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September 30, 2025
According to Tuesday's slides, TKMS, a defence division that will be spun off from German conglomerate Thyssenkrupp in the near future, has a payout rate of 30 to 50 percent of its net profit. It also plans to pay out its first dividends to shareholders by 2027.
Posted to Maritime Reporter
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September 29, 2025
Ambrey, a British maritime security company, reported on Monday an attack against a general cargo ship flying the Dutch flag 120 nautical miles south-east of Yemen's port of Aden. The United Kingdom Maritime Trade Operations said also that military authorities had reported that a ship…
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September 26, 2025
Lockheed Martin announced on Friday that its subsidiary Sikorsky has won a contract worth nearly $11 billion from the U.S. Navy for up to 99 CH53K King Stallion helicopters. The defense company stated that this is the largest aircraft order ever.
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September 26, 2025
Data released by the Mexican state company Pemex late Thursday night showed that it exported 500,203 barrels of crude oil per day (bpd), a drop of 32% compared to last year, despite its refineries processing slightly more. Pemex is trying to…
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September 26, 2025
Two traders said that around 40 Argentinean soybean cargoes had been registered for export during the export tax suspension this week, most of which were headed to China. These purchases directly impacted the U.S. prime marketing season. The two Asian traders reported on Friday that a total of 2…
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September 26, 2025
A trading executive who has direct knowledge of this deal confirmed that the Asian trading firm Cathay Petroleum had agreed to an annual marketing deal for Brazilian crude oil throughout the Asia-Pacific region on behalf of independent producer Prio.
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September 25, 2025
LSEG data show that a vessel will arrive in the French port of Dunkirk, north of France, on Sunday, to load approximately 60,000 metric tonnes of wheat for Egypt. This confirms a part of a previous purchase by Egypt's grain buyer. Last month…
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September 25, 2025
Nonghyup Feed Inc., a leading South Korean animal feed manufacturer (NOFI), purchased around 60,000 tons of soymeal on Wednesday in a private transaction without launching an international tender. The estimated price was $338.50 per ton with cost and freight included.
Posted to Maritime Reporter
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September 25, 2025
Guido Crosetto, the Italian Defence Minister, announced on Thursday that Italy had sent a second navy vessel to support an international aid flotilla which was attacked by drones while attempting to deliver aid into Gaza. About 50 civilian boats are part of the Global Sumud Flotilla…
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September 24, 2025
Orsted, a Danish company, announced on Wednesday that it has resumed construction on an offshore wind project in the United States after a federal court ruled on Monday that it can restart the project while the Trump Administration's legal case against the project is still ongoing. The U.S.
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September 24, 2025
Spain's Pedro Sanchez, Prime Minister of Spain, said that he would join Italy to send a warship to guard an international flotilla attempting to deliver aid to Gaza following its attack by drones near Greece. Sanchez said at a New York press conference where he was attending the UN General Assembly…
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September 24, 2025
Euronext wheat rose for a second time on Wednesday. The move was boosted by an Algerian large purchase, and the news of a Russian drone attack on its main Black Sea port, which rekindled concerns about war. The December wheat futures on Euronext’s Paris-based market were up 0.4% at 1436 GMT…
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September 24, 2025
According to a U.N. Trade and Development Agency report released on Wednesday, the shipping industry is experiencing significant volatility due to rising geopolitical tensions and disruptions brought about by a wave new tariffs. UNCTAD's maritime…
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September 24, 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. The deadline to submit price proposals in the tender is 30 September.
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September 24, 2025
European traders reported on Wednesday that Algeria's state grain agency OAIC purchased approximately 600,000 metric tonnes of milling wheat at an international auction on Tuesday. Some estimates put the number at 700,000-720,000 tons. This compares to the traders' estimates of mainly between 500…
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September 24, 2025
European traders reported that Major Feedmill Group of South Korea (MFG) bought approximately 120,000 metric tonnes of soymeal at an international auction on Wednesday. Two consignments of 60,000 tons were purchased to be sourced either from South America or the United States, or China.
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September 24, 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.
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September 24, 2025
Traders said that Chinese importers continued to purchase Argentine soya beans at a rapid pace after the South American supplier temporarily reduced its export taxes, allowing it to compete with other suppliers. These purchases are eroding the U.S.'s market share…
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September 24, 2025
European traders reported on Wednesday that the Syrian state grain agency was believed to not have purchased any milling wheat in an international bid for 200,000 metric tonnes of milling flour which ended on September 15. The traders said that in the past, offers were still under consideration.
Posted to Maritime Reporter
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September 24, 2025
European traders reported on Wednesday that Algeria's state grain agency OAIC purchased approximately 600,000 metric tonnes of milling wheat at an international auction on Tuesday. Estimates of the purchase ranged up to 690 000 tons. The trader estimates were mostly between 500…
