Posted to Maritime Reporter
on
July 30, 2025
Three sources familiar with the decision announced on Wednesday that Chevron had been granted a limited U.S. operating license in Venezuela sanctioned by the United States. They added that money from oil revenues could not be transferred to the Venezuelan government of President Nicolas Maduro.
Posted to Maritime Reporter
on
July 10, 2025
Experts say that Brazil's oil will remain competitive on the international market even if President Donald Trump's 50% tariff is implemented on August 1. The main Brazilian export to the U.S. is oil. This product was previously exempted fromā¦
Posted to Maritime Reporter
on
April 9, 2025
The European Union's counter-tariffs against U.S. products, which will be implemented next week, are expected to stop a large amount of U.S. grain from reaching Europe and increase costs for buyers who want to find alternative sources of feed grain.
Posted to Maritime Reporter
on
March 24, 2025
Donald Trump, the U.S. president, said Monday that any country buying oil or gas in Venezuela would be charged a 25% duty on all trades with the United States. The "secondary tariffs" will go into effect on April 2nd, Trump stated in a Truth Social posting.
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 terminalā¦
Posted to Maritime Reporter
on
October 23, 2024
The global potash supply has returned to the levels before the invasion of Ukraine. Russia and Belarus have increased shipments to Asia, South America and Europe to avoid Western sanctions, and to pressure producers to reduce output to avoid an oversupply.
Posted to Maritime Reporter
on
January 14, 2025
Bretana crude, a niche oil from Peru, is becoming increasingly popular in the United States. The first cargo was discharged in the U.S. Gulf Coast last month. U.S. refiners are looking for alternatives to Mexican heavy crude. Bretana is a heavyā¦
Posted to Maritime Reporter
on
October 8, 2024
Trade sources reported that two Indian state refiners bought 2,000,000 barrels of Venezuelan oil from Vitol, for delivery in November. This is despite the fact that Venezuelan crude shipments continue to increase to what was previously Venezuela's second-largest oil market.
Posted to Maritime Reporter
on
July 1, 2024
According to shipping documents and data, Venezuelan oil exports in June were mostly flat at 760,000 barrels a day (bpd), as U.S. licences supported the half of shipments for destinations within Europe and the U.S. Washington decided in Aprilā¦
