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South Korea's MFG purchased around 55,000 metric tonnes feed wheat, traders claim

Posted to Maritime Reporter on March 28, 2025

Major Feedmill Group of South Korea (MFG) bought about 55,000 metric tonnes of animal feed wheat from anywhere in the world on Friday, without holding an international tender. A consignment of goods was purchased for an estimated cost and freight (c&f)…

Bolivia is expecting five fuel cargoes to pass through Chile before April 4, YPFB reports

Posted to Maritime Reporter on March 27, 2025

The company announced on Thursday that Bolivia's energy company YPFB will receive a total five cargoes of diesel and gasoline through Chile before April 4. Three of these cargoes are expected to be imported directly from Houston. YPFB confirmed on Thursday the origin of the goods…

Turkey is considering offers for 50,000 T of durum wheat, traders report

Posted to Maritime Reporter on March 27, 2025

The traders reported that the highest price in the tender by Turkey's TMO state grain board to sell and export 50 000 metric tons durum wheat, which closed Thursday, was $315.50 per ton FOB. Viterra, a trading company, was said to be the one who made the offer of 50,000 tons.

Jordanian traders claim that the country has issued a tender for up to 120,000 T wheat.

Posted to Maritime Reporter on March 26, 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 for submitting price offers to the tender is on April 8. The traders had expected…

LNG Canada will begin cooling down its plant next week, the final step to preparing for first LNG

Posted to Maritime Reporter on March 24, 2025

On April 1, an LNG tanker will arrive in Canada to cool down the LNG Canada plant in Kitimat (British Columbia), which is considered to be the final step before production of supercooled gas begins at the plant. The delivery is scheduled for early April.

Trump will impose a 25% tariff on countries who buy oil and gas from Venezuela

Posted to Maritime Reporter on March 24, 2025

Donald Trump, the U.S. president, said Monday that any country buying oil or gas in Venezuela would be charged a 25% duty on all trades with the United States. The "secondary tariffs" will go into effect on April 2nd, Trump stated in a Truth Social posting.

Morocco, which is suffering from a severe drought, will extend the wheat import subsidy until year-end

Posted to Maritime Reporter on March 24, 2025

The Moroccan government will extend the current soft wheat subsidy program until December 31, the state grain agency ONICL announced on Monday. This means that the country, which is suffering from a drought, will have to import all year. ONICL…

Taiwan bids on approximately 100,000 T of wheat from the U.S.

Posted to Maritime Reporter on March 24, 2025

European traders reported on Monday that the Taiwan Flour Millers' Association had issued an international bid to buy an estimated 100,000 metric tonnes of grade 1 milling grain to be sourced in the United States. The deadline for submitting price offers is the 27th of March.

Spiegel reports that Germany has confiscated a tanker belonging to the Russian "shadow fleet".

Posted to Maritime Reporter on March 21, 2025

Spiegel, citing anonymous security sources, reported that Germany had confiscated an old tanker, found drifting off its northern coast, believed to be a part of the shadow fleet Russia used to circumvent oil sanction. German authorities seized the Panama-flagged vessel…

Spiegel reports that Germany has confiscated a tanker belonging to the Russian "shadow fleet".

Posted to Maritime Reporter on March 21, 2025

Spiegel, citing anonymous security sources, reported that Germany had confiscated an old tanker, found drifting off its northern coast, believed to be a part of the shadow fleet Russia used to circumvent oil sanction. German authorities seized the Panama-flagged vessel…

Jordanian traders claim that Jordan has bid to purchase 120,000 metric tonnes of feed barley.

Posted to Maritime Reporter on March 20, 2025

European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price proposals in the tender is 26 March. The traders…

ArcelorMittal South Africa has entered into discussions to delay the closure of a long-running steel plant

Posted to Maritime Reporter on March 19, 2025

ArcelorMittal South Africa announced on Wednesday that it was in discussions with the government and others parties about funding to delay the planned closing of its long-stack steel operation. After discussions with the government, the steelmaker…

Turkey announces a 1 million ton corn import quota

Posted to Maritime Reporter on March 19, 2025

The Turkish government announced on Wednesday a 1,000,000 metric ton limit for the import of animal feed corn. This was published in the Turkish Official Gazette. Imports within the quota are allowed at a lower customs duty. Last summer, Turkey…

Bangladeshi traders claim that Bangladesh will buy 50,000 T of rice at the March 11th tender.

Posted to Maritime Reporter on March 18, 2025

According to traders, Bangladesh's state grain buyer will have to purchase about 50,000 metric tonnes of rice from India as part of an international tender that closed on March 11. The lowest bid in the tender was $429.55 per ton CIF liner.

South Korea's MFG purchases about 69,000 t corn, traders claim

Posted to Maritime Reporter on March 14, 2025

European traders reported that the Major Feedmill Group of South Korea (MFG) bought approximately 69,000 metric tonnes of animal feed corn from South America or South Africa at a Friday international tender. A consignment of a shipment was purchased at a cost and freight rate (c&f)…

China Shipowners Group says US Port Fee Proposal Breaks WTO Rules, US Law

Posted to Maritime Reporter on March 13, 2025

According to a Thursday statement, the China Shipowners' Association is against a U.S. proposal that would impose hefty entry fees at ports on ocean cargo carriers who own vessels or have ordered them from China. The association says it violates both international laws and U.S. law.

Source: Argentina will tender 5-6 LNG cargoes next week to be used in winter.

Posted to Maritime Reporter on March 13, 2025

Next week, Argentina will begin a process to tender for 5-6 LNG cargoes to meet the gas demand in the coming winter of southern hemisphere. The bid process for five or six shipments will begin on March 17. Source: "The plan is to receive bids during the week of the 25th," said the source.

Tunisia purchases soft wheat worth 100,000 tonnes, traders claim

Posted to Maritime Reporter on March 13, 2025

European traders reported that Tunisia's grain agency purchased approximately 100,000 metric tonnes of soft wheat at an international tender held on Thursday. Traders said that the lowest price for 25,000 tons of 25,000 tonnes sold by Casillo was $268.67 per ton, including cost and freight.

Jordanian traders claim that the country will buy up to 120,00 metric tons of feed barley.

Posted to Maritime Reporter on March 13, 2025

European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price proposals in the tender is on March 19. Traders…

DP World's outlook is uncertain after a 28% drop in annual profits

Posted to Maritime Reporter on March 13, 2025

DP World, a Dubai owned ports and logistics firm, reported a 28% decline in annual profits on Thursday, citing increased finance costs. The company also highlighted an uncertain outlook because of "geopolitical risk" and a changing global trade landscape.

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