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Sources: Chevron and US in negotiations for an expanded Venezuelan oil license

Posted to Maritime Reporter on January 7, 2026

Four sources said that oil?producer Chevron was in talks with U.S. officials to extend a license for its operations in Venezuela so it could increase crude exports into its refineries, and sell them to other buyers. Washington and Caracas are progressing in their negotiations to provide up to 50…

Russian broadcaster: US forces appear to be trying to board Venezuelan oil tanker by helicopter

Posted to Maritime Reporter on January 7, 2026

The Russian state broadcaster RT reported on Wednesday that it 'looked as if U.S. troops were attempting to board the Venezuela-linked 'oil tanker 'Marinera'?from a chopper and published an image showing a chopper hovering near ship. Could not verify immediately the?RT Report.

WSJ reports that Russia sent a submarine to escort a tanker that the US attempted to seize near Venezuela

Posted to Maritime Reporter on January 7, 2026

The Wall Street Journal, citing an official from the United States, reported that Russia had deployed a sub and other naval vessels in order to escort a?aging oil tanker which was trying to evade a U.S. blockade near Venezuela. The tanker, previously known as Bella 1…

At the Ukraine-Turkey meeting in Paris, Turkey will stress the'strategic importance' of Black Sea Security

Posted to Maritime Reporter on January 5, 2026

A Turkish Foreign Ministry source said on Monday that the Turkish Foreign Minister will emphasize the "strategic importance" of maintaining the security in the Black Sea during a summit in Paris on Ukraine this week. Emmanuel Macron, the French president…

The differentials remain the same

Posted to Maritime Reporter on January 2, 2026

The differentials between Caspian and Urals crude oil remained unchanged on Friday, in a'mild' market. Russia -and a few of its neighbouring countries - were off for the New Year holiday. There were no bids or offers reported to Platts on Friday for Urals, Azeri BTC - and CPC Blend.

Police in Finland say that Finland has made progress with its investigation of cable breaches

Posted to Maritime Reporter on January 2, 2026

The Finnish police said on Friday that they had made progress in the criminal investigation of the damage to an underwater telecommunications cables owned by Elisa. The cargo vessel "Fitburg", which was en route to Israel from Russia, was suspected…

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.

Taiwan remains on high alert after Chinese ships withdraw from massive drills

Posted to Maritime Reporter on December 30, 2025

Taiwan remained on high alert Wednesday following China's massive military drills around the island on Tuesday. It kept its emergency maritime response center?running?, said the head of the island coast guard. China conducted the exercises "Justice Mission 2025"…

Kyiv claims that Russia has attacked Ukrainian Black Sea ports, civilian ships and naval vessels.

Posted to Maritime Reporter on December 30, 2025

Ukraine's navy and government officials said that Russia launched waves of?"drones" to attack port infrastructure in the Odesa region on Tuesday. The Ukrainian navy reported that two civilian ships, Emmakris III & Captain Karam, flying the flag…

Valencia coach Fernando Martin dies in Indonesia boat accident

Posted to Maritime Reporter on December 28, 2025

'Spanish football clubs' reported that Fernando Martin, a Valencia CF coach, died along with?three of his family members after their boat capsized off the coast of Indonesia. Valencia expressed their "deep sadness" at the death of Fernando Martin…

Russia compares US blockade Venezuela to piratery

Posted to Maritime Reporter on December 25, 2025

The Russian Foreign Ministry said that the United States is reviving piratery and banditry by blocking Venezuela. It hoped President Donald Trump’s pragmatic approach would prevent a catastrophe. Maria Zakharova, spokeswoman for the Foreign Ministry…

Hanwha's Philly Shipyard could build nuclear submarines for the US Navy, says executive

Posted to Maritime Reporter on December 25, 2025

Alex 'Wong, 'global chief strategist at Hanwha Group said that the?Philly Shipyard of Hanwha has the ability to build a nuclear-powered submarine? for the U.S. Navy. Wong stated during Hanwha's Hanwha media day in Philadelphia on Monday that "the U.S.

Hanwha's Philly Shipyard could build nuclear submarines for the US Navy, says executive

Posted to Maritime Reporter on December 25, 2025

Alex Wong is the global chief strategy officer of Hanwha Group. According to a press release issued by the South Korean firm on Thursday, the company's Philly Shipyard can build a nuclear submarine for the U.S. Navy. Wong, who spoke at the Hanwha media day in Philadelphia on Monday…

KCNA reports that Kim Jong Un, North Korea's leader, supervises the test-firings of long-range missiles.

Posted to Maritime Reporter on December 24, 2025

?North Korean leader Kim Jong Un watched the test firing of long-range Surface-to-Air missiles on?Wednesday at a launcher site?near its east coast?, according to KCNA state media on Thursday. The test was conducted to assess the strategic technology…

China probe finds that Taiwanese smugglers were in control of vessel that damaged submarine cables

Posted to Maritime Reporter on December 24, 2025

Chinese authorities said on Wednesday that two Taiwanese nationals were involved in a smuggling ring involving a Chinese crewed vessel?that damaged submarine cables earlier this summer. A Taiwanese Court sentenced in June the Chinese Captain…

Russia has set a grain export quota of 20 million tonnes for the period February-June 2020

Posted to Maritime Reporter on December 24, 2025

The?government announced on Wednesday that Russia has set its grain export quota to protect the domestic market at 20 million metric tonnes?for second half of?marketing season. The second half marketing season will run from February 15, 2026 to June 30, 2020.

China probe finds that Taiwanese smugglers were in control of vessel that damaged submarine cables

Posted to Maritime Reporter on December 24, 2025

Chinese authorities said on Wednesday that two Taiwanese nationals were involved in a smuggling ring involving a Chinese crewed vessel?that damaged submarine cables earlier this summer. A Taiwanese court sentenced a Chinese captain, the Hong Tai 58 of Togo…

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.

Orsted sells Cathay 55% of Taiwan's wind farm

Posted to Maritime Reporter on December 23, 2025

Orsted, a Danish offshore wind developer, has agreed to sell a 55% stake in its Greater Changhua II offshore wind farm in Taiwan. The deal is worth approximately 5 billion Danish crowns (788.74m). You can also restore your own website. Investor…
Trite but true, the path to decarbonization has no ‘silver bullet’ solution.
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