Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y, fuelled by a 26% y/y drop in grain exports from the Black Sea as Russian and Ukrainian attacks on ships and port infrastructure have intensified.“A recent proposal by Ukraine to halt attacks on shipping in the Black Sea has been rejected by Russia, reducing hopes for a near-term recovery in exports. In addition, weaker maize shipments from Brazil due to delayed harvest have weighed on global grain volumes…
Seven commodity ships sailed along the Strait of Hormuz on Thursday, just half the previous day's tally, showed data from shiptracker Kpler, amid concern over risk to Middle East shipping as U.S.-Iran peace talks remain in limbo.Of the total…
Shipping through the Strait of Hormuz slowed, data showed on Wednesday, as most shipowners avoided the key waterway because of a lack of clear signalling on its reopening from a blockade during the Iran war.Six commodity vessels crossed the strait on Tuesday…
Iraq's cabinet approved mechanisms for exporting Iraqi crude through specialized international and local companies and via multiple export outlets, the government said on Tuesday.The contracts under the new mechanism will run for three months starting September 1…
Ship crossings via the Strait of Hormuz were still in single digits on Monday, despite rising slightly from the weekend, according to preliminary shipping data on Tuesday, amid a stalemate in U.S. and Iranian peace talks.Six commodity ships transited the strait on Monday…
Shipping through the Strait of Hormuz slowed over the weekend, data showed on Monday, following attacks on tankers, while U.S.-Iran talks to resolve the Middle East conflict stalled.Five commodity vessels transited the strait on Saturday, with none registered for Sunday…
Yemen's Mocha port has suspended commercial and maritime operations after being hit by more than 25 missiles in Houthi attacks over recent days, the port's director said on Saturday.The attacks killed seven people and caused an estimated $16 million in losses…
Firefighters were battling flames on Friday at Russia's Baltic Sea port Ust-Luga, a major energy exports hub, after a fire sparked by a drone attack, regional governor Aleksander Drozdenko said on messaging app Telegram.More than fifty drones were downed in the Leningrad region…
Ukraine has sent Russia an offer suggesting they both halt attacks on civilian targets in the Black Sea, a source said, after mounting strikes on vessels and ports there raised fears over global food supplies.The offer to suspend attacks was transmitted by Kyiv via a third party…
U.S. Customs and Border Protection said on Thursday the Department of Homeland Security has approved a second 90-day extension of a Jones Act waiver first issued on March 17, 2026, allowing certain covered cargoes to continue moving on foreign-flagged vessels between U…
Just how much crude oil is leaving the Strait of Hormuz?U.S. Energy Secretary Chris Wright claims almost nine million barrels per day, but the companies that track vessel movements say at best it is about half this volume.The amount of crude leaving the Middle East via the narrow chokepoint matters…
A major Ukrainian attack on Russia's Black Sea port city of Novorossiysk hit warships at a naval base and forced two major grain terminals to halt operations on Wednesday, according to Russian and Ukrainian officials as well as grain industry sources…
I first heard about the Jones Act from my father in 1976. He had just become part of the US maritime community and one day came home and started to tell me about the differences between the US maritime community and the Dutch maritime community…
The U.S. government has sold for scrap two sanctioned oil tankers that were seized in the days after Washington's raid on Venezuela, Lloyd's List reported on Monday.Dubai-headquartered vessel recycling firm Global Marketing Systems purchased the tankers last month for an undisclosed sum…
President Donald Trump has extended for 90 days a waiver allowing foreign-flagged ships to transport oil and other commodities between U.S. ports, but imposed new limits after shipbuilders and their allies in Congress argued the policy was undermining the domestic maritime industry…
