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Saturday, December 13, 2025

Maritime Blogs

South Korea's MFG purchased 68,000 tons corn in a private deal, traders claim

Posted to Maritime Reporter on October 15, 2025

Major Feedmill Group of South Korea (MFG) bought 68,000 metric tonnes of animal feed corn on Wednesday in a private transaction without holding an international tender. The estimated cost and freight was $234.80 per ton plus an additional $1.50 for port unloading.

Bangladesh receives offers to purchase 50,000 tons of rice in tender, traders claim

Posted to Maritime Reporter on October 15, 2025

The traders estimated that the lowest price in Bangladesh's tender to buy 50,000 metric tonnes of rice, which closed on March 23, was $355.99 per metric ton CIF. They said that offers are still being considered, and no purchases have yet been reported.

Jordanian traders claim that Jordan has only one bidder in the 120,000-ton barley tender.

Posted to Maritime Reporter on October 15, 2025

According to traders, only one trading firm is believed to have participated in the international bid on Wednesday by Jordan's state grain buyer to buy up to 120,00 metric tons animal feed barley. Trading house Bunge was thought to be the participant.

South Korea's KFA purchases approximately 131,000 tons of corn, traders claim

Posted to Maritime Reporter on October 15, 2025

European traders reported that the Korea Feed Association (KFA), a South Korean organization, purchased approximately 131,000 metric tonnes of animal feed corn at an international auction on Wednesday. The KFA was seeking up to 136,000 metric tons.

Bangladesh receives offers to purchase 50,000 tons of rice in an auction, traders claim

Posted to Maritime Reporter on October 15, 2025

Traders said that the lowest price in Bangladesh's tender to buy 50,000 metric tonnes of rice, which closed on Tuesday, was $355.99 per metric ton CIF. They said that offers are still being considered, and no purchases have yet been reported.

South Korean mills purchase about 50,000 tonnes of wheat from the US

Posted to Maritime Reporter on October 15, 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 Wednesday. The 45,000 tonnes of Canadian wheat that was also requested were not believed to have been purchased. The U.S.

South Korea's KFA offers up to 136,000 tonnes of corn, traders claim

Posted to Maritime Reporter on October 15, 2025

European traders reported on Wednesday that the Korea Feed Association of South Korea (KFA) had issued an international tender for up to 136,000 tons animal feed corn. Also, the deadline for submitting price offers to the KFA Incheon section's tender is Wednesday, October 15th.

Jordan Issues a tender to Buy Up to 120,000 Metric Tons of Wheat

Posted to Maritime Reporter on October 15, 2025

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline to submit price offers for the tender is October 21, 2010. The traders had expected a new announcement after Jordan's previous tender of 120…

Taiwan's MFIG purchases about 65,000 tons corn from US traders, traders claim

Posted to Maritime Reporter on October 15, 2025

European traders reported that the MFIG group of Taiwan bought approximately 65,000 metric tonnes of animal feed corn, which was expected to come from the United States during an international auction on Wednesday. They said that the yellow corn was bought at a premium estimated to be 173.32 U.S.

Oil prices drop 1.5% due to tensions between the US and China, IEA warns of glut

Posted to Maritime Reporter on October 14, 2025

The oil prices dropped on Tuesday. They settled 1.5% lower, as the International Energy Agency warned about a massive supply glut in 2026 and trade tensions between the U.S., China and other major economies continued. Brent crude futures dropped…

Trump claims that six people were killed in a US attack on an alleged drug ship off Venezuela

Posted to Maritime Reporter on October 14, 2025

The latest in a series of recent strikes, a U.S. airstrike on a boat near the Venezuelan coast on Tuesday resulted in the death of six suspected drug traffickers. The strike is just the latest example of Trump’s efforts to use U.S. Military power in new and often controversial ways.

Jordan purchases about 60,000 tonnes of wheat at tender, traders claim

Posted to Maritime Reporter on October 14, 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 CHS trading house at a cost of $262.50 per ton…

Chinese freighter cuts EU delivery time in half on first Arctic voyage to UK

Posted to Maritime Reporter on October 14, 2025

State-run news agency Xinhua reports that a Chinese container ship completed a pioneering voyage through the Arctic and into a UK port. This journey cut in half the transit time of the electric vehicles aboard the ship, as well as the solar panels, which were destined for Europe.

Infantino: FIFA will help Gaza rebuild its football infrastructure

Posted to Maritime Reporter on October 14, 2025

Following the peace summit held in Egypt on Monday, FIFA President Gianni Infantino promised to support efforts to rebuild the football infrastructure in Gaza. This is part of a larger post-war reconstruction effort. Infantino attended the meeting in Sharm El-Sheikh, a resort on the Red Sea.

EasyJet's shares rise after traders cite a report on bid interest

Posted to Maritime Reporter on October 14, 2025

The shares of budget airline easyJet rose as much as 11,5% on Tuesday. Traders cited an Italian media report about possible bid interest by global container shipping company MSC. In a statement, a Mediterranean Shipping Company spokesperson denied any involvement in the matter.

Taiwan's MFIG offers to purchase up to 65,000 metric tonnes corn

Posted to Maritime Reporter on October 14, 2025

European traders reported on Tuesday that Taiwan's MFIG buying group had issued an international tender for up to 65,000 metric tonnes of animal feed corn, which could be sourced in the United States, Argentina Brazil or South Africa. They said…

Radiant World now deals in metals as well as iron ore

Posted to Maritime Reporter on October 14, 2025

Radiant World, an Indian commodity trader, has hired Liam Brown and Louis McCauley to expand its industrial and precious-metals trading business. McCauley previously worked for Citi, Credit Agricole, and Goldman Sachs, and Brown traded industrial metals.

New York Times Business News - October 14,

Posted to Maritime Reporter on October 14, 2025

These are the most popular stories from the New York Times' business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. Patrick James, the chief executive officer of First Brands (an auto parts…

JPMorgan will invest up to $10 Billion in US National Security as part of $1.5 Trillion pledge

Posted to Maritime Reporter on October 13, 2025

JPMorgan Chase announced a plan to hire bankers to invest $10 billion into U.S. firms considered vital to national security, economic resilience and the economy. The plan is part of an overall $1.5 trillion pledge. This move is part a 10-year plan to finance…

Sources: Caspian Pipeline Consortium increases oil exports by 9% in September m/m.

Posted to Maritime Reporter on October 13, 2025

According to two industry sources, the Caspian Pipeline Consortium increased its oil exports by 9% per day in September compared to August, to 6.6 millions metric tons or 1.75million barrels daily. CPC exports oil via a pipeline that carries over 80% of all Kazakh crude oil exports.