Posted to Maritime Reporter
on
May 15, 2025
Egypt, one of the top wheat importers, has bought 2.5 million tons of wheat this season from local farmers, according to a cabinet statement released on Thursday. The procurement this season has increased by a small amount compared to the 2024 period.
Posted to Maritime Reporter
on
May 15, 2025
General Food Security Authority announced on Thursday that Saudi Arabia had issued a tender for 655,000 metric tonnes of wheat to be shipped between August and October 2025. European traders expect the price offer results to be available on Monday, 19 May.
Posted to Maritime Reporter
on
May 14, 2025
Major Feedmill Group of South Korea (MFG) bought about 60,000 tons of soymeal from South America on Wednesday in a deal that was not subject to an international tender, traders reported. The estimated cost and freight per ton was $346.40, including the surcharge for port unloading.
Posted to Maritime Reporter
on
May 14, 2025
European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 65,000 metric tonnes of animal feed corn on Wednesday in an international bid seeking up to 138,000 metric tons.
Posted to Maritime Reporter
on
May 14, 2025
Jean-Noel Barrot, the French Minister of Foreign Affairs said that on Wednesday, EU diplomats announced sanctions on nearly 200 tankers from Russia's "shadow fleet". Sources who spoke anonymously said that although two countries need to consult with their parliaments about the details…
Posted to Maritime Reporter
on
May 12, 2025
Hong Kong's CK Hutchison announced on Monday that the closely monitored port deal it has negotiated will adhere strictly to all compliance standards. In March, the Hong Kong-based conglomerate controlled by tycoon Li Kashing agreed to sell the bulk of its global ports business worth $22.8 billion…
Posted to Maritime Reporter
on
May 12, 2025
A company director stated on Monday that the trading arm of Mexico’s state company Pemex (PMI) anticipates a decrease in crude oil exported this year, as more will go to local refineries and especially the new Olmeca Refinery. Margarita Perez…
Posted to Maritime Reporter
on
May 12, 2025
European traders reported on Monday that the Algerian state agency ONAB had issued a tender for a new international purchase of up to 320,000 tons of animal feed grain sourced only from Argentina or Brazil. They said that the deadline for submitting price offers is May 13th.
Posted to Maritime Reporter
on
May 9, 2025
China's crude oil imports in April slowed compared to the previous month, but increased 7.5% compared to a year ago due largely to an abundance of shipments sanctioned by the government and because state refineries built up stocks during maintenance shut-downs.
Posted to Maritime Reporter
on
May 8, 2025
European traders reported that the Feed Leaders Committee, a South Korean import group, purchased 60,000 metric tonnes of soymeal on Thursday in an international auction. The soymeal was expected to come from South America. It is believed that the FLC purchased from Cargill, a trading house.
Posted to Maritime Reporter
on
May 8, 2025
According to European traders, the Korea Feed Association in South Korea purchased between 65,000 and 70,000 metric tonnes of animal feed corn from optional origins on Wednesday in a private transaction without launching an international tender.
Posted to Maritime Reporter
on
May 7, 2025
EU sources confirmed on Wednesday that the European Commission had proposed adding 15 new entities and persons to its sanctions framework, including individuals suspected of using chemical weaponry in Ukraine as well as Russian hybrid threats.
Posted to Maritime Reporter
on
May 6, 2025
Calculations based on LSEG's data show that since April 3, the price of Urals oil in Russian ports along the Black Sea and Baltic Sea has been below the cap set by Western nations. The Group of Seven (G7) countries have introduced a price cap…
Posted to Maritime Reporter
on
May 5, 2025
CNBC, citing anonymous sources, reported that the board of Berkshire Hathaway unanimously voted to make Greg Abel its president and CEO beginning next year. This move marks the official start of the transition process that will see Warren Buffett…
Posted to Maritime Reporter
on
May 5, 2025
Major Feedmill Group of South Korea (MFG) bought between 65,000 and 70,000 metric tonnes of animal feed corn late last week in a private transaction without issuing a tender to the international market, European traders reported on Monday. The estimated cost per ton was $248.40, including freight.
Posted to Maritime Reporter
on
April 30, 2025
European traders reported that Tunisia’s state grain agency purchased approximately 25,000 metric tonnes of animal feed barley at an international auction on Wednesday, with limited participation. Viterra, a trading house, was said to have bought…
Posted to Maritime Reporter
on
April 29, 2025
According to an excerpt of the bill published in the Official Gazette, the Guyana government submitted a proposed oil pollution law to Parliament. The act proposes that responsible parties be held liable for damage caused by oil spills from vessels.
Posted to Maritime Reporter
on
April 29, 2025
Gene Seroka said that the Los Angeles port expects a 35% decrease in cargo coming from Asia in the next week in an interview with CNBC on Tuesday. He said that major American retailers had stopped all shipments to China. This contributed to 45% of the traffic in Los Angeles.
Posted to Maritime Reporter
on
April 29, 2025
In an international auction held on Tuesday, the Major Feedmill Group of South Korea (MFG) bought approximately 66,000 metric tonnes of animal feed corn, which could have been sourced from either the United States, South America, or South Africa.
Posted to Maritime Reporter
on
April 28, 2025
An official document published on Monday showed that Egypt, the world's largest wheat importer, had purchased 466,266 tons of wheat directly from local farmers, since the official procurement season began in mid-April. This is a drop of over 37% compared to the same period last year.
