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Lavrov, the Russian Foreign Minister, discussed the Strait of Hormuz (the Strait of Hormuz) with Iran's Foreign Minister

Posted to Maritime Reporter on April 2, 2026

The Russian foreign ministry reported that Russian Foreign Minister Sergei Lavrov discussed safety of navigation through the Strait of Hormuz with Iran's Foreign minister Abbas Araghchi by telephone on Thursday. The statement posted on the website…

Damaged Russian LNG Tanker Breaks Free from Tow Off Libya

Posted to Maritime Reporter on April 2, 2026

The Libyan Ports and Maritime Transport Authority reported that a Russian liquefied gas (LNG), tanker allegedly damaged in a suspected 'Ukrainian attack on the Mediterranean, sprang free in a storm while being towed by a Libyan tugboat. According to the Tripoli-based authority…

Shipping data shows that Venezuelan oil exports have exceeded 1 million barrels per day for the first time in six months.

Posted to Maritime Reporter on April 1, 2026

According to data from ship tracking, Venezuelan monthly 'oil exports' surpassed 1 million barrels per a day for the first since September. Sales to refiners and trading houses in India, as well as shipments to the Caribbean by trading companies for storage, pushed up the volumes.

The US Gulf Coast tanker markets tighten as Asia replaces lost supply

Posted to Maritime Reporter on April 1, 2026

Shipping analysts and traders reported that the number of oil tankers available along the U.S. Gulf Coast had dropped sharply over the past few weeks as Asian and European refiners, cut off from Middle Eastern supplies, have purchased vessels to import fuel and oil from the United States.

Saudi Aramco, Sonatrach and other LPG suppliers raise LPG prices by 38% to 80% in April.

Posted to Maritime Reporter on April 1, 2026

Due to a limited global supply, Saudi Arabia's Saudi Aramco and Algeria's Sonatrach raised their official'selling prices' for liquefied petrol gas by between 38% and 80% in April. The Middle East war has caused the biggest energy crisis in decades. Global prices have risen to record highs.

South Korea purchased approximately 11,110 tons of US rice as part of a tender aiming for 74,382 tonnes

Posted to Maritime Reporter on March 30, 2026

Agro-Fisheries and Food Trade Corporation, a?state-owned company in South Korea. European traders reported that on Monday, they had purchased 11,110 metric tons of 'rice' 'expected to be sourced from United States. The other volumes sought in the international tender were not purchased, they said.

Data shows two LPG tankers bound for India crossing Strait of Hormuz and out of Gulf

Posted to Maritime Reporter on March 28, 2026

According to LSEG 'and Kpler' ship tracking data, two liquefied petrol gas?tankers BW Elm & BW Tyr are currently crossing the Strait of Hormuz on their way to India. Iran announced this week that non-hostile vessels could transit the waterway if coordinated with?Iranian officials.

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.

Algerian traders report that the country has bought 690,000 tonnes of milling wheat through a tender.

Posted to Maritime Reporter on March 26, 2026

Algeria's state grain agency OAIC bought around 690,000.00 metric tons milling wheat in an international tender that closed on Thursday, European traders reported. They said that the cost of a metric tonne, including freight and cost (c&f), was around $272.

Algeria purchases milling wheat at tender, traders claim

Posted to Maritime Reporter on March 26, 2026

European traders claim that Algeria's state grain agency OAIC bought?milling Wheat in an international bid which closed on Thursday. They said that initial purchases were reported at around $272 per metric ton, including cost and freight. Initial…

Iranian official: US war proposal is 'one-sided.' Diplomacy remains open.

Posted to Maritime Reporter on March 26, 2026

A senior Iranian official said that Iran's initial reaction to the U.S. proposal, which was emailed to Pakistan,?was a characterization of it as "unfair and one-sided". He added that there might be a way forward if Washington acted with realism.

Drone strikes tanker with Russian oil in Black Sea near Turkey

Posted to Maritime Reporter on March 26, 2026

The Turkish transportation minister confirmed that a drone had struck a crude oil tanker from Turkey, which was leaving Russia. This caused an explosion near the Bosphorus Strait in Istanbul's Black Sea. Abdulkadir Uraloglu, the minister of transportation…

NTV reports that a drone hit a Turkish crude oil tanker near the Bosphorus Strait.

Posted to Maritime Reporter on March 26, 2026

NTV reported that a Turkish crude oil tanker named the "Altura" was struck by a drone about '15 nautical miles (28 km) from Istanbul in the Bosphorus Strait. Its 27 crew members were unharmed. According to data from ship tracking, the vessel…

Delfin offshore Louisiana LNG final investment decision will be made as soon as the pipeline is approved

Posted to Maritime Reporter on March 25, 2026

Eduard Ruijs is the head of investment for Vitol. The company investing in this project, says that the final investment decision will be made in the Delfin LNG project, offshore Louisiana, in a few weeks or months. Ruijs said that the '13.2…

Taiwan's MFIG purchases about 65,000 tonnes corn from US traders, say

Posted to Maritime Reporter on March 25, 2026

European traders reported that Taiwan's MFIG buying group?bought 65,000 metric tonnes of?animal?feed corn expected to be sourced _from the United States?in an international tender held on Wednesday. The yellow corn purchased was at a premium estimated to be 199.95?U.S.

US increases fuel exports to Cuban private sector

Posted to Maritime Reporter on March 25, 2026

According to documents and data on shipping, U.S. suppliers shipped approximately 30,000 barrels of fuel this year to Cuba's private industry. This suggests a Trump administration plan to give the private sector a boost over state-run enterprises is in full swing.

Algeria announces tender for wheat purchase, traders claim

Posted to Maritime Reporter on March 24, 2026

?European Traders reported on Tuesday that Algeria's state grain agency OAIC had issued an international?"tender" to?buy flour milling. The tender stipulated shipment in two periods: June 1-15, and June 16-30. The traders stated that if the wheat is from South America…

Vitol, a global commodity trader, has increased its annual turnover to $343 billion

Posted to Maritime Reporter on March 24, 2026

Vitol, a global?commodities?trading?house, said on Tuesday that it would increase its revenues and trade more oil by 2025 as compared to 2024. The firm reported that the trading house's turnover grew by 3.6% last year to $343 billion, with its…

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…

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…