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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.
Posted to Maritime Reporter
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August 9, 2024
China's Ningbo Zhoushan Port is one of the busiest in the world. State media reported that an explosion occurred on a container vessel on Friday. According to state media, no casualties have been reported following the explosion on YM Mobility around 1:40 p.m.
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August 8, 2024
British Airways announced on Thursday that it would stop flights from October 26 to November 2025. It did not elaborate on why. IAG-owned carrier will continue to fly daily between Shanghai and Hong Kong. The Russian airspace is now off limits to European and British airlines…
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July 31, 2024
European traders reported that the MFIG buying group in Taiwan purchased about 65,000 metric tonnes of animal feed grain expected to come from Brazil during an international auction on Wednesday. They said that the yellow corn purchased was at a premium estimated to be 194.99 U.S.
Posted to Maritime Reporter
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July 30, 2024
According to market data and LSEG on Tuesday, Russian shipping company Sovcomflot began transporting Urals crude to Asia this year via the Northern Sea Route. Melting ice has opened the Arctic transit route to transit shipments. Russia is looking for alternative routes from western ports to Asia…
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July 26, 2024
European traders reported on Friday that the Taiwan Flour Millers' Association had issued a tender for an estimated 105.650 metric tons grade 1 milling grain to be purchased from the United States. The deadline to submit price bids in the tender is August 1.
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July 26, 2024
M exico wants to import more motor oil than originally planned for the next year to compensate for delays with its new Olmeca refining plant, according to a half dozen traders, marking a U-turn from state energy company Pemex. The purchases…
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July 23, 2024
Shipping data from LSEG & Kpler revealed that a tanker involved in a collision last week near Singapore entered the Bertam floating oil storage terminal area on Monday morning, after being intercepted on Sunday by local authorities. On Friday…
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July 23, 2024
Malaysia's Coast Guard said on Saturday one of two large oil tanks involved in an accident that resulted in fires on both vessels had left the scene of the accident. It was also believed that the tracking system of that tanker had been turned off.
Posted to Maritime Reporter
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July 23, 2024
India has increased its purchases of Russia’s Far East ESPO blend oil for arrival in June and July, as China, a major buyer of this grade, purchased less. This was confirmed by two sources who are involved in the Russian crude oil trade and LSEG data.
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July 12, 2024
The Feed Leaders Committee of South Korea (FLC) purchased approximately 65,000 metric tonnes of animal feed wheat late Thursday in a private transaction without issuing a tender to the international market, European traders reported. Wheat was estimated to have cost $264.80 per ton, c&f.
Posted to Maritime Reporter
on
July 11, 2024
Major Feedmill Group in South Korea (MFG) issued a tender for the purchase of up to 140.000 metric tons animal feed corn, which must be purchased from South America or South Africa alone, European traders reported on Thursday. The deadline to submit price bids in the tender is on Friday, July 12th.
Posted to Maritime Reporter
on
July 10, 2024
European traders reported that a group of South Korean mills purchased an estimated 90,000.00 metric tons milling wheat from the United States of America and Canada on Wednesday in an international auction. They said that the purchase included 50…
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July 3, 2024
Two sources familiar with the operations of the company said that Russia's Sakhalin-2 Project has been suspending its oil production since June due to planned maintenance and repairs on its LNG plant. Sources claim that the maintenance of the…
