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Mosaic Co News

25 Apr 2019

Floods Stall Inland Fertilizer Barge Shipments

Inland waterways with St. louis in the background. (Credit: St. Louis Regional Freightway)

Farm supplier CHS Inc has dozens of loaded barges trapped on the flood-swollen Mississippi River near St. Louis - about 500 miles from the company's two Minnesota distribution hubs.The barges can't move - or get crucial nutrients to corn farmers for the spring planting season - because river locks on the main U.S. artery for grain and fertilizer have been shuttered for weeks. High water presents a hazard for boats, barges and lock equipment.Railroads have also been plagued by delays from winter weather and flooding in the western Midwest…

24 Sep 2017

PPP Investment in Port Tampa Bay

Port Tampa Bay approved a public-private partnership (PPP) agreement with four other entities to divvy up who will pay for a $60 million widening and extension of the Big Bend Channel. The strategic partners include the U.S. Army Corps of Engineers, the Florida Department of Transportation (FDOT), Tampa Electric Co. and Mosaic Co., a global fertilizer company which is one of port's largest tenants along with Tampa Electric. The port's board of commissioners unanimously approved the participation agreement at a monthly meeting on Tuesday. The Big Bend Channel connects to the Tampa Harbor main channel and will be deepened from 34 feet to 43 feet and widened from 200 feet to 250 feet to accommodate larger ships.

17 Jun 2016

Canpotex Shelves Plans for British Columbia Shipping Terminal

Image: Canpotex Ltd

Canpotex Ltd, the potash export sales arm for Potash Corp of Saskatchewan, Mosaic Co and Agrium Inc, said on Friday it would not build a planned shipping terminal at Prince Rupert in British Columbia. Canpotex said the decision was based on economic and commercial considerations and that its export capacity in Vancouver, Saint John and Portland were sufficient. Potash Corp Chief Executive Jochen Tilk had said in January that the suspension of production at an eastern Canadian mine could lead Canpotex to shelve plans to build the terminal.

20 Apr 2007

Maritime Organizations to Have a Role in Finding New Port Chairman

On the heels of Tampa Port Authority Chairman Steve Pinney announcing his plan to resign from the board, the port has formally begun the process of replacing him. The Port Authority will soon send a formal letter to the Port of Tampa Maritime Industries Association and the Propeller Club confirming Pinney's resignation, effective June 1. From there, the two organizations will come up with a shortlist of nominees that have maritime industry backgrounds, port officials said. Gov. Crist will select Pinney's successor. In the meantime, Pinney will focus on his executive responsibilities at Mosaic Co., which has relocated him to a position at its Plymouth, Minn. headquarters. Source: Tampa Business Journal