Posted to Maritime Reporter
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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.
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.
Posted to Maritime Reporter
on
July 14, 2025
The port's director announced on Monday that imports into the largest U.S. seaport, Los Angeles, rebounded in June. They finished up 10% from a year earlier and contributed to a record volume for the entire month. Last month, the Port of Los Angeles received 470,450 TEUs of cargo after the U.S.
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…
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.
Posted to Maritime Reporter
on
July 12, 2025
Azule Energy in Angola is a joint venture between BP, Eni and a consortium of local oil and gas companies. It discovered gas during its first exploration well for gas off the coast, according to the national agency ANGP late Friday. The Gajajeira-01…
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…
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.
Posted to Maritime Reporter
on
July 11, 2025
A senior official of the Seoul trade ministry told reporters on Friday that the U.S. demanded South Korea to join its efforts in trade negotiations with China to limit China's influence. The countries are currently discussing cooperation in shipbuilding.
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…
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…
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…
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…
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.
Posted to Maritime Reporter
on
July 10, 2025
The Admiral's Cup, which has been absent for two decades, returns to Cowes in this month. A top-tier fleet of international teams, including America's Cup veteran, Olympic medallists, and offshore specialists, will compete for the coveted trophy.
Posted to Maritime Reporter
on
July 9, 2025
The Wall Street Journal reported Wednesday that the Italian candy company behind Ferrero is close to a $3 billion deal with WK Kellogg. This was based on the reports of people familiar with this matter. After the bell, shares of WK Kellogg (the…
Posted to Maritime Reporter
on
July 9, 2025
Gunvor, the global commodities trading company, plans to stop all terminal operations at its Europoort refinery in Rotterdam (Netherlands), a spokesperson for the company said on Wednesday. Gunvor will consult with the refinery's works council regarding its plans, the spokesperson said.
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.
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…
Posted to Maritime Reporter
on
July 9, 2025
European traders reported that the lowest price offered by Tunisian's state grain agency ONF in its international tender on Wednesday for about 50,000 tons of animal feed was $244.69 per ton, including freight and cost. No purchase has been made yet, but offers are still being evaluated.
