Posted to Maritime Reporter
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March 19, 2025
ArcelorMittal South Africa announced on Wednesday that it was in discussions with the government and others parties about funding to delay the planned closing of its long-stack steel operation. After discussions with the government, the steelmaker…
Posted to Maritime Reporter
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March 19, 2025
The Turkish government announced on Wednesday a 1,000,000 metric ton limit for the import of animal feed corn. This was published in the Turkish Official Gazette. Imports within the quota are allowed at a lower customs duty. Last summer, Turkey…
Posted to Maritime Reporter
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March 18, 2025
According to traders, Bangladesh's state grain buyer will have to purchase about 50,000 metric tonnes of rice from India as part of an international tender that closed on March 11. The lowest bid in the tender was $429.55 per ton CIF liner.
Posted to Maritime Reporter
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March 14, 2025
European traders reported that the Major Feedmill Group of South Korea (MFG) bought approximately 69,000 metric tonnes of animal feed corn from South America or South Africa at a Friday international tender. A consignment of a shipment was purchased at a cost and freight rate (c&f)…
Posted to Maritime Reporter
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March 13, 2025
According to a Thursday statement, the China Shipowners' Association is against a U.S. proposal that would impose hefty entry fees at ports on ocean cargo carriers who own vessels or have ordered them from China. The association says it violates both international laws and U.S. law.
Posted to Maritime Reporter
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March 13, 2025
Next week, Argentina will begin a process to tender for 5-6 LNG cargoes to meet the gas demand in the coming winter of southern hemisphere. The bid process for five or six shipments will begin on March 17. Source: "The plan is to receive bids during the week of the 25th," said the source.
Posted to Maritime Reporter
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March 13, 2025
European traders reported that Tunisia's grain agency purchased approximately 100,000 metric tonnes of soft wheat at an international tender held on Thursday. Traders said that the lowest price for 25,000 tons of 25,000 tonnes sold by Casillo was $268.67 per ton, including cost and freight.
Posted to Maritime Reporter
on
March 13, 2025
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 on March 19. Traders…
Posted to Maritime Reporter
on
March 13, 2025
DP World, a Dubai owned ports and logistics firm, reported a 28% decline in annual profits on Thursday, citing increased finance costs. The company also highlighted an uncertain outlook because of "geopolitical risk" and a changing global trade landscape.
Posted to Maritime Reporter
on
March 13, 2025
According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed grain from worldwide sources in a private transaction late on Wednesday night without holding an international tender. The…
Posted to Maritime Reporter
on
March 13, 2025
Analysts and traders said that China will receive record soybean imports during the second quarter after delays in Brazilian shipments, and slow customs clearances, caused a shortage of supply, forcing several processors into a halt. According to a five-firm average…
Posted to Maritime Reporter
on
March 12, 2025
The Panama Canal Authority's Ricaurte Vaquez said in a Wednesday video conference that the fees for vessels passing through the canal this year were 15% lower than last year, as the waterway has more capacity. A severe drought that will occur…
Posted to Maritime Reporter
on
March 12, 2025
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 18 March. Traders had expected a new announcement after Jordan failed to purchase 120…
Posted to Maritime Reporter
on
March 11, 2025
A senior executive of Nigeria's national oil company NNPC told reporters on Tuesday that Nigeria would be able meet OPEC production targets. Udobong Nitia is the executive vice president for upstream at NNPC. He said that after years of not meeting OPEC quotas Nigeria finally met them in January.
Posted to Maritime Reporter
on
March 11, 2025
Saudi Arabia and Russia, the top crude oil exporters in Asia, are boosting their cargoes for the region that is world's largest importer. China, which is the largest oil importer in the world, has emerged as the ground zero of the two exporters…
Posted to Maritime Reporter
on
March 11, 2025
Saudi Arabia and Russia, the top crude oil exporters in Asia, are boosting their cargoes for the region that is world's largest importer. China, which is the largest oil importer in the world, has emerged as the ground zero of the two exporters…
Posted to Maritime Reporter
on
March 10, 2025
Vitol CEO Russell Hardy stated on Monday that the recent slowdown in economic growth, both in China and worldwide, has had a negative impact on oil demand. Benchmark oil prices fell to a three-year-low of $68.33 per barrel last week, and traded below $70 on Monday.
Posted to Maritime Reporter
on
March 10, 2025
The U.S. imports of containers increased by 4.7% in February compared to the same month last year, but may drop in the coming months, as the U.S.'s trade war with China, and other trading partners, takes hold. Descartes, a supply chain technology company, said this on Monday.
Posted to Maritime Reporter
on
March 10, 2025
European traders reported on Monday that Algeria's state grain agency OAIC had issued a tender for the international purchase of milling wheat. The deadline to submit price offers for the tender is March 12th, with all offers valid until March 13th.
Posted to Maritime Reporter
on
March 10, 2025
The Maritime and Coastguard Agency announced on Monday that Britain's Coastguard was responding to reports about a collision involving a cargo vessel and a tanker off England's Northeastern Coast. The agency reported that a helicopter, fixed-wing aircraft and lifeboats…
