Posted to Maritime Reporter
on
February 2, 2026
The Malaysian Maritime Enforcement Agency announced on Saturday that two tankers suspected of illegal'ship-to ship oil transfers' were detained last week and that more than 512 million ringgit (US$129.9m) of crude oil was seized. This occurred 24 nautical miles west from Muka Head in Penang.
Posted to Maritime Reporter
on
February 1, 2026
The Malaysian Maritime Enforcement Agency announced on Saturday that two tankers suspected of illegal transfers of oil between ships were detained, and a total of?more than 512,000,000 ringgit ($129.9M) worth of 'crude oil was seized last week 24 nautical miles west of Muka Head in Penang.
Posted to Maritime Reporter
on
January 31, 2026
As demand for Urals crude drops and customers consider the growing risks of sanctions, traders are increasingly using tanks to store it. Calculations based on LSEG data and trade data. India and Turkey, two major importers of Russian oil, have…
Posted to Maritime Reporter
on
January 31, 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 31, 2026
German commuter and bus services will likely grind to a halt across the country as the major public services union has called for a nearly nationwide strike over a dispute with employers at the municipal and state level. In a Friday statement…
Posted to Maritime Reporter
on
January 31, 2026
The Arctic is not a frozen peripheral, particularly after the spat between the U.S. and Europe over Greenland. The High North is becoming a strategic hub for minerals, energy and shipping as the sea ice begins to melt. The Arctic is heating up four times faster than other parts of the world…
Posted to Maritime Reporter
on
January 30, 2026
Citi said that it expects U.S., Israel and other countries to take limited action against Iran over its nuclear program in the near future. This will avoid an escalatory reaction to force the country to a deal. Bank of America said that the smaller steps could include limited U.S.
Posted to Maritime Reporter
on
January 29, 2026
The Arctic is not a frozen peripheral, particularly after the spat between the U.S. and Europe over Greenland. The High North is becoming a strategic hub for minerals, energy and shipping as the sea ice begins to melt. The Arctic is heating up four times faster than other parts of the world…
Posted to Maritime Reporter
on
January 29, 2026
The vast European natural gas storage network will exit winter with its lowest level for years. Yet, market prices show a complacency that is at odds with the immense challenge faced by traders in replenishing their inventories. Since the Russian invasion of Ukraine…
Posted to Maritime Reporter
on
January 29, 2026
Citgo Petroleum, a U.S. refiner, has purchased Venezuelan crude oil for its first purchase since 2019. This was when Citgo severed its ties with Petroleos de Venezuela (its parent company), two sources said on Wednesday. The 830,000-barrel-per-day refiner…
Posted to Maritime Reporter
on
January 29, 2026
Two trade sources told? Two trade sources confirmed that a cargo of Australian canola, which arrived in southern China this?month, has passed inspection. Processing at a crushing?plant is expected to begin this week. China's COFCO, a state-owned company…
Posted to Maritime Reporter
on
January 29, 2026
Two U.S. officials said on Wednesday that the United States will hand over to Venezuela a fuel tanker it had seized earlier this month. Since late last year, the United States has been attempting to seize oil tanks 'linked' to Venezuela. Seven arrests have taken place.
Posted to Maritime Reporter
on
January 29, 2026
Two sources with knowledge of the matter confirmed on Wednesday that Citgo Petroleum, a U.S. refiner, has bought Venezuelan crude for the first since 2019. That was when it severed its ties with Petroleos de Venezuela - the state-run oil company.
Posted to Maritime Reporter
on
January 29, 2026
The French shipping company CMA CGM has partnered with U.S. investment group Stonepeak to form a joint-venture valued at almost $10 billion. This venture will 'operate and develop port terminals in the United States, among others,' the companies announced on Wednesday.
Posted to Maritime Reporter
on
January 29, 2026
European traders reported that Tunisia’s state grain agency is believed to have purchased approximately 100,000 metric tons soft?milling?wheat and approximately 100,000?tons?of durum at an international tender on Wednesday for the same volume.
Posted to Maritime Reporter
on
January 29, 2026
According to European traders, Tunisia’s state grain agency reportedly purchased about 100,000 metric tons of soft milling wheat on Wednesday and approximately 100,000 tons durum at an international auction for the same volume. Trading house…
Posted to Maritime Reporter
on
January 29, 2026
Initial assessments by European traders suggest that the lowest price offered at Wednesday's?international tender?from Tunisia’s state grains agency?to buy around 100,000 metric tonnes of?soft?wheat?was $256.16 per ton, cost and freight included.
Posted to Maritime Reporter
on
January 27, 2026
European traders reported on Tuesday that Tunisia’s state grain agency had issued a?international tender for the purchase of about 100,000 metric tons of soft wheat milling and 100,000 tons durum wheat. Origin was optional. The deadline for submitting price offers in the tender is on Wednesday…
Posted to Maritime Reporter
on
January 27, 2026
Prime Minister Narendra Modi stated on Tuesday that India's energy-related infrastructure could offer investment opportunities worth $500 billion to the South Asian nation in its quest to become independent in energy production. "We're moving from energy security to a?energy independent...
Posted to Maritime Reporter
on
January 27, 2026
The European Union has agreed to develop a massive offshore wind network. This is a major step forward in the region’s efforts to reduce its dependency on U.S. gas imports while also tackling rising costs for renewable energy. On Monday, at the North Sea Summit…
