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Algeria bids again for corn and feed barley traders claim

Posted to Maritime Reporter on August 27, 2024

European traders reported on Tuesday that the Algerian state agency ONAB had issued international tenders for up to 120,000 tons of animal feed corn, and 35,000 tonnes of feed barley. The deadline to submit price offers for the tenders is August 28.

South Korea's KFA buys estimated 66,000 T corn, traders say

Posted to Maritime Reporter on August 27, 2024

European traders reported that the Korea Feed Association (KFA), which is a trade association for animal feed, purchased approximately 66,000 metric tonnes of animal feed corn at an international auction on Tuesday. The corn was expected to come from South America.

Traders say Algeria is a pass for corn and barley.

Posted to Maritime Reporter on August 27, 2024

European traders reported on Tuesday that Algerian state agency ONAB rejected all bids and did not make any purchases in tenders which closed last Thursday for up to 112,000 metric tons animal feed corn and 35,500 tons feed barley. It was not clear what the outcome of an auction for 40…

Paris wheat prices pushed lower by a firm euro and low Black Sea prices

Posted to Maritime Reporter on August 26, 2024

The European wheat price fell again on the Monday due to a stronger trend in euro, which made it more expensive on world markets. EU wheat is facing stiff competition from cheaper Black Sea origins. The benchmark December milling grain on Paris' Euronext fell 1.8% to 205 euros ($228.88)…

Paris wheat prices impacted by Euro strength and low Black Sea prices

Posted to Maritime Reporter on August 26, 2024

The European wheat price fell again on the Monday due to a stronger euro, which made it more expensive on world markets. EU wheat is facing stiff competition from cheaper Black Sea origins. The benchmark December milling grain on Paris' Euronext…

British maritime agencies report an incident off Yemen coast

Posted to Maritime Reporter on August 26, 2024

United Kingdom Maritime Trade Operations said that it received a report on Monday of an incident 61 miles south-east of Yemen's Mokha. UKMTO reported the captain of an unmanned surface vessel (USV) in close proximity to his vessel. Two other small boats were also observed…

Philippines calls China's South China Sea move aggressive and illegal

Posted to Maritime Reporter on August 26, 2024

After a series of incidents and clashes on the air and on the sea in the last week, the Philippine government condemned China for its "repeated aggressive and unprofessional" actions. The Philippines' National Maritime Council said Chinese aircraft…

China fines Sinograin, others for transporting cooking oils in unclean tankers

Posted to Maritime Reporter on August 26, 2024

State media reported that China fined Sinograin, a state-owned stockpiler of cooking oil, and six other firms an aggregate of 11 million yuan (1.54 million dollars) for the use of fuel tanks to transport cooking oils in a scandal which eroded trust in food safety regulations.

Migration agency reports 13 dead after boat capsizes off Yemen

Posted to Maritime Reporter on August 25, 2024

The International Organization for Migration said that 13 people were killed and 14 are still missing after a boat capsized near Yemen on Tuesday. IOM reported that the boat carrying 25 Ethiopians, two Yemenis and two Yemenis was sailing off the coast in Yemen's Taiz Governorate, southwest.

Italian prosecutor opens manslaughter investigation in Lynch Yacht Sinking

Posted to Maritime Reporter on August 24, 2024

A prosecutor in Italy has launched a manslaughter probe into the death of British tech magnate Mike Lynch, and six others who died when a luxury boat sank near Sicily last week. Ambrogio Cartosio is the head of the public prosecutor’s office in Termini Imerese.

Greek coastguard shoots at migrant boat and kills one

Posted to Maritime Reporter on August 23, 2024

Authorities said that a 39-year old migrant died after the Greek Coastguard opened fire at a vessel transporting migrants near the island of Symi, in the eastern Aegean. The coastguard stated that the man "probably died from a bullet". It also…

Euronext Wheat Slips Again amid Export Gloom

Posted to Maritime Reporter on August 23, 2024

Euronext Wheat fell on Friday for the third consecutive day, holding near its five-month low. A rising euro and an abundance of grain from the Black Sea at a lower price kept traders pessimistic about export prospects. The December wheat contract…

Media report that the death toll has risen to 11, after a boat capsized between Bosnian and Serbia

Posted to Maritime Reporter on August 23, 2024

Local media reported that the death toll had risen to 11 after a boat of migrants capsized as it tried to cross from Serbia into Bosnia and Herzegovina. Zlatan Simic, the head of the local firefighting team in the eastern Bosnian city of Bratunac told Srna…

Canada - Aug 23

Posted to Maritime Reporter on August 23, 2024

These are some of the most important stories in selected Canadian newspapers. These stories have not been verified and we cannot vouch for the accuracy of these stories. The Teamsters union announced that workers at Canadian National Railway…

Equinor to close Hanoi office after halting Vietnam offshore wind plans

Posted to Maritime Reporter on August 23, 2024

A company spokesperson revealed that Norway's state controlled energy giant Equinor had cancelled plans to invest into Vietnam's offshore sector. This is a blow for Vietnam's green energy ambitions. According to the World Bank Group's report…

Taiwan's president rejects China rule on frontline island

Posted to Maritime Reporter on August 23, 2024

Taiwan's President Lai Ching-te, who was visiting the frontline island to commemorate a major battle between Chinese and Taiwanese forces, said that Taiwan rejects being controlled by China's Communist Party. China's military conducted another…

Ukraine's Navy claims it destroyed a Russian ferry during an attack

Posted to Maritime Reporter on August 23, 2024

The Ukrainian Navy confirmed Friday that it destroyed a ferry that was being used to transport fuel and weapons into occupied Crimea. Local authorities said earlier that the ferry had been damaged and set on fire in the attack Thursday in the southern Krasnodar Region of Russia.

Australia performs first maintenance on US nuclear submarine

Posted to Maritime Reporter on August 23, 2024

The defence ministers from Australia, Britain, and the United States announced that a U.S. nuclear-powered sub will undergo maintenance for the first-time in Australia on Friday. This is a crucial step taken by AUKUS partner countries to deter aggressive behavior in the Indo-Pacific.

Jordanian traders claim that the country will buy up to 120,00 metric tons of feed barley.

Posted to Maritime Reporter on August 22, 2024

European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price offers for the tender is August 28. Jordan's failure to purchase 120…

OBITUARY - Mike Lynch, British tech pioneer who died at sea following US trial acquittal

Posted to Maritime Reporter on August 22, 2024

Mike Lynch, a tech tycoon, who drowned when his luxury yacht capsized off Sicily spent over a decade creating Britain's largest software company. He also fought for almost the same amount of time against charges that he inflated its value to get a multibillion-pound deal.

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