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Traders say that Turkey has received offers for the 350,000 tons of corn tender.

Posted to Maritime Reporter on February 26, 2026

Initial assessments by traders indicate that the lowest price offered in the first round of the tender for 350,000 metric tons of animal feed corn was $248.80 per metric ton, including freight. Bek Tarim, a trading house, was said to have made the offer for shipment of 26…

South Korea's NOFI offers to purchase up to 138,000 metric tonnes corn

Posted to Maritime Reporter on February 26, 2026

European traders reported on Thursday that the leading South Korean feedmaker Nonghyup Feed Inc., (NOFI), has issued an international bid to purchase up 138,000 metric tonnes?of animal feeding corn. The deadline to submit price offers for the tender is Thursday, 26th February.

Bousso: Geopolitical turmoil provides OPEC+ with cover to increase production cautiously.

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.

CMB Tech, a shipping group, beats expectations in its fourth-quarter core profit.

Posted to Maritime Reporter on February 26, 2026

CMB Tech reported fourth-quarter earnings that were above market expectations on Thursday, as a robust tanker and dry bulk markets allowed the Belgian Shipping Group to secure charters and sell older ships at high prices. EBITDA (earnings before 'interest…

Algerian traders claim that the country bought 600,000 tons of wheat at a tender.

Posted to Maritime Reporter on February 25, 2026

Algeria's state grain agency OAIC reportedly purchased?600,000.00 metric tons milling wheat during a tender that closed on?Tuesday. Negotiations continued on Wednesday. Traders said that the purchase price was between $259 and 260 per ton, including freight (c&f).

Source: Kazakhstan's daily oil production and condensate output has risen by 40% in February.

Posted to Maritime Reporter on February 25, 2026

A source familiar with these data said on Wednesday that Kazakhstan's oil production and gas condensate increased sharply in the first two weeks of February. It reached a record 1.8 million barrels per day compared to 1.27 million in January.

Taiwan's MFIG purchases about 65,000 tonnes corn from US traders, say

Posted to Maritime Reporter on February 25, 2026

European traders reported that the Taiwanese MFIG buying group?bought 65,000 metric tonnes?of animal feed?corn expected to be sourced -from the United 'States? in a?international?tender _on Wednesday. They said that the yellow corn was bought…

Venezuela prepares larger oil cargoes to export and targets India

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.

Algeria purchases wheat in tender; traders continue talks on Wednesday

Posted to Maritime Reporter on February 24, 2026

Traders in Europe reported that Algeria's OAIC, the state grains agency, bought milling wheat amidst an international tender which closed on Tuesday. They reported that purchases were between $259 and $250 per metric ton with cost and freight included.

Expeditors tops quarterly estimates on strong customs brokerage demand

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.

Algeria purchases milling wheat at tender, traders claim

Posted to Maritime Reporter on February 24, 2026

?European Traders reported that Algeria's state grain agency OAIC bought a?milling?wheat in an international tender? which closed?? on Tuesday. They said that the initial cost of a metric tonne, including freight and costs, was $257, $259, and $260.

Venezuela prepares larger oil cargoes to export, targets India

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.

Pentagon: US forces capture third sanctioned oil-tanker in Indian Ocean

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…

Bousso: US and China are the key to containing an oil shock in the Middle East

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.

Middle East oil exports drive tanker costs up to a 6-year high amid US-Iran threat

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.

Pentagon: US forces seize a third sanctioned oil-tanker

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.

Sources say that Prefchem Malaysia has reduced its refinery production after closing the gasoline unit.

Posted to Maritime Reporter on February 24, 2026

Sources familiar with the matter say that Pengerang Refining Company in Malaysia (Prefchem), has reduced 'output' at its refinery after it closed one of two units for repairs - until April. They added that this has resulted in a decrease in exports of refined goods for the month.

Bousso: US and China are the key to containing an oil shock in the Middle East

Posted to Maritime Reporter on February 24, 2026

A major military conflict between the U.S., Iran and other countries could cause a disruption of Middle East oil supply. It could be that the vast oil reserves held by the U.S. or China are crucial in controlling it. As the American military builds up in the region…

Panama cancels CK Hutchison's contracts and gives canal ports to Maersk

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…

EU's Costa urges Hungary’s Orban respect 90 bln Euro loan deal for Ukraine in letter

Posted to Maritime Reporter 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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