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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…
Posted to Maritime Reporter
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.
Posted to Maritime Reporter
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 4, 2026
On Wednesday, Russian President Vladimir Putin said that Russia could halt gas supplies to European markets and?move on to other more lucrative markets. According to EU officials and a document seen, the European Commission will present a proposal on April 15 to ban Russian oil imports permanently.
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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…
Posted to Maritime Reporter
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March 3, 2026
On Tuesday, President Donald Trump stated that the U.S. military had been successful in destroying many Iranian air and naval targets. He said "almost everything" was destroyed. Responding to questions from reporters, Trump said that he had…
Posted to Maritime Reporter
on
March 3, 2026
Iraq has reduced oil production by almost 1.5 million barrels per day. These cuts could increase to over 3 million bpd in a few days, as the country is running out of storage space and can't export crude oil due to the Iran Crisis. Iraqi officials…
Posted to Maritime Reporter
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March 3, 2026
The Times newspaper reported on Tuesday that Britain plans to send a warship to defend its Royal Air Force Akrotiri in Cyprus against Iranian attacks. A 'drone attack' by Iran hit the runway at the Akrotiri base early on Monday morning. Britain said that UK assets were targeted.
Posted to Maritime Reporter
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March 2, 2026
Police and intelligence sources confirmed that Greek authorities detained a 36-year old man for allegedly spying on the U.S. Naval Base?on?the island of?Crete. This base is a strategic facility in the eastern Mediterranean for the United States.
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March 2, 2026
BERLIN, 2 March - At the very least, 25 ships?from 7 German maritime companies?including two?cruise ships?carrying about 7,000 'passengers' are stranded 'in 'Gulf waters 'and cannot leave the Strait of Hormuz due to security reasons. Germany's shipowners association VDR announced this on Monday…
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February 26, 2026
OPEC+ will meet on Sunday to decide its next production step amid increased geopolitical tensions that affect nearly a third?of?its output. This volatility could give the group the cover it needs to maintain its narrative of a balanced market, even though the facts in the field suggest otherwise.
Posted to Maritime Reporter
on
February 24, 2026
Four sources and shipping data indicate that buyers and trading houses of Venezuelan oil chartered the very large crude carriers to export the South American nation?since the Caracas-Washington deal was signed. This move will boost deliveries to India.
Posted to Maritime Reporter
on
February 24, 2026
Sources and data indicate that trading houses and buyers of Venezuelan oil chartered the very large crude carriers to export from the South American nation since the Caracas-Washington deal was signed. This is expected to increase shipments to India and speed up the process starting in March.
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…
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February 24, 2026
A major military conflict between the U.S., Iran and other Middle Eastern countries could cause a disruption of oil supplies in the region. It could be that the vast oil reserves held by both the U.S.A. and China are crucial in controlling it.
Posted to Maritime Reporter
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February 24, 2026
Antonio Costa, the President of the European Council on Monday, urged Hungarian Prime Minister Viktor Orban 'to honour a 'deal for a 90-billion euro loan ($106.11billion) to Ukraine. Budapest had said that it would 'block the plan unless Russian…
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on
February 20, 2026
The 'discount on Brent' for Russia’s flagship Urals oil blending in the Baltic Sea, reported the Kommersant paper citing Argus data, has widened up to $28 a barrel. This is the highest level since a peak -in April 2023. The federal budget has…
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on
February 18, 2026
JERA, Japan's largest power generator, has started?construction on its offshore wind project at Akita in?northern Japan. The project is scheduled to start up by 2028, according to Hisahide OKuda, the president of JERA. The move comes despite…
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on
February 18, 2026
On Wednesday, Sergei Lavrov, the Russian Foreign Minister, told Bruno Rodriguez his Cuban counterpart that Moscow was urging the U.S. to not impose a complete naval blockade against the communist-run Island and instead advocated negotiations.
