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Wednesday, April 23, 2025

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Food

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...

DP World & Rumo To Build New Grain And Fertilizer Terminal At Brazil’s Santos

DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos, to handle 12.5 million...

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CMB.TECH buys Hemen stake in Golden Ocean

CMB.TECH NV announced that it has entered into a share purchase agreement with Hemen Holding Limited, for the acquisition of 81,363,730 shares in Golden...

Lindsell Train buys stake in Clarksons

Clarkson PLC, a UK-based company, has announced a change in its major holdings. Lindsell Train Limited, based in London, has acquired or disposed of...

Excelerate Energy announces proposed offering of $700 million of senior notes due 2030

Excelerate Energy announced that Excelerate Energy Limited Partnership, a subsidiary of Excelerate, has commenced an offering of $700 million in aggregate principal amount of...

BW LPG Limited – Share buyback program completed

BW LPG Limited completed the share buyback program which was announced on 8 April 2025 and commenced from 8 April to 17 April 2025. During...

Abu Dhabi Exports Office signs USD235 million syndicated loan agreement to boost UAE trade with Trafigura

In a strategic move to empower UAE exporters and advance the nation’s economic diversification goals, the Abu Dhabi Exports Office (ADEX) has signed a...

Baltic Index unchanged as gains in smaller vessels counter muted capsize

The Baltic Exchange’s dry bulk sea freight index was unchanged on Tuesday as gains...

China’s Cosco says US levies risk upsetting global shipping

China’s largest shipping line said on Monday that the Trump administration’s plan to impose...

New Maritime Labour Convention amendments set to boost seafarers’ conditions

Seafarers are set to benefit from improved working and living conditions following the adoption...

Hackers take down Taiwan’s Wan Hai Lines website

Shipping company Wan Hai Lines’ website was taken offline by hackers on Friday and...

ICC: Pronounced spike in low-level crimes in Singapore Straits

The ICC International Maritime Bureau has revealed a rise in global piracy and armed...

Port of Antwerp vigilant over US tariffs impact

In the first quarter of 2025, Port of Antwerp-Bruges handled 67.7 million tonnes of cargo, a drop of 4.0% compared to the same period...

Stolthaven Terminals partners with Rönesans Holding on a landmark terminal in Türkiye

Stolthaven Terminals partnered with Rönesans Holding on the development of a new terminal, located in Ceyhan, Adana, Türkiye. The facility is part of a large-scale...

APSEZ acquires 50 MTPA capacity NQXT Australia, accelerating path to 1 billion tonnes p.a. by 2030

The Board of Directors of Adani Ports and Special Economic Zone, India’s largest integrated Transport Utility company has approved the acquisition of Abbot Point...

Piraeus to be reinforced with additional Port Guard officers

Minister of Maritime Affairs and Insular Policy, Vasilis Kikilias, asked for the reinforcement of the port of Piraeus with 50 additional Port Guard officers,...

March volume shows sustained growth at port of Los Angeles

The Port of Los Angeles processed 778,406 Twenty-Foot Equivalent Units (TEUs) in March, 4.7% more than last year. The Port ended the first quarter...