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Fiji declares that the Chinese military base is not welcome in Pacific islands as they navigate between superpowers

Posted to Maritime Reporter on July 2, 2025

Fiji opposes China establishing a military base on the Pacific Islands. Prime Minister Sitiveni Rabuka stated this Wednesday. He added that China does not require such a facility to project its power as demonstrated by a recent test of an intercontinental missile.

Germany takes additional measures to combat Russia's "shadow fleet"

Posted to Maritime Reporter on July 1, 2025

The German Foreign Ministry announced on Tuesday that it would take additional measures against Russia's "shadow fleet", which operates in the Baltic Sea and North Sea. Western sanctions designed to cut Russia's oil revenue following its invasion in Ukraine have resulted in the growth of a vast…

Powerboat racing E1 is looking for new investors to finance growth by adding more boats

Posted to Maritime Reporter on July 1, 2025

The E1 World Championship in electric powerboat racing is looking for 20 million euros (about $23,55 million) to help fund its growth. This series has already been backed by many of the biggest names in sports and entertainment. The team owners include Will Smith…

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…

The price of Russian ESPO Blend oil remains stable despite strong demand

Posted to Maritime Reporter on July 1, 2025

Four traders reported on Tuesday that the premiums for ESPO blend crude oil shipping from Russia's Kozmino Port late in July or early August to China are unchanged compared with those for earlier in the month. The Chinese said that the premium over ICE Brent was greater than $2 per barrel…

China sanctions former Philippine Senator over maritime claims

Posted to Maritime Reporter on July 1, 2025

China barred Tolentino from entering the country on Tuesday, citing his "egregious behavior" in matters like the South China Sea dispute a day after he finished his six-year tenure. Tolentino had campaigned on his efforts last year to introduce…

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…

Jordanian traders claim that they will buy up to 120,00 T of feed barley.

Posted to Maritime Reporter on June 30, 2025

European traders reported on Monday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price offers for the tender is on Wednesday, July 2.

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.

India's Mazagon Dock Shipbuilders buys controlling stake in Colombo Shipyard

Posted to Maritime Reporter on June 28, 2025

Mazagon Dock Shipbuilders, a state-owned company in India, said that it would purchase a controlling interest in Colombo Dockyard of Sri Lanka in a deal worth not more than $52,96 million in order to expand its shipbuilding business. According to a Friday regulatory filing…

Hanwha Ocean to finance submarines in Poland

Posted to Maritime Reporter on June 27, 2025

Hanwha Ocean, a South Korean shipbuilder, announced on Friday that it had added a comprehensive finance deal to its bid to sell submarines to Poland. Poland wants to purchase three submarines as part of its "Orka", programme, to expand its military…

Irish sisters rewrite playbook for elite youth worlds

Posted to Maritime Reporter on June 27, 2025

Three Irish sisters are rewriting history at the Optimist World Championship, a regatta that is forming the future of sailing. Maeve Donagh, Emily Donagh and Lily Donagh will represent Ireland in the 2025 edition at Portoroz. Together with teammates Charlotte Crosbie…

South Korean mills purchase 50,000 tons wheat from US traders, traders claim

Posted to Maritime Reporter on June 27, 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 Friday. The purchase included several wheat varieties and all…

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…

Trump says US oil sanctions against Iran may need to be eased to rebuild the country

Posted to Maritime Reporter on June 25, 2025

Donald Trump stated on Wednesday that the U.S. had not ceased its maximum pressure against Iran, including restrictions on the sale of Iranian oil. However, he indicated a possible easing in enforcement for the benefit of the country's rebuilding.

Bangladesh Books 50,000 Tons of Wheat in Tender

Posted to Maritime Reporter on June 25, 2025

Bangladesh approved the purchase 50,000 metric tonnes of wheat as part of an import tender that sought the same volume and closed on June 22. The Finance Ministry announced this on Wednesday. Cereal Crops Trading House, a trading company, bought the wheat at $275.00 a ton.

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.

China and India switch to higher-grade coal; Indonesian imports reduced

Posted to Maritime Reporter on June 25, 2025

China and India, the two largest thermal coal importers in the world, are cutting back on Indonesian shipments in favor of more energy-dense grades imported from other countries. This is because a fall in global coal prices has made high-quality coals more competitive.

Trump says China may continue to buy oil from Iran

Posted to Maritime Reporter on June 24, 2025

Donald Trump stated on Tuesday that China could continue to buy oil from Iran, after the U.S. attacked the OPEC members nuclear facilities. He also hoped China would purchase "plenty" from the United States. "China can continue to buy Oil from Iran." "Hopefully…

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