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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…
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March 23, 2026
Japan Petroleum Association President Shunichi Kito said on Monday that North America was a potential source of alternative crude oil for Japanese refiners. Ecuador, Colombia, and Mexico were also considered as options. Oil buyers around the…
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March 23, 2026
The?U.S. The?U.S. Bessent also ruled out any calls for tax increases in the "Meet the Press'" program on NBC News. Congress is sceptical about the U.S. government's request to spend $200 billion more on the Iran war after spending large amounts of money for defense last year.
Posted to Maritime Reporter
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March 16, 2026
Sanae Takaichi, the Prime Minister of Japan, said on Monday that Japan has no plans to send naval vessels to escort vessels around the Middle East. Donald Trump has called on allies in the Middle East to help protect tankers that are traversing the Strait of Hormuz.
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March 15, 2026
Sanae Takaichi, Japan's Prime Minister, said that the country does not plan to send naval vessels to escort ships in a?Middle East? after Donald Trump asked allies to escort oil tankers through Strait of Hormuz. "We have not taken any decision about dispatching escort vessels." Takaichi…
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March 14, 2026
The manager of Maran Tankers, said that a Greek-flagged vessel, the Maran Homer was struck by an unidentified object on 'Saturday as it waited for orders to enter Caspian Pipeline Consortium Terminal (CPC) at Novorossiysk. The vessel was struck…
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March 13, 2026
An Indian government official announced on Friday that the Indian flagged 'oil tanker Jag Prakash is now sailing from the east of the Strait of Hormuz. It will be delivering gasoline from Oman into Africa. Gulf shipping has been disrupted for the last two weeks, as Iran retaliates against the U.S.
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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…
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March 13, 2026
European traders reported that a group of 'South Korean flour mills' bought an estimated 50,000 metric tons of'milling wheat? to be sourced from United States at an international auction on Friday. The purchase included several different types of wheat and all were purchased on a FOB basis.
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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…
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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…
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March 12, 2026
The "Trump always cries out" strategy of buying beaten-down shares on the assumption that U.S. President Trump will eventually back down from more extreme policies has been,?for most part, a profitable investment strategy. The Iran war could change all that. The U.S.
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March 12, 2026
The spokesperson for the Iranian foreign ministry said that ships must coordinate with the navy of Iran to cross the Strait of Hormuz. This was reported by the?Mehr News Agency? on Thursday. Mojtaba Khmenei, the new Supreme Leader who succeeded his father in office…
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March 12, 2026
The "Trump always cries out" strategy of buying down-market stocks, assuming that the U.S. president will eventually back off his more extreme policy, has been profitable for most investors. But the Iran war could change that. The U.S. and Israeli attack on Iran…
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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…
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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.
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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…
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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.
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March 11, 2026
Ship tracking data reveals that an oil tanker, seized by the United States for carrying Venezuelan crude oil, is going to 'transfer' the crude oil to a smaller vessel near the Texas coast which can then take it to shore. Last month, the United…
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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.
