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US prepares more sanctions on tankers carrying Russian oil, sources state

Posted to Maritime Reporter on January 6, 2025

understanding of the matter said on Sunday. workplace on Jan. complaints about the expense of U.S. support for Ukraine. will be. barrel cost cap, the sources stated. so-called shadow fleet of aging ships to evade the cap. professionals say. Since Russia's February 2022 invasion of Ukraine, the U.S.

Venezuela's oil exports in 2024 will rise 10.5% amid political turmoil

Posted to Maritime Reporter on January 3, 2025

Venezuelan oil exports increased 10.5% in the last year, despite the political instability of the country and the changes made to the U.S. sanction regime. This was due to partners of the state oil company PDVSA taking more cargoes with licenses issued by Washington.

Egypt's Mostakbal Misr receives first wheat import shipment

Posted to Maritime Reporter on January 1, 2025

The port data viewed by revealed that Egypt's state grain purchaser, Mostakbal Misr for Sustainable Development received its first wheat shipment imported on December 30, 2018. The Mikhail Nenashev, carrying a shipment of 28,000 tons, arrived at Alexandria's port.

Finland Coast Guard secures oil tanker following engine failure

Posted to Maritime Reporter on December 30, 2024

The Finnish Coast Guard said Monday that it would deploy one of its patrol boats and a towboat to help an oil tanker in the Gulf of Finland after its engine failed. It was trying to avoid environmental damage. The coast guard reported that the 183-metre-long (600-foot-long) M/T Jazz…

Moldova's separatist region cuts gas as Ukraine transit deal runs out

Posted to Maritime Reporter on December 29, 2024

Authorities in Moldova's. separatist Transdniestria region on Sunday cut off gas products. to numerous state institutions as a deal enabling Russian gas to. transit through Ukraine concerns an end at the close of the. year. The cutoff was enforced 2 days before the transit deal runs.

Egypt meets its wheat requirements through June 2025

Posted to Maritime Reporter on December 27, 2024

Two sources who have direct knowledge of the matter said that Egypt's state grain purchaser, Mostakbal misr for Sustainable Development (Mostakbal Misr), has secured enough wheat to cover Egypt's requirements through June 2025. Some traders…

Sisi estimates that regional challenges will cost Egypt $7 billion in Suez Canal revenue by 2024.

Posted to Maritime Reporter on December 26, 2024

Abdel Fattah al-Sisi, Egyptian president, said that the Red Sea events and regional challenges will cost Egypt $7 billion in revenue from the Suez Canal by 2024. Sisi, in a statement without giving any details, said that Egypt lost 60% of its canal revenues between 2024 and 2023.

LSEG data: Sanctioned LNG Tanker Mulan headed to Egypt

Posted to Maritime Reporter on December 26, 2024

According to LSEG, a sanctioned LNG-tanker named "Mulan", that approached Novatek’s SAAM FSU floating store facility in Murmansk in December 21, is now sailing around Northern Europe on its way towards Port Said, Egypt. The vessel should arrive at its destination by January 6, 2025.

Owner of Russian cargo ship that sank near the coast of Spain says it was an 'act' of terrorism.

Posted to Maritime Reporter on December 25, 2024

The owner of the Russian cargo vessel Ursa Major, which sank into the Mediterranean Sea on Wednesday, said that the ship was a victim of an "act of terrorism". This statement came from the state news agency RIA. Two of the 16 crew members were reported missing after an explosion in the engine room.

Algeria purchases milling wheat at tender, traders claim

Posted to Maritime Reporter on December 24, 2024

Initial assessments by European traders indicate that Algeria's state grain agency OAIC bought milling wheat at an international auction which ended on Tuesday. They reported that the cost of a metric tonne, including freight and cost (c&f), was between $257 and $258.

Mosaic reports lower sales of phosphates and potash in the early Q4

Posted to Maritime Reporter on December 23, 2024

Mosaic Fertilizer said that its sales of phosphates and potash fell in the first two quarters of the fourth year compared to the previous one. The company reported that the phosphate sales volume for October and November fell 7.2%, to 946 000 tonnes…

Saudi Arabia was top purchaser of Russian fuel oil and VGO in November, LSEG data programs

Posted to Maritime Reporter on December 23, 2024

( VGO) exports in November, according to traders and LSEG information. according to Reuters computations based upon LSEG data. products. million loads. million loads. according to market sources. refining feedstock swimming pool as more affordable alternative to Urals crude. also in China. Canal.

Ambulance service: Israeli military reports that a Yemeni missile landed near Tel Aviv and 14 people were lightly injured.

Posted to Maritime Reporter on December 20, 2024

The Israeli military claimed that it did not intercept a Yemeni missile which fell early Saturday morning in the Tel Aviv/Jaffa region. According to the ambulance service, 14 people suffered mild injuries. The ambulance service reported that…

The second vessel carrying wheat for Egypt's GASC departs Russia

Posted to Maritime Reporter on December 20, 2024

Sources and LSEG shipping information showed that a second shipment of 54,000 metric tonnes of Russian wheat, out of the 430,000 Egypt purchased in September, left the port at Novorossiysk last Friday. The Russian agricultural watchdog confirmed…

Algeria purchases durum wheat at tender, traders claim

Posted to Maritime Reporter on December 18, 2024

European traders claim that Algeria's state grain agency OAIC purchased durum wheat at an international auction on Wednesday. Uncertainty surrounded the volume of goods purchased. Initial estimates by traders put the volume of purchase between 350…

Bangladesh announces a new tender for the purchase of 50,000 tons rice

Posted to Maritime Reporter on December 17, 2024

On Tuesday, traders reported that Bangladesh's state grain buyer had issued an international tender for the purchase of 50,000 metric tonnes of rice. The deadline to submit price offers is January 1. According to the Agriculture Ministry, floods…

Jordan has 7 bidders in the 120,000 T wheat auction, traders claim

Posted to Maritime Reporter on December 17, 2024

Initial assessments indicate that seven trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer for 120,000 metric tonnes of wheat. Participants are believed to include CHS, Cargill Viterra, Ameropa Cereal Crops, and Buildcom.

Iran's judiciary news agency reports that two confiscated tankers will be auctioned off by Iran.

Posted to Maritime Reporter on December 17, 2024

The Iranian judiciary’s Mizan News Agency reported on Tuesday that Iran will auction off two seized oil tanks involved in oil smuggling. Mizan quoted a judiciary official saying that "Two oil tanks Sagha 2... and Ariana... would be sold at the auction".

Ukrainian PM: Russian Gas Transit Deal will not be Extended After Dec 31

Posted to Maritime Reporter on December 16, 2024

Denys Schmyhal, Ukrainian Prime Minister, said that a deal to allow the transit of Russian Gas through Ukraine would not be extended past the end of this year as certain European countries intensified their search for supplies. Shmyhal wrote…

Ukrainian PM: Russian Gas Transit Deal will not be Extended After Dec 31

Posted to Maritime Reporter on December 16, 2024

Denys Schmyhal, Ukrainian Prime Minister, said Monday that a deal to allow the transit of Russian Gas through his country will not be extended past the end of this year. Shmyhal wrote on Telegram after speaking with Slovak Prime Minster Robert…

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