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Friday, March 13, 2026

Maritime Blogs Europe

Italy weighs up options after damaged Russian LNG tanker drifts into the Mediterranean

Posted to Maritime Reporter on March 13, 2026

Sources said that Italian authorities are considering how to handle a Russian "liquefied gas tanker" left adrift in the Mediterranean following what Moscow "described" as a Ukrainian drone strike, according to sources. The Russian transport ministry reported that Ukrainian drones…

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…

Minister says Turkish ship can pass through Strait of Hormuz

Posted to Maritime Reporter on March 13, 2026

Local media reported that Abdulkadir Uraloglu, the Turkish Transport Minister, had said that after receiving permission from Tehran authorities were able to allow a Turkish-owned ship to pass through the Strait of Hormuz. Haberturk reported that Uraloglu…

Turkey receives offers for 175,000 metric tons of barley

Posted to Maritime Reporter on March 13, 2026

Initial assessments by traders indicated that the lowest price offered in the first round of the tender was $270 per ton of supplies delivered from a Turkish warehouse. Barley that has already been imported to Turkey and is stored in warehouses with customs bonds can be offered in the tender…

Ferretti advisor calls KKCG stake-raising offer unattractive

Posted to Maritime Reporter on March 12, 2026

Ferretti, the Italian yacht manufacturer, said 'on Friday that a 'independent financial advisor has deemed KKCG - a Czech investment group -?offering to redouble its stake in Ferretti as "not attractive". Ferretti stated that the independent…

US allows countries to purchase Russian oil that has been stranded on the sea for 30 Days

Posted to Maritime Reporter on March 12, 2026

The United States has issued a license to countries for a period of 30 days to purchase stranded Russian oil and petroleum products. This was done to help stabilize the global energy markets, which have been shook by the war against Iran. In…

Ferretti Group yacht manufacturer Ferretti Group acquired a 3.4% stake from Biglari Holdings

Posted to Maritime Reporter on March 12, 2026

The U.S. investment firm Biglari 'Holdings announced on 'Thursday that it had purchased a 3,4% stake in the?Ferretti -Group. KKCG, a Czech investment group, is preparing to make a partial offer for the Italian yacht manufacturer. Biglari Holdings…

Source in India says Iran will allow tankers with Indian flags to pass through Strait of Hormuz

Posted to Maritime Reporter on March 12, 2026

An?Indian source? said that Iran would?allow India flagged tankers to pass through the Strait of?Hormuz. Through this route, 40% of India's crude oil imports go, a?source? based in India denied the agreement. The Indian foreign ministry and…

Asia LNG scramble pulls European cargoes; one US shipment changes destination to China

Posted to Maritime Reporter on March 12, 2026

Asia's scramble to get LNG to replace the output that was cut off by the war in the Middle East has drawn a slew of cargoes from Europe. At least one U.S. shipment is now destined for China. This would end a year long halt on?such _imports because of tariffs.

Dmitriev, a Russian official, says that he has discussed the global energy crisis with U.S. counterparts

Posted to Maritime Reporter on March 12, 2026

The Russian presidential envoy Kirill Dmitriev stated that he discussed the current energy crises with his U.S. counterparts on Thursday as part of a meeting of the U.S. and Russia working group on economics which took place in Florida. Since the closure of the Strait o f?Hormuz on February 28…

Bousso: The release of historic oil reserves is a temporary bandage on the looming supply crisis.

Posted to Maritime Reporter on March 11, 2026

The International Energy Agency plan to release 400,000,000 barrels of oil reserves to the world is unprecedented and urgently needed to counter the devastating supply shock caused by the Iran War. But it will only offer limited relief so long as energy exports to the Middle East are blocked.

Rio prepares for SailGP's Brazil debut after 2025 cancellation

Posted to Maritime Reporter on March 11, 2026

Organisers announced on Wednesday that Rio de Janeiro was preparing to host the 'SailGP Brazil debut' in April. The event is expected to attract tens of thousands to one city's most famous beaches, after it was cancelled due to equipment problems a year ago.

Bousso: The release of historic oil reserves is just a bandage on an erupting supply shock.

Posted to Maritime Reporter on March 11, 2026

The plan of the International Energy Agency to release 400,000,000 barrels of oil is unprecedented and urgently needed to counter the supply shock caused by the Iran War. It will only offer limited relief so long as energy exports to the Middle East are blocked.

British warship HMS Dragon departs to Eastern Mediterranean

Posted to Maritime Reporter on March 10, 2026

The British warship HMS Dragon left for the Eastern Mediterranean on Tuesday. This was more than a month after the United States and Israel launched attacks against Iran. The British government was criticized for not sending a warship sooner.

Union estimates that the first barley crop export price in Ukraine for 2026 will be between $203 and $205/t.

Posted to Maritime Reporter on March 10, 2026

Ukrainian farmers' union UAC announced on Tuesday that the first forward prices for Ukrainian barley from the 2026 harvest will be?in a?range of?$203-$205 per metric ton at CPT Black Sea, and about $208 for grain with high quality. Ukraine is…

Trump will hold a Monday press conference following the close of the markets

Posted to Maritime Reporter on March 9, 2026

U.S. President?Donald Trump announced that he will hold a news conference on Monday, before returning from Florida to Washington. He did not give any details as to what he planned to discuss. After the close of?US. The markets close. The news…

Turkey bids to import 280,000 tonnes of corn, traders claim

Posted to Maritime Reporter on March 9, 2026

European traders reported on Monday that the'state grain board TMO of Turkey has issued an international tender for the 'purchase and import 280,000 metric tons?of animal feed. The deadline for submitting price offers to the tender is March 16th, they added.

Turkey has invited bids from traders to import 175,000 tonnes of feed barley.

Posted to Maritime Reporter on March 9, 2026

European traders reported on Monday that the state grain board TMO of Turkey has issued a 'international tender' to?purchase and import about 175,000 tons of animal feed. TMO has also released a separate international tender to purchase and import approximately 280,000 tons of animal feed corn.

Gabler shares drop below the offer price at Frankfurt debut

Posted to Maritime Reporter on March 9, 2026

Gabler Group shares fell below the?offer?price? in a debut at the Frankfurt Stock Exchange on Monday after rising earlier in the day. The shares fell below the 44 euro offer price at 1349 GMT after reaching 49.1 earlier in the day. At its final price, the company valued itself at 266 millions euros.

Ship tracking data shows that a Greek-operated oil tanker carrying Saudi cargo passes through Hormuz.

Posted to Maritime Reporter on March 9, 2026

Analysis from ship tracking?platforms Kpler?and Lloyd's List?Intelligence on Monday showed that a?Greek operated oil tanker?sailed?through the Strait?of Hormuz?with?a?cargo?of Saudi Arabian crude?and its destination listed as India. MarineTraffic data showed that the Shenlong Suezmax tanker…

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