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PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on July 27, 2024

The Olympic cauldron has been lit, and the sporting competitions will begin on Saturday. 13 gold medals are up for grabs, including in rugby sevens, judo, and shooting. Due to rain, the men's street skating competition has been postponed. It will now take place on July 29.

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on July 26, 2024

Under a torrential downpour, thousands of athletes took to the Seine River in a ceremony that merged French history, music and fashion. The Games opened with a four-hour ceremony along the Seine, featuring Celine Dion, Lady Gaga and performances that spanned French history and culture.

Taiwan bids on estimated 105.650 T of wheat from the U.S.

Posted to Maritime Reporter on July 26, 2024

European traders reported on Friday that the Taiwan Flour Millers' Association had issued a tender for an estimated 105.650 metric tons grade 1 milling grain to be purchased from the United States. The deadline to submit price bids in the tender is August 1.

Shipping source: Iran releases cargo from oil tanker St Nikolas

Posted to Maritime Reporter on July 25, 2024

A shipping source said on Thursday that Iran had released the oil cargo of the Greek owned, Marshall Islands flagged tanker, which it seized earlier this year in the Gulf of Oman. Source: Iran still holds the vessel M/T Saint Nikolas. The vessel was loaded with 1…

Freeport LNG, Texas, reopened on Thursday following its closure on Wednesday

Posted to Maritime Reporter on July 25, 2024

According to data provided by financial firm LSEG, and a filing made with Texas environmental regulators, the U.S. liquefied gas (LNG), company Freeport LNG is on track to resume service Thursday following a shutdown on Wednesday. Freeport is one the most watched U.S.

Jordanian tenders to purchase up to 120,000 tonnes of feed barley

Posted to Maritime Reporter on July 25, 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 is the 31st of July. Jordan's failure to purchase 120…

Mexico wants to continue fuel imports after delays in refineries

Posted to Maritime Reporter on July 26, 2024

M exico wants to import more motor oil than originally planned for the next year to compensate for delays with its new Olmeca refining plant, according to a half dozen traders, marking a U-turn from state energy company Pemex. The purchases…

Jordan does not purchase 120,000 T of barley

Posted to Maritime Reporter on July 24, 2024

European traders claim that Jordan's state grain purchaser is not believed to have purchased any barley in the international tender for animal feed barley, which closed on Tuesday. Jordan is expected to issue a new tender for feed barley of 120…

Jordanian traders report that Jordan has issued a tender for the purchase of 120,000 metric tonnes wheat.

Posted to Maritime Reporter on July 24, 2024

Jordan's national grain buyer issued a tender for 120,000 metric tonnes of milling wheat that can come from optional origins. European traders confirmed this on Wednesday. The deadline to submit price proposals in the tender is 30 July. Traders…

Singapore Port Authority and Ship Owner to Transfer Naphtha Cargo from Fire-hit Tanker

Posted to Maritime Reporter on July 24, 2024

The MPA announced on Wednesday that Hafnia Oil Tanker owner Hafnia is in discussions with Singapore's Maritime and Port Authority about transferring damaged naphtha cargo to a secure location. On July 19, the tankers Hafnia Nile, flying the Singapore flag…

Brazil Soymeal Exports Reach Record High in July

Posted to Maritime Reporter on July 23, 2024

The Brazilian soybean meal exports were estimated at 2.40 million tons in July. This would be a record monthly high if confirmed by the month's end, according to data released on Tuesday by the grains exporter association Anec. Anec has revised up its July soymeal estimate from the 2…

West, a UK-based ship insurer, has problems with paying claims to a Russian company that is under sanctions

Posted to Maritime Reporter on July 23, 2024

West, a UK ship insurer, said that it would be difficult to pay claims for ships involved with accidents or collisions involving other vessels insured by the sanctions-hit Russian Ingosstrakh. This is another indication of the difficulties with Moscow's oil trading.

UN representative to Yemen says the threat of Houthi to Red Sea shipping has grown.

Posted to Maritime Reporter on July 23, 2024

Hans Grundberg, the U.N.'s Special Envoy for Yemen, told the U.N. Security Council that recent developments in the Red Sea suggest the threat of international shipping by Yemen's Houthis has grown. Grundberg, in a briefing about the situation…

Traders say that Jordan is believed to have passed on 120,000 T of wheat.

Posted to Maritime Reporter on July 23, 2024

European traders claim that Jordan's state grain purchaser is not believed to have purchased any milling wheat in the international tender for 120,000 metric tonnes of milling which ended on Tuesday. The prices were considered too high. In the coming days…

Jordanian traders report that 6 people participated in the 120,000-metric-ton wheat tender.

Posted to Maritime Reporter on July 23, 2024

Initial assessments indicate that six trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer for 120,000 metric tonnes of wheat. They said that Cargill, CHS Viterra, Ameropa, and The Andersons were thought to be participants.

IRGC: Iran's Revolutionary Guards have intercepted a tanker managed by the UAE

Posted to Maritime Reporter on July 23, 2024

The IRGC, along with British security firm Ambrey, announced on Monday that the IRGC had intercepted a tanker flying the flag of Togo, but managed by UAE, carrying 1,500 tonnes of marine gas oil. Ambrey reported that the vessel was carrying…

Freeport LNG resumes exports in Texas as gas processing ramps-up

Posted to Maritime Reporter on July 23, 2024

Freeport LNG, the second-largest liquefied gas exporter in the United States, has resumed shipments following a shutdown of operations due to Hurricane Beryl. The processing is on track to reach half its capacity by Monday, according preliminary LSEG figures.

Freeport LNG resumes exports in Texas as gas processing ramps-up

Posted to Maritime Reporter on July 23, 2024

According to preliminary LSEG information, the U.S.’s second largest liquefied gas exporter, Freeport LNG, has resumed shipments following a shutdown of operations in advance of Hurricane Beryl. The processing is on track to reach half its capacity by Monday.

Ukraine grain exports through Romania's Constanta Port drop by 43.5% in the first half

Posted to Maritime Reporter on July 23, 2024

The port authority reported that Ukraine's grain exported through the Romanian Black Sea Port of Constanta in the first six months fell by 43.5% compared to the same period last year to 4,24 million metric tonnes, because Kyiv was able to rely solely on its ports this year.

Exports of Sasol coal up 5% in spite of production decline

Posted to Maritime Reporter on July 23, 2024

Sasol, a South African petrochemicals firm, increased coal exports in the year ending June 30 by 5%. This was due to improved freight rail performance as well as higher production at their Thubelisha mine. The world's largest producer of fuels…

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