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September 25, 2024
European traders reported that the importer group TFMA, based in Thailand, purchased between 60,000 and 65,000 metric tonnes of animal feed wheat during a Wednesday tender for up to 195,000 tones. It was not clear what volume was purchased,…
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September 25, 2024
U.S. firms that depend on East and Gulf Coast ports have imported early, moved goods to the West Coast and even put cargo on expensive flights to hedge against an upcoming strike on Oct. 1, which could disrupt supply chains and ignite inflation in advance of the U.S. Presidential election.
Posted to Maritime Reporter
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September 25, 2024
off the job at seaports on the U.S. East and Gulf Coasts on Oct. 1, cutting off essential trade arteries simply weeks ahead of the. country's governmental election. A strike would hit 36 ports that manage about one-half. of U.S. ocean imports. That might affect accessibility of a variety.
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September 25, 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 October 1. Traders had expected a new announcement after Jordan failed to purchase 120…
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September 25, 2024
In a filing with the South Korean regulatory authorities, Hanwha Ocean announced that it had halted negotiations to buy Austal, an Australian shipbuilder. Austal announced in April that it had turned down a takeover bid of A$1.02 Billion ($701,35 Million) because the Australian and U.S.
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September 25, 2024
Market sources reported that Kuwait Petroleum Corporation (KPC), which operates the Al Zour refinery in Kuwait, will close a tender for low-sulfur fuel oil on Wednesday. The fuel oil is expected to be loaded between October and December of this year.
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September 25, 2024
On Wednesday, the Philippines reported that a Chinese helicopter approached and shadowed its fisheries bureau's aircraft while it was on patrol near disputed Scarborough Shoal. This is yet another confrontation between two countries in an intense dispute over territory.
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September 24, 2024
Euronext wheat prices fell on Tuesday after consolidating a rally the previous day. Traders weighed weather and war risk to Black Sea supplies against signs that Russia, Ukraine and other exporters continue to dominate markets at lower prices.
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September 24, 2024
Yemen's Vice-President stated on Tuesday that the escalation of Middle East hostilities has made it more urgent for regional and global stakeholders to develop a new strategy in order to contain the increasingly well armed Houthi rebels who are backed by Iran.
Posted to Maritime Reporter
on
September 24, 2024
Euronext wheat prices fell on Tuesday after consolidating a rally the previous day. Traders weighed weather and war risk to Black Sea supplies against signs that Russia, Ukraine and other exporters continue to dominate markets at lower prices.
Posted to Maritime Reporter
on
September 24, 2024
Kim Yo Jong - the powerful sister to North Korean leader Kim Jong Un - has criticised the presence in Busan of a U.S. submarine, according to state media KCNA. Kim said it was a sign of U.S. desire to "show off its nuclear strategic assets and increase threats", as reported by KCNA.
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September 23, 2024
The military reported on Monday that at least 30 bodies in decomposition were discovered in a boat floating 70 km (38 miles) off Dakar's coast, the capital of Senegal. In a military statement, it was revealed that the navy had been informed…
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September 23, 2024
Port and military officials confirmed on Monday that an Egyptian warship had delivered a second large cache of weapons to Somalia, including anti-aircraft cannons and artillery. This move is likely to cause further friction between Egypt and Ethiopia.
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September 23, 2024
State television reported that three migrants had died and at least another 25 people were missing after the boat they were on sank off the Greek Island of Samos. The Greek coastguard has said that it has rescued five migrants to date. A search…
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September 23, 2024
European traders reported on Monday that the Iranian state-owned animal feeding importer SLAL had issued an international bid to purchase at least 120,000 metric tonnes of animal feed barley. They said that the deadline for submitting price offers to the tender is Tuesday 24th September.
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September 23, 2024
Bill Thompson was fighting offshore wind farms in the small state of Rhode Island, where he lives. He is now part of a worldwide movement. Thompson, the director of Green Oceans and activist for offshore wind, received an email in April from another group that was also against offshore wind…
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September 23, 2024
Interfax reported Monday that the Russian Black Sea Fleet's aviation division conducted combat drills to destroy unmanned targets at sea and in the air over Black Sea. The agency quoted the ministry to say that "the combat mission tasks were performed in the darkness…
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September 21, 2024
As outgoing U.S. president Joe Biden hosted his counterparts from the Quad, which was formed due to shared concerns regarding China, the leaders of Australia, India and Japan expanded their joint security measures in Asia's richly traded waters.
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September 21, 2024
U.S. president Joe Biden stated on Saturday that China is continuing to "behave aggression" in the South China Sea, Taiwan Strait, and President Xi Jinping uses diplomacy to advance China's interests. Biden made the comments during the Quad Leaders summit in Wilmington, Delaware.
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September 20, 2024
Orange, the French telecom operator, announced on Friday that it will cut 35 jobs at its Viaccess-Orca subsidiary in France as part of a restructuring plan. Orange launched its new strategic plan, "Lead The Future", last year. It was the first one under the leadership of CEO Christel Heydemann.
