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Bangladesh announces tender for 50,000 T of wheat, traders claim

Posted to Maritime Reporter on October 7, 2024

European traders reported on Monday that Bangladesh's state grain buyer had issued an international bid to purchase 50,000 tons of milling Wheat. They said that the deadline for submitting price offers was October 22. CIF terms are used to determine the price offered in the tender.

Egypt's GASC says it will disclose any direct wheat deals when asked about a reported deal.

Posted to Maritime Reporter on October 4, 2024

In response to an earlier report this week regarding a direct contract for monthly wheat supplies, Egypt's state grain buyer stated on Friday that it is fully committed to disclosing all deals or tenders completed by the authority. The General…

Jordanian traders claim that the country will buy up to 120,00 metric tons of feed barley.

Posted to Maritime Reporter on October 4, 2024

European traders reported on Friday 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 October 9. Jordan's failure to purchase 120…

Shipping stocks slide after US port strike ends

Posted to Maritime Reporter on October 3, 2024

Shipping shares fell across Asia Friday, after U.S. port operators and workers reached an agreement to end the strike at docks on the East Coast and Gulf Coast much sooner than expected. Evergreen Marine, Wan Hai Lines, and Yang Ming Marine…

No alternative routes for Spanish olive oil after US port strike

Posted to Maritime Reporter on October 3, 2024

In the wake of a recent strike in U.S. East Coast and Gulf Coast ports, olive oil exporters from Spain, the largest producer in the world, warned that there were no viable alternatives to reach the lucrative U.S. market. Asoliva, the Spanish association of olive oil producers and exporters…

In September, ARA's gasoline exports to West Africa reached a multi-year low.

Posted to Maritime Reporter on October 3, 2024

The Belgian law that restricts the export of low-quality fuels, and financial constraints on the part of Nigerian importers are making it difficult for buyers in Northwest Europe to sell gasoline to West Africa. They will have to look at other…

Kazakhstan wants clarification from Russia on grain transit stop

Posted to Maritime Reporter on October 3, 2024

Kazakh officials announced on Thursday that Kazakhstan had halted its grain exports to Russia. They also said they asked Moscow to prove the claims of having violated plant health rules, which Moscow cited as the reason for a ban on imports and transits of Kazakh grain.

Sources: Egypt's GASC has agreed to a large direct wheat contract

Posted to Maritime Reporter on October 2, 2024

Two sources who have direct knowledge of this matter said that Egypt's state grain buyer had agreed to one of its largest direct wheat contracts for monthly supplies between November and April. One source said that the wheat would be delivered to the General Authority for Supply Commodities…

Egypt increases local wheat purchase price by 10%

Posted to Maritime Reporter on October 2, 2024

The government announced on Wednesday that Egypt had increased its local wheat purchase price by 10%, to 2,200 Egyptian pound ($45.51), per 150 kilograms (ardeb). Hossam El Gahary, vice-chairman of the General Authority for Supply Commodities and state buyer…

Jordan does not purchase 120,000 T of barley, traders claim

Posted to Maritime Reporter on October 2, 2024

European traders claim that Jordan's state grain purchaser is not believed to have purchased any barley in the international tender for animal feed barley, which closed on Tuesday. Viterra, Bunge Ameropa, and Al Dahra are believed to have participated. The prices offered were not disclosed.

Jordanian traders report that Jordan has 4 participants in the 120,000 T barley auction.

Posted to Maritime Reporter on October 2, 2024

According to traders, four trading companies have so far participated in the international bid of Jordan's state grain buyer for up to 120,000 tons animal feed barley to be purchased on Wednesday. Traders said that Viterra, Bunge Ameropa, and…

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.

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

Posted to Maritime Reporter on October 2, 2024

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 October 8. Traders had expected a new announcement after Jordan failed to purchase 120…

CNBC reports that Novo Nordisk has plans in place to mitigate the impact of port strikes on its business.

Posted to Maritime Reporter on October 1, 2024

CNBC, citing a spokesperson for the company, reported Tuesday that Danish drugmaker Novo Nordisk had mitigation plans in place in order to minimize or avoid any disruption in its production caused by sea port strikes in United States. Reports…

Fed's outlook is further impacted by the US port strike

Posted to Maritime Reporter on October 1, 2024

Officials at the U.S. Federal Reserve were also shocked by the COVID-19 pandemic, which has caused a massive disruption to global supply chains. They thought that the impact of backed-up container ships and disrupted ports would only cause "temporary" inflation.

Morocco will import more wheat than France from Russia in 2024/25: grain traders chief

Posted to Maritime Reporter on October 1, 2024

Omar Yacoubi, head of the Moroccan grain trader's association (FNCL), said that Russia will surpass France as Morocco's leading soft wheat supplier in 2024/25. Morocco must import 5 million tons of soft grain after a poor domestic harvest caused by drought, said the official.

Jordan has 5 bidders in the 120,000 T wheat auction, traders claim

Posted to Maritime Reporter on October 1, 2024

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. They said that they believed the participants to be CHS Cargill…

New Fortress Energy exports Mexico's first LNG cargo

Posted to Maritime Reporter on September 30, 2024

New Fortress Energy, a U.S. energy company that specializes in infrastructure development, said it shipped its first shipment of liquefied gas from Mexico to the United States on Monday. This was after the start-up of the floating facility worth $1 billion in the Gulf of Mexico had been delayed.

Data shows that a sanctioned LNG tanker passes through the Suez Canal.

Posted to Maritime Reporter on September 30, 2024

LSEG data revealed on Monday that the Pioneer tanker sanctioned by America for its links with Russian-sourced liquefied gas (LNG) has passed through Suez Canal carrying an LNG cargo. It was not immediately known where the LNG-flagged Pioneer would be heading or what its source was.

Storm John disposes nearly one meter of rain on southern Mexican state

Posted to Maritime Reporter on September 27, 2024

devalued to tropical anxiety, however its residues poured a. deluge of almost 100 cm (39 inches) of rain on the southern. state of Guerrero. 4 days of constant rain splashing the home state of major. beach resort Acapulco have actually practically tripled the rainstorm from last.

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