses with customs bonds can be offered in the tender…

US allows countries to purchase Russian oil that has been stranded on the sea for 30 Days

Posted to Maritime Reporter on March 12, 2026

The United States has issued a license to countries for a period of 30 days to purchase stranded Russian oil and petroleum products. This was done to help stabilize the global energy markets, which have been shook by the war against Iran. In…

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…

Ferretti Group yacht manufacturer Ferretti Group acquired a 3.4% stake from Biglari Holdings

Posted to Maritime Reporter on March 12, 2026

The U.S. investment firm Biglari 'Holdings announced on 'Thursday that it had purchased a 3,4% stake in the?Ferretti -Group. KKCG, a Czech investment group, is preparing to make a partial offer for the Italian yacht manufacturer. Biglari Holdings…

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