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Bangladesh offers to purchase 50,000 tons of rice, traders claim

Posted to Maritime Reporter on October 20, 2025

On Monday, traders reported that Bangladesh's state grain buyer had issued an international tender for the purchase of 50,000 metric tonnes of rice. The tender is seeking price offers for nonbasmati parboiled steamed rice under CIF terms (which…

The latest sign of the boom in defence assets is the debut of TKMS on stock exchange

Posted to Maritime Reporter on October 20, 2025

TKMS, a German shipbuilder, will debut on the Frankfurt stock exchange Monday. This is part of a larger plan by Thyssenkrupp's parent company to streamline its structure in order to take advantage of the growing global demand for defence assets.

China's crude storage flow slumped in September: Russell

Posted to Maritime Reporter on October 20, 2025

China's crude stockpile fell sharply in September, as a result of lower imports and increased refinery processing. According to calculations based upon official data, China's crude surplus in September was 570,000 barrels a day (bpd), down from 1,01 million bpd during August.

EU wants a maritime declaration to inspect Russia’s shadow fleet

Posted to Maritime Reporter on October 19, 2025

A document from the European Union's diplomatic branch, the EEAS (European External Action Service), shows that it is urging its member states to support a maritime declaration which would allow EU countries working with flag state to arrange inspections of Russia's shadow fleet of oil tankers.

State Dept. says that Chinese sanctions against Hanwha US shipbuilding units are meant to 'coerce South Korea'.

Posted to Maritime Reporter on October 16, 2025

The Chinese sanctions on U.S. Hanwha Ocean affiliates this week are intended to undermine South Korea's cooperation with the United States and "to force" Washington's Asian allies, according to a spokesperson for the U.S. State Department on Friday.

Daewoo begins building Turkmenistan fertilizer plant, official says

Posted to Maritime Reporter on October 16, 2025

Daewoo Engineering & Construction, a South Korean company, has started work on a $780 million project in Turkmenistan. Local television reported that Turkmenistan’s President Serdar Berndymukhamedov was present at a ceremony to mark the opening of the plant.

Qatar reduces December al-Shaheen term oil price amid excess supply sources say

Posted to Maritime Reporter on October 16, 2025

QatarEnergy, a state-owned company, has cut the price of al-Shaheen oil loadings in December by more than one year, according to several sources in the trade. The market was hampered by an abundance of Middle Eastern crude oil. Sources said…

South Korea's MFG purchased another 70,000 tonnes corn in a private deal, traders claim

Posted to Maritime Reporter on October 15, 2025

Major Feedmill Group of South Korea (MFG) bought about 70,000 tons of animal feed in a private deal without issuing a tender on Wednesday, European traders reported. The corn could be sourced from South America, the United States or South Africa.

South Korea's MFG purchased 68,000 tons corn in a private deal, traders claim

Posted to Maritime Reporter on October 15, 2025

Major Feedmill Group of South Korea (MFG) bought 68,000 metric tonnes of animal feed corn on Wednesday in a private transaction without holding an international tender. The estimated cost and freight was $234.80 per ton plus an additional $1.50 for port unloading.

Bangladesh receives offers to purchase 50,000 tons of rice in tender, traders claim

Posted to Maritime Reporter on October 15, 2025

The traders estimated that the lowest price in Bangladesh's tender to buy 50,000 metric tonnes of rice, which closed on March 23, was $355.99 per metric ton CIF. They said that offers are still being considered, and no purchases have yet been reported.

Jordanian traders claim that Jordan has only one bidder in the 120,000-ton barley tender.

Posted to Maritime Reporter on October 15, 2025

According to traders, only one trading firm is believed to have participated in the international bid on Wednesday by Jordan's state grain buyer to buy up to 120,00 metric tons animal feed barley. Trading house Bunge was thought to be the participant.

South Korea's KFA purchases approximately 131,000 tons of corn, traders claim

Posted to Maritime Reporter on October 15, 2025

European traders reported that the Korea Feed Association (KFA), a South Korean organization, purchased approximately 131,000 metric tonnes of animal feed corn at an international auction on Wednesday. The KFA was seeking up to 136,000 metric tons.

Bangladesh receives offers to purchase 50,000 tons of rice in an auction, traders claim

Posted to Maritime Reporter on October 15, 2025

Traders said that the lowest price in Bangladesh's tender to buy 50,000 metric tonnes of rice, which closed on Tuesday, was $355.99 per metric ton CIF. They said that offers are still being considered, and no purchases have yet been reported.

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

Posted to Maritime Reporter on October 15, 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. The 45,000 tonnes of Canadian wheat that was also requested were not believed to have been purchased. The U.S.

South Korea's KFA offers up to 136,000 tonnes of corn, traders claim

Posted to Maritime Reporter on October 15, 2025

European traders reported on Wednesday that the Korea Feed Association of South Korea (KFA) had issued an international tender for up to 136,000 tons animal feed corn. Also, the deadline for submitting price offers to the KFA Incheon section's tender is Wednesday, October 15th.

Jordan Issues a tender to Buy Up to 120,000 Metric Tons of Wheat

Posted to Maritime Reporter on October 15, 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 optional origins. The deadline to submit price offers for the tender is October 21, 2010. The traders had expected a new announcement after Jordan's previous tender of 120…

Taiwan's MFIG purchases about 65,000 tons corn from US traders, traders claim

Posted to Maritime Reporter on October 15, 2025

European traders reported that the MFIG group of Taiwan bought approximately 65,000 metric tonnes of animal feed corn, which was expected to come from the United States during an international auction on Wednesday. They said that the yellow corn was bought at a premium estimated to be 173.32 U.S.

Oil prices drop 1.5% due to tensions between the US and China, IEA warns of glut

Posted to Maritime Reporter on October 14, 2025

The oil prices dropped on Tuesday. They settled 1.5% lower, as the International Energy Agency warned about a massive supply glut in 2026 and trade tensions between the U.S., China and other major economies continued. Brent crude futures dropped…

Jordan purchases about 60,000 tonnes of wheat at tender, traders claim

Posted to Maritime Reporter on October 14, 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 CHS trading house at a cost of $262.50 per ton…

Chinese freighter cuts EU delivery time in half on first Arctic voyage to UK

Posted to Maritime Reporter on October 14, 2025

State-run news agency Xinhua reports that a Chinese container ship completed a pioneering voyage through the Arctic and into a UK port. This journey cut in half the transit time of the electric vehicles aboard the ship, as well as the solar panels, which were destined for Europe.