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China purchases less Russian coal in 2024 regardless of record imports

Posted to Maritime Reporter on January 20, 2025

purchases from other crucial providers, led by Australia, throughout a. record year for coal imports, customs data revealed on Monday. Purchases by China last year reached an all-time high of. 547.2 million tons, or a record 41% of worldwide traded coal,.

Sanctions against Russia include oil tankers that are still being built.

Posted to Maritime Reporter on January 17, 2025

The U.S. imposed sanctions on six Russian oil tankers that are still being built by the Zvezda shipyard in Russia. This is the first time Washington has banned tankers even before they have set sail or carried sanctioned goods. The sanctions…

Traders say that a group in Thailand purchased 195,000 T of feed wheat.

Posted to Maritime Reporter on January 17, 2025

European traders reported on Friday that the TFMA group, which includes animal feed importers from Thailand, is believed to be responsible for purchasing around 195,000 metric tonnes of animal feed wheat during a recent tender. Three consignments were purchased.

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

Posted to Maritime Reporter on January 15, 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 January 21. The traders had expected a new announcement after Jordan's previous tender of 120…

Jordan purchases approximately 60,000 metric tonnes of wheat at tender, traders claim

Posted to Maritime Reporter on January 14, 2025

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 CHS trading house at a cost of $267.60 per ton…

Jordan has 9 bidders in the 120,000 T wheat auction, traders claim

Posted to Maritime Reporter on January 14, 2025

Initial assessments indicate that nine trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer for 120,000 metric tonnes of wheat. Participants are believed to include Viterra, Al Dahra Ameropa Cargill CHS Buildcom Cerealcom Dolj Olam and Aston.

China's crude imports will fall by 2024 for the first time outside COVID

Posted to Maritime Reporter on January 13, 2025

Data released on Monday showed that China's crude imports dropped 1.9% in 2024. This was the first decline in over two decades, outside of pandemics. The data also revealed that fuel demand peaked and a tepid economy growth dampened purchases.

Germany secures oil-tanker that was adrift in the Baltic Sea

Posted to Maritime Reporter on January 10, 2025

Emergency services reported on Friday that a tugboat had stopped a Panama flagged tanker, carrying 99,000 metric tonnes of oil, from drifting uncontrollably off the coast of Germany's Baltic Sea near Ruegen. It said that the 274-metre tanker…

South Korea's MFG purchases estimated 134,000 T corn in tender

Posted to Maritime Reporter on January 10, 2025

stated. South America or South Africa just. South Korea. The seller was stated to be trading house ADM. port unloading for May 20 arrival in South Korea. stated to be trading house Olam. estimates of prices and volumes are possible later on. March 22 and April 10 if sourced from the U.S.

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

Posted to Maritime Reporter on January 8, 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 proposals in the tender is January 14. The traders had expected an announcement after Jordan bought 60…

South Korea's FLC purchases about 65,000 t of feed wheat from the U.S.

Posted to Maritime Reporter on January 8, 2025

The Feed Leaders Committee of South Korea (FLC) purchased approximately 65,000 metric tonnes of animal feed wheat from the United States on Wednesday in a private transaction without issuing a tender to international buyers, European traders reported.

International crude exports dip as trade routes reshuffle once again

Posted to Maritime Reporter on January 7, 2025

refinery and pipeline changes reshuffled trade routes. and providers and purchasers split into areas. exports to Europe declined and more U.S. oil went to Europe. been rerouted to India and China. have shut in Europe in the middle of ongoing attacks on Red Sea shipping.

Sources say that the US is planning to impose more sanctions against tankers transporting Russian oil.

Posted to Maritime Reporter on January 6, 2025

Two sources familiar with the situation said that on Sunday, the Biden administration intends to increase sanctions against Russia for its war in Ukraine. They will target its oil revenues by targeting tankers transporting Russian crude. The…

US prepares more sanctions on tankers carrying Russian oil, sources state

Posted to Maritime Reporter on January 6, 2025

understanding of the matter said on Sunday. workplace on Jan. complaints about the expense of U.S. support for Ukraine. will be. barrel cost cap, the sources stated. so-called shadow fleet of aging ships to evade the cap. professionals say. Since Russia's February 2022 invasion of Ukraine, the U.S.

Venezuela's oil exports in 2024 will rise 10.5% amid political turmoil

Posted to Maritime Reporter on January 3, 2025

Venezuelan oil exports increased 10.5% in the last year, despite the political instability of the country and the changes made to the U.S. sanction regime. This was due to partners of the state oil company PDVSA taking more cargoes with licenses issued by Washington.

Finland Coast Guard secures oil tanker following engine failure

Posted to Maritime Reporter on December 30, 2024

The Finnish Coast Guard said Monday that it would deploy one of its patrol boats and a towboat to help an oil tanker in the Gulf of Finland after its engine failed. It was trying to avoid environmental damage. The coast guard reported that the 183-metre-long (600-foot-long) M/T Jazz…

Moldova's separatist region cuts gas as Ukraine transit deal runs out

Posted to Maritime Reporter on December 29, 2024

Authorities in Moldova's. separatist Transdniestria region on Sunday cut off gas products. to numerous state institutions as a deal enabling Russian gas to. transit through Ukraine concerns an end at the close of the. year. The cutoff was enforced 2 days before the transit deal runs.

Sisi estimates that regional challenges will cost Egypt $7 billion in Suez Canal revenue by 2024.

Posted to Maritime Reporter on December 26, 2024

Abdel Fattah al-Sisi, Egyptian president, said that the Red Sea events and regional challenges will cost Egypt $7 billion in revenue from the Suez Canal by 2024. Sisi, in a statement without giving any details, said that Egypt lost 60% of its canal revenues between 2024 and 2023.

LSEG data: Sanctioned LNG Tanker Mulan headed to Egypt

Posted to Maritime Reporter on December 26, 2024

According to LSEG, a sanctioned LNG-tanker named "Mulan", that approached Novatek’s SAAM FSU floating store facility in Murmansk in December 21, is now sailing around Northern Europe on its way towards Port Said, Egypt. The vessel should arrive at its destination by January 6, 2025.

Owner of Russian cargo ship that sank near the coast of Spain says it was an 'act' of terrorism.

Posted to Maritime Reporter on December 25, 2024

The owner of the Russian cargo vessel Ursa Major, which sank into the Mediterranean Sea on Wednesday, said that the ship was a victim of an "act of terrorism". This statement came from the state news agency RIA. Two of the 16 crew members were reported missing after an explosion in the engine room.

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