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

Posted to Maritime Reporter on July 17, 2025

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 23 July. Traders had…

Study shows that high interest rates in Russia may prompt a surge in distressed asset M&A.

Posted to Maritime Reporter on July 16, 2025

A study by top law firms found that high interest rates may encourage mergers and acquisitions in Russia, even though Western sanctions and a lack of liquidity among buyers will likely limit growth for the time being. The study found that the…

Taiwan purchases 89,650 t of wheat from the US, traders report

Posted to Maritime Reporter on July 16, 2025

In a Wednesday tender, the Taiwan Flour Millers' Association bought an estimated 89.650 metric tonnes of milling grain to be sourced in the U.S., European traders reported. Two consignments of wheat from the U.S. Pacific Northwest Coast were purchased.

Jordanian traders report that the country has issued a tender for up to 120,000 tons of wheat.

Posted to Maritime Reporter on July 16, 2025

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline for submitting price offers is July 22, 2018. Traders had expected a new announcement after Jordan failed to purchase 120…

Iran seizes a foreign tanker that was smuggling in 2 million litres fuel

Posted to Maritime Reporter on July 16, 2025

According to Iran's semiofficial Mehr news agency, the chief judge of Hormozgan Province said that a foreign tanker had been seized in the Gulf of Oman by Iran for smuggling two million litres of diesel fuel. According to the report, "During…

Algeria purchases about 1 million T of wheat at tender, traders claim

Posted to Maritime Reporter on July 15, 2025

European traders reported that Algeria's state grain agency OAIC bought around 1 million metric tonnes of milling wheat at an international auction which ended on Tuesday. Initial reports indicated that purchases were made in a wide range of prices…

Egypt's military-linked agent to oversee the new exchange for commodity exports and imports

Posted to Maritime Reporter on July 15, 2025

The presidency announced on Tuesday that Egypt will launch a revamped commodity exchange in order to monitor imports and exports for essential agricultural products. It is aiming to ensure consistent supplies and maintain prices. In a press release…

Algeria purchases milling wheat at tender, traders claim

Posted to Maritime Reporter on July 15, 2025

European traders reported that Algeria's state grain agency OAIC bought milling wheat at an international auction which ended on Tuesday. They said that initial purchases were reported as being around $257 per metric ton, including freight. Traders claimed that some were purchased below this price.

Pakistan reduces the volume of sugar sought by tender to 50,000 T

Posted to Maritime Reporter on July 15, 2025

European traders reported on Tuesday that the Trading Corporation of Pakistan, a Pakistani state agency, has reduced its request for white refined sugar in an international tender to 50,000 tons. The original tender sought between 300,000 and 500,000 metric tonnes.

Taiwan bids on 89,650 t of wheat with U.S. origin

Posted to Maritime Reporter on July 14, 2025

European traders reported on Monday that the Taiwan Flour Millers' Association had issued an international tender for an estimated 89.650 metric tons grade 1 milling grain to be purchased from the United States. The bidder is looking for two…

Algeria offers to purchase soft milling wheat in the amount of 50,000 metric tonnes, traders claim

Posted to Maritime Reporter on July 13, 2025

European traders reported on Sunday that Algeria's state grain agency OAIC had issued an international tender for the purchase of soft milling wheat from origins other than Algeria. Algeria usually buys more than the nominal amount sought in its tenders.

Venezuelan PDVSA's oil exports to other countries will reach $17.5 billion by 2024, as sales soar

Posted to Maritime Reporter on July 11, 2025

According to a document on results seen by Friday, the Venezuelan state-run PDVSA sold oil abroad for $17.52 billion in 2024. Exports jumped because U.S. licensing allowed foreign partners to work in the sanctioned OPEC country. PDVSA did not…

Pakistani tenders for the purchase of 300,000-500,000 metric tons sugar

Posted to Maritime Reporter on July 11, 2025

European traders reported on Friday that Pakistan's Trading Corporation of Pakistan, a state-owned agency, had issued an international tender for the purchase and import of 300,000 metric tons to 500,000 metric tonnes of white refined sugar.

Sources say that Saudi oil exports from China will reach a two-year high this August.

Posted to Maritime Reporter on July 10, 2025

Five trade sources reported on Friday that Saudi Arabia's crude exports to China will reach their highest level in over two years this August. The top exporter is trying to regain its market share with the world's largest importer. A tally of…

Brazilian oil may find new markets in the face Trump's tariffs

Posted to Maritime Reporter on July 10, 2025

Experts say that Brazil's oil will remain competitive on the international market even if President Donald Trump's 50% tariff is implemented on August 1. The main Brazilian export to the U.S. is oil. This product was previously exempted from…

The European Commission proposes a floating Russian oil price cap

Posted to Maritime Reporter on July 10, 2025

Four EU diplomats say that the European Commission will likely propose a floating Russian crude oil price cap as part of a draft new sanctions package this week in an effort to overcome the opposition of some member states. In its 18th package of sanction against Russia…

After a decline in wheat sales, Russia takes measures to boost agricultural exports

Posted to Maritime Reporter on July 10, 2025

After international wheat sales fell to their lowest levels since 2008, the Russian government has ordered measures to boost agricultural exports. Meanwhile, traders report that new crops are slow to arrive at Black Sea terminals. Sovecon estimates that July wheat exports will be between 2…

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

Posted to Maritime Reporter on July 10, 2025

The Feed Leaders Committee, a South Korean import group, purchased 60,000 metric tonnes of soymeal in an international auction on Thursday. Soymeal was sourced from optional origins. It is believed that the FLC purchased from Cofco, a trading house.

Exports of cereals from France's Rouen hub to drop by 40% in 2024/25

Posted to Maritime Reporter on July 9, 2025

The operator of the port said that the poor French harvest was the reason for the 40% drop in 2024/25 cereal shipments. Haropa Port, the port operator, said that 5.2 million tons of cereals were loaded in Rouen during 2024/25 compared to 8.7 millions tons in 2023/24.

Tunisia purchases approximately 50,000 metric tonnes corn at tender, traders claim

Posted to Maritime Reporter on July 9, 2025

European traders reported that the Tunisian grain agency ONF purchased about 50,000 tons of corn from an international auction on Wednesday. The corn was to come from optional origins. The 25,000 tons were purchased in two consignments. One from Raya Trading House at $252.27 per ton…

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