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Shell has withdrawn from offshore gas projects in Colombia’s Caribbean-Ecopetrol

Posted to Maritime Reporter on April 24, 2025

The state-owned oil company of Colombia announced on Thursday that Shell had pulled out from three joint offshore projects in the Caribbean. Ecopetrol stated in a press release that the two companies were working together to ensure the continuity…

SailGP announces the 2026 venues on five continents

Posted to Maritime Reporter on April 16, 2025

LONDON, 16 April - SailGP will be flying across five continents from Perth's sun-drenched water to Abu Dhabi's glittering final in 2026. The championship has secured a number of venues that are sure to please the crowds under multi-year host deals.

EU tariffs will curb US corn imports; soy is less at risk now

Posted to Maritime Reporter on April 9, 2025

The European Union's counter-tariffs against U.S. products, which will be implemented next week, are expected to stop a large amount of U.S. grain from reaching Europe and increase costs for buyers who want to find alternative sources of feed grain.

Trump will impose a 25% tariff on countries who buy oil and gas from Venezuela

Posted to Maritime Reporter on March 24, 2025

Donald Trump, the U.S. president, said Monday that any country buying oil or gas in Venezuela would be charged a 25% duty on all trades with the United States. The "secondary tariffs" will go into effect on April 2nd, Trump stated in a Truth Social posting.

Algeria announces tender for milling wheat traders claim

Posted to Maritime Reporter on March 10, 2025

European traders reported on Monday that Algeria's state grain agency OAIC had issued a tender for the international purchase of milling wheat. The deadline to submit price offers for the tender is March 12th, with all offers valid until March 13th.

Bretana crude, a niche oil from Peru, is gaining popularity in the US

Posted to Maritime Reporter on January 14, 2025

Bretana crude, a niche oil from Peru, is becoming increasingly popular in the United States. The first cargo was discharged in the U.S. Gulf Coast last month. U.S. refiners are looking for alternatives to Mexican heavy crude. Bretana is a heavy…

SailGP crews in New Zealand will be tested by faster foils as they chase a victory

Posted to Maritime Reporter on January 13, 2025

SailGP crews are tackling the new "T-foils", which have a higher speed, for the first in Auckland this weekend. This follows a successful outing of training on Monday. The L-shaped foils that have been in use since the league's start in 2019…

Pip Hare abandons Vendee Globe Race after Dismasting

Posted to Maritime Reporter on December 16, 2024

Dec 16 - The shattered mast of British sailor PipHare has ended his bid to complete a second Vendee Globe, a 24,000-mile race. The 50-year old woman dismasted the 60ft boat Medallia, about 800 nautical miles south-west of Australia. This ended a solo trip that began on November 10.

More than 20 people are arrested in a cocaine-smuggling investigation between Brazil and Italy

Posted to Maritime Reporter on December 10, 2024

Brazilian and Italian authorities announced that they had launched two joint operations Tuesday to dismantle a transnational conspiracy to transport cocaine using cargo ships or planes from South America to Europe. In Brazil, 18 arrest warrants…

Rolex increases SailGP support as crews head to Dubai for the new season

Posted to Maritime Reporter on November 21, 2024

SailGP's fifth season will begin in Dubai at the weekend, with Rolex as the title sponsor. This partnership has been in place since the creation of the league. Rolex has been involved with sailing for almost 70 years and will become the title…

Louis Dreyfus opens new sugar transshipment facility in Brazil

Posted to Maritime Reporter on November 19, 2024

The agricultural firm Louis Dreyfus announced on Tuesday the construction of a new transshipment sugar terminal in Brazil's Sao Paulo State, which is expected to be finished by mid-2025. Executives from the company claim that the new terminal…

EU Wheat Prices Fall as Black Sea Competition Limits Exports

Posted to Maritime Reporter on November 13, 2024

The European wheat price fell on Wednesday as a result of the continued competition between Russia and Ukraine. Benchmark December milling grain on Paris' Euronext dropped by 1.5% at 1613 GMT to 211.00 Euros, also being dragged lower by a fall in Chicago wheat futures.

Potash production is nearing pre-war levels, forcing producers to reduce output

Posted to Maritime Reporter on October 23, 2024

The global potash supply has returned to the levels before the invasion of Ukraine. Russia and Belarus have increased shipments to Asia, South America and Europe to avoid Western sanctions, and to pressure producers to reduce output to avoid an oversupply.

Trade sources claim that Trader Vitol is selling Venezuelan oil to Indian refiners.

Posted to Maritime Reporter on October 8, 2024

Trade sources reported that two Indian state refiners bought 2,000,000 barrels of Venezuelan oil from Vitol, for delivery in November. This is despite the fact that Venezuelan crude shipments continue to increase to what was previously Venezuela's second-largest oil market.

SailGP debuts 2025 Sassnitz in Germany

Posted to Maritime Reporter on September 26, 2024

SailGP, the adrenaline-fuelled sailing spectacle, is headed to new waters in August 2025. The elite sailing championship will make its highly anticipated German debut on the island Ruegen. Sassnitz along the coast of the island will host two days high-octane races.

Olympics-Canoeing-Czech Fuksa finally lands gold

Posted to Maritime Reporter on August 9, 2024

Martin Fuksa, who is in France for his third Olympics, came to France with the goal of winning the Olympic gold medal. After two previous fifth-place finishes, he won it on Friday. The Czech won the 500m men's single canoe race with an Olympic record of 3:43.16.

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on August 8, 2024

Noah Lyles will be looking to become first American to win Olympic sprint double in 40 years at the Games. More than 30 medals will be awarded throughout the day in athletics as well as sailing, boxing taekwondo wrestling and track cycling.

PARIS OLYMPICS: what you should know now

Posted to Maritime Reporter on August 8, 2024

Noah Lyles will be looking to make history on Thursday by becoming the first American to win the Olympic Sprint Double in 40 years. Throughout the day there will be more than 30 medals available, in sports such as athletics, boxing taekwondo wrestling, and sailing.

PARIS OLYMPICS: what you should know now

Posted to Maritime Reporter on August 8, 2024

Noah Lyles will be looking to make history on Thursday by becoming the first American to win the Olympic Sprint Double in 40 years. After water quality tests showed that the Seine met standards, the women's marathon 10km swimming race went on as scheduled.

PARIS OLYMPICS: what you should know now

Posted to Maritime Reporter on August 8, 2024

On Thursday, the United States will attempt to be the first American to win both the Olympic sprint and the Olympic marathon double in over 40 years. The women's marathon 10km swimming race started early in the morning after the water quality tests on the Seine met the thresholds.
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