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When asked about a possible resume of the Black Sea grain trade, Kremlin says that it has not ruled anything out.

Posted to Maritime Reporter on July 12, 2024

Dmitry Peskov, Kremlin spokesperson, told reporters Friday that Russia has not ruled out any scenario regarding a possible resume of the now defunct Black Sea Grain Deal. After a meeting on Thursday with his Ukrainian counterpart Volodymyr Zelenskiy…

U.S. crude oil gains pared as storm forecast spares oil patch offshore

Posted to Maritime Reporter on July 2, 2024

The forecast track of Hurricane Beryl continues to steer it away from the major offshore production areas of the U.S. regulated northern Gulf of Mexico. Brent crude futures rose 24 cents or 0.28% to $86.84 per barrel at 10:20 AM CDT (1520 GMT). U.S.

Yemen's Houthis claim they have targeted four ships that are 'linked to Israel, the US and UK'

Posted to Maritime Reporter on July 1, 2024

Yemen's Houthis announced on Monday they had conducted four military actions targeting four ships, including four in the Red Sea, Arabian Sea, Mediterranean Sea, and Indian Ocean, "linked to United States, United Kingdom, and Israel". Yahya Saarea…

Officials from Turkey and Somalia are facilitating talks about a port deal.

Posted to Maritime Reporter on July 1, 2024

Four officials with knowledge of the situation say that the Turkey is now mediating between Somalia, Ethiopia and a port agreement Addis Ababa made with the Somaliland breakaway region earlier this year. Negotiations are the latest effort to repair diplomatic ties.