Posted to Maritime Reporter
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February 14, 2026
Four sources told us that Venezuela's PDVSA, the state-owned oil company, has refused to sell to companies who do not have individual U.S. licences. This is limiting the exports of oil and stopping the country from draining its brimming tanks more quickly.
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February 14, 2026
British International Investment, the UK's development investment agency, welcomed DP World’s new chief executive on?Friday and said it would resume investments with the Dubai-based port operator. BII earlier this week halted all new investments…
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February 14, 2026
Dubai Media Office reported that DP World, the port giant in Dubai, announced Friday the 'appointment' of Essa?Kazim?as a?chairman?of its board?and Yuvraj narayan?as group chief executive?officer?. This was after mounting pressure had been placed…
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February 14, 2026
It said that the European Bank for Reconstruction and Development will sell a Danube River Port in Moldova called Giurgiulesti to a neighboring Romania, as the Black Sea State seeks to increase its logistics role 'in central and southeast europe.
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February 14, 2026
Oleksiy Kulba, Ukraine's deputy prime minister, said that a 'Russian drone' attack had killed one person and injured six others at a port in the Odesa region of Ukraine on the Black Sea. Kuleba stated that the infrastructure of a business was?damaged.
Posted to Maritime Reporter
on
February 12, 2026
Norwegian Cruise 'Line Holdings announced on Thursday that?John Chidsey has been appointed as its chief executive officer, effective immediately. Harry Sommer is stepping down. Chidsey was appointed to the Norwegian board of directors in 2025 after a previous tenure from 2013 to 2022.
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February 12, 2026
American 'Magic', the sailing team owned by U.S. sports investor Doug?DeVos and based in New Zealand, bought Danish SailGP record-holders ROCKWOOL racing for $60 million. The deal was announced on the eve before the New Zealand event of the global league.
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February 12, 2026
American Magic, a sailing team owned by U.S. sports investors Doug DeVos and ROCKWOOL, have bought the Danish 'SailGP' speed record holders ROCKWOOL racing in a 60 million dollar deal announced on the eve before the New Zealand event of the global league.
Posted to Maritime Reporter
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February 12, 2026
Two industry sources confirmed on Thursday that the Lukoil owned Volgograd refinery in Russia's southern region halted oil processing on Tuesday. This was after a fire broke out following an attack by Ukrainians. In January, peace talks led…
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February 12, 2026
Fincantieri pledged on Thursday to 'double its core profits to 1.25 billion euros ($1.49billion) by 2030, under a new multi-year defence-focused strategy. This will also double the'shipyard production capacity of 'Italy and expand its underwater business.
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February 12, 2026
Hong ?Kong's CK Hutchison said on Thursday it has ?notified Panama of an investment-protection treaty dispute after A.P. Moller-Maersk has indicated that it is willing to temporarily take over the management of 'the Balboa and Cristobal terminals.
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February 12, 2026
Data from industry sources showed that Russia's seaborne petroleum products exports for January 2026 increased by 0.7%, compared to December, at 9.12 millions metric tons. This is due to a seasonal decline in domestic demand and high fuel production.
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February 12, 2026
Ukrzaliznytsia, the state-owned railway company, said 'on Thursday that grain shipments into Ukrainian ports have remained below 'last year levels despite an increase since?February. Analysts and officials say that the Russian attacks on Ukrainian ports…
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February 12, 2026
The UK Development Finance Agency and Canada's second largest?pension funds have suspended new investments?with global port operator DP World due to alleged ties between DP World's chief executive and disgraced financier Jeffrey Epstein. This has increased pressure on the Dubai based firm.
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on
February 12, 2026
A government source confirmed that the Italian cabinet had approved a bill authorizing?naval blocksades during times of "exceptional pressure" on the country's border. This is part of a broader?tightening?of measures against irregular arrivals.
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on
February 12, 2026
Autopsy results show that the majority of 15 Afghan migrants killed last week off the Greek island of Chios when their dinghy collided a coast guard vessel died from head injuries and not drowning. The February 3 collision, one of the deadliest migrant incidents in Greece in recent years…
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on
February 12, 2026
Italian shipbuilder Fincantieri announced a partnership on Wednesday with the 'deep-tech company, 'Generative Bionics' to develop a humanoid robot that will work alongside its workers in shipyards. Fincantieri’s shipyard in Genoa, Italy, will begin testing the robot by 2026.
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February 12, 2026
The state grain board of Turkey, TMO, has purchased?255,000 metric tons?of animal feed barley?in a?international tender?on Wednesday. The lowest estimated price was $266.20 per ton, cost and freight included. TMO's tenders include provisional…
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February 12, 2026
Initial assessments by traders indicated that the lowest price offered in the first round tender of the 'Turkey state grain board TMO for the purchase and import of 255,000 metric tons of animal feed barley was $266.20 per ton, cost and freight included.
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on
February 11, 2026
Data from traders, LSEG, and calculations on Wednesday showed that ultra-low-sulphur fuel loadings at the 'Russian port Primorsk' may fall by 17% in February compared to last month, due to a 'lower fuel production and harsh Baltic weather, which disrupts supplies.
