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South Korea's FLC offers to purchase up to 69,000 tonnes of corn, traders claim

Posted to Maritime Reporter on May 21, 2026

Three European traders reported on Thursday that the Feed Leaders Committee of South Korea (FLC) has issued an international?tender for a purchase of up to 69,000 tons animal feed corn. The deadline to submit price?offers for the tender is Thursday, May 21.

South Korea's NOFI bids for 65,000 feed wheat and 138,000 tons of corn

Posted to Maritime Reporter on May 19, 2026

European traders reported that Nonghyup Feed Inc., a South Korean feedmaker, has announced an international tender for the purchase of?upto 138,000 metric tonnes of animal feed corn and 65,000 tons feed wheat. The deadline for submitting price offers is Tuesday, May 19th.

Bousso: The petrodollar is put to the test by opaque oil deals around Hormuz

Posted to Maritime Reporter on May 18, 2026

The U.S.-dominated global oil trade system is under pressure from the Iran War and the closing of the Strait of Hormuz as governments in major consumer nations make increasingly opaque deals to secure supplies with Gulf and Tehran producers.

South Korea's KFA Busan will buy up to 69,000 tonnes of corn, traders claim

Posted to Maritime Reporter on May 15, 2026

The Korea Feed Association Busan Section has issued an international tender to purchase up to 69,000 metric tonnes of animal feed corn from optional origins. They said that the tender will also close on May 15th. The corn was to arrive in South Korea by August 30. If you are sourcing from the U.S.

Cuba considers US aid offer of $100m but is wary about Trump's motives. Blockade

Posted to Maritime Reporter on May 14, 2026

Cuba said on Thursday that it would consider a U.S. offer of $100 million for humanitarian aid, but expressed doubts about the intentions of President Donald Trump at a time when an oil 'blockade' by the U.S. on Cuba has crippled its public services.

India says that safe and unimpeded maritime flow is vital to global economic prosperity

Posted to Maritime Reporter on May 14, 2026

Subrahmanyam?Jaishankar, the Indian Foreign Minister, said that unimpeded maritime flow through international waters including the Strait of Hormuz is vital for global economic well-being. Jaishankar spoke?at?the beginning of a two day meeting of BRICS Foreign Ministers in New Delhi.

Australia wins Bermuda SailGP and extends championship lead

Posted to Maritime Reporter on May 10, 2026

Bonds Flying Roos from Australia won the Bermuda SailGP on Sunday. They beat Spain's Los Gallos, and Germany by Deutsche Bank to clinch their third win of the 2026 'SailGP' season. Tom Slingsby led the?Australian Team to victory in the Great…

Australia and Spain are tied for the lead after the first day of Bermuda SailGP

Posted to Maritime Reporter on May 9, 2026

The Bermuda SailGP is the fifth round of the 2026 season. The U.S. SailGP Team finished third with 28 points. Australia and Spain tied on 32 after racing on the Great Sound in 'SailGPs fourth visit to Bermuda. Germany by Deutsche Bank is tied with Canada's NorthStar on 25. Taylor Canfield’s U.S.

South Korea's NOFI purchases 136,000 tons corn at tender, traders claim

Posted to Maritime Reporter on May 8, 2026

According to European traders, the leading South Korean animal feed manufacturer?Nonghyup Feed Inc. (NOFI) purchased an estimated 136,000 metric tonnes of animal feed corn in a 'international tender that sought up to 207,000 tons. The corn was bought in two consignments totaling 68,000 tons.

After the Mideast disruption, Asia receives its first Mexican fuel oil shipment in 9 months.

Posted to Maritime Reporter on 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…

Algerian traders report that 390,000-420,000 tons of milling wheat will be purchased by Algeria in a tender.

Posted to Maritime Reporter on 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…

Trump broke OPEC. He may regret it: Bousso

Posted to Maritime Reporter on May 5, 2026

OPEC has been weakened more than anyone could have imagined just a few months ago by the military actions of U.S. president Donald Trump in Venezuela and Iran. White House may see this as a big win, but ultimately it could hurt both the U.S. energy markets and the U.S.

Trump broke OPEC. He may regret it: Bousso

Posted to Maritime Reporter on May 5, 2026

OPEC has been weakened more than anyone could have imagined just a few months ago by the military actions of U.S. president Donald Trump in Venezuela and Iran. White House may see this as a big win, but ultimately it could hurt both the U.S. energy market and the U.S.

South Korea's KFA purchased up to 67,000 tonnes of corn, traders claim

Posted to Maritime Reporter on May 4, 2026

According to European traders, the Incheon section of the Korea Feed Association in South Korea bought?upto 67,000 metric tons of animal feed corn on Wednesday in a private transaction without issuing a tender. It was reported that the KFA's Incheon Section…

Venezuelan oil exports reach highest level since 2018 with increased sales to US and India

Posted to Maritime Reporter on May 1, 2026

Venezuela's oil exports grew 14% in April to 1,23 million barrels per day, the highest level in over seven years. This was fueled by increased sales to India, Europe and the United States. Shipping data and documents provided by state-owned PDVSA were released on Friday.

ICE May raw-sugar delivery totals 483,643 metric tonnes, according to exchange

Posted to Maritime Reporter on May 1, 2026

According to a Friday notice, deliveries of 'raw sugar' at the expiration date of the May contract on ICE totaled 9,520 lots or 483,643 metric tonne, the majority of which will be loaded in Brazil. ICE reported that the ports of Santos and Paranagua in Brazil will load 365.272 tons…

Bousso

Posted to Maritime Reporter on April 28, 2026

The United Arab Emirates decision to leave OPEC is likely to have a dramatic impact on the producer group, which has been around for 65 years. It will also open the door to a price war when Gulf producers rush to regain their market share after the Iran conflict ends.

Bousso

Posted to Maritime Reporter on April 23, 2026

In the past decade, we have seen a rapid succession global energy crises, fueled by conflict, extreme weather and supply chain snarls. The highly fragmented oil and gas market of today is becoming more interconnected, and as the transition to a low-carbon economy accelerates…

Document says that Italy's ENI loaded Venezuelan heavy oil cargo bound to Europe.

Posted to Maritime Reporter on April 14, 2026

This week, oil and gas 'producer ENI?finished loading the first cargo of Venezuelan heavy?crude to reach Spain in nearly two years. Since Caracas and Washington agreed on a landmark supply deal in January, trading?houses such as Trafigura, Vitol…

Australia dominates Rio to take SailGP leaderboard

Posted to Maritime Reporter on April 12, 2026

Bonds FlyingRoos, the three-time SailGP champions from Australia, took the SailGP lead after a dominating weekend in Brazil. They won all four races on Sunday in Rio de Janeiro. Tom Slingsby led the Australian team in Guanabara Bay, in front of the Sugarloaf Mountain…

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