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March 6, 2025
The decision by Egypt to transfer its wheat import program to an entity affiliated with the military around four months ago was anything but smooth, as local prices have risen and stocks are falling, traders said. Egypt, which is one of the largest wheat importers in the world…
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March 6, 2025
Ship tracking data revealed that U.S. crude oil exports to India reached their highest level in two years last month, as refiners sought alternatives to Russian tankers and producers after the U.S. tightened sanctions. Kpler's ship tracking data showed that the U.S.
Posted to Maritime Reporter
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March 3, 2025
The Egyptian Ministry of International Cooperation announced on Monday that Egypt and the European Commission had signed a soft funding agreement worth 90 million euros ($93.9 millions) to improve food security. The European Investment Bank's…
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February 27, 2025
European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 133,000 metric tonnes of animal feed corn at an international auction on Thursday. Two consignments of corn were purchased for South Korea, both in May and in June.
Posted to Maritime Reporter
on
February 27, 2025
European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 133,000 metric tonnes of animal feed corn at an international auction on Thursday. Two consignments of corn were purchased for South Korea, both in May and in June.
Posted to Maritime Reporter
on
February 27, 2025
Jordan's state grain purchaser has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline for submitting price offers to the tender is March 11, 2019. Traders had expected a new announcement after Jordan failed to purchase 120…
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February 26, 2025
Marsa Maroc, Morocco’s largest port operator, announced on Wednesday that it had been awarded a contract for the operation of a second terminal in Nador West Med Port on the Mediterranean Coast. The terminal is 18 meters deep and extends along 1440 metres of quay.
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February 26, 2025
According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed grain expected to come from the United States on Tuesday in a private transaction without holding an international tender.
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February 25, 2025
The state grain buyer of Bangladesh has announced a new international bid to buy 50,000 metric tonnes of rice. The deadline to submit price offers is March 11, 2019. After a heavily damaged domestic crop last year, Bangladesh continues to purchase large quantities of rice on international markets.
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February 25, 2025
The leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), purchased around 60,000 tons of soymeal in a private transaction on Friday. This deal was made without announcing an international tender. The estimated price was $364.66 per ton, cost and freight included.
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on
February 24, 2025
European traders reported on Monday that the Algerian state agency ONAB had issued international tenders for up to 240,000 tons of animal feed barley and 35,000 tonnes of feed corn. They said that the deadline for submitting price offers to tenders is on Tuesday, February 25.
Posted to Maritime Reporter
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February 23, 2025
Osama Rabi, the chairman of Egypt's Suez Canal Authority, said that since February 1, 47 ships had been diverted from Cape of Good Hope into Suez Canal. Rabie stated earlier this month that the Red Sea Crisis did not create an alternative route for the canal…
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February 22, 2025
Transpetro is the logistics division of Brazil's Petrobras. It will launch an auction for four new tanks around 2025. Transpetro's chief Sergio Bacci said that the company hopes to include nine more in its strategic plan from 2026-2030. Bacci…
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on
February 20, 2025
The Energy Information Administration reported on Thursday that the U.S. crude stockpiles increased while gasoline and distillate stocks fell as a result of seasonal maintenance at refineries, which led to a lower processing. The EIA reported that crude inventories increased by 4.6 millions barrels…
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on
February 20, 2025
The Energy Information Administration reported on Thursday that U.S. crude stockpiles increased while gasoline and distillate stocks fell. The EIA reported that crude inventories increased by 4.6 millions barrels, to 432.5million barrels during the week ending February 14.
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on
February 20, 2025
The first meeting between Russia and the United States since the beginning of the Ukraine conflict was held to restore relations and prepare the ground for a peaceful resolution. What has been discussed so far? UKRAINE WAR Donald Trump, the U.S. president, says that he wants a quick end to the war.
Posted to Maritime Reporter
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February 19, 2025
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline to submit price offers for the tender is February 25. Traders had expected a new announcement after Jordan failed to purchase 120…
Posted to Maritime Reporter
on
February 19, 2025
Goldman Sachs stated on Wednesday that a potential ceasefire in Ukraine and the resulting easing of sanctions against Russia is unlikely to increase Russia's crude oil flow. The administration of U.S. president Donald Trump said Tuesday that it had agreed to have more talks with Russia. In Ukraine.
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February 18, 2025
Shipbreaking is a global problem that requires urgent attention. On 15 km of coastline, Sitakunda is home to 30 ship-breaking yards. These yards recycle 38% of all dead ships in the world and provide steel scraps to Bangladesh's flourishing manufacturing industry.
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February 17, 2025
Transpetro is a unit of Brazil’s state-run Petrobras. It has launched an international bid to contract eight tankers, and will launch another 13 by the end next year. The tenders form part of ongoing plans for Transpetro to renew its fleet and boost the country's shipping sector.
