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Source: Argentina will tender 5-6 LNG cargoes next week to be used in winter.

Posted to Maritime Reporter on March 13, 2025

Next week, Argentina will begin a process to tender for 5-6 LNG cargoes to meet the gas demand in the coming winter of southern hemisphere. The bid process for five or six shipments will begin on March 17. Source: "The plan is to receive bids during the week of the 25th," said the source.

The outlook for record Chinese soybean imports in the second quarter may ease supply constraints

Posted to Maritime Reporter on March 13, 2025

Analysts and traders said that China will receive record soybean imports during the second quarter after delays in Brazilian shipments, and slow customs clearances, caused a shortage of supply, forcing several processors into a halt. According to a five-firm average…

Algeria announces tender for milling wheat traders claim

Posted to Maritime Reporter on March 10, 2025

European traders reported on Monday that Algeria's state grain agency OAIC had issued a tender for the international purchase of milling wheat. The deadline to submit price offers for the tender is March 12th, with all offers valid until March 13th.

Petrobras to announce new tender for 4 tanker vessels by mid-2025

Posted to Maritime Reporter on February 22, 2025

Transpetro is the logistics division of Brazil's Petrobras. It will launch an auction for four new tanks around 2025. Transpetro's chief Sergio Bacci said that the company hopes to include nine more in its strategic plan from 2026-2030. Bacci…

Petrobras launches tender for 8 gas tankers; 13 more by the end of 2026

Posted to Maritime Reporter on February 17, 2025

Transpetro is a unit of Brazil’s state-run Petrobras. It has launched an international bid to contract eight tankers, and will launch another 13 by the end next year. The tenders form part of ongoing plans for Transpetro to renew its fleet and boost the country's shipping sector.

Petrobras launches tender for 8 gas tankers

Posted to Maritime Reporter on February 17, 2025

Transpetro is a unit of Brazil’s state-run Petrobras. It has announced a tender to contract eight gas tankers, as part of its ongoing plans to replace the vessel fleet. Transpetro said that this move would triple its capacity to transport LPG and enable it to move Ammonia.

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…

French wheat exports fall due to poor crop, Algerian spat and Russian rivalry

Posted to Maritime Reporter on January 27, 2025

France is facing its worst wheat exports for decades due to a rift between Algeria and the European Union, a slump in Chinese demand, as well as a poor harvest. The French farmers who protested in the beginning of this year against falling incomes…

Bretana crude, a niche oil from Peru, is gaining popularity in the US

Posted to Maritime Reporter on January 14, 2025

Bretana crude, a niche oil from Peru, is becoming increasingly popular in the United States. The first cargo was discharged in the U.S. Gulf Coast last month. U.S. refiners are looking for alternatives to Mexican heavy crude. Bretana is a heavy…

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.

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.

Traders say that a group in Thailand purchased around 63,000 T of feed wheat.

Posted to Maritime Reporter on December 11, 2024

A group of animal feed importers in Thailand purchased approximately 63,000 metric tonnes of animal feed wheat during a Wednesday closing tender that sought up to 120,000 metric tons, European traders reported. The price was estimated to be…

More than 20 people are arrested in a cocaine-smuggling investigation between Brazil and Italy

Posted to Maritime Reporter on December 10, 2024

Brazilian and Italian authorities announced that they had launched two joint operations Tuesday to dismantle a transnational conspiracy to transport cocaine using cargo ships or planes from South America to Europe. In Brazil, 18 arrest warrants…

Sources say that Rongsheng Petchem, a Chinese company, will buy heavy oil in February from Canada and Ecuador.

Posted to Maritime Reporter on November 22, 2024

According to sources in the trade, Rongsheng Petrochemical purchased 2.65 million barrels (or 98.4 million gallons) of heavy crude oil for delivery in February from the Americas. Sources said that the three Canadian crude cargoes, each of which is 550…

Louis Dreyfus opens new sugar transshipment facility in Brazil

Posted to Maritime Reporter on November 19, 2024

The agricultural firm Louis Dreyfus announced on Tuesday the construction of a new transshipment sugar terminal in Brazil's Sao Paulo State, which is expected to be finished by mid-2025. Executives from the company claim that the new terminal…

US gasoline stockpiles hit 2-year low on stronger demand, EIA says

Posted to Maritime Reporter on October 30, 2024

The Energy Information Administration (EIA), which is responsible for the U.S. government's energy policy, announced on Wednesday that U.S. gasoline inventories fell to their lowest level in two years last week due to increased demand. Crude…

Potash production is nearing pre-war levels, forcing producers to reduce output

Posted to Maritime Reporter on October 23, 2024

The global potash supply has returned to the levels before the invasion of Ukraine. Russia and Belarus have increased shipments to Asia, South America and Europe to avoid Western sanctions, and to pressure producers to reduce output to avoid an oversupply.

Trade sources claim that Trader Vitol is selling Venezuelan oil to Indian refiners.

Posted to Maritime Reporter on October 8, 2024

Trade sources reported that two Indian state refiners bought 2,000,000 barrels of Venezuelan oil from Vitol, for delivery in November. This is despite the fact that Venezuelan crude shipments continue to increase to what was previously Venezuela's second-largest oil market.

Algeria offers to purchase up to 320,000 t of corn, traders claim

Posted to Maritime Reporter on October 2, 2024

European traders reported on Wednesday that the Algerian state agency ONAB had issued an international tender for up to 320,000 tons of animal feedcorn sourced only from Argentina or Brazil. They said that the deadline for submitting price offers to the tender is Thursday October 3.

Algerian corn tender says it has bought an unknown quantity of South American corn

Posted to Maritime Reporter on September 27, 2024

European traders reported on Friday that Algerian state agency ONAB purchased an unknown quantity of animal feed corn from Argentina or Brazil as part of an international tender which ended on Thursday. The tender was for up to 240.000 tons.
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