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June 13, 2024
European traders reported on Thursday that the Lebanese Government is believed to have bought about 63,000 metric tonnes of wheat at a tender. All were expected to come from Ukraine. Wheat was needed for quick shipment to Lebanon. The purchase included 57…
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June 13, 2024
Under Ferdinand Marcos Jr., the relationship between Manila and Beijing has soured. Manila is now turning back to the United States for support in its maritime disputes against China. Marcos will visit Beijing for three days, where he will meet…
Posted to Maritime Reporter
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June 12, 2024
Retailers, manufacturers, and other shippers are already dealing with higher costs and longer transit times due to labor talks in U.S. port on the East Coast. The contract of the International Longshoremen's Association, which covers 45,000 dockworkers in three dozen ports from Maine to Texas…
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June 12, 2024
West Coast traders and U.S. refiners are expressing concerns over the quality of crude oil shipped via the recently completed Trans Mountain Pipeline expansion (TMX). They warn that a high vapor pressure limit and an acidity limit could discourage the purchase of Canadian heavy barrels.
Posted to Maritime Reporter
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June 12, 2024
Mountain Valley Pipeline, a U.S. natural-gas pipeline company, said it would begin preparing its $7.85 billion pipe that runs from West Virginia to Virginia after obtaining approval from the U.S. Energy regulator. Since construction began in 2018…
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June 12, 2024
According to a Walking Borders report released on Wednesday, an unprecedented number of migrants died at sea trying to reach Canary Islands in Spain during the first five month period of 2024. According to the group, between Jan. 1, 2011 and May 31…
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June 12, 2024
The U.S. Treasury Department announced on Wednesday new sanctions against over 300 entities and people to cut off Russia's ability to access products and services necessary to maintain military production in Ukraine. This includes dozens of Chinese component suppliers.
Posted to Maritime Reporter
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June 12, 2024
The presidency of the Democratic Republic of Congo announced on Wednesday that more than 80 people were killed in a boating accident on the River Kwa, in the province of Mai-Ndombe in the DRC. In the Congo's waters, boat accidents can be deadly. The vessels are often overloaded.
Posted to Maritime Reporter
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June 12, 2024
The Baltic Exchange’s main sea freight indicator, which tracks the rates of ships transporting dry bulk cargoes, edged up on Wednesday, as gains in panmax vessels offset declines in larger capesize segments. * The overall index which includes rates for Capesize…
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June 12, 2024
Mountain Valley has received approval from the U.S. Federal Energy Regulatory Commission to begin operating its $7.85billion Virginia natural gas pipeline, according to a Tuesday filing. Since construction began in 2018, the Mountain Valley Project…
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June 12, 2024
European traders reported on Wednesday 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 for the tender is 26 June. The tender sought a number of combinations between 50…
Posted to Maritime Reporter
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June 12, 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 a variety or origins. European traders confirmed this on Wednesday. The deadline for submitting price offers is June 25, 2018.
Posted to Maritime Reporter
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June 12, 2024
United Kingdom Maritime Trade Operations said that a small boat struck a merchant ship who reported an incident on Wednesday in the Red Sea. Two maritime sources, who spoke on the condition of anonymity said that there was damage to the vessel in what seemed like a deliberate assault.
Posted to Maritime Reporter
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June 12, 2024
West Coast traders and U.S. refiners are expressing concerns over the quality of crude oil shipped via the recently completed Trans Mountain Pipeline expansion (TMX). They warn that high vapor-pressure and acidity limitations could discourage purchases of Canadian heavy barrels.
Posted to Maritime Reporter
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June 12, 2024
Government officials say that the reopening this week of Baltimore's main ship channel, less than three month after the Key Bridge collapse, was made possible by the expertise from the COVID task force and a collapsed highway overpass, as well as the 2021 Infrastructure Law.
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June 12, 2024
DFS Furniture, a British company, said it expects a lower profit for the year, due to a subdued upholstery market, delays in customer deliveries, and increased freight costs as resulting from Red Sea disruptions. The company that operates in…
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June 12, 2024
Data from the Agriculture Ministry showed that Ukraine's grain sales in the July-June 2023/24 marketing season were up to 48.4 millions metric tons on June 12 compared with 46.7 million tons at the same time in 2023. Total volume includes 1.45 million tonnes sent abroad since June's start.
Posted to Maritime Reporter
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June 12, 2024
Navigation authorities reported that the Rhine river in southern Germany was reopened for cargo shipping Wednesday, after it had been closed Tuesday due to high water. The German agency for inland navigation said that the water level has dropped…
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June 12, 2024
The Danish company announced on Wednesday that the renewable energy group Orsted would install a Tesla Megapack storage system in connection with Britain's Hornsea 3 off-shore wind farm. As the production of renewable energies increases, energy…
Posted to Maritime Reporter
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June 12, 2024
According to market and ship tracking data, Singapore, Asia's main oil hub, is set to receive this week the first cargo of low-sulfur straight-run fuel (LSSR) oil exported from Nigeria's newly built Dangote refinery. The newly-commissioned refinery…
