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March 7, 2026
Subrahmanyam Jishankar, India's Foreign Minister, said that India allowed an Iranian warship docking as a 'humanitarian gesture' on Saturday, following the U.S. sinking of another Iranian navy ship off neighbouring Sri Lanka. An Indian government…
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on
March 6, 2026
Iranian state media reported that a spokesperson for Iran's revolutionary?guards challenged U.S. president Donald Trump to dispatch U.S. naval?vessels in order to escort oil tanks through the Strait of Hormuz. Trump stated on Tuesday that the U.S.
Posted to Maritime Reporter
on
March 6, 2026
Venezuela resumed this month exports of the diluted crude oil (DCO) that has not been shipped since late 2024. U.S. Chevron sent a 500,000 barrel cargo to the U.S. Gulf Coast. This grade is popular with refiners from countries such as the United States and India.
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March 6, 2026
In a statement, the Justice Department announced that on Friday, United States?filed civil forfeiture cases for more than $15.3?million. This money was allegedly used to fund an illegal Iranian oil distribution system. The 'Justice Department'…
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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…
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on
March 6, 2026
According to a State Department internal cable seen on Friday, the United States has urged Sri Lanka's government to not repatriate survivors of the Iranian warship they sank earlier this week. The U.S. sub sank IRIS Dena, a warship of the Iranian Navy in the Indian Ocean on Wednesday.
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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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on
March 6, 2026
According to shiptracking and two trade sources, two tankers with fuel loaded from Reliance Industries, India, that were heading?to Europe have now made a u-turn and are bound for Asia. The refiner is taking advantage of the firm margins in Asia as the Iran War is squeezing the supply.
Posted to Maritime Reporter
on
March 6, 2026
As buyers scramble to find replacement cargoes, more tankers are diverting their shipments towards Asia. The Middle East conflict has halted?tanker?traffic through the Strait of?Hormuz. It also disrupted the supplies of Qatar, which is the world's?second largest?seller of fuel.
Posted to Maritime Reporter
on
March 6, 2026
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. BANIJAY GROUP N.V. Dutch content production and distribution company Banijay Group announced a full-year revenue totaling 4.88…
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on
March 6, 2026
Fuel oil traders in Asia struggle to find alternative supplies as the Iran War curtails shipments through the Strait of Hormuz from Middle Eastern suppliers. This has prompted them to look for cargoes in the West. In the coming weeks, a'shortage' of Middle Eastern fuel oil will dent supply…
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on
March 5, 2026
Jamal Al-Ghurair told the media on Thursday that Al 'Khaleej sugar, operator of the largest port-based sugar refinery in the world, is 'operating normally' and still open for exports and imports. Al-Ghurair stated that the company could use…
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March 5, 2026
European powers announced on Thursday that they will 'work together to safeguard the shipping in Red Sea, and send naval assets and other resources to protect Cyprus. The conflict has spread beyond Gulf States to the Mediterranean and even as far as Asia…
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on
March 5, 2026
Greek seafarers started a 24-hour-long strike on Thursday. They halted local ferry services as they protested about vessel crews stuck in the Gulf during the Middle East conflict. The 'Iran - conflict' threatens Gulf ports, and has already disrupted the global trade via the Strait of Hormuz.
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on
March 5, 2026
According to traders, analysts and sources, Kuwait and the United Arab Emirates will reduce their output next if they can't export crude through the Strait of Hormuz because of the "Iran Crisis" as storage tanks fill. After six Iranian attacks on vessels…
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on
March 5, 2026
Sources and LSEG data show that a tanker is seen heading 'to Russia's Black Sea Port?of Novorossiysk to?"load _diesel" after the facility had suspended operations Monday due to a drone strike. According to shipping?data the Cameroon flag tanker…
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on
March 5, 2026
The Kremlin confirmed on Thursday that Iran has not approached Moscow to request?arms supplies. Russia condemned U.S. - Israeli strikes and demanded an immediate ceasefire. Iran signed a strategic partnership agreement with Moscow last year.
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March 5, 2026
A spokesperson for Bunge, the global grains 'trader', said that they are exploring alternative shipments routes to reduce disruptions due to conflict in the Middle East. After the?U.S. and Israeli strikes on Iran, shipping through the Strait?of Hormuz has been disrupted…
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on
March 5, 2026
LSEG ship tracking data showed that a 'tanker' carrying liquefied natural -gas from Russia’s Arctic LNG 2 plant diverted away from the Mediterranean Sea and sailed around Africa after an attack this week which sank a'similar Russian vessel near Libya.
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on
March 5, 2026
Sri Lanka claimed that it was "trying to safeguard?lives?" on a second Iranian vessel?offshore its coast, on Thursday. This comes a day after the U.S. launched a submarine attack on an Iranian warship, which Iran described as an "attack" the U.S. "bitterly regretted".
