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Algerian wheat purchase in 2-port auction seen between 150,000 and 200,000 tons, traders claim

Posted to Maritime Reporter 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.

Ship trackers reveal that another tanker carrying Iranian oil has passed through Hormuz.

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.

CORRECTED - Southeast Asian refineries reduce output due to tightened crude supplies

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.

Algerian traders claim that they bought wheat for shipping to two ports in Algeria.

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.

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…

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…

Algeria has bid to purchase 50,000 tons of soft wheat to be shipped to only two ports, traders claim

Posted to Maritime Reporter on March 8, 2026

Algeria's state grain agency OAIC has issued a tender to purchase soft milling wheat for shipment to only two ports, European traders reported on Sunday. Traders said that the tender requested a nominal amount of 50,000 metric tonnes, but the…

Venezuela resumes its exports of diluted crude after a 15-month break - document

Posted to Maritime Reporter on March 6, 2026

Venezuela resumed this month exports of the diluted crude oil (DCO) that has not been shipped since late 2024. U.S. Chevron sent a 500,000 barrel cargo to the U.S. Gulf Coast. This grade is popular with refiners from countries such as the United States and India.

US files complaint over $15.3 million allegedly related to Iranian oil network

Posted to Maritime Reporter on March 6, 2026

In a statement, the Justice Department announced that on Friday, United States?filed civil forfeiture cases for more than $15.3?million. This money was allegedly used to fund an illegal Iranian oil distribution system. The 'Justice Department'…

Sources say that Shell-CNOOC China's joint venture will close its steam cracker because of disruption in feedstock.

Posted to Maritime Reporter on March 6, 2026

Shell's petrochemical complex in south China, a joint venture with China's CNOOC plans to shut down a steam breaker "soon". It has also informed domestic customers that it is unable to provide certain products. CNOOC & Shell 'Petrochemicals Company Ltd…

Sources: Malta-flagged container vessel hit by projectile at Hormuz and abandoned

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…

Sri Lanka warns US about second Iranian frigate after it sinks, Iran says.

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".

Sources say that China has asked refiners to stop fuel exports due to the conflict in the Middle East.

Posted to Maritime Reporter on March 5, 2026

China has asked firms to stop signing new contracts for the export of refined fuel and to cancel any shipments that have already been made, due to the escalating conflict in the Middle East. People said that the call did not cover jet fuel for international flights or bunkering in bonded containers…

Authorities say that Iranian sailors are recovering in Sri Lankan hospitals after US submarine attack.

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…

Union: weather issues are causing a rise in the export price of Ukrainian rapeseed for 2026.

Posted to Maritime Reporter on March 4, 2026

The export forward price for Ukraine's rapeseed harvest in 2026 could reach $540 to $545 per metric ton, including transport costs, for delivery between July and August, up from $530 to $540 a week earlier, according to the UAC, a major?farmers union.

Iran conflict disrupts shipping globally as tankers become stranded and damaged

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.

Ship insurers cancel their war risk coverage due to the conflict in Iran

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?…

One presumed deceased and five still missing after tugboat sinks off South Africa

Posted to Maritime Reporter on March 1, 2026

A multi-agency maritime agency said that one person was 'presumed dead' and five crew members were reported missing after a tug boat sank near South Africa’s southern coast. The ship sank around 80 nautical miles south-east of Mossel Bay, in South Africa's Western Cape province.

Three bids are received for the $10 billion tender to privatize Argentina's rivers

Posted to Maritime Reporter on February 27, 2026

Minister Luis Caputo, Argentine Economy, announced that three foreign companies had submitted bids 'for the contract' to dredge 'and operate' Argentina's Parana River. This is a vital waterway 'for 'the country's exports of agricultural products.

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