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Saturday, December 20, 2025

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South Korean milling groups bought around 50,000 tons wheat from US traders, traders claim

Posted to Maritime Reporter on December 19, 2025

European traders reported on Friday that a South Korean flour'mill group' purchased an estimated 50,000 tons of milling wheat this week to be sourced from the United States. This purchase is in addition to the 20,800 tons U.S. origin wheat purchased by another South Korean milling company this week.

Sources say that Venezuela has authorized the departure of two supertankers loaded with oil, but not sanctioned by Venezuela.

Posted to Maritime Reporter on December 18, 2025

According to two sources familiarized with Venezuela's oil-export operations, Venezuela approved on Thursday the departure of two very large crude carriers (VLCC). This would be just the second and third supertankers since last week, when a ship carrying Venezuelan oil was seized by U.S.

New York Times Business News - December 18,

Posted to Maritime Reporter on December 18, 2025

These are the most popular stories from the New York Times' business pages. These?stories have not been?verified and we cannot vouch for the accuracy of these stories. The United States has approved the sale of $11.1 billion worth of arms to Taiwan. This is the largest U.S.

South Korean submarine contractors jailed for leaking information

Posted to Maritime Reporter on December 17, 2025

According to a ruling that was reviewed by the. According to the ruling, on Tuesday, the Masan Branch Changwon District Court sent to prison the chief executive officer of a South Korean contractor for two and a quarter years and sentenced two employees from another firm to one and a quarter years.

South Korea's MFG begins buying corn at tender, traders claim

Posted to Maritime Reporter on December 17, 2025

South?Korean Major?Feedmill Group?has begun buying corn at an international auction on Wednesday, with initial purchases of 136,000 metric tonnes. According to traders, the tender is for up to 210,000 tons. Therefore, more purchases are possible.

China claims that the Philippines has distorted facts regarding an incident near a disputed atoll

Posted to Maritime Reporter on December 17, 2025

China's defense ministry accused the Philippines of?distorting?the truth about a?incident that involved?the Chinese Coast Guard and Filipino fishermen near an South China Sea Shoal. It defended Chinese action as "reasonable" and "lawful". Manila's…

South Korean submarine contractors jailed for leaking information

Posted to Maritime Reporter on December 17, 2025

A South Korean court has found two contractors who worked on Taiwan's sub programme guilty of leaking torpedo-launching system designs. The ruling called the case a "diplomatic burden" that could be placed on?Seoul. According to the ruling, on Tuesday…

South Korean milling group purchases about 20,800 tonnes of wheat from US traders, say

Posted to Maritime Reporter on December 17, 2025

European traders reported that a South Korean flour mill group purchased an estimated 20,800 metric tonnes of?milling?wheat to be sourced by the U.S. at an international auction on Wednesday. The purchase included several different types of?wheat and all were purchased on a FOB basis.

South Korea's MFG bids up to 210,000 tonnes corn, traders claim

Posted to Maritime Reporter on December 17, 2025

Major Feedmill Group in South Korea (MFG) issued a tender to purchase animal feed corn up to 210 000 metric tons, European traders reported on Wednesday. Three consignments ranging from 55,000 to 75,000 tons of corn are expected in South Korea between March and April 2026.

Kawasaki Heavy CEO: Japan's military buildup will propel defence sales over forecast.

Posted to Maritime Reporter on December 17, 2025

The accelerating Japanese defence spending is likely to boost Kawasaki Heavy Industries' sales in the upcoming years above their projections, said its CEO on Wednesday, as contractors profit from an unprecedented military buildup. Sanae Takaichi…

Taiwan: Chinese aircraft carrier sails through Taiwan Strait

Posted to Maritime Reporter on December 16, 2025

Taiwan's defence ministry reported that China's most advanced and newest aircraft carrier, the Fujian sailed across the Taiwan Strait Tuesday. It was its first transit through the waterway since it officially entered service last month. Taiwan…

Oil rises by over 1% after Trump blocks oil tankers from entering or leaving Venezuela

Posted to Maritime Reporter on December 16, 2025

U.S. crude oil futures jumped more than 1% on Wednesday after U.S. President Donald Trump ordered "a total and complete" blockade against all sanctioned tankers that enter or leave Venezuela. U.S. Crude Futures rose 1.3% or 72 cents to $55.99 as of 0022 GMT.

Philippines denounces China’s 'dangerous and inhumane' actions towards Filipino fishermen

Posted to Maritime Reporter on December 15, 2025

Gilberto Teodoro, Philippine Defense Secretary, denounced on Tuesday what he called "dangerous" & "inhumane' actions of Chinese maritime forces towards Filipino fishermen in a disputed South China Sea Shoal last week. Manila's Coast Guard said…

Philippines: China damaged boats and injured fishermen in South China Sea

Posted to Maritime Reporter on December 13, 2025

On Saturday, the Philippine Coast Guard said that two fishing boats suffered "significant" damage and three Filipino fishermen were 'wounded' when Chinese coast -guard ships fired water cannon on a disputed South China Sea shoal. Manila's Coast Guard said that on Friday…

Australia approves Hanwha’s greater stake in Austal, but with strict conditions

Posted to Maritime Reporter on December 12, 2025

Australia announced on Friday that it would not oppose Hanwha's proposal to nearly double the stake of Austal in Australia, but there will be strict conditions regarding data access and security. Treasurer Jim Chalmers stated that the decision…

Taiwan's MFIG purchases about 65,000 tonnes corn from US traders, say

Posted to Maritime Reporter on December 11, 2025

European traders reported that Taiwan's MFIG buying group purchased about 65,000 metric tonnes?of animal feeding corn, which was expected to come from?the United States?in an international tender?on a Thursday. They said that the yellow corn was bought at a premium estimated to be 202.79 U.S.

Hanwha of South Korea and Vatn, a US-based defense startup, will build underwater drones

Posted to Maritime Reporter on December 10, 2025

The South Korean shipping giant Hanwha Group and U.S. defense start-up Vatn Systems have teamed up to develop autonomous underwater drones (AUU) for the U.S. Navy. This is the latest bilateral effort by the two companies to counter China's expanding naval presence.

US supports Japan in dispute with China regarding radar incident

Posted to Maritime Reporter on December 10, 2025

In the midst of escalating tensions, the United States criticised China for the first-time?for pointing radars at Japanese aircraft during a last week training exercise. The incident near Japan's Okinawa Islands comes after Japanese PM Sanae Takaichi…

Descartes Systems reports that US container imports dropped 7.8% in November due to a slump in China's demand.

Posted to Maritime Reporter on December 9, 2025

According to a supply chain technology company, Descartes Systems Group, U.S. containers imports dropped 7.8% from November of last year due to a soft 'demand for goods coming from China' and one fewer day in the 'Thanksgiving holiday month.

South Korea's KFA purchases approximately 132,000 tons of corn, traders claim

Posted to Maritime Reporter on December 9, 2025

European traders reported that the Korea Feed Association in South Korea purchased an estimated 132,000 tons of animal feed corn at a?international auction on Tuesday, which sought up to 136,000 tonnes. The KFA Incheon Section purchased it in two consignments.