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Taiwan's MFIG offers to purchase up to 65,000 metric tonnes corn

Posted to Maritime Reporter on September 20, 2024

European traders reported on Friday that Taiwan's MFIG buying group had issued an international tender for up to 65,000 metric tonnes of animal feed corn, which could be sourced in the United States, Brazil, or South Africa. They said that the…

South Korea, Japan and South Korea report that North Korea fired a missile off the east coast of its country.

Posted to Maritime Reporter on September 17, 2024

SEOUL/TOKYO (Sept. 18) - South Korea and Japan reported that North Korea launched a missile on its east coast Wednesday. This comes days after the country unveiled an uranium enrichment plant and pledged to beef up its arsenal of nuclear weapons.

Yonhap reports three dead in fishing boat capsize off South Korea

Posted to Maritime Reporter on September 16, 2024

Five people were rescued and three died when a fishing vessel capsized off the west coast of South Korea. The coast guard reported this on Monday. Yonhap reported that two South Koreans, and one Indonesian were among the dead. His office reported…

China condemns German Navy's transit through Taiwan Strait

Posted to Maritime Reporter on September 14, 2024

China's military condemned Saturday the transit of two German Navy ships through the Taiwan Strait, saying that it increased security risk and sent the "wrong signal". Chinese forces also monitored and warned vessels. China, which claims democratically-governed Taiwan as its territory…

Data shows that Russia increased LPG rail exports from China to Russia by 40% between January and August.

Posted to Maritime Reporter on September 12, 2024

Calculations based on data and industry sources showed that Russian rail exports of liquefied gas to China increased by almost 40% in the period January to August, to 184,000 tons. Russian Railways imposed restrictions to ease bottlenecks in May and early June…

The rift between China and the Philippines over South China Sea has deepened

Posted to Maritime Reporter on September 12, 2024

Under Ferdinand Marcos Jr., the relationship between Manila and Beijing has soured. Manila is now turning back to the United States for support in its maritime disputes against China. JAN 3: The Philippines and United States conduct their second joint patrol of the South China Sea…

Hanhwa, a S.Korea-based company, intends to acquire full control of Dyna-Mac in Singapore

Posted to Maritime Reporter on September 11, 2024

Hanhwa Group, a South Korean conglomerate, has offered to buy all the shares in Dyna-Mac Holdings that it does not already own. This would value the offshore oil-and-gas contractor at S$669.2million ($513.90million). Hanhwa units Hanhwa Aerospace, and Hanwha Ocean own 25,4% of Dyna-Mac.

China's crude oil imports in August fell 7% due to weak demand and margins at the refineries

Posted to Maritime Reporter on September 10, 2024

Customs data released on Tuesday showed that China's crude imports fell by 7% in August compared to the same period last year. This was due to weak refining margins, low fuel consumption, and a continued decline in demand. However, shipments have recovered from their lows.

QatarEnergy Orders Six More LNG Ships from China State Shipbuilding

Posted to Maritime Reporter on September 9, 2024

QatarEnergy announced on Monday that it had signed a contract with China State Shipbuilding Corporation for the purchase of six ultra-large vessels to transport liquefied gas. This brings its total number of such vessels on order up to 128.

FLC, a South Korean company, buys corn up to 68,000 t from the U.S.

Posted to Maritime Reporter on September 6, 2024

The Feed Leaders Committee of South Korea (FLC) bought between 66,000 and 68,000 metric tonnes of animal feed corn that was expected to come from the United States on Thursday in a late private deal without issuing a tender to international buyers, European traders reported on Friday.

"I've got you back," Taiwan's president tells warship sailors in combat readiness

Posted to Maritime Reporter on September 6, 2024

Lai Ching Te, Taiwan's president, told sailors on a warship that was ready for combat at a major naval base in the Taiwan Strait Friday that he would have their backs. He thanked them for protecting Taiwanese safety at a moment of increased tensions with Beijing.

Peter Apps: The stretched US Navy looks at risky waters in the South China Sea

Posted to Maritime Reporter on September 2, 2024

While two U.S. carrier battle groups were patrolling the Indian Ocean in an effort to prevent Iran from attacking Israel and sparking major regional conflict this week, a different military message was being sent out in a luxurious conference centre in Manila. Every year, the U.S.

China and Philippines accuse one another of ramming vessels in South China Sea

Posted to Maritime Reporter on August 31, 2024

China and the Philippines both accused the other of ramming one another's ships in a disputed part of the South China Sea, in the latest of an increasing number of clashes along this vital waterway. China's coastguard said that a Philippine…

The stretched US Navy looks to new risky waters in the South China Sea

Posted to Maritime Reporter on August 29, 2024

While two U.S. battle groups of aircraft carriers patrolled the Indian Ocean in an effort to prevent Iran from attacking Israel and sparking major regional conflict this week, a very distinct military messaging campaign was underway at a luxury conference center in Manila. Every year, the U.S.

China Coast Guard: Philippines' 'adventurous' actions could lead to incidents

Posted to Maritime Reporter on August 29, 2024

China's Coast Guard urged the Philippines to stop sending missions near a disputed shoal in South China Sea to resupply vessels, warning such "adventurous" actions could trigger unspecified incident. The statement came after a series confrontations and clashes in and around the atoll.

South Korea's FLC purchases 68,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on August 27, 2024

The Feed Leaders Committee of South Korea (FLC) bought around 68,000 metric tonnes of animal feed corn from South America on Tuesday in a private transaction without holding an international tender. The corn cost was estimated at $232.99 per ton, including freight.

South Korea's KFA buys estimated 66,000 T corn, traders say

Posted to Maritime Reporter on August 27, 2024

European traders reported that the Korea Feed Association (KFA), which is a trade association for animal feed, purchased approximately 66,000 metric tonnes of animal feed corn at an international auction on Tuesday. The corn was expected to come from South America.

Philippines calls China's South China Sea move aggressive and illegal

Posted to Maritime Reporter on August 26, 2024

After a series of incidents and clashes on the air and on the sea in the last week, the Philippine government condemned China for its "repeated aggressive and unprofessional" actions. The Philippines' National Maritime Council said Chinese aircraft…

China fines Sinograin, others for transporting cooking oils in unclean tankers

Posted to Maritime Reporter on August 26, 2024

State media reported that China fined Sinograin, a state-owned stockpiler of cooking oil, and six other firms an aggregate of 11 million yuan (1.54 million dollars) for the use of fuel tanks to transport cooking oils in a scandal which eroded trust in food safety regulations.

Taiwan's president rejects China rule on frontline island

Posted to Maritime Reporter on August 23, 2024

Taiwan's President Lai Ching-te, who was visiting the frontline island to commemorate a major battle between Chinese and Taiwanese forces, said that Taiwan rejects being controlled by China's Communist Party. China's military conducted another…

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