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February 20, 2026
Data shows that the world's benchmark Brent crude oil is being sold at the lowest price in three years from the Baltic ports of Russia. Discounts are important, as they result from sanctions that the West imposed against Russia for the "war" in Ukraine.
Posted to Maritime Reporter
on
February 20, 2026
The 'discount on Brent' for Russia’s flagship Urals oil blending in the Baltic Sea, reported the Kommersant paper citing Argus data, has widened up to $28 a barrel. This is the highest level since a peak -in April 2023. The federal budget has…
Posted to Maritime Reporter
on
February 16, 2026
Hapag-Lloyd, a German shipping company, announced on Monday that it would purchase Israel's ZIM for $4.2 billion. This will cement its position as the fifth-largest group in the world. The deal was met with a backlash from Israelis, as ZIM employees at the Haifa headquarters went on strike…
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on
February 16, 2026
India has taken three U.S. sanctioned tanker ships linked to Iran this month, and increased surveillance in its maritime zone to stop illicit trade. A source with first-hand knowledge of the issue said that on Monday. The source said that India…
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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…
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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…
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February 2, 2026
Ship-tracking data showed that Kuwait's Al-Zour refinery increased fuel oil exports to record levels in January after recovering from an outage. Most of the cargoes were bound for Southeast Asia. Analysts and traders said that the surge in Kuwaiti supply…
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January 16, 2026
George Gerapetritis, the Greek Foreign Minister, said on Friday that Greece intends to expand its territorial waters, possibly into the Aegean sea, despite Turkey’s constant threat of war if Athens were to?take this step. NATO allies but historic rivals?have lowered tensions over the past few years…
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on
January 13, 2026
Donald Trump, on Tuesday, told Iranians to continue protesting and said that help was "on its way", but did not elaborate whether this meant possible U.S. actions. "Iranian Patriots, KEEP PROTESTING - TAKE OVER YOUR INSTITUTIONS!!!... HELP IS COMING," Trump wrote in a Truth?Social post.
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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.
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on
December 24, 2025
European traders reported on Wednesday that Algeria's state grain agency, OAIC, is believed to have bought between 500,000 and 550 000 metric tons durum wheat at an international auction held Tuesday. For larger panamax shipments, the?purchase…
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December 2, 2025
Traders in Europe said that the state grain agency of Algeria, OAIC, has launched an international tender for soft milling wheat. The wheat must be sourced from origins other than Algeria. Algeria usually buys more than the nominal amount sought in its tenders.
Posted to Maritime Reporter
on
November 27, 2025
The European Union, Britain, and the U.S. imposed a number of sanctions on Russia for its involvement in the war in Ukraine. The U.S. targeted Russia’s two largest oil producers in October: Rosneft, and Lukoil. Here is a list of the most important…
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on
November 21, 2025
China imports unusually large amounts of crude oil, traders claim. This is to hide shipments of Iranian crude that are being transshipped off the coast of Malaysia. Market participants claim that traders have been using the tactic to sell Iranian crude as Malaysian oil for years…
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on
November 21, 2025
China imports unusually large amounts of crude oil, traders claim. This is to hide shipments of Iranian crude that are sanctioned and trans-shipped off the coast of Malaysia. Market participants claim that traders have been using the tactic to sell Iranian crude as Malaysian oil for years…
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on
November 12, 2025
HAMBURG, November 12 - European traders reported on Wednesday that Algeria's state grain agency OAIC was believed to have purchased milling wheat at an international auction on Tuesday. The tender only sought shipment to two port. Initial estimates indicated that approximately 150…
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on
November 12, 2025
HAMBURG - European traders reported on Wednesday that the Algerian state agency OAIC purchased animal feed barley from optional origins on a limited basis for two ports in a Tuesday international tender. According to estimates by traders, it…
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on
November 11, 2025
HAMBURG, 11 November - Algerian state grain agency OAIC, according to European traders, is believed to be the buyer of milling wheat at an international auction on Tuesday that sought to limit shipment to only two ports. The initial volume was unclear.
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November 9, 2025
European traders reported on Sunday that Algeria's state grain agency OAIC had issued an international tender for the purchase of soft milling wheat to be shipped to only two ports. The bid was for a nominal amount of 50,000 metric tonnes, but…
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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.
