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June 21, 2024
According to a company note, a fire at the Tiplam Terminal in Santos' largest port destroyed a conveyor and electrical systems. This caused the suspension of sugar loading from piers 2 & 3 of that terminal. The fire started on site on Thursday evening and was put out by Friday morning.
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June 21, 2024
The U.S. manufacturing sector has barely grown since the outbreak, explaining why the diesel consumption has not recovered as expected at the beginning of the year. According to estimates by the Federal Reserve, production increased faster than expected by 0.9% in may after seasonal adjustments.
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June 21, 2024
Brazil is the first South American to join the SailGP league, which was founded by Oracle cofounder Larry Ellison along with veteran sailor Russell Coutts. The fund will be backed by the Abu Dhabi sovereign wealth fund. The organizers announced…
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June 21, 2024
Major Feedmill Group of South Korea (MFG) bought an estimated 132,000 tons of animal feed in a private transaction on Friday, without issuing a tender to the international market. All of the products were expected to come from South America.
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June 21, 2024
Two sources familiar with Gazprom's trading have said that the Russian gas giant has increased its oil activity to offset the weaker natural gas business over the last year. Due to the deep rift that exists between Russia and Western countries over the Ukraine conflict…
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June 21, 2024
The German network regulator announced on Friday that TotalEnergies, a major oil company, and EnBW, a utility firm won the auction for a 2.5 gigawatt offshore wind site in Germany. This project sold for 3.02 billion euro ($3.22 billion). Klaus Mueller…
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June 21, 2024
Just days after Houthi militants in Yemen sank the second vessel of their attacks that began last November, the first LNG tanker has been sailing through Red Sea since January. Shiptracking data provided by LSEG and Kpler revealed that Asya…
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June 21, 2024
In a Friday tender, the Taiwan Flour Millers' Association bought an estimated 104.150 metric tonnes of milling grain to be sourced in the United States, European traders reported. Two consignments of various types of wheat were purchased for shipment to the U.S. Pacific Northwest Coast.
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June 21, 2024
Shipping data shows that a liquefied gas vessel crossed the Bab al-Mandab Strait and is now sailing through the Red Sea. This is a rare event for LNG shipments after attacks by the Yemeni Houthis against ships in the region. Ship tracking data…
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June 21, 2024
In a Wednesday deal, the Feed Leaders Committee of South Korea (FLC), a group that represents feed producers in South Korea, purchased approximately 66,000 metric tonnes of corn from South America and South Africa. They said that the corn was bought at a cost of $242.99 per ton, including freight.
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June 21, 2024
The Agriculture Ministry announced on Friday that farmers in six Ukrainian regions, including the central and southern regions, have begun the grain harvest for 2024 by threshing 48,300 metric tonnes. Due to the hot weather, the harvest began two weeks earlier than normal.
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June 21, 2024
A letter revealed that ArcelorMittal India's joint venture warned New Delhi trade officials privately about the dangers of curbing imports of an important raw material used in steelmaking. The curbs proposed by the second largest producer of crude iron and steel in the world could affect output.
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June 21, 2024
European traders reported on Friday that the Taiwan Flour Millers' Association had issued an international tender for an estimated 104.150 metric tons grade 1 milling grain to be purchased from the United States. Also, the deadline for submitting price offers is Friday, 21st June.
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June 21, 2024
China's coal output has slightly slowed after rapid growth over the past two years. The energy supply situation is now more stable, which allows the government to concentrate on structural changes that will last a long time. According to the National Bureau of Statistics…
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June 20, 2024
Jacob Wasserman didn't let a bus accident that left him paralyzed stop his dream of competing in a major sport event. His resilience paid off, as he was selected on Thursday for Canada's 2024 Paralympic rowing team. Wassermann will be making…
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June 20, 2024
On Thursday, a luxury cruise ship rescued more than sixty migrants who were trying to reach Spain's Canary Islands on a fishing vessel that was stranded in rough waters. Six people were killed in the incident. In recent years, the archipelago…
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June 20, 2024
Marine biologists moved a pair beluga whales, which were being shelled by Russian forces daily in the Ukrainian city Kharkiv, to Valencia in eastern Spain. They described the rescue as a risky and long international operation. The animals, a 15-year old male Plombir…
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June 20, 2024
Ryder Systems, a Canadian provider of transportation services, said that the trucking industry should be able handle an increase in freight volumes in the event of rail strikes. However it warned that shipping costs may rise. Canadian National and Canadian Pacific Kansas City…
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June 20, 2024
Five people were killed when a fishing vessel that was stranded in rough waters and attempting to reach the Spanish Canary Islands, was rescued by a luxury cruise ship. In recent years, the archipelago became the main entry point for illegal migrants coming from Africa to Spain.
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June 20, 2024
EFE released a statement saying that two people died and nine were injured when a train being tested by Chile's State Railway Company (EFE) collided into a freight train operated by the private rail company Fepasa. In the San Bernardo region…
