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Export prospects for EU wheat are clouded by a bumper Argentine harvest

Posted to Maritime Reporter on January 23, 2026

Traders and analysts claim that the European Union is having difficulty in exporting its larger wheat surplus, as a record Argentine harvest?intensifies competition, especially on top EU market Morocco. Farmers are also reluctant to sell their crops at low prices.

Minister says UK supported French operation on board sanctioned Russian vessel

Posted to Maritime Reporter on January 22, 2026

John Healey, UK Defence Minister, said that Britain had provided tracking and?monitoring?support to a French operation to a board a sanctioned Russian oil tanker to choke off?the funds which fuel Russia's incursion into Ukraine. Healey stated…

This weekend, millions of Americans can expect freezing temperatures and heavy snowfall in the central and eastern US

Posted to Maritime Reporter on January 22, 2026

The National Weather Service warned that 150 million Americans would be affected by travel disruptions, power failures and frigid temperatures on Friday and throughout the weekend as a massive storm blankets the U.S. in heavy snow and freezing rainfall from the Central Plains up to the 'East Coast.

French Navy intercepts Russian tanker in Mediterranean

Posted to Maritime Reporter on January 22, 2026

The French Navy?on Thursday intercepted in the Mediterranean a Russian oil tanker suspected of being part of 'the shadow fleet' that allows Russia to export its oil despite sanctions. This?operation was conducted... with support from several of our allies.

Taiwan's MFIG purchases about 65,000 tonnes corn from US traders, say

Posted to Maritime Reporter on January 22, 2026

Traders in Europe said that Taiwan's MFIG buying group purchased about 65,000 metric tonnes?of animal feed corn, which was expected to come from?the United States at an international auction on?Wednesday. They said that the yellow corn was bought at a premium estimated to be 190.97 U.S.

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…

Hong Kong will call 10 witnesses to the stand in a case involving Baltic Sea cable damage

Posted to Maritime Reporter on January 20, 2026

After a hearing in Hong Kong on Tuesday, the lawyer of the Chinese captain alleged that ten witnesses would be called to testify against him in a criminal?damage case. The Chinese captain is accused of damaging undersea cable in Baltic Sea.

RPT-Chinese importer buys Canadian canola, denting Australian export hopes

Posted to Maritime Reporter on January 19, 2026

Sources in the trade said that a Chinese importer purchased a cargo of Canadian Canola soon after Canadian Prime Minister Mark Carney's trip to Beijing. This could boost prospects for Canadian farmers, and undercut sales by Australia, their rival supplier.

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.

Chinese importer buys Canadian canola, denting Australian export hopes

Posted to Maritime Reporter on January 19, 2026

Sources in the trade said that a Chinese 'importer' bought a cargo Canadian canola soon after Canadian Prime Minister Mark Carney visited Beijing last week. This could boost prospects for Canadian farmers, and undercut sales of rival supplier Australia.

Sources: Chinese importer purchases first Canadian canola cargo after Carney's visit.

Posted to Maritime Reporter on January 19, 2026

Two traders with direct knowledge of the transaction said that a Chinese importer purchased a Panamax cargo of 60,000 metric tonnes of Canadian canola soon after Prime Minister Mark Carney visited Beijing last week. According to traders, the…

The fire at Tengiz Oilfield Power Station in Kazakhstan was extinguished on Sunday, according to the company.

Posted to Maritime Reporter on January 19, 2026

KazMunayGas, Kazakhstan's oil company owned by the state, said that a fire at a power station in the Chevron-led Tengiz field was put out on Sunday. The company said that the staff was evacuated and no one had been injured. It said that the fire had started at a transformer for a turbine.

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…

Algeria announces wheat import tender, traders claim

Posted to Maritime Reporter on January 17, 2026

Algeria's state grain authority OAIC?issued a?international tender?to purchase?wheat with a?deadline for offers of Monday, European traders reported on Saturday. OAIC's import tenders usually require a much higher volume than 50,000 metric tonnes, traders 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…

South Korean wheat purchases now at 92 300 tons, traders claim

Posted to Maritime Reporter on January 16, 2026

European traders reported on Friday that South Korean flour mills purchased a total of 92,300 tons of milling grain to be sourced from the United States, in a recent international tender. This is above estimates of 50,000 tonnes. The traders reported that an additional shipment of 42…

South Korean wheat purchase on Thursday is now estimated at 92 300 tons, traders claim

Posted to Maritime Reporter on January 16, 2026

European traders reported on Friday that South Korean flour mills are believed to have purchased 92,300 tons of milling wheat from the United States, in an international auction held on Thursday. This is a significant increase over previous estimates, which were 50,000 tons.

US seizes Venezuelan-linked tanker before Trump-Machado Meeting

Posted to Maritime Reporter on 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…

South Korean milling company buys around 50,000 metric tonnes wheat from US traders, say

Posted to Maritime Reporter on 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.

Bousso

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.

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