Romania's Constanta port, Ukraine's main alternative route for grain since Russia's withdrawal led to the collapse of the Black Sea shipment deal, has capacity to handle extra cargoes until mid-August, the head of the port's business association said…
“US soybean, maize, and wheat exports could fall 15% in 2023 due to droughts that affected harvests last year. However, the upcoming maize harvest may drive a recovery in US grain shipments from the fourth quarter onwards,” says Filipe Gouveia…
On Tuesday, Port Milwaukee and The DeLong Co., Inc. celebrated the grand opening of the $40-million Agricultural Maritime Export Facility on Jones Island.The facility, located on the west side of Jones Island, will be one of the first on the Great Lakes - St…
A deal allowing Ukraine to export grain via the Black Sea will expire at the end of Monday after Russia said it will suspend its participation.The deal, brokered by the United Nations and Turkey last July, aimed to alleviate a global food crisis…
Russia refused on Monday to extend the agreement that has enabled Ukraine to export grain from its Black Sea ports for the past year, complaining that promises to free up its own shipments of food and fertilisers had not been kept.Russia's Foreign Ministry said it had notified Ukraine…
The European Commission is helping the United Nations and Turkey try to extend a deal allowing the Black Sea export of Ukraine grain and is open to 'explore all solutions,' a European Union spokesperson said on Thursday, ahead of the deal's possible expiration on Monday…
U.N. Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin that he extend a deal allowing the safe Black Sea export of grain from Ukraine in return for connecting a subsidiary of Russia's agricultural bank to the SWIFT international payment system…
Two-way marine traffic resumed Monday night on the Welland Canal in Ontario, Canada after a power outage on Sunday led to a temporary suspension of navigation.The St. Lawrence Seaway Management Corporation (SLSMC), which manages and operates the Canadian assets of the St…
A deal allowing Ukraine to export grain via the Black Sea expires on July 17 and with Moscow saying it sees no grounds for an extension there are fears it may collapse.Why is it important?Ukraine is a major producer of grains and oilseeds and…
Shipments of iron ore on the Great Lakes totaled 5.8 million tons in June, an increase of 47.8% from 2022, according to latest figures published by trade group the Lake Carriers’ Association (LCA). Shipments were 12.7% above the month’s five-year average…
Shipments of limestone on the Great Lakes totaled 3.1 million tons in June, a decrease of 17.6% from a year ago, according to latest figures published by trade group the Lake Carriers’ Association (LCA). This June’s loadings were also below the month’s five-year average by 17…
On July 2, COSCO Shipping Bulk's 400,000-ton ore carrier Yuanyihai successfully completed what the company claims is the fasters unloading of iron ore in the world.The unloading operation took place in Dongjiakou Port Area of Qingdao Port. It took only 30…
“Despite China’s strategy of pursuing increased domestic coal production, which has meant that year-to-date production stands 5.8% higher than last year, its seaborne imports of coal have nevertheless surged 73% y/y so far,” said Niels Rasmussen…
Russia's deputy foreign minister said on Monday that even if a deal allowing shipments of Ukrainian grain via the Black Sea ends, Russia's agreement with the United Nations to ease its own exports will stay in force, Russian state news agency RIA reported on Monday…
United Nations Secretary-General Antonio Guterres said on Monday he is concerned that Russia will on July 17 quit a deal allowing the safe wartime export of grain and fertilizers from three Ukrainian Black Sea ports.Moscow has been threatening…
