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Brazil coffee exports reach record levels in October

Posted to Maritime Reporter on 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…

Chief Executive says that the Panama Canal could double container transit.

Posted to Maritime Reporter on November 8, 2024

In the coming years, the Panama Canal Authority may double the number of containers moving through the important East-West waterway. The canal's head told a maritime convention on Friday. Chief Ricaurte Vazquez said at the Houston International…

Jordanian traders claim that the country will buy up to 120,00 metric tons of feed barley.

Posted to Maritime Reporter on November 7, 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 November 13. Jordan's failure to purchase 120…

ADNOC L&S signs contracts for 23 supertankers worth $4.4bn, according to the state news agency

Posted to Maritime Reporter on November 7, 2024

ADNOC Logistics & Services has signed contracts for $4.4 billion in order to build 23 supertankers that will transport ethane and ammonia, as well as liquefied gas. This was reported by the UAE state news agency on Thursday. ADNOC CEO Abdulkareem Al Masabi stated that the company…

Deutsche Bank reduces its ECB terminal rates forecast by 1.5% due to tariff threats

Posted to Maritime Reporter on November 7, 2024

Deutsche Bank has lowered their forecast for the ECB terminal rate from 2.25% to 1.5%, due to the prospect that U.S. Tariffs will be implemented under a Donald Trump Administration, weaker macroeconomic performance and the risk of inflation below target.

Jordanian traders report that Jordan has issued a tender for 120,000 T of wheat.

Posted to Maritime Reporter on November 6, 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 a variety or origins. European traders confirmed this on Wednesday. The deadline to submit price proposals in the tender is November 12.

Canada - Nov 5

Posted to Maritime Reporter on November 5, 2024

These are some of the most important stories in selected Canadian newspapers. These stories have not been verified and we cannot vouch for the accuracy of these stories. The BC Maritime Employers Association has locked out all unionized supervisors in British Columbia ports.

South Korean feedmaker purchased 66,000 T of corn in private transaction, traders claim

Posted to Maritime Reporter on November 4, 2024

European traders reported on Monday that Cargill Agri Purina, a South Korean feedmaker, is believed to be the buyer of approximately 66,000 metric tonnes of animal feed corn on Friday in a private transaction without issuing a tender. Optionally…

South Korea's KFA Busan purchased 70,000 T of corn in a private deal, traders claim

Posted to Maritime Reporter on November 1, 2024

According to European traders, the Korea Feed Association's (KFA) Busan Section in South Korea bought an estimated 70,000 tons of animal feed grain from South America or South Africa on Thursday in a deal that was not subjected to an international tender.

Tunisia is reportedly buying 75,000 metric tonnes of durum wheat.

Posted to Maritime Reporter on October 31, 2024

European traders reported on Thursday that Tunisia's grain agency issued an international bid to buy an estimated 75,000 tons of durum Wheat. They said that the origin of the offer was optional, and that deadline for submitting offers is November 1.

South Korea bids to purchase? The traders estimate 101,000 T of rice

Posted to Maritime Reporter on October 30, 2024

European traders reported on Wednesday that the state-backed Agro Fisheries & Food Trade Corporation of South Korea has launched an international tender for an estimated 101,000 tons of rice. The deadline to submit price offers is November 7.

South Korea's NOFI buys estimated 136,000 T corn, traders say

Posted to Maritime Reporter on October 29, 2024

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 136,000 metric tonnes of animal feed corn, which could be sourced from either the United States, South America…

Adani Ports India maintains core profit forecast for FY25 after Q2 loss

Posted to Maritime Reporter on October 29, 2024

Adani Ports and Special Economic Zone in India said that it was "well-positioned" to reach the upper end its core profit forecasts for fiscal year 2025 after missing Tuesday's profit estimates. After a 10% increase in cargo volumes in the third quarter of fiscal year 2025…

Black Sea CPC blend oil exports will rise by 33% in November, according to sources.

Posted to Maritime Reporter on October 25, 2024

Black Sea CPC blend oil exports via Caspian Pipeline Consortium's (CPC) system will increase in November, after maintenance at Kazakhstan's Kashagan oilfield is completed. Two sources said that exports will increase to 1.42 million barrels a day (bpd)…

KFA, South Korea's KFA, bought 65,000 t corn from the U.S.

Posted to Maritime Reporter on October 21, 2024

According to European traders, the Korea Feed Association in South Korea purchased approximately 65,000 metric tonnes of animal feed corn that was expected to come from the United States on Friday in a private transaction without issuing a tender.

Jordanian traders claim that they will buy up to 120,00 T of feed barley.

Posted to Maritime Reporter on October 17, 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 for the tender is October 23. Jordan's failure to purchase 120…

KFA, South Korea's KFA, bought 65,000 metric tonnes corn in a private deal

Posted to Maritime Reporter on October 17, 2024

According to European traders, the Korea Feed Association in South Korea bought about 65,000 metric tonnes of animal feed corn in a private transaction on Wednesday. The corn was expected to come from either South America or the United States.

Fire extinguished on oil tanker safely moored in northern German port

Posted to Maritime Reporter on October 12, 2024

The city of Rostock said that maritime rescue services and firefighter in Germany's Baltic Sea extinguished an oil tanker fire and brought it safely into its port. The ship is safely moored...there's no fire. "The tanker was dragged in Rostock's overseas port early this morning…

South Korea's NOFI purchases about 60,000 T of soymeal from traders

Posted to Maritime Reporter on October 11, 2024

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc. purchased up to 60 000 metric tons soymeal at an international auction on Friday. The seller could also supply the product from the United States, or China.

South Korea's FLC purchases 60,000 metric tonnes of soymeal from traders

Posted to Maritime Reporter on October 10, 2024

Feed Leaders Committee, a South Korean import group, purchased up to 60 000 metric tons soymeal on Thursday. The soymeal could have been sourced in South America or the United States and China. They said that the FLC purchased from Cofco at a price of $398.50 per metric ton, c&f.

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