Posted to Maritime Reporter
on
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…
Posted to Maritime Reporter
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".
Posted to Maritime Reporter
on
March 5, 2026
Authorities?said? on Thursday that Iranian sailors who survived the U.S. sub strike in the Indian Ocean are recovering in a hospital located in the port city of Galle in?Sri Lanka. At least 87 people were killed during the attack. The National Hospital in Galle…
Posted to Maritime Reporter
on
March 4, 2026
Chris Wright, U.S. Energy secretary, told Fox News that the impact of 'the Iran conflict' on energy markets will be temporary. It is a'small price to pay for U.S. Military goals. The U.S., Israeli and Iranian strikes on Iran have escalated regional tensions.
Posted to Maritime Reporter
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.
Posted to Maritime Reporter
on
March 4, 2026
Three U.S. officials said that the U.S. carried out a strike which sank a warship of Iran off Sri Lankan coast and prompted the Sri Lankan navy to?rescue dozens Iranian sailors. According to one official, who spoke under condition of anonymity because of the sensitive nature of 'the issue…
Posted to Maritime Reporter
on
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
on
March 4, 2026
According to sources in the Sri Lankan navy and defence ministry, at least 101 people are missing, 1 is dead and 78 others have been injured. The sources claimed that the ship has now sunk. It is unclear who was responsible for the attack. A…
Posted to Maritime Reporter
on
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
on
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
on
March 3, 2026
Trade officials reported that about 400,000 metric tonnes of Indian Basmati rice is backed up at ports and in transit and export deals are drying up as freight rates have doubled since U.S. and Israel attacked Iran on the weekend. India is the largest exporter of aromatic basmati rice in the world.
Posted to Maritime Reporter
on
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.
Posted to Maritime Reporter
on
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…
Posted to Maritime Reporter
on
March 2, 2026
The insurance companies have canceled war risk coverage on vessels in the Gulf due to the increasing conflict with Iran. This has caused at least four damaged tankers, two deaths of seafarers and 150 stranded ships around the Strait of Hormuz.
Posted to Maritime Reporter
on
March 2, 2026
A number of marine insurers have announced that they are cancelling their war risk coverage for ships because of the conflict in the Gulf and Iran. According to notices posted on their websites dated March 1, insurers such as?Gard?, Skuld?, NorthStandard?…
Posted to Maritime Reporter
on
March 2, 2026
S&P Global Platts, a company that reports oil prices, has suspended bids and offers to assess the price of Middle East refined products transiting the Strait of Hormuz due to the shipping disruptions resulting from the U.S./Iran conflict. The note was sent on Monday.
Posted to Maritime Reporter
on
March 1, 2026
Airline shares fell on Monday. Hong Kong's Cathay Pacific and Australia's Qantas Airlines, as well as Singapore Airlines, Japan Airlines, and Singapore Airlines all dropped more than 5%. This was after Israel and the U.S. launched strikes against?Iran over the weekend…
Posted to Maritime Reporter
on
March 1, 2026
Donald Trump, the president of the United States, announced on Sunday that he was launching a military operation to sink Iran's Navy. The U.S. military is sinking Iran's Navy. They have destroyed nine Iranian warships and are "going after" the remaining ones.
Posted to Maritime Reporter
on
March 1, 2026
On Sunday, loud blasts could be heard in Dubai and Doha, the capital of Qatar. Oman was also hit for the first time in retaliatory attacks on Gulf neighbours in response to a 'U.S. Israeli attacks on the Islamic Republic have increased. Iran said that it would "target U.S.
