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Venezuela prepares larger oil cargoes to export and targets India

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.

Andy Home: The surge in exports from China is a sign that the global metals market is in turmoil.

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.

Bousso

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…

Bousso: The offshore wind pact between Europe and the US is a hedge to US gas dependence.

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…

UN chief on Venezuela action by US sets a 'dangerous precedence'

Posted to Maritime Reporter on January 3, 2026

His spokesperson stated on Saturday that Secretary-General Antonio Guterres was deeply concerned by the U.S. military actions in Venezuela, which "sets a dangerous precedent." This is ahead of an expected?U.N. Security Council meeting. Diplomats…

Greenpeace's blockade of LNG tankers heading to Belgian terminal has caused disruption

Posted to Maritime Reporter on October 2, 2025

LSEG data revealed on Thursday that at least four LNG-laden tanks bound for the Zeebrugge LNG Terminal in Belgium were either diverted to another terminal or left idle during a Greenpeace 30-hour blockade protesting against European Union imports Russian gas.

Greenpeace's blockade causes LNG tankers to be diverted away from Belgian terminal

Posted to Maritime Reporter on October 2, 2025

LSEG data on Thursday showed that at least three LNG-laden tanks appeared to have diverted from the Zeebrugge LNG Terminal in Belgium as Greenpeace activists protested against European Union imports. The second largest European importer is Russia…

Oil trader 2Rivers, formerly Coral Energy, begins dissolution process

Posted to Maritime Reporter on August 6, 2025

The company announced on Wednesday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has begun the formal dissolution process following the sanctions imposed by Britain and the European Union. The company said it took the decision with great regret…

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…

The first cargo to be shipped from Mexico's Altamira Liquefied natural gas facility is for domestic consumption

Posted to Maritime Reporter on August 2, 2024

New Fortress Energy, a U.S.-based energy company, plans to ship the first LNG cargo to a Mexican port this month. The gas will be used to generate electricity. After long delays, the LNG plant located at Altamira off Mexico's Atlantic Coast…

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