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Singapore's Temasek has undergone many changes in the last two decades

Posted to Maritime Reporter on August 28, 2025

Singapore's Temasek, the state-owned investment company in Singapore, announced a major restructuring of its operations on Thursday. This is one of the biggest structural changes it has seen in its 51 year history. STRUCTURAL CHANGES In 2011…

HD Hyundai Heavy, a South Korean shipbuilder, merges with HD Hyundai Mipo

Posted to Maritime Reporter on August 27, 2025

HD Hyundai Heavy Industries of South Korea, the largest shipbuilder in the world, announced on Wednesday its intention to merge with HD Hyundai Mipo, as it aims for a larger share of the U.S. market. The company stated that it hopes to lead U.S.

Singapore's Keppel claims $53 million from Seatrium in a corruption case involving Brazil

Posted to Maritime Reporter on August 26, 2025

Singapore's Keppel initiated arbitration proceedings on Tuesday against the local shipbuilder Seatrium over a S$68.4million ($53.33million) claim relating to a Brazilian corruption crackdown. Seatrium made a provision of S$82.4m in 2022 to pay Keppel for claims relating to Operation Car Wash…

Panama Ports will discuss port sale with Panama Government

Posted to Maritime Reporter on August 1, 2025

Panama Ports Company said that on Friday it would communicate with the Panama Government at the appropriate time regarding the sale of two important ports it operates near to the Panama Canal. Hong Kong's CK Hutchison owns 90% of PPC. The company…

KFA Incheon, a South Korean company, bought corn worth up to 67,000 t in a private deal.

Posted to Maritime Reporter on July 23, 2025

Incheon, the South Korean section of Korea Feed Association (KFA), purchased up to 67,000 tons of animal feed grain to be sourced in optional origins on Wednesday in a deal that was done privately without announcing an international tender.

South Korea's KFA purchased up to 62,000 t corn in a private deal, traders claim

Posted to Maritime Reporter on July 23, 2025

According to European traders, the Korea Feed Association in South Korea bought up to 62,000 tons of animal feed grain from around the world in a private transaction on Tuesday. There was no international tender. The KFA Busan section is believed…

South Korea's MFG purchases up to 140,000 T of corn, traders claim

Posted to Maritime Reporter on July 23, 2025

European traders reported that the Major Feedmill Group of South Korea (MFG) purchased up to 140.000 metric tons animal feed corn at an international auction on Wednesday. The two consignments, each weighing between 65,000 and 70,000 tonnes, were purchased from the trading house CHS.

South Korea's MFG purchases around 140,000 T of corn, traders claim

Posted to Maritime Reporter on July 23, 2025

European traders reported that the Major Feedmill Group of South Korea (MFG) purchased approximately 140,000 metric tonnes of animal feed corn at an international auction on Wednesday. Initial confusion arose over the exact volume purchased. The two consignments were both purchased from CHS.

South Korea's MFG bids up to 140,000 t corn, traders claim

Posted to Maritime Reporter on July 22, 2025

European traders reported on Tuesday that the Major Feedmill Group of South Korea (MFG) had issued a tender for up to 140.000 metric tons animal feed corn. The deadline to submit price offers is on Wednesday, July 23, 2013. The seller is free to offer a tonnage within this range.

South Korea's FLC purchases about 60,000 metric tonnes of soymeal

Posted to Maritime Reporter on July 10, 2025

The Feed Leaders Committee, a South Korean import group, purchased 60,000 metric tonnes of soymeal in an international auction on Thursday. Soymeal was sourced from optional origins. It is believed that the FLC purchased from Cofco, a trading house.

Bangladesh receives offers for 50,000 T of wheat

Posted to Maritime Reporter on July 9, 2025

European traders reported that the lowest price offered by Bangladesh's state grain buyer in an international bid to buy and import 50,000 tons of wheat was $268.90 per metric ton CIF, liner out. Traders said that offers are still being considered but no purchases have yet been made.

Jordan offers to purchase up to 120,000 tonnes of wheat, traders claim

Posted to Maritime Reporter on July 3, 2025

Jordan's state grain purchaser 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 is July 15, 2015. The new tender seeks to ship consignments between October 1-15 (or 16-31)…

Jordan does not purchase 120,000 T of barley, traders claim

Posted to Maritime Reporter on July 2, 2025

European traders claim that Jordan's state grain purchaser is not believed to have purchased any barley in the international tender for animal feed barley, which closed on Tuesday. Traders said that three companies participated in the bid: Viterra Olam and Agrocorp.

Jordan purchases 60,000 metric tonnes wheat in tender, traders claim

Posted to Maritime Reporter on July 1, 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 Bulgarian Trading House Buildcom…

South Korea's MFG purchases about 120,000 T of soymeal according to traders

Posted to Maritime Reporter on June 30, 2025

Major Feedmill Group of South Korea (MFG) bought approximately 120,000 metric tonnes of soymeal in an auction on Monday. The soymeal could have been sourced from the United States or South America, but also China, traders reported. Both consignments of 60…

South Korea's NOFI offers up to 60,000 tonnes of soymeal

Posted to Maritime Reporter on June 30, 2025

European traders reported on Monday that the leading South Korean animal feed manufacturer Nonghyup Feed Inc. (NOFI) had issued a tender for up to 60,000 tons of soymeal, sourced from South America or China. They said that the deadline for submitting price offers to the tender is also on Monday…

Jordan offers to purchase up to 120,000 tonnes of wheat, traders claim

Posted to Maritime Reporter on June 30, 2025

Jordan's national grain buyer issued an international bid to purchase up to 120,000 tons of milling, wheat that can come from any origin, European traders reported on Monday. The deadline to submit price offers for the tender is Tuesday July 1.

South Korean mills purchased 32,000 T of wheat from the US

Posted to Maritime Reporter on June 27, 2025

On Friday, European traders reported that a group of South Korean mills purchased an estimated 32,000 tons of milling grain to be imported from the United States. This purchase included several wheat varieties and all were purchased on a FOB…

South Korea's MFG purchases approximately 266,000 metric tonnes of corn, traders claim

Posted to Maritime Reporter on June 25, 2025

European traders reported that the Major Feedmill Group (or MFG) of South Korea purchased approximately 266,000 metric tonnes of animal feed corn at an international auction on Wednesday. Four consignments were purchased for South Korea's arrival in September and October.

Sources say that the Middle East war insurance rates are rising due to escalating tensions in Hormuz

Posted to Maritime Reporter on June 23, 2025

Insurance sources reported on Monday that war risk insurance rates for shipments into the Middle East Gulf region have increased to 0.5%, up from 0.2-0.3% one week earlier. This is due to U.S. strikes on Iran's nucleus facilities and the growing dangers to the Strait of Hormuz.