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Bulgarian Energy Holding will take a 10% stake in Black Sea oil & gas exploration block

Posted to Maritime Reporter on January 14, 2026

The government announced on Wednesday that Bulgarian Energy Holding, a state-owned energy company in Bulgaria, will acquire a 10% share in the?oil & gas exploration rights for the?Han Asparuh Block in the Black Sea. The Council of Ministers has approved the deal…

Cargill Agri Purina, a South Korean company, has bought 68,000 tonnes of corn at a tender from traders.

Posted to Maritime Reporter on January 14, 2026

Cargill Agri Purina, a South Korean company, purchased 68,000 metric tonnes of 'corn on Wednesday in an international tender that sought up to 140,000 tons. The estimated cost per ton was $250.89 (c&f), plus $1.50 for port unloading. The tender only sought corn from South America or South Africa.

Argo leads MOD70 Trimarans in RORC Transatlantic Race from Antigua

Posted to Maritime Reporter on January 13, 2026

Three days into the 2026 RORC Transatlantic Race the fleet has already'shown their hand' -- they have committed en masse the classic southern escape. They are slipping along the African coast from the Canaries, before swinging to the west to make the long trade wind run to Antigua.

Geneva will host the SailGP Championship in 2026

Posted to Maritime Reporter on January 13, 2026

The SailGP 'Championship' will include the Switzerland Sail Grand Prix in 2026, the racing circuit announced on Tuesday, after Lake Geneva made its debut last season. Geneva will replace Saint-Tropez on the 2026 Season Calendar, and the race is scheduled for September 19-20.

Trump says that he will send help to Iran if they continue protesting.

Posted to Maritime Reporter on January 13, 2026

Donald Trump, on Tuesday, told Iranians to continue protesting and said that help was "on its way", but did not elaborate whether this meant possible U.S. actions. "Iranian Patriots, KEEP PROTESTING - TAKE OVER YOUR INSTITUTIONS!!!... HELP IS COMING," Trump wrote in a Truth?Social post.

Venezuela reverses oil production cuts and resumes exports, sources claim

Posted to Maritime Reporter on January 13, 2026

Three sources said that Venezuela's oil company has started reopening wells it and its joint-venture partners had?shut down amid a U.S. strict embargo. Crude exports have resumed with two shipments departing on Monday. Since December, the OPEC countries' oil exports have?been almost at a standstill…

Source: Iran releases Greek-managed tanks seized in January 2024

Posted to Maritime Reporter on January 13, 2026

Iran has ?released ?the Greek-owned, Marshall-Islands-flagged tanker MT St. Nikolas it seized in the Gulf of Oman in January 2024, a ?company source told on Tuesday. Source: The vessel was released on 8th January and has been at Shinas Port in Oman since 12th January with 13 crew members on board.

South Korea's NOFI begins buying corn at tender, traders claim

Posted to Maritime Reporter on January 13, 2026

Nonghyup Feed Inc., a leading South Korean animal feed manufacturer (NOFI), began buying animal 'feed corn at an international auction on Tuesday. The initial purchase was 65,000 metric tonnes. Traders said that the tender sought up to?to 207…

Cargill Agri Purina, a South Korean company, has bid for corn up to 140.000 tons.

Posted to Maritime Reporter on January 13, 2026

European traders reported on Tuesday that the South Korean group Cargill agri - Purina had issued an international tender for the purchase of up to 140,000 metric tonnes of animal feed corn. Only South America and South Africa can supply it.

The vessel monitoring service reports that Iran has released the Greek tanker St. Nikolas, which was seized by 2024.

Posted to Maritime Reporter on January 12, 2026

According to Tanker Trackers, Iran has released the St. Nikolas tanker, which is a Greek owned Suezmax that it had seized in 2024. Iranian state media reported that Iran had seized the tanker - which was carrying Iraqi oil destined for Turkey - in revenge for the U.S.

Maersk uses Red Sea route once again to transport Gaza ceasefire.

Posted to Maritime Reporter on January 12, 2026

Maersk, a Danish shipping company, announced on Monday that one of its vessels had successfully navigated the Red Sea and Bab El-Mandeb Strait. This comes weeks after the firm tested the route in anticipation of normal shipping traffic following the Gaza ceasefire.

Ship data shows that supertankers destined to transport Venezuelan oil to China have made a U-turn.

Posted to Maritime Reporter on January 12, 2026

LSEG shipping data revealed on Monday that two China-flagged Supertankers, which were en route to Venezuela to pick up debt paying crude cargoes amidst the U.S. embargo against?the OPEC country?had made a u-turn. They are now returning to Asia. After the U.S.

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.