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July 22, 2026
Shipping data shows that two Chinese "very large crude carriers" carrying 4 million barrels a 'Saudi Arabian oil' are heading towards the Bab el Mandeb strait on Thursday to leave the Red Sea. The Singaporean flagged VLCC 'Xin Long Yang', which…
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July 22, 2026
The Houthis of Yemen claimed early Thursday that they had conducted a'military operation against two Saudi oil tanks.' Maritime security reports said one vessel named by the group, namely the Saudi flagged tanker Encelia, was reportedly hit in the Red Sea.
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July 22, 2026
Chicago wheat reached two-year highs Wednesday as renewed attacks against?Black Sea grain export ports raised concerns about regional exports. Meanwhile, lower U.S. crop?estimates from a tour of the U.S. crops added to global supply worries.
Posted to Maritime Reporter
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July 22, 2026
Chicago wheat reached two-year heights on Wednesday as renewed attacks on Black Sea grain ports raised concerns about regional exports. Soybeans, corn and other grains rose in price, tracking the higher crude oil prices, amid rising tensions in Middle East that have reduced global oil supplies.
Posted to Maritime Reporter
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July 22, 2026
Armin Papperger, the Chief Executive Officer of Rheinmetall, said that it has not yet decided whether or not to 'proceed' with an acquisition of German -Naval Yards Kiel after Thyssenkrupp TKMS withdrew. Papperger said to? Papperger told?that Rheinmetall had only made a?non-binding offer?
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July 22, 2026
Scottish Power, owned by Iberdrola, is investing PS1.5 billion ($2.01billion) to upgrade the old 'turbines' at the Whitelee Windfarm. This will almost double Britain's biggest onshore windfarm. Britain is planning to increase its renewable energy capacity rapidly to help it meet climate targets.
Posted to Maritime Reporter
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July 22, 2026
CMA CGM will impose a 'fuel surcharge for emergency situations' following the re-escalation of terrorism in the Strait of Hormuz, the French shipping company announced in an announcement posted on its website. Fuel prices have risen sharply…
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July 22, 2026
Former and current U.S. officials said that a Houthi threat of imposing a naval blocade against Saudi Arabia could widen the Iran War and strain an already stretched U.S. Military focused on stopping Tehran’s attacks in the region. Yemen's Iran…
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on
July 22, 2026
Chicago wheat gained ground on Wednesday as attacks on Black Sea grain cargoes, and lower U.S. crop?estimates? from a tour of the U.S. crops underscored concerns over global supplies. Soybeans, corn and other grains rose in price, tracking the higher crude oil prices…
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on
July 22, 2026
Shipping data revealed that vessel crossings through the Strait of Hormuz dropped further on Tuesday as security concerns persisted amid the ongoing attacks by the United States and Iran. Kpler data shows that on Tuesday only a total of?of?three cargo vessels crossed the Strait…
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July 21, 2026
The mining and transportation conglomerate Grupo Mexico announced on Tuesday that its net profit for the second quarter rose by nearly 79% compared to the same period last year, helped by higher copper costs and far ahead of analyst's expectations.
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July 21, 2026
U.S. Secretary of Defense Pete Hegseth announced on Tuesday that the United States war against Iran has so far cost $37.5 billion. This is an increase of almost $8 billion from the previous public estimate. Hegseth said?at an hearing in Washington?
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July 21, 2026
Oil-producing and refining firms from the U.S., and other countries, are gaining market shares in Venezuelan crude oil as they sign direct deals with PDVSA. This puts them in competition with global traders who signed 'earlier contracts' with the interim government of President Delcy Rodriguez.
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July 21, 2026
Data from sources shows that India's imports of oil from Russia, Latin America and the Middle East fell in the?April to June quarter due to the restricted flow through the Strait of Hormuz after the?U.S./Israeli attack against Iran. India, which…
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on
July 21, 2026
Tuesday, oil prices rose by 2% to a five week high. This was due to fears that the Middle East could be hit with more energy disruptions as a result of increased attacks between the U.S. Brent futures climbed $2.12 or 2.4% to $91.34 per barrel at 10:53 am EDT (1453 GMT). U.S.
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July 21, 2026
German Warship -Builder TKMS announced on Tuesday that it is no longer interested in acquiring the smaller German Naval Yards (GNYK), also known as GNYK. Rheinmetall, a German defence group, is the only bidder in the running to buy the shipbuilder.
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July 21, 2026
Following a warning by Yemen's Houthi militia, which is aligned with Iran, two oil tankers carrying Saudi crude bound for China and India made U-turns on Tuesday in the Red Sea. They headed towards the Suez Canal instead of tackling the Yemeni coast near the mouth of the sea.
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July 20, 2026
The Joint Staff of Japan reported that a Chinese destroyer was conducting live-fire exercises in the?waters to the southwest of Japan's remote?Island Okinotori early Sunday morning, while operating with Russian naval vessels. Japan's Maritime…
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July 20, 2026
If the Houthis succeed in closing the Bab el-Mandeb Strait, they would be able to disrupt fuel supplies, increase the price of crude oil, and put pressure on the global economy. Yemen's Iran aligned Houthis declared a navy blockade on Saudi Arabia Monday, according to its military spokesperson.
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July 20, 2026
India's foreign ministry released a statement late on Monday confirming that an attack on a ship leaving a southern Ukrainian port of Odesa had killed four Indians. Another was in a critical condition in the hospital. Russia hit the Golden Leo…
