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News
Iran Waives 10% Levy to Ease Foreign Energy Shipping
4+ day, 2+ hour ago (164+ words) © Pawinee / Adobe Stock Iran has suspended a 10% charge on freight fees for foreign vessels carrying imported or exported oil, gas and liquid petroleum products to and from Iran, the semi-official Fars news agency reported on Thursday. A U.S. naval…...
Brent Crude Oil Prices Rise Above $100/Barrel
4+ day, 17+ hour ago (941+ words) Brent crude futures breached $100 a barrel on Wednesday for the first time since late July after Iran and the U.S. struck tankers in the biggest wave of attacks on shipping since the war began, threatening to worsen the ongoing impairment of…...
Bousso
5+ day, 2+ hour ago (969+ words) 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…...
Data shows that shipping traffic through the Strait of Hormuz is below the 10-day average
5+ day, 10+ hour ago (203+ words) 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,…...
Oil Prices Reach Six-Week High
5+ day, 19+ hour ago (130+ words) Chicago wheat futures jumped on Tuesday as hopes faded for a U.S. diplomatic effort to end the war in Ukraine, which has… Greece finalised a deal on Tuesday for the purchase of two Bergamini class frigates from Italy, its defence ministry…...
Hapag-Lloyd Revising $4.2B ZIM Offer to Address Israeli Concerns
6+ day, 59+ min ago (490+ words) © olrat - stock.adobe.com / Adobe Stock Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion cash purchase of ZIM Integrated Shipping Services, the German shipping group said on Monday. The proposed deal has faced heavy opposition…...
Hormuz traffic drops after Iran threatens to retaliate for US attacks
6+ day, 9+ hour ago (171+ words) 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…...
Low oil prices attract buyers to Iraq, which boosts exports of crude oil in August
1+ week, 5+ day ago (684+ words) 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…...
Iran Reaches Seven Weeks Without Crude Exports Due to US Hormuz Blockade
1+ week, 5+ day ago (662+ words) For the first time on record, Iran has gone about seven weeks without shipping meaningful crude exports through the Strait of Hormuz, as a U.S. naval blockade succeeds where years of sanctions failed by cutting off one of Tehran's main sources…...
Iran Creates Oil Bonanza for the Americas
1+ week, 6+ day ago (910+ words) Ron Bousso September 1, 2026 From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency…...