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Sunday, February 8, 2026

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EU sugar production to drop 9% next year as plantings shrink to decade-low levels

Posted to Maritime Reporter on February 6, 2026

Sugar beet planting is nearing a decade-low amid falling prices. Industry executives said this at the Dubai Sugar Conference on Thursday. Sugar consumption in Western Europe and America is decreasing due to increased taxes on sugary drinks, increasing health concerns…

Merz, a German company, heads to the Gulf region in search of new partners

Posted to Maritime Reporter on February 4, 2026

On Wednesday, German Chancellor Friedrich Merz started a tour to Saudi Arabia, Qatar and the United Arab Emirates to form energy and arms partnerships as Europe's largest and richest economy tries to reduce its dependence on the U.S. Merz, at the beginning of his three-day visit…

Turkey will import 255,000 tons of feed barley from Turkey, traders claim

Posted to Maritime Reporter on February 4, 2026

European traders reported on Wednesday that the state grain board of Turkey, TMO, had issued an "international tender" to purchase and import approximately 255,000 metric tonnes of animal feed barley. Barley is sought to be shipped between February…

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…

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…

Tankers awaiting sale of more Russian oil

Posted to Maritime Reporter on January 31, 2026

As demand for Urals crude drops and customers consider the growing risks of sanctions, traders are increasingly using tanks to store it. Calculations based on LSEG data and trade data. India and Turkey, two major importers of Russian oil, have…

Israeli media report that a US military destroyer docks in Israel's Eilat Port

Posted to Maritime Reporter on January 31, 2026

Ynet, a news website in Israel, reported that a U.S. 'Navy destroyer docked in the Israeli port Eilat on Friday. The military was cited. Tensions between Washington, D.C. and Iran are escalating. Ynet reported that the arrival of a destroyer…

Citi expects limited US and Israeli action against Iran to avoid an escalation

Posted to Maritime Reporter on January 30, 2026

Citi said that it expects U.S., Israel and other countries to take limited action against Iran over its nuclear program in the near future. This will avoid an escalatory reaction to force the country to a deal. Bank of America said that the smaller steps could include limited U.S.

ADNOC leases Singapore storage facility for the first time, according to sources

Posted to Maritime Reporter on January 29, 2026

Five market sources confirmed that the global trading arm (ADNOC) of Abu Dhabi National Oil Co is leasing fuel storage in Singapore for a 'first time. This is part of plans by the oil and gas company backed by the United Arab Emirates to increase trade volumes in Asia.

Emirates renews New Zealand's support for America's Cup defense

Posted to Maritime Reporter on January 22, 2026

Airline Emirates has renewed its partnership with New Zealand, as the team prepares to defend America's Cup at the America's Cup next year in Naples. Emirates Team New Zealand defeated Ben Ainslie’s British crew in the America’s Cup Match Final in Barcelona 2024.

Indonesia auctions off oil tankers and cargo with Iranian flag

Posted to Maritime Reporter on January 21, 2026

The Indonesian Attorney General's Office announced on Wednesday that it would auction an 'Iranian flagged supertanker' later this month. It was seized by Indonesian authorities in 2023, on suspicion of illegally transshipping crude oil. The MT Arman 114…

In January, diesel exports to Russia from Primorsk could reach a record high.

Posted to Maritime Reporter on January 20, 2026

Data from traders LSEG, and calculations revealed a Tuesday that ultra-low-sulphur-diesel loadings in the Russian 'port of Primorsk could rise by 'about one-third - from December to January and may exceed 2.2 million metric tonnes, due to higher fuel production and a seasonally -weaker demand.

Algeria purchases milling wheat at tender, traders claim

Posted to Maritime Reporter on January 19, 2026

European traders reported that Algeria's state grain agency OAIC had?purchased milling wheat at an?international?tender which?closed?Monday. Initial reports indicated that the cost of a metric tonne, including freight and other charges (c&f), was around $254.

Saudi Arabia purchases 907,000 metric tonnes of wheat at tender, traders claim

Posted to Maritime Reporter on January 19, 2026

The Saudi Arabian General Food Security Authority, the state grain agency, bought 907,000 metric tonnes of wheat at an international auction on Monday. The GFSA had issued a tender for up to 595,000 tonnes, which closed on Friday. They said…

Source: CPC oil exports fell 24% in December

Posted to Maritime Reporter on January 16, 2026

An industry source said that oil exports via the Caspian 'Pipeline' - consortium, which transports oil from Kazakhstan to a Russian terminal in the Black Sea - plummeted 24% in December following a drone strike. Sources claim that exports fell?from November to 3.98 metric tonne…

Greece plans to extend territorial waters despite Turkish warning

Posted to Maritime Reporter on January 16, 2026

George Gerapetritis, the Greek Foreign Minister, said on Friday that Greece intends to expand its territorial waters, possibly into the Aegean sea, despite Turkey’s constant threat of war if Athens were to?take this step. NATO allies but historic rivals?have lowered tensions over the past few years…

Traders say that Turkey has received offers for the 210,000 tons of barley tender.

Posted to Maritime Reporter on January 15, 2026

Initial assessments by traders indicated that the lowest price offered to?buy and?import 210,000 metric tonnes of animal feed barley from Turkey's state grainboard TMO on Thursday was just over $259 per tonne cost and freight included. Initial assessments showed that the lowest bids were $259.25…

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…

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.

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