Marine Link
Wednesday, December 18, 2024

Maritime Blogs East Asia Transportation

Clear
East Asia
Transportation

Blogs

Tags

EU adopts new Russia Sanctions Targeting China's Shadow Fleet

Posted to Maritime Reporter on December 16, 2024

In a Monday statement, the EU Commission announced that it had adopted a fifteenth package of sanctions for Russia's invasion of Ukraine. This included tougher measures towards Chinese entities, and more vessels of Moscow's shadow fleet. The total number of vessels listed has increased by 52…

EU adopts new Russia Sanctions Targeting China's Shadow Fleet

Posted to Maritime Reporter on December 16, 2024

In a Monday statement, the EU Commission announced that it had adopted a fifteenth package of sanctions for Russia's invasion of Ukraine. This included tougher measures towards Chinese entities, and an increase in vessels from Moscow’s shadow fleet.

EU sanctions new drones, shadow fleets and Russians

Posted to Maritime Reporter on December 11, 2024

Diplomats reported that the European Union ambassadors had agreed on a 15th set of sanctions against Russia for its war in Ukraine. The package targets its shadow tanker fleet as well as Chinese companies making drones to be used by Moscow.

South Korea offers to purchase about 70,000 t of GMO-free soya beans

Posted to Maritime Reporter on November 28, 2024

Agro-Fisheries and Food Trade Corporation, a state-backed company in South Korea, has announced international tenders for the purchase of 70,000 metric tonnes of soybeans of high quality that are free from genetically modified organisms (GMOs), European trader said on Thursday.

EU to add Chinese tankers and firms to Russia sanctions list

Posted to Maritime Reporter on November 26, 2024

EU diplomats have said that European Union envoys are set to discuss on Wednesday a 15th sanctions package in response to Russia’s invasion of Ukraine in 2022, including those affecting tankers transporting Russian oil, and Chinese companies involved in the manufacture of drones for Moscow.

South Korea's FLC purchases 65,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on November 26, 2024

The Feed Leaders Committee of South Korea (FLC) bought around 65,000 tons of animal feed in a private transaction on Monday, without launching an international tender. European traders confirmed this on Tuesday. The United States and South America were expected to supply the product.

Sources say that Rongsheng Petchem, a Chinese company, will buy heavy oil in February from Canada and Ecuador.

Posted to Maritime Reporter on November 22, 2024

According to sources in the trade, Rongsheng Petrochemical purchased 2.65 million barrels (or 98.4 million gallons) of heavy crude oil for delivery in February from the Americas. Sources said that the three Canadian crude cargoes, each of which is 550…

Rains flood Mississippi River; US soy exports at 4-year-high

Posted to Maritime Reporter on November 26, 2024

Government data shows that exporters shipped soybeans at their fastest rate in four years from the busiest U.S. grain port after rain increased water levels in Mississippi River. The Mississippi River is the most important grain waterway in the United States.

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

Posted to Maritime Reporter on November 26, 2024

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 Tuesday. Two consignments of corn were purchased.

South Korea's MFG purchased around 65,000 feed grains from the U.S.

Posted to Maritime Reporter on November 14, 2024

Major Feedmill Group, a South Korean company, purchased approximately 65,000 metric tonnes of animal feed wheat from the United States on Wednesday in a deal that was not subject to an international tender. A consignment of a shipment was purchased for an estimated $261.74 per ton c&f…

South Korea's MFG purchases 60,000 metric tonnes soymeal from traders

Posted to Maritime Reporter on November 13, 2024

Major Feedmill Group of South Korea (MFG) bought about 60,000 tons of soymeal on Wednesday in a private transaction, without an international tender. The estimated cost and freight per ton was $373.42, including the surcharge for port unloading. Trading house Olam was thought to be the seller.

South Korea's NOFI purchases about 60,000 T of soymeal from traders

Posted to Maritime Reporter on November 13, 2024

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc. purchased approximately 60,000 metric tonnes of soymeal at an international auction on Wednesday. The estimated price was $379.49 per ton, cost and freight included.

LSEG data shows that India and Saudi Arabia were the top two buyers of Russian VGO fuel oil and VGO in October.

Posted to Maritime Reporter on November 11, 2024

LSEG data and traders' reports show that India and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports in October decreased by 3% compared to September.

ADNOC L&S signs contracts for 23 supertankers worth $4.4bn, according to the state news agency

Posted to Maritime Reporter on November 7, 2024

ADNOC Logistics & Services has signed contracts for $4.4 billion in order to build 23 supertankers that will transport ethane and ammonia, as well as liquefied gas. This was reported by the UAE state news agency on Thursday. ADNOC CEO Abdulkareem Al Masabi stated that the company…

South Korean feedmaker purchased 66,000 T of corn in private transaction, traders claim

Posted to Maritime Reporter on November 4, 2024

European traders reported on Monday that Cargill Agri Purina, a South Korean feedmaker, is believed to be the buyer of approximately 66,000 metric tonnes of animal feed corn on Friday in a private transaction without issuing a tender. Optionally…

South Korea's KFA Busan purchased 70,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on November 1, 2024

According to European traders, the Korea Feed Association's (KFA) Busan Section in South Korea bought an estimated 70,000 tons of animal feed grain from South America or South Africa on Thursday in a deal that was not subjected to an international tender.

South Korea bids to purchase? The traders estimate 101,000 T of rice

Posted to Maritime Reporter on October 30, 2024

European traders reported on Wednesday that the state-backed Agro Fisheries & Food Trade Corporation of South Korea has launched an international tender for an estimated 101,000 tons of rice. The deadline to submit price offers is November 7.

South Korea's NOFI buys estimated 136,000 T corn, traders say

Posted to Maritime Reporter on October 29, 2024

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 136,000 metric tonnes of animal feed corn, which could be sourced from either the United States, South America…

KFA, South Korea's KFA, bought 65,000 t corn from the U.S.

Posted to Maritime Reporter on October 21, 2024

According to European traders, the Korea Feed Association in South Korea purchased approximately 65,000 metric tonnes of animal feed corn that was expected to come from the United States on Friday in a private transaction without issuing a tender.

LSEG data shows that China and Saudi Arabia were the top two buyers of Russian fuel in September.

Posted to Maritime Reporter on October 17, 2024

LSEG data and traders' reports on Thursday showed that China and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports rose 2% in August to 4.2 million metric tonnes.

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week