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Tanger Med Port's container traffic will increase by 8% in 2025

Posted to Maritime Reporter on February 2, 2026

Tanger Med Port in Morocco said Monday that it would maintain its position as the Mediterranean's and Africa's largest port by handling 11.1 million containers by 2025. This is an increase of 8.4% from a year ago. In a press release, the port…

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…

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

Posted to Maritime Reporter on February 2, 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.

Malaysia seizes crude oil worth $129.9 Million from tankers suspected to be illegally transferring oil

Posted to Maritime Reporter on February 2, 2026

The Malaysian Maritime Enforcement Agency announced on Saturday that two tankers suspected of illegal'ship-to ship oil transfers' were detained last week and that more than 512 million ringgit (US$129.9m) of crude oil was seized. This occurred 24 nautical miles west from Muka Head in Penang.

Malaysia seizes crude oil worth $129.9 Million from tankers suspected to be illegally transferring oil

Posted to Maritime Reporter on February 1, 2026

The Malaysian Maritime Enforcement Agency announced on Saturday that two tankers suspected of illegal transfers of oil between ships were detained, and a total of?more than 512,000,000 ringgit ($129.9M) worth of 'crude oil was seized last week 24 nautical miles west of Muka Head in Penang.

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.

German commuter transport comes to a halt on Monday after a strike call

Posted to Maritime Reporter on January 31, 2026

German commuter and bus services will likely grind to a halt across the country as the major public services union has called for a nearly nationwide strike over a dispute with employers at the municipal and state level. In a Friday statement…

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…

Citi expects limited US and Israeli action against Iran to avoid an escalation

Posted to Maritime Reporter on January 30, 2026

Citi said that it expects U.S., Israel and other countries to take limited action against Iran over its nuclear program in the near future. This will avoid an escalatory reaction to force the country to a deal. Bank of America said that the smaller steps could include limited U.S.

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…

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…

Citgo purchases first Venezuelan oil from Trafigura since 2019, sources claim

Posted to Maritime Reporter on January 29, 2026

Citgo Petroleum, a U.S. refiner, has purchased Venezuelan crude oil for its first purchase since 2019. This was when Citgo severed its ties with Petroleos de Venezuela (its parent company), two sources said on Wednesday. The 830,000-barrel-per-day refiner…

China clears Australian canola cargo, easing months-long approval delays

Posted to Maritime Reporter on January 29, 2026

Two trade sources told? Two trade sources confirmed that a cargo of Australian canola, which arrived in southern China this?month, has passed inspection. Processing at a crushing?plant is expected to begin this week. China's COFCO, a state-owned company…

Officials say that the US has handed over a seized tanker vessel to Venezuela

Posted to Maritime Reporter on January 29, 2026

Two U.S. officials said on Wednesday that the United States will hand over to Venezuela a fuel tanker it had seized earlier this month. Since late last year, the United States has been attempting to seize oil tanks 'linked' to Venezuela. Seven arrests have taken place.

Citgo purchases first Venezuelan oil from Trafigura since 2019, sources claim

Posted to Maritime Reporter on January 29, 2026

Two sources with knowledge of the matter confirmed on Wednesday that Citgo Petroleum, a U.S. refiner, has bought Venezuelan crude for the first since 2019. That was when it severed its ties with Petroleos de Venezuela - the state-run oil company.

Stonepeak and CMA CGM form joint port venture

Posted to Maritime Reporter on January 29, 2026

The French shipping company CMA CGM has partnered with U.S. investment group Stonepeak to form a joint-venture valued at almost $10 billion. This venture will 'operate and develop port terminals in the United States, among others,' the companies announced on Wednesday.

Tunisia has bought in the tender an estimated 100,000 tons of soft wheat, and around 100,000 tons of durum.

Posted to Maritime Reporter on January 29, 2026

European traders reported that Tunisia’s state grain agency is believed to have purchased approximately 100,000 metric tons soft?milling?wheat and approximately 100,000?tons?of durum at an international tender on Wednesday for the same volume.

Tunisia has bought in the tender an estimated 100,000 tons of soft wheat, and around 100,000 tons of durum.

Posted to Maritime Reporter on January 29, 2026

According to European traders, Tunisia’s state grain agency reportedly purchased about 100,000 metric tons of soft milling wheat on Wednesday and approximately 100,000 tons durum at an international auction for the same volume. Trading house…

Tunisia receives tenders for soft wheat and durum, traders report

Posted to Maritime Reporter on January 29, 2026

Initial assessments by European traders suggest that the lowest price offered at Wednesday's?international tender?from Tunisia’s state grains agency?to buy around 100,000 metric tonnes of?soft?wheat?was $256.16 per ton, cost and freight included.

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