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The ban on Russian oil tankers by the G7 shows teeth but its bite is not certain: Bousso

Posted to Maritime Reporter on December 5, 2025

The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments will increase punishments for those who skirt sanctions is the real question. The West will need to move quickly…

Venezuela faces big oil discounts, pressure for contract changes after tanker seizure

Posted to Maritime Reporter on December 16, 2025

Traders and sources claim that Venezuela's PDVSA, the state-run oil company, is facing stuck cargoes, increasing price discounts, and customer demands to change the terms of spot contracts after the U.S. seized a ship transporting the OPEC nation's crude. The U.S.

Venezuela's PDVSA suffers cyberattack as tankers make u-turns

Posted to Maritime Reporter on December 15, 2025

Venezuela's PDVSA suffered a cyberattack, which it blamed on the United States. The state-run oil firm said that none of its operations had been affected, despite four sources claiming that the systems were still down and oil cargo deliveries had been suspended. The tensions between the U.S.

Documents in court show that the US seized a tanker near Venezuela as soon as the warrant was about to expire.

Posted to Maritime Reporter on December 12, 2025

According to a document that was unveiled on Friday, the U.S. Government seized the M/T Skipper on Wednesday as a warrant signed by a judge was about to expire. The warrant was signed on November 26 by U.S. Magistrate Zia Faruqui, and gave the Trump Administration until December 10…

Sources say that the Supertanker Skipper, seized by US near Venezuela and headed to Houston.

Posted to Maritime Reporter on December 12, 2025

Two sources confirmed on Friday that the oil'supertanker Skipper', which was seized this week by the U.S. near Venezuela as part of a pressure campaign against President Nicolas Maduro is headed to Houston. According to?TankerTrackers.com's analysis of satellite images…

Officials in the US claim that Trump administration has seized an oil tanker near Venezuela's coast.

Posted to Maritime Reporter on December 10, 2025

Two?U.S. officials confirmed on Wednesday that the administration of U.S. president Donald Trump has seized a?oil?tanker? off the coasts of Venezuela. Officials told reporters on Wednesday. The move comes amid a massive U.S. build-up of military forces in the region.

Bousso: Trump won't make Venezuela's OPEC member a battlefield.

Posted to Maritime Reporter on 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.

Descartes Systems reports that US container imports dropped 7.8% in November due to a slump in China's demand.

Posted to Maritime Reporter on December 9, 2025

According to a supply chain technology company, Descartes Systems Group, U.S. containers imports dropped 7.8% from November of last year due to a soft 'demand for goods coming from China' and one fewer day in the 'Thanksgiving holiday month.

The ban on Russian oil tankers by the G7 shows teeth but its bite is not certain: Bousso

Posted to Maritime Reporter on December 7, 2025

The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments ratchet sanctions up on those who skirt the sanctions will determine the final outcome. The West will need to move quickly…

Data shows that despite US pressure Venezuelan oil exports exceed 900,000 barrels per day

Posted to Maritime Reporter on December 3, 2025

According to shipping documents and data, Venezuelan oil exports increased slightly in November to 921,000 barrels a day (bpd), the third highest monthly average this year. The country used more diluting agents to produce exportable grades.

Platts: No need to make significant Dated Brent Changes

Posted to Maritime Reporter on December 3, 2025

S&P Global Energy Platts, at a London briefing on Wednesday, said that the Dated Brent crude oil global benchmark works well and there is no need to make significant changes in its methodology. Dated Brent is the benchmark for physical crude oil and it's used to price over 60% of global oil traded.

South Korean milling groups buys around 30,300 tons of wheat from the US traders claim

Posted to Maritime Reporter on December 3, 2025

European traders reported that a South Korean group of flour mills bought approximately 30,300 metric tonnes of milling grain to be sourced in the United States at an international auction on Wednesday. All wheat was purchased on a FOB basis.

Malaysia announces that the search for missing flight MH370 will resume in this month.

Posted to Maritime Reporter on December 2, 2025

Malaysia's Transport Ministry announced on Wednesday that the search for missing Malaysia Airlines Flight MH370 would resume on December 30. This comes more than a year after the flight, bound for Beijing, disappeared in what is considered one of aviation's biggest mysteries.

After attacks on oil tankers, Putin threatens to "cut Ukraine off from sea"

Posted to Maritime Reporter on December 2, 2025

In response to drone strikes on Russian "shadow fleets" of tankers in the Black Sea, Russian President Vladimir Putin on Tuesday threatened to cut off Ukraine's sea access. In a televised statement, Putin stated that the most radical solution would be to cut Ukraine from the sea.

South Korea flour mills purchase approximately 131,300 tonnes of US and Canadian milling grain, traders claim

Posted to Maritime Reporter on November 26, 2025

European traders reported that a group of South Korean mills purchased an estimated 131.300 metric tonnes of milling grain to be sourced in the United States and Canada during an international auction on Wednesday. The amount was higher than the 90,000 tons requested in the tender.

GFSA reports that Saudi Arabia has bought 300,000 metric tonnes of wheat through a tender.

Posted to Maritime Reporter on November 24, 2025

Saudi Arabia's General Food Security Authority, which is the main government wheat purchasing agency, announced on Monday that it had purchased 300,000 metric tonnes of wheat through a tender. The agency stated that the purchase was for hard wheat with a 12.5% protein content…

South Korea's KFA purchases approximately 65,000 tons of US corn, traders claim

Posted to Maritime Reporter on November 18, 2025

European traders reported that the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed grain from the United States, in an international auction on Tuesday. The tender sought up to 69,000 tonnes. The KFA Busan section purchased it in one consignment…

India ships first jet fuel cargo to US West Coast, traders say

Posted to Maritime Reporter on November 17, 2025

According to shipping and trade data, India exported its first ever jet fuel cargo for energy giant Chevron to the U.S. West Coast, taking advantage of a rare opportunity to fill shortages in Los Angeles. Since October, U.S. West Coast Jet Fuel…

Turkey: it is too early to determine what caused the deadly military plane crash

Posted to Maritime Reporter on November 13, 2025

The Turkish defence ministry stated on Thursday that it is too early to determine what caused a military cargo aircraft crash in Georgia this week, in which 20 soldiers were killed. Inspections are continuing. The C-130 cargo plane had left Azerbaijan to Turkey when it crashed on Tuesday…

Turkey: Too early to determine what caused deadly plane accident

Posted to Maritime Reporter on November 13, 2025

The Turkish defence ministry stated on Thursday that it is too early to determine what caused a military cargo aircraft crash in Georgia this week, in which 20 soldiers were killed. Inspections are continuing. The C-130 cargo plane had left Azerbaijan to Turkey when it crashed on Tuesday.

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