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Sources: Venezuela's PDVSA sells oil only to companies with individual licenses

Posted to Maritime Reporter on 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.

UK Development Investment Agency to Resume Joint Investments with DP World

Posted to Maritime Reporter on February 14, 2026

British International Investment, the UK's development investment agency, welcomed DP World’s new chief executive on?Friday and said it would resume investments with the Dubai-based port operator. BII earlier this week halted all new investments…

Dubai's DP World names a new Chairman and CEO following pressure on Epstein

Posted to Maritime Reporter on February 14, 2026

Dubai Media Office reported that DP World, the port giant in Dubai, announced Friday the 'appointment' of Essa?Kazim?as a?chairman?of its board?and Yuvraj narayan?as group chief executive?officer?. This was after mounting pressure had been placed…

EBRD: Romania to purchase Moldova's Giurgiulesti port on the Danube River

Posted to Maritime Reporter on February 14, 2026

It said that the European Bank for Reconstruction and Development will sell a Danube River Port in Moldova called Giurgiulesti to a neighboring Romania, as the Black Sea State seeks to increase its logistics role 'in central and southeast europe.

Marsa Maroc, a Moroccan company, will run Liberia’s main port as part of Africa's expansion

Posted to Maritime Reporter on February 10, 2026

Marsa Maroc, Morocco’s leading port operator said that it had signed a deal on Tuesday with Liberia’s ports authority, to manage the port of Monrovia from the first half of 2026. Marsa Maroc International Logistics will perform rehabilitation work…

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.

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…

China describes the Panama court's ruling on CK Hutchison Port contracts as'shameful and pathetic'

Posted to Maritime Reporter on February 4, 2026

China has called the Panama court's decision to annul CK Hutchison’s contracts to operate a pair of Panama Canal ports as "absurd, shameful and pathetic" and vowed that it would defend Chinese interests. Panama's Supreme Court annulled last…

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…

After procedural issues are resolved, the US SEC fraud against Gautam Adani can move forward.

Posted to Maritime Reporter on January 31, 2026

The U.S. Securities and Exchange Commission arranged for Gautam Adani to be served with a civil lawsuit alleging fraud, allowing the regulator's case against India’s second richest person to continue. In a Friday filing in Brooklyn, New York…

The US and Europe are falling behind in the race for control of the Arctic: Vladimirov & Petrova

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…

The US and Europe are falling behind in the race for control of the Arctic: Vladimirov & Petrova

Posted to Maritime Reporter on January 29, 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…

The Asian fuel market is affected by the record January fuel oil exports of Kuwait's Al-Zour refinery.

Posted to Maritime Reporter on February 2, 2026

Ship-tracking data showed that Kuwait's Al-Zour refinery increased fuel oil exports to record levels in January after recovering from an outage. Most of the cargoes were bound for Southeast Asia. Analysts and traders said that the surge in Kuwaiti supply…

Singapore's RoRo terminal joint venture will be formed by Japan's Mitsui O.S.K. and PSA Singapore

Posted to Maritime Reporter on January 29, 2026

Mitsui O.S.K. Lines, Japan’s second largest shipping?company said on Thursday that it had agreed with PSA Singapore to form a joint venture for the development of a RoRo terminal in Singapore. The joint venture agreement will allow 'Mitsui to…

India indicates potential investments of $500 Billion in the energy sector

Posted to Maritime Reporter on January 27, 2026

Prime Minister Narendra Modi stated on Tuesday that India's energy-related infrastructure could offer investment opportunities worth $500 billion to the South Asian nation in its quest to become independent in energy production. "We're moving from energy security to a?energy independent...

Shipping data shows that a tanker carrying Venezuelan heavy crude oil is heading to Louisiana.

Posted to Maritime Reporter on January 25, 2026

A crude tanker chartered Trafigura?departed from Venezuela's Jose Port?to Louisiana Offshore Oil Port?documents and LSEG data showed. This was the first cargo to go directly to the U.S. under a 50 million barrel supply agreement agreed between Caracas this month and Washington.

Sources: Former Sinopec veteran executive will lead Singapore firm's crude trading

Posted to Maritime Reporter on January 23, 2026

Two industry sources familiar with the hiring said that a former Sinopec trading executive has joined Singapore commodities firm Sino Crown International to help build and lead its crude oil trading. Simon Chen or Chen Bo who was the president…

Bankers claim that SBI MF will take at least 10% in the largest rupee bond issued by Adani Group.

Posted to Maritime Reporter on January 22, 2026

Three merchant bankers confirmed on Wednesday that the State Bank of India mutual fund unit had committed to?buy at least 10% of Adani Power’s bond issue of nearly $820 million rupees, which is expected to be launched later this week. The bankers…

Greece plans to extend territorial waters despite Turkish warning

Posted to Maritime Reporter on January 16, 2026

George Gerapetritis, the Greek Foreign Minister, said on Friday that Greece intends to expand its territorial waters, possibly into the Aegean sea, despite Turkey’s constant threat of war if Athens were to?take this step. NATO allies but historic rivals?have lowered tensions over the past few years…

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