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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…...
Hormuz Shipping Traffic in Single Digits: Data
4+ day, 8+ hour ago (177+ words) Posted to Maritime Reporter on September 10, 2026?Vessel Transits in the Strait of Hormuz decreased slightly on Wednesday?to?seven,?compared to the?previous?day?s 12 preliminary shiptracking data revealed on Thursday. Levels were also lower than the 10 day average of…...
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…...
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 Jumps as Houthi Strikes Disrupt Saudi Energy Operations
6+ day, 4+ hour ago (566+ words) © hunterpic2013 / Adobe Stock Oil prices hit multi-week highs on Tuesday after Iran-backed Houthis attacked Saudi energy facilities and Tehran threatened the United States with "economic warfare". Brent crude futures LCOc1 were up $2.00, or 2.06%, at $99.00 a barrel by 0800 GMT. U.S. West Texas…...
Hapag-Lloyd Revising $4.2B ZIM Offer to Address Israeli Concerns
6+ day, 1+ hour 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…...
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…...
Seventy Vessels Wait to Load Grain Near Sulina Canal
2+ week, 4+ day ago (506+ words) Up to 70 vessels are waiting near the Danube's Sulina Canal for access to Ukrainian ports to load grain for export, traders and analysts said on Wednesday, with a shortage of pilots and priority given to other cargoes creating long delays....
UAE Trade Pause, US Sanctions Threaten Indian Exports to Iran
2+ week, 6+ day ago (550+ words) Planned new U.S. sanctions on Iran and the UAE's halt on Tehran trade could severely disrupt Indian exports of rice, tea and pharmaceuticals to Iran, which have been largely routed through Dubai's port in recent years, Indian exporters said on Monday....