FOR SALE

Approximately 4,182.761 MT of Argentine yellow corn in bulk, offered as distressed salvage. The cargo is stowed in vessel holds 3 and 4 and was rejected by the original consignee. Per surveyor reports, the likely cause of damage is thermal exposure from overheating of a fuel oil tank located between the two holds; no water damage has been identified to date. The vessel will sail with the cargo onboard and will discharge at the port the salvage buyer nominates. The cargo is offered as-is. Buyers should review the surveyor reports, arrange independent sampling to establish the extent of heat damage and the resulting grade, and confirm suitability for feed, blending, or industrial use before purchase.

Product: Yellow corn (maize), bulk
Country of Origin: Argentina
Approximate Quantity: 4,182.761 MT (confirm by draft survey)
Stowage: Vessel holds 3 and 4, in bulk
Condition: As-is, heat-affected distressed salvage
Reported Cause of Damage: Thermal exposure from overheating of an adjacent fuel oil tank (per surveyor reports)
Water Damage: None identified to date
Discharge: Vessel sails with cargo; discharge at buyer-nominated port
Documentation: Surveyor reports available
Availability: Vessel cargo; discharge and logistics by arrangement

Product Overview:

This is a distressed bulk parcel of Argentine yellow corn, approximately 4,182.761 MT, rejected by the original consignee after suspected heat exposure from an adjacent fuel oil tank. It remains aboard the vessel in holds 3 and 4. For a salvage buyer, the opportunity has two favorable features: no water damage has been identified, which keeps feed, blending, and industrial options open subject to quality, and the vessel will discharge at a port the buyer nominates, allowing the cargo to be routed to the best available market rather than a fixed destination.

Value turns on the confirmed extent of the heat damage. If the damage is localized near the fuel oil tank and much of the parcel tests near-sound, the blended value is higher; if a large share is heat-affected, the corn moves into feed or industrial channels at a deeper discount. Buyers should treat the surveyor reports and their own sampling as the controlling basis for value, and confirm the discharge logistics, timing, and any demurrage through Salvex.

Technical Highlights:

Approximately 4,182.761 MT of Argentine yellow corn in bulk, distressed salvage
Rejected by the original consignee; offered as-is
Reported heat damage from an adjacent overheating fuel oil tank (per surveyor reports)
No water damage identified to date
Buyer-nominated discharge; vessel sails with cargo onboard
Surveyor reports available; independent sampling recommended
Potential feed, blending, or industrial use subject to quality

The inventory is suitable for:

Salvage grain buyers and distressed-cargo traders
Feed mills, compounders, and animal feed producers
Grain blenders and reconditioners
Ethanol and industrial grain processors
Commodity traders able to nominate discharge and move volume

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Frequently Asked Questions

What condition is the corn in, and what caused the damage?
It is heat-affected distressed salvage. Per surveyor reports, the likely cause is thermal exposure from an overheating fuel oil tank between holds 3 and 4. No water damage has been identified to date. It is sold as-is.

How much of the parcel is damaged?
That should be established from the surveyor reports and independent sampling. Because the heat source is adjacent to the holds, the damage may be concentrated nearest the tank rather than uniform across the full parcel.

Can I get the survey reports and take samples?
Yes. Surveyor reports are available through Salvex, and buyers should arrange independent sampling for moisture, heat and total damage, foreign material, mycotoxins, and grade.

Where will it discharge?
The vessel will sail with the cargo onboard and discharge at the port the salvage buyer nominates, which lets you route it to your preferred market.

Is it usable for feed or food?
Subject to testing. With no water damage identified, feed, blending, or industrial use may be possible depending on the confirmed quality; food suitability would require the grade to support it. Confirm against your requirements.

How much is there?
Approximately 4,182.761 MT in holds 3 and 4. Confirm final weight by draft survey at discharge.

On what basis is it sold?
As-is, where-is, as distressed salvage, with no warranty of quality expressed or implied through Salvex. Buyers should satisfy themselves as to quantity, quality, and suitability before purchase.

Where was it grown, and where is it now?
Country of origin is Argentina. The cargo is aboard a vessel; discharge is at the buyer-nominated port, arranged through Salvex.