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Tuesday, July 22, 2025

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US lawmakers back Australia submarine project in Pentagon letter

Posted to Maritime Reporter on July 22, 2025

The Republican and Democratic leaders of the U.S. Congress committee for strategic competition against China wrote to Defense Secretary Pete Hegseth in order to express their strong support for AUKUS, a submarine project that is currently being reviewed by the Pentagon.

North Korea promises to build a new navy destroyer before October 2026

Posted to Maritime Reporter on July 22, 2025

North Korean officials, shipyard workers and state media KCNA reported Tuesday that they had pledged to finish construction of a navy destroyer warship before October 10, next year. The video footage, which accompanied the news on North Korea's KRT state-run TV station…

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

Posted to Maritime Reporter on July 22, 2025

European traders reported on Tuesday that the Major Feedmill Group of South Korea (MFG) had issued a tender for up to 140.000 metric tons animal feed corn. The deadline to submit price offers is on Wednesday, July 23, 2013. The seller is free to offer a tonnage within this range.

Trump's bill allocates $8.6 Billion for US Coast Guard Icebreakers

Posted to Maritime Reporter on July 3, 2025

The massive tax and spending plan of President Donald Trump includes more than $8,6 billion for the U.S. Coast Guard's icebreaker fleet to be deployed in the Arctic where Washington hopes it can counter the rising dominance of Russia and China.

US tech CEOs are asked to respond to concerns raised by lawmakers about submarine cables

Posted to Maritime Reporter on July 21, 2025

Three Republican House members asked Alphabet, Facebook parent Meta and Amazon.com on Monday if they had adopted adequate safeguards in order to address the growing concerns about national security regarding submarine communication cables. Washington…

US wants to ban Chinese technology for undersea cables

Posted to Maritime Reporter on July 16, 2025

The Federal Communications Commission announced on Wednesday that it intends to adopt rules prohibiting companies from connecting submarine communications cables to the United States using Chinese technology or equipment. Brendan Carr, FCC chairperson…

Taiwan purchases 89,650 t of wheat from the US, traders report

Posted to Maritime Reporter on July 16, 2025

In a Wednesday tender, the Taiwan Flour Millers' Association bought an estimated 89.650 metric tonnes of milling grain to be sourced in the U.S., European traders reported. Two consignments of wheat from the U.S. Pacific Northwest Coast were purchased.

Imports from China to the busiest US port rose in June after tariffs were reduced

Posted to Maritime Reporter on July 14, 2025

The port's director announced on Monday that imports into the largest U.S. seaport, Los Angeles, rebounded in June. They finished up 10% from a year earlier and contributed to a record volume for the entire month. Last month, the Port of Los Angeles received 470,450 TEUs of cargo after the U.S.

Taiwan bids on 89,650 t of wheat with U.S. origin

Posted to Maritime Reporter on July 14, 2025

European traders reported on Monday that the Taiwan Flour Millers' Association had issued an international tender for an estimated 89.650 metric tons grade 1 milling grain to be purchased from the United States. The bidder is looking for two…

Official: US calls on South Korea to join in efforts to limit China's trade with South Korea

Posted to Maritime Reporter on July 11, 2025

A senior official of the Seoul trade ministry told reporters on Friday that the U.S. demanded South Korea to join its efforts in trade negotiations with China to limit China's influence. The countries are currently discussing cooperation in shipbuilding.

Sources say that Saudi oil exports from China will reach a two-year high this August.

Posted to Maritime Reporter on July 10, 2025

Five trade sources reported on Friday that Saudi Arabia's crude exports to China will reach their highest level in over two years this August. The top exporter is trying to regain its market share with the world's largest importer. A tally of…

South Korea's FLC purchases about 60,000 metric tonnes of soymeal

Posted to Maritime Reporter on July 10, 2025

The Feed Leaders Committee, a South Korean import group, purchased 60,000 metric tonnes of soymeal in an international auction on Thursday. Soymeal was sourced from optional origins. It is believed that the FLC purchased from Cofco, a trading house.

The Sailing-Admiral's Cup brings world's elites to Cowes

Posted to Maritime Reporter on July 10, 2025

The Admiral's Cup, which has been absent for two decades, returns to Cowes in this month. A top-tier fleet of international teams, including America's Cup veteran, Olympic medallists, and offshore specialists, will compete for the coveted trophy.

The FLC of South Korea has won a tender to purchase up to 69,000 T of corn

Posted to Maritime Reporter on July 9, 2025

European traders reported on Wednesday that the Feed Leaders Committee of South Korea (FLC) had issued an international tender for purchase between 52,000 to 69,000 metric tonnes of animal feed corn. The deadline to submit price offers for the tender is Wednesday, July 9.

Russell: Iron ore remains calm amid China uncertainties and US tariff turmoil

Posted to Maritime Reporter on July 8, 2025

In recent months, iron ore prices have remained stable despite increasing uncertainty about the future of the steel raw material. The benchmark Singapore Exchange contract closed at $95.25 per metric ton Monday. This is down from $95.89 the previous day…

Russell: Iron ore remains calm despite China's uncertainty and US tariff turmoil

Posted to Maritime Reporter on July 8, 2025

In recent months, iron ore prices have remained stable despite increasing uncertainty about the future of the steel raw material. The benchmark Singapore Exchange contract closed at $95.25 per metric ton Monday. This is down from $95.89 the previous day…

Fiji declares that the Chinese military base is not welcome in Pacific islands as they navigate between superpowers

Posted to Maritime Reporter on July 2, 2025

Fiji opposes China establishing a military base on the Pacific Islands. Prime Minister Sitiveni Rabuka stated this Wednesday. He added that China does not require such a facility to project its power as demonstrated by a recent test of an intercontinental missile.

China sanctions former Philippine Senator over maritime claims

Posted to Maritime Reporter on July 1, 2025

China barred Tolentino from entering the country on Tuesday, citing his "egregious behavior" in matters like the South China Sea dispute a day after he finished his six-year tenure. Tolentino had campaigned on his efforts last year to introduce…

South Korea's MFG purchases about 120,000 T of soymeal according to traders

Posted to Maritime Reporter on June 30, 2025

Major Feedmill Group of South Korea (MFG) bought approximately 120,000 metric tonnes of soymeal in an auction on Monday. The soymeal could have been sourced from the United States or South America, but also China, traders reported. Both consignments of 60…

South Korea's NOFI offers up to 60,000 tonnes of soymeal

Posted to Maritime Reporter on June 30, 2025

European traders reported on Monday that the leading South Korean animal feed manufacturer Nonghyup Feed Inc. (NOFI) had issued a tender for up to 60,000 tons of soymeal, sourced from South America or China. They said that the deadline for submitting price offers to the tender is also on Monday…

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