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Jordan does not purchase 120,000 T of barley, traders claim

Posted to Maritime Reporter on August 7, 2024

European traders claim that Jordan's grain buyer, the state-owned company, is not believed to have purchased any barley in the international auction for animal feed barley (120,000 metric tonnes) which ended on Wednesday. Only two companies participated: Ameropa and Viterra.

Maersk expects global demand to remain steady, but slower.

Posted to Maritime Reporter on August 7, 2024

Maersk, a shipping company, said on Wednesday that global container demand will likely remain positive over the next few quarters. However, it warned of substantial risks. When it released its preliminary earnings for the second quarter last week…

Expeditors second-quarter earnings falls as Red Sea stress weigh

Posted to Maritime Reporter on August 6, 2024

system. Shares of the business were down about 5% in early trade. e-commerce need had actually strained its air market capability. Jeffrey Musser stated. enhancing market conditions. fell to $175 million or $1.24 per share, compared to $196.8. million or $1.30 per share a year earlier.

Ukraine economy minister visits Turkey to discuss free trade deal

Posted to Maritime Reporter on August 1, 2024

Svyrydenko, the Ukrainian Minister of Economy, arrived in Turkey on Thursday to discuss the ratification and strengthening economic co-operation with Ankara. Svyrydenko, a member of the X social network, said that the meeting also included expanding…

Taiwan's MFIG purchases about 65,000 T of corn with Brazil as expected origin

Posted to Maritime Reporter on July 31, 2024

European traders reported that the MFIG buying group in Taiwan purchased about 65,000 metric tonnes of animal feed grain expected to come from Brazil during an international auction on Wednesday. They said that the yellow corn purchased was at a premium estimated to be 194.99 U.S.

South Africa steps up fight to contain oil spill from grounded ship

Posted to Maritime Reporter on July 29, 2024

and began to break apart in rainy weather condition on South Africa's. west coast, although there are no signs of affected wildlife. yet, authorities stated on Monday. Rough sea swells have damaged the Panama-flagged general. freight vessel Ultra Galaxy given that it wandered onto a sand bank.

Taiwan bids on estimated 105.650 T of wheat from the U.S.

Posted to Maritime Reporter on July 26, 2024

European traders reported on Friday that the Taiwan Flour Millers' Association had issued a tender for an estimated 105.650 metric tons grade 1 milling grain to be purchased from the United States. The deadline to submit price bids in the tender is August 1.

Shipping source: Iran releases cargo from oil tanker St Nikolas

Posted to Maritime Reporter on July 25, 2024

A shipping source said on Thursday that Iran had released the oil cargo of the Greek owned, Marshall Islands flagged tanker, which it seized earlier this year in the Gulf of Oman. Source: Iran still holds the vessel M/T Saint Nikolas. The vessel was loaded with 1…

Houthi leader warns of a response to Israeli airstrikes in Yemen's Hodeidah

Posted to Maritime Reporter on July 25, 2024

In a Thursday televised address, the leader of the Iran-backed Houthi group said that a response to Israeli airstrikes in Yemen's Hodeidah was coming. A drone fired on a crowd near Yemen's Hodeidah port, killing nine and injuring 87 people, just a day after the Houthi attacked Tel Aviv…

Freeport LNG, Texas, reopened on Thursday following its closure on Wednesday

Posted to Maritime Reporter on July 25, 2024

According to data provided by financial firm LSEG, and a filing made with Texas environmental regulators, the U.S. liquefied gas (LNG), company Freeport LNG is on track to resume service Thursday following a shutdown on Wednesday. Freeport is one the most watched U.S.

Jordanian tenders to purchase up to 120,000 tonnes of feed barley

Posted to Maritime Reporter on July 25, 2024

European traders reported on Thursday 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 is the 31st of July. Jordan's failure to purchase 120…

Jordan does not purchase 120,000 T of barley

Posted to Maritime Reporter on July 24, 2024

European traders claim that Jordan's state grain purchaser is not believed to have purchased any barley in the international tender for animal feed barley, which closed on Tuesday. Jordan is expected to issue a new tender for feed barley of 120…

Jordanian traders report that Jordan has issued a tender for the purchase of 120,000 metric tonnes wheat.

Posted to Maritime Reporter on July 24, 2024

Jordan's national grain buyer issued a tender for 120,000 metric tonnes of milling wheat that can come from optional origins. European traders confirmed this on Wednesday. The deadline to submit price proposals in the tender is 30 July. Traders…

Singapore Port Authority and Ship Owner to Transfer Naphtha Cargo from Fire-hit Tanker

Posted to Maritime Reporter on July 24, 2024

The MPA announced on Wednesday that Hafnia Oil Tanker owner Hafnia is in discussions with Singapore's Maritime and Port Authority about transferring damaged naphtha cargo to a secure location. On July 19, the tankers Hafnia Nile, flying the Singapore flag…

DSV Freight expects earnings to increase from Red Sea disruption

Posted to Maritime Reporter on July 24, 2024

DSV, a Danish shipping company, said that it expected disruptions in the Red Sea to have a positive effect on its earnings during the second half. Third-largest global freight forwarder, a company that operates in sea, air and roads divisions…

UN representative to Yemen says the threat of Houthi to Red Sea shipping has grown.

Posted to Maritime Reporter on July 23, 2024

Hans Grundberg, the U.N.'s Special Envoy for Yemen, told the U.N. Security Council that recent developments in the Red Sea suggest the threat of international shipping by Yemen's Houthis has grown. Grundberg, in a briefing about the situation…

Port of Corpus Christi reports 1.7% growth in volume for Q2 2024

Posted to Maritime Reporter on July 23, 2024

In the second quarter 2024, the Port of Corpus Christi in Texas moved 50.1 millions tons of goods along the Corpus Christi Ship Channel, an increase of 1.7% compared to the same period of last year. Corpus Christi has oil refineries, shipping ports and is a major crude oil exporting location.

Leonardo's fighter jet program survives UK defence review

Posted to Maritime Reporter on July 23, 2024

According to a Leonardo executive, a British review of defence policy will not affect a multi-billion dollar fighter jet project being developed by Italy and Japan, as well as the United Kingdom. The Global Combat Air Programme (GCAP) is being developed by BAE Systems in Britain…

Citi leads to LME warehouses in lucrative rental deals

Posted to Maritime Reporter on July 23, 2024

Three sources with knowledge of the matter confirmed that Citi delivered large quantities of lead to London Metal Exchange approved warehouses in Singapore for lucrative financial deals on Monday. The total LME stock of battery metal has now reached its highest level since early May.

Traders say that Jordan is believed to have passed on 120,000 T of wheat.

Posted to Maritime Reporter on July 23, 2024

European traders claim that Jordan's state grain purchaser is not believed to have purchased any milling wheat in the international tender for 120,000 metric tonnes of milling which ended on Tuesday. The prices were considered too high. In the coming days…