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Traders say Algeria is a pass for corn and barley.

Posted to Maritime Reporter on August 27, 2024

European traders reported on Tuesday that Algerian state agency ONAB rejected all bids and did not make any purchases in tenders which closed last Thursday for up to 112,000 metric tons animal feed corn and 35,500 tons feed barley. It was not clear what the outcome of an auction for 40…

Suez Canal revenues drop as some shippers avoid the Red Sea

Posted to Maritime Reporter on July 23, 2024

The Suez Canal’s annual revenue fell by almost a quarter during its most recent financial year, as some shippers chose alternative routes in order to avoid being attacked by Houthis who are aligned with Iran in the Red Sea. Osama Rahbie, head…

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