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EU is preparing to fight again with US over carbon shipping tax

Posted to Maritime Reporter on April 24, 2026

The European Union agreed to continue pushing for a global "price" on shipping's CO2 emission in U.N. discussions next week. This could lead to another clash with the United States. The International Maritime Organization (IMO) decided to delay…

EU is preparing to fight again with US over carbon shipping tax

Posted to Maritime Reporter on April 24, 2026

The European Union countries decided on Friday to continue pushing for a "global" price on CO2 emissions from shipping in U.N. discussions next week. This could lead to another clash with the United States. The International Maritime Organization…

US buyers purchased wheat from Poland during the past week, traders report

Posted to Maritime Reporter on April 23, 2026

European traders reported on Thursday that buyers in the United States purchased milling wheat from Poland during recent weeks because they were looking for cheaper supplies due to high U.S. prices. The volume involved was estimated differently.

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.

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.

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…

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…

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.

Document says that Italy's ENI loaded Venezuelan heavy oil cargo bound to Europe.

Posted to Maritime Reporter on April 14, 2026

This week, oil and gas 'producer ENI?finished loading the first cargo of Venezuelan heavy?crude to reach Spain in nearly two years. Since Caracas and Washington agreed on a landmark supply deal in January, trading?houses such as Trafigura, Vitol…

APK-Inform reduces Ukraine grain harvest forecast for 2026

Posted to Maritime Reporter on April 13, 2026

Ukrainian 'APK-Inform' agriculture consultancy announced a?revision down of Ukraine’s 58.2 metric ton?grain harvest forecast for 2026. This is compared to the previous outlook 58.6 metric ton?and to 61.1 million tones harvested in 2025. The…

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…

Asda in Britain is hit by fuel shortages due to the Iran war.

Posted to Maritime Reporter on March 27, 2026

Asda's boss said that the U.S. and Israeli 'war on Iran' has caused a spike in demand for fuel, resulting in temporary?shortages? at some of their forecourts. Fears of higher prices and supply disruptions from the conflict are driving motorists to fill up more often.

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…

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…

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…

Union estimates that the first barley crop export price in Ukraine for 2026 will be between $203 and $205/t.

Posted to Maritime Reporter on March 10, 2026

Ukrainian farmers' union UAC announced on Tuesday that the first forward prices for Ukrainian barley from the 2026 harvest will be?in a?range of?$203-$205 per metric ton at CPT Black Sea, and about $208 for grain with high quality. Ukraine is…

Trump will hold a Monday press conference following the close of the markets

Posted to Maritime Reporter on March 9, 2026

U.S. President?Donald Trump announced that he will hold a news conference on Monday, before returning from Florida to Washington. He did not give any details as to what he planned to discuss. After the close of?US. The markets close. The news…

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 say that Shell-CNOOC China's joint venture will close its steam cracker because of disruption in feedstock.

Posted to Maritime Reporter on March 6, 2026

Shell's petrochemical complex in south China, a joint venture with China's CNOOC plans to shut down a steam breaker "soon". It has also informed domestic customers that it is unable to provide certain products. CNOOC & Shell 'Petrochemicals Company Ltd…

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