Posted to Maritime Reporter
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February 26, 2026
OPEC+ will meet on Sunday to decide its next production step amid increased geopolitical 'friction' affecting almost a third its output. This volatility could give the group the cover it needs to maintain its narrative of a balanced market, even if the reality on the ground suggests otherwise.
Posted to Maritime Reporter
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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.
Posted to Maritime Reporter
on
February 4, 2026
According to traders and shipping information, oil refiners in the U.S. Gulf Coast struggle to absorb an influx of Venezuelan crude since last month's $2 billion deal, which was a "flagship" agreement between Washington and Caracas. This has pushed up prices and left some volumes unsold.
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…
Posted to Maritime Reporter
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February 2, 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 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 23, 2026
Traders and analysts claim that the European Union is having difficulty in exporting its larger wheat surplus, as a record Argentine harvest?intensifies competition, especially on top EU market Morocco. Farmers are also reluctant to sell their crops at low prices.
Posted to Maritime Reporter
on
January 12, 2026
Police in Spain announced on Monday that they had made the largest cocaine seizure ever on high seas. They intercepted a vessel carrying a cargo of salt concealed with almost ten metric tons of cocaine on its way from Brazil to Europe. The operation resulted in the arrest of?13 people aboard.
Posted to Maritime Reporter
on
January 9, 2026
The Russian Foreign Ministry announced?on Friday? that the United States had released two Russian crewmembers from an oil tanker flying the Russian flag, which was seized in the Atlantic Ocean on Wednesday. The Russian Transport Ministry announced on Wednesday that it had lost contact after U.S.
Posted to Maritime Reporter
on
January 7, 2026
These are the most popular stories from the business pages of the New York Times. ? These stories have not been?verified? and we cannot vouch for the accuracy of these reports. Donald Trump, the U.S. president, said Venezuela would start sending oil to the U.S.
Posted to Maritime Reporter
on
October 30, 2025
French mining group Eramet has lowered its capital expenditure target for this fiscal year. It announced that it will announce more measures in December to combat declining results and increasing debt at the nickel-and-manganese producer. In a third quarter sales report…
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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…
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December 10, 2025
Venezuela will likely retain its seat within OPEC, even if U.S. president Donald Trump succeeds in forcing a government change in the oil-rich nation. The U.S. wants to bolster their alliance with the cartel while they?expand their own sphere of influences. The U.S.
Posted to Maritime Reporter
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December 10, 2025
Venezuela will likely retain its seat in OPEC, even if U.S. president Donald Trump succeeds in forcing a change in government in the oil rich country. The U.S. wants to strengthen its alliance with the cartel while expanding its own sphere?of?influence. The U.S.
Posted to Maritime Reporter
on
October 23, 2025
European traders reported on Thursday that Algeria's state grain agency OAIC purchased approximately 600,000 metric tonnes of milling wheat at an international auction which ended on Wednesday. The trader estimates for the purchase of Wednesday evening ranged between 500,000 and 600,000 tonnes.
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 from…
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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
March 10, 2025
European traders reported on Monday that Algeria's state grain agency OAIC had issued a tender for the international purchase of milling wheat. The deadline to submit price offers for the tender is March 12th, with all offers valid until March 13th.
