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Chevron's Tengiz problems hurt Kazakhstan's CPC oil exports

Posted to Maritime Reporter on February 6, 2026

Four trading sources told us that Kazakhstan's oil exports may fall as much as 35 percent this month through its main route via Russia. This is because the Tengiz oilfield, which suffered fires in January at power plants, is slowly recovering. Tengizchevroil, a consortium led by U.S.

Export boom boosts EU barley markets to ease glut

Posted to Maritime Reporter on February 6, 2026

The EU barley exports may reach a decade-high this season, as the EU is able to shift a large harvest due to the brisk demand for feed overseas and the reduced competition in the Black Sea Region. The surge in demand for European "feed" barley…

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…

Mexico's antitrust body finds lack competition in the freight rail sector

Posted to Maritime Reporter on February 6, 2026

MEXICO CITY - The Mexican antitrust commission found that there were insufficient conditions for competition in almost all of the country's freight railway system, according to a preliminary decision it issued on Thursday. * The investigation of the commission…

Shipping schedule states that a tanker from Cuba has finished loading gasoline in Venezuela.

Posted to Maritime Reporter on February 6, 2026

A shipping schedule seen by shows that an oil tanker which has been transporting Venezuelan fuel - to Cuba since April 'last year- finished 'loading this week a 150,000 barrel cargo of gasoline. This could be a sign that Venezuela is preparing to ship supplies -to the island, under U.S. oversight.

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…

Algerian traders claim that Algeria bought around 200,000 tonnes of feed barley on Tuesday.

Posted to Maritime Reporter on February 4, 2026

European traders reported on Wednesday that the Algerian state agency OAIC reportedly 'purchased' around 200,000 tonnes of?animal-feed barley in an international auction on Tuesday. The traders had reported the purchase Tuesday night but were…

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…

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…

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…

Tanger Med Port's container traffic will increase by 8% in 2025

Posted to Maritime Reporter on February 2, 2026

Tanger Med Port in Morocco said Monday that it would maintain its position as the Mediterranean's and Africa's largest port by handling 11.1 million containers by 2025. This is an increase of 8.4% from a year ago. In a press release, the port…

Venezuelan oil exports jump to 800,000 barrels per day in January under US control.

Posted to Maritime Reporter on February 2, 2026

Shipping data shows that Venezuelan oil exports jumped to a record?800,000. barrels per day in January under the control of the United States, from 498,000 barrels per days in December. This was after the capture by the U.S. of President Nicolas Maduro…

Andy Home: The surge in exports from China is a sign that the global metals market is in turmoil.

Posted to Maritime Reporter on February 2, 2026

China's net copper imports last year fell to the lowest level since 2017. They totaled 3.03 million metric tonnes. Exports grew dramatically, despite a drop in inbound shipments of only 5% compared to 2024. The largest copper buyer in the world shipped almost 800,000 tonnes.

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