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November 13, 2024
Traders said that the European Union is increasingly focusing its wheat exports on the west side of Africa, after Russia dominated major markets in North Africa and Middle East. EU shipments of soft wheat or common wheat are 30 percent below their previous year's level.
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November 13, 2024
The European wheat price fell on Wednesday as a result of the continued competition between Russia and Ukraine. Benchmark December milling grain on Paris' Euronext dropped by 1.5% at 1613 GMT to 211.00 Euros, also being dragged lower by a fall in Chicago wheat futures.
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November 13, 2024
This week, the union representing dockworkers on the East Coast and Gulf Coast and a group of employers conducted a second round of contract negotiations. However, they failed to make any significant progress in some key areas. The International…
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November 13, 2024
On Wednesday, a bomb placed under a car in the occupied Crimean city of Sevastopol exploded and killed a senior Russian navy officer. A Kyiv-based security source claimed that this was an attack by Ukraine on its most important target to date.
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November 13, 2024
Major Feedmill Group of South Korea (MFG) bought about 60,000 tons of soymeal on Wednesday in a private transaction, without an international tender. The estimated cost and freight per ton was $373.42, including the surcharge for port unloading. Trading house Olam was thought to be the seller.
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November 13, 2024
European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc. purchased approximately 60,000 metric tonnes of soymeal at an international auction on Wednesday. The estimated price was $379.49 per ton, cost and freight included.
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November 13, 2024
Nexans announced on Wednesday that it would convert its U.S. plant into an export center if Donald Trump's second term as president brought challenges to the offshore wind industry. In Charleston, South Carolina, the French power and data cables specialist makes underwater cables for the U.S.
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November 13, 2024
On Wednesday, a bomb placed under a car in the occupied Crimean city of Sevastopol exploded and killed a Russian soldier. A Kyiv-based security source claimed that this was an attack by Ukraine on a senior naval officer accused of war crime.
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November 13, 2024
Ferretti, the luxury Italian yacht manufacturer, reduced Wednesday its guidance for full-year adjusted core profit (EBITDA), and revenue pending confirmations of U.S. yacht orders in its "composite segment". Ferretti's "Composite Yachts" are the smallest yachts in its three product lines.
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November 13, 2024
Two of the biggest renewables companies in the world warned on Wednesday of potential challenges for the U.S. off-shore wind sector under Donald Trump's presidency, pointing out possible delays for the technology that the president elect has criticized. RWE is the No.
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November 13, 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 any origin, European traders reported on Wednesday. The deadline to submit price proposals in the tender is November 19.
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November 12, 2024
Italian Sea Group's chief executive stated on Tuesday that the company is not responsible for the sinking of Mike Lynch’s superyacht which resulted in the death of the British tech billionaire Mike Lynch and six other people. The Bayesian, a luxury yacht built by Perini Navi in 2008…
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November 12, 2024
Two people familiar with the plan on Tuesday said that oil exports from Russia’s Black Sea Port of Novorossiisk will decline from 2.42 millions metric tons to 1,89 million metric tonnes, or about 460,000 barrels per daily, in November, from 2,42 million tons in Oct.
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November 12, 2024
Hyundai Motor India's first earnings report after listing revealed that the company, which is India's second largest carmaker based on market share, saw a 16.5% drop in its quarterly profit, due to lower sales at home and disruptions along the Red Sea, which hurt exports.
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November 11, 2024
Cecafe, a group representing the industry, said that Brazil exported 4,57 million 60 kg bags of green beans in October. This was the highest monthly export for Brazil. According to Cecafe, the shipments of Brazil, which is the largest producer and exporter of coffee in the world…
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November 11, 2024
LSEG data and traders' reports show that India and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports in October decreased by 3% compared to September.
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November 10, 2024
Japan's Navy reported that a fire broke out on Sunday on a Japanese Warship near the west of the country. One crew member was hospitalised because of smoke installations, and another went missing. Japan Maritime Self-Defence Force said that…
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November 10, 2024
China has rejected Philippine maritime claims, saying that new legislation infringes "severely" on Beijing's territorial sovereignty in the South China Sea and its rights, and has vowed to protect their own interests. On Friday, Philippine President Ferdinand Marco Jr.
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November 10, 2024
On Sunday, a fire broke out aboard a Japanese Self-Defence Forces vessel. According to the national broadcaster NHK, one crew member had been hospitalised for smoke inhalation. The Maritime Self-Defence Force reported that the minesweeper Ukushima…
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November 10, 2024
Al Masirah TV (the main Houthi-run television news outlet) reported Sunday that the United States and Britain conducted raids in the Yemeni capital Sanaa and the Amran Governorate, among other areas. Residents and media from the Houthi group claimed that nine raids targeted Sanaa and its suburbs…
