Posted to Maritime Reporter
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May 5, 2026
OPEC has been weakened more than anyone could have imagined just a few months ago by the military actions of U.S. president Donald Trump in Venezuela and Iran. White House may see this as a big win, but ultimately it could hurt both the U.S. energy markets and the U.S.
Posted to Maritime Reporter
on
May 4, 2026
Yonhap News reported on Monday that South Korea was verifying information indicating a vessel flying the flag of South Korea had been attacked in Strait of Hormuz. A spokesperson from South 'Korean shipper HMM said that a fire broke out in the engine room of one its bulk carriers…
Posted to Maritime Reporter
on
May 2, 2026
Donald Trump, the U.S. president, said that he had been informed about a possible deal with Iran but was awaiting the precise wording. He also warned of the possibility of resuming military strikes against the country in the event of Tehran's misbehavior.
Posted to Maritime Reporter
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May 1, 2026
Venezuela's oil exports grew 14% in April to 1,23 million barrels per day, the highest level in over seven years. This was fueled by increased sales to India, Europe and the United States. Shipping data and documents provided by state-owned PDVSA were released on Friday.
Posted to Maritime Reporter
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April 28, 2026
The United Arab Emirates decision to leave OPEC is likely to have a dramatic impact on the producer group, which has been around for 65 years. It will also open the door to a price war when Gulf producers rush to regain their market share after the Iran conflict ends.
Posted to Maritime Reporter
on
April 28, 2026
United Arab Emirates' decision not to join OPEC will drastically reduce the producer group's 65-year influence on the oil market. This could lead to a price war once Gulf producers rush to regain their market share after the Iran War is over.
Posted to Maritime Reporter
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April 27, 2026
Shipping data revealed a lull in activity over the last few days. However, the talks between Iran and the United States are still stalled. According to data from Kpler, and a separate satellite analysis by 'data analytics specialists SynMax'…
Posted to Maritime Reporter
on
April 23, 2026
South Asia relies on imported energy for 95% of their needs. The price increases following the Middle East war have been devastating. Wind and solar energy, which are renewable, can help break this dependency. Solar power is the largest renewable energy source in Bangladesh…
Posted to Maritime Reporter
on
May 2, 2026
A senior Iranian official said on Saturday that a proposal from Iran, which has been rejected by U.S. president Donald?Trump so far, would end the U.S. ban on Iran and open the Strait of Hormuz to shipping. Talks on Iran's nuclear program could be held later.
Posted to Maritime Reporter
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April 23, 2026
A tanker with a foreign flag delivered crude oil from Texas to an American refinery. A?temporary waiver granted by President Donald Trump on Thursday allowed a refinery to operate?on Friday?in order to combat price hikes and supply disruptions caused by the Iran War.
Posted to Maritime Reporter
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April 23, 2026
In the past decade, we have seen a rapid series of energy crises around the world, fueled by extreme weather, military conflict and supply chain snarls. The highly interconnected oil and natural gas markets are fragmenting and the transition to a low-carbon economy is accelerating.
Posted to Maritime Reporter
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April 22, 2026
Alexander Saverys, the CEO of Belgian shipowner CMB.Tech, said that 11 vessels powered by ammonia will be delivered between this summer and March next year, as part of their decarbonisation plans. Saverys, a reporter at the Singapore Maritime Week Conference…
Posted to Maritime Reporter
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April 17, 2026
Four energy sources reported that 'Iraq resumed its southern oil exports Friday, after a halt of more than a month caused by disruptions in shipping through the Strait of Hormuz. One tanker has begun to load crude. Iraqi ports & energy sources…
Posted to Maritime Reporter
on
April 14, 2026
This week, oil and gas 'producer ENI?finished loading the first cargo of Venezuelan heavy?crude to reach Spain in nearly two years. Since Caracas and Washington agreed on a landmark supply deal in January, trading?houses such as Trafigura, Vitol…
Posted to Maritime Reporter
on
April 10, 2026
A British official who was aware of the discussions said that Britain would convene the latest round of talks next week with its allies to discuss a way to open up the Strait of Hormuz for shipping without paying tolls to Iran. The official…
Posted to Maritime Reporter
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April 17, 2026
Several dozen countries have said they are willing to 'join an international mission for the protection of?shipping along the Strait of Hormuz if conditions allow,' said Britain, at a time when Donald Trump, U.S. president, said he didn’t need any allies’ help.
Posted to Maritime Reporter
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April 16, 2026
France and Britain are hosting a meeting of 40 countries on Friday. The purpose is to signal the United States that some of its closest allies will be'ready' to play a part in restoring the freedom of navigation through the Strait of Hormuz, once the conditions permit. Since the beginning of U.S.
Posted to Maritime Reporter
on
April 9, 2026
British Prime Minister Keir Starmer met with the?U.S. Donald Trump, the President of the United States, spoke with?Keir Starmer on Thursday about?the necessity of a plan that would restore shipping through Strait of Hormuz as quickly as possible. Downing Street announced a ceasefire with Iran.
Posted to Maritime Reporter
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April 9, 2026
French Foreign Minister Jean Noel Barrot stated on Thursday that the ceasefire agreement between Iran and the United States should also cover military actions in Lebanon. He added that France had condemned Israel's "massive strikes" of Wednesday.
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April 8, 2026
According to LSEG and a shipping source, Glencore, a commodities trading firm, has chartered a Supertanker 'to load Middle Eastern crude oil for Asia. This is likely the first 'oil tanker destined for this route since the ceasefire of the U.S.Iran war.
