Posted to Maritime Reporter
on
February 12, 2026
Data from industry sources showed that Russia's seaborne petroleum products exports for January 2026 increased by 0.7%, compared to December, at 9.12 millions metric tons. This is due to a seasonal decline in domestic demand and high fuel production.
Posted to Maritime Reporter
on
January 31, 2026
As demand for Urals crude drops and customers consider the growing risks of sanctions, traders are increasingly using tanks to store it. Calculations based on LSEG data and trade data. India and Turkey, two major importers of Russian oil, have…
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 31, 2026
The Arctic is not a frozen peripheral, particularly after the spat between the U.S. and Europe over Greenland. The High North is becoming a strategic hub for minerals, energy and shipping as the sea ice begins to melt. The Arctic is heating up four times faster than other parts of the world…
Posted to Maritime Reporter
on
January 29, 2026
The vast European natural gas storage network will exit winter with its lowest level for years. Yet, market prices show a complacency that is at odds with the immense challenge faced by traders in replenishing their inventories. Since the Russian invasion of Ukraine…
Posted to Maritime Reporter
on
January 27, 2026
The European Union has agreed to develop a massive offshore wind network. This is a major step forward in the region’s efforts to reduce its dependency on U.S. gas imports while also tackling rising costs for renewable energy. On Monday, at the North Sea Summit…
Posted to Maritime Reporter
on
January 26, 2026
Two sources reported that Russian crude oil cargoes dated February Urals traded in Indian ports at discounts close to the largest since 2022 compared with dated Brent, amid increased pressure from Western sanctions. The two sources claimed that…
Posted to Maritime Reporter
on
January 26, 2026
A fear of disruptions in production has led to a surge in the price of natural gas. This spike in prices has been felt on overseas markets and highlights the "growing globalization" of the U.S. dominated liquefied gas trade. U.S. Natural Gas Futures are at their highest level since December 2022…
Posted to Maritime Reporter
on
January 22, 2026
John Healey, UK Defence Minister, said that Britain had provided tracking and?monitoring?support to a French operation to a board a sanctioned Russian oil tanker to choke off?the funds which fuel Russia's incursion into Ukraine. Healey stated…
Posted to Maritime Reporter
on
January 22, 2026
The French Navy?on Thursday intercepted in the Mediterranean a Russian oil tanker suspected of being part of 'the shadow fleet' that allows Russia to export its oil despite sanctions. This?operation was conducted... with support from several of our allies.
Posted to Maritime Reporter
on
January 20, 2026
After a hearing in Hong Kong on Tuesday, the lawyer of the Chinese captain alleged that ten witnesses would be called to testify against him in a criminal?damage case. The Chinese captain is accused of damaging undersea cable in Baltic Sea.
Posted to Maritime Reporter
on
January 19, 2026
KazMunayGas, Kazakhstan's oil company owned by the state, said that a fire at a power station in the Chevron-led Tengiz field was put out on Sunday. The company said that the staff was evacuated and no one had been injured. It said that the fire had started at a transformer for a turbine.
Posted to Maritime Reporter
on
January 15, 2026
Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.
Posted to Maritime Reporter
on
January 15, 2026
Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.
Posted to Maritime Reporter
on
January 15, 2026
Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.
Posted to Maritime Reporter
on
January 12, 2026
Russian Railways, the state-owned company, said that cargo volumes on Russian Railways fell by 5.6% in 2025, as shipments of oil, coal, metals, and construction declined. The decline in rail cargo volumes, a key economic indicator of the health of Russia's export economy…
Posted to Maritime Reporter
on
January 9, 2026
The Ukrainian ambassador to the United States said on Friday that Ukrainians were part of the crew aboard the Russian-flagged tanker Bella-1 which was seized by U.S. troops this week. Olha Stefanishyna was quoted by Interfax Ukraine as saying that Ukrainian diplomats are in contact with U.S.
Posted to Maritime Reporter
on
January 9, 2026
Two sources with knowledge of the matter said on Friday that Reliance Industries, a private refiner in India, is seeking U.S. permission to resume purchasing Venezuelan crude. The refiner wants to ensure supplies as Western pressures on India to reduce Russian oil imports.
Posted to Maritime Reporter
on
January 9, 2026
Two sources with knowledge of the matter said that Reliance Industries, a private refiner in India, is looking to secure oil as Western pressures on India to reduce its Russian oil purchases. Sources said that Reliance representatives were in talks with the U.S.
Posted to Maritime Reporter
on
January 9, 2026
The Russian Foreign Ministry announced?on Friday? that the United States had released two Russian crewmembers from an oil tanker flying the Russian flag, which was seized in the Atlantic Ocean on Wednesday. The Russian Transport Ministry announced on Wednesday that it had lost contact after U.S.
