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August 19, 2024
Their commander stated that two German warships are waiting for orders from Berlin to determine if they will be the only German naval vessels to have passed through the disputed Taiwan Strait in decades next month, at the risk to escalation tensions with Beijing.
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August 18, 2024
China's Coast Guard stated that a Philippine vessel which ignored their repeated warnings "deliberately" collided with a Chinese ship in a "unprofessional" and "dangerous" manner. China's maritime safety said in one of its statements that the…
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August 16, 2024
Norfolk Southern announced on Friday that it will close all intermodal facility gates to Canadian National Railway immediately, due to an embargo placed by the Canadian railway on all its intermodal shipments. The embargo began on Friday after…
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August 16, 2024
Euronext wheat recovered from near five-month-lows on Friday, led by technical gains in the front-month contracts, although cheaper Black Sea supplies restricted gains and distracted attention from poor harvests across western Europe. Euronext December wheat was up 1.6% at 219…
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August 16, 2024
Data showed that a TotalEnergies SE LNG vessel docked in Bangladesh's Chittagong Port for three weeks will now be heading to the Futtsu Port in Japan as the state-run Petrobangla was unable to offload the cargo on the spot. The ship tracking…
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August 15, 2024
European traders reported on Thursday that Algeria's state grain agency OAIC was believed to have bought about 500,000 metric tonnes of durum wheat at an international auction which closed on Wednesday. Initial estimates of the volume purchased were unclear…
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August 14, 2024
Euronext Wheat fell for the third day on Tuesday, to its lowest level in over four months. Traders said that competition from cheaper Black Sea wheat supplies outweighed disappointing western European harvests. The December wheat price on Euronext was 1.3% lower at 219…
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August 14, 2024
Major Feedmill Group of South Korea (MFG) bought up to 60,000 tons of soymeal on Tuesday in a private transaction without issuing a tender internationally, European traders reported on Wednesday. The estimated cost of the ton (c&f), including any surcharges for port unloading, was $399.95.
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August 14, 2024
According to the German container liner Hapag Lloyd, who spoke with analysts on Wednesday, the global order book for ships, which represents 18% of the fleet of the world, will increase but at a reasonable rate. "I expect that the 18% which is not a concern…
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August 14, 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 optional origins. The deadline to submit price offers for the tender is Tuesday 20th August. The traders had expected…
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August 13, 2024
Euronext Wheat Futures fell on Tuesday for the second day in a row as Egypt's ongoing efforts to secure supply highlighted the availability of Black Sea wheat at lower prices. December wheat, which was the most actively traded position on Paris' Euronext exchange…
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August 13, 2024
In an international auction held on Tuesday, Jordan's state grain buyer bought about 60,000 metric tonnes of hard milling whey from optional origins. They said that the wheat was purchased from CHS for an estimated cost and freight of $259.90 per ton…
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August 13, 2024
The defence ministry reported that the Romanian navy blew up a mine, which had drifted onto its Black Sea coast on Tuesday. Romania, Bulgaria, and Turkey are working together to defuse mines that have been floating in the Black Sea since Russia invaded Ukraine 2022.
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August 13, 2024
The state assets ministry, and the bank BGK announced on Tuesday that Poland will launch a program worth nearly 5 billion euros ($5,46 billion), financed by the European Union recovery funds. This programme will provide loans to the builders of offshore wind farm on the Baltic Sea.
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August 13, 2024
Blackstone, a private equity firm, announced Tuesday that it had sold 3,00 shared-ownership houses to Britain's largest private pension fund. This is a sign that big money managers are increasingly making deals in the UK housing industry. Blackstone…
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August 12, 2024
The United Kingdom Maritime Trade Operations agency (UKMTO), said Tuesday, that a ship's crew reported an explosion 63 nautical mile southwest of Yemen's Hodeidah. In a note of advice, the agency stated that the vessel and crew were safe and that the ship was proceeding to the next port.
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August 12, 2024
European wheat futures declined on Monday, as an Egyptian import bid kept attention on the competitive Black Sea supply. However, unexpected downward revisions in U.S. corn and wheat supply forecasts limited losses. December wheat, which was…
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August 12, 2024
European wheat futures declined on Monday, as an Egyptian import bid kept attention on the competitive Black Sea supply. Expectations that U.S. crop forecasts would increase in a report by the government also weighed on sentiment. The December wheat position…
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August 12, 2024
Harland & Wolff, a British shipbuilder, announced on Monday that it would not be able finalise the accounts for 2023 as a going concern and had suspended its work to finish its unpublished accounting. It is now looking at options to remain afloat.
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August 12, 2024
At Egypt's biggest single tender, Ukrainian wheat was offered at the lowest price of $244 per metric tonne. Traders say this is a premium because of delayed payment terms and lengthy shipping periods. The tender sought 3.8 million tons of cargo to be shipped between October and April.
