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Thursday, March 5, 2026

Maritime Blogs

Argo breaks Antigua 360 record with 35-knot blitz

Posted to Maritime Reporter 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…

Trucks form 28-km line to deliver soybeans to Brazil's Miritituba river terminals

Posted to Maritime Reporter on February 20, 2026

According to data provided by the oilseed lobby Abiove, trucks loaded with soybeans had to wait in a 28-kilometer-long line to deliver their product to terminals at Miritituba port on the Amazonian coast of Para state. Terminals are operated by Cargill…

Turkey bids to import 350,000 metric tonnes corn, traders claim

Posted to Maritime Reporter on February 20, 2026

European traders reported on Friday that the state grain board of Turkey, TMO, has issued a tender to purchase and import 350,000 metric tonnes of animal feed corn. They said that the deadline for submitting?price bids in the tender was February 26.

The Russian seaborne oil exports may drop by 10% in February

Posted to Maritime Reporter on February 20, 2026

Unplanned refinery shutdowns and bad weather at key ports slowed fuel loadings. This is according to data from LSEG and market sources. According to industry sources and calculations, the total exports of oil-based products from Russian ports in January was 9.12 million metric tonnes.

Cobalt stocks fall at Wuxi Exchange in scramble to find electric vehicle battery materials

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.

Cargill Santarem Port Terminal is now open to the public after a Brazilian court reversed its previous order.

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…

Danish authorities seize Iranian-flagged vessel due to registration concerns

Posted to Maritime Reporter on February 20, 2026

Denmark's maritime authority said?on Thursday that they had detained and examined a container ship with an Iranian flag anchored in Danish waters because it was not properly registred. According to LSEG, the ship was originally sailing under a Comoros 'flag.

Argentine labor reform is up for a key vote in the lower house as unions strike nationwide

Posted to Maritime Reporter on February 20, 2026

The lower house of Argentina's Congress was set to vote Thursday on a controversial labor reform supported by libertarian president Javier Milei. Unions were staging a nationwide walkout that brought parts of Argentina to a standstill. The largest umbrella union in Argentina…

Rugby-Evergreen Slipper stows away for 200th Super Rugby Match

Posted to Maritime Reporter on February 20, 2026

James Slipper, who has been playing Super Rugby for more than 16 years, will play his 200th match with the ACT Brumbies on Sunday. This marks another significant milestone in a career that is incredibly long. The 36-year old ended his test career…

Russell assumes that there will be no disruption in the supply of crude oil from Iran.

Posted to Maritime Reporter on February 20, 2026

According to daily headlines, the?premium built into crude oil prices due to tensions between Iran and the United States fluctuates. But there is a underlying assumption that all will be well. Brent crude oil futures closed at $70.35 per barrel, a 4.4% increase.

The danger of ships and nets during the whale migration season in Chile

Posted to Maritime Reporter on February 20, 2026

The increased activity of the 'fin whale', the'second largest whale in existence' along Chile's north coast during feeding season is highlighting an 'emerging threat' from collisions with vessels and fishing net entanglements. This warning was made by marine experts and conservationists this week.

DB Cargo, Germany's DB Cargo, plans to cut 6,000 jobs in order to turn the company profitable

Posted to Maritime Reporter on February 20, 2026

The chief of DB Cargo, a struggling freight 'business' of German railroad operator Deutsche Bahn, said that the company plans to eliminate 6,000 jobs by 2030, or nearly half the 'workforce', as part of a restructuring aimed to return to profitability, he added.

Caribbean speed demons gear up for 600-mile island hopping duel

Posted to Maritime Reporter 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.

Data shows that the discount for Russia's Urals Crude Oil is at its deepest level since 2023.

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.

Kommersant reports that the discount for Russia's Urals has risen to $28 in Baltic countries - its highest level since 2023.

Posted to Maritime Reporter on February 20, 2026

The 'discount on Brent' for Russia’s flagship Urals oil blending in the Baltic Sea, reported the Kommersant paper citing Argus data, has widened up to $28 a barrel. This is the highest level since a peak -in April 2023. The federal budget has…

Russell assumes that there will be no disruption in the supply of crude oil from Iran.

Posted to Maritime Reporter on February 18, 2026

There is a premium built into crude oil prices due to tensions between Iran and the United States. The headlines fluctuate daily, but there's an assumption that all will be well. Brent futures, the global benchmark, rose 4.4% to $70.35 per barrel on Wednesday.

Sydney SailGP is cancelled due to high-speed crash

Posted to Maritime Reporter on February 18, 2026

SailGP announced on Wednesday that New Zealand and France would miss the upcoming 'Sydney SailGP' event next weekend after their F50 catamarans collided at high speed in a crash which left two sailors hospitalized and both boats badly damaged.

Bousso

Posted to Maritime Reporter on February 18, 2026

This month, China marks one year since its last import of liquefied gas from the U.S. in the midst of a heated trade war between two world's largest economies. Chinese companies have purchased U.S. LNG from American producers under long-term contracts.

Japan's JERA claims domestic offshore wind project is on schedule despite rising cost

Posted to Maritime Reporter on February 18, 2026

JERA, Japan's largest power generator, has started?construction on its offshore wind project at Akita in?northern Japan. The project is scheduled to start up by 2028, according to Hisahide OKuda, the president of JERA. The move comes despite…

Lavrov, the Russian Foreign Minister, tells Cuban Minister that the US should not blockade Cuba by naval force but instead negotiate.

Posted to Maritime Reporter on February 18, 2026

On Wednesday, Sergei Lavrov, the Russian Foreign Minister, told Bruno Rodriguez his Cuban counterpart that Moscow was urging the U.S. to not impose a complete naval blockade against the communist-run Island and instead advocated negotiations.

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