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South Korea's MFG bids to purchase 120,000 tons of soymeal

Posted to Maritime Reporter on September 24, 2025

European traders reported on Wednesday that South Korea's Major Feedmill Group has announced an international tender for the purchase of up to 120,00 metric tons soymeal. The deadline to submit price offers for the tender is Wednesday, September 24, as well.

South Korea's FLC purchased 60,000 tons of soymeal privately, traders claim.

Posted to Maritime Reporter on September 24, 2025

The Feed Leaders Committee of South Korea (FLC) bought about 60,000 tons of soymeal on Tuesday in a private transaction without holding an international tender. They said that the soymeal would be imported from the United States, or South America.

House panel asks Rubio for Philippines funding to counter China threats

Posted to Maritime Reporter on September 24, 2025

According to a letter sent to Secretary of States Marco Rubio by the U.S. House Committee on China, Washington has been urged to provide funding to the Philippines in order to counter Beijing's aggressive and destabilizing actions in the South China Sea.

Singapore's Seatrium sells Texas shipyard to Turkey’s Karpowership at $51 million

Posted to Maritime Reporter on September 23, 2025

Seatrium Limited, a Singapore-based company, announced on Tuesday that it had reached an agreement to sell the "surplus" AmFELS Yard Shipbuilding Facility in Texas to Karpowership. The price is $50.67million. AmFELS Yard in Brownsville builds…

Sources say that Chevron's Venezuelan oil exports have been halved since the new US authorization.

Posted to Maritime Reporter on September 23, 2025

According to three sources familiar with the situation, the U.S. oil giant Chevron can only export half of the crude produced by its Venezuelan joint ventures under the new rules set forth by Washington. The Treasury Department issued a limited…

China purchases Argentine soya beans after tax cut, leaving US farmers behind

Posted to Maritime Reporter on September 23, 2025

Three traders reported that Chinese buyers had purchased at least 10 loads of Argentine soya beans after Buenos Aires abolished grain export taxes. This is a further blow to U.S. soybean farmers who are already unable to access their largest market due low prices and have been shut out.

Algeria purchases milling wheat at tender, traders claim

Posted to Maritime Reporter on September 23, 2025

European traders reported that Algeria's state grain agency OAIC bought milling wheat at an international auction that ended on Tuesday. They said that the initial cost of a metric tonne, including freight and costs, was $259, 260, and 261.

Turkey will buy 255,000 tonnes of feed barley from traders, they say

Posted to Maritime Reporter on September 23, 2025

European traders reported on Tuesday that the Turkish state grain board TMO had issued an international tender for the purchase and import of about 255,000 tons of animal feed barley. The deadline to submit price offers for the tender is 30 September.

China purchases Argentine soya beans after the tax cut, leaving US farmers behind

Posted to Maritime Reporter on September 23, 2025

Three traders reported that Chinese buyers had purchased at least 10 loads of Argentine soya beans after Buenos Aires abolished grain export taxes. This is a further blow to U.S. soybean farmers who are already unable to access their largest market due low prices and have been shut out.

Jordan purchases approximately 60,000 metric tonnes of wheat at tender, traders claim

Posted to Maritime Reporter on September 23, 2025

In an international auction held on Tuesday, Jordan's state grain buyer bought about 60,000 metric tonnes of hard milling whey from optional origins. They said that it was estimated to have been purchased from Al Dahra for $266.00 per ton, including freight (c&f)…

Bangladesh to purchase 50,000 metric tonnes of rice, traders claim

Posted to Maritime Reporter on September 23, 2025

European traders reported on Tuesday that Bangladesh's state grain buyer had issued an international bid to purchase 50,000 tons of rice. The deadline for submitting price offers is October 6, 2016. The tender is seeking offers for non-basmati rice parboiled in CIF terms (ship unloading charges)…

House panel asks Rubio for Philippines funding to counter China threats

Posted to Maritime Reporter on September 23, 2025

According to a letter sent to Secretary of States Marco Rubio by the U.S. House Committee on China, Washington has been urged to provide funding to the Philippines in order to counter Beijing's aggressive and destabilising activities in the South China Sea.

Pakistan receives offers for 100,000 metric tons of sugar, traders claim

Posted to Maritime Reporter on September 23, 2025

Initial assessments by European traders indicated that the lowest price in the international bid from Pakistan for 100,000 metric tons white sugar was $534.75 per metric ton, including freight and cost. They said that the offers in the tender…

Top diplomats in the US, South Korea and Japan express concern about Taiwan Strait

Posted to Maritime Reporter on September 22, 2025

In a statement released after their Monday meeting, the foreign ministers from South Korea and Japan as well as the United States expressed concerns about destabilising actions that are occurring more frequently around Taiwan. In a statement…

Paris wheat drops as Argentina suspends export taxes

Posted to Maritime Reporter on September 22, 2025

The price of European wheat dropped to contract lows again on Monday, as the suspension of export taxes by Argentina raised the prospect of increased competition in an oversupplied global market. The December wheat contract on Euronext closed at 189.25 Euros ($223.09 per metric ton)…

Paris wheat drops as Argentina suspends export taxes

Posted to Maritime Reporter on September 22, 2025

The price of European wheat dropped to near-contract lows on Sunday, as the suspension of export taxes by Argentina raised the prospect of increased competition in an oversupplied global market. At 1543 GMT on Euronext, December wheat was down 0.6% to 189.50 Euros ($223.12) a metric ton.

South Korea's MFG purchases 63,000 tons of soymeal from traders

Posted to Maritime Reporter on September 22, 2025

Major Feedmill Group of South Korea purchased 63,000 metric tonnes of soymeal from South America on Monday in a private transaction without an international tender, European traders reported. If the seller chooses to supply Chinese or American soymeal, only 50,000 tonnes are required.

South Korea bids for estimated 157,000 tons rice

Posted to Maritime Reporter on September 22, 2025

Agro-Fisheries and Food Trade Corporation, a state-owned company in South Korea, has announced an international tender for the purchase of 157,000 metric tonnes of rice from China and America. The deadline for submitting price offers is September 30, according to European traders.

Germany wins first SailGP on Lake Geneva

Posted to Maritime Reporter on September 21, 2025

The SailGP Team from Germany finally won their first event on Sunday at the Switzerland Sail Grand Prix, in light winds that made the waters of Lake Geneva barely cooperate with the high-tech race machines. In Sunday's high stakes final, Germany won the podium ahead Australia and Switzerland.

Algeria offers to purchase soft milling wheat in the amount of 50,000 tonnes, traders claim

Posted to Maritime Reporter on September 21, 2025

European traders reported on Sunday that Algeria's OAIC, the state grain agency of Algeria, has launched an international tender for soft milling wheat sourced from origins other than Algeria. Algeria usually buys more than the nominal amount sought in its tenders.