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Kenyan tea exports affected by Iran conflict, as stocks accumulate

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.

Data shows two LPG tankers bound for India crossing Strait of Hormuz and out of Gulf

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.

Asda in Britain is hit by fuel shortages due to the Iran war.

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.

Algerian traders report that the country has bought 690,000 tonnes of milling wheat through a tender.

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.

Algeria purchases milling wheat at tender, traders claim

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…

Barclays expects a 13-14 million barrel per day oil supply to be lost due to the prolonged disruption of Hormuz

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…

US increases fuel exports to Cuban private sector

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.

State media: Iran's military spokesperson claims that the US is negotiating only with itself

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.

FT reports that Iran has said 'non hostile' ships are allowed to transit the Strait of Hormuz.

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…

Sources: India's Reliance purchases 5 million barrels Iranian oil after US waiver

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.

As ships reroute to the Cape, African bunkering hubs benefit

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…

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…

Sources in the Iranian embassy and Sri Lankan media claim that bodies of 84 Iranian sailors will be returned to Iran from Sri Lanka.

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.

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…

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…