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Three vessels struck by gunfire on Strait of Hormuz; crews are safe

Posted to Maritime Reporter on April 22, 2026

According to maritime security'sources' and United Kingdom Maritime Trade Operations (UKMTO), at least three container ships were hit by gunfire on Wednesday in the Strait?of?Hormuz. Iran has placed restrictions on the use of the Strait by ships, initially in retaliation to the U.S.

New York Times Business News - April 20, 2019

Posted to Maritime Reporter on April 20, 2026

These are the top business stories from the New York Times. These?stories have not been?verified' and?the?New York Times cannot vouch for the accuracy of these stories. After two months of war, sales in the Persian Gulf countries have plummeted. Chris Wright, U.S.

Russia sends first wheat via Caspian Sea to Iran in years

Posted to Maritime Reporter on April 17, 2026

Data showed that Russia will send wheat to Iran via the Caspian sea for the first time since years, in the first quarter of 2026. The war in the Middle East has made the salt lake a more important trade route between the two countries. The Black…

Merz pledges German contribution to Hormuz mission, says US input 'desirable'

Posted to Maritime Reporter on April 17, 2026

German Chancellor Friedrich Merz stated 'on Friday' that his country was "prepared" to contribute a mission that would ensure freedom of navigation through the Strait of Hormuz. Merz, along with his counterparts in France, Britain, and Italy…

The Iran War exposes the weakness of Britain's military

Posted to Maritime Reporter on April 16, 2026

After years of warnings by military chiefs that the UK's capabilities were shrinking, the Iran war left Britain's armed services exposed. This put pressure on Keir starmer, Prime Minister, to make good on his promise to invest in defence. After…

Iran suspends exports of petrochemicals until further notice

Posted to Maritime Reporter on April 16, 2026

The economic newspaper Donya-e-Eqtesad published a report on Thursday that Iran had halted all exports of petrochemicals in order to 'prioritise the domestic supply' and prevent shortages. This was due to the?disrupted production? after Israel attacked several petrochemical centers.

Official: UK will convene further talks on Strait of Hormuz Strait next week

Posted to Maritime Reporter on April 10, 2026

A British official who was aware of the discussions said that Britain would convene the latest round of talks next week with its allies to discuss a way to open up the Strait of Hormuz for shipping without paying tolls to Iran. The official…

Asda in Britain is hit by fuel shortages due to the Iran war.

Posted to Maritime Reporter on March 27, 2026

Asda's boss said that the U.S. and Israeli 'war on Iran' has caused a spike in demand for fuel, resulting in temporary?shortages? at some of their forecourts. Fears of higher prices and supply disruptions from the conflict are driving motorists to fill up more often.

As ships reroute to the Cape, African bunkering hubs benefit

Posted to Maritime Reporter on March 23, 2026

The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…

US eases sanctions on Russia to calm price spike, angering European allies

Posted to Maritime Reporter on March 13, 2026

The United States granted a 30-day waiver to countries that want to purchase Russian oil or?petroleum stranded on the sea. This drew criticism from Germany and its allies in Europe, but was welcomed by Moscow. The U.S. Treasury secretary Scott?Bessent…

US allows countries to purchase Russian oil that has been stranded on the sea for 30 Days

Posted to Maritime Reporter on March 12, 2026

The United States has issued a license to countries for a period of 30 days to purchase stranded Russian oil and petroleum products. This was done to help stabilize the global energy markets, which have been shook by the war against Iran. In…

Trump will hold a Monday press conference following the close of the markets

Posted to Maritime Reporter on March 9, 2026

U.S. President?Donald Trump announced that he will hold a news conference on Monday, before returning from Florida to Washington. He did not give any details as to what he planned to discuss. After the close of?US. The markets close. The news…

Ship tracking data shows that a Greek-operated oil tanker carrying Saudi cargo passes through Hormuz.

Posted to Maritime Reporter on March 9, 2026

Analysis from ship tracking?platforms Kpler?and Lloyd's List?Intelligence on Monday showed that a?Greek operated oil tanker?sailed?through the Strait?of Hormuz?with?a?cargo?of Saudi Arabian crude?and its destination listed as India. MarineTraffic data showed that the Shenlong Suezmax tanker…

Sources say that Shell-CNOOC China's joint venture will close its steam cracker because of disruption in feedstock.

Posted to Maritime Reporter on March 6, 2026

Shell's petrochemical complex in south China, a joint venture with China's CNOOC plans to shut down a steam breaker "soon". It has also informed domestic customers that it is unable to provide certain products. CNOOC & Shell 'Petrochemicals Company Ltd…

Sources: Malta-flagged container vessel hit by projectile at Hormuz and abandoned

Posted to Maritime Reporter on March 4, 2026

Shipping sources reported that the crew of the Maltese container ship Safeen Prestige abandoned ship after it was damaged by a projectile as it sailed towards?the top of the Strait of Hormuz? on Wednesday. Vanguard, a British maritime risk management company…

Pentagon: US forces capture third sanctioned oil-tanker in Indian Ocean

Posted to Maritime Reporter on February 24, 2026

The Pentagon announced?on Tuesday that U.S. forces had intercepted a sanctioned tanker in the Indian Ocean, after tracing it from Caribbean waters. This was the third interdiction of this kind in the region. Washington has stepped up its blockade of vessels going to or from Venezuela…

Bousso: US and China are the key to containing an oil shock in the Middle East

Posted to Maritime Reporter on February 24, 2026

A major military conflict between the U.S., Iran and other countries could cause a disruption of Middle East oil supply. It could be that the vast oil reserves held by the U.S. or China are crucial in controlling it. As the American military builds up in the region…

Kommersant reports that the discount for Russia's Urals has risen to $28 in Baltic countries - its highest level since 2023.

Posted to Maritime Reporter on February 20, 2026

The 'discount on Brent' for Russia’s flagship Urals oil blending in the Baltic Sea, reported the Kommersant paper citing Argus data, has widened up to $28 a barrel. This is the highest level since a peak -in April 2023. The federal budget has…

Hapag-Lloyd acquires Israel's ZIM in global shipping deal for $4.2 billion

Posted to Maritime Reporter on February 16, 2026

Hapag-Lloyd, a German shipping company, announced on Monday that it would purchase Israel's ZIM for $4.2 billion. This will cement its position as the fifth-largest group in the world. The deal was met with a backlash from Israelis, as ZIM employees at the Haifa headquarters went on strike…

India steps up surveillance after seizing Iranian-linked US sanctioned tankers

Posted to Maritime Reporter on February 16, 2026

India has taken three U.S. sanctioned tanker ships linked to Iran this month, and increased surveillance in its maritime zone to stop illicit trade. A source with first-hand knowledge of the issue said that on Monday. The source said that India…

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