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October 4, 2026
US states are taking steps to reduce diesel and gasoline prices, which have been soaring in recent months as a result of supply disruptions caused by the US war against Iran, Ukrainian strikes on Russia's refining facilities, and shrinking global inventories.
Posted to Maritime Reporter
on
October 4, 2026
Puntland, a?semiautonomous'state? in Somalia, said that Somali pirates had killed five crewmembers of the MT Honour 25 petroleum product tanker before it was rescued by security forces. The death aboard the Palau flagged ship appears to be the…
Posted to Maritime Reporter
on
October 2, 2026
Iran's conflict has brought the murky world of refined fuel trading to the forefront as the world struggles with a limited supply and record high prices. AI may be the key to bringing the world of fuel trading out of the dark. Although crude oil trading has been a popular practice for many years…
Posted to Maritime Reporter
on
September 30, 2026
The maritime police force in the semi-autonomous Puntland region of Somalia said that a?US sanctioned oil tanker named Sibu 1 was 'liberated' after it was hijacked by Somali pirates back in August. Our forces have been engaged in a counter-piracy campaign since two days ago. It's still ongoing.
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September 29, 2026
A US official, who spoke on condition of anonymity, said that 60 commercial ships transited the Strait of Hormuz Wednesday, carrying the 'highest daily volume' of crude oil since earliest July. The US official said that about 40 of these vessels…
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September 28, 2026
Preliminary data on Thursday showed that 10 commodity ships transited through the Strait of?Hormuz, up from 7 a day before and below the 10-day moving?average of 17 vessels. Nine vessels entered the Strait, including Supramax ship carrying metals and grain, as well an empty very large Gas carrier.
Posted to Maritime Reporter
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September 28, 2026
Data from the Russian Grain Union lobby group showed that fewer countries were buying Russian wheat since July due to a 'blockade of a major export route by Russia and Ukraine on 'the Black Sea. In September, only eight countries purchased wheat from Russia…
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on
September 26, 2026
The rising cost of fuel is increasing the pressure on US President Donald Trump, who wants to reduce diesel exports before November's midterm elections. What may appear to be a simple fix can cause a chain of events that will ultimately hurt American consumers and the global?economy.
Posted to Maritime Reporter
on
September 23, 2026
The rising cost of fuel is increasing the pressure on US president Donald Trump to reduce diesel exports before November's midterm election. What may appear to be a simple fix can cause a chain of events that will ultimately hurt American consumers and the global economic system.
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on
September 23, 2026
According to preliminary data released on Wednesday, three commodity ships transited the Strait of Hormuz in the past day. This is down from four vessels a day before and well below the 10-day moving average of about 15. Some ships turn off their transponders while on voyage…
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on
September 22, 2026
Diplomats confirmed on Tuesday that France had begun drafting a resolution for the UN Security Council in coordination with United States?to establish an international mission in order to restore movement through?the Strait of Hormuz. Paris had?unsuccessfully?
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September 22, 2026
Preliminary shipping data on Tuesday showed that the number of commodity vessels traversing the Strait of Hormuz dropped to just two on Monday, down from 10?a day before. The figures exclude any vessels who may have crossed the Strait with their…
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on
September 22, 2026
Shipping?data? showed on Monday that 17 cargo vessels had transited the Strait of Hormuz over the weekend, compared to 37 a week before, as tensions in the Gulf continued, with the US and Iran at loggerheads. The visible traffic in the Strait of Hormuz…
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September 21, 2026
Shipping data showed that a dozen commodity vessels passed through the 'Strait of Hormuz' on the weekend. This is down from 35 the previous 'weekend. Visible traffic in the Strait of Hormuz, which was the conduit for a fifth (or more) of the world's oil…
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on
September 19, 2026
Saudi civil defense?sent a?all-clear? early on?Saturday?after issuing an alert for potential dangers in Riyadh, and the city Al-Kharj to the east of?capital. This was in response to an increase in attacks from the Iran-aligned Houthis against the Gulf -country.
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on
September 18, 2026
Open Interest (ROI), every Friday, distills the previous five days' financial data into five charts that highlight the most important trends, surprises and missed?moves. ANNA SZYMANSKI is the Editor-in Charge of ROI. The Federal Reserve increased…
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on
September 18, 2026
Preliminary shipping data showed that four commodity ships transited the Strait of Hormuz on Thursday. This is down from six vessels a day before and well below the?10-day?average of?about 16?, according to the?data. These figures may change…
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on
September 17, 2026
Farmers in the United States have begun harvesting a second bumper corn crop. This apparent abundance of corn in the world's top exporter hides a much less rosy picture for global grain supply. In 2026/27, global corn consumption will exceed production by 30 million metric tonnes. According to U.S.
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September 16, 2026
According to calculations based upon data from two traders, prices for Russia's flagship Urals oil at its western port jumped above $110 per barrel Tuesday, reaching their highest level since April 2026. The?budget revenues of Russia are being boosted by higher?oil and gas prices…
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September 16, 2026
The number of vessel transits through the Strait of Hormuz on Tuesday was?four, down from?seven the day before, according to preliminary data released on Wednesday. After the intensification of attacks in the area, the drop in traffic along…
