Posted to Maritime Reporter
on
October 29, 2024
LSEG data showed that Turkey increased its imports of Russia’s Urals crude to 7,41 million barrels in October from 5,15 million barrels in September, due to a rise in demand and the completion of refinery maintenance. After the STAR refinery…
Posted to Maritime Reporter
on
October 25, 2024
Black Sea CPC blend oil exports via Caspian Pipeline Consortium's (CPC) system will increase in November, after maintenance at Kazakhstan's Kashagan oilfield is completed. Two sources said that exports will increase to 1.42 million barrels a day (bpd)…
Posted to Maritime Reporter
on
October 23, 2024
The chief executive of InVivo, a cooperative that produces wheat for export in France and Ukraine, said Wednesday the group is looking at new markets to expand after being beaten by Russian wheat to Algeria. Thierry Blandinieres, a member of the group that has a range of activities…
Posted to Maritime Reporter
on
October 23, 2024
The global potash supply has returned to the levels before the invasion of Ukraine. Russia and Belarus have increased shipments to Asia, South America and Europe to avoid Western sanctions, and to pressure producers to reduce output to avoid an oversupply.
Posted to Maritime Reporter
on
October 17, 2024
LSEG data and traders' reports on Thursday showed that China and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports rose 2% in August to 4.2 million metric tonnes.
Posted to Maritime Reporter
on
October 16, 2024
QatarEnergy lowered the term price of al-Shaheen loading crude oil in December, according to trade sources on Wednesday. The company was following spot market prices this month. They said that the December term price had been set at $1.93 per barrel, according to Dubai quotes.
Posted to Maritime Reporter
on
October 14, 2024
According to sources in the shipping and trading industries, a large shipment of French wheat will be loaded for Thailand later this month. This is a rare shipment that will help boost French exports to Southeast Asia. Sources said that a ship…
Posted to Maritime Reporter
on
October 12, 2024
The city of Rostock said that maritime rescue services and firefighter in Germany's Baltic Sea extinguished an oil tanker fire and brought it safely into its port. The ship is safely moored...there's no fire. "The tanker was dragged in Rostock's overseas port early this morning…
Posted to Maritime Reporter
on
October 11, 2024
The first deputy minister of agriculture Taras Vysotskiy stated on Friday that Ukraine's grain exports in 2024/25 are expected to drop to 40 million metric tonnes from nearly 51 million tons in the previous year due to a smaller crop. Vysotskiy…
Posted to Maritime Reporter
on
October 11, 2024
The first deputy minister of agriculture Taras Vysotskiy stated on Friday that Ukraine's grain exports in 2024/25 are expected to drop to 40 million metric tonnes from nearly 51 million tons in the previous year due to a smaller crop. Vysotskiy…
Posted to Maritime Reporter
on
October 10, 2024
Insurance sources and a broker reported on Thursday that a series of Russian missile attacks on Ukrainian Black Sea port infrastructure, as well as commercial vessels, has caused a spike in insurance rates and forced some shipowners cancel bookings.
Posted to Maritime Reporter
on
October 10, 2024
Insurance sources and a broker reported on Thursday that a series of Russian missile attacks on Ukrainian Black Sea port infrastructure, as well as commercial vessels, has caused a spike in insurance rates and forced some shipowners cancel bookings.
Posted to Maritime Reporter
on
October 8, 2024
Trade sources reported that two Indian state refiners bought 2,000,000 barrels of Venezuelan oil from Vitol, for delivery in November. This is despite the fact that Venezuelan crude shipments continue to increase to what was previously Venezuela's second-largest oil market.
Posted to Maritime Reporter
on
October 3, 2024
In the wake of a recent strike in U.S. East Coast and Gulf Coast ports, olive oil exporters from Spain, the largest producer in the world, warned that there were no viable alternatives to reach the lucrative U.S. market. Asoliva, the Spanish association of olive oil producers and exporters…
Posted to Maritime Reporter
on
October 3, 2024
The Belgian law that restricts the export of low-quality fuels, and financial constraints on the part of Nigerian importers are making it difficult for buyers in Northwest Europe to sell gasoline to West Africa. They will have to look at other…
Posted to Maritime Reporter
on
October 3, 2024
Kazakh officials announced on Thursday that Kazakhstan had halted its grain exports to Russia. They also said they asked Moscow to prove the claims of having violated plant health rules, which Moscow cited as the reason for a ban on imports and transits of Kazakh grain.
Posted to Maritime Reporter
on
October 1, 2024
CNBC, citing a spokesperson for the company, reported Tuesday that Danish drugmaker Novo Nordisk had mitigation plans in place in order to minimize or avoid any disruption in its production caused by sea port strikes in United States. Reports…
Posted to Maritime Reporter
on
September 30, 2024
New Fortress Energy, a U.S. energy company that specializes in infrastructure development, said it shipped its first shipment of liquefied gas from Mexico to the United States on Monday. This was after the start-up of the floating facility worth $1 billion in the Gulf of Mexico had been delayed.
Posted to Maritime Reporter
on
September 30, 2024
LSEG data revealed on Monday that the Pioneer tanker sanctioned by America for its links with Russian-sourced liquefied gas (LNG) has passed through Suez Canal carrying an LNG cargo. It was not immediately known where the LNG-flagged Pioneer would be heading or what its source was.
Posted to Maritime Reporter
on
September 25, 2024
Haitian Prime Minister Garry Conille stated on Wednesday that the Caribbean nation is still far from winning its battle against armed groups who control the majority of the capital. A deadline set by the United Nations for the long-delayed assistance fast approaches.