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Louis Dreyfus opens new sugar transshipment facility in Brazil

Posted to Maritime Reporter on November 19, 2024

The agricultural firm Louis Dreyfus announced on Tuesday the construction of a new transshipment sugar terminal in Brazil's Sao Paulo State, which is expected to be finished by mid-2025. Executives from the company claim that the new terminal…

Peru and Japan strengthen their ties through defense and mining agreements

Posted to Maritime Reporter on November 17, 2024

On Sunday, Peru's President signed agreements with her Japanese counterpart following a visit by the two leaders shortly after the Asia-Pacific Economic Cooperation Summit hosted in Lima. The agreements were inked by Peruvian President Dina Boluarte, and Japanese Prime Minister Shigeru Ishiba.

EU Wheat Prices Fall as Black Sea Competition Limits Exports

Posted to Maritime Reporter on November 13, 2024

The European wheat price fell on Wednesday as a result of the continued competition between Russia and Ukraine. Benchmark December milling grain on Paris' Euronext dropped by 1.5% at 1613 GMT to 211.00 Euros, also being dragged lower by a fall in Chicago wheat futures.

Brazil coffee exports reach record levels in October

Posted to Maritime Reporter on November 11, 2024

Cecafe, a group representing the industry, said that Brazil exported 4,57 million 60 kg bags of green beans in October. This was the highest monthly export for Brazil. According to Cecafe, the shipments of Brazil, which is the largest producer and exporter of coffee in the world…

US gasoline stockpiles hit 2-year low on stronger demand, EIA says

Posted to Maritime Reporter on October 30, 2024

The Energy Information Administration (EIA), which is responsible for the U.S. government's energy policy, announced on Wednesday that U.S. gasoline inventories fell to their lowest level in two years last week due to increased demand. Crude…

Potash production is nearing pre-war levels, forcing producers to reduce output

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.

Cubans who are missing after 'invisible shipwrecks' on their way to the US cause a painful void in the home

Posted to Maritime Reporter on October 12, 2024

Mayra Ruiz, a Cuban mother, wakes up every day wondering if she will hear from her son Maiquel Gonzalez. Gonzalez vanished without a trace on December 20, 2022, along with 28 family members and friends who fled to Florida in a homemade boat.

Cubans who are missing after "invisible" shipwrecks while en route to the US cause a painful void in their home

Posted to Maritime Reporter on October 12, 2024

Mayra Ruiz, a Cuban mother, wakes up every day wondering if she will hear from her son Maiquel Gonzalez. Gonzalez vanished without a trace on December 20, 2022, along with 28 family members and friends who fled to Florida in a homemade boat.

Trade sources claim that Trader Vitol is selling Venezuelan oil to Indian refiners.

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.

Algeria offers to purchase up to 320,000 t of corn, traders claim

Posted to Maritime Reporter on October 2, 2024

European traders reported on Wednesday that the Algerian state agency ONAB had issued an international tender for up to 320,000 tons of animal feedcorn sourced only from Argentina or Brazil. They said that the deadline for submitting price offers to the tender is Thursday October 3.

Algerian corn tender says it has bought an unknown quantity of South American corn

Posted to Maritime Reporter on September 27, 2024

European traders reported on Friday that Algerian state agency ONAB purchased an unknown quantity of animal feed corn from Argentina or Brazil as part of an international tender which ended on Thursday. The tender was for up to 240.000 tons.

Reports and sources confirm that at least four people have died after an oil barge sinks off Venezuela.

Posted to Maritime Reporter on September 26, 2024

According to sources and a report on the accident, at least four people are dead after an oil barge sank in Venezuela's Lake Maracaibo. The barge was operated by a contractor for the state-run PDVSA energy company. The report said that another…

SailGP debuts 2025 Sassnitz in Germany

Posted to Maritime Reporter on September 26, 2024

SailGP, the adrenaline-fuelled sailing spectacle, is headed to new waters in August 2025. The elite sailing championship will make its highly anticipated German debut on the island Ruegen. Sassnitz along the coast of the island will host two days high-octane races.

Argentina grains ships fill less freight as river levels hit near-record lows

Posted to Maritime Reporter on September 19, 2024

Brazil, pushing up expenses and transportation times. The Parana River, which brings practically 80% of Argentina's. grains and oilseeds for export, is at the second lowest level. for this time of year considering that 1970, behind just a major decline in.

Petroecuador, Ecuador's gas company, launches a bidding process to develop an offshore gas field

Posted to Maritime Reporter on September 10, 2024

Petroecuador, Ecuador's sole energy project offshore, said on Tuesday that it would launch a fresh bidding process in order to find a suitable operator. In a press release, the company stated that three wells in operation produce around 21 million cubic foot of gas each day.

After a nationwide blackout, power is beginning to return to Venezuela

Posted to Maritime Reporter on August 30, 2024

On Friday afternoon, power began to be restored in some areas of Venezuela after the capital Caracas as well as much of the rest the country had been plunged into an earlier blackout. The government blamed the opposition for the blackout without providing any evidence.

REVIEW-Olympics-Change of the guard as Dutch dominate wind and water

Posted to Maritime Reporter on August 10, 2024

The wind or lack thereof was a challenge for Olympic sailors, officials, and broadcasters. However, the tight racing brought about a change in the sailing world as foiling became a standard. The Netherlands led the way with two golds, followed by Italy…

Olympics-Canoeing-Czech Fuksa finally lands gold

Posted to Maritime Reporter on August 9, 2024

Martin Fuksa, who is in France for his third Olympics, came to France with the goal of winning the Olympic gold medal. After two previous fifth-place finishes, he won it on Friday. The Czech won the 500m men's single canoe race with an Olympic record of 3:43.16.

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on August 8, 2024

Noah Lyles will be looking to become first American to win Olympic sprint double in 40 years at the Games. More than 30 medals will be awarded throughout the day in athletics as well as sailing, boxing taekwondo wrestling and track cycling.

PARIS OLYMPICS: what you should know now

Posted to Maritime Reporter on August 8, 2024

Noah Lyles will be looking to make history on Thursday by becoming the first American to win the Olympic Sprint Double in 40 years. Throughout the day there will be more than 30 medals available, in sports such as athletics, boxing taekwondo wrestling, and sailing.

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