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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…

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 tracking data shows that Iran-linked vessels are driving traffic through the Strait of Hormuz -

Posted to Maritime Reporter on April 10, 2026

According to ship tracking data, the majority of ships that sailed through the Strait of Hormuz?in?the?past?day were connected to Iran. Other vessels are putting off making voyages despite a?two week ceasefire reached this week by?Tehran? and Washington?, data and shipping sources say.

Hapag-Lloyd says normal shipping will resume in 6-8 weeks, if the Middle East stabilises

Posted to Maritime Reporter on April 8, 2026

Hapag-Lloyd expressed cautious optimism on Wednesday about the prospects of resuming shipping in the Strait of Hormuz after a?two-week 'ceasefire' agreed by?the U.S.?and Iran. However, it said that normal traffic across its entire network would not resume for at least six to eight weeks.

CK Hutchison Panama's unit files arbitration against Maersk regarding ports takeover

Posted to Maritime Reporter on April 7, 2026

PPC of Hong 'Kong conglomerate CK Hutchison, a 'Panama' unit, has filed an arbitration 'against 'Maersk 'after taking over two strategic ports close to the Panama Canal, which are the centre of a 'legal battle' that has engulfed Beijing and Washington.

Maersk suspends operations in Oman's Salalah Port due to security incident

Posted to Maritime Reporter on March 28, 2026

Maersk, a Danish container shipping company, has temporarily suspended?its operations?at the Port of Salalah in Oman. This was due to a security incident which occurred on Saturday morning. The shipping giant released a statement saying that all Maersk crew were safe and accounted.

Data shows that Saudi Arabia is increasing Yanbu crude oil production to circumvent the Hormuz blockade.

Posted to Maritime Reporter on March 24, 2026

Shipping data show that Saudi Arabia's Red Sea Yanbu port exported nearly 4 million barrels of crude oil per day in the past week. This is a significant increase over exports before the Iran War broke out. Saudi Aramco is working on a plan that…

UK looks at expanding its regulatory powers to combat energy price gouging and profiteering

Posted to Maritime Reporter on March 23, 2026

Keir Starmer, Britain's Prime Minister, said on Monday that his government may re-examine the powers of the Competition Regulator to combat price gouging in the energy market. Starmer, a member of a parliamentary committee, said: "We are looking at ways to combat 'profiteering.

Starmer: UK must prepare for a prolonged Middle East conflict

Posted to Maritime Reporter on March 23, 2026

Keir Starmer, British Prime Minister, said on Monday that Britain must prepare for the possibility that a war with Iran could last for some time. He added that there were no "meaningful" concerns about energy supply. Starmer said that the emergency…

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.

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…

US agency to insure maritime losses up to $20 billion in Gulf

Posted to Maritime Reporter on March 6, 2026

?The ?U.S. The U.S. The President Donald Trump ordered on?Tuesday the DFC to provide financial and political guarantees for maritime trade within the Gulf, after the transit of oil and liquefied gas tankers?had halted in the Straight?of Hormuz…

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…

Shipping CEO: About 10% of the global container fleet is caught up in Hormuz backlog

Posted to Maritime Reporter on March 2, 2026

Jeremy Nixon (CEO of Ocean Network Express) said that container ships accounted for about 100 of the 750 ships backed up around 'the Strait of Hormuz after U.S. Nixon told a container shipping conference in Long Beach California that "about…

Asian airline shares drop as US-Iran conflict disrupts traveling and raises oil prices

Posted to Maritime Reporter on March 1, 2026

Airline shares fell on Monday. Hong Kong's Cathay Pacific and Australia's Qantas Airlines, as well as Singapore Airlines, Japan Airlines, and Singapore Airlines all dropped more than 5%. This was after Israel and the U.S. launched strikes against?Iran over the weekend…

Denmark talks to Ukrainian drone manufacturer Skyfall about hosting production

Posted to Maritime Reporter on February 24, 2026

The Danish defence ministry announced on Tuesday that Ukrainian drone manufacturer 'Skyfall' is in discussions with the country about becoming the'second defence firm from the war-torn nation to set up production on Danish soil. The firm stated…

Expeditors tops quarterly estimates on strong customs brokerage demand

Posted to Maritime Reporter on February 24, 2026

The demand for its customs brokerage services helped Expeditors international of Washington to report a profit and revenue in the fourth quarter that exceeded Wall Street expectations. Customs-related activities have increased as a result of President Donald Trump's new trade policies.

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…