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Pakistan purchases additional 50,000 tonnes of sugar through tender, traders claim

Posted to Maritime Reporter on August 14, 2025

European traders reported on Thursday that Pakistan's TCP, the state-owned trading agency, has bought another 50,000 metric tonnes of white sugar as part of an international tender for around 100,000 tons that closed this week. The total amount of the week's purchases has now reached 105…

CPC Blend exports to drop in September, traders claim

Posted to Maritime Reporter on August 14, 2025

Three trade sources have told us that Black Sea CPC blend crude oil exports in September will be just shy of 1.6m barrels a day. This is a significant drop from the 1.66 million bpd that was scheduled to be loaded in August. Two sources confirmed…

Pakistani traders claim that the country has bid to purchase 200,000 metric tonnes of sugar

Posted to Maritime Reporter on August 14, 2025

The Trading Corporation of Pakistan, a state-owned agency in Pakistan, has announced a new international bid to buy 200,000 metric tonnes of white refined sugar. The deadline to submit price offers is August 21, 2018. European traders reported…

KFA Busan, a South Korean company, bought 66,000 tonnes of corn in a private deal

Posted to Maritime Reporter on August 14, 2025

According to European traders, the Busan section (KFA) of the Korea Feed Association in South Korea bought an estimated 66,000 tons of animal feed grain from optional origins on Wednesday in a private transaction without launching an international tender.

Pakistan purchases about 55,000 tonnes of white sugar from a tender, traders claim

Posted to Maritime Reporter on August 13, 2025

European traders reported on Wednesday that Pakistan's TCP state trading agency is believed to be the purchaser of approximately 55,000 metric tonnes of white sugar during an international tender which sought up to 100,000 tons and closed this week.

UN: At least 20 migrants drown in a shipwreck near Italy's Lampedusa Island

Posted to Maritime Reporter on August 13, 2025

A United Nations agency reported and local media on Wednesday that at least 20 people were killed after a boat carrying migrants capsized near the southern Italian island Lampedusa. Ansa reported that rescuers had recovered 20 bodies and were still working.

South Korean mills purchase about 50,000 tonnes of wheat from the United States

Posted to Maritime Reporter on August 13, 2025

European traders reported that a group of South Korean mills purchased an estimated 50,000 tons of milling grain to be sourced in the United States at an international auction on Wednesday. All wheat varieties were purchased on a FOB basis.

South Korea's NOFI purchased about 68,000 tonnes of corn in a private deal

Posted to Maritime Reporter on August 13, 2025

The leading South Korean feedmaker Nonghyup Feed Inc., (NOFI), purchased approximately 68,000 metric tonnes of animal feed corn on Wednesday in a private transaction without an international bid being issued. The corn was purchased by NOFI's NH Feed unit.

Chinese fighter 'intercepts' Philippine plane over disputed shoal, Manila says

Posted to Maritime Reporter on August 13, 2025

A Chinese jet fighter "intercepted", a Philippine aircraft with journalists aboard during a patrol over the Scarborough Shoal, South China Sea on Wednesday. This comes days after two Chinese ships collided near the Scarborough Shoal while allegedly trying block a Philippine delivery mission.

South Korea's MFG purchased 133,000 tons of corn in a private deal, traders claim

Posted to Maritime Reporter on August 13, 2025

Major Feedmill Group of South Korea (MFG) bought an estimated 133,000 tons of animal feed in a private transaction on Wednesday, without issuing a tender to the international market. You can source the corn from a variety of origins around the world.

South Korea's MFG bids for around 70,000 tons corn, traders claim

Posted to Maritime Reporter on August 13, 2025

European traders reported on Wednesday that the Major Feedmill Group of South Korea (MFG) had issued an international bid to buy around 70,000 tons of animal feed. Only corn from South America and South Africa is acceptable for delivery to South Korea by December.

South Korea's FLC purchases about 65,000 tonnes of corn, traders claim

Posted to Maritime Reporter on August 13, 2025

In an international auction held on Wednesday, the Feed Leaders Committee of South Korea (FLC) bought about 65,000 metric tonnes of animal feed corn from anywhere in the world. They said that one consignment had been purchased from the trading house Mitsui for an estimated price of $226.05 per ton…

South Korea's FLC receives offers for 69,000 tons of corn, traders claim

Posted to Maritime Reporter on August 13, 2025

European traders reported that the lowest price offered in South Korea's Feed Leaders Committee's (FLC) tender on Wednesday for up to 69,000 tons of animal feed grain was $227.84 per metric ton, cost and freight included. They said that negotiations continue, and lower prices are still sought.

Jordan Issues Tender to Buy Up to 120,000 Tons of Wheat

Posted to Maritime Reporter on August 13, 2025

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling-wheat, from which the origin can be chosen, European traders reported on Wednesday. Traders had expected a new announcement after Jordan failed to purchase 120…

Vestas' Q2 performance falls short of expectations, but outlook remains unchanged

Posted to Maritime Reporter on August 13, 2025

Vestas, a manufacturer of wind turbines, reported Wednesday a lower-than-expected operating profit for its second quarter and maintained the outlook for the entire year. Vestas has reported an operating profit of 57 millions euros ($66.56) for April-June…

The FLC of South Korea has announced a tender to purchase up to 69,000 tonnes of corn

Posted to Maritime Reporter on August 13, 2025

European traders reported on Wednesday that the Feed Leaders Committee of South Korea (FLC) had issued an international tender for the purchase of 52,000-69,900 metric tons animal feed corn. The deadline to submit price offers for the tender is Wednesday…

China's military claims it 'drove off' a US destroyer near Scarborough Shoal

Posted to Maritime Reporter on August 13, 2025

China's military claimed on Wednesday that it "drove off" a U.S. ship which was sailing near the disputed Scarborough Shoal, in the busy strategic waterway of South China Sea. The Philippines had accused Chinese vessels during a supply trip…

Chevron's chartered tanker docks in Venezuela to load oil following new US license

Posted to Maritime Reporter on August 12, 2025

According to LSEG tracking information, a Chevron chartered tanker docked on Tuesday at the Jose terminal of Venezuelan state-owned company PDVSA, allowing it to become the first tanker to export crude oil to the United States using a new license Chevron obtained in July. Last month, the U.S.

After fatal helicopter crash, the Mississippi River is reopened north of St. Louis

Posted to Maritime Reporter on August 8, 2025

U.S. Coast Guard announced on Friday that the Mississippi River is now open to vessel traffic north from St. Louis. It had been closed because of a helicopter crash on Thursday which killed two people. According to the Coast Guard, the interior U.S.

Italian Sea Group shares fall 9.7% after lowering 2025 guidance due to US tariffs

Posted to Maritime Reporter on August 8, 2025

The Italian Sea Group shares fell up to 9.7% on Friday after the group lowered its revenue forecast for 2025 and core profit margins, citing U.S. trade policies that are protectionist and geopolitical tensions. In a recent statement, the luxury…

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