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Bousso: The petrodollar is put to the test by opaque oil deals around Hormuz

Posted to Maritime Reporter on May 18, 2026

The U.S.-dominated global oil trade system is under pressure from the Iran War and the closing of the Strait of Hormuz as governments in major consumer nations make increasingly opaque deals to secure supplies with Gulf and Tehran producers.

Algeria announces tender for wheat purchase, traders claim

Posted to Maritime Reporter on March 24, 2026

?European Traders reported on Tuesday that Algeria's state grain agency OAIC had issued an international?"tender" to?buy flour milling. The tender stipulated shipment in two periods: June 1-15, and June 16-30. The traders stated that if the wheat is from South America…

As ships reroute to the Cape, African bunkering hubs benefit

Posted to Maritime Reporter on March 23, 2026

The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…

Bousso: Geopolitical turmoil provides OPEC+ with cover to increase production cautiously.

Posted to Maritime Reporter on 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.

Shell sells 20% stake to Kuwaiti firm in offshore Brazil Orca Project

Posted to Maritime Reporter on February 4, 2026

Shell announced on Tuesday that it has agreed to'sell' a 20% stake of its Orca offshore Brazil project to Kuwait Foreign Petroleum Exploration Company. Shell said it will retain a 50% stake in the project and continue to be the operator. It…

SailGP final to be contested by Britain, NZ, and Australia

Posted to Maritime Reporter on November 30, 2025

On Sunday, Britain, New Zealand, and Australia made it to the $2 million SailGP championship grand final, while Spain, a defensive team, narrowly missed out. After racing in the final event of SailGP 2025's season, the trio secured their place in the winner-takes all final.

Algerian wheat buyers say that the auction on Wednesday will be around 600,000 tonnes.

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.

SailGP announces the 2026 venues on five continents

Posted to Maritime Reporter on April 16, 2025

LONDON, 16 April - SailGP will be flying across five continents from Perth's sun-drenched water to Abu Dhabi's glittering final in 2026. The championship has secured a number of venues that are sure to please the crowds under multi-year host deals.

Algeria announces tender for milling wheat traders claim

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.

SailGP debuts 2025 Sassnitz in Germany

Posted to Maritime Reporter on September 26, 2024

SailGP, the adrenaline-fuelled sailing spectacle, is headed to new waters in August 2025. The elite sailing championship will make its highly anticipated German debut on the island Ruegen. Sassnitz along the coast of the island will host two days high-octane races.
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