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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.

Kenyan tea exports affected by Iran conflict, as stocks accumulate

Posted to Maritime Reporter on April 1, 2026

The disruption of shipping routes due to the Iran War has caused a halt to tea exports and farmers' incomes. George Omuga said that since March 1, losses have been accumulating at a rate of $8 million per a week. Omuga said that the conflict in the Middle East had a negative effect on this auction.

Gulf markets fall amid Middle East conflict escalation; Saudi edge higher

Posted to Maritime Reporter on March 30, 2026

The Gulf stock markets fell in early trading on Monday after Yemen's Houthis attacked Israel?overnight, further escalating U.S. and Israel conflict with Iran -and its proxies - in the Middle East. Donald Trump, the U.S. president, said that…

Yemen's Houthis declare that they have their "fingers on trigger" as the US-Israeli attack on Iran expands

Posted to Maritime Reporter on March 27, 2026

Houthis, who are Iran-aligned in Yemen, said they were "ready" to intervene militarily on Friday if other countries join the United States and Israel's war against Iran or if the Red Sea is used to launch attacks against the Islamic Republic.

US drone boats are unmanned and deployed in conflict with Iran

Posted to Maritime Reporter on March 26, 2026

Pentagon: The United States deployed drone speedboats without crews to patrol as part of its operations against Iran. This is the first time Washington confirmed the use of such vessels in a conflict. It was not previously known that the drone speedboats…

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…

Barclays expects a 13-14 million barrel per day oil supply to be lost due to the prolonged disruption of Hormuz

Posted to Maritime Reporter on March 26, 2026

Barclays stated on Thursday that the closure of the Strait o f 'Hormuz could lead to an estimated 13-14 million barrels of oil per day. They also noted that the disruption was massive, but the duration of it was uncertain. The bank believes…

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…

State media: Iran's military spokesperson claims that the US is negotiating only with itself

Posted to Maritime Reporter on March 25, 2026

According to state media, an 'Iranian' military spokesman stated that the United States was negotiating with itself on a Wednesday, just a day after Donald Trump, U.S. president, said Tehran wanted to reach a deal in order to end the conflict in 'the Middle East.

FT reports that Iran has said 'non hostile' ships are allowed to transit the Strait of Hormuz.

Posted to Maritime Reporter on March 24, 2026

The Financial Times reported that Iran had told member states of the International Maritime Organization (IMO) that "non-hostile" vessels could transit the Strait of Hormuz as long as they coordinated with Iranian authorities. The U.S. and Israeli…

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…

Daily Mail reports that a UK nuclear-powered sub is positioned in the Arabian Sea amid tensions between regional countries.

Posted to Maritime Reporter on March 23, 2026

The Daily Mail reported that a British nuclear-powered submarine equipped with Tomahawk Cruise Missiles has taken up position in the Arabian Sea, giving Britain the ability to launch long-range attacks if the regional conflict escalates. Could not immediately verify the information.

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.

Japan not planning Hormuz escort mission, PM Takaichi says

Posted to Maritime Reporter on March 16, 2026

Sanae Takaichi, the Prime Minister of Japan, said on Monday that Japan has no plans to send naval vessels to escort vessels around the Middle East. Donald Trump has called on allies in the Middle East to help protect tankers that are traversing the Strait of Hormuz.

Takaichi, the PM of Japan, says that Japan has not yet planned an escort mission to Hormuz.

Posted to Maritime Reporter on March 15, 2026

Sanae Takaichi, Japan's Prime Minister, said that the country does not plan to send naval vessels to escort ships in a?Middle East? after Donald Trump asked allies to escort oil tankers through Strait of Hormuz. "We have not taken any decision about dispatching escort vessels." Takaichi…

Australia won't send naval ships to help open Strait of Hormuz

Posted to Maritime Reporter on March 15, 2026

A government minister?said?Monday that Australia would not send naval vessels to reopen the Strait of Hormuz. "We will not be sending a vessel to the Strait of Hormuz." Catherine King, who is a cabinet member for Prime Minister Anthony Albanese…

US eases sanctions on Russia to calm price spike, angering European allies

Posted to Maritime Reporter on March 13, 2026

The United States granted a 30-day waiver to countries that want to purchase Russian oil or?petroleum stranded on the sea. This drew criticism from Germany and its allies in Europe, but was welcomed by Moscow. The U.S. Treasury secretary Scott?Bessent…
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