Posted to Maritime Reporter
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March 1, 2026
On Sunday, loud blasts could be heard in Dubai and Doha, the capital of Qatar. Oman was also hit for the first time in retaliatory attacks on Gulf neighbours in response to a 'U.S. Israeli attacks on the Islamic Republic have increased. Iran said that it would "target U.S.
Posted to Maritime Reporter
on
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…
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
on
February 24, 2026
The demand for its customs brokerage services helped Expeditors international of Washington to report a profit and revenue in the fourth quarter that exceeded Wall Street expectations. Customs-related activities have increased as a result of President Donald Trump's new trade policies.
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 24, 2026
The Pentagon announced?on Tuesday that U.S. forces had intercepted a sanctioned tanker in the Indian Ocean, after tracing it from Caribbean waters. This was the third interdiction of this kind in the region. Washington has stepped up its blockade of vessels going to or from Venezuela…
Posted to Maritime Reporter
on
February 24, 2026
A major military conflict between the U.S., Iran and other Middle Eastern countries could cause a disruption of oil supplies in the region. It could be that the vast oil reserves held by both the U.S.A. and China are crucial in controlling it.
Posted to Maritime Reporter
on
February 24, 2026
Industry sources claim that the cost of shipping crude oil has risen?to its highest level in six years. This is due to a surge of crude exports out of the Middle East, as traders rush to book charters before a possible conflict between the U.S.
Posted to Maritime Reporter
on
February 24, 2026
The Pentagon announced a?on?Tuesday that U.S. forces had captured an oil?tanker sanctioned in the Indian Ocean, after tracking it from Caribbean waters. It was the third such?interdiction. The U.S. Department of Defense announced in a post to X that its forces had boarded Bertha over night.
Posted to Maritime Reporter
on
February 24, 2026
Etihad Airways announced a nearly 50% increase in 'net profit' to $698m last year. The?carrier stated on Tuesday that increased capacity supported strong market demand and lifted the load factor. "We have invested a lot in our product and customer satisfaction.
Posted to Maritime Reporter
on
February 24, 2026
The 2026 RORC Caribbean600?emerged with a spectacular launch from Fort Charlotte, Antigua. An international fleet set out on a nonstop 600-mile journey around '11 Caribbean Islands in what promises to a be a thrilling 17th edition. "15 knots trade winds…
Posted to Maritime Reporter
on
February 24, 2026
The'service' said on Monday that a drawing of a swastika, which appeared at the U.S. Coast Guard’s?primary recruiting training center in New Jersey, was removed and that the incident had been referred to a forensic investigator for further investigation. In a press release, a U.S.
Posted to Maritime Reporter
on
February 24, 2026
Panama published a Supreme Court decision on Monday in its official gazette canceling a number of port contracts held by a subsidiary CK 'Hutchison. This cleared the way for a Maersk APM Terminals temporary takeover. This publication is the…
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on
February 24, 2026
Antonio Costa, the President of the European Council on Monday, urged Hungarian Prime Minister Viktor Orban 'to honour a 'deal for a 90-billion euro loan ($106.11billion) to Ukraine. Budapest had said that it would 'block the plan unless Russian…
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on
February 21, 2026
Jason Carroll's MOD70 argo smashed the course record of the Royal Ocean Racing Club Antigua 360?Race. It sped around the 48 nautical-mile circuit in just 2 hours, 29 minute and 20 second - an improvement of 25% over the previous mark. Carroll called it "a wonderful day for sailing…
Posted to Maritime Reporter
on
February 20, 2026
Cobalt stock prices on China's Wuxi Exchange plummeted late in January. Traders attribute the fall to shortages of the material used in electric vehicle batteries in the world's largest consumer. On 'January 29th,'?cobalt, or 37%, was removed from the stock exchange.
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 17th RORC Caribbean 600, which will take place next week, will feature two MOD70 trimarans that can reach speeds of over 30 knots. Both Jason Carroll's Argo, and Jon Desmond’s Final Final – Zoulou will be battling it out in the tradewinds of 11 Caribbean Islands.
Posted to Maritime Reporter
on
February 20, 2026
Data shows that the world's benchmark Brent crude oil is being sold at the lowest price in three years from the Baltic ports of Russia. Discounts are important, as they result from sanctions that the West imposed against Russia for the "war" in Ukraine.
