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Monday, July 14, 2025

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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…

Pakistani tenders for the purchase of 300,000-500,000 metric tons sugar

Posted to Maritime Reporter on July 11, 2025

European traders reported on Friday that Pakistan's Trading Corporation of Pakistan, a state-owned agency, had issued an international tender for the purchase and import of 300,000 metric tons to 500,000 metric tonnes of white refined sugar.

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…

The European Commission proposes a floating Russian oil price cap

Posted to Maritime Reporter on July 10, 2025

Four EU diplomats say that the European Commission will likely propose a floating Russian crude oil price cap as part of a draft new sanctions package this week in an effort to overcome the opposition of some member states. In its 18th package of sanction against Russia…

After a decline in wheat sales, Russia takes measures to boost agricultural exports

Posted to Maritime Reporter on July 10, 2025

After international wheat sales fell to their lowest levels since 2008, the Russian government has ordered measures to boost agricultural exports. Meanwhile, traders report that new crops are slow to arrive at Black Sea terminals. Sovecon estimates that July wheat exports will be between 2…

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.

Ferrero nears about $3 billion deal for WK Kellogg, WSJ reports

Posted to Maritime Reporter on July 9, 2025

The Wall Street Journal reported Wednesday that the Italian candy company behind Ferrero is close to a $3 billion deal with WK Kellogg. This was based on the reports of people familiar with this matter. After the bell, shares of WK Kellogg (the…

Bangladesh receives offers for 50,000 T of wheat

Posted to Maritime Reporter on July 9, 2025

European traders reported that the lowest price offered by Bangladesh's state grain buyer in an international bid to buy and import 50,000 tons of wheat was $268.90 per metric ton CIF, liner out. Traders said that offers are still being considered but no purchases have yet been made.

Iran's SLAL bids for 60,000 T of corn and soybean meal

Posted to Maritime Reporter on July 9, 2025

European traders reported on Wednesday that the Iranian state-owned animal food importer SLAL had issued international tenders for up to 60,000 metric tonnes of animal feed corn, and 60,000 metrictons of soymeal. They said that the deadline for submitting price offers was also Wednesday, 9 July.

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.

Iranian SLAL offers 120,000 T of feed barley to traders

Posted to Maritime Reporter on July 8, 2025

European traders reported on Tuesday that the Iranian state-owned animal feeding importer SLAL had issued an international bid to purchase at least 120,00 metric tons animal feed barley. They said that the deadline for submitting price offers to the tender is on 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…

Onuachu side sign by Super Lig, Tall Paul towers to Trabzon and back.

Posted to Maritime Reporter on July 4, 2025

Paul Onuachu, the Nigerian striker who had been on loan at Southampton for a year and a half, has now moved permanently to Trabzonspor. The Saints fans nicknamed him "Tall Paul", but the forward, who stands at 2.01 metres, never really found his feet in the Premier League.

Indonesia continues its search for missing 30 ferry passengers

Posted to Maritime Reporter on July 4, 2025

Officials said that Indonesian rescuers were battling strong currents as they resumed the search on Friday for 30 people who are still missing in the sea, about 35 hours after an Indonesian ferry sank and killed at least six people. Ribut Eko…

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.

Jordan offers to purchase up to 120,000 tonnes of wheat, traders claim

Posted to Maritime Reporter on July 3, 2025

Jordan's state grain purchaser has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline for submitting price offers is July 15, 2015. The new tender seeks to ship consignments between October 1-15 (or 16-31)…

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