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Saturday, February 14, 2026

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One dead, six injured in Russian air strike on port in Odesa region of Ukraine, deputy PM states

Posted to Maritime Reporter on February 14, 2026

Oleksiy Kulba, Ukraine's deputy prime minister, said that a 'Russian drone' attack had killed one person and injured six others at a port in the Odesa region of Ukraine on the Black Sea. Kuleba stated that the infrastructure of a business was?damaged.

Sources say that the Volgograd oil refinery in Russia has halted processing following a drone attack.

Posted to Maritime Reporter on February 12, 2026

Two industry sources confirmed on Thursday that the Lukoil owned Volgograd refinery in Russia's southern region halted oil processing on Tuesday. This was after a fire broke out following an attack by Ukrainians. In January, peace talks led…

Data shows that Russia's seaborne exports of oil products rose slightly in January m/m.

Posted to Maritime Reporter on February 12, 2026

Data from industry sources showed that Russia's seaborne petroleum products exports for January 2026 increased by 0.7%, compared to December, at 9.12 millions metric tons. This is due to a seasonal decline in domestic demand and high fuel production.

Ukraine grain deliveries in ports have lagged behind last year despite a February increase

Posted to Maritime Reporter on February 12, 2026

Ukrzaliznytsia, the state-owned railway company, said 'on Thursday that grain shipments into Ukrainian ports have remained below 'last year levels despite an increase since?February. Analysts and officials say that the Russian attacks on Ukrainian ports…

Primorsk's diesel exports may drop by 17% this February.

Posted to Maritime Reporter on February 11, 2026

Data from traders, LSEG, and calculations on Wednesday showed that ultra-low-sulphur fuel loadings at the 'Russian port Primorsk' may fall by 17% in February compared to last month, due to a 'lower fuel production and harsh Baltic weather, which disrupts supplies.

Analyst says that iron ore exports from Ukraine in January fell by 34%.

Posted to Maritime Reporter on February 10, 2026

Analyst GMK Center reported on Tuesday that Ukraine's iron ore exports in January fell by 34.4% on a year-over-year basis to?2,05 million metric tons. GMK Center expects Ukraine's iron ores exports to drop by 5% - to 29 million tonne - this year.

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.

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.

Tankers awaiting sale of more Russian oil

Posted to Maritime Reporter on January 31, 2026

As demand for Urals crude drops and customers consider the growing risks of sanctions, traders are increasingly using tanks to store it. Calculations based on LSEG data and trade data. India and Turkey, two major importers of Russian oil, have…

Andy Home: The surge in exports from China is a sign that the global metals market is in turmoil.

Posted to Maritime Reporter on January 31, 2026

China's net copper imports last year fell to the lowest level since 2017. They totaled 3.03 million metric tonnes. Exports grew dramatically, despite a drop in inbound shipments of only 5% compared to 2024. The largest copper buyer in the world shipped almost 800,000 tonnes.

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…

Bousso

Posted to Maritime Reporter on January 29, 2026

The vast European natural gas storage network will exit winter with its lowest level for years. Yet, market prices show a complacency that is at odds with the immense challenge faced by traders in replenishing their inventories. Since the Russian invasion of Ukraine…

German budget committee green-lights TKMS frigates deal, say sources

Posted to Maritime Reporter on January 29, 2026

The German budget committee approved a pre-contract to buy?MEKO A200 class frigates on Wednesday. According to two members of the committee, TKMS will pay?50 millions euros ($59.70million) for these frigates. The budget committee approved an…

Bousso: The offshore wind pact between Europe and the US is a hedge to US gas dependence.

Posted to Maritime Reporter on January 27, 2026

The European Union has agreed to develop a massive offshore wind network. This is a major step forward in the region’s efforts to reduce its dependency on U.S. gas imports while also tackling rising costs for renewable energy. On Monday, at the North Sea Summit…

Sources say that the Russian Urals oil is trading at a discount close to the largest since 2022, in India

Posted to Maritime Reporter on January 26, 2026

Two sources reported that Russian crude oil cargoes dated February Urals traded in Indian ports at discounts close to the largest since 2022 compared with dated Brent, amid increased pressure from Western sanctions. The two sources claimed that…

Finland hopes to reduce cable damage by installing a new surveillance center

Posted to Maritime Reporter on January 26, 2026

Finland's Border Guard plans to establish a maritime surveillance center in collaboration with other Baltic Sea countries and the EU Commission to prevent damage to undersea critical infrastructure in the Gulf of Finland. Since the Russian invasion of Ukraine in 2022…

When the US freezes the global LNG market gets a cold. Bousso

Posted to Maritime Reporter on January 26, 2026

A fear of disruptions in production has led to a surge in the price of natural gas. This spike in prices has been felt on overseas markets and highlights the "growing globalization" of the U.S. dominated liquefied gas trade. U.S. Natural Gas Futures are at their highest level since December 2022…

The Royal Navy of the UK tracks Russian ships sailing through English Channel

Posted to Maritime Reporter on January 23, 2026

The Royal Navy of Britain shadowed Russian ships sailing through the English Channel during a 'two-day operation' coordinated with NATO allies, the navy announced on Friday. This comes as NATO intensifies its monitoring of Russian shipping.

Rheinmetall CEO: Luerssen acquisition will lead to increased naval activity

Posted to Maritime Reporter on January 23, 2026

Armin Papperger, CEO of Rheinmetall, said that the company is considering further acquisitions within the naval sector. In September, Rheinmetall agreed to buy the warship division from German shipbuilder Luerssen at a price of 1.35 billion euro ($1.57 billion).

Minister says UK supported French operation on board sanctioned Russian vessel

Posted to Maritime Reporter on January 22, 2026

John Healey, UK Defence Minister, said that Britain had provided tracking and?monitoring?support to a French operation to a board a sanctioned Russian oil tanker to choke off?the funds which fuel Russia's incursion into Ukraine. Healey stated…

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