Posted to Maritime Reporter
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June 23, 2025
European traders reported on Monday that the Algerian state agency ONAB had issued a tender for a new international purchase of up to 240.000 metric tons animal feed corn from optional origins. They said that the deadline for submitting price offers to the tender is Tuesday 24th June.
Posted to Maritime Reporter
on
June 23, 2025
Oil prices dropped 1% on Monday, after reaching a five-month peak. Markets were trying to gauge the effect of U.S. airstrikes on Iran over the weekend on the transit of oil and natural gas through the Strait of Hormuz. Brent crude futures fell 70 cents or 0.9% to $76.31 per barrel at 10:46 am ET.
Posted to Maritime Reporter
on
June 23, 2025
Marine Traffic's ship tracking data revealed on Monday that three empty oil and chemicals tankers had diverted from the Strait of Hormuz, and changed their course. This was amid increasing uncertainty about whether Iran would retaliate in the crucial waterway following U.S.
Posted to Maritime Reporter
on
June 23, 2025
The Agriculture Ministry announced on Monday that Egypt imported 4.9 millions metric tons wheat, 4.2million tons corn, and 2.2million tons soybeans this year. Egypt imported 7.1 million tonnes of wheat last year, along with 4 million tons corn and 1.8 millions tons of soybeans, from January to June.
Posted to Maritime Reporter
on
June 22, 2025
Iran's Supreme National Security Council will make the final decision about whether the Strait of Hormuz is closed following U.S. airstrikes, Press TV reported on Sunday. The move was reportedly supported by the Iranian parliament. Iran has used the threat to close the Strait of Hormuz…
Posted to Maritime Reporter
on
June 21, 2025
The Russian Embassy in Mexico announced on Saturday that it was ready to share its energy technologies and supply Mexico with liquefied gas. "We already work with Mexico." "We have excellent LNG technology, and we're ready to share this technology and supply LNG too…
Posted to Maritime Reporter
on
June 20, 2025
Trade and shipping data revealed that Russia increased its seaborne fuel oil exports and vacuum gasoil to India and Turkey during May, as the falling oil prices attracted buyers and the hot summer season demanded more fuel. The oil price fell…
Posted to Maritime Reporter
on
June 19, 2025
The company announced on Thursday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has stopped its trading activities due to UK sanctions. Western powers have imposed sanction on Russia's traders and fleet, accusing them…
Posted to Maritime Reporter
on
June 19, 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 offers is Friday, June 25. Traders had expected a new announcement after Jordan failed to purchase 120…
Posted to Maritime Reporter
on
June 18, 2025
Shell CEO Wael Sawan stated on Thursday that the oil and natural gas giant was "very cautious" about its shipping through Middle East due to the escalating conflict in the Middle East between Israel and Iran. Thursday, the Iran-Israel air conflict entered its seventh day.
Posted to Maritime Reporter
on
June 18, 2025
Air India Chairman N. Chandrasekaran stated on Wednesday that the Boeing Dreamliner that crashed last week with 242 passengers on board had a clean history of engines. Chandrasekaran told Indian broadcaster Times Now that Air India Flight 171's left engine had last been serviced in 2023…
Posted to Maritime Reporter
on
June 18, 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 to submit price offers for the tender is 24 June. The traders had anticipated an announcement following Jordan's purchase of 60…
Posted to Maritime Reporter
on
June 15, 2025
European traders reported on Sunday that Algeria's state grain agency OAIC had issued a tender for soft milling wheat from origins of choice. Algeria usually buys more than the nominal amount sought in its tenders. The deadline to submit price offers for the tender is Tuesday June 17.
Posted to Maritime Reporter
on
June 13, 2025
European traders reported that the Tunisian state grain agency purchased around 100,000 metric tonnes of soft wheat from origins other than Tunisia in a Friday international tender. The 75,000 tonnes sought in the tender was exceeded. Grain Star…
Posted to Maritime Reporter
on
June 12, 2025
Four sources with knowledge of the situation said that most countries in the Group of Seven are willing to lower the G7 cap on Russian oil if the U.S. president Donald Trump opts out. The G7 leaders will meet in Canada on June 15-17 to discuss the price caps first agreed upon in late 2022.
Posted to Maritime Reporter
on
June 12, 2025
Four sources with knowledge of the situation said that most countries in the Group of Seven are willing to lower the G7 cap on Russian oil if the U.S. president Donald Trump opts out. The G7 leaders will meet in Canada on June 15-17 to discuss the price caps first agreed upon in late 2022.
Posted to Maritime Reporter
on
June 10, 2025
Major Feedmill Group of South Korea (MFG) bought around 68,000 metric tonnes of animal feed corn on a private basis without launching an international tender on Tuesday, European traders reported. The estimated cost of the ton was $233.99, including freight.
Posted to Maritime Reporter
on
June 10, 2025
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 on Tuesday in an international bid seeking up to 13,88,000 tons. The corn can be purchased from South America…
Posted to Maritime Reporter
on
June 10, 2025
After it issued international tenders for corn, barley, and soymeal, European traders reported on Tuesday that the state-owned animal food importer SLAL in Iran had received offers of up to 120,000 metric tonnes each. They said that the deadline…
Posted to Maritime Reporter
on
June 9, 2025
According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed in a private transaction late last week. There was no international tender. They said that the corn would be imported from South America.
