Marine Link
Wednesday, April 29, 2026

Maritime Blogs East Asia

South Korea to purchase approximately 74,382 tonnes of rice, traders claim

Posted to Maritime Reporter on March 2, 2026

Agro-Fisheries and Food Trade Corporation, a?state-owned corporation in South Korea. European traders reported on Monday that a?international tender has been issued to 'purchase' an estimated 74,382 tons of rice. About 33,300 tonnes of the total should be sourced in the United States…

Ship insurers cancel their war risk coverage due to the conflict in Iran

Posted to Maritime Reporter on March 2, 2026

A number of marine insurers have announced that they are cancelling their war risk coverage for ships because of the conflict in the Gulf and Iran. According to notices posted on their websites dated March 1, insurers such as?Gard?, Skuld?, NorthStandard?…

Asian airline shares drop as US-Iran conflict disrupts traveling and raises oil prices

Posted to Maritime Reporter on March 1, 2026

Airline shares fell on Monday. Hong Kong's Cathay Pacific and Australia's Qantas Airlines, as well as Singapore Airlines, Japan Airlines, and Singapore Airlines all dropped more than 5%. This was after Israel and the U.S. launched strikes against?Iran over the weekend…

As the Iran conflict escalates, Asian oil buyers evaluate stockpiles and Middle East alternatives

Posted to Maritime Reporter on March 1, 2026

As the Iran conflict disrupted shipping through the Strait of Hormuz and a rise in oil prices is expected when trading resumes Monday, Asian governments and refiners have been rushing to assess their oil stocks and alternative routes. Asia is…

South Korea's KFA purchased about 66,000 tonnes of corn, traders claim

Posted to Maritime Reporter on February 27, 2026

According to European traders, the Korea Feed Association (KFA) purchased 66,000 metric tons of animal feed?corn? in a private transaction on Friday. Trading house Olam was said to have bought the corn that would have been sourced from South America, the United States or South Africa.

South Korea's MFG purchases around 135,000 tons of corn, traders claim

Posted to Maritime Reporter on February 27, 2026

South Korea's Major Feedmill Group (MFG), according to European traders, has so far purchased about 135,000 metric tonnes of animal -feed corn in a?international?tender that sought up to 210,000 metric tons on Friday. Traders said that it was possible for more purchases to be made.

Japan imports rare earths from China fell 5.7% year-on-year in January

Posted to Maritime Reporter on February 26, 2026

According to calculations by 'Mizuho Research & Technologies', based upon a report from the Ministry of Finance, Japanese imports of China rare earths fell 5.7% in January compared to a year ago. It wasn't immediately clear if the decline in…

South Korea's MFG bids up to 210,000 tonnes of corn, traders claim

Posted to Maritime Reporter on February 26, 2026

Major Feedmill Group in South Korea (MFG) issued an international tender for the purchase of up to 210,000 tons of animal feed corn. The deadline for price offers is this Friday, February 27, 2019. Three consignments of between 55,000 and 70,000 tons are required.

South Korea's NOFI purchases approximately 135,000 tons of corn in an auction, traders claim

Posted to Maritime Reporter on February 26, 2026

Nonghyup Feed Inc., a leading South Korean animal feed manufacturer, bought 135,000 metric tonnes of animal feed corn at an international tender on Thursday. Two consignments have been?purchased?, both for arrival in South Korea on July. The…

South Korea's NOFI purchases approximately 135,000 tons of corn in an auction, traders claim

Posted to Maritime Reporter on February 26, 2026

Nonghyup?Feed?Inc. is a leading South Korean animal feed manufacturer. (NOFI) purchased an estimated 135,000 tons of animal?feed?corn at a?international tender on Thursday. Both consignments are due to arrive in South Korea by July. The total…

South Korea's NOFI offers to purchase up to 138,000 metric tonnes corn

Posted to Maritime Reporter on February 26, 2026

European traders reported on Thursday that the leading South Korean feedmaker Nonghyup Feed Inc., (NOFI), has issued an international bid to purchase up 138,000 metric tonnes?of animal feeding corn. The deadline to submit price offers for the tender is Thursday, 26th February.

The founder of China's JD.com launches a yacht brand

Posted to Maritime Reporter on February 25, 2026

Richard Liu, founder of Chinese online giant JD.com has launched Sea Expandary as an independent yacht brand. The goal is to build "100% green yachts" that are affordable for 'ordinary families. Liu said he would invest 5 billion yuan (690 million…

Taiwan's MFIG purchases about 65,000 tonnes corn from US traders, say

Posted to Maritime Reporter on February 25, 2026

European traders reported that the Taiwanese MFIG buying group?bought 65,000 metric tonnes?of animal feed?corn expected to be sourced -from the United 'States? in a?international?tender _on Wednesday. They said that the yellow corn was bought…

Denmark talks to Ukrainian drone manufacturer Skyfall about hosting production

Posted to Maritime Reporter on February 24, 2026

The Danish defence ministry announced on Tuesday that Ukrainian drone manufacturer 'Skyfall' is in discussions with the country about becoming the'second defence firm from the war-torn nation to set up production on Danish soil. The firm stated…

Ferretti's boss signals appetite for M&A amid annual core profit growth

Posted to Maritime Reporter on February 24, 2026

Italian yacht manufacturer Ferretti announced a 6.7% increase in its core profit for the full year, as well as a 47% jump in orders of made-to measure?yachts. Last year, adjusted?earnings prior to interest, taxes and depreciation (EBITDA), a measure of earnings before interest…

Pentagon: US forces capture third sanctioned oil-tanker in Indian Ocean

Posted to Maritime Reporter on February 24, 2026

The Pentagon announced?on Tuesday that U.S. forces had intercepted a sanctioned tanker in the Indian Ocean, after tracing it from Caribbean waters. This was the third interdiction of this kind in the region. Washington has stepped up its blockade of vessels going to or from Venezuela…

Bousso: US and China are the key to containing an oil shock in the Middle East

Posted to Maritime Reporter on February 24, 2026

A major military conflict between the U.S., Iran and other Middle Eastern countries could cause a disruption of oil supplies in the region. It could be that the vast oil reserves held by both the U.S.A. and China are crucial in controlling it.

Middle East oil exports drive tanker costs up to a 6-year high amid US-Iran threat

Posted to Maritime Reporter on February 24, 2026

Industry sources claim that the cost of shipping crude oil has risen?to its highest level in six years. This is due to a surge of crude exports out of the Middle East, as traders rush to book charters before a possible conflict between the U.S.

China restricts the export of 20 Japanese companies to stop'remilitarisation.

Posted to Maritime Reporter on February 24, 2026

China has banned the export of dual use items to 20 'Japanese companies that supply Japan military', announced the Commerce Ministry on Tuesday. This is the latest in a series of disputes between Beijing and Tokyo. China uses its influence over supply chains to increase pressure on 'Tokyo'…

Pentagon: US forces seize a third sanctioned oil-tanker

Posted to Maritime Reporter on February 24, 2026

The Pentagon announced a?on?Tuesday that U.S. forces had captured an oil?tanker sanctioned in the Indian Ocean, after tracking it from Caribbean waters. It was the third such?interdiction. The U.S. Department of Defense announced in a post to X that its forces had boarded Bertha over night.

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week