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Bousso

Posted to Maritime Reporter on April 23, 2026

In the past decade, we have seen a rapid succession global energy crises, fueled by conflict, extreme weather and supply chain snarls. The highly fragmented oil and gas market of today is becoming more interconnected, and as the transition to a low-carbon economy accelerates…

Japan's oil refiners are looking to North America as a crude supply source

Posted to Maritime Reporter on March 23, 2026

Japan Petroleum Association President Shunichi Kito said on Monday that North America was a potential source of alternative crude oil for Japanese refiners. Ecuador, Colombia, and Mexico were also considered as options. Oil buyers around the…

Data shows that Venezuelan oil exports dropped 6.5% in February due to the loss of Chinese markets.

Posted to Maritime Reporter on March 3, 2026

Venezuelan oil exports 'fell 6.5% from a month ago to'some 737,000 barges per day' as more shipments into the 'United States' and 'Europe' 'couldn't fully offset the 'loss' of what used to be OPEC's main market - China', according to documents and vessel monitoring data from the state company PDVSA.

US forces board a Venezuelan-linked oil tanker without incident in the Indian Ocean

Posted to Maritime Reporter on February 10, 2026

Defense Secretary Pete Hegseth announced on Monday that U.S. forces boarded an oil tanker traveling from or to Venezuela after pursuing it in the Caribbean. Hegseth said in a post on X that "overnight, U.S. The U.S. stepped up its blockade of vessels going to or from Venezuela…

US refiners struggle with sudden surge of Venezuelan oil imports

Posted to Maritime Reporter on February 4, 2026

According to traders and shipping data, oil refiners in the U.S. Gulf Coast struggle to absorb the rapid increase of Venezuelan crude since last month's $2 billion deal between Caracas & Washington. This has pushed up prices and left some volumes unsold.

Bousso

Posted to Maritime Reporter on February 2, 2026

The hard economic reality of oil will sabotage President Donald Trump's efforts to funnel U.S. crude oil and Venezuelan crude into India, as part of an overall trade agreement. Details of the deal, which was announced by President Trump and…

Ship data shows that supertankers destined to transport Venezuelan oil to China have made a U-turn.

Posted to Maritime Reporter on January 12, 2026

LSEG shipping data revealed on Monday that two China-flagged Supertankers, which were en route to Venezuela to pick up debt paying crude cargoes amidst the U.S. embargo against?the OPEC country?had made a u-turn. They are now returning to Asia. After the U.S.

South Korea's MFG bids up to 210,000 tonnes corn, traders claim

Posted to Maritime Reporter on January 8, 2026

The South Korean Major 'Feedmill Group (MFG), a group of traders in Europe, said that the MFG has announced an international tender for up to 210,000 metric tonnes of animal feed corn. The deadline to submit price bids in the tender is January 9, 2019.

Sources say that Trafigura and Vitol offer Venezuelan crude oil to Indian and Chinese refiners in March for delivery.

Posted to Maritime Reporter on January 12, 2026

Sources from the trade said that Vitol, Trafigura and refiners in India or China have begun discussions about Venezuelan crude oil sales for cargoes due to arrive in March. On 'Friday, global commodities traders confirmed that they had reached agreements with the U.S.

Peter Apps: Frenetic military posturing in 2026 sets the tone for a dangerous new era

Posted to Maritime Reporter on January 8, 2026

Stephen Miller, White House deputy chief, reaffirmed his belief that the U.S. will win any battle of diplomatic will and military power, whether it be between Denmark or the Trump administration. He made this clear in an interview with CNN on Monday.

Venezuela uses floating storage to fill onshore tanks

Posted to Maritime Reporter on December 23, 2025

According to documents and data from the company, Venezuela's PDVSA, the state-owned oil company, has started to fill tankers with crude oil and fuel oil, and keep them in Venezuelan water, due to the accumulation of inventories caused by?the U.S. seizing Venezuelan-linked ships on sea. The U.S.

As on-shore tanks fill due to ship seizures, Venezuela turns to floating storage

Posted to Maritime Reporter on December 23, 2025

According to documents and data from the company, Venezuela's PDVSA state-run oil firm has begun filling up 'tankers' with crude oil and fuel oil that it has in its storage. This is because inventories are increasing amid U.S. moves to seize Venezuelan-linked ships. This month, the U.S.

China calls the US seizure and detention of ships an 'international law violation'

Posted to Maritime Reporter on December 22, 2025

China's Foreign Ministry said on Monday that the seizure by the United States of another country's vessels was a'serious violation of international law', after the U.S. stopped a China bound oil tanker near the Venezuelan coastline. China's Lin Jian…

Sources say that Venezuela has authorized the departure of two supertankers loaded with oil, but not sanctioned by Venezuela.

Posted to Maritime Reporter on December 18, 2025

According to two sources familiarized with Venezuela's oil-export operations, Venezuela approved on Thursday the departure of two very large crude carriers (VLCC). This would be just the second and third supertankers since last week, when a ship carrying Venezuelan oil was seized by U.S.

Grain futures are up on Black Sea tensions and US weather

Posted to Maritime Reporter on December 2, 2025

Analysts said that the benchmark Chicago corn and Wheat futures gained just over 1% Tuesday. They attributed the gains to concerns about tensions around the Black Sea Export Region as well as the cold weather in the Midwest of the United States.

Grain futures are up on Black Sea tensions and US weather

Posted to Maritime Reporter on December 2, 2025

Analysts said that the benchmark Chicago corn and wheat contracts rose by about 1% on Monday, boosted by concerns over tensions in the Black Sea grain-export region, as well as the cold weather that is slowing down grain movement in the U.S. Midwest.

Ocean activist dodges Japanese arrest, vows to fight deep-sea mining and krill industries at COP30

Posted to Maritime Reporter on November 13, 2025

At the COP30 conference in Brazil, a Canadian activist against whaling who had avoided arrest in Japan for over a decade vowed to continue his fight for marine protection – focusing on deep-sea mines and Norway's krill industries. Paul Watson, a U.N.

Taiwan's MFIG offers to purchase up to 65,000 metric tonnes corn

Posted to Maritime Reporter on November 11, 2025

HAMBURG (Germany), Nov. 11 - Taiwan’s MFIG buying group has announced an international tender for up to 65,000 metric tonnes of animal feed corn that can be sourced in the United States, Argentina Brazil or South Africa. According to the sources…

South Korea's NOFI offers to purchase up to 207,000 tonnes of corn

Posted to Maritime Reporter on October 28, 2025

European traders reported on Tuesday that the leading South Korean feedmaker Nonghyup Feed Inc. has announced an international tender for up to 207,000 tons of animal feed grain. The deadline to submit price offers for the tender is also Tuesday 28th October.

South Korea's MFG purchased 68,000 tons corn in a private deal, traders claim

Posted to Maritime Reporter on October 15, 2025

Major Feedmill Group of South Korea (MFG) bought 68,000 metric tonnes of animal feed corn on Wednesday in a private transaction without holding an international tender. The estimated cost and freight was $234.80 per ton plus an additional $1.50 for port unloading.
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