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New York Times Business News - January 7, 2019

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.

Sources: Venezuela and US are in talks to export Venezuelan crude oil to the US

Posted to Maritime Reporter on January 6, 2026

Five government, shipping and industry?sources?confirmed on Tuesday that Venezuelan and U.S. officials are in talks about exporting Venezuelan oil to refiners located in the?United States. Venezuela has millions barrels of crude oil in tankers and storage tanks…

UN chief on Venezuela action by US sets a 'dangerous precedence'

Posted to Maritime Reporter 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…

NY Times: Russia requests that US stop pursuing a fleeing oil tanker

Posted to Maritime Reporter on January 1, 2026

The?U.S. has been asked by Russia to stop its pursuit of a?oil tanker 'that was destined for Venezuela and is now fleeing the U.S. Coast Guard in the Atlantic Ocean, according to a report from Thursday’s New York Times. The New York Times reported on Thursday that the U.S.

Treasury website shows that US sanctions target crude oil tankers and firms as part of new Venezuela-related sanctions

Posted to Maritime Reporter on December 31, 2025

As President Donald Trump's government increases pressure on Venezuelan president Nicolas Maduro, the United States imposed sanctions on four companies that it claimed were involved in Venezuela's oil industry. In a press release, the U.S. Treasury…

White House orders US Forces to Focus on "Quarantine" of Venezuelan Oil for Next Two Months

Posted to Maritime Reporter on December 24, 2025

A U.S. official said on Wednesday that the 'White House' has ordered U.S. military forces to concentrate almost exclusively?on enforcing "quarantine", or the ban, of Venezuelan crude oil for the next at least two months. The official stated that "while military options still exist…

Venezuela uses floating storage to fill onshore tanks

Posted to Maritime Reporter on December 23, 2025

According to documents and data from the company, Venezuela's PDVSA, the state-owned oil company, has started to fill tankers with crude oil and fuel oil, and keep them in Venezuelan water, due to the accumulation of inventories caused by?the U.S. seizing Venezuelan-linked ships on sea. The U.S.

As on-shore tanks fill due to ship seizures, Venezuela turns to floating storage

Posted to Maritime Reporter on December 23, 2025

According to documents and data from the company, Venezuela's PDVSA state-run oil firm has begun filling up 'tankers' with crude oil and fuel oil that it has in its storage. This is because inventories are increasing amid U.S. moves to seize Venezuelan-linked ships. This month, the U.S.

China calls the US seizure and detention of ships an 'international law violation'

Posted to Maritime Reporter on December 22, 2025

China's Foreign Ministry said on Monday that the seizure by the United States of another country's vessels was a'serious violation of international law', after the U.S. stopped a China bound oil tanker near the Venezuelan coastline. China's Lin Jian…

Officials say that a drone attack by Ukraine has damaged two vessels in Russia’s Krasnodar.

Posted to Maritime Reporter on December 21, 2025

Regional authorities in Russia's Krasnodar Region said that a Ukrainian drone attack damaged two vessels and two piers, as well as causing a fire, on the Black Sea Coast. The Krasnodar operational headquarters announced on the Telegram app that…

Officials say that the US is pursuing a third oil tanker near Venezuela

Posted to Maritime Reporter on December 21, 2025

Officials told reporters?on Sunday that the U.S. Coast Guard was pursuing a?oil-tanker near Venezuela in international waters. This would be the third?such operation? in less than a month and the second this weekend. The official said that the tanker had been sanctioned.

RPT-US interdicting, seizing vessel off Venezuelan coast, officials say

Posted to Maritime Reporter on December 20, 2025

Three U.S. officials confirmed on Saturday that the United States has seized a vessel in international waters off the coast of Venezuela. This move comes just days after U.S. president Donald Trump announced an "interdiction" against all oil tankers sanctioned by Venezuela.

US interdicting, seizing vessel off Venezuelan coast, officials say

Posted to Maritime Reporter on December 20, 2025

Three U.S. officials confirmed on Saturday that the United States has seized a vessel in international waters off the coast of Venezuela. This comes just a few days after U.S. president Donald Trump declared a "blockade", which would prevent all sanctioned tankers from entering or leaving Venezuela.

Ship data shows that a Russian sanctioned tanker carrying naphtha enters Venezuelan water, while others are hesitant.

Posted to Maritime Reporter on December 19, 2025

Ship tracking data revealed that a sanctioned Russian tanker, carrying 300,000 barrels worth of naphtha, entered Venezuelan water late Thursday. Three other tankers also?under sanctions stopped navigation or redirected course to the Atlantic Ocean.

South Korean milling groups bought around 50,000 tons wheat from US traders, traders claim

Posted to Maritime Reporter on December 19, 2025

European traders reported on Friday that a South Korean flour'mill group' purchased an estimated 50,000 tons of milling wheat this week to be sourced from the United States. This purchase is in addition to the 20,800 tons U.S. origin wheat purchased by another South Korean milling company this week.

Sources say that Venezuela has authorized the departure of two supertankers loaded with oil, but not sanctioned by Venezuela.

Posted to Maritime Reporter on December 18, 2025

According to two sources familiarized with Venezuela's oil-export operations, Venezuela approved on Thursday the departure of two very large crude carriers (VLCC). This would be just the second and third supertankers since last week, when a ship carrying Venezuelan oil was seized by U.S.

Venezuela's PDVSA resumes oil cargo deliveries following cyberattack, say sources

Posted to Maritime Reporter on December 17, 2025

Sources close to the company's operations say that Venezuelan state-run PDVSA resumed oil cargo deliveries at its terminals on Wednesday, following a cyberattack this week which affected its central administrative systems. The company was able…

US readies new Russia sanctions if Putin rejects peace deal, Bloomberg News reports

Posted to Maritime Reporter on December 17, 2025

Bloomberg News reported Wednesday that the United States is preparing to impose more sanctions on Russia's energy sector in the event President Vladimir Putin rejects a peace agreement with Ukraine. The report stated that the U.S. was 'considering' options…

South Korean milling group purchases about 20,800 tonnes of wheat from US traders, say

Posted to Maritime Reporter on December 17, 2025

European traders reported that a South Korean flour mill group purchased an estimated 20,800 metric tonnes of?milling?wheat to be sourced by the U.S. at an international auction on Wednesday. The purchase included several different types of?wheat and all were purchased on a FOB basis.

Venezuela demands big oil discounts after tanker seizure

Posted to Maritime Reporter on December 16, 2025

Traders and sources claim that Venezuelan oil customers including Chinese refiners are demanding more?discounts from the state-run PDVSA following the U.S. seizing of a vessel carrying crude from the OPEC nation. The U.S. Coast Guard, as Washington…

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