Freight News – Maritime News

Ukraine grain exports exceed 11 mln T so far in 2024/25, ministry says

by hellenicshippingnews… on 4 October 2024 at 9:00 pm

Ukraine’s grain exports in the 2024/25 July-June season exceeded 11 million metric tons as of Oct. 4, up from around 6.8 million tons in the previous season, agriculture ministry data showed on Friday. The volume included 6.4 million tons of wheat, almost 3 million tons of corn and more than 1.4 million tons of barley. …

Spain’s crude oil imports from Venezuela hit 15-year high

by hellenicshippingnews… on 4 October 2024 at 9:00 pm

Spain’s crude oil imports from Venezuela have this year reached levels not seen since 2009, according to data released on Friday by Cores, an arm of Spain’s energy and environment ministry. In August, Spain imported 303,000 metric tons of crude from Venezuela, with the total so far this year topping 2 million tons. That is …

Chevron to Increase Gas Supplies to Angola LNG

by hellenicshippingnews… on 4 October 2024 at 9:00 pm

Energy supermajor Chevron will supply 600 million standard cubic feet of gas per day to the Angola LNG (ALNG) facility by the end of the year. This comes as the Sanha-Lean Gas Connection (SLGC) Project – developed by Chevron’s local subsidiary and set to deliver lean gas to the ALNG onshore plant – prepares for …

Egypt to import 7 LNG shipments in October

by hellenicshippingnews… on 4 October 2024 at 9:00 pm

The Egyptian Ministry of Petroleum and Mineral Resources is planning to import seven shipments of liquefied natural gas (LNG) in October to meet the national gas network’s daily requirements, Al Arabiya Business reported, citing a government official. Of the seven shipments, six will be received at Ain Sokhna Port and gasified on the floating storage …

Russia’s Sovecon cuts 2024/25 wheat export forecast on bad weather

by hellenicshippingnews… on 4 October 2024 at 10:00 am

Agricultural consultancy Sovecon cut its 2024/25 Russian wheat export forecast to 47.6 million metric tons from 48.1 million tons due to bad weather affecting the harvest, noting high export volumes at the start of the season. Total grain exports are estimated at 55.4 million metric tons, compared to 56.5 million metric tons earlier, it said. …

India’s Sept palm oil imports hit 6-month low on price rise, dealers say

by hellenicshippingnews… on 4 October 2024 at 10:00 am

India’s palm oil imports in September fell by nearly a third compared to the previous month, hitting a six-month low as a surge in tropical oil prices made it more expensive than rival oils, forcing refiners to postpone purchases, five dealers said. Lower purchases by the world’s biggest importer of vegetable oils could lead to …

Japan top buyer of LNG from Russia’s Sakhalin 2, Ifx reports

by hellenicshippingnews… on 4 October 2024 at 10:00 am

Japan is currently the biggest importer of liquefied natural gas (LNG) from Russia’s Sakhalin 2 plant accounting for 57.5% of its exports, Interfax news agency quoted a company senior manager as saying. Japan has reduced its imports of Russian energy since the start of Russian’s military conflict with Ukraine but has kept stakes in several …

Saudi Arabia tenders for 295,000 T of hard milling wheat, says GFSA

by hellenicshippingnews… on 3 October 2024 at 9:00 pm

Saudi Arabia has issued a tender to buy 295,000 metric tons of hard milling wheat for arrival from December through January, the General Food Security Authority (GFSA) said on Thursday. Five consignments of 12.5% protein wheat are sought, with 120,000 tons each for shipment to the ports of Jeddah and Yanbu, plus 55,000 tons to …

UAE supplies Japan with 45.3% of its oil imports in August 2024

by hellenicshippingnews… on 3 October 2024 at 9:00 pm

Japan imported 31.75 million barrels of oil from the UAE in August 2024, accounting for 45.3 percent of its total imports for the month, according to data from the Agency for Natural Resources and Energy under Japan’s Ministry of Economy, Trade and Industry. The data shows that Japan’s total oil imports in August reached approximately …

Egypt’s GASC agrees to large direct wheat deal, sources say

by hellenicshippingnews… on 3 October 2024 at 5:00 pm

Egypt’s state grains buyer has agreed one of its largest ever direct wheat deals for monthly supplies from November to April, two sources with direct knowledge of the matter told Reuters. The wheat will be shipped to the General Authority for Supply Commodities (GASC) with around 510,000 metric tons to be supplied every month sourced …

Kazakhstan seeks clarity from Russia over grain transit halt

by hellenicshippingnews… on 3 October 2024 at 5:00 pm

Kazakhstan has asked Moscow to prove claims it has breached rules on plant health, the reason cited by Moscow for an effective ban of imports and transit of Kazakh grain, Kazakh officials said on Thursday. Both Russia and Kazakhstan are net grain exporters, but Kazakhstan relies on transit through Russian territory to sell its grain …

Russia’s Sakhalin 2 boosts LNG spot sales to China, Ifx says

by hellenicshippingnews… on 3 October 2024 at 10:00 am

Russia’s Sakhalin 2 plant has significantly increased spot sales of liquefied natural gas (LNG) to China, while the bulk of cargoes under long-term contracts is still supplied to Japan, Interfax (Ifx) news agency reported on Wednesday, citing the plant’s senior manager. “We have increased supply of spot shipments to China. We maintain all our long-term …

Russian grain exporters union calls for limits to excessive grain exports

by hellenicshippingnews… on 3 October 2024 at 10:00 am

Russia’s export volumes from the first quarter of the 2024-2025 season were excessive, the country’s grain exporters’ union said on Wednesday, calling for a quota mechanism to limit shipments. The union said the first quarter export volume was roughly 17 million metric tons, citing preliminary data, already a quarter of the new season’s export potential. …

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