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Friday, February 14, 2025

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Food

Leading wheat and soybean exporters grapple with historic droughts

Top grain producing regions of Russia and Brazil experienced one of their driest Septembers on record, just as farmers in both export giants were...

China soybean imports from US gain pace in August

China’s soybean imports from the United States rose 70% in August from a year earlier, customsdata showed on Friday, as buyers took advantage of...

Ukraine grain exports rise to 6.4 mln T so far in 2024/25, ministry says

Ukraine’s grain exports in the 2024/25 July-June season had reached almost 6.4 million metric tons as of Aug. 23, up from 3.8 million tons...

Russian wheat export prices flat, analysts believe they have bottomed out

Russian wheat export prices were largely unchanged last week, and analysts say that prices have reached the bottom as farmers are reluctant to sell...

China June soy imports from Brazil rise 2%, customs data show

China’s soybean imports from Brazil rose 2.2% in June from a year earlier, data showed on Saturday, as Chinese buyers scooped up lower-priced South...

China’s June soybean imports up 10.7%, buyers focus on Brazil crop

China’s soybean imports in June rose 10.7% from a year earlier, a Reuters’ calculation of customs data showed onFriday, as buyers stocked up on...

China books first purchase of U.S. 2024-25 soybeans

China has booked its first purchases of U.S. soybeans for the 2024/25 marketing year, buying 132,000 metric tons of the oilseed, the U.S. Department...

Argentina soybean sales stall in June as currency gap widens

Argentine farmers’ soybean sales to commercial buyers stalled in June, the head of the country’s crushing and export chamber (CIARA-CEC) told Reuters, falling 45%...

Severe drought forces corn farmers in China’s east to delay planting

After weeks of scorching heat and little rain, farmer Zhang Yunjing had no choice but to collect water from a wastewaterpipe to irrigate her...

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...

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Ardmore Shipping announces financial results for the three and twelve months ended December 31

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2024. Highlights and Recent Activity Reported Adjusted earnings of $10.3 million for...

Navios Partners posts $1.33 billion revenues in 2024

Navios Maritime Partners L.P, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the fourth quarter and...

Scorpio Tankers announces financial results for the fourth quarter of 2024 and the declaration of a dividend

Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months and year ended December 31, 2024....

Wallenius Wilhelmsen closes record-year with another solid quarter

The financial result for the full year of 2024 is another record-breaking result for Wallenius Wilhelmsen as it exceeds the 2023 results. Adjusted EBITDA for...

HMM sees 2024 earnings & profits rise

HMM reported revenue of KRW 11,700 billion (US$8 billion), operating profit of KRW 3,513 billion (US$2.42 billion), and net profit of KRW 3,781 billion...

Baltic index snaps 3-day losing streak as supramax rates climb

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Baltic index declines for third day as capesize plunges to 2-year lowBaltic

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Baltic index slips on lower capesize, panamax rates

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

Suspected Somali pirates seize boat off Horn of Africa

Suspected Somali pirates have seized a Yemeni fishing boat off the Horn of Africa,...

MPC Capital expands maritime services business with energy efficiency and performance management solutions

The investment and asset manager MPC Capital has acquired a 50% stake in the...

Thessaloniki Port targets immediate launch of 6th pier project

The procedures for implementing the investment in the 6th pier of the port of Thessaloniki will begin immediately, according to the administration of the...

Port of Long Beach sees a strong start for 2025

The Port of Long Beach started the new year with its strongest January on record and its second-busiest month ever, largely driven by retailers...

An increasing number of cruise lines choose Piraeus as their homeport

More and more cruise lines are choosing the port of Piraeus as their starting point and homeporting point for their voyages. The benefits of homeporting...

Zululand Energy Terminal signs agreement to operate South Africa’s first LNG Terminal

Zululand Energy Terminal, a joint venture between Vopak Terminal Durban and Transnet Pipelines (TPL), has officially signed the Terminal Operator Agreement (TOA) with Transnet...

Thessaloniki port’s Master Plan gets the green light

The long-awaited presidential decree approving the Master Plan for the port of Thessaloniki was published in the Official Gazette, opening the way for the...