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South Korea's KFA purchased 65,000 T of corn, traders claim

Posted to Maritime Reporter on March 13, 2025

According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed grain from worldwide sources in a private transaction late on Wednesday night without holding an international tender. The…

The outlook for record Chinese soybean imports in the second quarter may ease supply constraints

Posted to Maritime Reporter on March 13, 2025

Analysts and traders said that China will receive record soybean imports during the second quarter after delays in Brazilian shipments, and slow customs clearances, caused a shortage of supply, forcing several processors into a halt. According to a five-firm average…

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

Posted to Maritime Reporter on March 12, 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 optional origins. The deadline to submit price proposals in the tender is 18 March. Traders had expected a new announcement after Jordan failed to purchase 120…

Officials in Sri Lanka welcome Adani's investment opportunities

Posted to Maritime Reporter on March 11, 2025

The spokesperson for the Sri Lankan cabinet said that the country has not changed its position on doing business in India with the Adani Group, and it welcomes any investment opportunities offered by the conglomerate. U.S. prosecutors indicted…

Russell: Crude oil battle for market share may start in Asia

Posted to Maritime Reporter on March 11, 2025

Saudi Arabia and Russia, the top crude oil exporters in Asia, are boosting their cargoes for the region that is world's largest importer. China, which is the largest oil importer in the world, has emerged as the ground zero of the two exporters…

Ferretti, the Italian yacht manufacturer, is looking to acquire a new boat this year

Posted to Maritime Reporter on March 10, 2025

Ferretti, the Italian yacht manufacturer, plans to acquire a company or asset this year. The Chief Executive did not specify whether it would be a brand name, a yard, or something else. Alberto Galassi, CEO of the company, told journalists that there were three files.

South Korea wants to clear up any "misunderstanding" with the US regarding tariff rates

Posted to Maritime Reporter on March 10, 2025

South Korea's acting President on Monday instructed authorities to communicate actively with the U.S. Administration to resolve any misunderstandings over tariffs. This comes after U.S. president Donald Trump singled out South Korea recently for applying high tariffs.

IOM reports over 180 missing people after capsized boats off Yemen

Posted to Maritime Reporter on March 7, 2025

The International Organisation for Migration reported that more than 180 migrants were missing and believed to be dead after the two boats in which they were traveling capsized on rough seas near Yemen, Thursday. IOM reported that the boats…

Data shows that Russia's fuel oil exports by sea fell in February.

Posted to Maritime Reporter on March 7, 2025

Trade and shipping data revealed that Russia's seaborne vacuum gasoil and fuel oil exports fell 15% from the previous months to around 3.3 millions metric tons in February due to lower production and weather conditions, including storms, delays and drone attacks.

Wall Street Journal, March 7, 2019

Posted to Maritime Reporter on March 7, 2025

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. SpaceX's Starship rocket exploded in the space on Thursday, just minutes after it lifted off from Texas. The FAA halted air traffic in some parts of Florida.

Russia sentences a man to 15 years in prison for spying on Ukraine's navy

Posted to Maritime Reporter on March 6, 2025

A Russian military court sentenced a man Thursday to 15-years in prison for spying on the Russian navy on behalf Ukraine. Dmitry Levin was found guilty by the office of Russia’s prosecutor general of high treason, and of being a member of a terrorist group.

US crude exports in India reached a 2-year high in February as Russia sanctions bite

Posted to Maritime Reporter on March 6, 2025

Ship tracking data revealed that U.S. crude oil exports to India reached their highest level in two years last month, as refiners sought alternatives to Russian tankers and producers after the U.S. tightened sanctions. Kpler's ship tracking data showed that the U.S.

Trump's executive order will strengthen U.S. Shipbuilding in the face of China's dominance

Posted to Maritime Reporter on March 5, 2025

Donald Trump, the U.S. president, is currently drafting a draft executive order to resuscitate domestic shipbuilding while reducing China's dominance of the global ocean transportation industry which handles over 80% global trade. The draft fact sheet…

The Royal Navy of the UK monitors the latest Russian warship to sail through Channel

Posted to Maritime Reporter on March 5, 2025

The Royal Navy of Britain said Wednesday that it had monitored a Russian merchant ship and a warship this week as they traveled through the English Channel to the North Sea. The Royal Navy stated that HMS Somerset "watched each move" while Russia's…

Trump creates office for shipbuilding and offers tax incentives

Posted to Maritime Reporter on March 5, 2025

On Tuesday, U.S. president Donald Trump informed Congress that his administration would create a shipbuilding office in the White House as well as offer new tax incentives to the sector. In a late-night address on Tuesday, Trump announced that…

China monitors Philippine supply run to grounded military ship on disputed Shoal

Posted to Maritime Reporter on March 4, 2025

The Chinese coastguard said on Wednesday that it had monitored a Philippine civil boat on Tuesday delivering daily supplies to the "illegally anchored" warship on the Second Thomas Shoal. China and the Philippines both claim the territory, and they often clash in the surrounding waters.

US aircraft carrier visits South Korea to show force against North Korea

Posted to Maritime Reporter on March 3, 2025

South Korea's Navy said that the USS Carl Vinson aircraft carrier arrived in Busan, a southern port city in South Korea, on Sunday to make a display of force against North Korea. The first U.S. Aircraft Carrier to dock in a South Korean Port since the second term of U.S.

South Korea's Industry Minister seeks exemption from Trump tariffs

Posted to Maritime Reporter on February 28, 2025

Seoul's Industry Ministry said that the South Korean industry minister asked for a tariff exemption during talks with U.S. officials, while Washington is moving forward with plans to implement new tariffs. Ahn Duk Geun met with U.S. Trade Representative Jamieson Greer, U.S.

South Korea's NOFI buys estimated 133,000 T corn, traders say

Posted to Maritime Reporter on February 27, 2025

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 133,000 metric tonnes of animal feed corn at an international auction on Thursday. Two consignments of corn were purchased for South Korea, both in May and in June.

South Korea's NOFI buys estimated 133,000 T corn, traders say

Posted to Maritime Reporter on February 27, 2025

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 133,000 metric tonnes of animal feed corn at an international auction on Thursday. Two consignments of corn were purchased for South Korea, both in May and in June.

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