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Monday, August 24, 2026

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BHP's Australian iron ore hub elects workers to stop work

Posted to Maritime Reporter on July 17, 2026

The Electrical Trades Union reported on Friday that the majority of BHP high-voltage power network workers in Western Australia's Pilbara Region have supported strike action. This is a 'escalation' of labour unrest less than a week after hundreds?of BHP iron ore mine workers walked out.

North Korea refers to Seoul as a "puppet" for its role in US naval exercise

Posted to Maritime Reporter on July 17, 2026

North Korean state-run media called South Korea "a puppet" on Friday following its participation in an exercise in the maritime led by?the U.S. They said Seoul and Washington were responsible for any "unpredictable" escalation in?the area. KCNA…

Chicago wheat gains for the third week in a row on Black Sea concerns

Posted to Maritime Reporter on July 16, 2026

Chicago wheat slipped on 'Friday, but continued to rise for the third week in a row. This was due to concerns about disruptions of exports out of 'the Black Sea Region as supplies tighten up in Europe and North America. Profit-taking caused…

Trump risks making the same mistakes by threatening a new escalation of Iran's nuclear program

Posted to Maritime Reporter on July 16, 2026

Donald Trump has escalated U.S. military strikes against Iran and has threatened further escalation. However, there are few signs that the?military approach that has failed in the past to extract concessions from Tehran this time will be successful.

Pentagon chief defends pilots after review of US Navy Blue Angels low altitude flight

Posted to Maritime Reporter on July 16, 2026

U.S. Secretary of Defense Pete Hegseth backed U.S. Navy Blue Angels in Florida on Thursday, amid a review conducted by the military into one jet that flew at low altitude above a crowd. A video clip viewed online showed a jet of 'the' famed…

GRAINS-Wheat eases following rally on Black Sea tensions, corn and soy decline

Posted to Maritime Reporter on July 16, 2026

Chicago wheat futures fell on 'Thursday, due to profit-taking, chart-based sales, and a lack of signs of cooling in hostilities with Russia and Ukraine. This fueled 'worries over exports by the major global wheat suppliers. Corn futures declined on a round of profit-taking and chart-based selling…

ROI-Big grain crops mask shrinking margin for error: Karen Braun

Posted to Maritime Reporter on July 16, 2026

The large?crops do not automatically translate to excess supply. According to the U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates, released last week, the world's grain supply and demand balance sheets are relatively…

After the Black Sea attacks, EU grain exporters may see an increase in demand

Posted to Maritime Reporter on July 16, 2026

Analyst and traders said that European Union countries may see a greater demand for grain exports if the attacks on Black Sea ports and ships disrupt Russian or Ukrainian sales. The price of wheat has risen this week. U.S. futures have reached two-year-highs, and Euronext Wheat is at 17-month-highs.

The first direct US LNG cargo to reach China since the tariff dispute may be reexported

Posted to Maritime Reporter on July 16, 2026

Data from vessel tracking showed that a vessel carrying U.S. LNG has been sailing directly to China for the first since Washington and Beijing's trade tensions effectively stopped direct shipments. Analysts say that it is unlikely to enter China…

IGC reduces corn crop forecast following European heatwaves

Posted to Maritime Reporter on July 16, 2026

The International Grains Council said that it has lowered its forecasts for global corn production in 2026/27 due to recent heatwaves in Europe. In a monthly update the?intergovernmental organization cut its global corn crop projection for 2026/27 by 4 million tons, to 1.306 bn tons.

ROI-Big grain crops mask shrinking margin for error: Karen Braun

Posted to Maritime Reporter on July 16, 2026

The production of large crops does not automatically lead to an excess of supply. According to the U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates, released last week, the?world's grain?balance sheets appear relatively…

After the US re-blockade, fewer vessels pass through Hormuz

Posted to Maritime Reporter on July 16, 2026

Shipping data revealed that fewer'vessels' travelled through the Strait of Hormuz Wednesday, the first day after the U.S. reinstated its naval blockade against Iranian ports, with both countries intensifying their strikes in the Gulf. Kpler data showed that nine vessels…

UN: More than 500 refugees believed dead after boat sinking off Myanmar

Posted to Maritime Reporter on July 16, 2026

UN agencies reported on Thursday that two boats with a total of?more? than 500 people could have sunk off Myanmar's coastline in the last few days. This is as refugees fleeing war-torn Myanmar make dangerous maritime journeys to seek safety and better living conditions.

First U.S. cargo of LNG since tariff dispute has reached China and may be reexported

Posted to Maritime Reporter on July 16, 2026

The vessel tracking data revealed that a cargo of U.S. Liquefied Natural Gas arrived at a Chinese Terminal 'for the first time after trade tensions between Washington and Beijing effectively stopped direct shipments. However, it is unlikely…

UN: More than 500 people are believed to have died after boats sank off the coast of Myanmar

Posted to Maritime Reporter on July 16, 2026

UN agencies reported on Thursday that two boats carrying over 500 people could have capsized in the past few days off 'Myanmar's coast. Refugees from this war-torn nation continue to make perilous sea journeys, in search of better prospects and safety.

Grain futures in Chicago and Chicago oilseeds are falling amid tensions on the Black Sea

Posted to Maritime Reporter on July 16, 2026

Chicago grains and oilseeds futures declined on 'Thursday, as participants monitored the 'Black Sea hostilities. After Russia and Ukraine intensified their attacks in the?region and closed key shipping routes. As of 0325 GMT, the most active…

As US and Iran continue their strikes, fewer vessels are passing through the Hormuz Strait

Posted to Maritime Reporter on July 16, 2026

Shipping data revealed that fewer vessels traveled through the 'Strait Of Hormuz' on Wednesday, the first day since the U.S. reimposed its naval blockade against Iranian ports, and both countries intensified their strikes in the Gulf. Kpler…

GRAINS-US Wheat soars amid war in Ukraine; corn and soy soar

Posted to Maritime Reporter on July 15, 2026

Analysts said that Chicago wheat prices rose 5% and European 'wheat' reached an all-time high on Wednesday as Russia and Ukraine intensified their battle for the Black Sea, and other key trade routes. Soybeans and corn followed the trend of a firm market, with bullish U.S.

After June's turmoil, Partners Group clients demand exceeds expectations.

Posted to Maritime Reporter on July 15, 2026

Swiss asset'manager Partners Group exceeded expectations on a new client demand on Wednesday. This boosts investor confidence in the private equity sector weeks after it limited withdrawals from its open-ended funds and sent its share price plunging.

The price of European wheat has risen to a record high in the past year as tensions around the Black Sea escalate

Posted to Maritime Reporter on July 15, 2026

European wheat prices rose more than 6% Wednesday, as the escalating attacks in the Black Sea raised concerns about key grain export routes. Traders expect some demand to shift towards European Union supplies. Benchmark September milling grain on the?Paris based Euronext was up 6.5% at?1450 GMT…

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