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.
Posted to Maritime Reporter
on
March 28, 2026
According to LSEG 'and Kpler' ship tracking data, two liquefied petrol gas?tankers BW Elm & BW Tyr are currently crossing the Strait of Hormuz on their way to India. Iran announced this week that non-hostile vessels could transit the waterway if coordinated with?Iranian officials.
Posted to Maritime Reporter
on
March 27, 2026
Asda's boss said that the U.S. and Israeli 'war on Iran' has caused a spike in demand for fuel, resulting in temporary?shortages? at some of their forecourts. Fears of higher prices and supply disruptions from the conflict are driving motorists to fill up more often.
Posted to Maritime Reporter
on
March 26, 2026
Algeria's state grain agency OAIC bought around 690,000.00 metric tons milling wheat in an international tender that closed on Thursday, European traders reported. They said that the cost of a metric tonne, including freight and cost (c&f), was around $272.
Posted to Maritime Reporter
on
March 26, 2026
European traders claim that Algeria's state grain agency OAIC bought?milling Wheat in an international bid which closed on Thursday. They said that initial purchases were reported at around $272 per metric ton, including cost and freight. Initial…
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…
Posted to Maritime Reporter
on
March 25, 2026
According to documents and data on shipping, U.S. suppliers shipped approximately 30,000 barrels of fuel this year to Cuba's private industry. This suggests a Trump administration plan to give the private sector a boost over state-run enterprises is in full swing.
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.
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…
Posted to Maritime Reporter
on
March 24, 2026
Reliance Industries in India, the operator of the largest refining facility in the world, has purchased 5,000,000 barrels of Iranian oil days after the U.S. lifted temporary sanctions on the oil. Two sources confirmed that the Indian refiner purchased the oil from National Iranian Oil Co.
Posted to Maritime Reporter
on
March 23, 2026
The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…
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…
Posted to Maritime Reporter
on
March 13, 2026
Sources in the Iranian Embassy in Colombo, as well as Sri Lankan media, reported that Friday. The bodies of the 84 Iranian sailors who were killed by a U.S. sub attack on a warship near?Sri Lankan coast last week would be repatriated. The U.S.
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…
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on
March 11, 2026
European traders reported on Wednesday that Algeria's state grain agency OAIC reportedly purchased between 150,000 and 200,000 metric tons of milling flour in an international bid?on Tuesday, requesting a?restricted shipping to only?two _ports.
Posted to Maritime Reporter
on
March 10, 2026
Data from ship trackers revealed that a supertanker?with 2 million barrels?of Iranian crude oil onboard?sailed?through?the?Strait of?Hormuz the previous day. This vessel is one of at least five others shipping oil to?Asia?since February 28.
Posted to Maritime Reporter
on
March 10, 2026
Sources say that a growing number of refineries in Southeast Asia, who are dependent on Middle East oil for their production, have reduced output due to the U.S./Israeli war against Iran. Sources say that the conflict has halted all shipments across the Strait of Hormuz.
Posted to Maritime Reporter
on
March 10, 2026
European traders said that Algeria's state grain agency OAIC was believed to have bought milling wheat on Tuesday in an international?"tender" which only sought to ship to two _ports. Initial estimates put the volume of?purchased at around 200,000 metric tonnes.
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…
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…