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April 14, 2025
The German finance ministry announced on Monday that a German court would consider a request for the release of an oil tanker believed to be a part of Russia's so-called "shadow fleet" used to circumvent oil sanction. In January, the Panama…
Posted to Maritime Reporter
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April 11, 2025
Two sources familiar with the situation said that at least two vessels chartered by Chevron to transport Venezuelan crude are stranded in Venezuelan waters because the state oil company PDVSA canceled their export authorizations following the U.S.
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April 10, 2025
Three sources familiar with the decision confirmed on Thursday that Venezuela's PDVSA, Venezuela's national oil company, has cancelled several authorizations granted to Chevron by PDVSA to load and export Venezuelan crude oil in this month.
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April 10, 2025
Alaa Farouk, Egypt's Agriculture Minister, said late Wednesday that Egypt expects to harvest ten million tonnes of wheat in 2018, up from nine million in 2023. This is due to improved crop yields, and ambitious land reclamation initiatives.
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April 10, 2025
The Feed Leaders Committee of South Korea (FLC) purchased around 65,000 tons of animal feed grain expected to come from the United States, in a private transaction late last week. This was done without launching an international tender. They…
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April 9, 2025
Volkswagen has said that uncertainty over tariffs imposed by President Donald Trump in the United States was one of the reasons for its operating results falling to 2.8 billion euro ($3.07 billion), from 4.6 billion dollars, last year. The results…
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April 9, 2025
The Energy Information Administration reported on Wednesday that U.S. crude stockpiles increased last week, as imports rose and exports dropped to their lowest level since January. Meanwhile, gasoline and distillate stocks decreased. The EIA…
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April 9, 2025
The European Union's counter-tariffs against U.S. products, which will be implemented next week, are expected to stop a large amount of U.S. grain from reaching Europe and increase costs for buyers who want to find alternative sources of feed grain.
Posted to Maritime Reporter
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April 9, 2025
Two U.S. Senators, both from the Democratic and Republican parties, introduced legislation on Wednesday that establishes a Fund to enforce sanctions against Russia's so-called "ghost fleet" of oil tankers it relies on in order to avoid Western sanctions due to its war with Ukraine.
Posted to Maritime Reporter
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April 9, 2025
European traders reported that Jordan's state grain purchaser purchased approximately 60,000 metric tonnes of animal feed barley on Wednesday in an international bid seeking up to 120,00 tons. The trading house Olam was reported to have purchased…
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April 9, 2025
Sources and shipping data indicate that China will receive approximately 3 million metric tonnes of U.S. soya beans in April-May. This is despite the new tariffs on American goods, which are set to choke off China's biggest U.S. import. Four…
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April 9, 2025
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from any origin, European traders reported on Wednesday. The deadline for submitting price offers to the tender is April 15th.
Posted to Maritime Reporter
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April 7, 2025
Two sources reported on Monday that the Black Sea CPC blend oil exports were reduced to 1.6 millions barrels per day (or 6.2 million tons) from 1.7million bpd as outlined in the preliminary plan. Caspian Pipeline Consortium exports Kazakhstan's and Russia's crude oil via the Black Sea.
Posted to Maritime Reporter
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April 7, 2025
European traders reported on Monday that the state-backed Agro Fisheries & Food Trade Corporation of South Korea has published international tenders for the purchase of about 80,000 tons metric tonnages (tonnages) rice. The deadline for submitting price offers to tenders is April 15, 2019.
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April 3, 2025
According to European traders, the Korea Feed Association in South Korea purchased approximately 65,000 metric tonnes of animal feed corn on Thursday in a private transaction without launching an international tender. You can get corn from anywhere in the world.
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April 3, 2025
Singapore, Asia's oil hub, is expected to receive more fuel from Nigeria's Dangote Refinery in April. This follows a spike in arrivals last month. Sources said that the refinery offered to export additional residual fuel in its most recent tender, which was held this week.
Posted to Maritime Reporter
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April 2, 2025
The Wall Street Journal reported that Volkswagen would introduce an "import charge" on affected vehicles by the 25% tariffs levied by U.S. president Donald Trump. Reports citing an internal memo sent to retailers said that the German automaker had temporarily stopped rail shipments from Mexico…
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April 2, 2025
The Kremlin confirmed on Wednesday that a visit by Kirill Dmitriev - the investment envoy of Russian President Vladimir Putin - to the United States to meet with Donald Trump's officials is possible. However, it declined to provide any additional details.
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April 2, 2025
The Federal Maritime Authority announced on Wednesday that wind farms near the German coast in northern Germany have been requested to install radar equipment to improve surveillance of drones and ships. The Russian invasion of Ukraine, which…
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March 31, 2025
The Caspian Pipeline Consortium, which exports Kazakhstan and Russia's crude oil via the Black Sea to Europe, announced Monday that two of the terminal's three moorings points had been halted. CPC, which transports about 1% world oil and is a major route for Kazakhstan oil exports…
