Posted to Maritime Reporter
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March 3, 2026
Venezuelan oil exports 'fell 6.5% from a month ago to'some 737,000 barges per day' as more shipments into the 'United States' and 'Europe' 'couldn't fully offset the 'loss' of what used to be OPEC's main market - China', according to documents and vessel monitoring data from the state company PDVSA.
Posted to Maritime Reporter
on
February 26, 2026
Sources familiar with the transaction said that Saudi Aramco’s U.S. Trading division purchased a cargo?of Venezuelan Boscan heavy crude for delivery in March, marking its first purchase of this heavy crude suitable for asphalt production. One…
Posted to Maritime Reporter
on
February 26, 2026
OPEC+ will meet on Sunday to decide its next production step amid increased geopolitical tensions that affect nearly a third?of?its output. This volatility could give the group the cover it needs to maintain its narrative of a balanced market, even though the facts in the field suggest otherwise.
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.
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.
Posted to Maritime Reporter
on
February 20, 2026
According to a decision signed by federal Judge Shamyl Cipriano, a Brazilian court restored late on Wednesday an order allowing?access?to the Santarem River port terminal operated by U.S. grain traders Cargill. The Brazilian court reinstated…
Posted to Maritime Reporter
on
February 14, 2026
Four sources told us that Venezuela's PDVSA, the state-owned oil company, has refused to sell to companies who do not have individual U.S. licences. This is limiting the exports of oil and stopping the country from draining its brimming tanks more quickly.
Posted to Maritime Reporter
on
February 12, 2026
American 'Magic', the sailing team owned by U.S. sports investor Doug?DeVos and based in New Zealand, bought Danish SailGP record-holders ROCKWOOL racing for $60 million. The deal was announced on the eve before the New Zealand event of the global league.
Posted to Maritime Reporter
on
February 12, 2026
American Magic, a sailing team owned by U.S. sports investors Doug DeVos and ROCKWOOL, have bought the Danish 'SailGP' speed record holders ROCKWOOL racing in a 60 million dollar deal announced on the eve before the New Zealand event of the global league.
Posted to Maritime Reporter
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February 12, 2026
The U.S. Southern Command released an email statement on Thursday stating that a U.S. Warship and a 'Navy Supply vessel collided during refueling Wednesday afternoon. The USS Truxtun, an Arleigh Burke class guided missile destroyer, and the Supply-class rapid?combat ship USNS Supply…
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February 10, 2026
Defense Secretary Pete Hegseth announced on Monday that U.S. forces boarded an oil tanker traveling from or to Venezuela after pursuing it in the Caribbean. Hegseth said in a post on X that "overnight, U.S. The U.S. stepped up its blockade of vessels going to or from Venezuela…
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February 6, 2026
A shipping schedule seen by shows that an oil tanker which has been transporting Venezuelan fuel - to Cuba since April 'last year- finished 'loading this week a 150,000 barrel cargo of gasoline. This could be a sign that Venezuela is preparing to ship supplies -to the island, under U.S. oversight.
Posted to Maritime Reporter
on
February 4, 2026
According to traders and shipping data, oil refiners in the U.S. Gulf Coast struggle to absorb the rapid increase of Venezuelan crude since last month's $2 billion deal between Caracas & Washington. This has pushed up prices and left some volumes unsold.
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
The hard economic reality of oil will sabotage President Donald Trump's efforts to funnel U.S. crude oil and Venezuelan crude into India, as part of an overall trade agreement. Details of the deal, which was announced by President Trump and…
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
on
January 31, 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
Citgo Petroleum, a U.S. refiner, has purchased Venezuelan crude oil for its first purchase since 2019. This was when Citgo severed its ties with Petroleos de Venezuela (its parent company), two sources said on Wednesday. The 830,000-barrel-per-day refiner…
Posted to Maritime Reporter
on
January 29, 2026
Two U.S. officials said on Wednesday that the United States will hand over to Venezuela a fuel tanker it had seized earlier this month. Since late last year, the United States has been attempting to seize oil tanks 'linked' to Venezuela. Seven arrests have taken place.
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January 29, 2026
Two sources with knowledge of the matter confirmed on Wednesday that Citgo Petroleum, a U.S. refiner, has bought Venezuelan crude for the first since 2019. That was when it severed its ties with Petroleos de Venezuela - the state-run oil company.
