Turkey gets offers in 100,000 T durum wheat sale tender, traders say
The highest price offered in the tender from Turkey’s state grain board TMO to sell and export 100,000 metric tons…
Iraq exports over 106 mln barrels of crude oil in March
Iraq exported about 106.11 million barrels of crude oil in March, the country’s Oil Ministry announced. About 104.68 million barrels…
Indonesia palm oil exports slide by a quarter in February as rival oils become cheaper
Indonesia, the world’s biggest palm oil producer, saw February palm oil exports tumble by a quarter as buyers switched to…
South Korea’s MFG buys 134,000 T corn in tender, traders say
South Korea’s Major Feedmill Group (MFG) purchased an estimated 134,000 metric tons of animal feed corn in an international tender…
Morocco to pursue wheat imports till year-end after poor harvest
Morocco will provide subsidies for wheat imports between May 1 and Dec. 31, state grains agency ONICL said, indicating the…
Excess capacity hangs over recovering container market: Maersk CEO
Sailing the longer voyages around southern Africa has allowed carriers to address their excess capacity challenges, but that is a…
HMM plans for THE Alliance revamp with SM Lines trans-Pacific slot deal
The tie-up is part of a wider move by individual members of THE Alliance to broaden their respective networks and…
US HHG imports await housing recovery after two-year tumble
Elevated mortgage rates and inflation continue to drag down new home construction and remodeling activity, two of the major drivers…
Red Sea rate effect spreads to other trade lanes as demand rises: Maersk CEO
While the carrier is seeing robust volume gains across its main trade lanes, the transits around southern Africa are absorbing…
CMA CGM turns to tech provider to boost invoice accuracy for key accounts
The auditing initiative between the carrier and software vendor OpenEnvoy was kickstarted by CMA CGM’s ZEBOX technology incubator, which connects…