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Saturday, April 25, 2026

Maritime Blogs Published Asia

Traders say that Turkey has received offers for the 350,000 tons of corn tender.

Posted to Maritime Reporter on February 26, 2026

Initial assessments by traders indicate that the lowest price offered in the first round of the tender for 350,000 metric tons of animal feed corn was $248.80 per metric ton, including freight. Bek Tarim, a trading house, was said to have made the offer for shipment of 26…

South Korea's NOFI offers to purchase up to 138,000 metric tonnes corn

Posted to Maritime Reporter on February 26, 2026

European traders reported on Thursday that the leading South Korean feedmaker Nonghyup Feed Inc., (NOFI), has issued an international bid to purchase up 138,000 metric tonnes?of animal feeding corn. The deadline to submit price offers for the tender is Thursday, 26th February.

Bousso: Geopolitical turmoil provides OPEC+ with cover to increase production cautiously.

Posted to Maritime Reporter on February 26, 2026

OPEC+ will meet on Sunday to decide its next production step amid increased geopolitical tensions that affect nearly a third?of?its output. This volatility could give the group the cover it needs to maintain its narrative of a balanced market, even though the facts in the field suggest otherwise.

Ireland looks to closer collaboration with NATO neighbors in order to deal with maritime threats

Posted to Maritime Reporter on February 25, 2026

Ireland plans to increase radar and subsea monitoring capabilities, and work more closely with NATO members in the face of hybrid threats arising from the North Atlantic. This was revealed by the country on Wednesday as part of its first maritime strategy.

Source: Kazakhstan's daily oil production and condensate output has risen by 40% in February.

Posted to Maritime Reporter on February 25, 2026

A source familiar with these data said on Wednesday that Kazakhstan's oil production and gas condensate increased sharply in the first two weeks of February. It reached a record 1.8 million barrels per day compared to 1.27 million in January.

The founder of China's JD.com launches a yacht brand

Posted to Maritime Reporter on February 25, 2026

Richard Liu, founder of Chinese online giant JD.com has launched Sea Expandary as an independent yacht brand. The goal is to build "100% green yachts" that are affordable for 'ordinary families. Liu said he would invest 5 billion yuan (690 million…

Taiwan's MFIG purchases about 65,000 tonnes corn from US traders, say

Posted to Maritime Reporter on February 25, 2026

European traders reported that the Taiwanese MFIG buying group?bought 65,000 metric tonnes?of animal feed?corn expected to be sourced -from the United 'States? in a?international?tender _on Wednesday. They said that the yellow corn was bought…

Venezuela prepares larger oil cargoes to export and targets India

Posted to Maritime Reporter on February 24, 2026

Four sources and shipping data indicate that buyers and trading houses of Venezuelan oil chartered the very large crude carriers to export the South American nation?since the Caracas-Washington deal was signed. This move will boost deliveries to India.

Denmark talks to Ukrainian drone manufacturer Skyfall about hosting production

Posted to Maritime Reporter on February 24, 2026

The Danish defence ministry announced on Tuesday that Ukrainian drone manufacturer 'Skyfall' is in discussions with the country about becoming the'second defence firm from the war-torn nation to set up production on Danish soil. The firm stated…

Ferretti's boss signals appetite for M&A amid annual core profit growth

Posted to Maritime Reporter on February 24, 2026

Italian yacht manufacturer Ferretti announced a 6.7% increase in its core profit for the full year, as well as a 47% jump in orders of made-to measure?yachts. Last year, adjusted?earnings prior to interest, taxes and depreciation (EBITDA), a measure of earnings before interest…

Venezuela prepares larger oil cargoes to export, targets India

Posted to Maritime Reporter on February 24, 2026

Sources and data indicate that trading houses and buyers of Venezuelan oil chartered the very large crude carriers to export from the South American nation since the Caracas-Washington deal was signed. This is expected to increase shipments to India and speed up the process starting in March.

Pentagon: US forces capture third sanctioned oil-tanker in Indian Ocean

Posted to Maritime Reporter on February 24, 2026

The Pentagon announced?on Tuesday that U.S. forces had intercepted a sanctioned tanker in the Indian Ocean, after tracing it from Caribbean waters. This was the third interdiction of this kind in the region. Washington has stepped up its blockade of vessels going to or from Venezuela…

The largest refinery in Romania will shut down for scheduled maintenance in March

Posted to Maritime Reporter on February 24, 2026

The largest refinery in Romania,?Petromidia?, located on the Black Sea, will close in March for a scheduled review, according to its owner. This could result, among other things, in a reduction of fuel supplies and an increase in prices. Rompetrol Rafinare is the owner of the refinery.

Bousso: US and China are the key to containing an oil shock in the Middle East

Posted to Maritime Reporter on February 24, 2026

A major military conflict between the U.S., Iran and other Middle Eastern countries could cause a disruption of oil supplies in the region. It could be that the vast oil reserves held by both the U.S.A. and China are crucial in controlling it.

Middle East oil exports drive tanker costs up to a 6-year high amid US-Iran threat

Posted to Maritime Reporter on February 24, 2026

Industry sources claim that the cost of shipping crude oil has risen?to its highest level in six years. This is due to a surge of crude exports out of the Middle East, as traders rush to book charters before a possible conflict between the U.S.

China restricts the export of 20 Japanese companies to stop'remilitarisation.

Posted to Maritime Reporter on February 24, 2026

China has banned the export of dual use items to 20 'Japanese companies that supply Japan military', announced the Commerce Ministry on Tuesday. This is the latest in a series of disputes between Beijing and Tokyo. China uses its influence over supply chains to increase pressure on 'Tokyo'…

Sources say that Prefchem Malaysia has reduced its refinery production after closing the gasoline unit.

Posted to Maritime Reporter on February 24, 2026

Sources familiar with the matter say that Pengerang Refining Company in Malaysia (Prefchem), has reduced 'output' at its refinery after it closed one of two units for repairs - until April. They added that this has resulted in a decrease in exports of refined goods for the month.

Bousso: US and China are the key to containing an oil shock in the Middle East

Posted to Maritime Reporter on February 24, 2026

A major military conflict between the U.S., Iran and other countries could cause a disruption of Middle East oil supply. It could be that the vast oil reserves held by the U.S. or China are crucial in controlling it. As the American military builds up in the region…

Panama cancels CK Hutchison's contracts and gives canal ports to Maersk

Posted to Maritime Reporter on February 24, 2026

Panama published a Supreme Court decision on Monday in its official gazette canceling a number of port contracts held by a subsidiary CK 'Hutchison. This cleared the way for a Maersk APM Terminals temporary takeover. This publication is the…

EU's Costa urges Hungary’s Orban respect 90 bln Euro loan deal for Ukraine in letter

Posted to Maritime Reporter on February 24, 2026

Antonio Costa, the President of the European Council on Monday, urged Hungarian Prime Minister Viktor Orban 'to honour a 'deal for a 90-billion euro loan ($106.11billion) to Ukraine. Budapest had said that it would 'block the plan unless Russian…

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