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Threatened by environment change, Panama Canal has big strategies to handle dry spell

Posted to Maritime Reporter on December 2, 2024

in the face of an altering climate. Tres Hermanas, with its farms, two schools, churches and a. medical center, is among lots of towns that would disappear. in the next six years if the state-owned Panama Canal's. ambitious $1.6 billion job goes ahead. Locals are.

Traders say that the new sanctions and winter weather will increase freight rates for Russian oil.

Posted to Maritime Reporter on November 29, 2024

Three traders on Friday said that the freight rates for Russian oil transport are expected to increase due to the upcoming winter season and new sanctions imposed against Russian fleet. The UK has introduced the most severe sanctions against Russia's shadow fleet of merchant ships.

Sources: Egypt's Mostakbal Misr does not purchase wheat or vegoil

Posted to Maritime Reporter on November 28, 2024

Sources claim that Egypt's Mostakbal Misr Agency for Sustainable Development has not made any purchases of wheat or vegetable oil on Thursday. The agency was asked to provide more information on the terms of payment and purchasing by companies.

South Korea offers to purchase about 70,000 t of GMO-free soya beans

Posted to Maritime Reporter on November 28, 2024

Agro-Fisheries and Food Trade Corporation, a state-backed company in South Korea, has announced international tenders for the purchase of 70,000 metric tonnes of soybeans of high quality that are free from genetically modified organisms (GMOs), European trader said on Thursday.

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

Posted to Maritime Reporter on November 28, 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 bids in the tender is December 4. Jordan's failure to purchase 120…

Jordanian traders report that 6 people participated in the 120,000 T barley auction.

Posted to Maritime Reporter on November 27, 2024

Traders said that six 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. Viterra, Bunge Al Dahra Ameropa Olam and Dreyfus…

Jordanian traders report that the country has issued a tender for up to 120,000 tons of wheat.

Posted to Maritime Reporter on November 27, 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 bids in the tender is December 3. The traders had expected a new announcement after Jordan's previous tender of 120…

Grain prices fall on better outlook for supply; corn and soy are higher

Posted to Maritime Reporter on November 27, 2024

Chicago wheat futures fell on Wednesday as they gave up gains made in the previous session. This was due to the abundance of supplies coming from newly harvested crops from the Southern Hemisphere. Prices of soybeans rose, but the increase was limited by expectations for large production in Brazil.

EU to add Chinese tankers and firms to Russia sanctions list

Posted to Maritime Reporter on November 26, 2024

EU diplomats have said that European Union envoys are set to discuss on Wednesday a 15th sanctions package in response to Russia’s invasion of Ukraine in 2022, including those affecting tankers transporting Russian oil, and Chinese companies involved in the manufacture of drones for Moscow.

Rains flood Mississippi River; US soy exports at 4-year-high

Posted to Maritime Reporter on November 26, 2024

Government data shows that exporters shipped soybeans at their fastest rate in four years from the busiest U.S. grain port after rain increased water levels in Mississippi River. The Mississippi River is the most important grain waterway in the United States.

South Korea's NOFI buys estimated 133,000 T corn, traders say

Posted to Maritime Reporter on November 26, 2024

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 133,000 metric tonnes of animal feed corn at an international auction on Tuesday. Two consignments of corn were purchased.

South Korea's FLC purchases 65,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on November 26, 2024

The Feed Leaders Committee of South Korea (FLC) bought around 65,000 tons of animal feed in a private transaction on Monday, without launching an international tender. European traders confirmed this on Tuesday. The United States and South America were expected to supply the product.

Algeria offers to purchase 240,000 T of corn and 70,000 t soymeal

Posted to Maritime Reporter on November 25, 2024

European traders reported on Monday that the Algerian state agency ONAB had issued international tenders for up to 240,00 metric tons animal feed corn, and 70,000 metric tons soymeal. The deadline to submit price offers for the tenders is on Tuesday, November 26.

Turkey is selling and exporting 150,000 T of feed barley to traders, they say

Posted to Maritime Reporter on November 22, 2024

European traders reported on Friday that the Turkish state grain board TMO had issued an international tender for the sale and export of approximately 150,000 metric tonnes of animal feed barley. The deadline to submit price proposals in the tender is November 28. Between Dec. 18, 2020, and Jan.

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…

Iran purchased about 60,000 T of barley at the tender, traders claim

Posted to Maritime Reporter on November 21, 2024

European traders reported on Thursday that the Iranian state-owned animal feeding importer SLAL purchased approximately 60,000 metric tonnes of animal feed barley during an international auction seeking around 120,000 tones this week. They said…

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

Posted to Maritime Reporter on November 21, 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 November 27. Jordan's previous barley tender…

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

Posted to Maritime Reporter on November 20, 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 November 26. Traders had expected a new announcement after Jordan failed to purchase 120…

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…

After suspension of traffic due to vessel rudder malfunction, Bosphorus traffic will resume in Turkey

Posted to Maritime Reporter on November 17, 2024

The Transportation Ministry reported that the Nazann tanker with a length of 114 metres had a rudder problem. This caused the suspension of both directions in the Bosphorus Strait in Istanbul. The coast guard sent tugboats to the strait after the vessel had mechanical issues.

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