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Thursday, January 15, 2026

Maritime Blogs

GRAINS-Wheat extends the gains on short covering and war risk

Posted to Maritime Reporter on December 24, 2025

Chicago Board of Trade Wheat Futures rose for a fifth session Wednesday, as traders and analysts expressed concern about the escalation of war in the Black Sea Export Zone and the severe cold that has affected the Russian wheat belts. Corn futures rose on the strength of wheat and strong demand…

EU wheat is at a two-week high due to Black Sea risks

Posted to Maritime Reporter on December 24, 2025

Dealers said that European wheat prices rose in a thin trade before Christmas due to concerns about the escalation of war in the Black Sea export zone. Euronext will be closed on Christmas Day, Thursday and Friday. The most active contract, March wheat on the Paris-based Euronext exchange…

EU Wheat Stable as Black Sea Risks Support

Posted to Maritime Reporter on December 24, 2025

Dealers said that the price of European wheat increased on Wednesday, as concerns about the war in the Black Sea export zone and the cold weather in Russia pushed prices up in thin trading before Christmas. The most active contract, March?wheat on Paris' Euronext exchange…

Algerian traders claim that Algeria has bought around 500,000 tonnes of durum at the tender.

Posted to Maritime Reporter on December 24, 2025

European traders reported on Wednesday that Algeria's state grain agency, OAIC, is believed to have bought between 500,000 and 550 000 metric tons durum wheat at an international auction held Tuesday. For larger panamax shipments, the?purchase…

China probe finds that Taiwanese smugglers were in control of vessel that damaged submarine cables

Posted to Maritime Reporter on December 24, 2025

Chinese authorities said on Wednesday that two Taiwanese nationals were involved in a smuggling ring involving a Chinese crewed vessel?that damaged submarine cables earlier this summer. A Taiwanese Court sentenced in June the Chinese Captain…

Russia has set a grain export quota of 20 million tonnes for the period February-June 2020

Posted to Maritime Reporter on December 24, 2025

The?government announced on Wednesday that Russia has set its grain export quota to protect the domestic market at 20 million metric tonnes?for second half of?marketing season. The second half marketing season will run from February 15, 2026 to June 30, 2020.

China probe finds that Taiwanese smugglers were in control of vessel that damaged submarine cables

Posted to Maritime Reporter on December 24, 2025

Chinese authorities said on Wednesday that two Taiwanese nationals were involved in a smuggling ring involving a Chinese crewed vessel?that damaged submarine cables earlier this summer. A Taiwanese court sentenced a Chinese captain, the Hong Tai 58 of Togo…

Fleet management firm Motive Technologies reveals revenue growth in US IPO paperwork

Posted to Maritime Reporter on December 23, 2025

In its U.S. IPO filing, AI-powered fleet manager Motive Technologies disclosed Tuesday a?rise?in revenue for the nine months. Companies are lining up to list in early 2019. Losses of $113.9 millions on $268.9?millions in revenue were reported…

Venezuela uses floating storage to fill onshore tanks

Posted to Maritime Reporter on December 23, 2025

According to documents and data from the company, Venezuela's PDVSA, the state-owned oil company, has started to fill tankers with crude oil and fuel oil, and keep them in Venezuelan water, due to the accumulation of inventories caused by?the U.S. seizing Venezuelan-linked ships on sea. The U.S.

EU wheat remains firm as Black Sea concerns linger

Posted to Maritime Reporter on December 23, 2025

Analysts said that prices for Euronext wheat rose on Tuesday, as Russian attacks against Ukrainian?ports boosted the market. Forecasts of extreme cold in 'Russia also pushed up prices. Traders repositioned their positions before Christmas. The most active contract…

As on-shore tanks fill due to ship seizures, Venezuela turns to floating storage

Posted to Maritime Reporter on December 23, 2025

According to documents and data from the company, Venezuela's PDVSA state-run oil firm has begun filling up 'tankers' with crude oil and fuel oil that it has in its storage. This is because inventories are increasing amid U.S. moves to seize Venezuelan-linked ships. This month, the U.S.

Orsted sells Cathay 55% of Taiwan's wind farm

Posted to Maritime Reporter on December 23, 2025

Orsted, a Danish offshore wind developer, has agreed to sell a 55% stake in its Greater Changhua II offshore wind farm in Taiwan. The deal is worth approximately 5 billion Danish crowns (788.74m). You can also restore your own website. Investor…

Russell: China overtakes OPEC+ to become the primary oil price maker

Posted to Maritime Reporter on December 23, 2025

The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by changing output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…

Russia blames the low grain prices in the world for its stalled exports

Posted to Maritime Reporter on December 23, 2025

In a newspaper interview published on Tuesday, Dmitry Patrushev, the Deputy Prime Minister, said that low global prices have slowed down Russian grain exports during this marketing season. He also stressed that Russian grain remains in high demand.

Sources: Bahrain's BAPCO has sent its first diesel cargo to Australia for two-and-a half years.

Posted to Maritime Reporter on December 23, 2025

Bahrain's only oil refiner BAPCO Energies shipped its first diesel cargo in Australia for nearly two-and-a half years. This was based on data from shiptrackers, three sources of trade, and other sources. The company is ramping up production and exports as part of a capacity expansion.

Ainslie signs Oakley Capital agreement to fund British America’s Cup bid

Posted to Maritime Reporter on December 23, 2025

British sailor, Ben 'Ainslie, has secured the funding he needs to run his America's Cup 2027 campaign. He announced a deal with Oakley Capital Tuesday following a stressful phase?in a mission to?bring the Cup back home. Ainslie’s Athena Racing…

After rally, grain prices ease after the Russia-Ukraine War.

Posted to Maritime Reporter on December 22, 2025

Chicago?wheat fell for the first time in four sessions on Tuesday. However, losses were limited due to concerns about an escalation of the Russia-Ukraine conflict disrupting supplies. Corn was flat, but soybeans were up. A grain trader in Singapore…

Trump announces plans for new 'Trump class' battleships that will boost US naval power

Posted to Maritime Reporter on December 22, 2025

Donald Trump, President of the United States, announced plans on Monday to build a new class of battleships, larger, faster, and "100 times stronger" than anything before. The goal is to cement U.S. Naval dominance. He said that the project would be eventually expanded to include?20-?25 new vessels.

Russell: China overtakes OPEC+ to become the primary oil price maker

Posted to Maritime Reporter on December 22, 2025

The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by adjusting output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…

Panama: US tanker that intercepted Venezuelan-related tanker did not comply with maritime rules

Posted to Maritime Reporter on December 22, 2025

The Panamanian foreign minister announced?on Monday? that an?American?tanker was recently intercepted?by Panama. The Panamanian flagged vessel violated the maritime laws of the country and disconnected its transponder as it sailed out of Venezuelan waters with a crude cargo.