Posted to Maritime Reporter
on
February 24, 2026
Four sources and shipping data indicate that buyers and trading houses of Venezuelan oil chartered the very large crude carriers to export the South American nation?since the Caracas-Washington deal was signed. This move will boost deliveries to India.
Posted to Maritime Reporter
on
February 24, 2026
Traders in Europe reported that Algeria's OAIC, the state grains agency, bought milling wheat amidst an international tender which closed on Tuesday. They reported that purchases were between $259 and $250 per metric ton with cost and freight included.
Posted to Maritime Reporter
on
February 24, 2026
?European Traders reported that Algeria's state grain agency OAIC bought a?milling?wheat in an international tender? which closed?? on Tuesday. They said that the initial cost of a metric tonne, including freight and costs, was $257, $259, and $260.
Posted to Maritime Reporter
on
February 24, 2026
Sources and data indicate that trading houses and buyers of Venezuelan oil chartered the very large crude carriers to export from the South American nation since the Caracas-Washington deal was signed. This is expected to increase shipments to India and speed up the process starting in March.
Posted to Maritime Reporter
on
February 24, 2026
The Pentagon announced?on Tuesday that U.S. forces had intercepted a sanctioned tanker in the Indian Ocean, after tracing it from Caribbean waters. This was the third interdiction of this kind in the region. Washington has stepped up its blockade of vessels going to or from Venezuela…
Posted to Maritime Reporter
on
February 24, 2026
A major military conflict between the U.S., Iran and other Middle Eastern countries could cause a disruption of oil supplies in the region. It could be that the vast oil reserves held by both the U.S.A. and China are crucial in controlling it.
Posted to Maritime Reporter
on
February 24, 2026
Industry sources claim that the cost of shipping crude oil has risen?to its highest level in six years. This is due to a surge of crude exports out of the Middle East, as traders rush to book charters before a possible conflict between the U.S.
Posted to Maritime Reporter
on
February 24, 2026
Sources familiar with the matter say that Pengerang Refining Company in Malaysia (Prefchem), has reduced 'output' at its refinery after it closed one of two units for repairs - until April. They added that this has resulted in a decrease in exports of refined goods for the month.
Posted to Maritime Reporter
on
February 24, 2026
A major military conflict between the U.S., Iran and other countries could cause a disruption of Middle East oil supply. It could be that the vast oil reserves held by the U.S. or China are crucial in controlling it. As the American military builds up in the region…
Posted to Maritime Reporter
on
February 22, 2026
European traders reported on Sunday that Algeria's state grain agency OAIC had issued a?international?tender to purchase soft milling wheat sourced from optional origines. Algeria usually buys more than the nominal amount sought in its tenders.
Posted to Maritime Reporter
on
February 20, 2026
Data shows that the world's benchmark Brent crude oil is being sold at the lowest price in three years from the Baltic ports of Russia. Discounts are important, as they result from sanctions that the West imposed against Russia for the "war" in Ukraine.
Posted to Maritime Reporter
on
February 20, 2026
The 'discount on Brent' for Russia’s flagship Urals oil blending in the Baltic Sea, reported the Kommersant paper citing Argus data, has widened up to $28 a barrel. This is the highest level since a peak -in April 2023. The federal budget has…
Posted to Maritime Reporter
on
February 16, 2026
Hapag-Lloyd, a German shipping company, announced on Monday that it would purchase Israel's ZIM for $4.2 billion. This will cement its position as the fifth-largest group in the world. The deal was met with a backlash from Israelis, as ZIM employees at the Haifa headquarters went on strike…
Posted to Maritime Reporter
on
February 16, 2026
India has taken three U.S. sanctioned tanker ships linked to Iran this month, and increased surveillance in its maritime zone to stop illicit trade. A source with first-hand knowledge of the issue said that on Monday. The source said that India…
Posted to Maritime Reporter
on
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.
Posted to Maritime Reporter
on
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…
Posted to Maritime Reporter
on
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…
Posted to Maritime Reporter
on
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.
Posted to Maritime Reporter
on
February 10, 2026
Marsa Maroc, Morocco’s leading port operator said that it had signed a deal on Tuesday with Liberia’s ports authority, to manage the port of Monrovia from the first half of 2026. Marsa Maroc International Logistics will perform rehabilitation work…
Posted to Maritime Reporter
on
February 4, 2026
Sources said that India's Russian imports fell in January. This continued a trend that started in December, as refiners looked for alternative barrels under the pressure of Western sanctions and the ongoing U.S. India trade talks. Donald Trump, the U.S.
