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August 12, 2024
The United Kingdom Maritime Trade Operations agency (UKMTO), said Tuesday, that a ship's crew reported an explosion 63 nautical mile southwest of Yemen's Hodeidah. In a note of advice, the agency stated that the vessel and crew were safe and that the ship was proceeding to the next port.
Posted to Maritime Reporter
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August 12, 2024
At Egypt's biggest single tender, Ukrainian wheat was offered at the lowest price of $244 per metric tonne. Traders say this is a premium because of delayed payment terms and lengthy shipping periods. The tender sought 3.8 million tons of cargo to be shipped between October and April.
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August 9, 2024
China's Ningbo Zhoushan Port is one of the busiest in the world. State media reported that an explosion occurred on a container vessel on Friday. According to state media, no casualties have been reported following the explosion on YM Mobility around 1:40 p.m.
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August 8, 2024
British Airways announced on Thursday that it would stop flights from October 26 to November 2025. It did not elaborate on why. IAG-owned carrier will continue to fly daily between Shanghai and Hong Kong. The Russian airspace is now off limits to European and British airlines…
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August 8, 2024
European traders reported on Thursday that Jordan's State Grain Buyer has announced an international tender for the purchase of up to 120,00 metric tons animal feed barley. 14 August is the deadline for submitting price bids in the tender. Jordan's failure to purchase 120…
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August 7, 2024
European traders claim that Jordan's grain buyer, the state-owned company, is not believed to have purchased any barley in the international auction for animal feed barley (120,000 metric tonnes) which ended on Wednesday. Only two companies participated: Ameropa and Viterra.
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August 6, 2024
On Tuesday, the Canada Energy Regulator announced that the final oral argument for the Trans Mountain pipeline expansion will begin on May 14, 2025. Trans Mountain Pipeline expansion (TMX), years behind schedule, and more than fourfold the initial cost.
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August 6, 2024
The General Authority for Supply Commodities (GASC), Egypt's national grain buyer, announced a tender for international purchases on Tuesday for a maximum amount of 3.8 millions metric tons wheat. Offers are due by August 12. GASC wants to buy…
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August 5, 2024
The river Seine, which was a major concern during the Games due to its water quality, was once again in the spotlight after the mixed relay race was held early on Monday morning after training had been cancelled the day before. Noah Lyles, of the U.S.…
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August 4, 2024
On the middle Sunday, the Paris Olympics, the last day of swimming will be held, as well as the highly anticipated 100 metre men's final. Novak Djokovic is vying to win a medal and fill in that one hole in his trophy case. The river Seine water…
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August 4, 2024
On the "middle Sunday" of the Games, the last day of swimming will be held, as well as the highly anticipated men's final of 100 metres in athletics. Novak Djokovic is also aiming to add an Olympic medal to his collection. The river Seine water…
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August 2, 2024
New Fortress Energy, a U.S.-based energy company, plans to ship the first LNG cargo to a Mexican port this month. The gas will be used to generate electricity. After long delays, the LNG plant located at Altamira off Mexico's Atlantic Coast…
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August 2, 2024
The Olympics begin on Friday with the start of athletics. Home crowd favorite Leon Marchand will be aiming for his fourth gold at the Paris Games, and French judo legend Teddy Riner is chasing a fourth Olympic medal. Olympic champions in the…
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August 1, 2024
Dmitry Patrushev who is responsible for the agricultural sector, a deputy prime minister, confirmed that Russia's official grain crop forecast was 132 millions metric tons this year despite poor weather in many regions. The extreme weather conditions…
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August 1, 2024
ArcelorMittal South Africa announced on Thursday that it hopes for a reduction in interest rates during the second part of the year, after its losses increased due to weakened demand. The company lost 1.11 billion Rand ($60 million), compared…
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July 31, 2024
The Energy Information Administration reported on Wednesday that U.S. crude and gasoline inventories dropped sharply during the past week due to strong export demand. The EIA reported that crude stocks fell by 3.4 millions barrels to 433,000…
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July 31, 2024
European traders reported that the MFIG buying group in Taiwan purchased about 65,000 metric tonnes of animal feed grain expected to come from Brazil during an international auction on Wednesday. They said that the yellow corn purchased was at a premium estimated to be 194.99 U.S.
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July 30, 2024
According to market data and LSEG on Tuesday, Russian shipping company Sovcomflot began transporting Urals crude to Asia this year via the Northern Sea Route. Melting ice has opened the Arctic transit route to transit shipments. Russia is looking for alternative routes from western ports to Asia…
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July 30, 2024
Rosneft suspended the liquefied gas (LPG), shipments, from Rospan plants after a July 26 fire in one of its LPG production units. Rospan’s gas-processing facility in the Yamal Nenets region was hit by an explosion and fire last Friday. Rospan supplies LPG to Russian and international markets.
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July 29, 2024
According to data released by the company late on Friday, crude oil exports of Mexico's energy state Pemex dropped 37% from June to June last year. Production of liquid hydrocarbons also continued to fall, reaching its lowest level this year. Pemex released its monthly statistics on Friday.
