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Tuesday, March 19, 2024

Food

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Food

US soybean exports under scrutiny amid worst sales run in years

Last week’s U.S. soybean export sales exceeded all trade expectations for the first time since November, but that is not at all representative of...

EU wheat edges higher as more grain ships diverted

European wheat edged higher on Friday as traders monitored developments in the Red Sea, and an increasing number of bulk carriers, including grain cargoes,...

Ukraine’s maritime grain exports to fall 20% m/m in Jan – source

Ukrainian maritime grain exports are expected to fall by around 20% in January from the previous month due to the crisis in the Red...

Brazil’s yearly soybean exports top 100 million tons for the first time

Brazil, the world’s largest soybean exporter, has for the first time ever exported over 100 million metric tons of the oilseed within a year,...

EU wheat ends flat in lack of fresh news after weekly fall of 3%

European wheat ended the week unchanged in a lack of new fundamental elements and taking a breather after a sharp fall on worries of...

Panama Canal drought to delay grain ships well into 2024

Bulk grain shippers hauling crops from the U.S. Gulf Coast export hub to Asia are sailing longer routes and paying higher freight costs to...

Russian wheat export prices flat last week, demand muted

Russian wheat export prices were flat last week amid muted demand from importers, yet dwindling supply from farmers, after a prolonged price slump, analysts...

US soy harvest 43% complete, corn 34%; soy ratings dip – USDA

The U.S. soybean harvest was 43% complete by Sunday and the corn harvest 34% finished, data from the U.S. Department of Agriculture (USDA) showed...

Asian wheat millers seen boosting imports on higher price expectations

Asian flour millers are likely to step up purchases as global wheat supplies are forecast to tighten in the months ahead, with dry weather...

Ukraine: 5 More Cargo Ships Head For Black Sea Ports – report

Five more ships are on their way to Ukrainian sea ports using a new corridor opened to resume predominantly agricultural exports, an alternative arrangement...

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Pyxis Tankers reports “solid results” in Q4

Pyxis Tankers, an international shipping company, announced unaudited results for the three months and year ended December 31, 2023. For the three months ended December...

Hapag-Lloyd publishes 2023 annual report and announces forecast for the current financial year

Hapag-Lloyd published its annual report for 2023. As expected, a significant decrease in earnings was recorded. According to the report, the Group EBITDA stood...

ZIM posts loss in fourth quarter

ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced today its consolidated results for the three and twelve months ended December...

Overseas Shipholding Group Reports Fourth Quarter and Full Year 2023 Results

Overseas Shipholding Group, a leading provider of liquid bulk transportation services in the energy industry for crude oil and petroleum products in the U.S....

Grindrod secures up to $113m in debt refinancing with Nordea

On March 1, 2024, a wholly owned subsidiary of Grindrod Shipping Holdings Ltd., Grindrod Shipping Pte. Ltd., entered into a US$83.0 million reducing revolving...

IMO to open regional office in Fiji to serve the Pacific

IMO will open its seventh Regional Presence Office, in Suva, Fiji, to serve countries...

Baltic index hits over 3-month high on firm demand across vessel segments

The Baltic Exchange’s dry bulk sea freight hit a more than three-month high on...

Container rates drop to unsustainable levels, Maersk CEO says

The global container shipping market faces overcapacity in the coming years and the rates...

Baltic index slips as capesize losses outweigh panamax gains

The Baltic Exchange’s main sea freight index declined on Thursday, as a fall in...

Global cruise leaders meet in Europe as the industry calls for action to increase...

· Cruise Lines International Association (CLIA) issued the call for action at its European...

Successful transportation of electric busses through Port of Piraeus

A total of 140 Yutong electric busses were successfully transported, reaching the Port of Piraeus and efficiently unloaded at the car terminal station for...

PPA S.A.: Welcoming event for the new cruise ship Sun Princess at the port of Piraeus

PPA S.A. and Princess Cruises, one of the world's largest cruise companies, held a special event at the port of Piraeus to celebrate the...

Port of Savannah posts record numbers February

The Georgia Ports Authority handled 451,670 twenty-foot equivalent container units in February, for an increase of 56,880 TEUs or 14.4 percent compared to the...

Successful sale of Bolloré Logistics to CMA CGM

The Bolloré Group and the CMA CGM Group announce the completion of the sale of 100 % of Bolloré Logistics to CMA CGM, it...

PPA S.A.: Successful completion of the European project CIPORT in Brussels

The concluding event for the European project "CIPORT-Cold Ironing in the Port of Piraeus – Taking the final step" took place at the Berlaymont,...