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Tuesday, June 18, 2024

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Food

Euronext wheat slips to new one-month low

European wheat futures fell to a new one-month low as the start of harvesting in the northern hemisphere took attention away from weather damage...

Paris wheat falls on worry about Turkey’s import ban

European wheat dropped on Monday on concern about Turkey’s import ban weakening global demand, but an export-friendly dip in the euro restrained falls. Benchmark September...

Russia starts wheat shipments to Brazil from Baltic terminal

Russia has started wheat shipments to Brazil from Vysotsky Port on the Baltic Sea, the quality inspection arm of Russia’s agricultural watchdog said. “Grain was...

Global wheat buyers wrong-footed by sharp rally in prices

Wheat buyers in Asia, Africa and the Middle East, which account for two-thirds of global imports of the staple, have been caught out with...

Paris wheat hits one-year highs on Black Sea crop outlook

European wheat futures climbed to their highest in more than a year on Monday as worries grew over Black Sea supplies after reduced harvest...

Wheat sets 10-month high on deteriorating Russian harvest prospects

Chicago Board of Trade wheat futures climbed to a 10-month peak on Wednesday as worries grew about deteriorating harvest prospects in top exporter Russia,...

US soy exporters off to worst new-crop start in 23 years amid China’s absence

The upcoming U.S. soybean harvest is expected to approach record levels, but exporters had sold practically none of it as of last week, a...

Argentina grains ports, soy crushing plants idle due to general strike

Argentine grains ports and soybeancrushing plants in the area surrounding the major Rosario hub arestanding idle due to a nationwide strike launchedon Thursday, the...

US winter wheat ratings drop; corn 12% seeded

The U.S. Department of Agriculture’s (USDA) weekly crop progress report showed 50% of U.S. winter wheat crop in good-to-excellent condition, short of the average...

Brazil’s over-performing soy crop may keep padding global stocks

Last year, Brazil raised a soybean crop exceeding 160 million metric tons, nearly doubling the decade-ago levels as the top exporter expanded production to...

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Navigator Gas announces 6 million share secondary offering

Navigator Holdings revealed that BW Group Limited, a shareholder in the company, is publicly offering 6 million shares of Navigator Gas's common stock. The...

Vantage Drilling contemplates the listing of its shares on Euronext Growth in Oslo

Vantage Drilling International is currently exploring a possible listing of its shares on Euronext Growth Oslo, a multilateral trading facility operated by Euronext. A...

London P&I Club reports strong financial results for the 2023/24 financial year

The London P&I Club announced its financial results for 2023/24, reporting an operating surplus of US$36.3m, strengthening its free reserves to US$149.8m. Gross Earned...

Dorian LPG announces pricing of public offering of 2,000,000 common shares

Dorian LPG announced that it has priced its previously announced underwritten public offering of 2,000,000 shares of common stock, par value $0.01 per share,...

Maersk raises full-year guidance

On the back of continued strong container market demand and the disruption caused by the ongoing crisis in the Red Sea, A.P. Møller -...

Yemen’s Houthis say they attacked two ships and American destroyer

Yemen’s Houthis said on Sunday that they had attacked two civilian ships along with...

Singapore marine bunker sales rebound after sliding four months

Marine bunker fuel sales in Singapore rebounded in May after logging monthly declines for...

Havila Shipping ASA: Contracts with Equinor Energy AS for the PSV vessels

The company has entered into contracts with Equinor Energy AS for the PSV vessels...

Posidonia 2024 bids farewell to record number of participants, renews rendezvous for 2026

2,038 exhibitors from 81 countries present at biggest ever Posidonia Posidonia 2024 has already gone...

Baltic index hits near 1-month peak on strong vessels demand

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry...

Zero Emission Port Alliance onboards leading organisations in container port industry

The Zero Emission Port Alliance (ZEPA) announces the onboarding of 11 organizations from the container port industry. Among the members are APM Terminals, CATL,...

Port Hedland Iron Ore Exports Up 8%

Pilbara Ports delivered a total monthly throughput of 68.8 million tonnes (Mt) for May 2024. This throughput was a 10 per cent increase compared to...

DP World announces major investments in Latin American ports to boost capacity and efficiency

DP World, a global leader in supply chain solutions, is making significant investments in its port terminals in Peru and Ecuador to enhance capacity...

PPA S.A.: Vibrant and engaging presence at Posidonia 2024

PPA S.A. once again showcases its vibrant and engaging presence at the prestigious Posidonia 2024 international shipping exhibition. Drawing a diverse array of visitors from...

China’s port throughput continues to grow; export decline slows further

Total throughput at China’s ports continued to increase in 1Q24, likely because recovering demand in the US and EU boosted container throughput, Fitch Ratings...