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China's crude oil imports in August fell 7% due to weak demand and margins at the refineries

Posted to Maritime Reporter on September 10, 2024

Customs data released on Tuesday showed that China's crude imports fell by 7% in August compared to the same period last year. This was due to weak refining margins, low fuel consumption, and a continued decline in demand. However, shipments have recovered from their lows.

FLC, a South Korean company, buys corn up to 68,000 t from the U.S.

Posted to Maritime Reporter on September 6, 2024

The Feed Leaders Committee of South Korea (FLC) bought between 66,000 and 68,000 metric tonnes of animal feed corn that was expected to come from the United States on Thursday in a late private deal without issuing a tender to international buyers, European traders reported on Friday.

Traders say a group in Thailand purchased approximately 146,000 T of feed wheat.

Posted to Maritime Reporter on September 5, 2024

A group of importers in Thailand purchased approximately 146,000 metric tonnes of animal feed wheat from optional origins during a Wednesday-closed tender, European traders reported on Thursday. According to reports, the purchase involved two consignments of 73…

Myanmar rice is the lowest priced in Indonesian tender, traders claim

Posted to Maritime Reporter on September 3, 2024

European traders reported on Tuesday that the lowest price in an international tender by Indonesian state purchasing agency Bulog for up to 350,000 tons of rice, was $545 per ton (cost and freight) for rice that is expected to come from Myanmar.

India's road ministry looks for tax cuts for flexi-fuel vehicles

Posted to Maritime Reporter on September 2, 2024

think about lowering taxes on flexiblefuel lorries as part of a. drive to cut carbon emissions in the world's 3rd greatest oil. consuming nation. Road Transportation Minister Nitin Gadkari said the goods and. services tax (GST) on flexi-fuel automobiles need to be cut to 12%,.

Traders to deliver record diesel volumes by supertanker from Asia in August

Posted to Maritime Reporter on August 29, 2024

next month, data from trade sources and shiptrackers revealed. information and two trade sources. rates, stated LSEG Oil Research study experts in an e-mail. , and major trader Trafigura, the information showed. ADNOC and Trafigura both declined to comment. did not react to an ask for comment.

Asia leads in fuel oil imports from Nigeria's Dangote, but volumes may decline

Posted to Maritime Reporter on August 29, 2024

for the remainder of the year. at the world's largest bunker hub Singapore. showing up in September, data from analytics firm Kpler revealed. 700,000 heaps this year. ahead. sources said. remark. Processing lower-sulphur crudes such as U.S. senior analyst at LSEG Oil Research.

Jordan purchases 60,000 metric tonnes wheat in tender, traders claim

Posted to Maritime Reporter on August 27, 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 it was estimated to have been purchased from Ameropa at a cost and freight rate…

South Korea's FLC purchases 68,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on August 27, 2024

The Feed Leaders Committee of South Korea (FLC) bought around 68,000 metric tonnes of animal feed corn from South America on Tuesday in a private transaction without holding an international tender. The corn cost was estimated at $232.99 per ton, including freight.

South Korea's KFA buys estimated 66,000 T corn, traders say

Posted to Maritime Reporter on August 27, 2024

European traders reported that the Korea Feed Association (KFA), which is a trade association for animal feed, purchased approximately 66,000 metric tonnes of animal feed corn at an international auction on Tuesday. The corn was expected to come from South America.

British maritime agencies report an incident off Yemen coast

Posted to Maritime Reporter on August 26, 2024

United Kingdom Maritime Trade Operations said that it received a report on Monday of an incident 61 miles south-east of Yemen's Mokha. UKMTO reported the captain of an unmanned surface vessel (USV) in close proximity to his vessel. Two other small boats were also observed…

China fines Sinograin, others for transporting cooking oils in unclean tankers

Posted to Maritime Reporter on August 26, 2024

State media reported that China fined Sinograin, a state-owned stockpiler of cooking oil, and six other firms an aggregate of 11 million yuan (1.54 million dollars) for the use of fuel tanks to transport cooking oils in a scandal which eroded trust in food safety regulations.

Ukraine's Navy claims it destroyed a Russian ferry during an attack

Posted to Maritime Reporter on August 23, 2024

The Ukrainian Navy confirmed Friday that it destroyed a ferry that was being used to transport fuel and weapons into occupied Crimea. Local authorities said earlier that the ferry had been damaged and set on fire in the attack Thursday in the southern Krasnodar Region of Russia.

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

Posted to Maritime Reporter on August 22, 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 August 28. Jordan's failure to purchase 120…

UKMTO reports that a ship has reported damage following an encounter with a vessel without crew off Yemen.

Posted to Maritime Reporter on August 22, 2024

A vessel reported a minor explosion near it after a collision with an uncrewed ship 57 nautical mile south of Yemen's Aden port, the United Kingdom Maritime Trade Operations said on Thursday. The ship and crew were in good health and the vessel was moving to its next destination.

South Korean mills purchase 50,000 T of wheat from the U.S.

Posted to Maritime Reporter on August 21, 2024

European traders reported that a group of South Korean mills purchased an estimated 50,000 tons of milling grain to be sourced in the United States at an international auction on Wednesday. All the wheat was purchased FOB for shipment between October 16 and November 15.

Sources say that Rosneft has resumed LPG deliveries from the Rospan unit following a fire.

Posted to Maritime Reporter on August 21, 2024

Two industry sources said on Wednesday that Rosneft had resumed the loading of liquefied petrol gas (LPG), following a disruption caused by an fire last month. Data from commodity exchanges also showed this. Sources said that the shipments were resumed this week after being halted since July.

Lukashenko releases a TV journalist and a union leader from Belarus in newest prisoner release

Posted to Maritime Reporter on August 21, 2024

Human rights activists reported that Belarusian president Alexander Lukashenko had freed 13 prisoners who were convicted of political crimes, including an old trade unionist, and a former journalist for state television suffering from a tumor in the brain.

South Korea's MFG purchased up to 60,000 t of soymeal from traders

Posted to Maritime Reporter on 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.

Jordan Issues a tender to Buy Up to 120,000 Metric Tons of Wheat

Posted to Maritime Reporter on 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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