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Data shows that Chinese tankers have exited the Strait of Hormuz carrying 4 million barrels of crude.

Posted to Maritime Reporter on May 19, 2026

Two Chinese supertankers with 4?million barrels Middle East crude oil left the Strait of Hormuz on Wednesday, after spending more than two month in the Gulf. Shipping data from LSEG and Kpler revealed this. Data showed that a Chinese-flagged Very Large Crude Carrier (VLCC)…

South Korea's MFG purchases about 63,000 tonnes corn, traders claim

Posted to Maritime Reporter on May 19, 2026

European traders reported that the 'Major Feedmill Group' (MFG) of South Korea purchased 63,000 metric tonnes of animal feed corn in a 'private deal? on Tuesday. This deal is in addition to a previous purchase of 67,000 tons feed corn by the MFG and Cargill Agri Purina…

South Korea's NOFI purchases about 68,000 tonnes of corn in tender, traders claim

Posted to Maritime Reporter on May 19, 2026

European traders said that the leading South Korean animal feed manufacturer, 'Nonghyup Feed Inc.' (NOFI), bought an estimated 68,000 metric tons of animal feed corn on Tuesday in an international bid seeking up to 138,000 tons. The corn was…

Taiwan's defence minister is 'cautiously positive' about US weapons sales

Posted to Maritime Reporter on May 19, 2026

Taiwan Defence Minister Wellington Koo said on Tuesday that he is "cautiously confident" about the upcoming 'arms sales to Taiwan from the U.S. President Donald Trump said he had not decided yet whether he would 'go ahead with new sales. Trump's last-week meeting with China's Xi Jinping…

South Korea's NOFI bids for 65,000 feed wheat and 138,000 tons of corn

Posted to Maritime Reporter on May 19, 2026

European traders reported that Nonghyup Feed Inc., a South Korean feedmaker, has announced an international tender for the purchase of?upto 138,000 metric tonnes of animal feed corn and 65,000 tons feed wheat. The deadline for submitting price offers is Tuesday, May 19th.

Bousso: The petrodollar is put to the test by opaque oil deals around Hormuz

Posted to Maritime Reporter on May 18, 2026

The U.S.-dominated global oil trade system is under pressure from the Iran War and the closing of the Strait of Hormuz. Governments in major consumers nations are turning to opaque deals with Gulf producers and Tehran to secure their?supplies.

Russian drones strike two ships, including a Chinese cargo vessel near Ukraine's Black Sea

Posted to Maritime Reporter on May 18, 2026

Ukrainian authorities reported that Russian drones attacked two ships approaching ports in Ukraine's Odesa region in the Black Sea on Monday, including a Chinese cargo vessel. This was after a night-long Russian attack on the area. The Ukraine's…

South Korean buyers purchased up to 130,000 tonnes of feed wheat last week according to traders

Posted to Maritime Reporter on May 18, 2026

Last week, the?Feed Leaders Committee? (FLC?) and Major Feedmill?Group? (MFG?) bought up to 130,000 metric tonnes of?animal?feed wheat? in private?deals? without issuing a tender?, European traders reported on Monday. Both bought a consignment between 55…

South Korean buyers bought up to 130,000 tonnes of feed wheat last week according to traders

Posted to Maritime Reporter on May 18, 2026

Last week, the?Feed Leaders Committee of South Korea (FLC) and?Major Feedmill Group purchased up to 130,000 metric?tons?of?animal?feed wheat without holding an international tender. Both?purchased consignments of between 55,000 and 65,000 tons, with the volume to be declared before June 15.

South Korea's MFG and partner CAPI tender up to 70,000 tonnes corn, traders claim

Posted to Maritime Reporter on May 18, 2026

South 'Korea Major Feedmill Group and its partner company Cargill Agri Purina have announced an international tender for the purchase of up to 70,000 metric tons of animal feed corn. Corn is only wanted from South America and South Africa in one shipment of between 55…

Bousso: The petrodollar is put to the test by opaque oil deals around Hormuz

Posted to Maritime Reporter on May 18, 2026

The U.S.-dominated global oil trade system is under pressure from the Iran War and the closing of the Strait of Hormuz as governments in major consumer nations make increasingly opaque deals to secure supplies with Gulf and Tehran producers.

South Korea's MFG purchases about 68,000 tonnes of corn, traders claim

Posted to Maritime Reporter on May 15, 2026

The 'Major Feedmill Group' (MFG) of South Korea purchased 68,000 metric tonnes of animal -feed corn in a private deal on Friday. The estimated cost of the?ton was $272.99 plus $1.50 per ton for additional port unloading. The 'purchased' item was said to be a?trader?house Mitsui…

Sources say that the low Chinese refining margins are affecting the premiums on Russian ESPO blend oil.

Posted to Maritime Reporter on May 15, 2026

Four trading sources said that spot premiums for Russian's Far East ESPO blend crude oil to be delivered to?China in June and July, have lowered due to the weak Chinese refining margins as well as slow demand. Sources said that the decline in…

South Korea is reportedly buying 53,800 tonnes of rice from traders

Posted to Maritime Reporter on May 15, 2026

Agro-Fisheries and?Food Trade Corporation, the state-backed South Korean company, has?issued an international tender for purchase of 53,800 tons of rice from the United States. The deadline to submit price offers for the tender is May 28. The tender was looking for about 27…

South Korea's KFA Busan will buy up to 69,000 tonnes of corn, traders claim

Posted to Maritime Reporter on May 15, 2026

The Korea Feed Association Busan Section has issued an international tender to purchase up to 69,000 metric tonnes of animal feed corn from optional origins. They said that the tender will also close on May 15th. The corn was to arrive in South Korea by August 30. If you are sourcing from the U.S.

Trump and China's Xi agreed that Iran cannot possess nuclear weapons

Posted to Maritime Reporter on May 15, 2026

U.S. president Donald Trump has said that his patience 'with Iran is running thin. He agreed with Chinese President Xi Jinping in their talks to not allow the Islamic Republic to possess a nuclear weapon. They also agreed the Strait of Hormuz must be reopened.

Trump and Xi discuss Iran while new attacks on ships near Hormuz occur

Posted to Maritime Reporter on May 14, 2026

U.S. president Donald Trump and China's President Xi Jinping discussed the Iran -war in Beijing on Thursday. Meanwhile, new attacks on vessels close to the Strait of Hormuz reminded us of the cost of a prolonged stalemate with peace negotiations stalled.

China's Weichai wins board vote at yacht builder Ferretti, fends off KKCG challenge

Posted to Maritime Reporter on May 14, 2026

Sources close to the matter said that shareholders in Italian 'yacht builder Ferretti' on Thursday sided with China's Weichai Group?in a shareholder dispute, ending CEO Alberto Galassi?s 12-year tenure and naming a new board. The shareholders'…

India says that safe and unimpeded maritime flow is vital to global economic prosperity

Posted to Maritime Reporter on May 14, 2026

Subrahmanyam?Jaishankar, the Indian Foreign Minister, said that unimpeded maritime flow through international waters including the Strait of Hormuz is vital for global economic well-being. Jaishankar spoke?at?the beginning of a two day meeting of BRICS Foreign Ministers in New Delhi.

Trump's China trip is a shift in alliances as the Iran war looms.

Posted to Maritime Reporter on May 13, 2026

On Wednesday, the U.S. and Israeli war in Iran loomed large over Donald Trump's trip to China. Signs emerged that the conflict was shifting alliances accross the Middle East. Trump arrived in Beijing Wednesday, ahead of a scheduled meeting with President Xi Jinping on Thursday.
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