Posted to Maritime Reporter
on
July 23, 2024
Transnet, a troubled South African logistics company, has been approved for a $1 billion loan by the African Development Bank. The bank and Transnet announced this on Thursday. Transnet, the state-owned company in South Africa, has struggled…
Posted to Maritime Reporter
on
July 23, 2024
Shipping data released on Thursday shows that the number of LNG tankers awaiting loading at Freeport LNG, Texas, has increased since last week when the U.S.'s second largest LNG exporter halted its processing in anticipation of Hurricane Beryl. Beryl hit Texas on July 8, near Matagorda.
Posted to Maritime Reporter
on
July 23, 2024
Shipping data released on Thursday shows that the number of LNG tankers waiting at Freeport LNG, Texas, has increased since last week when the U.S.'s second largest LNG exporter halted its processing in preparation for Hurricane Beryl. Beryl hit Texas on July 8, near Matagorda.
Posted to Maritime Reporter
on
July 23, 2024
European traders reported on Thursday that Algeria's state grain agency OAIC purchased between 700,000.00 and 750,000 metric tonnes of milling wheat at an international auction on Wednesday. The estimate of 600,000 tonnes by traders on Wednesday evening was lower.
Posted to Maritime Reporter
on
July 23, 2024
European traders reported on Thursday that Algeria's state grain agency OAIC purchased between 700,000.00 and 750,000 metric tonnes of milling wheat at an international auction on Wednesday. The estimate of 600,000 tonnes by traders on Wednesday evening was lower.
Posted to Maritime Reporter
on
July 23, 2024
On Thursday morning, the mayor of Novorossiisk in Russia's Black Sea port issued a sea-drone alert that lasted more than two full hours. Meanwhile, a group unmanned Ukrainian boats were destroyed near Crimea. In his first message sent via Telegram…
Posted to Maritime Reporter
on
July 23, 2024
European traders reported that Algeria's state grain agency OAIC had bought at least 600.000 metric tons milling wheat during an international auction which closed on Wednesday. Some traders estimate the volume at 700,000-800,000 tons. Most…
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.
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.
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.
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…
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.
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…
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.
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…
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.
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…
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.
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…
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…
