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Friday, February 6, 2026

Maritime Blogs Europe

EU wheat stable with weather and exports as focus

Posted to Maritime Reporter on February 6, 2026

The European wheat futures market was little changed Thursday, as it paused at a 2-1/2-month high from earlier in the week. Traders accounted for higher Chicago prices, weather risks, and a slowdown in export demand. The price of March milling…

French Navy seizes cocaine in Polynesia and Caribbean

Posted to Maritime Reporter on February 6, 2026

France's Minister of the Armed Forces announced on Thursday that the French Navy had seized over 4 tonnes of cocaine in French Polynesia, and intercepted a boat transporting?the drug to?the Caribbean. This comes as other countries, including the U.S.…

French Navy intercepts cocaine-laden boat in Caribbean

Posted to Maritime Reporter on February 6, 2026

On Thursday, the French Navy intercepted a boat?carrying cocaine and handed it over to Barbadian authorities. This comes as other countries, including the United States, intensify their efforts against drug trafficking. Catherine Vautrin reported? on X? that 678 kilogrammes cocaine had been seized.

French diplomat: Taiwan Strait missions are not about provocation but international law

Posted to Maritime Reporter on February 6, 2026

France's de-facto ambassador to Taipei, speaking of voyages that regularly enrage China, said Thursday that foreign countries are not provoking China by their naval missions in the Taiwan Strait, but rather asserting international laws. Beijing claims sovereignty over Taiwan and views the narrow…

Merz, a German company, heads to the Gulf region in search of new partners

Posted to Maritime Reporter on February 4, 2026

On Wednesday, German Chancellor Friedrich Merz started a tour to Saudi Arabia, Qatar and the United Arab Emirates to form energy and arms partnerships as Europe's largest and richest economy tries to reduce its dependence on the U.S. Merz, at the beginning of his three-day visit…

Turkey will import 255,000 tons of feed barley from Turkey, traders claim

Posted to Maritime Reporter on February 4, 2026

European traders reported on Wednesday that the state grain board of Turkey, TMO, had issued an "international tender" to purchase and import approximately 255,000 metric tonnes of animal feed barley. Barley is sought to be shipped between February…

India's Russian Oil Imports Down 12% Between Jan/Dec Amid US-India Trade Talks

Posted to Maritime Reporter on February 4, 2026

Sources said that India's Russian imports fell in January. This continued a trend that started in December, as refiners looked for alternative barrels under the pressure of Western sanctions and the ongoing U.S. India trade talks. Donald Trump, the U.S.

Wartsila order misses forecast but data centres are still on track

Posted to Maritime Reporter on February 4, 2026

Wartsila, the Finnish engineering company, missed its fourth-quarter order forecasts on Tuesday due to U.S. tariffs on batteries and increased competition in their energy storage business. Even though CEO Hakan AGnevall said that there were…

15 migrants killed after boat collides off the coast of Chios with a Greek Coast Guard vessel

Posted to Maritime Reporter on February 4, 2026

The?coastguard said that 15 migrants were killed after their boat collided and capsized with a Greek coast guard vessel in the Aegean sea late Tuesday. It was one of the most deadly migrant shipwrecks to occur in Greece for years. In a press release…

The coast guard reports that 15 migrants died after a boat collided with a Greek coast guard vessel near Chios.

Posted to Maritime Reporter on February 4, 2026

The Greek coastguard said that 15 migrants were killed after their boat collided and capsized with a coastguard vessel in the Aegean sea late Tuesday night, off the Greek Island of Chios. It was one of the worst shipwrecks to hit Greece in recent years.

US refiners struggle with sudden surge of Venezuelan oil imports

Posted to Maritime Reporter on February 4, 2026

According to traders and shipping data, oil refiners in the U.S. Gulf Coast struggle to absorb the rapid increase of Venezuelan crude since last month's $2 billion deal between Caracas & Washington. This has pushed up prices and left some volumes unsold.

CK Hutchison initiates arbitration against Panama Canal Ports Contract ruling

Posted to Maritime Reporter on February 4, 2026

Hong Kong's CK Hutchison announced on Wednesday that its Panama Ports Company has begun international arbitration proceedings against Panama, after the country’s top court annulled their licences to run two Panama?Canal port. This case could take many years to resolve.

After a boat collision with the coast guard, 15 migrants drowned off Greece

Posted to Maritime Reporter on February 4, 2026

The coast guard reported that 15 migrants were killed in the Aegean sea off Greece, on Tuesday after their boat collided a Coast Guard vessel?off the island of Chios. A coastguard official reported that they had spotted a small boat transporting…

US refiners struggle with sudden surge of Venezuelan oil imports

Posted to Maritime Reporter on February 4, 2026

According to traders and shipping information, oil refiners in the U.S. Gulf Coast struggle to absorb an influx of Venezuelan crude since last month's $2 billion deal, which was a "flagship" agreement between Washington and Caracas. This has pushed up prices and left some volumes unsold.

Shell sells 20% stake to Kuwaiti firm in offshore Brazil Orca Project

Posted to Maritime Reporter on February 4, 2026

Shell announced on Tuesday that it has agreed to'sell' a 20% stake of its Orca offshore Brazil project to Kuwait Foreign Petroleum Exploration Company. Shell said it will retain a 50% stake in the project and continue to be the operator. It…

Orsted sells off European onshore renewables in order to solidify finances

Posted to Maritime Reporter on February 4, 2026

Orsted, the Danish wind farm operator, announced on Tuesday that it has agreed to sell its European onshore Renewables business to Copenhagen Infrastructure Partners at a price of 1.44 billion euro ($1.7 billion), as part a plan to strengthen its finances.

The UK's naval chief has said that the investment of Russia in Northern Fleet is not diminishing.

Posted to Maritime Reporter on February 4, 2026

The British Navy's top naval commander said that despite the conflict in Ukraine lasting a few more years, Russia's investment into its Northern Fleet has not diminished. He added that Western powers were tested by Moscow's "aggressive" posture.

Bousso

Posted to Maritime Reporter on February 4, 2026

The hard economic reality of oil will sabotage President Donald Trump's efforts to funnel U.S. crude oil and Venezuelan crude into India, as part of an overall trade agreement. Details of the deal were announced by President Trump and Indian Prime Minister Narendra Modi on Monday…

US court stops Trump from halting the last of five offshore wind projects

Posted to Maritime Reporter on February 2, 2026

The five offshore wind projects that were halted in December by the Trump Administration can resume construction after a federal court ruled on Monday. A judge cleared Denmark's Orsted to proceed with its Sunrise Wind Project off the coasts of New York.

Venezuelan oil exports jump to 800,000 barrels per day in January under US control.

Posted to Maritime Reporter on February 2, 2026

Shipping data shows that Venezuelan oil exports jumped to a record?800,000. barrels per day in January under the control of the United States, from 498,000 barrels per days in December. This was after the capture by the U.S. of President Nicolas Maduro…

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