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APK-Inform reduces Ukraine grain harvest forecast for 2026

Posted to Maritime Reporter on April 13, 2026

Ukrainian 'APK-Inform' agriculture consultancy announced a?revision down of Ukraine’s 58.2 metric ton?grain harvest forecast for 2026. This is compared to the previous outlook 58.6 metric ton?and to 61.1 million tones harvested in 2025. The…

Sources: Malta-flagged container vessel hit by projectile at Hormuz and abandoned

Posted to Maritime Reporter on March 4, 2026

Shipping sources reported that the crew of the Maltese container ship Safeen Prestige abandoned ship after it was damaged by a projectile as it sailed towards?the top of the Strait of Hormuz? on Wednesday. Vanguard, a British maritime risk management company…

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.

Venezuela prepares larger oil cargoes to export, targets India

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.

Pentagon: US forces capture third sanctioned oil-tanker in Indian Ocean

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…

UK Development Investment Agency to Resume Joint Investments with DP World

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…

Dubai's DP World names a new Chairman and CEO following pressure on Epstein

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…

EBRD: Romania to purchase Moldova's Giurgiulesti port on the Danube River

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.

CK Hutchison initiates arbitration against Panama Canal Ports Contract ruling

Posted to Maritime Reporter on February 4, 2026

Hong Kong's CK Hutchison announced on Wednesday that its Panama Ports Company has begun international arbitration proceedings against Panama, after the country’s top court annulled their licences to run two Panama?Canal port. This case could take many years to resolve.

Venezuelan oil exports jump to 800,000 barrels per day in January under US control.

Posted to Maritime Reporter on February 2, 2026

Shipping data shows that Venezuelan oil exports jumped to a record?800,000. barrels per day in January under the control of the United States, from 498,000 barrels per days in December. This was after the capture by the U.S. of President Nicolas Maduro…

Source: Iran releases Greek-managed tanks seized in January 2024

Posted to Maritime Reporter on January 13, 2026

Iran has ?released ?the Greek-owned, Marshall-Islands-flagged tanker MT St. Nikolas it seized in the Gulf of Oman in January 2024, a ?company source told on Tuesday. Source: The vessel was released on 8th January and has been at Shinas Port in Oman since 12th January with 13 crew members on board.

Deals of the Day- Mergers and Acquisitions

Posted to Maritime Reporter on November 24, 2025

BHP has abandoned its last-ditch attempt to acquire rival Anglo American to bolster its copper dominance, just two weeks ahead of the 60 billion dollar merger between Anglo and Teck Resources. Monash IVF Group has announced that it rejected…

After the storm, oil loadings have resumed from Russia's Black Sea Port of Novorossiisk.

Posted to Maritime Reporter on February 20, 2025

Two sources with knowledge of the situation said on Thursday that oil loadings at Russia's Black Sea Port of Novorossiisk resumed on Tuesday night, after being idle for two consecutive days due to storms. The storm caused the suspension of oil loadings at the Russian Black Sea port Novorossiisk…

Tanger Med port in Morocco will handle 10.24 million containers by 2024

Posted to Maritime Reporter on January 22, 2025

Tanger Med Port in Morocco said Wednesday that it retained its position as the Mediterranean’s leading port, handling 10,24 million containers. This is an increase of 18.8% compared to a year ago. In June, the port reported that it expected…

Chevron's Venezuelan crude oil cargoes are stuck at sea following export cancellations

Posted to Maritime Reporter on April 11, 2025

Two sources familiar with the situation said that at least two vessels chartered by Chevron to transport Venezuelan crude are stranded in Venezuelan waters because the state oil company PDVSA canceled their export authorizations following the U.S.

Caspian Pipeline Consortium suspends operations at 2 of 3 mooring points in its sea terminal

Posted to Maritime Reporter on March 31, 2025

The Caspian Pipeline Consortium, which exports Kazakhstan and Russia's crude oil via the Black Sea to Europe, announced Monday that two of the terminal's three moorings points had been halted. CPC, which transports about 1% world oil and is a major route for Kazakhstan oil exports…

Data shows that Russia's idle refining capacity was 82% higher in February.

Posted to Maritime Reporter on February 20, 2025

According to calculations based upon data from industry sources, the offline primary oil refinery capacity of Russia in February has been revised up by 82% compared to what was originally planned for this month. In February, idle primary oil…

Germany secures oil-tanker that was adrift in the Baltic Sea

Posted to Maritime Reporter on January 10, 2025

Emergency services reported on Friday that a tugboat had stopped a Panama flagged tanker, carrying 99,000 metric tonnes of oil, from drifting uncontrollably off the coast of Germany's Baltic Sea near Ruegen. It said that the 274-metre tanker…

DFDS has agreed to purchase transport network from Turkey’s Ekol

Posted to Maritime Reporter on November 15, 2024

Danish logistics and shipping firm DFDS announced on Friday that it has agreed to purchase the international transport network of Turkey's Ekol Logistics, overturning a two-week-old decision to cancel the deal. DFDS stated that the acquisition was finalized after renegotiating some terms.

Novorossiisk oil loadings fell by 19% in Nov.

Posted to Maritime Reporter on November 12, 2024

Two people familiar with the plan on Tuesday said that oil exports from Russia’s Black Sea Port of Novorossiisk will decline from 2.42 millions metric tons to 1,89 million metric tonnes, or about 460,000 barrels per daily, in November, from 2,42 million tons in Oct.

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