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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…
Posted to Maritime Reporter
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September 16, 2026
Five sources familiar with the situation said that U.S. officials had met with representatives of the Houthis of YEMEN in Oman on the weekend, just days after the Iran-backed militia had swept a strategic strip of the Red Sea Coast in an offensive that wiped out Saudi-backed forces.
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September 16, 2026
India's Foreign Ministry said that on Wednesday it summoned Pakistan's top diplomat to lodge an angry protest against what it called "unacceptable conduct and unprofessional behavior" by Pakistani naval units which led to the collision of an Indian warship with a Pakistani warship.
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September 16, 2026
U.S. soybeans, wheat and corn futures rose Wednesday, recovering from earlier losses caused by lower crude oil prices. As of 0503 GMT the?most active soybean contract on the Chicago Board of Trade (CBOT),?was up by 0.28% to $13.22-1/2 per bushel. This marks a third consecutive session of gains.
Posted to Maritime Reporter
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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…
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on
September 15, 2026
North Korea said the United States was expanding a nuclear submarine alliance that it claimed undermined global nuclear security. This comes as the fifth anniversary of the 'AUKUS' defence pact between Australia and Britain is approaching. Washington…
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September 15, 2026
Euronext wheat prices edged up Tuesday after stabilizing from a two-week low as further attacks tempered hopes for a military de-escalation on the Black Sea, and an Algerian tender brought in some new demand, traders said. Benchmark December…
Posted to Maritime Reporter
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September 15, 2026
A truce on energy infrastructure that President Donald Trump negotiated between Russia and Ukraine may reduce one of the most immediate threats to the global diesel market. It is unlikely that it will reverse the severe supply shortage that has developed this year.
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September 15, 2026
A truce on energy infrastructure that U.S. president Donald Trump brokered could reduce the immediate threat to the global diesel market. But it's unlikely to reverse this year's severe supply crunch. The Republican President said on Monday…
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on
September 15, 2026
U.S. Wheat?futures fell Tuesday, hovering around a'more than two-week high, as hopes for reduced tensions in the Black Sea region?eased?supply?concerns following Washington's announcement that Ukraine and Russia had agreed to not target each other’s energy infrastructure.
Posted to Maritime Reporter
on
September 15, 2026
Ship data showed that shipping traffic in the Strait of Hormuz has decreased a little more at the beginning of this week, after the Middle East was hit by a series of attacks. Preliminary data from Kpler revealed on Tuesday that the number of commodity vessel transits at Hormuz was four on Monday…
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on
September 14, 2026
Analysts said that U.S. Wheat futures dropped?to the lowest level in over two weeks? on Monday,?on the hope of a deescalation in the Black Sea Conflict, while soybeans rose on the back of?rising oil prices and?threats of Midwest harvest delays. Corn?
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on
September 14, 2026
?U.S. Wheat futures dropped to their lowest levels in over?two weeks Monday, on hopes that the Black Sea conflict would de-escalate. Meanwhile, soybeans rose on the back of rising 'energy prices' and the threat of harvest delays in the Midwest.
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September 14, 2026
Orlen, a Polish company, said that it did not see any immediate disruptions in the supply of crude oil from Egypt's Sidi Kerir Terminal to Poland. However shipping data showed a "sharp drop" in Saudi crude cargoes due to be shipped this month.
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September 14, 2026
European wheat futures dropped in the late trade on Monday, on hopes that a de-escalation of the 'Black Sea conflict' would occur after U.S. president Donald Trump said Ukraine and Russia had agreed not to hit each other's energy targets. The market also took into account the fact that Algeria…
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September 14, 2026
European wheat futures were up on Monday due to the 'continued interruption' of Russian and Ukrainian Black Sea ship-borne exports. A new purchase tender by Algeria, a major?importer, also sparked hopes of new EU sales. Benchmark - December…
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on
September 14, 2026
Officials say that hundreds of Indonesian rescuers, including the coastguard and navy, raced to board the passenger ship on Monday as they searched for the 129 people still missing. Six confirmed deaths were reported. Rescue agency reported that the Virgo transport 8 ship…
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September 14, 2026
On Monday, the Polish defence minister said that the military had retrieved what appeared to be a Russian drone floating in the Baltic Sea off the coast of northern Poland. Drone incursions have been reported in countries on NATO's eastern flank…
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September 14, 2026
The Federal Reserve is expected to raise rates this week, which will increase borrowing costs and slow down the economy. Many investors, however, warn that the Fed could face even worse problems if it were to remain steadfast. Investors say…
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September 14, 2026
Arab states in Gulf cancelled a planned meeting with Iran for Monday. Yemen's Houthis then launched a?new attack on Saudi Arabia following fighting that extended Middle East conflict to another theater and further endangered global oil supplies.
