Posted to Maritime Reporter
on
March 5, 2026
The Kremlin confirmed on Thursday that Iran has not approached Moscow to request?arms supplies. Russia condemned U.S. - Israeli strikes and demanded an immediate ceasefire. Iran signed a strategic partnership agreement with Moscow last year.
Posted to Maritime Reporter
on
March 5, 2026
LSEG ship tracking data showed that a 'tanker' carrying liquefied natural -gas from Russia’s Arctic LNG 2 plant diverted away from the Mediterranean Sea and sailed around Africa after an attack this week which sank a'similar Russian vessel near Libya.
Posted to Maritime Reporter
on
March 4, 2026
Chris Wright, U.S. Energy secretary, told Fox News that the impact of 'the Iran conflict' on energy markets will be temporary. It is a'small price to pay for U.S. Military goals. The U.S., Israeli and Iranian strikes on Iran have escalated regional tensions.
Posted to Maritime Reporter
on
March 4, 2026
On Wednesday, Russian President Vladimir Putin said that Russia could halt gas supplies to European markets and?move on to other more lucrative markets. According to EU officials and a document seen, the European Commission will present a proposal on April 15 to ban Russian oil imports permanently.
Posted to Maritime Reporter
on
March 4, 2026
In an advisory seen by. "A distress signal was received on March 3, 2026 at 8:00 pm by the commercial tanker named Arctic Metagaz. The note said that information indicates the tanker suffered sudden explosions, followed by a massive fire. The…
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…
Posted to Maritime Reporter
on
March 4, 2026
European traders reported that Jordan's state grain buyer bought?about 50,000 tons of?? animal feed??? barley? on Wednesday? in an international tender looking for up to 120,000 tonnes. According to traders, the barley was reportedly purchased…
Posted to Maritime Reporter
on
March 4, 2026
According to shiptracking and industry sources, an oil tanker crossed the Strait of?Hormuz Tuesday to load crude in a United Arab Emirates Port. This is a rare?journey since the?Iran war disrupted Middle East shipping. LSEG data revealed that…
Posted to Maritime Reporter
on
March 3, 2026
Venezuelan oil exports 'fell 6.5% from a month ago to'some 737,000 barges per day' as more shipments into the 'United States' and 'Europe' 'couldn't fully offset the 'loss' of what used to be OPEC's main market - China', according to documents and vessel monitoring data from the state company PDVSA.
Posted to Maritime Reporter
on
March 3, 2026
Iraq has reduced oil production by almost 1.5 million barrels per day. These cuts could increase to over 3 million bpd in a few days, as the country is running out of storage space and can't export crude oil due to the Iran Crisis. Iraqi officials…
Posted to Maritime Reporter
on
March 3, 2026
Trade officials reported that about 400,000 metric tonnes of Indian Basmati rice is backed up at ports and in transit and export deals are drying up as freight rates have doubled since U.S. and Israel attacked Iran on the weekend. India is the largest exporter of aromatic basmati rice in the world.
Posted to Maritime Reporter
on
March 3, 2026
South Korea's Major Feedmill Group (MFG), in a private deal late on Friday, purchased?68,000 tons of animal feed corn in addition to the 135,000 tons it had bought earlier that day in an international tender. The 68,000 tonnes is expected to be sourced from South Africa…
Posted to Maritime Reporter
on
March 3, 2026
According to European traders, the Busan section of the Korea Feed Association in South Korea bought around 65,000 metric tons??of??animal feed???corn on Friday. The corn was to be purchased at a cost of $251.05 per tonne, including freight and handling (c&f)…
Posted to Maritime Reporter
on
March 3, 2026
Swiss logistics group Kuehne und Nagel reported on Tuesday a '17%' drop in its recurring operating profits for 2025 and predicted likely flat or lower earnings this year due to an escalating Middle East conflict. The freight forwarder said it…
Posted to Maritime Reporter
on
March 2, 2026
Jeremy Nixon (CEO of Ocean Network Express) said that container ships accounted for about 100 of the 750 ships backed up around 'the Strait of Hormuz after U.S. Nixon told a container shipping conference in Long Beach California that "about…
Posted to Maritime Reporter
on
March 2, 2026
Analysts say that disruptions to the marine traffic in the Middle East Gulf could prevent the region's aluminium smelters not only from exporting their metal but also from receiving the raw materials needed to continue producing metal. Gulf…
Posted to Maritime Reporter
on
March 2, 2026
In February, a protracted crisis in Russia’s rail industry, driven by the slowing economy and sanctions, as well as global market pressures, deepened, adding to the strain on the debt-ridden?state rail monopoly. Freight volumes are a good indicator of the economy in Russia.
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.
Posted to Maritime Reporter
on
March 2, 2026
Agro-Fisheries and Food Trade Corporation, a?state-owned corporation in South Korea. European traders reported on Monday that a?international tender has been issued to 'purchase' an estimated 74,382 tons of rice. About 33,300 tonnes of the total should be sourced in the United States…
Posted to Maritime Reporter
on
March 2, 2026
The General 'Food -Security -Authority (GFSA), Saudi Arabia's principal state purchasing agency, purchased around 794,000 metric tonnes of wheat on Monday in an international bid, according to the GFSA. The 655,000 tonnes sought in the tender was not met.
