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Friday, October 16, 2026

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GRAINS-Chicago Wheat pares gains after reaching multi-year high due to Black Sea supply concerns

Posted to Maritime Reporter on September 2, 2026

Chicago 'wheat' futures retreated on Wednesday from the contract peaks reached during overnight trading and the multi-year highs achieved in the previous session as traders booked profits and considered the latest developments that affect 'Black Sea grain exports.

Iran's website shows that more ships are blacklisted for trying to pass through the Hormuz Strait.

Posted to Maritime Reporter on September 2, 2026

According to a government website, Iran has added new ships that it considers non-compliant and subject to fines or confiscation if they try to sail through Strait of Hormuz. Tehran announced on August 24 that it had blacklisted 45 tankers for…

Low oil prices attract buyers to Iraq, which boosts exports of crude oil in August

Posted to Maritime Reporter on September 2, 2026

According to industry sources and shipping data, Iraq's oil exports increased in August. September shipments are also expected to increase, due to the large profits, and Iranian approval of its tankers passing through?the Strait of Hormuz. The improvement in the supply of heavy…

Erdogan: Mechanism needed to ensure Black Sea security before the grain crisis escalates

Posted to Maritime Reporter on September 2, 2026

Tayyip Erdogan, the Turkish President, said that a permanent mechanism is needed to ensure the safety of maritime commercial?transports in the 'Black Sea' before the grain -crisis escalates. Hakan Fidan, the Turkish Foreign Minister, said earlier…

Industry groups claim that dry weather in Kalimantan disrupts the transport of coal and palm oil.

Posted to Maritime Reporter on September 2, 2026

Industry groups reported on Wednesday that the extreme dry weather in Indonesia's Kalimantan is causing a disruption to?coal, palm oil and shipments as water levels at key rivers have receded. Indonesia, which is the world's biggest thermal?coal exporter and palm oil producer…

Sources: Kirishi oil refinery in Russia halts production after drone attack

Posted to Maritime Reporter on September 2, 2026

One of Russia's largest oil refineries, Surgutneftegaz's Kirishinefteorgsintez, or KINEF, has halted ?crude processing after a drone attack ?on August 30 damaged processing units, two industry sources told ?. Alexander Drozdenko said that a…

Industry group claims that dry weather in East Kalimantan of Indonesia disrupts coal transportation

Posted to Maritime Reporter on September 2, 2026

An industry group reported on Wednesday that the lowering of river water levels in Indonesia's Kalimantan is causing extreme dry weather, which has caused coal shipments to be disrupted. Indonesia, which is the largest thermal coal exporter in the world…

Low oil prices attract buyers to Iraq, which boosts exports of crude oil in August

Posted to Maritime Reporter on September 2, 2026

According to industry sources, and shipping data, Iraq's?oil exports grew in August. September shipments are also expected to increase, due to the large profits and Iranian approval of its tankers passing through?the Strait of Hormuz. The improvement in the supply of heavy…

Governor's Office: Two Turkish-flagged vessels collided off Istanbul

Posted to Maritime Reporter on September 2, 2026

The Istanbul Governor's Office said that two Turkish-flagged ships collided in the Sea of Marmara off Istanbul on?Wednesday. Contact has been lost with the other ship. The Turkish-flagged Alsu and the Turkish-flagged Tugberk Imamoglu collided at 3 a.m.

GRAINS-Chicago Wheat falls after reaching a 3-1/2-year-high on Black Sea Supply Concerns

Posted to Maritime Reporter on September 2, 2026

Chicago wheat futures dropped on Wednesday, after hitting a three-and-a half year high the previous session. Traders were weighing disruptions in Black Sea grain exports due to 'ongoing conflict. Corn and soybeans also fell. By 0302 GMT, the…

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

Posted to Maritime Reporter on September 2, 2026

Preliminary shipping data on Wednesday showed that four commodity vessels passed through the Strait of Hormuz - down from ten a day before - and below the 10-day average of around '13. Initial data from shiptracker Kpler at 0200 GMT showed that four vessels transited: one very large crude tanker…

The deputy foreign minister of Russia says that Russia does not see any reason to resume the Black Sea grain agreement

Posted to Maritime Reporter on September 1, 2026

Alexander Grushko, deputy foreign minister, told reporters that Russia does not see any grounds for the Black Sea grain agreement to be resumed, as Russia and Ukraine continue to attack each other's grain export facilities. The United Nations…

ROI-Efficiency, or resilience? Joachim Klement: Democracies must choose one.

Posted to Maritime Reporter on September 1, 2026

Business and government have long sought to maximize efficiency. The pandemic, the trade wars, and the armed conflict have called this into question. They've also highlighted the importance of resilience. But this comes at a price, one that many elected officials are not willing to pay.

GRAINS-Chicago Wheat reaches multi-year high after Russia rejects Black Sea Grain Plan

Posted to Maritime Reporter on September 1, 2026

Chicago wheat futures hit a three-and-a-half-year high on Tuesday on reports that Moscow ?had rejected a moratorium on attacks in the Black Sea and struck port ?infrastructure in the region overnight, analysts said. Futures recovered from earlier…

GRAINS-Chicago Wheat reaches multi-year high on Russia's Black Sea Attacks

Posted to Maritime Reporter on September 1, 2026

Chicago wheat futures hit a three-and-a-half-year high on ?Tuesday on reports that Moscow had rejected a moratorium on attacks in the ?Black Sea and struck port infrastructure in the region overnight, analysts said. Futures reversed an earlier…

GRAINS-Chicago Wheat hits 3-1/2 year high on Russia's Black Sea Attacks

Posted to Maritime Reporter on September 1, 2026

Chicago wheat futures hit a three-and-a-half-year high on Tuesday on reports that Moscow ?had rejected a moratorium on attacks in the Black Sea ?and struck port infrastructure in the region overnight. Futures recovered from the earlier weakness…

Two tankers transporting Saudi oil are attacked in the Strait of Hormuz

Posted to Maritime Reporter on September 1, 2026

According to Marisks and Kpler, two supertankers carrying Saudi crude oil were hit by unknown projectiles minutes apart while they were transiting through the Strait of Hormuz on their way outbound late Monday. Marisks stated that "the near…

Iran's President says Tehran will reciprocate, if the US honours its commitments under the interim deal

Posted to Maritime Reporter on September 1, 2026

On Tuesday, President Masoud Pezeshkian stated that Iran would immediately reciprocate?if the United States returns its commitments under an interim deal?signed in June. His comments were made at the Shanghai Cooperation Organisation Summit…

As Turkey prepares Black Sea grain transit plan, Chicago wheat falls.

Posted to Maritime Reporter on September 1, 2026

Chicago wheat futures dropped on Tuesday, after Turkey announced that it was in contact with Russia and Ukraine regarding grain shipping via the Black Sea. Soybeans rose, but corn fell. By 0320 GMT, the most traded wheat contract on the Chicago Board of Trade (CBOT), fell by 0.29%.

Paris wheat prices fall on hope for Black Sea shipping agreement

Posted to Maritime Reporter on August 31, 2026

European wheat prices fell sharply Monday as profit-taking after Friday's contract highs was sparked by renewed remarks?by Turkey regarding seeking a diplomatic resolution to?stop the war disruption of Black Sea grain transportation. At 1630 GMT on Friday…

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