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Brazil's Prio receives license to operate Wahoo's oil field's undersea pipelines

Posted to Maritime Reporter on September 15, 2025

Brazilian oil company Prio received an installation licence from Brazil's environment agency Ibama for hooking up wells in its Wahoo fields to its offshore production platforms, the company announced on Monday. The company said that it expected…

South Korea's MFG again tenders for up to 70,000 tonnes corn

Posted to Maritime Reporter on September 11, 2025

Major Feedmill Group of South Korea (MFG) issued a tender for the purchase of up to 70,000 tons animal feed corn. European traders announced this on Thursday. A consignment of between 55,000 and 70,000 tons is required to arrive in South Korea by January 10.

China purchases Argentine soya beans after the tax cut, leaving US farmers behind

Posted to Maritime Reporter on September 23, 2025

Three traders reported that Chinese buyers had purchased at least 10 loads of Argentine soya beans after Buenos Aires abolished grain export taxes. This is a further blow to U.S. soybean farmers who are already unable to access their largest market due low prices and have been shut out.

Bousso: Oil traders get a headache from blind spots in the market.

Posted to Maritime Reporter on September 18, 2025

Geopolitics is causing oil markets to become more blind, making it difficult to accurately determine the supply-demand balance on the largest and most important commodity exchange in the world. This is a recipe for instability. There is little…

Maduro claims that the US is seeking to change Venezuela's regime with its naval buildup

Posted to Maritime Reporter on September 1, 2025

Venezuelan President Nicolas Maduro stated in a rare Monday press conference that the United States was seeking to change his government through a naval deployment. In recent weeks, tensions between the United States of America and Venezuela have increased amid a massive U.S.

Sources: China increases soybean purchases from Argentina and Uruguay amid US Trade War

Posted to Maritime Reporter on August 29, 2025

According to two sources, China's importers of soybeans are increasing their purchases from Argentina and Uruguay in the coming year to make up for the lack of U.S. shipments due to the ongoing trade war between Washington and Beijing. Sources…

South Korea's MFG bids for 60,000 tons of soymeal

Posted to Maritime Reporter on August 28, 2025

Major Feedmill Group in South Korea (MFG) issued a tender for up to 60,000 tons of soymeal. European traders confirmed this on Thursday. The deadline to submit price offers for the tender is Thursday, 28 August. A consignment weighing between 40…

Bild reports that Rheinmetall wants to buy German shipbuilder NVL.

Posted to Maritime Reporter on August 27, 2025

Bild, citing sources in the industry, reported Wednesday that Rheinmetall, a defence group, wants to buy German shipbuilder Naval Vessels Luerssen. Bild reports that the Luerssen family who owns the shipbuilder plan to divest their military shipyards located in Hamburg…

Singapore's Keppel claims $53 million from Seatrium in a corruption case involving Brazil

Posted to Maritime Reporter on August 26, 2025

Singapore's Keppel initiated arbitration proceedings on Tuesday against the local shipbuilder Seatrium over a S$68.4million ($53.33million) claim relating to a Brazilian corruption crackdown. Seatrium made a provision of S$82.4m in 2022 to pay Keppel for claims relating to Operation Car Wash…

Guyana's crude oil production was almost the same at 664,000 barrels per day in July

Posted to Maritime Reporter on August 21, 2025

The government announced in a Thursday bulletin that the oil output in Guyana remained almost the same last month, at 664,000 barrels of crude per day. This led to an annual average of 643,000 barrels of crude per day in the first seven-month period of this year.

US resumes Venezuelan oil imports under new license granted to Chevron

Posted to Maritime Reporter on August 21, 2025

Data from vessel tracking showed that two tankers chartered and carrying Venezuelan crude arrived in U.S. water on Thursday. This was the first time the U.S. imported Venezuelan oil after Washington granted a new permit. Last month, the U.S.

Brazil's Petrobras plans to increase production at three FPSOs

Posted to Maritime Reporter on August 18, 2025

Sylvia dos Anjos said that the Brazilian state-run Petrobras wants to increase production on three offshore floating production platforms it operates. Anjos stated that the production at the Almirante-Tamandare FPSO of the company in Buzios could be increased from 225…

Brazil is out of the Germany Sail Grand Prix following a high-speed crash during practice

Posted to Maritime Reporter on August 15, 2025

Brazil won't be competing in this weekend's Germany Sail Grand Prix after its F50 foiling catamaran was damaged during Friday practice, while France is racing against the clock to repair their F50 following both vessels colliding in Sassnitz.

Chevron's first two Venezuelan oil cargoes after obtaining a license are now on their way to the US

Posted to Maritime Reporter on August 15, 2025

Data from vessel monitoring showed that the first two cargoes, of Venezuelan crude oil, exported by the energy giant Chevron following its renewed authorization to operate in Venezuela last month had departed for the United States. Chevron was granted a new license by the U.S.

South Korea's MFG bids for around 70,000 tons corn, traders claim

Posted to Maritime Reporter on August 13, 2025

European traders reported on Wednesday that the Major Feedmill Group of South Korea (MFG) had issued an international bid to buy around 70,000 tons of animal feed. Only corn from South America and South Africa is acceptable for delivery to South Korea by December.

The FLC of South Korea has announced a tender to purchase up to 69,000 tonnes of corn

Posted to Maritime Reporter on August 13, 2025

European traders reported on Wednesday that the Feed Leaders Committee of South Korea (FLC) had issued an international tender for the purchase of 52,000-69,900 metric tons animal feed corn. The deadline to submit price offers for the tender is Wednesday…

Chevron's chartered tanker docks in Venezuela to load oil following new US license

Posted to Maritime Reporter on August 12, 2025

According to LSEG tracking information, a Chevron chartered tanker docked on Tuesday at the Jose terminal of Venezuelan state-owned company PDVSA, allowing it to become the first tanker to export crude oil to the United States using a new license Chevron obtained in July. Last month, the U.S.

Shipping data shows that Chevron chartered tankers are returning to Venezuela following the US licensing.

Posted to Maritime Reporter on August 7, 2025

According to sources and shipping data, at least three vessels used by oil major Chevron to transport Venezuelan crude into the U.S. sailed toward the South American nation's waters Thursday. Exports are expected to resume in the coming months following the issuance of a new U.S. licence.

South Korea's MFG purchases around 68,000 T of corn, traders claim

Posted to Maritime Reporter on August 6, 2025

European traders reported that South Korea's Major Feedmill Group, or MFG, purchased approximately 68,000 metric tonnes of animal feed corn at an international auction on Wednesday. The group was looking for up to 140,000 metric tons only from South America and South Africa.

South Korea's MFG bids up to 140,000 t corn, traders claim

Posted to Maritime Reporter on August 5, 2025

European traders reported on Tuesday that the Major Feedmill Group of South Korea (MFG) had issued a tender for up to 140.000 metric tons animal feed corn. Only corn from South America and South Africa is acceptable. The deadline to submit price offers is on Wednesday, 6 August.

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