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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…

British maritime agencies report an incident off Yemen coast

Posted to Maritime Reporter on August 26, 2024

United Kingdom Maritime Trade Operations said that it received a report on Monday of an incident 61 miles south-east of Yemen's Mokha. UKMTO reported the captain of an unmanned surface vessel (USV) in close proximity to his vessel. Two other small boats were also observed…

China fines Sinograin, others for transporting cooking oils in unclean tankers

Posted to Maritime Reporter on August 26, 2024

State media reported that China fined Sinograin, a state-owned stockpiler of cooking oil, and six other firms an aggregate of 11 million yuan (1.54 million dollars) for the use of fuel tanks to transport cooking oils in a scandal which eroded trust in food safety regulations.

Ukraine's Navy claims it destroyed a Russian ferry during an attack

Posted to Maritime Reporter on August 23, 2024

The Ukrainian Navy confirmed Friday that it destroyed a ferry that was being used to transport fuel and weapons into occupied Crimea. Local authorities said earlier that the ferry had been damaged and set on fire in the attack Thursday in the southern Krasnodar Region of Russia.

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

Posted to Maritime Reporter on August 22, 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 offers for the tender is August 28. Jordan's failure to purchase 120…

Canada - Aug 22

Posted to Maritime Reporter on August 22, 2024

These are some of the most important stories in selected Canadian newspapers. These stories have not been verified and we cannot vouch for the accuracy of these stories. After failed negotiations with a major union, Canadian National Railway…

UKMTO reports that a ship has reported damage following an encounter with a vessel without crew off Yemen.

Posted to Maritime Reporter on August 22, 2024

A vessel reported a minor explosion near it after a collision with an uncrewed ship 57 nautical mile south of Yemen's Aden port, the United Kingdom Maritime Trade Operations said on Thursday. The ship and crew were in good health and the vessel was moving to its next destination.

Grain-World supply of wheat is down to a large extent; corn and soybeans are on the rise

Posted to Maritime Reporter on August 21, 2024

Chicago Board of Trade Wheat Futures declined on Wednesday, as world supplies were heavy and Black Sea exports were cheap. Prices fell ahead of an upcoming rail strike in Canada on Thursday. Chicago soybeans ticked up as the U.S. Agriculture…

Lukashenko releases a TV journalist and a union leader from Belarus in newest prisoner release

Posted to Maritime Reporter on August 21, 2024

Human rights activists reported that Belarusian president Alexander Lukashenko had freed 13 prisoners who were convicted of political crimes, including an old trade unionist, and a former journalist for state television suffering from a tumor in the brain.

South Korean mills purchase 50,000 T of wheat from the U.S.

Posted to Maritime Reporter on August 21, 2024

European traders reported that a group of South Korean mills purchased an estimated 50,000 tons of milling grain to be sourced in the United States at an international auction on Wednesday. All the wheat was purchased FOB for shipment between October 16 and November 15.

Sources say that Rosneft has resumed LPG deliveries from the Rospan unit following a fire.

Posted to Maritime Reporter on August 21, 2024

Two industry sources said on Wednesday that Rosneft had resumed the loading of liquefied petrol gas (LPG), following a disruption caused by an fire last month. Data from commodity exchanges also showed this. Sources said that the shipments were resumed this week after being halted since July.

Tunisia purchases 75,000 T of soft wheat at tender, traders claim

Posted to Maritime Reporter on August 21, 2024

European traders reported that Tunisia's grain agency purchased approximately 75,000 metric tonnes of soft wheat at an international auction on Wednesday. They said that traders believed that 50,000 tons of coal was purchased from Aston Trading House in two consignments of 25…

Canada - Aug 21

Posted to Maritime Reporter on August 21, 2024

These are some of the most important stories in selected Canadian newspapers. These stories have not been verified and we cannot vouch for the accuracy of these stories. Data released on Tuesday showed that Canada's annual rate of inflation slowed to a low of 2.5%, which was in line with forecasts.

Fertilizers Canada estimates that rail shutdowns could cost the industry C$63 million a day

Posted to Maritime Reporter on August 20, 2024

Fertilizer Canada warned that disruptions to all rail services in Canada will cost the industry between C$55 ($40.34) and C$63 ($46.21) million in lost revenue. This does not include logistical or operational costs. Canada is the world's largest exporter and producer of potash…

Egypt is still on track to achieve its goal of 3.8 million tonnes by the end of this year

Posted to Maritime Reporter on August 19, 2024

Egypt remains confident of securing its target of around 3.8 million metric tonnes of imported wheat by the end of 2024, through a combination of tenders, direct purchases and government-to-government agreements, a minister said on Monday. Egypt's General Authority for Supply Commodities…

Norfolk Southern shuts down all intermodal facilities ingates with Canadian National

Posted to Maritime Reporter on August 16, 2024

Norfolk Southern announced on Friday that it will close all intermodal facility gates to Canadian National Railway immediately, due to an embargo placed by the Canadian railway on all its intermodal shipments. The embargo began on Friday after…

Algeria purchases about 500,000 T of durum wheat at tender, traders claim

Posted to Maritime Reporter on August 15, 2024

European traders reported on Thursday that Algeria's state grain agency OAIC was believed to have bought about 500,000 metric tonnes of durum wheat at an international auction which closed on Wednesday. Initial estimates of the volume purchased were unclear…

South Korea's MFG purchased up to 60,000 t of soymeal from traders

Posted to Maritime Reporter on August 14, 2024

Major Feedmill Group of South Korea (MFG) bought up to 60,000 tons of soymeal on Tuesday in a private transaction without issuing a tender internationally, European traders reported on Wednesday. The estimated cost of the ton (c&f), including any surcharges for port unloading, was $399.95.

Hapag-Lloyd's global order book is expected to increase, but not at a worrying level

Posted to Maritime Reporter on August 14, 2024

According to the German container liner Hapag Lloyd, who spoke with analysts on Wednesday, the global order book for ships, which represents 18% of the fleet of the world, will increase but at a reasonable rate. "I expect that the 18% which is not a concern…

Jordan Issues a tender to Buy Up to 120,000 Metric Tons of Wheat

Posted to Maritime Reporter on August 14, 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 offers for the tender is Tuesday 20th August. The traders had expected…

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