Cargill News

Costamare Bulkers has reported its unaudited financial results for the fourth quarter and year ended December 31, 2025, reflecting on the company’s performance during its second full quarter as an independent, publicly traded company.Costamare Bulkers had no operating activity during the year ended December 31, 2024 and remained a wholly-owned subsidiary of Costamare Inc., a New York Stock Exchange listed company, until May 6, 2025, when it became an independent, publicly traded company through a spin-off from Costamare.Costamare Bulkers had nominal operations from January 1…

Indigenous protesters have occupied Cargill's Santarem river port terminal in Brazil's Para state and "completely" interrupted operations at the site, the U.S. grain trader said in a statement on Saturday.The protesters forced Cargill employees to evacuate the private terminal on Friday evening, the firm said, adding that it is in contact with local authorities for an eviction to be carried out "in an orderly and safe manner."Cargill shipped more than 5.5 million metric tons of soybeans and corn through Santarem last year, according to port sector data.

Two cargo vessels were headed for grain port terminals near New Orleans on Monday to load with the first U.S. soybean shipments to China since May, according to a shipping schedule seen by Reuters.A third vessel was en route to a Texas Gulf Coast grain terminal to be loaded with China-bound U.S. sorghum in the coming days in what will be the first American shipment of the feed grain to China since mid-March, the shipping schedule showed.U.S. farmers and grain traders have been awaiting shipments to China to resume after Beijing shunned U.S.

A new report from the All Aboard Alliance found that its 26 members have remained firm in their commitment to diversity, equity, and inclusion (DEI) despite political pushback against such initiatives from some factions.The All Aboard Alliance Insights 2025 uses a maturity analysis framework to indicate how member companies are performing against the Alliance’s five guiding principles: accountability, learning and development, organizational culture, data, and communications.Now in its third iteration…

Ivory Coast's cocoa grind dropped 31.2% year-on-year in July to 39,301 metric tons, data from exporters' association GEPEX showed on Monday, with grinders citing poor bean quality and low volumes of the mid-crop.The total grind - part of the process of transforming cocoa beans into chocolate - from the start of the 2024/25 season in October until the end of July stood at 515,055 tons of beans, down 4% from the same period last season."July's grinding has fallen dramatically this year compared to last year…

Lloyd’s Register Advisory has verified the performance of Anemoi Marine Technologies’ wind-assisted rotor sails on TR Lady Kamsarmax following a year-long, multi-voyage testing period.In a Statement of Fact, Lloyd’s Register Advisory confirmed the methodology Anemoi used for calculating fuel and emissions savings from the three 24 meters high Rotor Sails installed on TR Lady - a Kamsarmax bulk carrier owned in funds managed by Tufton Investment Management and chartered by Cargill.The…

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has gained Approval in Principle (AiP) from ClassNK for the retrofitting of a conventionally fueled Kamsarmax bulk carrier to dual fuel methanol.Led in collaboration with Japanese shipbuilder Tsuneishi Shipbuilding, the project assessed the techno-economic feasibility of a retrofit from fuel oil to dual fuel methanol, establishing a model that could pave the way for a broader green transition within the medium size bulk carrier sector.With Kamsarmax bulk carriers representing a significant share of the existing fleet…

The Global Maritime Forum has launched the Sustainable Crewing Guidelines, nine recommendations to improve life at sea.The guidelines aim to boost working conditions and alleviate the forecasted shortfall of 90,000 trained seafarers by 2026 – a major risk to global supply chains and safety at sea.Co-developed by the Global Maritime Forum’s All Aboard Alliance with a consortium of 12 major shipping companies based on feedback from over 400 seafarers, the guidelines are the culmination…

Veson Nautical and Cargill announced the Strategic Technology Agreement, expanding their partnership to accelerate digital transformation in the maritime sector. The agreement provides Cargill's Ocean Transportation business with a broad range of access to the Veson portfolio, including its data intelligence capabilities and AI-enabled collaborative workflow solution Shipfix. This builds on previous utilization of the Veson IMOS Platform. Cargill aims to simplify its technology ecosystemwhile driving efficiency, sustainability and innovation.

French maritime data analytics platform Kpler wants to buy ship tracking company Spire Maritime, whose satellite data is a vital resource for oil traders and shipping companies, but some Spire customers fear Kpler will cut them off and have raised antitrust concerns to U.S. authorities, sources familiar with the matter say.The $241 million deal announced on Nov. 13 would give Kpler control over Spire's satellites and maritime Automatic Identification System (AIS) data stream, which tracks ships globally, particularly in the open ocean, with a refresh rate of every 15 minutes.This capability is unmatched by competitors, including Orbcomm…

Transportation of soybeans and corn on barges along the Brazilian Amazon's Tapajos River, which had been suspended in early October due to dry weather, resumed at 50% capacity this week, operators said on Wednesday.Shipping began again on that waterway, which receives grain cargos from Brazil's biggest farm state Mato Grosso and nearby areas, as rain raised river levels, said Amport, an association representing port terminals and cargo transshipment operators of the Amazon basin.Barge shipping on the Madeira River, another Amazon waterway, returned to normal this week, Amport said. Grain transportation on the Madeira had been halted in September…

Brazilian port terminal group Amport said on Thursday that grains transport through the Tapajos waterway has come to a halt as a severe drought hit northern Brazil and lowered the river's water levels.Tapajos, which links Brazil's central and north regions, is a key corridor to transport grains from agricultural heartlands in states, including Mato Grosso, Brazil's top soy producer, to ports in the Amazon region.Amport, which represents firms such as Cargill and Louis Dreyfus, told Reuters that navigation of barge convoys carrying grains in the Tapajos has been halted since last Friday, and is

Ardmore Shipping has announced a series of leadership changes and updates to its commercial organization following news of the upcoming retirement of Founder and CEO, Anthony Gurnee, and the appointment of Gernot Ruppelt and Bart Kelleher to CEO and President roles respectively.Effective September 16, 2024, Robert Gaina will join the Ardmore Senior Management Team (SMT) as Senior Vice President, Commercial, succeeding the current CCO, Gernot Ruppelt upon his advancement to CEO.

NYK Bulkship (Atlantic) N.V. has installed two wind-assist VentoFoils on the bulk carrier NBA Magritte at the port of Rotterdam. The vessel is engaged in a long-term charter contract with Cargill (USA).This is the first time a unit of this type has been installed on an NYK Group vessel.Sitting on a 20-foot-long (approximately 6-meter) flat rack container with no walls, the VentoFoil has a 16-meter vertical wing that acts as suction sail which expects about five times as much force compared to no-suction versions…

EST-Floattech has been selected by KOTUG International to provide its containerized energy storage solution with Octopus Series energy modules for the E-Pusher 1 (Type M), the world’s first fully electric pusherboat operated by Cargill.The vessel was built by Padmos, and EST-Floattech worked with the yard, Sea and Shore, and Gebhard Electro to realize the system. The container is ESTRIN-Certified and has a capacity of 2MWh. It was designed and constructed in a little over half…

Finland-headquartered maritime tech company Groke Technologies (Groke) is working with BAR Technolgoes (BARTech) design and develop of situational awareness systems for the U.K. marine engineering consultancy’s WindWings wind propulsion technology.The companies have signed a partnership agreement following the debut installation of two 37.5 m (123 ft) tall WindWings sails on board MC Shipping-owned and Cargill-operated Kamsarmax bulker Pyxis Ocean. Groke’s camera and imaging solutions were also installed.Groke Technologies’ CEO Juha Rokka said…

Corvus Energy, a Norway-based provider of battery energy storage solutions and fuel cell systems for maritime, offshore and port applications, has appointed Fredrik Witte as the new CEO, starting January 1, 2024. Until Witte starts, CFO Mette Rokne Hanestad will serve as the Interim CEO.Witte joins from his position as the Managing Director of Cargill Aqua Nutrition. Commenting on the new appointment, Chairman of the Board, Mikael  Mäkinen, said: "Corvus Energy is entering an…

For centuries, riverside communities, including the "quilombola" descendants of enslaved Africans who escaped from plantations and ranches, have shared Xingu Island in Brazil's Amazon Basin.Its inhabitants live in brightly painted wooden houses overlooking rivers where small boats crisscross between islands and Abaetetuba city on the mainland to trade fish, seeds and fruits gathered from the Amazon forest in their backyard.In 2016, however, strangers docked on Xingu Island, in Para state…

Shipping agent Cargonave said on Tuesday Berth 201 on the West Corridor of Brazil's port of Paranagua would tentatively resume operations on Saturday, according to a note to clients based on information it said it received from the local port authority.The port authority did not have an immediate comment on Cargonove's new note to clients.Previously, Cargonave had said operations would resume on Thursday, a decision that the port authority "revoked," according to an updated statement from the shipping agent.Paranagua…

Singapore-based Berge Bulk has launched a ship fitted with steel-and-composite sails to cut fuel consumption and carbon dioxide emissions, with an eye to converting more vessels that ply routes with favourable wind conditions.The dry bulk carrier Berge Olympus, equipped with four sails known as WindWings, is chartered by mining giant Vale and will sail between Brazil and China, Berge said on Tuesday.The sails will save up to 20% fuel or six tons per day on an average worldwide…

A barge carrying three trucks and 2,000 empty cooking gas cylinders lies stranded on the vast sand banks of a diminished Rio Negro river after running aground last month, highlighting the plight of river transport in the Amazon region hit by severe drought.Officials warned that low river levels risk disrupting grains exports from nearby farm states. On the Madeira, they said barge routes used by grain firms such as Cargill, Bunge and Amaggi, are open but loads are being reduced as a precaution.Shipping and logistics group A.P.

A severe drought choking major rivers in the Amazon rainforest has disrupted ship traffic near the region's biggest city and pushed up costs for northern shipping routes, raising risks for corn exports in coming months.The unusual heat and dryness, linked to the mass deaths of fish and river dolphins, has already limited local communities'access to food and drinking water, leading the federal government to set up a humanitarian task force. Officials are now warning the thinning rivers could disrupt grains exports in the region."There is concern about shipping part of the corn harvest…

Stakeholders in the shipping industry converged in Copenhagen Wednesday to collaboratively address the paramount safety challenges and best practices essential for integrating ammonia as an alternative marine fuel.The gathering was the inaugural event of a series initiated by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, dedicated to fostering a collective understanding and approach towards the intricacies of ammonia safety.Claus Graugaard, CTO and Head of Onboard Vessel Solutions at the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping…