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China calls on EU to stop investigation of Chinese wind turbine manufacturer

Posted to Maritime Reporter on February 4, 2026

China vowed to defend 'its companies' rights and interests after the European Union opened a?investigation?" into Chinese wind power company Goldwind Science & Technology. Goldwind could have received foreign subsidies that gave it unfair advantages in Europe…

15 migrants killed after boat collides off the coast of Chios with a Greek Coast Guard vessel

Posted to Maritime Reporter on February 4, 2026

The?coastguard said that 15 migrants were killed after their boat collided and capsized with a Greek coast guard vessel in the Aegean sea late Tuesday. It was one of the most deadly migrant shipwrecks to occur in Greece for years. In a press release…

South Korea's KFA purchased about 65,000 tonnes of corn, traders claim

Posted to Maritime Reporter on February 4, 2026

According to European traders, the Busan section of South Korea's Korea Feed Association (KFA) purchased around 65,000 metric tonnes of animal feed corn on Tuesday in a private transaction without issuing a tender. The corn can be purchased from the United States…

US refiners struggle with sudden surge of Venezuelan oil imports

Posted to Maritime Reporter on February 4, 2026

According to traders and shipping data, oil refiners in the U.S. Gulf Coast struggle to absorb the rapid increase of Venezuelan crude since last month's $2 billion deal between Caracas & Washington. This has pushed up prices and left some volumes unsold.

CK Hutchison initiates arbitration against Panama Canal Ports Contract ruling

Posted to Maritime Reporter on February 4, 2026

Hong Kong's CK Hutchison announced on Wednesday that its Panama Ports Company has begun international arbitration proceedings against Panama, after the country’s top court annulled their licences to run two Panama?Canal port. This case could take many years to resolve.

US refiners struggle with sudden surge of Venezuelan oil imports

Posted to Maritime Reporter on February 4, 2026

According to traders and shipping information, oil refiners in the U.S. Gulf Coast struggle to absorb an influx of Venezuelan crude since last month's $2 billion deal, which was a "flagship" agreement between Washington and Caracas. This has pushed up prices and left some volumes unsold.

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…

Shell sells 20% stake to Kuwaiti firm in offshore Brazil Orca Project

Posted to Maritime Reporter on February 4, 2026

Shell announced on Tuesday that it has agreed to'sell' a 20% stake of its Orca offshore Brazil project to Kuwait Foreign Petroleum Exploration Company. Shell said it will retain a 50% stake in the project and continue to be the operator. It…

South Korea's NOFI purchases approximately 134,000 tons of corn in tender, traders claim

Posted to Maritime Reporter on February 4, 2026

Nonghyup Feed Inc., the leading South Korean animal food maker (NOFI), bought an estimated 134,000 metric tonnes of animal feed corn on Tuesday in a?international bid that sought up to 207,000 metric tons. Traders said that two consignments each of up to 67…

The UK's naval chief has said that the investment of Russia in Northern Fleet is not diminishing.

Posted to Maritime Reporter on February 4, 2026

The British Navy's top naval commander said that despite the conflict in Ukraine lasting a few more years, Russia's investment into its Northern Fleet has not diminished. He added that Western powers were tested by Moscow's "aggressive" posture.

South Korea's NOFI purchases approximately 134,000 tons of corn in tender, traders claim

Posted to Maritime Reporter on February 4, 2026

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought an estimated 134,000 tons of 'animal feed corn' in a?international?tender on Tuesday. The tender sought up to 207 tons. According to traders…

South Korea's NOFI offers to purchase up to 207,000 metric tonnes corn

Posted to Maritime Reporter on February 4, 2026

European traders reported on Tuesday that the leading South Korean feedmaker Nonghyup Feed Inc., (NOFI), has issued an international bid to purchase up to?to 207,00 metric tons animal feed corn. The deadline to submit?price?offers in the tender also falls on Tuesday, February 3.

Bousso

Posted to Maritime Reporter on February 4, 2026

The hard economic reality of oil will sabotage President Donald Trump's efforts to funnel U.S. crude oil and Venezuelan crude into India, as part of an overall trade agreement. Details of the deal were announced by President Trump and Indian Prime Minister Narendra Modi on Monday…

Bousso

Posted to Maritime Reporter on February 2, 2026

The hard economic reality of oil will sabotage President Donald Trump's efforts to funnel U.S. crude oil and Venezuelan crude into India, as part of an overall trade agreement. Details of the deal, which was announced by President Trump and…

Japan's test mission to retrieve rare earth mud from the deep seabed

Posted to Maritime Reporter on February 2, 2026

The Japanese government announced on Monday that they had successfully recovered rare-earth rich seabed mud from depths as deep as 6 km (4miles) during a test mission. A Japanese drill ship left?on? January 12 for remote Minamitori Island in order to explore rare earth-rich mud deposit.

The Asian fuel market is affected by the record January fuel oil exports of Kuwait's Al-Zour refinery.

Posted to Maritime Reporter on February 2, 2026

Ship-tracking data showed that Kuwait's Al-Zour refinery increased fuel oil exports to record levels in January after recovering from an outage. Most of the cargoes were bound for Southeast Asia. Analysts and traders said that the surge in Kuwaiti supply…

Malaysia seizes crude oil worth $129.9 Million from tankers suspected to be illegally transferring oil

Posted to Maritime Reporter on February 2, 2026

The Malaysian Maritime Enforcement Agency announced on Saturday that two tankers suspected of illegal'ship-to ship oil transfers' were detained last week and that more than 512 million ringgit (US$129.9m) of crude oil was seized. This occurred 24 nautical miles west from Muka Head in Penang.

Malaysia seizes crude oil worth $129.9 Million from tankers suspected to be illegally transferring oil

Posted to Maritime Reporter on February 1, 2026

The Malaysian Maritime Enforcement Agency announced on Saturday that two tankers suspected of illegal transfers of oil between ships were detained, and a total of?more than 512,000,000 ringgit ($129.9M) worth of 'crude oil was seized last week 24 nautical miles west of Muka Head in Penang.

After procedural issues are resolved, the US SEC fraud against Gautam Adani can move forward.

Posted to Maritime Reporter on January 31, 2026

The U.S. Securities and Exchange Commission arranged for Gautam Adani to be served with a civil lawsuit alleging fraud, allowing the regulator's case against India’s second richest person to continue. In a Friday filing in Brooklyn, New York…

Court rules that contract with Hong Kong port operator violates Panama constitution

Posted to Maritime Reporter on January 31, 2026

The Panama Supreme Court ruled that a 'contract' held by a Hong Kong-based company to operate the ports of the Panama Canal was in violation of the Panama Constitution and did not serve the public interest. The court released its decision on Friday, but did not explain the reasoning behind it.

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