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Saturday, December 13, 2025

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EU Wheat Edges Up on Algeria Purchase, War Risks

Posted to Maritime Reporter on September 24, 2025

Euronext wheat rose for a second time on Wednesday. The move was boosted by an Algerian large purchase, and the news of a Russian drone attack on its main Black Sea port, which rekindled concerns about war. The December wheat futures on Euronext’s Paris-based market were up 0.4% at 1436 GMT…

China increases its soybean purchases from Argentina to 20 cargoes.

Posted to Maritime Reporter on September 24, 2025

Traders said that Chinese importers continued to purchase Argentine soya beans at a rapid pace after the South American supplier temporarily reduced its export taxes, allowing it to compete with other suppliers. These purchases are eroding the U.S.'s market share…

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.

Singapore's Seatrium sells Texas shipyard to Turkey’s Karpowership at $51 million

Posted to Maritime Reporter on September 23, 2025

Seatrium Limited, a Singapore-based company, announced on Tuesday that it had reached an agreement to sell the "surplus" AmFELS Yard Shipbuilding Facility in Texas to Karpowership. The price is $50.67million. AmFELS Yard in Brownsville builds…

Sources say that Chevron's Venezuelan oil exports have been halved since the new US authorization.

Posted to Maritime Reporter on September 23, 2025

According to three sources familiar with the situation, the U.S. oil giant Chevron can only export half of the crude produced by its Venezuelan joint ventures under the new rules set forth by Washington. The Treasury Department issued a limited…

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…

EU official: EU wants to increase the ban on Russian LNG as part of 19th package sanctions

Posted to Maritime Reporter on September 18, 2025

An EU official revealed that the European Commission is examining a proposal for a faster ban on Russian natural gas liquefied in its 19th set of sanctions against Moscow due to its invasion of Ukraine. This new initiative follows an earlier call made by U.S.

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.

Northrop's ISS cargo shipment set for Thursday following software hiccup

Posted to Maritime Reporter on September 18, 2025

NASA resumed its plans on Wednesday night to dock an unmanned cargo craft at the International Space Station, after it resolved an issue that caused the engine to shut down early. The problem was attributed to "conservative safety" settings in the software of the vehicle. U.S.

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.

Sources say that the Permian oil pipelines of Plains All American in Texas are facing quality issues.

Posted to Maritime Reporter on September 16, 2025

Plains All American crude oil pipelines connecting the Permian basin to Corpus Christi's export hub are experiencing quality problems due to high levels of mercaptans or naturally occurring sulfur compounds. This is according to sources who have been familiar with this matter…

Poland will decide this week on sub-purchases, says PM

Posted to Maritime Reporter on September 16, 2025

The Prime Minister Donald Tusk announced on Tuesday that Poland would decide this week on the procurement of submarines, with the first subs being purchased by the end the year. Poland plans to purchase three submarines through its "Orka' programme…

Sources say Vitol and Sunoco have taken the first shipment of gasoline from Nigerian Dangote to US.

Posted to Maritime Reporter on September 16, 2025

According to data from vessel tracking and two sources with knowledge of the situation, Vitol, a top global oil trader and Sunoco North American fuel distributor took delivery on Monday of the first U.S. gasoline imports from Nigeria's newly built Dangote refinery.

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…

Brazil's Prio receives license to operate Wahoo's oil field's undersea pipelines

Posted to Maritime Reporter on September 15, 2025

Brazilian oil company Prio received an installation licence from Brazil's environment agency Ibama for hooking up wells in its Wahoo fields to its offshore production platforms, the company announced on Monday. The company said that it expected…

Sources say Vitol and Sunoco have taken the first shipment of gasoline from Nigerian Dangote to US.

Posted to Maritime Reporter on September 15, 2025

According to data from vessel tracking and two sources with knowledge of the situation, Vitol, a top global oil trader and Sunoco North American fuel distributor took delivery on Monday of the first U.S. gasoline imports from Nigeria's newly built Dangote refinery.

Orsted, the offshore wind group, offers a 67% discount on $9.4 billion rights issue

Posted to Maritime Reporter on September 15, 2025

Orsted, a Danish offshore wind developer, said Monday that it priced its $9.42-billion rights issue at $66.6 crowns per share ($10.46), representing a discount of 66.7% to the closing price of Friday's stock. Orsted received shareholder approval earlier this month for the capital raising…

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