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Sunday, December 21, 2025

Maritime Blogs East Asia

South Korea's MFG bids to purchase 120,000 tons of soymeal

Posted to Maritime Reporter on September 24, 2025

European traders reported on Wednesday that South Korea's Major Feedmill Group has announced an international tender for the purchase of up to 120,00 metric tons soymeal. The deadline to submit price offers for the tender is Wednesday, September 24, as well.

South Korea's FLC purchased 60,000 tons of soymeal privately, traders claim.

Posted to Maritime Reporter on September 24, 2025

The Feed Leaders Committee of South Korea (FLC) bought about 60,000 tons of soymeal on Tuesday in a private transaction without holding an international tender. They said that the soymeal would be imported from the United States, or South America.

House panel asks Rubio for Philippines funding to counter China threats

Posted to Maritime Reporter on September 24, 2025

According to a letter sent to Secretary of States Marco Rubio by the U.S. House Committee on China, Washington has been urged to provide funding to the Philippines in order to counter Beijing's aggressive and destabilizing actions in the South China Sea.

China purchases Argentine soya beans after tax cut, leaving US farmers behind

Posted to Maritime Reporter on September 23, 2025

Three traders reported that Chinese buyers had purchased at least 10 loads of Argentine soya beans after Buenos Aires abolished grain export taxes. This is a further blow to U.S. soybean farmers who are already unable to access their largest market due low prices and have been shut out.

China purchases Argentine soya beans after the tax cut, leaving US farmers behind

Posted to Maritime Reporter on September 23, 2025

Three traders reported that Chinese buyers had purchased at least 10 loads of Argentine soya beans after Buenos Aires abolished grain export taxes. This is a further blow to U.S. soybean farmers who are already unable to access their largest market due low prices and have been shut out.

House panel asks Rubio for Philippines funding to counter China threats

Posted to Maritime Reporter on September 23, 2025

According to a letter sent to Secretary of States Marco Rubio by the U.S. House Committee on China, Washington has been urged to provide funding to the Philippines in order to counter Beijing's aggressive and destabilising activities in the South China Sea.

Top diplomats in the US, South Korea and Japan express concern about Taiwan Strait

Posted to Maritime Reporter on September 22, 2025

In a statement released after their Monday meeting, the foreign ministers from South Korea and Japan as well as the United States expressed concerns about destabilising actions that are occurring more frequently around Taiwan. In a statement…

South Korea's MFG purchases 63,000 tons of soymeal from traders

Posted to Maritime Reporter on September 22, 2025

Major Feedmill Group of South Korea purchased 63,000 metric tonnes of soymeal from South America on Monday in a private transaction without an international tender, European traders reported. If the seller chooses to supply Chinese or American soymeal, only 50,000 tonnes are required.

South Korea bids for estimated 157,000 tons rice

Posted to Maritime Reporter on September 22, 2025

Agro-Fisheries and Food Trade Corporation, a state-owned company in South Korea, has announced an international tender for the purchase of 157,000 metric tonnes of rice from China and America. The deadline for submitting price offers is September 30, according to European traders.

Tennis-Swiatek wins Korea Open title after a comeback

Posted to Maritime Reporter on September 21, 2025

Iga Swaatek, who is a determined player, came back from the brink to win the Korea Open title. She survived a scare in the first game before defeating Russian Ekaterina Alexova with a score of 1-6 7-6(3) and 7-5. Swiatek looked out of place in the first two sets.

South Korea's HD Hyundai Heavy is in talks to purchase US shipyard

Posted to Maritime Reporter on September 18, 2025

A senior executive at HD Hyundai Heavy Industries said that the company is in discussions with several companies about purchasing a U.S. Shipyard. The goal is to take advantage of President Donald Trump’s efforts to revive America’s struggling shipbuilding industry.

South Korean mill purchases about 30,000 tonnes of wheat from US

Posted to Maritime Reporter on September 18, 2025

European traders reported that a South Korean flour mill purchased an estimated 30,000 tons of milling grain to be sourced in the U.S. at an international auction on Thursday. The purchase included several wheat varieties, which were all purchased on a FOB basis.

Bousso: Oil traders get a headache from blind spots in the market.

Posted to Maritime Reporter on September 18, 2025

Geopolitics is causing oil markets to become more blind, making it difficult to accurately determine the supply-demand balance on the largest and most important commodity exchange in the world. This is a recipe for instability. There is little…

Sources say that Japan's JERA is in advanced discussions to purchase US shale assets worth $1.7 billion.

Posted to Maritime Reporter on September 16, 2025

People familiar with the matter say that Japan's largest power generator JERA has advanced discussions to purchase natural gas production assets located in the U.S., for approximately $1.7 billion. This is the latest example of an Asian nation investing into the American energy sector.

Black Sea delays cause Asia millers to buy more US Wheat at competitive prices

Posted to Maritime Reporter on September 16, 2025

According to grain traders attending an international conference, flour millers in Asia increased their imports of U.S. Wheat in recent weeks due to the competitive prices offered by American suppliers, and delays in Black Sea shipments. Two…

China claims to have intercepted Philippine vessels at disputed South China Sea Shoal

Posted to Maritime Reporter on September 15, 2025

China's Coast Guard said Tuesday that it had taken "control measures" against a number of Philippine vessels near the disputed Scarborough Shoal, in the South China Sea. Beijing is strengthening its territorial claims and maritime right in the contested area.

South Korea's MFG wins corn tender worth 70,000 tons, traders claim

Posted to Maritime Reporter on September 12, 2025

Major Feedmill Group, a South Korean company, is said to have rejected every offer and not made any purchase at an international auction to buy animal feed corn up to 70,000 tons on Friday. Prices were considered too high. The lowest estimate was $234.40 per ton…

South Korea's MFG receives offers for 70,000 tons of corn, traders claim

Posted to Maritime Reporter on September 12, 2025

European traders estimated that the lowest price offered by Major Feedmill Group of South Korea (MFG) in its international tender to purchase up to 70,000 tons of animal feed grain on Friday was $234.40 per metric ton, c&f. Pan Ocean, a trading house…

US sanctions against Yemeni Houthis increase

Posted to Maritime Reporter on September 12, 2025

The United States announced a new round of sanctions on Yemen's Houthis, claiming that it was the largest action Washington has taken against the Iran-aligned organization. The U.S. Treasury Department announced that it would issue sanctions against 32 people and entities…

China's latest aircraft carrier navigates the sensitive Taiwan Strait

Posted to Maritime Reporter on September 11, 2025

China's most advanced and third aircraft carrier, the Fujian, has recently passed through the Taiwan Strait. This is the waterway that separates China and the democratically-governed island of Taiwan. The carrier has not yet officially entered service. It began sea trials in the last year.