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May 8, 2026
European traders reported that Nonghyup Feed Inc., a leading South Korean animal feed manufacturer (NOFI), began buying animal feed corn on Friday in an international tender. So far, 136,000 metric tonnes have been purchased. The tender is for up to 207…
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May 8, 2026
The Feed Leaders Committee (FLC), a South Korean import group, purchased 50,000 metric tonnes of'soymeal on Friday. This could have been sourced from either the United States or South America. They said that the FLC 'believes to have purchased…
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May 8, 2026
China's Foreign Ministry confirmed Friday that a tanker containing oil products and crew from China was attacked on the Strait of Hormuz. The ministry also expressed deep concern for vessels affected by the Middle East conflict. Lin Jian, spokesperson for the Foreign Ministry…
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May 8, 2026
Commodity traders reported on Friday that although rain has raised the water level on the Rhine River in Germany, it is still impossible to ship with full cargo loads. The river was too shallow in April and May due to dry weather, preventing ships from sailing with full loads.
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May 8, 2026
South Korea's Major Feedmill Group purchased an additional 50,000 metric tons of soymeal in a private deal on Thursday, European traders reported on Friday. The 50,000 tons purchased?in a Thursday international tender by the trading house Cofco brought the total purchase?to $100,000 tons.
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May 8, 2026
According to industry sources, and shipping data, Asia received its first cargo of fuel oil?from Mexico?in nine months?on Thursday. More cargoes are expected to follow. After the Strait of Hormuz conflict, which cut off fuel oil supplies to…
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May 7, 2026
U.N. experts warned on Thursday that the executive order issued by U.S. president Donald Trump in January to impose an energy blockade?on Cuba amounted to "energy famine" and would have grave consequences for the Caribbean island nation's?development?and?human rights.
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May 7, 2026
Iranian state media, citing a military official who declined to be named, reported on Thursday that U.S. 'naval units' operating in the strait of Hormuz were hit by a missile fired from Iran after the U.S. attacked an Iranian oil tanker. It added that U.S.
Posted to Maritime Reporter
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May 7, 2026
Rheinmetall's CEO Armin Papperger stated 'on Thursday' that the company could sign a contract to take over Germany’s delayed F126 frigate program 'in the second quarter'. This would further highlight the growing focus of the company on the naval sector.
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May 7, 2026
Indian sailor Tithi Chhranjeevi was terrified by drones and missiles after his ship had been stranded for more than a week in Iran due to the Middle East conflict's blockade of?the?Strait of Hormuz. "Around 10-20 missiles were fired every night." "No one could sleep…
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May 7, 2026
Fuel markets in the U.S. are flashing warning signals. Donald Trump has said repeatedly that gasoline prices would "drop like rocks" when the Iran conflict ended. The sharp and persistent declines in U.S. crude, gasoline and diesel stocks in recent months suggests otherwise.
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May 7, 2026
The Major 'Feedmill Group' (MFG) of South Korea purchased a?estimated amount of 50,000 metric tonnes of soymeal on Thursday in an international?tender that sought?upto 60,000 tons, European traders reported. A consignment is believed to have cost $414.79 per ton…
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May 7, 2026
The Feed Leaders Committee of South Korea (FLC) purchased 132,000 metric?tons animal?feed?corn?from optional origins on?Thursday, European traders reported. A consignment of 65,000 tons of goods was reported to have been purchased from the trading…
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May 7, 2026
Taiwan conducted the first torpedo firing of its domestically-developed submarine. This is a significant milestone in a project that aims to strengthen deterrence and protect vital sea lanes if war breaks out. Taiwan, which China claims to be…
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May 7, 2026
Armin Papperger, CEO of Rheinmetall, said on Thursday that the German defence company is expecting a stronger growth in the second quarter due in part to the large volume orders placed in the vehicles and naval business. "With the acquisition of Naval Systems…
Posted to Maritime Reporter
on
May 7, 2026
Fuel markets in the U.S. are sending out warning signals. Donald Trump has said that gas prices will drop "like a rock" once the Iran conflict is over. The sharp and persistent declines in U.S. crude, gasoline, and diesel stocks in recent months suggest otherwise. The risk goes beyond sticker shock.
Posted to Maritime Reporter
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May 6, 2026
Euronext wheat fell for a second day on Wednesday, 'hitting a two-week high. Investors reacted to news that Washington and Tehran were 'close to an agreement to end their conflict. The most active contract, September?milling whey, on Paris'…
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on
May 6, 2026
According to a?US. A government document, seen by analysts, linked the strategic location of the African state on the Red Sea shipping routes. Analysts said that the U.S. action was aimed at improving relations with Eritrea which has a long Red Sea coast opposite Saudi Arabia.
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May 6, 2026
European traders reported that Algeria's state grain agency OAIC bought between 390,000 and 420,000 metric tons of milling wheat at an international?tender that closed on Wednesday. The traders were still assessing the size of the order in terms of tonnage…
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on
May 6, 2026
?European traders'reported that the state grain agency of Algeria, OAIC, had?purchased milling wheat at an international tender that?closed Wednesday. Initial reports indicated that the cost of a metric tonne, including freight and cost (c&f), was between $268 and $270.
