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News
Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows
6+ hour, 33+ min ago (1064+ words) © chitsanupong / Adobe Stock Saudi Arabia has shut down its East-West pipeline, after the vital oil conduit came under aerial attack in the widening Middle East war, threatening to send energy prices even higher. The world’s largest crude oil exporter said…...
Iran Waives 10% Levy to Ease Foreign Energy Shipping
4+ day, 3+ 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, 9+ 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, 18+ 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, 11+ 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,…...
Iran claims to have captured a US sub-drone in the Strait of Hormuz
5+ day, 15+ hour ago (303+ words) Posted to Maritime Reporter on September 8, 2026 The Iranian Revolutionary Guards announced on Tuesday that they had captured an unmanned U.S. submarine at the Strait of Hormuz. This was a rare opportunity to see how underwater drones were used for military operations....
73 Injured as Houthis Attack Four Saudi Cities
5+ day, 20+ hour ago (741+ words) Yemen's Tehran-backed Houthis attacked four cities in the south of U.S. ally Saudi Arabia on Tuesday, wounding more than 70 people and setting oil installations ablaze in what appeared to be a major expansion of the six-month-old Middle East war.The Houthis,…...
Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations
6+ day, 5+ 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, 10+ 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…...