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Maritime Blogs East Asia

South Korea offers package of shipbuilding and other services to US trade deals in order to push for a deal

Posted to Maritime Reporter on July 29, 2025

Koo Yun Cheol, South Korean Finance minister, said on Tuesday that he will seek a trade agreement with mutual benefits when he meets U.S. Treasury Sec. Scott Bessent this week for discussions. This is just days before the August 1 deadline to avoid tariffs expires.

CK Hutchison eyes Chinese bidding partner for $22.8 billion port sale

Posted to Maritime Reporter on July 27, 2025

CK Hutchison announced on Monday that it is looking for a large strategic Chinese investor to join its consortium bidders in the $22.8 billion port business. This follows media reports that the state-owned China COSCO Shipping Corp. may be joining the group.

South Korea's FLC purchases about 68,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on July 24, 2025

The Feed Leaders Committee of South Korea (FLC) purchased around 68,000 tons of animal feed in a private transaction on Thursday, without launching an international tender. The grain is available from all over the world, except for the Black Sea.

South Korea's MFG purchases 65,000-75, 000 T corn in a private deal, traders claim

Posted to Maritime Reporter on July 24, 2025

Major Feedmill Group of South Korea (MFG) bought between 65,000 and 75,000 metric tonnes of animal feed corn on Thursday in a deal that was not subject to an international tender. The cost of the ton was estimated at $235.12, including freight. A $1.50 extra charge for port unloading was added.

South Korea's NOFI buys estimated 135,000 T corn, traders say

Posted to Maritime Reporter on July 24, 2025

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 135,000 metric tonnes of animal feed corn at an international auction on Thursday. The corn can be purchased from anywhere in the world.

Enterprise Products Neches River Terminal in Texas receives first LPG tanker

Posted to Maritime Reporter on July 23, 2025

Ship tracking data on Wednesday showed that the first tanker to arrive at the Enterprise Products Partners facility for loading was a liquefied gas tanker. The energy research firm Vortexa stated that the mooring was a sign of the commissioning.

Canada - 23 July

Posted to Maritime Reporter on July 23, 2025

These are some of the most important stories in selected Canadian newspapers. These stories have not been verified and we cannot vouch for the accuracy of these stories. Melanie Joly, Federal Industry Minister, says that Canada can excel in…

Saudi Arabia was the top buyer of Russian fuel in June, according to data

Posted to Maritime Reporter on July 23, 2025

According to traders and LSEG, Saudi Arabia was the number one destination for Russian fuel oil and vacuum gasoline (VGO) seaborne exports in June. The hot summer required increased energy consumption. The Middle East and Asia became the primary…

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.

Russia launches major naval drills on the Pacific, Arctic and Baltic Seas

Posted to Maritime Reporter on July 23, 2025

The defence ministry announced that Russia began large-scale naval drills on Wednesday, involving over 150 vessels and 15 000 military personnel. These drills will take place in the Pacific and Arctic Oceans as well as the Baltic and Caspian Seas.

US lawmakers back Australia submarine project in Pentagon letter

Posted to Maritime Reporter on July 22, 2025

The Republican and Democratic leaders of the U.S. Congress committee for strategic competition against China wrote to Defense Secretary Pete Hegseth in order to express their strong support for AUKUS, a submarine project that is currently being reviewed by the Pentagon.

North Korea promises to build a new navy destroyer before October 2026

Posted to Maritime Reporter on July 22, 2025

North Korean officials, shipyard workers and state media KCNA reported Tuesday that they had pledged to finish construction of a navy destroyer warship before October 10, next year. The video footage, which accompanied the news on North Korea's KRT state-run TV station…

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.

US tech CEOs are asked to respond to concerns raised by lawmakers about submarine cables

Posted to Maritime Reporter on July 21, 2025

Three Republican House members asked Alphabet, Facebook parent Meta and Amazon.com on Monday if they had adopted adequate safeguards in order to address the growing concerns about national security regarding submarine communication cables. Washington…

France will face another difficult wheat export year, despite a better crop

Posted to Maritime Reporter on July 18, 2025

France may struggle to sell the much larger wheat crop it expects to produce this year, as its export options have been reduced due to a decrease in demand from Algeria and China. Also, Black Sea grain is cheaper. France could stockpile large amounts of wheat…

US wants to ban Chinese technology for undersea cables

Posted to Maritime Reporter on July 16, 2025

The Federal Communications Commission announced on Wednesday that it intends to adopt rules prohibiting companies from connecting submarine communications cables to the United States using Chinese technology or equipment. Brendan Carr, FCC chairperson…

Taiwan purchases 89,650 t of wheat from the US, traders report

Posted to Maritime Reporter on July 16, 2025

In a Wednesday tender, the Taiwan Flour Millers' Association bought an estimated 89.650 metric tonnes of milling grain to be sourced in the U.S., European traders reported. Two consignments of wheat from the U.S. Pacific Northwest Coast were purchased.