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Algeria starts purchasing milling wheat in tender, traders say

Posted to Maritime Reporter on July 23, 2024

stated. expense and freight (c&& f) consisted of, they stated. c&& f. continuing. estimates of prices and volumes are still possible later. from the main supply regions including Europe: Sept. Sept. 16-30. delivery is one month earlier. expanding highly in the Algerian market.

India increases ESPO Blend Oil purchases from June to August as Chinese demand declines

Posted to Maritime Reporter on July 23, 2024

India has increased its purchases of Russia’s Far East ESPO blend oil for arrival in June and July, as China, a major buyer of this grade, purchased less. This was confirmed by two sources who are involved in the Russian crude oil trade and LSEG data.

Jordanian traders report that Jordan has issued a tender for 120,000 T of wheat.

Posted to Maritime Reporter on July 23, 2024

Jordan's national grain buyer issued an international bid to purchase 120,000 metric tonnes of milling wheat that can be sourced in a variety of origins. European traders confirmed this on Wednesday. The deadline to submit price proposals in the tender is 23 July.

Tracking data shows that the oil tanker captured by Iran in 2023 is anchored near the coast of UAE, according to tracking data

Posted to Maritime Reporter on July 15, 2024

Ship tracking data revealed on Monday that a Chevron chartered oil tanker, seized by Iran over a year earlier, has anchored near the United Arab Emirates Port of Khor Fakkan. In April 2023, the Iranian military boarded the Marshall Islands-flagged…

South Korea's FLC purchased about 65,000 T of feed wheat, traders claim

Posted to Maritime Reporter on July 12, 2024

The Feed Leaders Committee of South Korea (FLC) purchased approximately 65,000 metric tonnes of animal feed wheat late Thursday in a private transaction without issuing a tender to the international market, European traders reported. Wheat was estimated to have cost $264.80 per ton, c&f.

Oil spillage from a grounded ship near South African coast

Posted to Maritime Reporter on July 11, 2024

Authorities said that salvage operations were in full gear on Thursday, to prevent an oil spill or pollution along South Africa’s west coast due to a grounded general cargo ship. The Panama flagged "Ultra Galaxy", which started to list badly…

South Korea's MFG bids for 140,000 t corn, traders claim

Posted to Maritime Reporter on July 11, 2024

Major Feedmill Group in South Korea (MFG) issued a tender for the purchase of up to 140.000 metric tons animal feed corn, which must be purchased from South America or South Africa alone, European traders reported on Thursday. The deadline to submit price bids in the tender is on Friday, July 12th.

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

Posted to Maritime Reporter on July 11, 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 proposals in the tender is 17 July. Jordan's failure to purchase 120…

India's Nayara Energy has a rare cargo of vacuum gasoil for Sept

Posted to Maritime Reporter on July 11, 2024

On Thursday, sources in the market reported that Indian private refiner Nayara Energy had issued a very rare tender for vacuum gasoil loading (VGO). Sources said that the refiner had offered 70,000 metric tonnes of VGO, with a maximum of 3% sulphur.

South Korean mills purchase 90 000 T of wheat from the U.S. and Canada

Posted to Maritime Reporter on July 10, 2024

European traders reported that a group of South Korean mills purchased an estimated 90,000.00 metric tons milling wheat from the United States of America and Canada on Wednesday in an international auction. They said that the purchase included 50…

Jordanian traders report that Jordan has issued a tender for the purchase of 120,000 T wheat.

Posted to Maritime Reporter on July 10, 2024

Jordan's national grain buyer issued an international bid to purchase 120,000 metric tonnes of milling wheat that can be sourced in a variety of origins. European traders confirmed this on Wednesday. The deadline to submit price proposals in the tender is 16 July.

Union Pacific largely restores operations to Texas after storm Beryl

Posted to Maritime Reporter on July 10, 2024

Union Pacific announced on Tuesday that it had mostly resumed its operations in Texas, which were impacted by Hurricane Beryl. However, the company expects some interruptions until commercial power and road access are fully restored. Hurricane Harvey slammed the coastal town of Matagorda…

US wheat futures rise on stronger demand

Posted to Maritime Reporter on July 5, 2024

Chicago Board of Trade Wheat Futures spiked Friday due to an increase in demand for U.S. Wheat, thanks to a lower dollar and availability of desirable new crop wheat. Concerns about the U.S. crop being affected by hot, dry weather during its…

US wheat futures rise on stronger demand

Posted to Maritime Reporter on July 5, 2024

Chicago Board of Trade Wheat Futures spiked Friday due to an increase in demand for U.S. Wheat, traders reported. This was due to the weaker dollar as well as the availability of new-crop wheat. Concerns about the U.S. crop being affected by…

Hurricane Beryl will limit shipping at the Port of Brownsville

Posted to Maritime Reporter on July 3, 2024

Port of Brownsville along the U.S./Mexico border announced on Wednesday it would restrict ship traffic because of hurricane Beryl's gale-force winds. Beryl is a Category 4-hurricane heading towards the Gulf. Michael Davis, the Harbor Master of Port Brownsville…

Sakhalin-2 will suspend oil production for planned maintenance at the end of June or early July, according to sources

Posted to Maritime Reporter on July 3, 2024

Two sources familiar with the operations of the company said that Russia's Sakhalin-2 Project has been suspending its oil production since June due to planned maintenance and repairs on its LNG plant. Sources claim that the maintenance of the…

Sources say that the abandoned tanker Lavant is likely to have sunk in Yemen.

Posted to Maritime Reporter on July 3, 2024

Three navy and security sources confirmed that an abandoned tanker drifting near Yemen's coastline in June disappeared and was believed to have sunk. This is the latest vessel lost on the strategically significant Red Sea. This area is on the…

Vitol acquires three LNG bunkering ships

Posted to Maritime Reporter on July 3, 2024

The commodity trader announced in a Wednesday release that Vitol had secured three LNG bunkering ships through its shipping company. The vessels were obtained through a time charter agreement of seven to ten years with Avenir LNG Limited, and…

Venezuelan oil exports in June were almost unchanged, at 760,000 barrels per day

Posted to Maritime Reporter on July 1, 2024

According to shipping documents and data, Venezuelan oil exports in June were mostly flat at 760,000 barrels a day (bpd), as U.S. licences supported the half of shipments for destinations within Europe and the U.S. Washington decided in April…

Maersk CEO: Red Sea disruptions will continue in Q3, Maersk CEO

Posted to Maritime Reporter on July 1, 2024

Maersk, a Danish shipping company, said that disruptions in container shipping via Red Sea will continue through the third quarter. Maersk, among other shipping companies, has diverted ships around Africa's Cape of Good Hope to avoid attacks…

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