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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.

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.

Thirty-metre boats compete for pride in Kerala’s traditional ā€˜snake boat’ races

Posted to Maritime Reporter on January 10, 2026

As the "snake-boat race" season ended in Kollam, Kerala in India on Saturday, crews of over 60 rowers swung their oars together and guided boats of?more 30 metres in length through the'serene waters' of Ashtamundi Lake. The largest watercrafts…

Ambassador: Ukrainians aboard the seized Bella-1 tanker

Posted to Maritime Reporter on January 9, 2026

The Ukrainian ambassador to the United States said on Friday that Ukrainians were part of the crew aboard the Russian-flagged tanker Bella-1 which was seized by U.S. troops this week. Olha Stefanishyna was quoted by Interfax Ukraine as saying that Ukrainian diplomats are in contact with U.S.

Sources: India's Reliance is in talks with the US to obtain a permit for it to purchase Venezuelan oil

Posted to Maritime Reporter on January 9, 2026

Two sources with knowledge of the matter said on Friday that Reliance Industries, a private refiner in India, is seeking U.S. permission to resume purchasing Venezuelan crude. The refiner wants to ensure supplies as Western pressures on India to reduce Russian oil imports.

Sources: India's Reliance is in talks with the US to obtain a permit for it to purchase Venezuelan oil

Posted to Maritime Reporter on January 9, 2026

Two sources with knowledge of the matter said that Reliance Industries, a private refiner in India, is looking to secure oil as Western pressures on India to reduce its Russian oil purchases. Sources said that Reliance representatives were in talks with the U.S.

Turkey will import feed barley worth 210,000 metric tonnes, traders claim

Posted to Maritime Reporter on January 9, 2026

European traders reported on Friday that the state-owned?grain board TMO of Turkey has issued a?international tender for the?purchase and importation of about 210,000 tons animal feed barley. The deadline to submit price offers in the tender is 15 January.

US may use Export-Import bank for Venezuela oil projects, energy chief says

Posted to Maritime Reporter on January 9, 2026

Energy Secretary Chris Wright told reporters that there is a "real possibility" the U.S. might use its Export-Import Bank to 'fund large oil projects' in Venezuela. This was before President Donald Trump met with industry executives later on Friday.

South Korea's KFA purchased about 68,000 tonnes of corn in a private deal, traders claim

Posted to Maritime Reporter on January 9, 2026

According to European traders, the Korea Feed Association in South Korea purchased around 68,000 metric tonnes?of animal feeding corn?in a private deal on Friday. KFA Incheon bought the corn at a cost of $249.94 per ton, including freight. Arrival…

Sources say that Germany's Uniper is close to signing an agreement with India to purchase green ammonia

Posted to Maritime Reporter on January 9, 2026

Two people with knowledge of the matter said that the state-owned German utility Uniper was close to a deal for the purchase of green ammonia in India, as part of Chancellor Friedrich Merz’s planned trip to India next week. Germany is betting…

South Korea's MFG purchases additional 67,000 tonnes corn in private deal following tender, traders claim

Posted to Maritime Reporter on January 9, 2026

Major Feedmill Group, South Korea (MFG), reportedly purchased an additional 67,000 metric tons of animal feed corn in a private deal Friday after purchasing around 204,000 tons on Friday in an international auction. The corn was said to have…

South Korea's MFG purchases approximately 204,000 tons of corn in tender, traders claim

Posted to Maritime Reporter on January 9, 2026

The European traders reported that the South Korean Major Feedmill Group (MFG), a company that specializes in animal feed, purchased an estimated 204,000 metric tons of corn on Friday. The?purchased?was?in three consignments?of?around 68, 000 tons for arrival in April in South Korea.

French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on January 9, 2026

Here are some company news and stories that could have a significant impact on France and Benelux's markets or individual stocks. AIR FRANCE KLM has announced that 80 flights will be cancelled on Friday from and to Amsterdam Schiphol Airport due to expected snowfall in the Netherlands.

South Korea's MFG bids up to 210,000 tonnes corn, traders claim

Posted to Maritime Reporter on January 8, 2026

The South Korean Major 'Feedmill Group (MFG), a group of traders in Europe, said that the MFG has announced an international tender for up to 210,000 metric tonnes of animal feed corn. The deadline to submit price bids in the tender is January 9, 2019.

Sources: Chevron and US in negotiations for an expanded Venezuelan oil license

Posted to Maritime Reporter on January 7, 2026

Four sources said that Chevron, an oil producer in the United States, is in discussions with the U.S. Government to extend a license for its operations in Venezuela so it can sell more crude to its refineries or to other buyers. Washington and…

Sources: Chevron and US in negotiations for an expanded Venezuelan oil license

Posted to Maritime Reporter on January 7, 2026

Four sources said that oil?producer Chevron was in talks with U.S. officials to extend a license for its operations in Venezuela so it could increase crude exports into its refineries, and sell them to other buyers. Washington and Caracas are progressing in their negotiations to provide up to 50…

Russian broadcaster: US forces appear to be trying to board Venezuelan oil tanker by helicopter

Posted to Maritime Reporter on January 7, 2026

The Russian state broadcaster RT reported on Wednesday that it 'looked as if U.S. troops were attempting to board the Venezuela-linked 'oil tanker 'Marinera'?from a chopper and published an image showing a chopper hovering near ship. Could not verify immediately the?RT Report.

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