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March 11, 2026
Organisers announced on Wednesday that Rio de Janeiro was preparing to host the 'SailGP Brazil debut' in April. The event is expected to attract tens of thousands to one city's most famous beaches, after it was cancelled due to equipment problems a year ago.
Posted to Maritime Reporter
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March 11, 2026
Ship tracking data reveals that an oil tanker, seized by the United States for carrying Venezuelan crude oil, is going to 'transfer' the crude oil to a smaller vessel near the Texas coast which can then take it to shore. Last month, the United…
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March 10, 2026
Brent 'oil prices will remain above $95 per barrel for the next two months, according to the Energy Information Administration in its short-term energy outlook report. Brent crude futures will then drop below $80 per barrel in the third quarter…
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March 6, 2026
Venezuela resumed this month exports of the diluted crude oil (DCO) that has not been shipped since late 2024. U.S. Chevron sent a 500,000 barrel cargo to the U.S. Gulf Coast. This grade is popular with refiners from countries such as the United States and India.
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
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February 27, 2026
Minister Luis Caputo, Argentine Economy, announced that three foreign companies had submitted bids 'for the contract' to dredge 'and operate' Argentina's Parana River. This is a vital waterway 'for 'the country's exports of agricultural products.
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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…
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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.
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
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February 24, 2026
Traders in Europe reported that Algeria's OAIC, the state grains agency, bought milling wheat amidst an international tender which closed on Tuesday. They reported that purchases were between $259 and $250 per metric ton with cost and freight included.
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 data provided by the oilseed lobby Abiove, trucks loaded with soybeans had to wait in a 28-kilometer-long line to deliver their product to terminals at Miritituba port on the Amazonian coast of Para state. Terminals are operated by Cargill…
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…
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on
February 20, 2026
The lower house of Argentina's Congress was set to vote Thursday on a controversial labor reform supported by libertarian president Javier Milei. Unions were staging a nationwide walkout that brought parts of Argentina to a standstill. The largest umbrella union in Argentina…
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February 20, 2026
The increased activity of the 'fin whale', the'second largest whale in existence' along Chile's north coast during feeding season is highlighting an 'emerging threat' from collisions with vessels and fishing net entanglements. This warning was made by marine experts and conservationists this week.
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February 18, 2026
The Argentine maritime 'workers of the federation of maritime 'workers in Argentina FESIMAF announced a 48-hour strike on Wednesday that affected cargo vessel operations. The strike is in protest of President Javier Milei’s proposed labor reform bill.
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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
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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
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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.