Posted to Maritime Reporter
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April 25, 2025
The World Bank steering committee endorsed on Friday the lender's plans for exploring options to expand access to energy, including possible financing for nuclear power. This is in line with U.S. President Donald Trump’s directives to increase energy financing.
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April 25, 2025
The mining and transport conglomerate Grupo Mexico announced a 17% increase in its first-quarter profit on Friday. This was primarily due to higher metal prices. The miner's net profit jumped to $1.09bn, far exceeding the $816m estimate of analysts polled at LSEG.
Posted to Maritime Reporter
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April 25, 2025
European traders reported on Friday that a state grain buyer in Syria still considers price offers for an international tender to purchase about 100,000 metric tonnes of soft milling Wheat which closed this past week without any purchase being made.
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April 24, 2025
Canada's Francois-Philippe Champagne, Canada's Minister of Finance, said that the Group of Seven Industrial Democracies continues to be united. However tensions remain amongst them over the tariffs imposed by the U.S. Champagne said at a briefing…
Posted to Maritime Reporter
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April 24, 2025
Canada's Francois-Philippe champagne, Canada’s Finance Minister said Thursday that the Group of Seven biggest economies remain united but there are tensions between them over the tariffs imposed by the United States. Champagne said at a briefing…
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April 23, 2025
The Energy Information Administration reported on Wednesday that U.S. crude stockpiles unexpectedly rose last week, as imports increased, and gasoline and distillate stocks fell more than expected. The EIA reported that crude inventories increased by 244…
Posted to Maritime Reporter
on
April 17, 2025
European traders reported that the lowest price offered by Tunisia's grain agency in its international tender on Thursday for about 75,000 tons of soft wheat cost and freight included was $262.91 per ton. No purchase has been made yet, but offers are still being evaluated.
Posted to Maritime Reporter
on
April 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 for submitting price offers is April 23, 2019. Traders had expected…
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on
April 16, 2025
European traders reported on Wednesday that the Iranian state-owned animal food importer SLAL had issued international tenders for up to 120,000 metric tonnes of animal feed corn and barley, as well as 120,000 metric ton of soymeal. They said…
Posted to Maritime Reporter
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April 16, 2025
European traders reported on Wednesday that Tunisia's grain agency issued an international bid to buy an estimated 75,000 tons of soft milling Wheat. Wheat can come from a variety of origins. They said that the deadline for submitting price offers was Thursday, April 17.
Posted to Maritime Reporter
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April 15, 2025
Rio Tinto announced a 9% decline in the first quarter iron ore shipment on Wednesday. 2025 Pilbara shipments are now expected to be at the lower end after tropical cyclones ravaged Australia's West Coast and disrupted operation. Rio Tinto's…
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on
April 15, 2025
The Energy Information Administration (EIA), in its Annual Energy Outlook report (AEO), published on Tuesday, said that the peak of U.S. gas production and demand will be in 2032. EIA predicted that by 2032, the dry gas demand and production would reach a combined 92.4 billion cubic feet per day.
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April 14, 2025
The German finance ministry announced on Monday that a German court would consider a request for the release of an oil tanker believed to be a part of Russia's so-called "shadow fleet" used to circumvent oil sanction. In January, the Panama…
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April 11, 2025
Two sources familiar with the situation said that at least two vessels chartered by Chevron to transport Venezuelan crude are stranded in Venezuelan waters because the state oil company PDVSA canceled their export authorizations following the U.S.
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on
April 10, 2025
Three sources familiar with the decision confirmed on Thursday that Venezuela's PDVSA, Venezuela's national oil company, has cancelled several authorizations granted to Chevron by PDVSA to load and export Venezuelan crude oil in this month.
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April 10, 2025
Alaa Farouk, Egypt's Agriculture Minister, said late Wednesday that Egypt expects to harvest ten million tonnes of wheat in 2018, up from nine million in 2023. This is due to improved crop yields, and ambitious land reclamation initiatives.
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April 10, 2025
The Feed Leaders Committee of South Korea (FLC) purchased around 65,000 tons of animal feed grain expected to come from the United States, in a private transaction late last week. This was done without launching an international tender. They…
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on
April 9, 2025
Volkswagen has said that uncertainty over tariffs imposed by President Donald Trump in the United States was one of the reasons for its operating results falling to 2.8 billion euro ($3.07 billion), from 4.6 billion dollars, last year. The results…
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April 9, 2025
The Energy Information Administration reported on Wednesday that U.S. crude stockpiles increased last week, as imports rose and exports dropped to their lowest level since January. Meanwhile, gasoline and distillate stocks decreased. The EIA…
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April 9, 2025
The European Union's counter-tariffs against U.S. products, which will be implemented next week, are expected to stop a large amount of U.S. grain from reaching Europe and increase costs for buyers who want to find alternative sources of feed grain.
