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Saturday, October 17, 2026

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After early holiday import rush, the busiest US seaport sets new volume records for three months after a new record of imports.

Posted to Maritime Reporter on September 9, 2026

The Port of Los Angeles has set a new volume record for the months of June, July, and August after retailers rushed to import goods in order to avoid higher fuel prices and new tariffs, said the executive director of America's busiest ocean container port on Wednesday.

Black Sea War headlines: GRAINS-Wheat drops amid profit-taking

Posted to Maritime Reporter on September 9, 2026

Chicago wheat futures declined on Wednesday, as the market assessed diplomatic efforts to stop Russia's war against Ukraine and continued disruption of Black Sea exports. Analysts said that profit-taking following a steady rise in prices also weighed. Attention has shifted to?U.S.

Black Sea War headlines: GRAINS-Wheat drops amid profit-taking

Posted to Maritime Reporter on September 9, 2026

Chicago wheat futures fell on Wednesday, as the market weighed up diplomatic efforts to 'end Russia's conflict with Ukraine against continued disruption of Black Sea exports. Analysts said that profit-taking following a "steady rise in prices" also weighed.

Bousso

Posted to Maritime Reporter on September 9, 2026

How much oil flows through the Strait of Hormuz each day? All are trying to solve the mystery, but come up with wildly divergent conclusions. This mystery is causing crude oil prices to rise at a higher rate than usual. Benchmark Brent crude rose to over $100 per barrel on Wednesday…

Bousso

Posted to Maritime Reporter on September 9, 2026

How much oil flows through the Strait of Hormuz each day? All traders, energy executives, and government officials try to solve the mystery but come up with wildly divergent conclusions. This mystery is causing crude oil prices to be inflated…

American Rose wins Women's ILCA Worlds 6 as the racing heats up

Posted to Maritime Reporter on September 9, 2026

The ILCA 6 'Women’s World Championship is led by American Charlotte Rose on Wednesday as the 108-strong?fleet splits into Gold &?Silver for a?decisive?phase of??racing? on Dublin Bay. Rose, who is two points ahead of a field stacked with Olympians…

Bousso

Posted to Maritime Reporter on September 9, 2026

How much oil flows through the Strait of Hormuz each day? All are trying to solve the mystery, but they're coming up with wildly divergent conclusions. However, it is becoming increasingly apparent that this mystery could have introduced a residual premium to crude prices…

Data shows that shipping traffic through the Strait of Hormuz is below the 10-day average

Posted to Maritime Reporter on September 8, 2026

Preliminary shipping data on Wednesday showed that six?commodity ships transited the Strait of?Hormuz Tuesday. This is down from nine?aday earlier? and below?the 10-day?average of approximately 12. These figures may change, as some ships turn off their transponders while on voyage.

Iran claims to have captured a US sub-drone in the Strait of Hormuz

Posted to Maritime Reporter on September 8, 2026

The Iranian Revolutionary Guards announced on Tuesday that they had captured an unmanned U.S. submarine at the Strait of Hormuz. This was a rare opportunity to see how underwater drones were used for military operations. Iranian state media reported that the vessel 'was a Dive LD…

After US efforts to end the war in Ukraine have yielded little progress, grain prices are rising.

Posted to Maritime Reporter on September 8, 2026

Chicago wheat futures rose on Tuesday following a 'U.S. The weekend diplomatic efforts to end the four year war in Ukraine that?has disrupted Black Sea grains shipments" yielded very little. Corn and soybean futures fluctuated as traders adjusted their positions in anticipation of the upcoming?U.S.

Cardinals in a desperate race for NL wild card, they must win game against Giants

Posted to Maritime Reporter on September 8, 2026

The St. Louis Cardinals, who are a game further back in the National League Wild-Card race, will have a second chance to redeem themselves after a difficult series opener loss when they face the San Francisco Giants at home on Tuesday. The Cardinals…

What are the Houthis and their allies, Iran in Yemen?

Posted to Maritime Reporter on September 8, 2026

On Tuesday, the Houthi movement in Yemen, which is backed by Tehran, fired missiles and drones on Saudi Arabian cities as well as energy facilities. This was part of a regional escalation that began more than six months after the U.S.-Iran war.

De Wave, a yacht interiors manufacturer owned by Renaissance Partners, is to be acquired by the company

Posted to Maritime Reporter on September 8, 2026

Italian private equity firm Renaissance Partners announced that it has agreed to buy interiors maker De 'Wave Group, located in Genoa, from Californian investment company Platinum Equity. The deal was reported earlier on Tuesday. A source with…

BHP and union talks for Port Hedland Iron Ore Workers to Stretch into Next Week

Posted to Maritime Reporter on September 8, 2026

The parties announced on Tuesday that talks between BHP and the?unions who represent workers at BHP's iron ore mines in Western Australia, Port Hedland, ended without a deal. Further?negotiations are scheduled for next week. In recent months…

Source: Platinum Equity will sell yacht interior manufacturer De Wave to Renaissance Partners

Posted to Maritime Reporter on September 8, 2026

Californian investment firm, Platinum Equity, is set to sell De Wave Group to Italian counterpart Renaissance Partners, in a deal valued at around EUR400m ($465m), according to a source close to the matter. Platinum, the Beverly Hills-based firm founded by U.S.

Kuwait Petroleum Corp. looking to purchase more ships, an executive says

Posted to Maritime Reporter on September 8, 2026

A company executive stated on Tuesday that Kuwait Petroleum Corporation is interested in buying more ships and improving its supply chain. "In 'KPC, we have our own fleet which we manage... We are on the market to purchase more ships," said…

GRAINS-Wheat soars as US efforts to end Black Sea Conflicts yield little progress

Posted to Maritime Reporter on September 8, 2026

Chicago wheat futures rose on Tuesday as the hope for a diplomatic solution to the Ukrainian war, which has affected shipments from the Black Sea region, dimmed. Corn and soybeans also rose. By 0235 GMT, the most-traded contract of wheat on the Chicago Board of Trade (CBOT)…

Hormuz traffic drops after Iran threatens to retaliate for US attacks

Posted to Maritime Reporter on September 8, 2026

The shipping traffic through the Strait of Hormuz has slowed since the beginning of this week after Iran threatened to retaliate against any new U.S. strikes. Kpler data revealed on Tuesday that the number of cargo vessels passing through the Strait of Hormuz on Monday was seven…

Cuba's foreign minister says no negotiations despite "genocidal" blockade

Posted to Maritime Reporter on September 7, 2026

Cuba's top diplomat stated on Monday that there were no ongoing talks with the United States and there was also no plan for future negotiations. This is despite a "genocidal blockade" which Cuba claims has caused the island nation economic damage of over $8 billion dollars in the past year.

Saudi Arabia cancels wheat bid

Posted to Maritime Reporter on September 7, 2026

The General Food Security Authority of Saudi Arabia announced a cancellation of a tender to buy '535,000 metric tons' (?metric tonnes)?of hard-milling wheat, because the offers submitted were not suitable. Saudi Arabia issued the tender for delivery in November and December last week.

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