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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 purchased 10,000 tons of rice from Vietnam at the April auction, traders claim

Posted to Maritime Reporter on May 11, 2026

Agro-Fisheries and Food Trade Corporation, a?state-owned company in South Korea. European traders reported that on Monday, the Agro-Fisheries & Food Trade?Corp. purchased an estimated '10,000 metric tonnes' of?rice from Vietnam. The international tender closed on April 28.

US legal advisor says Iran war justified because of Tehran's "aggression" over decades

Posted to Maritime Reporter on April 24, 2026

State Department lawyer Reed Rubinstein argued in a statement released days before the deadline of May 1 for the Trump administration to obtain approval from Congress under the 1973 War Powers Act or move to end the war. Reed Rubinstein, State Department's Legal Adviser…

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.

After ceasefire, Glencore and Taiwan refiners book tankers to fill Middle East oil

Posted to Maritime Reporter on April 9, 2026

?Commodities traders Glencore and Taiwan’s state refiner CPC chartered a vessel each to load Middle Eastern oil for Asia.?Vessels in the Gulf prepare?to leave via the Strait of Hormuz a day...after the 'ceasefire' in the U.S.Iran war. The two…

CORRECTED - Southeast Asian refineries reduce output due to tightened crude supplies

Posted to Maritime Reporter on March 10, 2026

Sources say that a growing number of refineries in Southeast Asia, who are dependent on Middle East oil for their production, have reduced output due to the U.S./Israeli war against Iran. Sources say that the conflict has halted all shipments across the Strait of Hormuz.

China describes the Panama court's ruling on CK Hutchison Port contracts as'shameful and pathetic'

Posted to Maritime Reporter on February 4, 2026

China has called the Panama court's decision to annul CK Hutchison’s contracts to operate a pair of Panama Canal ports as "absurd, shameful and pathetic" and vowed that it would defend Chinese interests. Panama's Supreme Court annulled last…

South Korea purchased approximately 20,500 tons in rice tenders, mainly from Vietnam

Posted to Maritime Reporter on November 26, 2025

Agro-Fisheries and Food Trade Corporation, a state-owned company in South Korea, purchased approximately 20,500 metric tonnes of rice, mainly from Vietnam. The international tender sought up to 78.744 tons. It closed on November 5. 20,000 tonnes will come from Vietnam, and 500 tonnes from Thailand.

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.

India ships first jet fuel cargo to US West Coast, traders say

Posted to Maritime Reporter on November 17, 2025

According to shipping and trade data, India exported its first ever jet fuel cargo for energy giant Chevron to the U.S. West Coast, taking advantage of a rare opportunity to fill shortages in Los Angeles. Since October, U.S. West Coast Jet Fuel…

Analysts say that a sanctioned LNG tanker is responsible for the STS transfer off Malaysia.

Posted to Maritime Reporter on October 30, 2025

Two analytics firms report that a sanctioned LNG tanker picked up a cargo at a Russian export terminal, which was also subject to Western restrictions. The transfer appears to be the very first STS of Russian LNG sanctioned by the West, despite…

Data shows that Saudi Arabia and India were the largest buyers of Russian fuel in July.

Posted to Maritime Reporter on August 26, 2025

LSEG data and traders' reports show that Saudi Arabia and India were top destinations for Russian seaborne VGO and fuel oil exports. Middle Eastern and Asian nations are now the primary destinations of Russian fuel oil and VGO since the full…

South Korea purchased 45,200 tonnes of rice from Vietnam & Thailand

Posted to Maritime Reporter on August 22, 2025

Agro-Fisheries and Food Trade Corporation, a state-owned company in South Korea, purchased approximately 45.200 metric tonnes of rice from the United States as part of an international tender which closed on August 8. It can take a few weeks for the corporation to make a decision on a tender.

Saudi Arabia was the top buyer of Russian fuel in June, according to data

Posted to Maritime Reporter on July 23, 2025

According to traders and LSEG, Saudi Arabia was the number one destination for Russian fuel oil and vacuum gasoline (VGO) seaborne exports in June. The hot summer required increased energy consumption. The Middle East and Asia became the primary…

China and India switch to higher-grade coal; Indonesian imports reduced

Posted to Maritime Reporter on June 25, 2025

China and India, the two largest thermal coal importers in the world, are cutting back on Indonesian shipments in favor of more energy-dense grades imported from other countries. This is because a fall in global coal prices has made high-quality coals more competitive.

South Korean firms seek LNG cargo for June delivery

Posted to Maritime Reporter on April 28, 2025

South Korean companies Korea Midland Power Co. (KOMIPO), Korea Southern Power Co. (KOSPO), and SK subsidiary PRISM Energy International, have released a tender to purchase one liquefied gas (LNG). The cargo is due for delivery in the month of June.

LNG Canada will begin cooling down its plant next week, the final step to preparing for first LNG

Posted to Maritime Reporter on March 24, 2025

On April 1, an LNG tanker will arrive in Canada to cool down the LNG Canada plant in Kitimat (British Columbia), which is considered to be the final step before production of supercooled gas begins at the plant. The delivery is scheduled for early April.

Yemen's Houthis complimentary team of Galaxy Leader after over a year, Al Masirah television reports

Posted to Maritime Reporter on January 22, 2025

Sea coast, Houthiowned Al Masirah TV reported on Wednesday. Palestinian militant group Hamas. Council as saying. car provider's owner Galaxy Maritime. Houthi forces at sea on Nov. of war in Gaza. agreement. criminal activities and siege of the Gaza Strip, he said.

Saudi Arabia was top purchaser of Russian fuel oil and VGO in November, LSEG data programs

Posted to Maritime Reporter on December 23, 2024

( VGO) exports in November, according to traders and LSEG information. according to Reuters computations based upon LSEG data. products. million loads. million loads. according to market sources. refining feedstock swimming pool as more affordable alternative to Urals crude. also in China. Canal.

LSEG data shows that India and Saudi Arabia were the top two buyers of Russian VGO fuel oil and VGO in October.

Posted to Maritime Reporter on November 11, 2024

LSEG data and traders' reports show that India and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports in October decreased by 3% compared to September.
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