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Jordanian traders claim that they will buy up to 120,00 T of feed barley.

Posted to Maritime Reporter on February 6, 2025

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 proposals in the tender is 12 February. Traders…

Mitsubishi charges $439 Million for Offshore Wind Projects in Japan

Posted to Maritime Reporter on February 6, 2025

Mitsubishi Corp., a Japanese company, announced on Thursday that it had taken a 66.8-billion-yen ($438.61-million) impairment charge for its domestic offshore wind project in the nine months ended in December. The trading house announced on…

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

Posted to Maritime Reporter on February 5, 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 February 11. Traders had expected a new announcement after Jordan failed to purchase 120…

Sources say that China has delayed or redirected imports of 600,000 tonnes of wheat.

Posted to Maritime Reporter on February 5, 2025

Two trade sources who have direct knowledge of this matter say that China has delayed the imports of up 600,000 metric tonnes of wheat, mostly Australian, and offered some of those cargoes to buyers other than itself as domestic supplies are reducing demand in the top grain buyer in the world.

Goldman Sachs says that China's retaliatory actions will have a limited impact on energy costs.

Posted to Maritime Reporter on February 4, 2025

Goldman Sachs said on Tuesday that it expected Beijing's retaliatory duties in response to the new U.S. sanctions against Chinese products to have a limited impact on energy costs. The 10% tariff imposed by President Donald Trump on Chinese products went into effect at 12:01 am.

Egypt's GASC signss $700 million loan agreement with the ITFC to boost food security

Posted to Maritime Reporter on February 4, 2025

An Egyptian cabinet announcement on Tuesday revealed that Egypt's General Authority for Supply Commodities has signed a $700-million loan agreement with the Islamic Trade Finance Corporation to boost its efforts in food security. The loan is part of the ongoing cooperation between Egypt…

Jordanian traders report that 5 people participated in the 120,000 t of wheat tender.

Posted to Maritime Reporter on February 4, 2025

Initial assessments indicate that five trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer to buy 120,000 metric tonnes of wheat. Viterra, Al Dahra and Cereal Crops were thought to be the trading houses involved.

Sources say that the daily Tengiz oil production in Kazakhstan reached a record high at the end of January.

Posted to Maritime Reporter on February 3, 2025

Two industry sources who are familiar with the calculations and data say that the daily output of Kazakhstan's biggest field, Tengiz has reached a new record high in late January. This is a 45% increase from the average for 2024. The Kazakh…

Rubio to Panama: China is threatening canal and changes are needed.

Posted to Maritime Reporter on February 2, 2025

A spokesperson for the State Department said that U.S. Secretary Marco Rubio informed Panamanian President Jose Raul Mulino during talks on Sunday that Donald Trump had determined that China's influence threatened the Panama Canal, and that urgent changes were required or the U.S. might act.

Rubio begins Latin America tour with canal and migration talks in Panama

Posted to Maritime Reporter on February 2, 2025

Marco Rubio, the top Trump administration diplomat, began his first overseas visit to Panama on Sunday. He was scheduled to meet Panamanian president Jose Raul Mulino and discuss U.S. concern about Chinese companies that could affect U.S. shipping…

US envoy says China's presence near the Panama Canal is a security issue

Posted to Maritime Reporter on January 31, 2025

Mauricio Clever-Carone, U.S. Special Envoy for Latin America said that China's presence near the Panama Canal was a concern to Panama's national security, just days before the top U.S. diplomat Marco Rubio visited the country. Rubio is scheduled to depart for his first overseas trip on Saturday.

Sources say that traders offer Russian oil for March delivery to India at a lower discount.

Posted to Maritime Reporter on January 31, 2025

After a temporary delay caused by the recent U.S. trade sanctions, which have increased trading costs, Indian sources in the refining industry said that traders have now resumed their offers to Indian refiners of Russian crude cargoes. Washington…

Kazakhstan's KMG offers BGN for up to 520,000 tonnes of CPC Blend each month

Posted to Maritime Reporter on January 31, 2025

Kazmunaigaz, a subsidiary of Kazmunaigaz Group (KMG), awarded Geneva-based BGN up 520,000 metric tonnes per month of CPC Blend in an auction for supply until 2025. Sources say that KMG sold CPC Blend Oil sourced from Tengizchevroil - an operator…

Norway Police arrests ship on suspicion Baltic Sea cable damage

Posted to Maritime Reporter on January 31, 2025

Norwegian police announced on Friday that they arrested a Norwegian vessel with a Russian crew, on suspicion of causing damage to an optical cable in the Baltic Sea. Tromsoe police, in Tromsoe city, north of Norway said that the arrest was made at the request by Latvian authorities.

Jordan bids up to 120,000 t of feed barley for traders

Posted to Maritime Reporter on January 30, 2025

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 proposals in the tender is February 5. Traders…

What aircraft was involved in the mid-air crash that occurred in Washington DC

Posted to Maritime Reporter on January 30, 2025

Officials said that an American Airlines regional passenger plane and a U.S. Army Black Hawk chopper crashed into the icy Potomac River on Wednesday night after colliding in midair near Reagan Washington National Airport. The Sikorsky UH-60…

RIA reports that the Russian nuclear icebreaker suffered damage to its hull lining in Arctic.

Posted to Maritime Reporter on January 28, 2025

The lining of a Russian nuclear-powered icebreaker was damaged while it freed a vessel trapped in Arctic waters. This was reported by the state news agency RIA on Tuesday. The vessel Fifty Years of Victory was said to be operating normally,…

Jordan has 6 bidders in the 120,000 T wheat auction, traders claim

Posted to Maritime Reporter on January 28, 2025

Initial assessments indicate that six trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer for 120,000 metric tonnes of wheat. Participants were believed to include Viterra, Cereal Crops Ameropa Buildcom CHS Al Dahra.

In Libya, protesters disrupt oil loading at Ras Lanuf and Es Sidra ports

Posted to Maritime Reporter on January 28, 2025

Five engineers at the facility said that local protesters stopped the loading of crude oil onto tankers in the ports of Es Sidra and Ras Lanuf, Libya, on Tuesday. In a letter addressed to the state-run National Oil Corporation of the country last week…

Wall Street Journal, Jan 28,

Posted to Maritime Reporter on January 28, 2025

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. The cryptocurrency exchange KuCoin has pleaded guilty to allegations that it was operating as a money-transmitting company without a license in the U.S.

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