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Oil trader 2Rivers, formerly Coral Energy, begins dissolution process

Posted to Maritime Reporter on August 6, 2025

The company announced on Wednesday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has begun the formal dissolution process following the sanctions imposed by Britain and the European Union. The company said it took the decision with great regret…

Thailand is believed to have passed a 60,000 T feed-wheat tender, traders claim

Posted to Maritime Reporter on August 6, 2025

Initial assessments by European traders indicate that a group of Thai importers rejected all bids and did not purchase any animal feed wheat in a recent international tender which ended on Wednesday. Prices were considered to be too high. The…

Jordanian traders report that the country has issued a tender for up to 120,000 tons of wheat.

Posted to Maritime Reporter on August 6, 2025

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from a variety or origins. European traders confirmed this on Wednesday. The deadline to submit price proposals in the tender is 12 August.

South Korea's MFG purchases around 68,000 T of corn, traders claim

Posted to Maritime Reporter on August 6, 2025

European traders reported that South Korea's Major Feedmill Group, or MFG, purchased approximately 68,000 metric tonnes of animal feed corn at an international auction on Wednesday. The group was looking for up to 140,000 metric tons only from South America and South Africa.

South Korea's MFG purchases around 68,000 T of corn, traders claim

Posted to Maritime Reporter on August 6, 2025

European traders reported that South Korea's Major Feedmill Group, or MFG, purchased approximately 68,000 metric tonnes of animal feed corn at an international auction on Wednesday. The group was looking for up to 140,000 metric tons only from South America and South Africa.

South Korea's MFG purchases 65,000 T of feed wheat from the United States

Posted to Maritime Reporter on August 5, 2025

Major Feedmill Group, a South Korean company, purchased 65,000 metric tonnes of animal feed wheat from the United States on Tuesday in a deal that was not subject to an international tender. A consignment of goods was purchased for an estimated…

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

Posted to Maritime Reporter on August 5, 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. Only corn from South America and South Africa is acceptable. The deadline to submit price offers is on Wednesday, 6 August.

Sugar traders claim that Pakistan has bid to buy 100,000 metric tonnes of sugar

Posted to Maritime Reporter on August 4, 2025

European traders reported on Monday that the Trading Corporation of Pakistan, Pakistan's state-owned agency, had issued a tender for 100,000 metric tonnes of white refined sugar. The deadline to submit price offers is August 11th. Traders said…

Two people are killed in a collision between a bus and a train in Russia's Leningrad Region

Posted to Maritime Reporter on August 4, 2025

The regional railway administration reported on Monday that at least two people died and 10 were injured in a collision between a bus and a freight rail in the Russian region of Leningrad. The railway administration in Leningrad, northwest Russia…

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…

Turkey buys feed barley at tender, seeking 225,000 T, traders claim

Posted to Maritime Reporter on July 31, 2025

The Turkish state grain board TMO began buying animal feed barley on Thursday in an international auction. Initially, about 25,000 metric tonnes were purchased by the TMO. The tender was for a total of 225,000 metric tonnes and it is expected that more will be bought later on Thursday.

Traders say that Pakistan has received offers for 100,000 tons of white sugar in the tender.

Posted to Maritime Reporter on July 31, 2025

Initial assessments by European traders indicated that the lowest price in the international bid to purchase 100,000 metric tons (c&f) of white refined sugar was $539.00 per metric ton. They said that offers from the Trading Corporation of Pakistan state agency (TCP) are still being considered…

Traders say that Turkey has received offers for 225,000 tons of barley purchased through a tender.

Posted to Maritime Reporter on July 31, 2025

Initial assessments by traders indicated that the lowest price offered during the first round of tendering from Turkey's TMO state grain board to purchase and import 225,000 metric tons animal feed barley was $234.90 per ton c&f. They said that no purchase had been reported…

Traders say that Turkey has received offers for 225,000 T of barley purchased in the tender.

Posted to Maritime Reporter on July 31, 2025

Initial assessments by traders indicated that the lowest price offered during the first round of tendering from Turkey's TMO state grain board to purchase and import 225,000 metric tons animal feed barley was $234.90 per ton c&f. They said that no purchase had yet been reported…

US sanctions on Iranian shipping network are major

Posted to Maritime Reporter on July 30, 2025

On Wednesday, the U.S. Treasury Department issued new sanctions against over 115 Iran linked individuals, entities, and vessels. This is an indication that the Trump administration has intensified its "maximum-pressure" campaign following June's bombing of Tehran's nuclear sites.

South Korea is expected to purchase approximately 45,200 metric tonnes of rice, traders claim

Posted to Maritime Reporter on July 30, 2025

Agro-Fisheries and Food Trade Corporation, a state-owned company in South Korea, has announced international tenders for the purchase of 45,200 metric tonnes of rice from Vietnam and Thailand. The deadline to submit price proposals in the tender is 8 August.

Jordanian traders report that the country has issued a tender for up to 120,000 tonnes of wheat.

Posted to Maritime Reporter on July 30, 2025

European traders reported on Wednesday that Jordan's state grain purchaser has issued a tender for up to 120,000 tons of milling Wheat sourced from optional sources. Price offers must be submitted by August 5th. Traders had expected a new announcement after Jordan failed to purchase 120…

South Korea's NOFI purchases approximately 195,000 tons corn, traders claim

Posted to Maritime Reporter on July 30, 2025

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 195,000 metric tonnes of animal feed corn on Wednesday in an international bid seeking up to a maximum of 207,000 tons.

South Korea's NOFI buys estimated 195,000 T corn, traders say

Posted to Maritime Reporter on July 30, 2025

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 195,000 metric tonnes of animal feed corn on Wednesday in an international bid seeking up to a maximum of 207,000 tons.

NOFI South Korea to purchase up to 207,000 t corn

Posted to Maritime Reporter on July 30, 2025

European traders reported on Wednesday that the leading South Korean feedmaker Nonghyup Feed Inc. has announced an international tender for up to 207,500 metric tons animal feed corn. The deadline to submit price offers for the tender is Wednesday, 30 July.