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Friday, September 11, 2026

Maritime Blogs Published

Data shows that shipping traffic through the Strait of Hormuz is below the 10-day average

Posted to Maritime Reporter on September 2, 2026

Preliminary shipping data on Wednesday showed that four commodity vessels passed through the Strait of Hormuz - down from ten a day before - and below the 10-day average of around '13. Initial data from shiptracker Kpler at 0200 GMT showed that four vessels transited: one very large crude tanker…

The deputy foreign minister of Russia says that Russia does not see any reason to resume the Black Sea grain agreement

Posted to Maritime Reporter on September 1, 2026

Alexander Grushko, deputy foreign minister, told reporters that Russia does not see any grounds for the Black Sea grain agreement to be resumed, as Russia and Ukraine continue to attack each other's grain export facilities. The United Nations…

ROI-Efficiency, or resilience? Joachim Klement: Democracies must choose one.

Posted to Maritime Reporter on September 1, 2026

Business and government have long sought to maximize efficiency. The pandemic, the trade wars, and the armed conflict have called this into question. They've also highlighted the importance of resilience. But this comes at a price, one that many elected officials are not willing to pay.

GRAINS-Chicago Wheat reaches multi-year high after Russia rejects Black Sea Grain Plan

Posted to Maritime Reporter on September 1, 2026

Chicago wheat futures hit a three-and-a-half-year high on Tuesday on reports that Moscow ?had rejected a moratorium on attacks in the Black Sea and struck port ?infrastructure in the region overnight, analysts said. Futures recovered from earlier…

GRAINS-Chicago Wheat reaches multi-year high on Russia's Black Sea Attacks

Posted to Maritime Reporter on September 1, 2026

Chicago wheat futures hit a three-and-a-half-year high on ?Tuesday on reports that Moscow had rejected a moratorium on attacks in the ?Black Sea and struck port infrastructure in the region overnight, analysts said. Futures reversed an earlier…

GRAINS-Chicago Wheat hits 3-1/2 year high on Russia's Black Sea Attacks

Posted to Maritime Reporter on September 1, 2026

Chicago wheat futures hit a three-and-a-half-year high on Tuesday on reports that Moscow ?had rejected a moratorium on attacks in the Black Sea ?and struck port infrastructure in the region overnight. Futures recovered from the earlier weakness…

Two tankers transporting Saudi oil are attacked in the Strait of Hormuz

Posted to Maritime Reporter on September 1, 2026

According to Marisks and Kpler, two supertankers carrying Saudi crude oil were hit by unknown projectiles minutes apart while they were transiting through the Strait of Hormuz on their way outbound late Monday. Marisks stated that "the near…

Iran's President says Tehran will reciprocate, if the US honours its commitments under the interim deal

Posted to Maritime Reporter on September 1, 2026

On Tuesday, President Masoud Pezeshkian stated that Iran would immediately reciprocate?if the United States returns its commitments under an interim deal?signed in June. His comments were made at the Shanghai Cooperation Organisation Summit…

As Turkey prepares Black Sea grain transit plan, Chicago wheat falls.

Posted to Maritime Reporter on September 1, 2026

Chicago wheat futures dropped on Tuesday, after Turkey announced that it was in contact with Russia and Ukraine regarding grain shipping via the Black Sea. Soybeans rose, but corn fell. By 0320 GMT, the most traded wheat contract on the Chicago Board of Trade (CBOT), fell by 0.29%.

Paris wheat prices fall on hope for Black Sea shipping agreement

Posted to Maritime Reporter on August 31, 2026

European wheat prices fell sharply Monday as profit-taking after Friday's contract highs was sparked by renewed remarks?by Turkey regarding seeking a diplomatic resolution to?stop the war disruption of Black Sea grain transportation. At 1630 GMT on Friday…

Grain prices in Chicago, corn and soybeans are down on the back of selling pressure following recent highs

Posted to Maritime Reporter on August 31, 2026

Chicago wheat fell on Monday due to selling pressure after reaching a 'three-year-high' in the previous session. Fears that fighting will disrupt grain exports from Russia and Ukraine for a long time weighed on traders. Corn and soybeans fell…

UAE denies Al Minhad Air Base is a target after Iran claims it attacked base

Posted to Maritime Reporter on August 31, 2026

In a statement from the defence ministry, the UAE denied reports that 'Al Minhad Air Base' had been hit by missiles. The?ministry stated that the armed forces were in a state of high readiness to respond to threats and protect the sovereignty, security and stabilty of the?UAE.

Nournews: Iran denies the attack on Kharg Island and calls Trump's tweet 'laughable.'

Posted to Maritime Reporter on August 31, 2026

According to Nournews he said that oil 'operations' at Iran's 'Kharg Island' have not stopped. He also denied that the 'key oil hub' was being destroyed, as U.S. president Donald Trump's post on social media had claimed. Nournews quoted him…

Chicago wheat drops after reaching a three-year-high on Black Sea disruptions

Posted to Maritime Reporter on August 30, 2026

Chicago wheat futures declined on Monday, after soaring to a?three-year high during the previous session due to?grain import disruptions in Black Sea Region. Corn and soybeans gained. Chicago Board of?Trade? (CBOT), the most traded wheat contract, fell 0.54% by 2100 GMT to $7.79-3/4 per bushel.

Boat capsizes with 270 passengers off North Cyprus, one dead

Posted to Maritime Reporter on August 30, 2026

Turkish Cypriot Media reported that one person died when a boat capsized with 270 people aboard off North Cyprus Sunday. Erhan Arikli, Turkish Cypriot Transport Minister, told Anadolu one person died when the ferry capsized. Erhan Arikli said that there were 267 passengers on board.

Malaysia PM announces measures to reduce living costs and support local businesses

Posted to Maritime Reporter on August 30, 2026

Anwar Ibrahim, the Malaysian prime minister, announced measures on Sunday to combat rising living costs and support businesses. These included restoring higher quotas of subsidised petrol and Diesel?purchases as well as additional funding for schools and small traders.

GRAINS-Chicago Wheat maintains three-year-high on Black Sea tensions

Posted to Maritime Reporter on August 28, 2026

Chicago wheat futures reached a new three-year high on Friday as the market focused on military escalation along the Black Sea which threatens to put a squeeze on Russian and Ukrainian imports. Corn and soybeans reached 'new multi-year highs and lifetime contract highs.

GRAINS-Chicago Wheat maintains three-year-high on Black Sea tensions

Posted to Maritime Reporter on August 28, 2026

Chicago wheat futures reached a new three-year high on Friday as the market continued to focus on the military escalation in the Black Sea that threatens to put a squeeze on Russian and Ukrainian exports. Corn and soybeans reached new?multiyear highs. This was further supported by doubts about U.S.

Old Navy's growth is rekindled by Gap after it hires a retail veteran.

Posted to Maritime Reporter on August 28, 2026

Gap's stock jumped by?about 22 percent in early Friday trading after the apparel retailer named industry veteran Michael Francis as CEO of Old Navy. Gap's largest brand, Old Navy, has been struggling to gain traction with select women's clothing categories over the past few quarters.

Russian domestic grain prices plunge 36% after Black Sea exports halted

Posted to Maritime Reporter on August 28, 2026

According to the Sovecon consulting firm, domestic grain prices have fallen by 36% in Russia since June due to a stop in exports via the Black Sea and the Sea of Azov. This has squeezed farmers' margins when the new crop is introduced on the market.

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