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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.
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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.
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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…
Posted to Maritime Reporter
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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.
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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…
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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…
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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…
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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…
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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.
Posted to Maritime Reporter
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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…
Posted to Maritime Reporter
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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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August 13, 2024
In an international auction held on Tuesday, Jordan's state grain buyer bought about 60,000 metric tonnes of hard milling whey from optional origins. They said that the wheat was purchased from CHS for an estimated cost and freight of $259.90 per ton…
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August 12, 2024
The United Kingdom Maritime Trade Operations agency (UKMTO), said Tuesday, that a ship's crew reported an explosion 63 nautical mile southwest of Yemen's Hodeidah. In a note of advice, the agency stated that the vessel and crew were safe and that the ship was proceeding to the next port.
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August 12, 2024
At Egypt's biggest single tender, Ukrainian wheat was offered at the lowest price of $244 per metric tonne. Traders say this is a premium because of delayed payment terms and lengthy shipping periods. The tender sought 3.8 million tons of cargo to be shipped between October and April.
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August 9, 2024
China's Ningbo Zhoushan Port is one of the busiest in the world. State media reported that an explosion occurred on a container vessel on Friday. According to state media, no casualties have been reported following the explosion on YM Mobility around 1:40 p.m.
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August 8, 2024
British Airways announced on Thursday that it would stop flights from October 26 to November 2025. It did not elaborate on why. IAG-owned carrier will continue to fly daily between Shanghai and Hong Kong. The Russian airspace is now off limits to European and British airlines…
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August 8, 2024
European traders reported on Thursday that Jordan's State Grain Buyer has announced an international tender for the purchase of up to 120,00 metric tons animal feed barley. 14 August is the deadline for submitting price bids in the tender. Jordan's failure to purchase 120…
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August 7, 2024
European traders claim that Jordan's grain buyer, the state-owned company, is not believed to have purchased any barley in the international auction for animal feed barley (120,000 metric tonnes) which ended on Wednesday. Only two companies participated: Ameropa and Viterra.
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August 6, 2024
On Tuesday, the Canada Energy Regulator announced that the final oral argument for the Trans Mountain pipeline expansion will begin on May 14, 2025. Trans Mountain Pipeline expansion (TMX), years behind schedule, and more than fourfold the initial cost.
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August 6, 2024
The General Authority for Supply Commodities (GASC), Egypt's national grain buyer, announced a tender for international purchases on Tuesday for a maximum amount of 3.8 millions metric tons wheat. Offers are due by August 12. GASC wants to buy…
