Benevolent weather and use of quality farm inputs such as seeds, fertilizers and chemicals will help Brazilian soybean growers reap an enormous crop in the 2024/25 season, according to agribusiness consultancies Celeres and StoneX on Monday…
Iraq halted all operations at the Shuiaba refinery in Basra over the weekend following the overloading of fuel oil storage tanks, according to three refinery officials.The disruption occurred after no ships arrived at the Khor Zuhair port to load exported fuel oil since mid-last week…
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…
The Maritime Safety Committee (MSC) will meet for its 109th session at IMO Headquarters in London (in-person with hybrid participation) from 2 to 6 December 2024.The meeting will be chaired by Mrs. Mayte Medina of the United States, supported by Vice-Chair…
Federal regulators on Wednesday gave Cheniere Energy permission to introduce natural gas into its Corpus Christi expansion project, a document showed.The Federal Energy Regulatory Commission (FERC) said Cheniere could introduce natural gas to its fuel gas and hot oil systems…
Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a near three-week low on Wednesday, pulled down by weaker capesize and panamax vessel rates.The index, which factors in rates for capesize…
U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs on Canada and Mexico, sources told Reuters on Tuesday, as the oil industry warned the policy could hurt consumers, industry and national security…
Sallaum Lines has ordered six additional Pure Car and Truck Carrier (PCTC) vessels from China, two with Fujian Mawei Shipbuilding Co Ltd. (2 x 7,500 RT SDARI design) and four with China Merchants Jinling Shipyard (Nanjing) Co. Ltd. (4 x 7,400 RT Deltamarin design)…
PSA Singapore (PSA) and Evergreen Marine Corporation (EMC) have established a joint venture in Singapore, aiming to enhance operational excellence and achieve greater synergies in container operations.The joint venture terminal is expected to commence operations by the end of 2024…
Port Houston handled 3,430,212 TEUs through October of this year - 7% more than the same period last year. Container volumes in October specifically fell 15% compared to last October, reaching 309,623 TEUs.Despite this slight dip, volumes are expected to be solid through the end of this year…
A key consideration in planning for the future of offshore wind is designing and delivering the maritime assets that are 'future-proof', able to scale with the growing size of offshore wind pieces and components.A collaboration between Concordia Damen…
The lowest offer in an international tender from Bangladesh's state grains buyer to purchase and import 50,000 metric tons of wheat which closed on Monday was assessed at $286.08 a metric ton CIF liner out, European traders said.Offers are still being considered and no purchase has yet been made…
Concerns that Europe is facing a natural gas supply crunch this winter are overblown, with the liquefied natural gas (LNG) market already stepping up to avoid any shortfall, albeit at higher prices.European natural gas prices climbed to the highest level in two years last week…
New Zealand’s Maritime Union, representing both seafarers and stevedores, has voted to oppose the proposed resumption of live animal exports.A ban was implemented by the previous government after the Gulf Livestock 1 capsized in 2020 leaving 41 crew and 6…