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January 15, 2026
The United States has taken another Venezuelan-linked tanker. Officials told the media on Thursday ahead of the meeting between U.S. president Donald Trump and Venezuelan leader Maria Corina Machado. This is the sixth vessel that has been targeted since mid December…
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January 15, 2026
European traders reported that a group of South Korean flour mills purchased?an estimated 50 000 metric tonne?of milling?wheat?from the United States on Thursday in an international auction. The purchase included a variety of wheat types, and all were purchased on a 'free on board' (FOB) basis.
Posted to Maritime Reporter
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January 15, 2026
Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.
Posted to Maritime Reporter
on
January 15, 2026
Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.
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…
Posted to Maritime Reporter
on
January 15, 2026
Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.
Posted to Maritime Reporter
on
January 14, 2026
Cargill Agri Purina, a South Korean company, purchased 68,000 metric tonnes of 'corn on Wednesday in an international tender that sought up to 140,000 tons. The estimated cost per ton was $250.89 (c&f), plus $1.50 for port unloading. The tender only sought corn from South America or South Africa.
Posted to Maritime Reporter
on
January 13, 2026
Three sources said that Venezuela's oil company has started reopening wells it and its joint-venture partners had?shut down amid a U.S. strict embargo. Crude exports have resumed with two shipments departing on Monday. Since December, the OPEC countries' oil exports have?been almost at a standstill…
Posted to Maritime Reporter
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January 13, 2026
Iran has ?released ?the Greek-owned, Marshall-Islands-flagged tanker MT St. Nikolas it seized in the Gulf of Oman in January 2024, a ?company source told on Tuesday. Source: The vessel was released on 8th January and has been at Shinas Port in Oman since 12th January with 13 crew members on board.
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January 13, 2026
Nonghyup Feed Inc., a leading South Korean animal feed manufacturer (NOFI), began buying animal 'feed corn at an international auction on Tuesday. The initial purchase was 65,000 metric tonnes. Traders said that the tender sought up to?to 207…
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on
January 13, 2026
European traders reported on Tuesday that the South Korean group Cargill agri - Purina had issued an international tender for the purchase of up to 140,000 metric tonnes of animal feed corn. Only South America and South Africa can supply it.
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January 12, 2026
According to Tanker Trackers, Iran has released the St. Nikolas tanker, which is a Greek owned Suezmax that it had seized in 2024. Iranian state media reported that Iran had seized the tanker - which was carrying Iraqi oil destined for Turkey - in revenge for the U.S.
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January 12, 2026
Maersk, a Danish shipping company, announced on Monday that one of its vessels had successfully navigated the Red Sea and Bab El-Mandeb Strait. This comes weeks after the firm tested the route in anticipation of normal shipping traffic following the Gaza ceasefire.
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January 12, 2026
LSEG shipping data revealed on Monday that two China-flagged Supertankers, which were en route to Venezuela to pick up debt paying crude cargoes amidst the U.S. embargo against?the OPEC country?had made a u-turn. They are now returning to Asia. After the U.S.
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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.
Posted to Maritime Reporter
on
January 12, 2026
Police in Spain announced on Monday that they had made the largest cocaine seizure ever on high seas. They intercepted a vessel carrying a cargo of salt concealed with almost ten metric tons of cocaine on its way from Brazil to Europe. The operation resulted in the arrest of?13 people aboard.
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January 12, 2026
Sources from the trade said that Vitol, Trafigura and refiners in India or China have begun discussions about Venezuelan crude oil sales for cargoes due to arrive in March. On 'Friday, global commodities traders confirmed that they had reached agreements with the U.S.
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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…
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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…
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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.