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South Korea's FLC purchased about 65,000 T of feed wheat, traders claim

Posted to Maritime Reporter on July 12, 2024

The Feed Leaders Committee of South Korea (FLC) purchased approximately 65,000 metric tonnes of animal feed wheat late Thursday in a private transaction without issuing a tender to the international market, European traders reported. Wheat was estimated to have cost $264.80 per ton, c&f.

US, Canada and Finland launch efforts to build icebreaking ships while China and Russia collaborate in Arctic

Posted to Maritime Reporter on July 11, 2024

A senior U.S. official announced that the U.S. will be forming a consortium with Canada and Finland to build icebreakers. This move is intended to boost shipbuilding among allies and to counter Russia and China's increasing influence in strategic polar regions.

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

Posted to Maritime Reporter on July 11, 2024

Major Feedmill Group in South Korea (MFG) issued a tender for the purchase of up to 140.000 metric tons animal feed corn, which must be purchased from South America or South Africa alone, European traders reported on Thursday. The deadline to submit price bids in the tender is on Friday, July 12th.

Japan navy destroyer enters China waters near Taiwan, sparking Beijing concerns, says Japanese media

Posted to Maritime Reporter on July 11, 2024

Japanese media reported that a Japanese destroyer entered China's territorial water near Taiwan without informing Beijing. This sparked "serious concern" from Beijing. Kyodo News Agency, citing diplomatic sources, reported that the destroyer…

South Korean mills purchase 90 000 T of wheat from the U.S. and Canada

Posted to Maritime Reporter on July 10, 2024

European traders reported that a group of South Korean mills purchased an estimated 90,000.00 metric tons milling wheat from the United States of America and Canada on Wednesday in an international auction. They said that the purchase included 50…

China's Coast Guard says it 'allowed the Philippines' to evacuate a sick person from S.China Sea

Posted to Maritime Reporter on July 9, 2024

China's coastguard said that it "allowed" for humanitarian reasons the Philippines to evacuate an individual who fell ill aboard a rusting ship beached at the Second Thomas Shoal, located in waters claimed jointly by the two countries. In a late-Tuesday statement…

Philippine Coast Guard: China anchors "monster ship" in South China Sea

Posted to Maritime Reporter on July 6, 2024

The Philippine Coast Guard said that China's biggest coastguard vessel had anchored in Manila’s exclusive economic zones (EEZs) in the South China Sea and was meant to intimidate their smaller Asian neighbor. A PCG spokesperson, Jay Tarriela…

Sakhalin-2 will suspend oil production for planned maintenance at the end of June or early July, according to sources

Posted to Maritime Reporter on July 3, 2024

Two sources familiar with the operations of the company said that Russia's Sakhalin-2 Project has been suspending its oil production since June due to planned maintenance and repairs on its LNG plant. Sources claim that the maintenance of the…

Taiwan says China seizes fishing boat near Chinese coast

Posted to Maritime Reporter on July 2, 2024

The Taiwan Coast Guard said that Chinese officials boarded a Taiwanese boat and then took it into a Chinese port. This was a further increase in tensions. China considers democratically governed Taiwan its territory. Since President Lai Ching…

Italy seizes Chinese military drones bound for Libya

Posted to Maritime Reporter on July 2, 2024

Italian customs and police said that they intercepted two Chinese military drones disguised as wind-turbine equipment and bound for Libya. A joint statement stated that the drones had been disassembled and were hidden in six containers in the port of Gioia Tauro, in the southern region Calabria.