Posted to Maritime Reporter
on
October 21, 2025
A South Korean importer group comprising Feedmill Group and Cargill Agri Purina purchased approximately 67,000 metric tonnes of animal feed corn at an international auction on Tuesday, European traders reported. The corn was purchased in one…
Posted to Maritime Reporter
on
October 21, 2025
Major Feedmill Group/Cargill Agri Purina, a South Korean import consortium Major Feedmill Group/Cargill Agri Purina, has announced an international tender for the purchase of up to 70,000 tons animal feed corn. European traders reported this on Tuesday.
Posted to Maritime Reporter
on
October 21, 2025
Agro-Fisheries and Food Trade Corp, a state-owned company in South Korea, purchased an estimated 157 717 metric tons (about 158,717 pounds) of rice from China and the U.S. during an international auction that closed on September 30. Often, it…
Posted to Maritime Reporter
on
October 20, 2025
China's crude stockpile flow dropped dramatically in September, as lower imports combined with increased refinery processing reduced the excess that was available to store. China's crude oil surplus was 570,000 barrels a day (bpd), down from 1,01 million bpd, in September.
Posted to Maritime Reporter
on
October 20, 2025
South Korea has increased its security measures for the annual Asia-Pacific Economic Cooperation Summit of 21 member countries next week in Gyeongju. Large-scale field drills have been held, and a higher level of terrorism-alert is being imposed.
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on
October 20, 2025
Thyssenkrupp's CEO confirmed that the German conglomerate is in "intensive" talks with Jindal Steel International about the Indian group’s interest in the steel business. He called it a "good collaboration", but warned that the discussions might take some time.
Posted to Maritime Reporter
on
October 20, 2025
Australia, Britain and the United States announced that they would transfer nuclear-powered submarines to Australia in 2021. Two years later, an ambitious plan was detailed to support the U.S. effort to counter China’s naval ambitions throughout the Indo-Pacific. The U.S.
Posted to Maritime Reporter
on
October 20, 2025
TKMS, a shipbuilder, began trading on the stock market at 60 euros ($69.95), valuing it higher than expected, with a valuation of 3.8bn euros. This is due to a boom in global defence. The listing is part of a strategy by German parent Thyssenkrupp…
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…
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.
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.
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.
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.
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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.
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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…
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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.
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.
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.
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.
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.
