Posted to Maritime Reporter
on
April 23, 2026
In the past decade, we have seen a rapid succession global energy crises, fueled by conflict, extreme weather and supply chain snarls. The highly fragmented oil and gas market of today is becoming more interconnected, and as the transition to a low-carbon economy accelerates…
Posted to Maritime Reporter
on
April 9, 2026
Quantum Pacific has acquired Spain's Los Gallos sailing team, led by Olympic champions Diego Botin & Florian Trittel. This was announced on Thursday. SailGP did not reveal?financial information?of this deal. The sailing league stated that it…
Posted to Maritime Reporter
on
March 3, 2026
Venezuelan oil exports 'fell 6.5% from a month ago to'some 737,000 barges per day' as more shipments into the 'United States' and 'Europe' 'couldn't fully offset the 'loss' of what used to be OPEC's main market - China', according to documents and vessel monitoring data from the state company PDVSA.
Posted to Maritime Reporter
on
March 23, 2026
Japan Petroleum Association President Shunichi Kito said on Monday that North America was a potential source of alternative crude oil for Japanese refiners. Ecuador, Colombia, and Mexico were also considered as options. Oil buyers around the…
Posted to Maritime Reporter
on
February 10, 2026
Defense Secretary Pete Hegseth announced on Monday that U.S. forces boarded an oil tanker traveling from or to Venezuela after pursuing it in the Caribbean. Hegseth said in a post on X that "overnight, U.S. The U.S. stepped up its blockade of vessels going to or from Venezuela…
Posted to Maritime Reporter
on
February 4, 2026
According to traders and shipping data, oil refiners in the U.S. Gulf Coast struggle to absorb the rapid increase of Venezuelan crude since last month's $2 billion deal between Caracas & Washington. This has pushed up prices and left some volumes unsold.
Posted to Maritime Reporter
on
February 4, 2026
Nonghyup Feed Inc., the leading South Korean animal food maker (NOFI), bought an estimated 134,000 metric tonnes of animal feed corn on Tuesday in a?international bid that sought up to 207,000 metric tons. Traders said that two consignments each of up to 67…
Posted to Maritime Reporter
on
February 2, 2026
The hard economic reality of oil will sabotage President Donald Trump's efforts to funnel U.S. crude oil and Venezuelan crude into India, as part of an overall trade agreement. Details of the deal, which was announced by President Trump and…
Posted to Maritime Reporter
on
February 2, 2026
China's net copper imports last year fell to the lowest level since 2017. They totaled 3.03 million metric tonnes. Exports grew dramatically, despite a drop in inbound shipments of only 5% compared to 2024. The largest copper buyer in the world shipped almost 800,000 tonnes.
Posted to Maritime Reporter
on
January 26, 2026
Two sources reported that Russian crude oil cargoes dated February Urals traded in Indian ports at discounts close to the largest since 2022 compared with dated Brent, amid increased pressure from Western sanctions. The two sources claimed that…
Posted to Maritime Reporter
on
January 12, 2026
LSEG shipping data revealed on Monday that two China-flagged Supertankers, which were en route to Venezuela to pick up debt paying crude cargoes amidst the U.S. embargo against?the OPEC country?had made a u-turn. They are now returning to Asia. After the U.S.
Posted to Maritime Reporter
on
January 12, 2026
The 'Ports and Airports Ministry' announced on Monday that Brazil has set a'minimum concession fee' of '500 million reais (92.96 million dollars) for the massive Tecon 10-container terminal auction at the port of 'Santos', which is expected to happen in the second half of March.
Posted to Maritime Reporter
on
January 8, 2026
The South Korean Major 'Feedmill Group (MFG), a group of traders in Europe, said that the MFG has announced an international tender for up to 210,000 metric tonnes of animal feed corn. The deadline to submit price bids in the tender is January 9, 2019.
Posted to Maritime Reporter
on
January 12, 2026
Sources from the trade said that Vitol, Trafigura and refiners in India or China have begun discussions about Venezuelan crude oil sales for cargoes due to arrive in March. On 'Friday, global commodities traders confirmed that they had reached agreements with the U.S.
Posted to Maritime Reporter
on
January 8, 2026
Stephen Miller, White House deputy chief, reaffirmed his belief that the U.S. will win any battle of diplomatic will and military power, whether it be between Denmark or the Trump administration. He made this clear in an interview with CNN on Monday.
Posted to Maritime Reporter
on
December 23, 2025
According to documents and data from the company, Venezuela's PDVSA, the state-owned oil company, has started to fill tankers with crude oil and fuel oil, and keep them in Venezuelan water, due to the accumulation of inventories caused by?the U.S. seizing Venezuelan-linked ships on sea. The U.S.
Posted to Maritime Reporter
on
December 23, 2025
According to documents and data from the company, Venezuela's PDVSA state-run oil firm has begun filling up 'tankers' with crude oil and fuel oil that it has in its storage. This is because inventories are increasing amid U.S. moves to seize Venezuelan-linked ships. This month, the U.S.
Posted to Maritime Reporter
on
December 22, 2025
China's Foreign Ministry said on Monday that the seizure by the United States of another country's vessels was a'serious violation of international law', after the U.S. stopped a China bound oil tanker near the Venezuelan coastline. China's Lin Jian…
Posted to Maritime Reporter
on
December 18, 2025
According to two sources familiarized with Venezuela's oil-export operations, Venezuela approved on Thursday the departure of two very large crude carriers (VLCC). This would be just the second and third supertankers since last week, when a ship carrying Venezuelan oil was seized by U.S.
Posted to Maritime Reporter
on
December 16, 2025
U.S. crude oil futures jumped more than 1% on Wednesday after U.S. President Donald Trump ordered "a total and complete" blockade against all sanctioned tankers that enter or leave Venezuela. U.S. Crude Futures rose 1.3% or 72 cents to $55.99 as of 0022 GMT.
