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July 23, 2024
The Suez Canal’s annual revenue fell by almost a quarter during its most recent financial year, as some shippers chose alternative routes in order to avoid being attacked by Houthis who are aligned with Iran in the Red Sea. Osama Rahbie, head…
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on
July 23, 2024
stated. expense and freight (c&& f) consisted of, they stated. c&& f. continuing. estimates of prices and volumes are still possible later. from the main supply regions including Europe: Sept. Sept. 16-30. delivery is one month earlier. expanding highly in the Algerian market.
Posted to Maritime Reporter
on
July 23, 2024
Jordan's national grain buyer issued an international bid to purchase 120,000 metric tonnes of milling wheat that can be sourced in a variety of origins. European traders confirmed this on Wednesday. The deadline to submit price proposals in the tender is 23 July.
Posted to Maritime Reporter
on
July 23, 2024
Denmark's A.P. Moller-Maersk, the Danish A.P. Maersk, among other shipping companies, has diverted ships around Africa's Cape of Good Hope to avoid attacks from Iran-aligned Houthi terrorists in the Red Sea since December. The longer voyage times have pushed freight rates up.
Posted to Maritime Reporter
on
July 22, 2024
European ports. Below are actions taken by some shipping business (in. The French shipping group has suspended most Red Sea trips. but is still sending out some cargoes on a case by case basis when. French navy escorts are possible, Chairman and CEO Rodolphe. Saade said on Feb. 29.
Posted to Maritime Reporter
on
July 22, 2024
government sources acquainted with the matter said. historic when it was checked in 2022. the deal was valid for 2 years that ended June 22, 2024. the sources stated. Singapore, Malaysia and Thailand have up until Dec. straight associated with the settlements.
Posted to Maritime Reporter
on
July 15, 2024
Ship tracking data revealed on Monday that a Chevron chartered oil tanker, seized by Iran over a year earlier, has anchored near the United Arab Emirates Port of Khor Fakkan. In April 2023, the Iranian military boarded the Marshall Islands-flagged…
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on
July 12, 2024
The Feed Leaders Committee of South Korea (FLC) purchased approximately 65,000 metric tonnes of animal feed wheat late Thursday in a private transaction without issuing a tender to the international market, European traders reported. Wheat was estimated to have cost $264.80 per ton, c&f.
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on
July 11, 2024
Major Feedmill Group in South Korea (MFG) issued a tender for the purchase of up to 140.000 metric tons animal feed corn, which must be purchased from South America or South Africa alone, European traders reported on Thursday. The deadline to submit price bids in the tender is on Friday, July 12th.
Posted to Maritime Reporter
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July 11, 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 proposals in the tender is 17 July. Jordan's failure to purchase 120…
Posted to Maritime Reporter
on
July 10, 2024
European traders reported that a group of South Korean mills purchased an estimated 90,000.00 metric tons milling wheat from the United States of America and Canada on Wednesday in an international auction. They said that the purchase included 50…
Posted to Maritime Reporter
on
July 10, 2024
Jordan's national grain buyer issued an international bid to purchase 120,000 metric tonnes of milling wheat that can be sourced in a variety of origins. European traders confirmed this on Wednesday. The deadline to submit price proposals in the tender is 16 July.
Posted to Maritime Reporter
on
July 3, 2024
Port of Brownsville along the U.S./Mexico border announced on Wednesday it would restrict ship traffic because of hurricane Beryl's gale-force winds. Beryl is a Category 4-hurricane heading towards the Gulf. Michael Davis, the Harbor Master of Port Brownsville…
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July 3, 2024
The charity that runs the ship said Wednesday that a rescue vessel funded by British street-artist Banksy was grounded in port for 20 consecutive days because it refused to obey Italian authorities' orders for migrants to disembark. The Louise…
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on
July 3, 2024
Three navy and security sources confirmed that an abandoned tanker drifting near Yemen's coastline in June disappeared and was believed to have sunk. This is the latest vessel lost on the strategically significant Red Sea. This area is on the…
Posted to Maritime Reporter
on
July 3, 2024
Investors welcomed the dovish remarks of Federal Reserve Chair Jerome Powell, and looked forward to the second round in France and the UK national elections. As of 0845 GMT the pan-European STOXX 600 Index was up 0.6%, marking a second consecutive session of gains.
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July 3, 2024
The mayor of Novorossiysk, a Russian Black Sea port, announced that beach access would be restricted on Wednesday morning. Earlier, he had reported that the defence forces were battling a drone attack at sea. On Telegram, Mayor Andrei Kravchenko…
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on
July 3, 2024
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. Hipgnosis Song Management announced that its founder Merck Mercuriadis will step down from…
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on
July 2, 2024
Norwegian shipping company DOF Group announced on Tuesday that it had signed an agreement with Maersk Supply Service Holding to purchase a Maersk Supply Service from them for $1.11 billion. The deal was a combination of cash and stocks. In the agreement, DOF will pay A.P.
Posted to Maritime Reporter
on
July 2, 2024
Italian customs and police said that they intercepted two Chinese military drones disguised as wind-turbine equipment and bound for Libya. A joint statement stated that the drones had been disassembled and were hidden in six containers in the port of Gioia Tauro, in the southern region Calabria.
