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Thursday, January 15, 2026

Maritime Blogs

Somalia cancels all agreements, including port deals, with UAE

Posted to Maritime Reporter on January 12, 2026

Somalia's Government announced on Monday that it was cancelling all agreements with United Arab Emirates including port deals, defence and security collaboration, and citing evidence that the UAE undermined its national sovereignty. The Council…

Brazil sets the starting bid at $93 Million for Santos Port Terminal Auction

Posted to Maritime Reporter on January 12, 2026

The 'Ports and Airports Ministry' announced on Monday that Brazil has set a'minimum concession fee' of '500 million reais (92.96 million dollars) for the massive Tecon 10-container terminal auction at the port of 'Santos', which is expected to happen in the second half of March.

Spanish police seize 10 tonnes of cocaine hidden within salt cargo

Posted to Maritime Reporter on January 12, 2026

Police in Spain announced on Monday that they had made the largest cocaine seizure ever on high seas. They intercepted a vessel carrying a cargo of salt concealed with almost ten metric tons of cocaine on its way from Brazil to Europe. The operation resulted in the arrest of?13 people aboard.

Sources say that Trafigura and Vitol offer Venezuelan crude oil to Indian and Chinese refiners in March for delivery.

Posted to Maritime Reporter on January 12, 2026

Sources from the trade said that Vitol, Trafigura and refiners in India or China have begun discussions about Venezuelan crude oil sales for cargoes due to arrive in March. On 'Friday, global commodities traders confirmed that they had reached agreements with the U.S.

Russian Railways cargo will reach a 16-year low by 2025.

Posted to Maritime Reporter on January 12, 2026

Russian Railways, the state-owned company, said that cargo volumes on Russian Railways fell by 5.6% in 2025, as shipments of oil, coal, metals, and construction declined. The decline in rail cargo volumes, a key economic indicator of the health of Russia's export economy…

KFA Busan, a South Korean company, bought 66,000 tonnes of corn on Friday in a private deal.

Posted to Maritime Reporter on January 12, 2026

According to European traders, the Busan section of South Korea's Korea Feed Association (KFA), which is based in Busan, purchased 66,000 metric tons of animal feed corn on Friday. No international tender was issued. This purchase was made after a separate deal…

South Korea's NOFI purchased about 68,000 tonnes of corn in a private deal on Friday.

Posted to Maritime Reporter on January 12, 2026

Leading South Korean feedmaker Nonghyup Feed ?Inc. (NOFI), a leading South Korean feedmaker, purchased 68,000 metric tonnes?of animal food?corn? in a private transaction on Friday without a formal international tender being held, European traders reported on Monday.

Argo and Zoulou, speed demons Argo & Zoulou, lead Atlantic fleet as they set sail

Posted to Maritime Reporter on January 11, 2026

Two MOD70 trimarans sped out of Lanzarote Sunday, with their sights set on a five-and-a half-day sprint to Antigua. They led a colorful 21-boat fleet in the RORC Transatlantic Race. The speed machines Argo, and Zoulou are purpose-built offshore racing boats.

Berlin students begin RORC Transatlantic Race from Antigua

Posted to Maritime Reporter on January 10, 2026

Some of the 'royalty' in offshore sailing will be taking part in the RORC Transatlantic Race, which runs from Lanzarote to Antigua on Sunday. The race offers the chance to break records and 'burnish their already glittering reputations. It is a dream come true for other competitors.

Thirty-metre boats compete for pride in Kerala’s traditional ā€˜snake boat’ races

Posted to Maritime Reporter on January 10, 2026

As the "snake-boat race" season ended in Kollam, Kerala in India on Saturday, crews of over 60 rowers swung their oars together and guided boats of?more 30 metres in length through the'serene waters' of Ashtamundi Lake. The largest watercrafts…

Three rival navigators and one ocean: How rival minds will approach Atlantic

Posted to Maritime Reporter on January 10, 2026

The Atlantic Ocean will be a huge, shifting puzzle when the RORC Transatlantic Race Fleet slips off its moorings on Sunday in Lanzarote. It's 3,000 miles of pressure systems, trade winds and hard decisions. Three of the best navigators in the…

Ambassador: Ukrainians aboard the seized Bella-1 tanker

Posted to Maritime Reporter on January 9, 2026

The Ukrainian ambassador to the United States said on Friday that Ukrainians were part of the crew aboard the Russian-flagged tanker Bella-1 which was seized by U.S. troops this week. Olha Stefanishyna was quoted by Interfax Ukraine as saying that Ukrainian diplomats are in contact with U.S.

Sources: India's Reliance is in talks with the US to obtain a permit for it to purchase Venezuelan oil

Posted to Maritime Reporter on January 9, 2026

Two sources with knowledge of the matter said on Friday that Reliance Industries, a private refiner in India, is seeking U.S. permission to resume purchasing Venezuelan crude. The refiner wants to ensure supplies as Western pressures on India to reduce Russian oil imports.

Sources: India's Reliance is in talks with the US to obtain a permit for it to purchase Venezuelan oil

Posted to Maritime Reporter on January 9, 2026

Two sources with knowledge of the matter said that Reliance Industries, a private refiner in India, is looking to secure oil as Western pressures on India to reduce its Russian oil purchases. Sources said that Reliance representatives were in talks with the U.S.

Turkey will import feed barley worth 210,000 metric tonnes, traders claim

Posted to Maritime Reporter on January 9, 2026

European traders reported on Friday that the state-owned?grain board TMO of Turkey has issued a?international tender for the?purchase and importation of about 210,000 tons animal feed barley. The deadline to submit price offers in the tender is 15 January.

US may use Export-Import bank for Venezuela oil projects, energy chief says

Posted to Maritime Reporter on January 9, 2026

Energy Secretary Chris Wright told reporters that there is a "real possibility" the U.S. might use its Export-Import Bank to 'fund large oil projects' in Venezuela. This was before President Donald Trump met with industry executives later on Friday.

South Korea's KFA purchased about 68,000 tonnes of corn in a private deal, traders claim

Posted to Maritime Reporter on January 9, 2026

According to European traders, the Korea Feed Association in South Korea purchased around 68,000 metric tonnes?of animal feeding corn?in a private deal on Friday. KFA Incheon bought the corn at a cost of $249.94 per ton, including freight. Arrival…

Sources say that Germany's Uniper is close to signing an agreement with India to purchase green ammonia

Posted to Maritime Reporter on January 9, 2026

Two people with knowledge of the matter said that the state-owned German utility Uniper was close to a deal for the purchase of green ammonia in India, as part of Chancellor Friedrich Merz’s planned trip to India next week. Germany is betting…

South Korea's MFG purchases additional 67,000 tonnes corn in private deal following tender, traders claim

Posted to Maritime Reporter on January 9, 2026

Major Feedmill Group, South Korea (MFG), reportedly purchased an additional 67,000 metric tons of animal feed corn in a private deal Friday after purchasing around 204,000 tons on Friday in an international auction. The corn was said to have…

Moscow claims that the US has freed two Russian crewmembers from a seized oil tanker upon its request

Posted to Maritime Reporter on January 9, 2026

The Russian Foreign Ministry announced?on Friday? that the United States had released two Russian crewmembers from an oil tanker flying the Russian flag, which was seized in the Atlantic Ocean on Wednesday. The Russian Transport Ministry announced on Wednesday that it had lost contact after U.S.

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