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Algeria issues new tender after claiming to have passed on 240,000 T of corn

Posted to Maritime Reporter on November 14, 2024

European traders reported on Thursday that the Algerian state agency ONAB did not purchase any animal feed corn in an auction which ended on Wednesday. The tender was for up to 240.000 metric tons of corn only sourced from Argentina and Brazil.

Jordanian traders claim that they will buy up to 120,00 T of feed barley.

Posted to Maritime Reporter on November 14, 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 November 20. Jordan's failure to purchase 120…

Hapag-Lloyd CEO says Trump's election win is a mixed bag for shipping

Posted to Maritime Reporter on November 14, 2024

Hapag-Lloyd's CEO said that Donald Trump's election as U.S. president sends mixed signals to global shipping. Positive macroeconomic effects could be offset by damaging tariffs. When asked about the prospects of a Trump Administration, CEO Rolf Habben Jansen said…

South Korea's MFG purchased around 65,000 feed grains from the U.S.

Posted to Maritime Reporter on November 14, 2024

Major Feedmill Group, a South Korean company, purchased approximately 65,000 metric tonnes of animal feed wheat from the United States on Wednesday in a deal that was not subject to an international tender. A consignment of a shipment was purchased for an estimated $261.74 per ton c&f…

As Russian trade spreads, EU wheat exports move westwards

Posted to Maritime Reporter on November 13, 2024

Traders said that the European Union is increasingly focusing its wheat exports on the west side of Africa, after Russia dominated major markets in North Africa and Middle East. EU shipments of soft wheat or common wheat are 30 percent below their previous year's level.

US East Coast and Gulf Coast ports employer: No significant progress made on contract issue

Posted to Maritime Reporter on November 13, 2024

This week, the union representing dockworkers on the East Coast and Gulf Coast and a group of employers conducted a second round of contract negotiations. However, they failed to make any significant progress in some key areas. The International…

South Korea's MFG purchases 60,000 metric tonnes soymeal from traders

Posted to Maritime Reporter on November 13, 2024

Major Feedmill Group of South Korea (MFG) bought about 60,000 tons of soymeal on Wednesday in a private transaction, without an international tender. The estimated cost and freight per ton was $373.42, including the surcharge for port unloading. Trading house Olam was thought to be the seller.

South Korea's NOFI purchases about 60,000 T of soymeal from traders

Posted to Maritime Reporter on November 13, 2024

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc. purchased approximately 60,000 metric tonnes of soymeal at an international auction on Wednesday. The estimated price was $379.49 per ton, cost and freight included.

Jordan offers to purchase up to 120,000 tonnes of wheat, traders claim

Posted to Maritime Reporter on November 13, 2024

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from any origin, European traders reported on Wednesday. The deadline to submit price proposals in the tender is November 19.

Novorossiisk oil loadings fell by 19% in Nov.

Posted to Maritime Reporter on November 12, 2024

Two people familiar with the plan on Tuesday said that oil exports from Russia’s Black Sea Port of Novorossiisk will decline from 2.42 millions metric tons to 1,89 million metric tonnes, or about 460,000 barrels per daily, in November, from 2,42 million tons in Oct.

LSEG data shows that India and Saudi Arabia were the top two buyers of Russian VGO fuel oil and VGO in October.

Posted to Maritime Reporter on November 11, 2024

LSEG data and traders' reports show that India 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 in October decreased by 3% compared to September.

Al Masirah TV reports that the US and Britain have launched raids in Yemen's capital Sanaa as well as elsewhere.

Posted to Maritime Reporter on November 10, 2024

Al Masirah TV (the main Houthi-run television news outlet) reported Sunday that the United States and Britain conducted raids in the Yemeni capital Sanaa and the Amran Governorate, among other areas. Residents and media from the Houthi group claimed that nine raids targeted Sanaa and its suburbs…

Chief Executive says that the Panama Canal could double container transit.

Posted to Maritime Reporter on November 8, 2024

In the coming years, the Panama Canal Authority may double the number of containers moving through the important East-West waterway. The canal's head told a maritime convention on Friday. Chief Ricaurte Vazquez said at the Houston International…

Traders say EU wheat exports to Morocco get a tax break

Posted to Maritime Reporter on November 7, 2024

Moroccan importers booked several loads of European Union wheat over the past few days, boosting EU exports amid fierce competition in the Black Sea so far this year, traders reported on Thursday. According to traders, Moroccan buyers purchased…

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

Posted to Maritime Reporter on November 7, 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 proposals in the tender is November 13. Jordan's failure to purchase 120…

ADNOC L&S signs contracts for 23 supertankers worth $4.4bn, according to the state news agency

Posted to Maritime Reporter on November 7, 2024

ADNOC Logistics & Services has signed contracts for $4.4 billion in order to build 23 supertankers that will transport ethane and ammonia, as well as liquefied gas. This was reported by the UAE state news agency on Thursday. ADNOC CEO Abdulkareem Al Masabi stated that the company…

Jordanian traders report that Jordan has issued a tender for 120,000 T of wheat.

Posted to Maritime Reporter on November 6, 2024

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from a variety or origins. European traders confirmed this on Wednesday. The deadline to submit price proposals in the tender is November 12.

South Korean feedmaker purchased 66,000 T of corn in private transaction, traders claim

Posted to Maritime Reporter on November 4, 2024

European traders reported on Monday that Cargill Agri Purina, a South Korean feedmaker, is believed to be the buyer of approximately 66,000 metric tonnes of animal feed corn on Friday in a private transaction without issuing a tender. Optionally…

Egypt resumes its wheat tender after August's failed buying

Posted to Maritime Reporter on November 3, 2024

Egypt's State Grain Buyer, the General Authority for Supply Commodities(GASC), announced on Sunday that it is seeking an unspecified quantity of wheat for an international buying tender for the First Time Since August. It said that the deadline for offers is November 4…

South Korea's KFA Busan purchased 70,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on November 1, 2024

According to European traders, the Korea Feed Association's (KFA) Busan Section in South Korea bought an estimated 70,000 tons of animal feed grain from South America or South Africa on Thursday in a deal that was not subjected to an international tender.

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