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South Korea's NOFI purchased about 67,000 tonnes corn in a private deal on Thursday.

Posted to Maritime Reporter on April 24, 2026

?Leading South Korean feedmaker Nonghyup Feed ?Inc. (NOFI) bought around 67,000 metric tonnes of animal 'feed corn' in a?private deal? on?Thursday, without an international tender? being issued. The corn was bought at a cost and freight included (c&f)…

Israel and Lebanon extend ceasefire while Trump seeks the 'best deal with Iran'

Posted to Maritime Reporter on April 24, 2026

Israel and Lebanon extended their three-week ceasefire at a White House meeting that was mediated by President Donald Trump. Trump said he would wait for the "best deal" to resolve his conflict with Iran. The fighting between Israel and Iranian…

Bangladesh's ambitious wind energy plans are slow to progress

Posted to Maritime Reporter on April 23, 2026

South Asia relies on imported energy for 95% of their needs. The price increases following the Middle East war have been devastating. Wind and solar energy, which are renewable, can help break this dependency. Solar power is the largest renewable energy source in Bangladesh…

Cuba is able to enjoy some relief in the short term as Russian oil starts to flow

Posted to Maritime Reporter on April 23, 2026

Cubans began this week to reap the benefits of a recent 100,000-metric-ton delivery of Russian crude oil. This is a temporary lifeline to the 'energy starved nation' and it was the first large shipment of oil to arrive on the island since early this year when the United States cut off the fuel.

Italy is ready to deploy 2 minesweepers on the Hormuz Strait according to navy chief

Posted to Maritime Reporter on April 23, 2026

The chief of the navy's staff said that Italy was ready to send up to four vessels, including minesweepers as part of an international effort to clear the Strait of Hormuz. Last week, European leaders met in Paris to discuss a multi-national effort to protect shipping along the Strait of Hormuz.

South Korea's MFG purchases 134,000 tons corn in a private deal, traders claim

Posted to Maritime Reporter on April 23, 2026

South Korea's Major Feedmill Group (MFG), without issuing an official tender, purchased 134,000 metric tonnes of animal feed corn on Thursday. Two consignments of?67,000 tons were purchased. The first purchase was made at a cost and freight…

South Korea's MFG buys 134,000 tons corn in private deal, traders say

Posted to Maritime Reporter on April 23, 2026

Major Feedmill Group, a South Korean company, purchased 134,000 metric tonnes of animal feed corn in a private deal with European traders on Thursday. Two consignments of 67,000 tons each were purchased for arrival in South Korea?in August.

Tunisia is reportedly looking to purchase around 25,000 tonnes of feed barley.

Posted to Maritime Reporter on April 23, 2026

European traders reported that Tunisia's OdC, the state grains agency, has issued an international tender to purchase approximately 25,000 metric tonnes of animal feed barley. The deadline for price offers is?Friday, April 24. Grain can be sourced from a variety of origins.

Russia increases LPG rail exports to China by 21% in March m/m

Posted to Maritime Reporter on April 23, 2026

Sources said that Russia increased its liquefied gas exports to China by 21% in March compared to February. This was due to the increase in trading after the Chinese New Year holiday and the lack of Middle East supplies. Due to European sanctions…

Taiwan purchases approximately 105,950 tonnes of US wheat, traders claim

Posted to Maritime Reporter on April 23, 2026

In a Thursday tender, the Taiwan Flour 'Millers Association' purchased an estimated 105.950 metric tons of milling wheat from the United States. Two consignments were shipped from the U.S. Pacific Northwest Coast. The traders reported that a…

Saudi Arabia announces tender for 710,000 tons wheat

Posted to Maritime Reporter on April 23, 2026

The General Food Security Authority announced on Thursday that Saudi Arabia has released a tender for the 'purchase of 710,000 metric tons? of wheat. The authority stated that delivery is expected to take place between June and August. European…

The Malacca Strait is the world's biggest 'chokepoint.'

Posted to Maritime Reporter on April 23, 2026

After the closure of the Strait of Hormuz, policymakers in Asia have been forced to consider the safety of other chokepoints on the sea, such as the Strait of Malacca. This is the busiest waterway in the world for international trade. What is the Malacca Strait?

Pakistan LNG to bid for three LNG spot cargoes as part of first tender after December 2023

Posted to Maritime Reporter on April 23, 2026

Pakistan LNG Limited issued a?first spot tender for liquefied gas (LNG),?since 2023, amid supply shortages triggered by?U.S. and Israeli war against?Iran. According to an advertisement published on Thursday, the company is "seeking bids" from…

India imports record amount of 2.5 million tons urea for nearly twice the price paid just two months earlier

Posted to Maritime Reporter on April 22, 2026

India will import 2.5 million metric tonnes of urea at a record price, according to government sources, nearly twice the amount paid just two months earlier. The conflict in Iran is disrupting 'global' supplies. The record purchases will tighten the global supply…

India imports record amount of 2.5 million tons urea for nearly twice the price paid just two months earlier

Posted to Maritime Reporter on April 22, 2026

Government sources say India will import 2.5 million metric tonnes of urea at a price nearly twice as high as two months ago, due to the Iran conflict disrupting global supplies. The record purchases will tighten the global supply, and drive up prices…

Executives say that Asian shipowners will cross the Hormuz first before Western companies.

Posted to Maritime Reporter on April 22, 2026

Shipping executives at the FT 'Commodities - Global Summit on Wednesday said that Asian ship owners - who have a greater risk tolerance - may soon begin sailing through the Strait of Hormuz, despite a fragile ceasefire between the U.S. and Iran.

Three vessels struck by gunfire on Strait of Hormuz; crews are safe

Posted to Maritime Reporter on April 22, 2026

According to maritime security'sources' and United Kingdom Maritime Trade Operations (UKMTO), at least three container ships were hit by gunfire on Wednesday in the Strait?of?Hormuz. Iran has placed restrictions on the use of the Strait by ships, initially in retaliation to the U.S.

Chinese Navy passes Okinawa Islands after Japanese transit through Taiwan Strait

Posted to Maritime Reporter on April 22, 2026

China reported that a group, including a destroyer, returned to China on Wednesday after testing its far-sea capabilities. The Eastern Theater Command of the People's Liberation Army has reported that vessel formation 133 has completed training…

Heavy sweet oil is being chased by refiners and marine fuel blenders amid the Iran war disruptions

Posted to Maritime Reporter on April 21, 2026

Sources in the industry said that marine?fuel suppliers are facing a shortage of high-density low-sulphur crude, also known as heavy sweet oil, to blend because of the competition between refiners. The Iran war has disrupted Middle?East imports.

Temasek Azalea's CEO plans to create a private equity fund that will never go out of style, he says

Posted to Maritime Reporter on April 21, 2026

Azalea is a unit owned by Seviora Holdings, a Singapore asset manager, and indirectly owned Temasek. It plans to launch a private equity fund that will remain evergreen, depending on the market, according to its top executive. Chue En Yaw, CEO…

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