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  • info lily-shipping
    Dear Sir Good day, We have the honor to welcome shipping companies, shipping agents, Ship management companies, Recruiting agents, honorable personality and related concerns to recruit Bangladeshi seafarers. Lily Shipping Limited day by day is emerging as a giant in the country’s maritime market providing world standard seafarers for the safe and secure operation of a wide range of ships worldwide. Bangladeshi seafarers are of relatively high standards in proficiency, hardworking and able to understand various languages up to the required standards. They are well behaved, obedient, trustworthy, nonalcoholic and possess a high moral courage. They are content with reasonable wages. Crew Manning All types of crew sourcing and recruitments. Crew Welfare Our Company is quite aware about the welfare of its crews. We have the required knowledge and experience about the maritime labor laws, Maritime labor Convention MLC 2006 and international labor law (ILO) as well. We concentrate not only on the welfare of the crew members but also their family prospects and necessities. We stay close and connected with the government semen and labor welfare directorate to ensure their rights and necessities. Your kind Co-Operation will be Highly Appreciated. Thanks
    2021-06-29 09:03:17
  • PortDA
    Hi Sabashipping this is new user enquiry for my good vessel
    2021-08-05 17:06:06
  • PortDA Admin
    hello agent
    2021-08-22 19:33:51
  • PortDA Admin
    hi
    2021-08-22 20:05:59
  • PortDA
    Hi this enquiry is for Saba Shipping
    2021-08-22 20:07:12
  • PortDA
    Hi this enquiry is for Saba Shipping
    2021-08-22 20:07:34
  • PortDA Admin
    test
    2021-08-22 20:16:13
  • PortDA Admin
    2021-08-22 20:24:48
  • PortDA Admin
    test
    2021-08-22 20:28:53
  • PortDA Admin
    hello sir
    2021-08-24 15:13:48
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    hello sir
    2021-08-24 15:16:47
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    test msg
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  • PortDA Admin
    hi there
    2021-08-24 15:49:37
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    ......
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    12345
    2021-08-24 16:05:58
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    12345
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    retest
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    retest
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    test msg
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    hello
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  • bab al ugsa
    I would like to know more details
    2022-04-06 13:04:56
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Recent News

Japan seeks 27,320 tonnes of food wheat via tenders

Japan amp 8217 s Ministry of Agriculture, Forestry and Fisheries MAFF is seeking to buy a total of 27,320 tonnes of food quality wheat from Australia in regular tenders that will close on Thursday. Japan, the world amp 8217 s sixth biggest wheat importer, keeps a tight grip on imports of the cou....

Hellenic Shipping Freight News Published 2y-1d-19h-23m ago

China imports 13% less crude oil from Saudi in March, 14% less from Russia -customs

Saudi Arabia exported nearly 13% less oil to China in March than a year earlier but retained its top supplier spot, while shipments from second ranking Russia slipped 14%, Reuters amp 8217 calculations based on Chinese customs data showed. Saudi crude arrivals totalled 6.858 million tonnes last mo....

Hellenic Shipping Freight News Published 2y-1d-19h-23m ago

U.S. refiners receiving last Russian oil cargoes before wind-down

Nine tankers carrying Russian origin crude and fuel oil have discharged in the United States in April, likely the last ones to deliver before a wind down set by Washington expires this week, customs and tanker tracking data showed. The United States last month set an April 22 ban on imports of Russi....

Hellenic Shipping Freight News Published 2y-1d-19h-23m ago

India: Stage set for resumption of ore exports from Karnataka

Iron ore exports from Karnataka may resume after several years as the two key agencies that have long opposed the shipments citing rising demand for the key input for steel from domestic manufacturers have relented. As the Union steel ministry, in an affidavit to the Supreme Court, supported lifting....

Hellenic Shipping Freight News Published 2y-1d-19h-23m ago

Liquefied natural gas exports continue to lead growth in U.S. natural gas exports

Since the United States began exporting more natural gas than it imports on an annual basis in 2017, natural gas exports both by pipeline and as liquefied natural gas LNG have grown significantly. In our Short Term Energy Outlook STEO , we forecast that LNG exports will continue to lead the growt....

Hellenic Shipping Freight News Published 2y-1d-19h-24m ago

Russia’s Gazprom says it continues gas exports to Europe via Ukraine

Russian gas producer Gazprom continued to supply natural gas to Europe via Ukraine on Wednesday in line with requests from European consumers, it said. Requests stood at 56 million cubic metres for April 20, the company said, up from 54.8 million cubic metres for April 19. Source: Reuters Reporting....

Hellenic Shipping Freight News Published 2y-1d-19h-24m ago

Japan March crude import volume up 5.4 pct

Japan amp 8217 s customs cleared crude oil imports rose 5.4 per cent in March from the same month a year earlier, the Ministry of Finance said on Wednesday. Japan, the world amp 8217 s fourth biggest crude buyer, imported 2.62 million barrels per day 12.934 million kilolitres of crude oil last m....

Hellenic Shipping Freight News Published 2y-1d-23h-23m ago

Venezuela’s PDVSA readies diesel cargo to Cuba after 7-month pause -document

Venezuela amp 8217 s PDVSA is preparing to ship a 190,000 barrel cargo of diesel to Cuba, a document from the state run oil firm showed, a move to help its closest political ally stave off fuel shortages and prevent summer electricity blackouts. The Communist ruled island, which depends on imports ....

Hellenic Shipping Freight News Published 2y-2d-3h-23m ago

India, Iran likely to hold talks on resuming oil exports

India and Iran may soon begin exploratory talks on the resumption of bilateral trade in items such as crude oil and fertilisers, Indian media have reported. India and Iran may soon begin exploratory talks on the resumption of bilateral trade in items such as crude oil and fertilisers that have faced....

Hellenic Shipping Freight News Published 2y-2d-3h-23m ago

Tunisia’s grain purchases in coming period of 2022 will be 1.185 mln tons

Tunisia amp 8217 s grain purchases in the coming period of 2022 will be 1.185 million tons, bringing its total required grain imports in the whole of the year to 2.680 million tons, a document seen by Reuters showed. Tunisia amp 8217 s purchases during the next period of the year include 600,000 t....

Hellenic Shipping Freight News Published 2y-2d-3h-23m ago

OPEC share of India’s oil imports steadies after six-year slump

OPEC amp 8217 s share of India amp 8217 s oil imports for the 2021/22 financial year remained almost flat year on year, arresting sharp declines over the the past six years, as refiners snapped up short haul crude from the middle east to counter rising global prices. Total crude imports by the wor....

Hellenic Shipping Freight News Published 2y-2d-7h-23m ago

Asia more concerned about oil price fallout from Libyan woes than cargo flows

Libya amp 8217 s oil production woes may not dramatically alter Asia amp 8217 s crude buying plans due to the region amp 8217 s relatively low dependence on those supplies, but refiners are bracing for some price impact and supply squeeze as traditional customers of the North African OPEC produce....

Hellenic Shipping Freight News Published 2y-2d-7h-23m ago

As Germany joins LNG import race, a long and crowded track awaits

Even if Germany can deliver on its aim to build two liquefied natural gas LNG terminals in a speedy two years, Europe’s biggest economy will be barely off the starting line in its race to replace Russian gas. The terminals could regasify enough LNG to meet perhaps about a third of the supply Ger....

Hellenic Shipping Freight News Published 2y-2d-7h-23m ago

Russia’s Gazprom says it continues gas exports to Europe via Ukraine

Russian gas producer Gazprom GAZP.MM continued to supply natural gas to Europe via Ukraine on Tuesday in line with requests from European consumers, it said. Requests stood at 54.8 million cubic metres for April 19, the company said, down from 56.9 million cubic metres for April 18. Source: Reuters ....

Hellenic Shipping Freight News Published 2y-2d-19h-23m ago

Azerbaijan exports 5.8m tons of oil in 1Q2022

Azerbaijan has exported 5.8 million tons of oil worth $3.6 billion in January March 2022, the State Customs Committee has reported. In the first quarter of the year, Italy was the main oil importer from Azerbaijan, accounting for 2.3 million tons of oil worth $1.4 billion. The top five countries in ....

Hellenic Shipping Freight News Published 2y-2d-19h-24m ago

Japan seeks 137,516 tonnes of food wheat via tenders

Japan amp 8217 s Ministry of Agriculture, Forestry and Fisheries MAFF is seeking to buy a total of 137,516 tonnes of food quality wheat from the United States, Canada and Australia in regular tenders that will close on Thursday. Japan, the world amp 8217 s sixth biggest wheat importer, keeps a t....

Hellenic Shipping Freight News Published 2y-2w-2d-19h-23m ago

France top destination for US LNG in March amid Europe supply disruption fears

France was the top destination for US LNG cargoes in March as Europe began refilling storage after inventories bottomed out and as Russia amp 8217 s war in Ukraine raised fears of pipeline gas disruptions. Spain was a close second, followed by the UK, an April 4 analysis of trade flow data by S amp....

Hellenic Shipping Freight News Published 2y-2w-2d-19h-23m ago

Kazakhstan considers limiting grain and flour exports

Kazakhstan is considering temporarily limiting grain and flour exports after neighbour Russia banned grain exports, Agriculture Minister Yerbol Karashukeyev said on Monday. He provided no detail of the possible limitations. Kazakhstan has used export quotas in the past. Karashukeyev said the authori....

Hellenic Shipping Freight News Published 2y-2w-2d-19h-24m ago

Saudi’s SAGO completes procedures for importing 625,000 tons of wheat

The Saudi Grains Organization SAGO has completed the procedures for importing 625,000 tons of wheat from the origins of Europe, North and South America, and Australia. Governor of the SAGO Eng. Ahmad Bin Abdulaziz Al Fares said that contracting this batch comes within the framework of strengthenin....

Hellenic Shipping Freight News Published 2y-2w-2d-19h-24m ago

India’s wheat exports hit record 7.85 million tonnes in 2021-22 -traders

India amp 8217 s wheat exports hit 7.85 million tonnes in the fiscal year to March, an all time high and a sharp increase from 2.1 million tonnes in the previous year, traders said, as Russia amp 8217 s invasion of Ukraine cuts off rival Black Sea supplies. Earlier this month, a top government off....

Hellenic Shipping Freight News Published 2y-2w-2d-23h-23m ago

Australia sees global uncertainty driving resource export earnings to record

Australia amp 8217 s mining and energy export earnings are forecast to reach a record A$425 billion $318 billion in 2021 22, although prices of its key iron ore shipments are expected to ease, the government said on Monday. Resource export earnings are forecast to climb 33% in the 2021–22 finan....

Hellenic Shipping Freight News Published 2y-2w-3d-7h-23m ago

China lifts aluminium exports as Western production slides

China is stepping up exports of aluminium to fill a widening supply gap in Western markets. The country shipped out 26,378 tonnes of primary aluminium in February, the highest monthly total since 2010. Imports collapsed over the first two months of the year, with the result that China turned a net e....

Hellenic Shipping Freight News Published 2y-2w-3d-7h-23m ago

India signs deals to export 7.2 mln T sugar in 2021/22, says trade body

Indian mills have signed contracts to export 7.2 million tonnes of sugar in the 2021/22 marketing year without government subsidies, a leading trade body said on Monday. Mills have already dispatched around 5.7 million tonnes since the start of the marketing year on Oct. 1, the Indian Sugar Mills As....

Hellenic Shipping Freight News Published 2y-2w-3d-19h-23m ago

Uzbekistan plans to buy up to 600,000 t of grain for state stockpile

Uzbekistan plans to buy up to 600,000 tonnes of grain from Kazakhstan, its main supplier, and elsewhere to boost state stockpiles and ensure domestic food security as global food prices spike, the government said in a notice on Monday. The Central Asian republic buys 90% of its grain imports from ne....

Hellenic Shipping Freight News Published 2y-2w-3d-19h-23m ago

Iraq oil exports reach $11.07bn in March amid higher demand

Iraq exported $11.07 billion worth of oil in March, the highest level for half a century, as crude prices soared amid shortfall fears after Russia amp 8217 s invasion of Ukraine, the oil ministry said. The second largest producer in the Organisation of the Petroleum Exporting Countries, Iraq sold ....

Hellenic Shipping Freight News Published 2y-2w-3d-19h-24m ago

Venezuela’s March oil exports slip amid struggles with returned cargoes

Petroleum exports from Venezuela declined about 4% in March from the previous month as its state run oil company dealt with crude cargoes returned by customers over poor oil quality, documents and vessel monitoring data showed. A high level meeting between U.S. and Venezuelan officials in Caracas in....

Hellenic Shipping Freight News Published 2y-2w-3d-19h-24m ago

Jordan issues new tender to buy 120,000 tonnes wheat, traders say

Jordan amp 8217 s state grain buyer has issued an international tender to buy 120,000 tonnes of milling wheat which can be sourced from optional origins, European traders said on Monday. The deadline for submission of price offers in the tender is said to be April 6. Source: Reuters Reporting by M....

Hellenic Shipping Freight News Published 2y-2w-3d-19h-24m ago

Indian state cancels Adani bids to supply imported coal

India amp 8217 s southern Andhra Pradesh has cancelled bids made for two separate tenders by India amp 8217 s Adani Enterprises to supply imported coal as the prices quoted were too high, two state government officials told Reuters. It is the first time in recent years that a major government tend....

Hellenic Shipping Freight News Published 2y-2w-3d-23h-23m ago

Ukraine March grain exports fall sharply vs Feb – ministry

Ukrainian grain exports in March were four times less than February levels, due to the Russian invasion, the economy ministry said on Sunday. March grain shipments overseas included 1.1 million tonnes of corn, 309,000 tonnes of wheat, and 118,000 tonnes of sunoil, the ministry added. Ukraine was the....

Hellenic Shipping Freight News Published 2y-2w-3d-23h-23m ago

EU must discuss import ban on Russian gas, German defence minister says

Germany amp 8217 s defence minister said on Sunday that the European Union must discuss banning the import of Russian gas after Ukrainian and European officials accused Russian forces of committing atrocities near Kyiv. amp 8220 There has to be a response. Such crimes must not remain unanswered, ....

Hellenic Shipping Freight News Published 2y-2w-3d-23h-24m ago

U.S. liquefied natural gas exports rise 16%, to new record

U.S. liquefied natural gas LNG exports rose nearly 16% last month to a record high, according to preliminary Refinitiv data, with shipments to Europe continuing to dominate. U.S. LNG is in high demand as European countries try to cut gas imports from Russia following its invasion of Ukraine while ....

Hellenic Shipping Freight News Published 2y-2w-4d-3h-23m ago

Russia plans ESPO Blend oil sea exports at record high for May

The crude oil prices of Russia ESPO Blend from Kozmino have increased by 3.3 million tonnes for May, a record monthly high expected to be loaded from the port, according to the April schedule. According to Reuters estimates, oil loadings for ESPO Blend will increase about 3% daily. Record loadings p....

Hellenic Shipping Freight News Published 2y-3w-1d-19h-23m ago

Taiwan buys 40,000 tonnes wheat of U.S.-origin in tender -traders

The Taiwan Flour Millers amp 8217 Association purchased an estimated 40,000 tonnes of milling wheat to be sourced from the United States in a tender which closed on Wednesday, European traders said. The wheat was bought in one consignment comprising various wheat types for shipment from the U.S. P....

Hellenic Shipping Freight News Published 2y-3w-1d-19h-23m ago

Ukraine’s Metinvest doubles iron ore exports to Europe despite fighting

Ukraine amp 8217 s largest steelmaker Metinvest has doubled its iron ore shipments this month to Europe despite fighting that has ravaged the country, its chief executive said. The company typically used to ship 500,000 to 600,000 tonnes of iron ore concentrate or pellets to Europe each month, but ....

Hellenic Shipping Freight News Published 2y-3w-1d-19h-24m ago

Iran’s condensate exports quadrupled in August-March: Minister

Iran’s oil minister Javad Owji says condensate exports from the country rose nearly four fold over the past eight months. Speaking to the Iranian radio on Monday, Owji said that exports of condensate, which is a very light form of crude, reached nearly 240,000 barrels per day bpd at the end of t....

Hellenic Shipping Freight News Published 2y-3w-1d-23h-23m ago

India buys Russian sunoil at record high price as Ukraine supplies halt

India has contracted 45,000 tonnes of Russian sunflower oil at a record high price for shipments in April as edible oil prices in the local market surged after supplies from rival Ukraine stopped because of the war, five industry officials told Reuters. Sunflower oil from Russia could help the world....

Hellenic Shipping Freight News Published 2y-3w-2d-3h-23m ago

Russia resumes LPG exports from Sea of Azov

Russia is set to resume supplies of liquefied petroleum gas LPG from a Sea of Azov port on Tuesday for the first time since Moscow started its military operation in Ukraine, data from the port and Refinitiv Eikon showed. Supplies of LPG, which is used in the petrochemical industry and to fuel vehi....

Hellenic Shipping Freight News Published 2y-3w-2d-7h-23m ago

France to help Egypt secure wheat supplies in coming months, minister says

France will ensure that Egypt gets the wheat it needs in the coming months as the war in Ukraine creates supply risks for grain importing countries, French Finance Minister Bruno Le Maire said on Monday. Egypt, among the world amp 8217 s biggest wheat importers, is heavily reliant on shipments from....

Hellenic Shipping Freight News Published 2y-3w-2d-19h-23m ago

Indonesian coal may find homes in Europe amid volatile prices — ICMA

A disrupted global market may lead to Indonesian coal finding new homes in Europe as the ongoing Russia Ukraine conflict continues to create turmoil in trade flows and is expected keep global prices of the fossil fuel volatile over the next six seven months, Indonesian Coal Mining Association Direct....

Hellenic Shipping Freight News Published 2y-3w-2d-19h-23m ago

Turkey trims corn import tender purchase to 100,000 T, traders say

Turkish grain board TMO booked about 100,000 tonnes of corn in an international tender for imported supplies on Monday, scaling back an initial volume of 300,000 tonnes, traders said. The tender sought about 325,000 tonnes for shipment from optional origins to a series of Turkish ports between April....

Hellenic Shipping Freight News Published 2y-3w-2d-19h-23m ago

East-West gasoil March loadings gather steam on Russia-Ukraine unrest

Asia amp 8217 s gasoil exporters are taking advantage of arbitrage lanes to Europe whenever viable as Russian export dependent buyers seek alternatives amid the ongoing war in Ukraine. Spot deals for Asian gasoil loadings in tankers in March, with options for delivering gasoil to Europe, are projec....

Hellenic Shipping Freight News Published 2y-3w-2d-19h-23m ago

Crude oil exports from other countries may pass through Russian infrastructure

Earlier this month, President Biden banned U.S. imports of crude oil, refined petroleum products, natural gas, coal, and coal products that originate in Russia. The President’s executive order, however, does not restrict U.S. energy imports originating in other countries that transit through Russi....

Hellenic Shipping Freight News Published 2y-3w-2d-19h-24m ago

USDA attache sees Egypt 2022/23 wheat imports falling to 11 mln t

The following are selected highlights from a report issued by the U.S. Department of Agriculture amp 8217 s USDA Foreign Agricultural Service FAS post in Cairo: amp 8220 Egypt is closely following the repercussions of the Russian Ukrainian crisis. Certainly Egypt amp 8217 s grains imports fr....

Hellenic Shipping Freight News Published 2y-3w-2d-19h-24m ago

China’s ENN agrees to buy 2.7 mil mt/year LNG from Energy Transfer

Energy Transfer amp 8217 s proposed Lake Charles LNG export terminal in Louisiana will supply 2.7 million mt/year of volumes to China amp 8217 s ENN and affiliates under two long term agreements disclosed March 29. The 20 year sale and purchase agreements are the first firm offtake deals announced....

Hellenic Shipping Freight News Published 2y-3w-2d-19h-24m ago

Gazprom says Russia’s gas exports to Europe via Ukraine remain high

Russian gas exports via Ukraine to Europe by state owned Gazprom remained high and stable on Tuesday, the company said. It said requests for gas from its customers in Europe for transit via Ukraine stood at 109.5 million cubic metres mcm for Tuesday, unchanged from Monday. Earlier on Tuesday, RIA ....

Hellenic Shipping Freight News Published 2y-3w-2d-19h-24m ago

Germany to halve Russian oil imports by mid-2022

Germany plans to halve Russian oil imports by the middle of the year and become almost independent by the end of 2022, the Ministry of Economy and Climate Protection BMWK said. The country amp 8217 s dependence on Russian oil would be reduced in the coming weeks to around 25 percent through contr....

Hellenic Shipping Freight News Published 2y-3w-3d-3h-23m ago

Gunvor backs out of LNG deliveries to Pakistan from April-June: officials

Pakistan has received refusal notices from commodity trader Guvnor to supply four LNG cargoes expected in the next three months, forcing the South Asian country to purchase LNG on the spot market at record high prices and grapple with energy security concerns, officials at its energy ministry told S....

Hellenic Shipping Freight News Published 2y-3w-3d-3h-23m ago

Indonesia’s Pertamina considers buying crude from Russia -CEO

Indonesian state energy firm PT Pertamina is considering buying crude oil from Russia as it seeks oil for a newly revamped refinery, chief executive officer Nicke Widyawati said on Monday. Speaking at a parliamentary hearing, she said amid current geopolitical tensions, Pertamina saw amp 8220 an o....

Hellenic Shipping Freight News Published 2y-3w-3d-3h-23m ago

India says no plans for now to buy Russian oil in rupees

India is not considering buying oil from Russia or any other country using Indian rupees, the junior oil minister told parliament on Monday, after Western nations imposed sanctions on Russia over its invasion of Ukraine. With Western sanctions hitting Russia amp 8217 s dollar based trading, there i....

Hellenic Shipping Freight News Published 2y-3w-3d-7h-23m ago

Russian wheat exports via Black Sea steady, domestic grain prices rally

Russia kept its wheat exports steady via its Black Sea ports last week as Azov Sea routes remain restricted, analysts said on Monday, while domestic prices for the grain continued to rally because of the recent weakening of the rouble. Western sanctions imposed on Russia for what Moscow calls amp ....

Hellenic Shipping Freight News Published 2y-3w-3d-7h-23m ago

U.S. weighs cutting Russian oil imports amid broad public support

The Biden administration is weighing cutting U.S. imports of Russian oil and ways to minimize the impact on global supplies and consumers, the White House said on Friday, as lawmakers fast track a bill that would ban Russian energy imports entirely. amp 8220 We are looking at ways to reduce the im....

Hellenic Shipping Freight News Published 2y-1mo-2w-1d-18h-23m ago

China eyes nonferrous metal exports as seaborne prices soar amid Ukraine conflict: sources

Some China based producers and traders of nonferrous metals are seeking export opportunities after seaborne prices rose sharply due to the Russia Ukraine conflict, while losses widened on imports, industry sources said March 4. Domestic Chinese prices of nonferrous metals, such as aluminum, alumina,....

Hellenic Shipping Freight News Published 2y-1mo-2w-1d-18h-24m ago

Pakistan secures 10 LNG cargoes at cost of $14.5 mmbtu

The country has purchased around 10 liquefied natural gas LNG cargoes at a weighted average cost of $14.5 mmbtu Metric Million British Thermal Units for the current month, which is almost 75 percent less as compared to the existing rate of $60/mmbtu in the international spot market. Minister for....

Hellenic Shipping Freight News Published 2y-1mo-2w-1d-18h-24m ago

Shell buys cargo of Russian crude loading mid-March from Trafigura

Shell bought a cargo of Russian crude oil from Swiss trader Trafigura in S amp 38 P Global Platts window loading from Baltic ports at a record low of dated Brent minus $28.50 a barrel, traders said on Friday. The cargo is due to load March 14 18 and is the first Russian crude deal in weeks to be ......

Hellenic Shipping Freight News Published 2y-1mo-2w-1d-22h-23m ago

US coal export prices hit all-time highs

Global energy prices rose sharply this week amid the Russia Ukraine conflict, a trend that hit US thermal coal export prices March 3. FOB Baltimore and FOB NOLA coal prices hit record highs, according to the Platts assessment by S amp 38 P Global Commodity Insights. amp 8220 These are times like ....

Hellenic Shipping Freight News Published 2y-1mo-2w-1d-22h-23m ago

First U.S. refiner suspends purchases of Russian crude for Hawaii refinery

Par Pacific Holdings Inc said it would suspend the purchases of Russian crude oil for its Hawaii refinery, the first U.S. refiner to publicly refuse the country amp 8217 s oil following a wave of sanctions imposed after Moscow amp 8217 s invasion of Ukraine. The United States is open to imposing s....

Hellenic Shipping Freight News Published 2y-1mo-2w-1d-22h-23m ago

Indian sugar exports and output could hit record high, says trade body

India could export a record 7.5 million tonnes of sugar in the 2021/22 marketing year, nearly 25% more than the previous estimate, with output set to reach a record high thanks to beneficial weather, a leading trade body said on Friday. Higher exports from the world amp 8217 s second biggest sugar ....

Hellenic Shipping Freight News Published 2y-1mo-2w-1d-22h-23m ago

Chinese refiners tap alternative payments to keep Russian oil flowing

Chinese refiners are paying for Russian crude oil using cash transfers to maintain imports from Russia amp 8217 s Fast East, as banks shy away from financing the oil because of sanctions, sources with knowledge of the matter said. Global oil prices LCOc1 have soared to their highest in a decade as ....

Hellenic Shipping Freight News Published 2y-1mo-2w-3d-18h-23m ago

Ukraine crisis throws Egypt’s wheat purchases into doubt

Russia amp 8217 s invasion of Ukraine has left Egypt amp 8217 s wheat import prospects in turmoil, with two cargoes purchased by Egypt amp 8217 s state buyer stuck at Ukrainian ports, other deliveries at risk, and prices soaring, traders say. However, Egypt amp 8217 s reserves mean it is not in ....

Hellenic Shipping Freight News Published 2y-1mo-2w-3d-18h-23m ago

India’s BPCL seeks extra Gulf oil, fearing Russian supply hit – source

State run Indian refiner Bharat Petroleum Corp.BPCL.NS is seeking extra oil from Middle Eastern producers for April, fearing Western sanctions against Russia could hit deliveries of Urals crude, a source familiar with the matter said. BPCL, India second biggest state refiner, on an average buys two ....

Hellenic Shipping Freight News Published 2y-1mo-2w-3d-18h-24m ago

Buyers shun Black Sea loadings of Kazakh CPC crude due to Russia-Ukraine conflict

Exports of Kazakhstan amp 8217 s CPC Blend crude were being impacted by the conflict in Ukraine with some buyers canceling loadings of the key grade at the Russian port of Novorossiisk as the Black Sea route incurred a war risk premium. Loadings on at least three tankers due to take place in the we....

Hellenic Shipping Freight News Published 2y-1mo-2w-3d-18h-24m ago

Turkey said to cut wheat purchase to 285,000 tonnes on high prices – traders

Turkey amp 8217 s state grain board TMO has informed traders it will cut its purchase of wheat in an international tender to about 285,000 tonnes from 370,000 tonnes provisionally awarded on Wednesday because of high prices, traders said. The tonnages purchased in TMO’s tenders are always provisi....

Hellenic Shipping Freight News Published 2y-1mo-2w-3d-18h-24m ago

South Africa’s Gigajoule expects to import first LNG cargo at new Mozambique terminal by mid-2025

South African energy company Gigajoule is confident of reaching financial closure by year end ahead of construction of its $550 million Matola LNG import terminal in Mozambique with joint development partner TotalEnergies TTEF.PA, the chief executive of the privately held firm said on Thursday. The ....

Hellenic Shipping Freight News Published 2y-1mo-2w-3d-22h-23m ago

AFPM, US refiners support suspension of Russian crude, refined products imports

The American Fuel amp 38 Petrochemical Fuel Manufacturers reiterated its position supporting the Ukraine against Russian military action, calling for the suspension of US imports of Russian crude oil and refined products. amp 8220 AFPM fully supports the suspension of all future purchases of cr....

Hellenic Shipping Freight News Published 2y-1mo-2w-3d-22h-23m ago

US House Speaker Pelosi supports US ban on Russian oil imports

US House of Representatives Speaker Nancy Pelosi said March 3 she supports a bipartisan push to ban US imports of Russian crude, as a growing number of countries take aim at the flows as Ukraine remains under attack. amp 8220 I amp 8217 m all for that. Ban it. Ban the oil coming from Russia, amp ....

Hellenic Shipping Freight News Published 2y-1mo-2w-3d-22h-23m ago

Algeria to allow French wheat imports due to Ukraine conflict

Algeria will allow French wheat imports in March because of disruption to Black Sea shipments, traders said on Thursday, overturning a recent exclusion that had hit the EU amp 8217 s biggest wheat exporter. Relations between France and its former colony were damaged in October when President Emmanu....

Hellenic Shipping Freight News Published 2y-1mo-2w-4d-2h-23m ago

China likely to lift March gasoline, gasoil outflows as export margins rise

Chinaese oil companies are likely to lift March oil products outflows above their planned targets as export margins rise, refiners and analysts told S amp 38 P Global Commodity Insights March 3. The country amp 8217 s oil products export quota holders late February set total gasoline exports for M....

Hellenic Shipping Freight News Published 2y-1mo-2w-4d-6h-23m ago

UK foreign minister Truss floats idea of ‘ceiling’ on Russia oil and gas imports

UK Foreign Secretary Liz Truss has floated the idea on Feb. 27 of G7 countries imposing limits on the amount of oil and gas they can import from Russia as part of a widening raft of economic measures and sanctions in response to the invasion of Ukraine. amp 8220 I would support the idea of having ....

Hellenic Shipping Freight News Published 2y-1mo-3w-18h-23m ago

Russian oil buyers struggle with payments and vessels -traders

Buyers of Russian oil have faced massive difficulties over payments and availability of vessels after imposition of Western sanctions against Moscow over Ukraine, traders said on Monday. The West has introduced wide range sweeping sanctions, including on the banking sector, after Russia amp 8217 s ....

Hellenic Shipping Freight News Published 2y-1mo-3w-18h-23m ago

Asian buyers shun Russian commodities as payment concerns mount

Many Asian buyers have been backing off from a wide range of Russian commodities like oil, gas, coal and the chartering of Russian vessels on growing uncertainty over payments and widening efforts to sever Moscow from the global financial system, traders said. The uncertainty stems from an increasin....

Hellenic Shipping Freight News Published 2y-1mo-3w-18h-23m ago

Egypt issues wheat tender as Ukraine war threatens supply

Egypt has launched an international wheat tender to import wheat from April 13 to 26, just 48 hours after canceling a tender that received only a single offer. The Egyptian Supply Commodities Authority set a Feb. 28 deadline for offers for the new tender. It canceled an international wheat tender on....

Hellenic Shipping Freight News Published 2y-1mo-3w-18h-24m ago

BP cancels fuel oil loadings from Russian Black Sea port – sources

Oil major BP has cancelled all of its fuel oil loadings from the Russian Black Sea port of Taman due to Russia amp 8217 s invasion of Ukraine, sources familiar with the matter said. BP was due to load a 60,000 tonne cargo of fuel oil on March 5, according to the sources and a loading list for the .....

Hellenic Shipping Freight News Published 2y-1mo-3w-22h-23m ago

Surgutneftegaz fails to award spot tender for March Urals oil in Baltic – traders

Russia amp 8217 s Surgutneftegaz did not award its spot tender for 200,000 tonnes of Urals oil from Baltic ports in March as the company received no bids from buyers, three traders said on Monday. The producer offered two cargoes of 100,000 tonnes each loading on March 10 11 from the Primorsk and U....

Hellenic Shipping Freight News Published 2y-1mo-3w-22h-23m ago

Japan’s JERA does not currently see SWIFT ban impacting Sakhalin 2 LNG imports

Japan amp 8217 s largest power generation company JERA does not currently see the latest financial sanctions on Russia, including barring designated Russian banks from the international payment system SWIFT, impacting its LNG imports from the Sakhalin 2 project, a company spokesperson told S amp 3....

Hellenic Shipping Freight News Published 2y-1mo-3w-22h-23m ago

Invasion halts Ukraine steel shipments; appetite wanes for Russian steel

Steel shipments from key exporter Ukraine have been halted following Russia amp 8217 s invasion of its neighbor early Feb. 24, according to market sources. The conflict has resulted in major disruptions to logistics routes required for steel and iron ore transport. amp 8220 Deliveries from Ukrain....

Hellenic Shipping Freight News Published 2y-1mo-3w-1d-2h-23m ago

Cherniere expects more long-term LNG supply deals in volatile market

Top U.S. exporter of liquefied natural gas Cheniere Energy Inc said high prices and an amp 8220 extremely volatile amp 8221 global market are driving more long term supply contracts. Russia amp 8217 s attack on the Ukraine sent European gas prices up 40% on Thursday, a signal that LNG will rema....

Hellenic Shipping Freight News Published 2y-1mo-3w-1d-2h-23m ago

Russia-Ukraine conflict puts China’s incremental crude appetite in spotlight

Chinese buyers of spot Russian crude are temporarily refraining from closing deals following uncertainty around shipping, but Asia amp 8217 s biggest oil consumer has the appetite to absorb incremental cargoes if other buyers decide to cut purchases from the leading European supplier, according to ....

Hellenic Shipping Freight News Published 2y-1mo-3w-1d-6h-23m ago

Egypt working to import wheat from regions other than Russia and Ukraine -cabinet spokesperson

Egypt, often the world amp 8217 s top wheat importer, is working on a plan to buy in wheat from other regions instead of Russia and Ukraine, the state news agency reported, citing Cabinet spokesman Nader Saad. Saad also told a local television channel late on Saturday that Egypt amp 8217 s current....

Hellenic Shipping Freight News Published 2y-1mo-3w-1d-6h-23m ago

Russian oil exports continue despite payment issues – sources

Russian oil exports continued to flow to Europe and onwards on Friday, even as Russian sellers and Western buyers said they struggled with payments, banking guarantees and shipping after the West imposed sanctions on Moscow for attacking Ukraine, according to traders, port agents and shipping data o....

Hellenic Shipping Freight News Published 2y-1mo-3w-1d-18h-23m ago

India resumes LPG purchases for March delivery after 16% drop in Jan imports

India amp 8217 s state oil importers have resurfaced seeking spot LPG cargoes for H1 March deliveries to meet recovering demand and fill prompt shortfalls, traders said, after Petroleum Planning and Analysis Cell data showed Feb. 24 that imports in January fell 15.87% on the month to 1.394 million ....

Hellenic Shipping Freight News Published 2y-1mo-3w-1d-18h-24m ago

8 LNG cargos to be delivered to Turkey in 10 days

Turkey is expected to receive eight liquefied natural gas LNG cargos from countries such as the United States, Equatorial Guinea and Algeria at its LNG terminals by March 6, international shipping data showed. Turkey continues to purchase LNG in order to keep its natural gas tanks full and avoid s....

Hellenic Shipping Freight News Published 2y-1mo-3w-1d-18h-24m ago

Venture Global to ship first fuel from new Louisiana LNG plant

A liquefied natural gas tanker that has been docked at Venture Global amp 8217 s Calcasieu Pass export terminal in Louisiana since early February is nearly loaded, according to gas supply data, and preparing join a stream of U.S. LNG tankers heading to Europe. The expected departure of the Greek fl....

Hellenic Shipping Freight News Published 2y-1mo-3w-1d-22h-23m ago

Taiwan rejects offers for 65,000 T corn tender after price surge – traders

Taiwan amp 8217 s MFIG purchasing group rejected all offers and made no purchase in an international tender for up to 65,000 tonnes of animal feed corn which closed on Friday, European traders said. Prices were regarded as too high after the surge in grain markets on Thursday following Russia’s i....

Hellenic Shipping Freight News Published 2y-1mo-3w-3d-18h-23m ago

Asian refiners see uninterrupted Black Sea crude import flows for now

Asian refiners that regularly purchase Black Sea crude oil said shipments of Russian Urals and Kazakhstan amp 8217 s CPC Blend for delivery in March and April have not been affected by Russia amp 8217 s military operation in Ukraine, but the companies said they would reassess logistical risks in t....

Hellenic Shipping Freight News Published 2y-1mo-3w-3d-18h-23m ago

Chinese buyers hesitate to procure Russian coal amid Ukraine conflict: sources

Some buyers in China have been advised by banks and higher authorities to refrain from procuring Russian coal due to possible sanctions amid Russia amp 8217 s invasion of Ukraine, sources told S amp 38 P Global Platts Feb. 24. Market participants globally are cautious about trading Russian coal af....

Hellenic Shipping Freight News Published 2y-1mo-3w-3d-18h-23m ago

Ukraine crisis will disrupt crude, coal and LNG flows even without sanctions

Russia’s invasion of Ukraine will disrupt the global movement of energy commodities, even if Western powers don’t impose sanctions on exports from Russia. So far none of the retaliatory measures against Moscow have been targeted at exports of crude oil, coal or natural gas, the latter either by ....

Hellenic Shipping Freight News Published 2y-1mo-3w-3d-18h-23m ago

Greece sees no disruption in gas flows, suppliers line up cargoes -minister

Gas flows to Greece are smooth and Greek gas suppliers have lined up additional gas cargoes if needed, Energy Minister Kostas Skrekas said on Friday, a day after Russia invaded Ukraine. The invasion exacerbated gas prices that have been soaring since September, fanning fears about supplies key to po....

Hellenic Shipping Freight News Published 2y-1mo-3w-3d-18h-23m ago

Jordan issues new tender to buy 120,000 tonnes wheat, traders say

Jordan amp 8217 s state grain buyer has issued an international tender to buy 120,000 tonnes of milling wheat which can be sourced from optional origins, European traders said on Thursday. The deadline for submission of price offers in the tender is March 2. A new announcement had been expected aft....

Hellenic Shipping Freight News Published 2y-1mo-3w-3d-18h-23m ago

Both U.S. oil imports, exports up last week: EIA

Both of U.S. crude oil imports and exports increased during the week ending Feb. 18, the U.S. Energy Information Administration EIA said in a report released on Thursday. U.S. crude oil imports averaged 6.8 million barrels per day b/d last week, up by about 1.04 million b/d from the previous wee....

Hellenic Shipping Freight News Published 2y-1mo-3w-3d-18h-24m ago

Miner Ferrexpo declares force majeure as exports halted at Ukraine port

Ferrexpo FXPO.L said on Friday it sent force majeure notices to some customers, as the iron ore miner suspended exports at the Pivdennyi port in southwest Ukraine, a day after Russian forces invaded the country. The London listed company said its operations close to the city of Horishni Plavni in ce....

Hellenic Shipping Freight News Published 2y-1mo-3w-3d-22h-23m ago

Vietnam to import additional 2.4 million cu m of petroleum products in Q2

Vietnam will import an additional 2.4 million cubic metres of petroleum products in the second quarter to compensate for a fall in domestic output, the industry and trade ministry said on Friday. The Southeast Asian country has been facing a petroleum supply shortage after its largest refinery cut i....

Hellenic Shipping Freight News Published 2y-1mo-3w-3d-22h-23m ago

U.S. farm exports to rise to record $183.5 billion in FY 2022

The value of U.S. farm exports will reach a record $183.5 billion in 2022, the government said on Thursday. Overseas demand from traditional trading partners has remained strong despite recent price increases, U.S. Agriculture Department chief economist Seth Meyer said at the agency amp 8217 s annu....

Hellenic Shipping Freight News Published 2y-1mo-3w-4d-2h-23m ago

Saudi products exports 32% higher in 2021 on diesel, fuel oil shipments

Saudi Arabia’s shipments of refined products grew 32 percent in 2021, compared with the previous 12 months, as the Kingdom exported more diesel and fuel oil, according to official data. Diesel and fuel oil were the two main products that drove exports higher, with 1.34 million barrels per day bein....

Hellenic Shipping Freight News Published 2y-1mo-3w-4d-6h-23m ago

CIF NWE naphtha cargo prices hit over 7-year high on Russia-Ukraine escalation

CIF NWE naphtha cargo prices extended gains amp 8212 reaching a level not seen since Aug. 5, 2014 amp 8212 as an increasing bullish crude oil complex amid Russia amp 8217 s invasion of Ukraine, coupled with tight supply for naphtha saw prices hit $878/mt on Feb. 23. Although market participan....

Hellenic Shipping Freight News Published 2y-1mo-3w-4d-18h-23m ago

FACTBOX: Russia’s Ukraine invasion seen disrupting vegetable oil, grain trade flows

Russia amp 8217 s invasion of Ukraine sent agricultural commodities spiraling Feb. 24 following monthslong tensions in the Black Sea region that kept prices of key grains such as wheat highly volatile. As both Russia and Ukraine command clout in global trade flows of grain and vegetable oil, rising....

Hellenic Shipping Freight News Published 2y-1mo-3w-4d-18h-23m ago

Distressed Venezuelan oil cargo discharging in Asia -sources

A U.S. sanctioned Venezuela owned supertanker that had mechanical problems since January is transferring its 2 million barrel cargo of heavy crude to other vessels in Asia, according to three people familiar with the matter. The very large crude carrier VLCC Maximo Gorki left Venezuela in November....

Hellenic Shipping Freight News Published 2y-1mo-3w-4d-18h-24m ago

Steel exports rise 11% in 10 months yr/yr

Khouzestan Steel Company posted the best performance through exporting 1.51 million tons of steel in the ten month period, followed by Mobarakeh Steel Company and Esfahan Steel Company by exporting 980,758 tons and 937,906 tons, respectively. Slab produced by Sirjan Jahan Steel Company registered th....

Hellenic Shipping Freight News Published 2y-2mo-18h-23m ago

Sri Lanka seeks $35 million to pay for urgent diesel imports

Sri Lanka is trying to arrange a payment of $35 million for a shipment of 40,000 tonnes of diesel with just a few days of stocks left, the energy minister said on Monday, warning of a looming fuel shortage as foreign exchange runs short. Reserves in the Indian Ocean nation, which typically spends ab....

Hellenic Shipping Freight News Published 2y-2mo-18h-23m ago

UAE pledges to meet India’s growing energy needs amid oil price concerns

The UAE, OPEC amp 8217 s third biggest crude producer, said it is committed to meeting India amp 8217 s energy demand as the growing oil consumer seeks to secure supplies with prices surging to near $100/b. The commitment to supplying India is included in the Joint UAE India Vision Statement, whic....

Hellenic Shipping Freight News Published 2y-2mo-18h-24m ago

Egypt said to buy 100,000 tonnes raw sugar in tender –traders

Egypt amp 8217 s state sugar buyer ESIIC is believed to have purchased around 100,000 tonnes of raw sugar in an international tender which closed on Saturday, European traders said on Monday. It was bought in two 50,000 tonne consignments, both at an estimated $470 a tonne c amp 038 f, they said. ....

Hellenic Shipping Freight News Published 2y-2mo-18h-24m ago

Iran sees itself as world’s best option for gas supplies: Report

Iran amp 8217 s oil minister Javad Owji said on Monday Feb 21 that his country provided the best option for gas exports to east and west, the semi official Tasnim news agency reported. amp 8220 Unilateral sanctions against members of the forum not only violate international law, but also threat....

Hellenic Shipping Freight News Published 2y-2mo-22h-23m ago

China sells 97% of wheat on offer at reserves auction – trade centre

China sold 508,089 tonnes of wheat or 96.64% of the total offer at an auction of state reserves held Feb. 16, the National Grain Trade Center said on its website on Monday. The average price of the wheat sold was 2,689 yuan $425.13 per tonne. Source: Reuters Reporting by Dominique Patton Editing....

Hellenic Shipping Freight News Published 2y-2mo-22h-23m ago

Mitsubishi buys rare Vietnamese crude for Japan power plants: Sources

Japan amp 8217 s Mitsubishi has made an unusual purchase of Vietnamese low sulphur crude loading in April that will be supplied to Japanese power plants, trade sources said on Monday Feb 21 . The trading house purchased 300,000 barrels of Chim Sao crude from state oil marketer PV Oil at about US$....

Hellenic Shipping Freight News Published 2y-2mo-22h-23m ago

Japan’s JERA eyes up to 500,000 mt/year ammonia long-term supply from FY 2027-28

Japan amp 8217 s largest power generation company JERA said it plans to issue international tenders to buy up to 500,000 mt/year of fuel ammonia from long term contracts starting in fiscal year 2027 28 April March . JERA said it has sent a request for proposals describing bidding conditions to mor....

Hellenic Shipping Freight News Published 2y-2mo-1d-2h-23m ago

Pakistan to tap spot cargoes after long-term LNG suppliers bail

Pakistan is seeking to buy liquefied natural gas LNG cargoes from the spot market after two long term suppliers failed to fulfil commitments to deliver shipments in March, Bloomberg reported on Friday while citing “people with knowledge of the matter”. Pakistan LNG Ltd has issued a tender for ....

Hellenic Shipping Freight News Published 2y-2mo-1d-2h-23m ago

India’s Jan crude oil imports ease from one-year highs

India amp 8217 s crude oil imports in January slipped from one year highs hit in the previous month, though fuel demand is expected to recover as several states ease coronavirus restrictions after a decline in cases. Crude oil imports fell about 1.7% to 19.26 million tonnes last month from a year e....

Hellenic Shipping Freight News Published 2y-2mo-1d-6h-23m ago

Crude Oil: Spot trade muted, Angolan programme emerges

Spot activity was muted on Friday but Angola amp 8217 s April loading programme emerged with 35 cargoes, unchanged from the previous month. Traders will be awaiting April contract allocations early next week before a fresh cycle of spot trade begins. Offers for Nigerian Qua Iboe were last heard at ....

Hellenic Shipping Freight News Published 2y-2mo-1d-6h-23m ago

Asian refiners eager to resume Iranian oil imports as high prices bite

Asian refiners, traditionally big buyers of Iranian oil, are keen to resume imports from Iran if there is an agreement to revive a 2015 nuclear deal, which could pave the way for more supply on global markets and soften prices. Most Asian buyers halted Iranian oil imports in 2019 after former U.S. P....

Hellenic Shipping Freight News Published 2y-2mo-1d-18h-23m ago

Russian gas exports to Europe not affected by eastern Ukraine pipeline blast

Russian gas supplies to Europe were not affected after part of a gas pipeline near Luhansk in eastern Ukraine caught fire late on Friday, a Ukrainian gas official said. The pipeline was struck by “a powerful explosion” which cut off nearly 100 households from the gas supply, Interfax news agency....

Hellenic Shipping Freight News Published 2y-2mo-1d-18h-24m ago

Argentina Grain Inspectors Announce Strike Monday, No Effect On Shipments

Argentina amp 8217 s grain inspectors union URGARA said on Friday it will launch a 24 hour commercial strike on Monday to demand a wage bonus, but said the strike would not affect grain shipments at ports in one of the world amp 8217 s leading food exporters. URGARA said it is demanding a wage am....

Hellenic Shipping Freight News Published 2y-2mo-1d-18h-24m ago

Taiwan buys 54,920 tonnes wheat of U.S.-origin in tender – traders

The Taiwan Flour Millers amp 8217 Association purchased an estimated 54,920 tonnes of milling wheat to be sourced from the United States in a tender which closed on Friday, European traders said. The purchase involved a range of different wheat types in one consignment for shipment from the U.S. P....

Hellenic Shipping Freight News Published 2y-2mo-3d-18h-23m ago

Angola: Country’s 2021 crude oil exports worth US$27.87B, 51pct more than 2020

Angola exported 394.22 million barrels of crude oil in 2021, sold at an average price of US$70.7 per barrel, with gross revenues of US$27.87 billion 24.5 billion euros . According to the Angolan Secretary of State for Oil and Gas, José Barroso, the gross revenues collected in 2021 represented a ri....

Hellenic Shipping Freight News Published 2y-2mo-3d-18h-23m ago

Lowest offer at Egypt’s GASC tender $315.3/t FOB -traders

The lowest offer presented at an Egyptian state purchasing tender for wheat on Thursday was $315.3 a tonne for 60,000 tonnes of Ukrainian wheat free on board FOB , traders said. The offer was presented by Posco International. Egypt’s state grains buyer, the General Authority for Supply Commoditie....

Hellenic Shipping Freight News Published 2y-2mo-3d-18h-23m ago

EIA expects U.S. petroleum trade to shift toward net imports during 2022

In 2021, the United States returned to importing more petroleum which includes crude oil, refined petroleum products, and other liquids than it exports following its historic shift to being a net exporter of petroleum in 2020. According to our February 2022 Short Term Energy Outlook STEO , we exp....

Hellenic Shipping Freight News Published 2y-2mo-3d-18h-24m ago

Qatar LNG exports down on mega train unplanned outage

Exports of liquefied natural gas LNG from Qatar amp 8217 s Laffan liquefaction plant have been lower over the past few days as one of the facility amp 8217 s trains have been down, three industry sources said. LNG exports daily flows moving average data from Refinitiv shows loadings were down fo....

Hellenic Shipping Freight News Published 2y-2mo-3d-18h-24m ago

Egypt’s GASC buys 180,000 tonnes of wheat in tender

Egypt’s state grains buyer, the General Authority for Supply Commodities GASC , said on Thursday it had bought 180,000 tonnes of Romanian wheat in an international tender for shipment April 1 10, 2022. Traders gave the following breakdown of the purchase in dollars per tonne: Supplier Quantity Or....

Hellenic Shipping Freight News Published 2y-2mo-3d-18h-24m ago

Azerbaijan’s gas exports see nearly 40 pct growth in 2021

Azerbaijan has exported 18.9 billion cubic meters of gas in 2021, registering a 39.8 percent increase year on year, the country amp 8217 s energy ministry said in a recent statement. The country amp 8217 s gas production registered 43.9 billion cubic meters last year, increasing by 18.1 percent fr....

Hellenic Shipping Freight News Published 2y-2mo-3d-18h-24m ago

Algeria buys around 600,000 tonnes of wheat in tender, traders say

Algeria amp 8217 s state grains agency OAIC is believed to have purchased around 600,000 tonnes of optional origin milling wheat in an international tender that closed on Wednesday, European traders said. Latest estimates of the volume purchased ranged from 570,000 to 630,000 tonnes, above a 300,00....

Hellenic Shipping Freight News Published 2y-2mo-3d-22h-23m ago

Russian Parliament to recommend cancellation of grains export duties: Interfax

Russia amp 8217 s State Duma, or lower house of parliament, asked the government Feb. 16 to reconsider the duties that it introduced on grains exports a year ago, the country amp 8217 s Interfax news agency reported. Russia is the world amp 8217 s largest wheat exporter and its exports of the bas....

Hellenic Shipping Freight News Published 2y-2mo-4d-18h-23m ago

Egypt’s GASC seeks wheat in new international tender

Egypt amp 8217 s General Authority for Supply Commodities GASC set a tender on Wednesday to buy an unspecified amount of wheat from global suppliers for shipment from April 1 10. Deadline for offers is Feb. 17 and payment is at sight, it said. Source: Reuters Reporting by Sarah El Safty, Writing....

Hellenic Shipping Freight News Published 2y-2mo-4d-18h-23m ago

Israel approves new route for gas exports to Egypt via Jordan

Israel amp 8217 s energy ministry has approved the start of gas flows to Egypt via Jordan, with first supplies expected to begin before the end of February. At present, Israeli gas from its offshore Leviathan and Tamar fields is delivered to Egypt via Israel amp 8217 s own transmission system befo....

Hellenic Shipping Freight News Published 2y-2mo-4d-18h-23m ago

Iraq strengthens grip on India oil market, with highest volumes in 29 mths

India amp 8217 s imports of oil from Iraq surged in January to a 29 month high of about 1.3 million barrels per day bpd , making up nearly a third of the supplies to Asia amp 8217 s third largest economy, data from shipping and industry sources show. Iraq amp 8217 s importance as a key supplier ....

Hellenic Shipping Freight News Published 2y-2mo-4d-18h-24m ago

Algeria buys at least 120,000 wheat in tender, talks go on -traders

Algeria’s state grains agency OAIC is believed to have purchased at least 120,000 tonnes of optional origin milling wheat in an international tender which closed on Wednesday, European traders said on Thursday. Negotiations in the tender will continue on Thursday but have been made more difficult ....

Hellenic Shipping Freight News Published 2y-2mo-4d-18h-24m ago

Puerto Rico gasoline imports reach 2017 levels, overcoming hurricanes and a pandemic

Puerto Rico imported its third highest monthly volume of gasoline since 2017 in January and kept an even brisker pace into February, showing resurgence for the US territory decimated by economic troubles and population loss from hurricanes Irma and Maria and then the pandemic. US Customs data Feb. 1....

Hellenic Shipping Freight News Published 2y-2mo-4d-18h-24m ago

Jordan issues tender to buy 120,000 T wheat, traders say

Jordan amp 8217 s state grain buyer has issued an international tender to buy 120,000 tonnes of milling wheat sourced from optional origins, European traders said on Wednesday. The deadline for submission of price offers is Feb. 23, with shipment sought in a series of possible combinations in 60,00....

Hellenic Shipping Freight News Published 2y-2mo-5d-18h-23m ago

Philippines’ sugar import program put on hold

According to the latest Memorandum Circular No. 5 released by the Sugar Regulatory Administration SRA on Feb. 16, Philippines would be temporarily halting the previously announced implementation of the import program for 200,000 mt of refined sugar until further notice. Since the SRA issued Sugar ....

Hellenic Shipping Freight News Published 2y-2mo-5d-18h-24m ago

Europe remains top destination for U.S. LNG for the third month

Europe’s call for U.S. liquefied natural gas continues to run hot in February and is poised to remain the top destination for U.S. shipments for the third month in a row, according to mid month Refinitiv vessel tracking data on Tuesday. About three quarters of U.S. LNG volumes went to Europe in Ja....

Hellenic Shipping Freight News Published 2y-2mo-5d-18h-24m ago

Regional sweet crude sentiment buoyed despite longer April loading program

Cash premiums for April loading barrels of regional sweet crudes are likely to maintain an upbeat momentum on the month amid robust middle distillate cracks, despite a longer loading program seen for Malaysian crude, traders told S amp 38 P Global Platts Feb. 16. Traders amp 8217 sentiment were l....

Hellenic Shipping Freight News Published 2y-2mo-5d-18h-24m ago

EU says it is prepared for partial disruption of Russian gas flows

The European Union would be able to cope with a partial disruption to gas imports from Russia, European Commission President Ursula von der Leyen said. Escalating tensions with Russia over Ukraine have raised concerns about Russian gas flows to Europe, prompting the EU to review its contingency plan....

Hellenic Shipping Freight News Published 2y-2mo-5d-18h-24m ago

Iraq’s Kurdistan rejects court ruling against region’s independent oil exports

Iraq amp 8217 s Kurdistan Regional Government rejected the Federal Supreme Court ruling against independent Kurdish exports in the semi autonomous region and vowed to take legal and constitutional measures to protect its oil and gas contracts as the dispute between Erbil and Baghdad escalates. Iraq....

Hellenic Shipping Freight News Published 2y-2mo-5d-18h-24m ago

European attempts to replace Russian gas by LNG risk sparking gas crisis in Asia, Russia’s Novak says

Even a partial refusal by Europe of Russian pipeline gas in favour of liquefied natural gas LNG risks triggering another wave of gas crises in Asia, Russia amp 8217 s Deputy Prime Minister told an industry magazine on Wednesday. In comments on recent spikes in energy prices globally, Alexander No....

Hellenic Shipping Freight News Published 2y-2mo-5d-22h-23m ago

Egypt’s GASC receives offers in international vegetable oils tender

The lowest offer presented at an Egyptian state purchasing tender for vegetable oils on Wednesday was $1,463 per tonne c amp 038 f for 5,500 tonnes of sunflower oil, traders said. The lowest offer presented for soyoil at the tender was $1,567 per tonne for 6,000 tonnes with payment at sight, they a....

Hellenic Shipping Freight News Published 2y-2mo-5d-22h-23m ago

April-loading Russian Sokol oil premium rises to over 2-year high-sources

Spot premiums for Russian Sokol crude loading in April jumped to their highest in more than two years after India amp 8217 s ONGC Videsh sold a cargo via a tender, trade sources said on Wednesday. The cargo for April 19 25 loading was sold to Glencore LON:GLEN at a premium of $7.80 $7.90 a barrel....

Hellenic Shipping Freight News Published 2y-2mo-5d-22h-23m ago

Malaysia keeps March crude palm oil export duty at 8%

Malaysia has maintained its March export tax for crude palm oil at 8% and raised its reference price, a document on the Malaysian Palm Oil Board website showed on Wednesday. The world amp 8217 s second largest palm exporter calculated a reference price of 5,277.58 ringgit $1,261.07 per tonne for ....

Hellenic Shipping Freight News Published 2y-2mo-5d-22h-23m ago

ArcelorMittal Goonyella coking coal tender awarded to Glencore via Platts

ArcelorMittal Sourcing awarded a Goonyella Coking Coal tender to Glencore Feb. 15, at $440/mt FOB Australia, at 100.25% of Platts PLV FOB Australia QP March 2022, for 36,000 mt of Goonyella for March 1 10 laycan, on Panamax. The tender was the first cargo in the metallurgical coal market concluded b....

Hellenic Shipping Freight News Published 2y-2mo-6d-2h-23m ago

High Brent, WTI prices lead Asian buyers to look elsewhere for crude

As paper crude oil heads towards $100 a barrel amid tensions between Russia and Ukraine, the physical markets in the top importing region of Asia are changing their mix of suppliers to reflect widening differences in how various crudes are priced. Brent crude futures LCOc1 ended at $95.85 a barrel o....

Hellenic Shipping Freight News Published 2y-2mo-6d-6h-23m ago

Ukrainian gas capacity purchases robust despite political tension

Purchases of Ukrainian gas capacity were robust despite ongoing political tensions with Russia, the latest monthly capacity auction results from auctioneer RBP showed Feb. 14. Revenue from Russian coffers was finding its way into Ukraine, market sources said, with over a hundred thousand Russian tro....

Hellenic Shipping Freight News Published 2y-2mo-6d-6h-23m ago

Algeria tenders to buy nominal 50,000 T milling wheat, traders say

Algeria amp 8217 s state grains agency OAIC has issued an international tender to buy milling wheat to be sourced from optional origins, European traders said on Monday. The tender sought a nominal 50,000 tonnes, but Algeria often buys considerably more in its tenders than the nominal volume sought....

Hellenic Shipping Freight News Published 2y-2mo-6d-18h-23m ago

Feed to U.S. LNG export plants soars as 7th terminal loads first cargo

Supplies to U.S. liquefied natural gas export plants reached near record levels over the weekend as vessels docked for loading at all seven export terminals for the first time, according to Refinitiv. Venture Global received permission on Friday from federal energy regulators to load LNG on the firs....

Hellenic Shipping Freight News Published 2y-2mo-6d-18h-23m ago

Japan offers to buy 54,692 tonnes food wheat via tenders

Japan amp 8217 s Ministry of Agriculture, Forestry and Fisheries MAFF is seeking to buy a total of 54,692 tonnes of food quality wheat from the United States in regular tenders that will close on Thursday. Japan, the world amp 8217 s sixth biggest wheat importer, keeps a tight grip on imports of....

Hellenic Shipping Freight News Published 2y-2mo-6d-18h-24m ago

India’s Jan palm oil imports drop as refiners switch to soft oils

India amp 8217 s palm oil imports in January plunged 29% from a year earlier, as a rally in tropical oil prices to a record high prompted refiners to increase buying of rival soyoil and sunflower oil, a leading trade body said on Monday. Lower purchases by the world amp 8217 s top edible oil impor....

Hellenic Shipping Freight News Published 2y-2mo-1w-2h-23m ago

Vietnam may rely more on South Korean oil products amid fragile refining capacity

Nghi Son refinery amp 8217 s financial strain and lingering uncertainty about its overall 2022 operation outlook could significantly hamper Vietnam amp 8217 s ambition to become fully self sufficient in oil products, with South Korean refiners aiming to take advantage of the country amp 8217 s fr....

Hellenic Shipping Freight News Published 2y-2mo-1w-2h-23m ago

Argentina mulling grains export tax hike: gov’t official

Argentina is considering an increase in grains export taxes, an official told local radio on Friday, sparking concern among farm leaders who have long worried that the Peronist government might further intervene in the markets in a bid to control inflation. The South American grains powerhouse is th....

Hellenic Shipping Freight News Published 2y-11mo-3w-5d-19h-24m ago

Egypt’s GASC seeks wheat for Aug. 11-20 shipment

Egypt amp 8217 s state grains buyer, the General Authority for Supply Commodities GASC , set a tender on Friday to buy an unspecified amount of wheat from global suppliers for shipment Aug. 11 20. GASC Vice Chairman Ahmed Youssef said the authority was seeking to buy cargoes of soft and/or milling....

Hellenic Shipping Freight News Published 2y-11mo-3w-5d-19h-24m ago

As nuclear talks make progress, Iran crude oil exports stay above 2020 rates in April

Iranian crude oil exports remain at elevated levels so far in April compared to last year, according to two assessments, adding to signs of a recovery in shipments as talks make progress on reviving the 2015 nuclear deal. Tehran’s oil exports have risen since late 2020, despite US sanctions toughe....

Hellenic Shipping Freight News Published 2y-11mo-4w-19h-23m ago

China’s Q1 recycled steel raw material imports reach 55,389 mt

China imported 55,389 mt of recycled steel raw materials during the first quarter of 2021, up more than 16 fold from the 3,366 mt in the year earlier quarter, Chinese custom data showed April 22. The majority of the imports came from Japan, standing at 30,635 mt or 55.3%, followed by Malaysia volume....

Hellenic Shipping Freight News Published 2y-11mo-4w-19h-23m ago

US corn net export sales rise while shipments decline: USDA

US corn net export sales for 2020 21 rose to 387,500 mt over the week ended April 15, US Department of Agriculture data showed on April 22. This quantity was 18% higher than the total from the previous week ended April 8, but was 75% lower than the rolling 4 week average. Most sales were to Mexico, ....

Hellenic Shipping Freight News Published 2y-11mo-4w-19h-24m ago

Russian exporters bet on new crop wheat sales despite tax risks

Russian wheat exporters are bidding aggressively for new business, even though they don amp 8217 t know how much tax they will need to pay to ship the grain as Moscow steps up its fight to curb domestic food inflation. Russia, one of the world amp 8217 s leading wheat exporters, will launch a form....

Hellenic Shipping Freight News Published 2y-11mo-4w-1d-7h-23m ago

Canada exports to US on Great Lakes likely to average 10-year high this summer

Higher year over year contracted export capacity on Great Lakes Gas Transmission pipeline combined with lower natural gas injections in Alberta looks likely to boost AECO hub prices during the summer and into winter. Data confirms Great Lakes is heavily contracted for exports this summer. The pipeli....

Hellenic Shipping Freight News Published 2y-11mo-4w-1d-19h-23m ago

Germany’s January/February oil imports drop by a fifth year on year

German crude oil imports in January and February fell 20.7% year on year as the COVID 19 pandemic and related lockdowns hit industrial activity, official data showed. Oil volumes in the two months fell to 11.7 million tonnes from 14.8 million in the same months of 2020, statistics from the BAFA fore....

Hellenic Shipping Freight News Published 2y-11mo-4w-1d-19h-24m ago

S Korea’s March US crude imports surpass 10 mil barrels as Middle East OSPs rise

South Korea amp 8217 s US crude imports in March surpassed the 10 million barrel/month mark for the first time in almost a year, as local refiners gradually favor North American barrels over Persian Gulf supply due to the extended uptrend in the Middle Eastern official selling prices, while the sha....

Hellenic Shipping Freight News Published 2y-11mo-4w-1d-19h-24m ago

Jordan makes no purchase in 120,000 tonne barley tender – trade

Jordan amp 8217 s state grain buyer made no purchase in an international tender for 120,000 tonnes of animal feed barley which closed on Wednesday, European traders said. A new tender is expected to be issued closing next week, traders said. Only one trading house had participated in Wednesday amp ....

Hellenic Shipping Freight News Published 2y-11mo-4w-1d-19h-24m ago

U.S. oil imports, exports down last week: EIA

U.S. crude oil imports and exports both decreased during the week ending April 16, the U.S. Energy Information Administration EIA said. U.S. crude oil imports averaged 5.4 million barrels per day b/d last week, down by about 448,000 b/d from the previous week, while crude oil exports averaged ab....

Hellenic Shipping Freight News Published 2y-11mo-4w-1d-23h-23m ago

China’s March gasoil exports hit 1-year high as refiners draw down excess inventory

China amp 8217 s gasoil exports in March rebounded to a 12 month high at 2.81 million mt, as refiners stepped up efforts to draw down their excess inventories, while looking to capture improved export margins in the Asian middle distillates market, latest data from the General Administration of Cus....

Hellenic Shipping Freight News Published 3y-3h-23m ago

China interested in more gas supplies from Russia, says Gazprom

The Chinese economy largely needs an increase in natural gas supplies from Russia, Chairman of the Board of Directors of Gazprom Viktor Zubkov told TASS on Wednesday, adding that the Russian gas producer is ready to satisfy that ever growing demand. amp 8220 Consumption on the Chinese gas market i....

Hellenic Shipping Freight News Published 3y-23h-23m ago

France set to import large cargo of Romanian wheat

A large cargo of Romanian wheat has set sail for France, marking an unusually big import of the grain by the European Union amp 8217 s biggest wheat exporter, traders said. The Star Harmony bulk carrier was thought to be carrying around 45,000 tonnes of wheat from the Romanian Black Sea port of Con....

Hellenic Shipping Freight News Published 3y-1d-3h-23m ago

China’s record first quarter fuels strong expansion in 2021

China’s 1st quarter record performance will accelerate momentum in China and support recovery in the US and global economic prospects – as long as unwarranted geopolitical tensions remain in check. A year ago, China’s first quarter plunge was 6.8 percent, due to the pandemic effect. In the We....

Hellenic Shipping Freight News Published 3y-1d-7h-23m ago

NDRC: China’s bulk commodity prices to stabilize

China has the solid foundation to maintain stability in the consumer goods and industrial materials prices, Meng Wei, spokesperson of the country’s National Development and Reform Commission NDRC , commented on April 19 at the press conference on the first quarter domestic economic performance. N....

Hellenic Shipping Freight News Published 3y-1d-7h-23m ago

Libya’s NOC declares force majeure on Marsa el-Hariga exports amid budget crisis

Libya amp 8217 s National Oil Corporation has declared force majeure on crude exports out of Marsa el Hariga terminal as production from its key eastern fields is set to fall due to a budget row, it said late on April 19. This comes after NOC subsidiary Arabian Gulf Oil Co., or Agoco, had halted ou....

Hellenic Shipping Freight News Published 3y-1d-19h-23m ago

Iraq awards Sinopec contract to develop Mansuriyah gas field

Iraq has awarded Chinese state owned Sinopec a contract to develop the 4.5 Tcf Mansuriyah gas field in the eastern province of Diyala, the Iraqi oil ministry said April 20, as OPEC amp 8217 s second largest oil producer seeks to lower its reliance on Iranian energy imports. The ministry did not dis....

Hellenic Shipping Freight News Published 3y-1d-19h-23m ago

EU 2020/21 soft wheat exports 21.34 million tonnes by April 18

Soft wheat exports from the European Union in the 2020/21 season that started last July had reached 21.34 million tonnes by April 18, data published by the European Commission showed. That was down from 28.35 million tonnes cleared by the same week last season, the data showed. The Commission added,....

Hellenic Shipping Freight News Published 3y-1d-19h-24m ago

China’s metal imports from Myanmar show trade contortions amid post-coup protest

Chinese trade data gave a mixed snapshot of neighbour Myanmar amp 8217 s ability to keep up metal shipments in March amid unrest after February amp 8217 s coup, with flows of nickel pig iron NPI dwindling to almost nothing but those of copper doubling month on month. With Chinese firms directly ....

Hellenic Shipping Freight News Published 3y-1d-19h-24m ago

Russia’s Rosneft offers 90,000 t of May CPC Blend in a rare tender – traders

Russia amp 8217 s Rosneft issued a spot tender to sell 90,000 tonnes of CPC Blend crude oil loading from Black Sea amp 8217 s Yuzhnaya Ozereyevka terminal on May 25 26 in a spot tender, two traders familiar with the tender told Reuters. The tender closes on April 20 at 1400 Moscow time 1100 GMT .....

Hellenic Shipping Freight News Published 3y-2d-3h-23m ago

Canada’s Ridley Terminals coal exports total 668,163 mt in March, down 41.4% on year: port

Ridley Terminals in Prince Rupert, British Columbia, exported 668,163 mt of thermal and metallurgical coal in March, down 2.6% from February and down 41.4% from the year ago month, Prince Rupert Port Authority data showed April 19. Over three months, exports were down 17.6% from the year ago period,....

Hellenic Shipping Freight News Published 3y-2d-3h-23m ago

US DATA: Corn inspections for export down 12% on week, up 108% on year

US corn inspected for exports in the week ended April 15 totaled 1.524 million mt, down 12% from 1.728 million mt in the prior week, but up 108% from the year ago week, the Department of Agriculture said April 19. The USDA made an adjustment for last week corn shipments, which were at 1.584 million ....

Hellenic Shipping Freight News Published 3y-2d-3h-23m ago

Saudi crude exports drop to eight-month low in February

Saudi Arabia’s crude oil exports fell to their lowest in eight months in February, the Joint Organisations Data Initiative JODI said on Monday, as the world’s biggest oil exporter voluntarily capped output to support oil prices. Crude exports fell to 5.625 million barrels per day bpd , their ....

Hellenic Shipping Freight News Published 3y-2d-7h-23m ago

France to attract more LNG from the US amid tight PEG/EAX spread

French LNG terminals are likely to keep attracting LNG cargoes from the United States this summer, on the back of an increasing PEG premium to the Henry Hub front month and tight spreads between French PEG and Asian LNG prices. The United States were France’s first source of LNG supply in both Mar....

Hellenic Shipping Freight News Published 3y-2d-7h-23m ago

Steel exports from Turkey’s southern Mediterranean Sea increase 106 percent

The head of the Mediterranean Ferrous and Non Ferrous Metals Exporters Association ADMIB stated that steel exports from Turkey amp 8217 s southern Mediterranean Sea region increased 106 percent in March on an annual basis, standing at USD197 million. Iron exports from the region improved by 57 pe....

Hellenic Shipping Freight News Published 3y-2d-19h-23m ago

Ukraine wheat export prices start to rise over the past week

Ukrainian wheat export prices have resumed growth last week, adding $5 a tonne over the week amid uncertainty over the weather in the United States and Europe, the APK Inform agriculture consultancy said on Monday. Bid prices for high quality soft milling wheat increased to $237 $241 a tonne FOB Bla....

Hellenic Shipping Freight News Published 3y-2d-19h-23m ago

China sells 410,700 tonnes of wheat at auction of state reserves – trade centre

China sold 410,700 tonnes of wheat, or 10.22% of the total offered, at an auction of state reserves last week, the National Grain Trade Center said in a statement on Monday. The volume sold, at an average price of 2,401 yuan $367.68 per tonne, declined further from the prior week after the governm....

Hellenic Shipping Freight News Published 3y-2d-19h-24m ago

China’s March diesel exports hover near record on high stocks

China amp 8217 s diesel exports in March hovered near a record level, data showed on Sunday, as companies battled to ease brimming domestic inventories. Diesel shipments totalled 2.81 million tonnes last month, versus previous monthly record at 2.83 million tonnes in March 2020, data from the Gener....

Hellenic Shipping Freight News Published 3y-3d-7h-23m ago

Trade Review: Global steel imbalances present export opportunities in Q2

This report is part of the S amp 38 P Global Platts Metals Trade Review series, where we dig through datasets and digest some of the key trends in steel, iron ore, metallurgical coal, scrap and alumina. We also explore what the next few months could bring, from supply and demand shifts, to new arbi....

Hellenic Shipping Freight News Published 3y-3d-7h-23m ago

US reliance on Russian oil hits record high despite souring ties

Russian and US relations have turned frosty again after a new round of US sanctions but when it comes to Moscow amp 8217 s oil, US refiners are more dependent on it than ever. Imports of Russian oil, which consists mainly of fuel oil feedstocks and some crude, recently reached a 10 year high as US ....

Hellenic Shipping Freight News Published 3y-3d-19h-23m ago

China’s 2021 fuel exports to surge 32% as refining capacity swells- CNPC research

China’s fuel exports are likely to expand by nearly a third this year as the world’s second largest oil consumer adds new refineries that will exacerbate a supply overhang, said a unit of top oil and gas group China National Petroleum Company. An estimated 14.74 million tonnes per year, or 295,0....

Hellenic Shipping Freight News Published 3y-3d-19h-23m ago

German gas imports fall 5.7% in first two months of 2021, bill up 2.6%

Germany imported 5.7% less natural gas in the first two months of 2021 but increased its bill by 2.6% over a year earlier, data from trade statistics office BAFA showed. Gas, power and carbon traders monitor gas imports because the supply and demand balance can change prices and traded volumes in al....

Hellenic Shipping Freight News Published 3y-5d-19h-23m ago

New Fortress Energy Signs 15 Year Contract To Supply Natural Gas To Norsk Hydro’s Brazil Refinery

Energy infrastructure company New Fortress Energy has signed a Memorandum of Understanding MOU to supply natural gas to a subsidiary of Norsk Hydro. The agreement with the Alunorte Alumina Refinery in Brazil will last for a period of 15 years. Under the MOU New Fortress Energy will deliver a minim....

Hellenic Shipping Freight News Published 3y-5d-19h-23m ago

China to increase oil product exports by 31.7% on year in 2021: ETRI

China amp 8217 s oil product exports are expected to rise by 31.7% year on year to around 54.7 million mt in 2021, as the recovery in the jet fuel market and an improving macro economic outlook worldwide post COVID 19 supports demand, a report from the Economics and Technology Research Institute, o....

Hellenic Shipping Freight News Published 3y-5d-19h-23m ago

China’s 2021 net crude imports to rise 3.4%, fuel exports by 32%- CNPC research

China’s 2021 net crude oil imports are forecast to grow 3.4% this year versus 2020 to about 559 million tonnes, according to a research arm of state oil and gas group China National Petroleum Company. CNPC also sees China’s refined fuel exports to expand nearly 32% this year to 54.7 million tonn....

Hellenic Shipping Freight News Published 3y-5d-23h-23m ago

Asia Grains-Indonesia buys up to 120,000 T of Black Sea wheat for June shipment

Flour millers in Indonesia this week bought around 120,000 tonnes of old crop Black Sea wheat for shipment in June, two Singapore based traders said on Friday. amp 8220 Prices paid by Indonesian millers ranged between $285 $290 a tonne, including cost and freight C amp 038 F , depending on the p....

Hellenic Shipping Freight News Published 3y-5d-23h-23m ago

US corn net export sales, shipments down: USDA

US corn net export sales for 2020/21 during the week ended April 8 were 57% lower than the prior week total, US Department of Agriculture data showed April 15. The 327,700 mt sold was 81% below the four week rolling average as well. This quantity fell outside the market amp 8217 s expected range of....

Hellenic Shipping Freight News Published 3y-6d-3h-23m ago

Strategie Grains raises EU 2020/21 wheat export forecast

Consultancy Strategie Grains on Thursday raised its monthly forecast for soft wheat exports from the European Union and Britain in the 2020/21 season by 200,000 tonnes to 25.4 million tonnes, adding pressure on its low ending stock forecast. It did not give a reason for the change but emphasised tha....

Hellenic Shipping Freight News Published 3y-6d-3h-23m ago

Weekly US crude exports fall on week, four-week moving-average supported

Weekly US crude exports fell over the week ended on April 9, however, despite the week on week fall, the four week moving average for US crude exports rose to its highest level since the period ended Feb. 19, according to the US Energy Information Administration. US crude exports over the week ended....

Hellenic Shipping Freight News Published 3y-6d-7h-23m ago

Pavilion Energy Imports Singapore’s First Carbon Neutral LNG Cargo

Pavilion Energy Singapore Pte. Ltd. “Pavilion Energy” has imported a carbon neutral LNG cargo into Singapore – the first for Singapore and Pavilion Energy. Carbon emissions associated with the LNG cargo from well to tank1 including the extraction, production, transportation, and regasificati....

Hellenic Shipping Freight News Published 3y-6d-19h-23m ago

Philippines tenders for around 380,000 tonnes of wheat – trade

Importers in the Philippines are tendering to purchase around 380,000 tonnes of milling wheat and animal feed wheat, European traders said on Thursday. The deadline for price submissions is Friday, April 16. The group is seeking a series of consignments for shipment between June and September. Some ....

Hellenic Shipping Freight News Published 3y-6d-19h-24m ago

BPCL to cut crude imports from West Asia to 50% from 65%

Bharat Petroleum Corporation BPCL , a major public sector oil refiner, plans to further reduce its dependence on crude oil from West Asia to 50% from 65% at present as the company plans to increase sourcing from countries in West Africa, Far East and Latin America. The plan, to be implemented in ph....

Hellenic Shipping Freight News Published 3y-1w-3h-23m ago

China March copper imports rise 25% from year ago on firm demand

China’s March copper imports rose 25% from a year earlier, customs data showed on Tuesday, amid increasing demand for the metal and as arrivals climbed after logistics issued were resolved. Arrivals of unwrought copper and products totalled 552,317 tonnes last month, the General Administration of ....

Hellenic Shipping Freight News Published 3y-1w-3h-23m ago

Malaysia replaces Indonesia as largest palm oil seller to India

Malaysia has replaced Indonesia as the largest palm oil exporter to India for the first time due to a widening tax difference between the world amp 8217 s two biggest palm oil suppliers. India – the world amp 8217 s largest importer of vegetable oil – bought 1.68 million mt of crude palm oil f....

Hellenic Shipping Freight News Published 3y-1w-3h-23m ago

West Africa crude-sales stay slow on tepid demand, competition

Supply gluts of Angolan and Nigerian crude remained sizeable as both Europe and Asia rein in buying during refinery maintenance season and competing grades attract buyer interest. * Nearly 10 cargoes of May loading Angolan crude remain unsold. * China amp 8217 s Unipec purchased a cargo of Saturno ....

Hellenic Shipping Freight News Published 3y-1w-7h-23m ago

China’s Iranian oil buying spree crushes demand for Brazil, Angola crude

China’s record imports of Iranian crude in recent months has squeezed out supply from rival producers, forcing sellers of oil from countries such as Brazil, Angola and Russia to slash prices and divert shipments to India and Europe. The jump in Iranian volumes took the market by surprise and has c....

Hellenic Shipping Freight News Published 3y-1w-7h-23m ago

Russia aims to boost oil exports before reaching output peak in 2027-2029

Russia amp 8217 s revised oil strategy will focus on maximizing monetization from crude exports before hitting peak production in 2027 2029 and seeing world demand drop, according to a draft document on the development of the sector up to 2035 being reviewed by the State Duma and set to be approved....

Hellenic Shipping Freight News Published 3y-1w-7h-23m ago

Iran’s annual iron ore concentrate output nears 50mn tons

A total of 49.72 million tons of iron ore concentrates were produced in Iran during the last fiscal year ended on March 20 , registering a 5% growth compared with the year before, Trend reports citing Mehr . According to the latest data released by the Industries Ministry, the country produced 3.5 ....

Hellenic Shipping Freight News Published 3y-1w-19h-23m ago

Suez Canal closure highlights Asia’s growing dependence on Eastward oil flows

Earlier this week, a 400 meter long container ship halted transit in both directions on one of the world’s major seaborne trade chokepoints after running aground across a single lane stretch of the canal. Getting the vessel out of the way may take days if not weeks, according to maritime experts. ....

Hellenic Shipping Freight News Published 3y-1w-19h-23m ago

India’s March palm oil imports up 57% year on year, says trade body

India’s palm oil imports in March jumped 57% year on year as refiners increased purchases of the tropical oil to reduce expensive sunflower oil imports, a trade body said on Thursday. The country imported 526,463 tonnes of palm oil last month, while soyoil imports eased by 3% to 284,200 tonnes, th....

Hellenic Shipping Freight News Published 3y-1w-19h-23m ago

Ukraine grain exports down 23.7% so far in 2020/21 season

Ukraine amp 8217 s grain exports have fallen by 23.7% to 36.5 million tonnes so far this season, which runs from July 2020 to June 2021, economy ministry data showed on Tuesday. The exports included 14.5 million tonnes of wheat, 17.3 million tonnes of corn and 4.1 million tonnes of barley, the data....

Hellenic Shipping Freight News Published 3y-1w-19h-24m ago

Britain’s wheat imports set season low in February

Britain amp 8217 s wheat imports slowed in February but are still running well above last season amp 8217 s pace, customs data showed on Tuesday. Wheat imports for the month totalled 94,956 tonnes, down from 106,531 tonnes in January and the lowest monthly total so far for the 2020/21 season, whic....

Hellenic Shipping Freight News Published 3y-1w-19h-24m ago

Canadian crude imports fall 20% in 2020 due to COVID-19 pandemic

Imports of crude oil into Canada dropped 20% year on year in 2020 due to weak demand as a result of the COVID 19 pandemic, the Canada Energy Regulator said in an analysis released Wednesday. Canada imported 555,000 barrels per day bpd last year, the lowest level in at least 10 years, down from 693....

Hellenic Shipping Freight News Published 3y-1w-23h-23m ago

Thailand’s higher April fuel oil exports add to well-supplied regional market

Above average residual fuel spot exports by Thailand in April is likely to further weigh on an already well supplied Asian market, traders said. The country amp 8217 s spot residual fuel exports for April are expected to touch 130,000 mt, up from the typical average of 60,000 70,000 mt/month that T....

Hellenic Shipping Freight News Published 3y-1w-1d-3h-23m ago

India becomes largest buyer of US crude in first quarter of 2021

India has emerged as the top buyer of US crude in the first quarter of calendar year 2021 from second biggest buyer last year as the world amp 8217 s third largest oil consumer looks at alternate sources of crude amidst a spat with Saudi Arabia, the world amp 8217 s largest producer, to lift outpu....

Hellenic Shipping Freight News Published 3y-1w-1d-3h-23m ago

CPC Blend crude oil exports to rise slightly in May -schedule

Black Sea CPC Blend oil exports from Yuzhnaya Ozereyevka terminal were set at 5.27 million tonnes for May compared to 5.02 million tonnes planned for export in April, the schedule showed. On a daily basis, CPC Blend loadings will rise by 1.6% next month compared to April, Reuters calculations showed....

Hellenic Shipping Freight News Published 3y-1w-1d-19h-23m ago

China’s crude imports jump 21% yoy on robust demand, maintenance season looms

China’s crude oil imports jumped 21% in March from a low base of comparison a year earlier as refiners ramped up operation amid robust fuel demand post COVID 19, though purchases slowed ahead of the maintenance season. The world’s top crude oil buyer imported 49.66 million tonnes last month, equ....

Hellenic Shipping Freight News Published 3y-1w-1d-19h-23m ago

Grains cooperative CBH Group declares force majeure after Apr 11 cyclone Seroja

CBH Group, a grain growers amp 8217 cooperative based in Western Australia, has declared force majeure for Geraldton and parts of Kwinana port zones following damages from cyclone Seroja on April 11, according to an emailed notification seen by S amp 38 P Global Platts. amp 8220 Damaging wind g....

Hellenic Shipping Freight News Published 3y-1w-1d-19h-23m ago

Brazil coffee exports fall 2.7% in March to 3.06 mln bags -report

Brazil exported 3.06 million 60 kg bags of green coffee in March, 2.7% less than in the same month a year earlier, exporters association Cecafe said in a monthly report on Monday. Shipments of arabica coffee fell 6.3% in March to 2.71 million bags, while exports of robusta coffee increased 38% to 35....

Hellenic Shipping Freight News Published 3y-1w-1d-19h-23m ago

India exports 2.49 mn tonne of sugar so far, maximum to Indonesia: AISTA

Sugar mills have exported 2.49 million tonnes of the sweetener so far in the ongoing 2020 21 marketing year ending September, with maximum shipments to Indonesia, trade body AISTA said on Monday. Mills have contracted to export 3.33 million tonnes of sugar so far as against the 6 million tonnes quot....

Hellenic Shipping Freight News Published 3y-1w-1d-19h-24m ago

Covid-19 pushed steel exports to record high in FY21: SteelMint data

Steel exports touched a record high in FY21, saving the day for companies, as domestic consumption dragged due to Covid related disruptions in the first half of the year. Data compiled by Joint Plant Committee JPC shows that finished steel exports between April March 2020 2021 provisional stood ....

Hellenic Shipping Freight News Published 3y-1w-1d-19h-24m ago

ADNOC accepts May loading term LPG nominations with some delays: sources

Abu Dhabi National Oil Co has announced acceptances of May loading term LPG cargo nominations with delays for a few lifters, but without cuts, market sources said April 12. A China based importer saw a few days amp 8217 delay from its nominated dates while a Japanese trading house received a 10 da....

Hellenic Shipping Freight News Published 3y-1w-2d-3h-23m ago

Saudi Arabia meets May crude supply for most Asian buyers – sources

Top oil exporter Saudi Arabia will meet most Asian customers’ requirements for May loading crude after some buyers had asked for lower volumes partly because of refinery maintenance and higher prices, several trade sources said on Monday. The demand for lower volumes comes just as the kingdom is s....

Hellenic Shipping Freight News Published 3y-1w-2d-7h-23m ago

Malaysian 10 ppm sulfur gasoil imports to remain elevated amid shortfall: sources

Malaysia amp 8217 s nationwide switchover to using the Euro 5, or 10 ppm sulfur specification for gasoil from April 1 is expected to boost imports of the lower sulfur grade, industry sources said, as several domestic refiners are not able to meet the new specifications. Traders, however, said that ....

Hellenic Shipping Freight News Published 3y-1w-2d-19h-23m ago

Russia ready to supply LNG to fuel-hungry Pakistan

Russia has offered Pakistan liquefied natural gas LNG supplies, Foreign Minister Sergey Lavov has revealed, as the South Asian nation is facing more gas shortages in the near future. The two countries discussed deepening bilateral ties, including in energy and trade, earlier this week when Lavrov ....

Hellenic Shipping Freight News Published 3y-1w-3d-3h-23m ago

US February methanol imports fall 18.5% as severe freeze crimps demand

Methanol imports into the US decreased 18.5% month on month in February 2021, data from the US International Trade Commission showed, following a deep freeze late in the month that led to the temporary closure of several regional ports on the US Gulf Coast. In addition to port closures in late Febru....

Hellenic Shipping Freight News Published 3y-1w-5d-19h-23m ago

Brazil’s Copagaz launches cooking gas imports from Argentina’s TGS

Copagaz has signed an agreement to become Brazil’s first private distributor to import cooking gas, or liquefied petroleum gas LPG , by boat in a deal with Argentina’s Transportadora de Gas del Sur TGS , an executive told Reuters. The move reflects changes in the Brazil’s fuel market as stat....

Hellenic Shipping Freight News Published 3y-1w-5d-19h-23m ago

U.S. LNG exports set to fall to six-week low on Corpus Christi maintenance

The amount of natural gas flowing to U.S. liquefied natural gas LNG export plants was on track to drop to a six week low on Thursday due to planned work at Cheniere Energy Inc’s Corpus Christi in Texas, according to analysts and Refinitiv. LNG feedgas was on track to fall to 9.1 billion cubic fe....

Hellenic Shipping Freight News Published 3y-1w-5d-19h-23m ago

US corn export shipments up 4% on week, 6% from prior four-week average: USDA

US weekly corn export shipments for the 2020 21 marketing year September August totaled 2.053 million mt in the week ended April 1, up 4% from 1.978 million mt in the previous week, Department of Agriculture data showed April 8. The weekly export shipments for the 2020 21 marketing year were up 6%....

Hellenic Shipping Freight News Published 3y-1w-6d-3h-23m ago

UKRAINE GRAIN EXPORTS UNAFFECTED BY BORDER TENSIONS, SAY TRADERS

Escalating tensions on Ukraine amp 8217 s eastern border with Russia has not affected domestic grain exports and prices, traders said on Friday, adding that they are closely monitoring the situation in a region provides a significant part of the world amp 8217 s food needs. Kyiv has expressed conc....

Hellenic Shipping Freight News Published 3y-1w-6d-3h-23m ago

Unipec buys over 40 LNG cargoes in strip tender for June 2021-Feb 2022: sources

Unipec amp 8212 a trading arm of Chinese national oil company Sinopec amp 8212 recently purchased over 40 LNG cargoes in a strip tender for deliveries in the period of June 2021 February 2022, sources with the tender document told S amp 38 P Global Platts April 8. The tender closed on April 6....

Hellenic Shipping Freight News Published 3y-1w-6d-7h-23m ago

S Korean gasoline producers may find exports more profitable than domestic sales in Q2

South Korean refiners are planning to raise gasoline exports in the second quarter as they see motor fuel demand recovery in external markets outpacing the pickup in domestic consumption amp 8212 just as export margins surge as a slew of refinery operation hiccups across the region significantly ....

Hellenic Shipping Freight News Published 3y-1w-6d-19h-24m ago

China launches probe into stainless steel imports from EU, Japan, S.Korea, Indonesia

China’s Commerce Ministry said on Monday it has launched an anti dumping probe into imports of stainless steel billet and hot rolled stainless steel sheet and plate from the European Union, Japan, South Korea and Indonesia. The move follows a complaint by Shanxi Taigang Stainless Steel, it said. C....

Hellenic Shipping Freight News Published 3y-1w-6d-23h-23m ago

EU 2020/21 soft wheat exports 20.26mln tonnes by April 4

Soft wheat exports from the European Union in the 2020/21 season that started last July had reached 20.26 million tonnes by April 4, data published by the European Commission showed. That was down from 26.33 million tonnes cleared by the same week last season, the data showed. Since Jan. 1, the Euro....

Hellenic Shipping Freight News Published 3y-2w-3h-23m ago

Tunisia tenders to buy 75,000 tonnes soft wheat- trade

Tunisia amp 8217 s state grains agency has issued an international tender to purchase 75,000 tonnes of soft wheat, European traders said on Wednesday. The tender closes on Thursday April 8, they said. The grain can be sourced from optional origins. The wheat is sought in three 25,000 tonne consignm....

Hellenic Shipping Freight News Published 3y-2w-3h-23m ago

More crude to China helped Venezuela maintain exports in March -data

U.S. sanctioned Venezuela managed to ship more crude in March directly to China, its main export destination, even as overall shipments dipped modestly last month, according to internal documents and Refinitiv Eikon data. The South American country’s state run oil company, PDVSA, and its joint ven....

Hellenic Shipping Freight News Published 3y-2w-19h-23m ago

Colombian February coal exports jump to 13-month high: DANE

Colombian coal exports jumped to a 13 month high of 7.38 million mt in February, up 90.4% from 3.88 million mt in January and 3.2% higher than the 7.15 million mt exported in the year ago month, according to data from government statistics agency DANE released April 6. The 7.38 million mt was the se....

Hellenic Shipping Freight News Published 3y-2w-19h-24m ago

Both U.S. imports and exports of several transportation fuels fell in 2020

Global responses to the COVID 19 pandemic substantially reduced trade of many petroleum products to and from the United States during the first half of 2020. Exports of selected petroleum products mainly consumed as transportation fuels—distillate fuel oil, motor gasoline, and jet fuel—collectiv....

Hellenic Shipping Freight News Published 3y-2w-19h-24m ago

Indian refiners deepen cuts to Saudi oil purchases in May – sources

Indian state refiners will buy 36% less oil from Saudi Arabia in May than normal, three sources said, in a sign of escalating tensions with Riyadh even after the Kingdom supported the idea of boosting output from OPEC and allied producers last week. Energy relations between India, the world’s thir....

Hellenic Shipping Freight News Published 3y-2w-1d-7h-23m ago

Russian gas exports to Europe surge 30% in 2021 as harsh winter forces foreign consumers to boost energy purchases

Russian state run energy giant Gazprom increased shipments of natural gas to Europe by 30.7% in the first quarter of the current year, preliminary data shows. The impressive year on year surge, to nearly 53 billion cubic meters, is reportedly due to the cold in European terms winter season. In Mar....

Hellenic Shipping Freight News Published 3y-2w-1d-7h-23m ago

China’s PDH plants remain reliant on LPG imports despite rise in domestic output

China amp 8217 s dependence on LPG imports fell to around 30% of total consumption in 2020 from 32% in both 2019 and 2018, but its increasing domestic LPG production is being largely absorbed by households, refineries and inland petrochemical plants, while propane dehydrogenation units and coastal ....

Hellenic Shipping Freight News Published 3y-2w-1d-7h-23m ago

Sri Lanka bans palm oil imports, tells producers to uproot plantations

Sri Lanka on Monday banned imports of palm oil and new palm plantations, and told producers to uproot existing plantations in a phased manner, in a surprise move that baffled the edible oil industry. Palm oil imports and the number of plantations have been increasing in recent years in Sri Lanka, a ....

Hellenic Shipping Freight News Published 3y-2w-1d-19h-23m ago

Bakken flows on Northern Border dip as Western Canada takes greater share

Bakken natural gas flows onto Northern Border Pipeline are starting to show slight declines, signaling a reverse of the ever growing gains seen over the last few years, allowing for the possibility of more exports from Western Canada into the US Midwest this summer. A slight dip in Bakken production....

Hellenic Shipping Freight News Published 3y-2w-1d-19h-23m ago

Saudi Arabia to import 295k tons of wheat

The Saudi Grains Organization SAGO has completed procedures to import the second batch of wheat for 2021 from the Black Sea countries, EU, Australia and the North and South America. The tender comprising 295,000 tons of wheat will reach the Kingdom between May and June 2021 through its different p....

Hellenic Shipping Freight News Published 3y-2w-1d-19h-24m ago

Jordan postpones tender to buy 120,000 tonnes feed barley – trade

Jordan amp 8217 s state grains buyer postponed an new international tender to purchase 120,000 tonnes of animal feed barley with price offers now to be submitted on April 13, European traders said on Tuesday. The deadline for submission of price offers in the tender was previously Tuesday, April 6.....

Hellenic Shipping Freight News Published 3y-2w-1d-19h-24m ago

Indian Oil Corp buys its first Johan Sverdrup crude cargoes – sources

State run refiner Indian Oil Corporation IOC has made its first purchase of Norway amp 8217 s Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification of crude imports, two trade sources told Reuters. IOC will take delivery of two million barrels of the North....

Hellenic Shipping Freight News Published 3y-2w-2d-3h-23m ago

CHINA SELLS 1.588 MLN TONNES OF WHEAT AT AUCTION OF STATE RESERVES

China sold 1.588 million tonnes of wheat, or 39.48% of the total on offer, at an auction of state reserves last week, the National Grain Trade Center said in a statement late last Friday. The volume sold, at an average price of 2,363 yuan $360.36 per tonne, rose slightly from around 1 million tonn....

Hellenic Shipping Freight News Published 3y-2w-2d-3h-23m ago

IRAQ DATA: March oil exports drop 0.8% amid signs of tighter OPEC+ compliance

Iraq amp 8217 s total crude exports in March, including flows from the semi autonomous Kurdistan region, fell 0.8% month on month, data from the oil ministry and shipping reports showed, amid signs of tighter compliance with OPEC+ output cuts. OPEC amp 8217 s second largest producer exported 3.280....

Hellenic Shipping Freight News Published 3y-2w-2d-7h-23m ago

WAF crude exporters in quandary amid fading Chinese demand

China, the world amp 8217 s largest crude importer, has started to reduce its reliance on West African oil, smitten by the lure of cheaper Iranian oil amid a backdrop of swollen inventories and higher flat prices. This is a huge setback for Angola and Republic of Congo, which are heavily reliant on....

Hellenic Shipping Freight News Published 3y-2w-2d-7h-23m ago

Across China: Freight train service prospers amid enhanced Sino-Italian trade ties

A direct cargo train on Thursday left for Milan from Xi amp 8217 an, capital of northwest China amp 8217 s Shaanxi Province, marking the departure of the 100th direct express since the service was launched last year. As of Thursday, about 60,725 tonnes of cargo was transported via the Xi amp 8217....

Hellenic Shipping Freight News Published 3y-2w-2d-19h-23m ago

Chinese refiners weigh between Iraqi Basrah Medium crude’s price discount, quality issues

China is fast becoming Iraq amp 8217 s most important customer of its Basrah Medium crude, with several refineries growing fond on the new medium sour grade amid tight Saudi crude supply and attractive Iraqi selling prices, but it may take a while to gain wider acceptance in the Chinese refining se....

Hellenic Shipping Freight News Published 3y-2w-2d-19h-23m ago

Transneft expects to ship 8.5 mil b/d of Russian oil in April

Russian pipeline operator Transneft said that it expects to ship 34.82 million mt, equivalent to around 8.5 million b/d, of Russian oil in April. This would represent an increase of 2.6% on daily average deliveries of 8.28 million b/d shipped in March 2021. Increases in month on month delivery volum....

Hellenic Shipping Freight News Published 3y-2w-2d-19h-23m ago

U.S. LNG export bonanza reshapes energy map in Asia

U.S. exports of liquefied natural gas LNG to China, Japan and South Korea, the biggest importers of the fuel, have surged to record highs in recent months as the heavily industrialised region recovers from the COVID 19 pandemic, Eikon trade data shows. As with the ramp up of U.S. oil exports that ....

Hellenic Shipping Freight News Published 3y-2w-2d-19h-24m ago

Atlantic LNG MOC sees record volume of 57 bids/offers in March

S amp 38 P Global Platts Atlantic LNG MOC saw a total of 57 bids/offers in March, making it the highest monthly volume ever, surpassing the last record in July 2019, when 45 were reported by market participants. The Atlantic LNG MOC is the price assessment process for Platts Northwest Europe, Medit....

Hellenic Shipping Freight News Published 3y-2w-2d-19h-24m ago

S.Korea’s March crude oil imports down 16.5% y/y – preliminary data

South Korea amp 8217 s March crude oil imports tumbled 16.5% to 70.2 million barrels from a year earlier, preliminary data from the Ministry of Trade, Industry and Energy showed on Thursday. Final data will be released later this month by state run Korea National Oil Corp KNOC . Note: The ministry....

Hellenic Shipping Freight News Published 3y-2w-6d-19h-23m ago

Algeria buys about 500,000 tonnes milling wheat in tender -traders

Algeria’s state grains agency OAIC has purchased about 500,000 tonnes of optional origin milling wheat in an international tender that closed on Wednesday, European traders said on Thursday. Trade estimates were between 500,000 and 550,000 tonnes, above initial estimates early Wednesday evening. O....

Hellenic Shipping Freight News Published 3y-2w-6d-19h-24m ago

Saudi Arabia’s SAGO seeks 295,000 tonnes of wheat in tender

Saudi Arabia amp 8217 s state wheat buying agency, the Saudi Grains Organization SAGO , on Thursday said it has issued an international tender to purchase about 295,000 tonnes of wheat. SAGO Governor Ahmed Al Fares said in a statement that the wheat is sought in five individual shipments for arriv....

Hellenic Shipping Freight News Published 3y-2w-6d-19h-24m ago

U.S. oil imports, exports up last week: EIA

U.S. crude oil imports and exports both increased during the week ending March 26, the U.S. Energy Information Administration EIA said on Wednesday. U.S. crude oil imports averaged 6.1 million barrels per day b/d last week, up by about 523,000 b/d from the previous week, while crude oil exports ....

Hellenic Shipping Freight News Published 3y-2w-6d-19h-24m ago

Japan imported 18.742 million barrels of crude oil from UAE in February

Japan imported from the United Arab Emirates 18.742 million barrels of crude oil in February 2021, data released by the Agency of Energy and Natural Resource in Tokyo showed. This accounts for 25.9 percent of Japan amp 8217 s total crude imports in that month, the agency that belong to the Ministry....

Hellenic Shipping Freight News Published 3y-2w-6d-23h-23m ago

Russia’s oil exports from Novorossiisk port revised up for April as Rosneft adds extra cargo- traders

Russia amp 8217 s Urals and Siberian Light oil exports from Black Sea amp 8217 s Novorossiisk port were revised by 0.14 million tonnes to 1.77 million tonnes in April, two traders said. Rosneft added an extra cargo of 140,000 tonnes of Urals oil to the loading plan from Novorossiisk on April 26 27....

Hellenic Shipping Freight News Published 3y-3w-7h-24m ago

Suez Canal reopening eases worries on Asian chemical shipment delays

The reopening of the Suez Canal has brought relief to some Asian chemical markets but worries still linger over current shipments and how long the backlog of vessels waiting to transit the key waterway will be cleared. Vessels began entering the Suez Canal late on Monday after a containership that h....

Hellenic Shipping Freight News Published 3y-3w-7h-24m ago

China’s ENN seeks LNG in 10-year purchase tender, first supply in 2022

ENN LNG Singapore Pte Ltd, a unit of private Chinese gas distributor ENN Group, has issued a tender seeking liquefied natural gas LNG for 10 years starting in 2022, a trading source with direct knowledge of the matter said. In what would be the firm’s largest long term tender, ENN LNG sought b....

Hellenic Shipping Freight News Published 3y-3w-19h-23m ago

Ukraine wheat export prices fall to 5-month lows

Ukrainian wheat export prices have fallen to five month lows due to limited demand from exporters and a global downward trend, analysts at consultancy APK Inform said on Wednesday. Asking prices for 12.5% protein soft milling wheat fell to $251 $256 per tonne FOB Black Sea as of March 30, down $23 f....

Hellenic Shipping Freight News Published 3y-3w-19h-23m ago

Jordan buys 60,000 tonnes of barley in tender, traders say

Jordan’s state grains buyer is thought to have purchased 60,000 tonnes of animal feed barley in an international tender which closed on Tuesday, traders said. The state buyer purchased the barley from COFCO International at $253 a tonne, including cost and freight c amp 038 f for shipment in th....

Hellenic Shipping Freight News Published 3y-3w-19h-24m ago

Traders book US-to-Asia naphtha shipments amid slim arbitrage opportunities

Tighter supply in Asia kickstarted chartering activity for US to Asia naphtha arbitrage flows, amid tighter supply in Asia due to the logistical chokehold at the Suez Canal. While the mega container ship Ever Given was freed on March 29 and moved to a waiting area at the Great Bitter Lake, the Suez ....

Hellenic Shipping Freight News Published 3y-3w-1d-3h-23m ago

EU 2020/21 soft wheat exports 19.79mln tonnes by March 28

Soft wheat exports from the European Union in the 2020/21 season that started last July had reached 19.79 million tonnes by March 28, data published by the European Commission showed. That was down from 25.62 million tonnes cleared by the same week last season, the data showed. Since Jan. 1, the Eur....

Hellenic Shipping Freight News Published 3y-3w-1d-3h-23m ago

U.S. gas industry increasingly relies on LNG exports

U.S. gas producers have become increasingly reliant on liquefied natural gas LNG exports to Europe and Asia to absorb their growing output and prevent domestic prices from plunging as a result of oversupply. Between 2015 and 2020, U.S. gas production grew roughly twice as fast 4.3% per year on av....

Hellenic Shipping Freight News Published 3y-3w-1d-7h-23m ago

S Korea may rekindle US crude appetite amid high Middle East prices, fuel demand recovery

South Korean refiners are looking to revive US crude oil purchases over the coming trading cycles as major Middle Eastern suppliers maintain strong discipline over production levels and continue raising their official selling prices, while domestic transportation fuel demand is expected to improve f....

Hellenic Shipping Freight News Published 3y-3w-1d-7h-23m ago

Ukraine 2020/21 wheat exports will not reach 17.5 mln T -deputy minister

Ukraine amp 8217 s wheat exports in the 2020/21 July June season will not reach the previously predicted volume of 17.5 million tonnes, deputy Ukrainian economy minister Taras Vysotskiy said on Tuesday. Vysotskiy said the current pace of shipments were slower than expected and by 500,000 tonnes les....

Hellenic Shipping Freight News Published 3y-3w-1d-19h-23m ago

Stellar rise in US crude inflows a sign India is spoilt for choice: Pradhan

The stellar rise of the US from supplying its maiden crude cargo to India to becoming the second largest supplier in three years is a sign that New Delhi has an aggressive diversification strategy in place that provides flexibility in sourcing cargoes from a world awash with oil, Petroleum Minister ....

Hellenic Shipping Freight News Published 3y-3w-2d-3h-23m ago

Humble aluminium can shows a circular economy won’t be easy

When Coors introduced the first all aluminium beverage can in 1959, it offered one cent on every can returned. The U.S. brewer knew it could recycle the used cans to make new cans at a fraction of the cost of virgin metal. Recycling uses only 5% of the energy needed to convert alumina into primary a....

Hellenic Shipping Freight News Published 3y-3w-2d-3h-23m ago

China set to dominate refined oil exports in Asia-Pacific region

A rapid increase in China’s crude oil refinery capacity will see it dominate exports in the Asia Pacific region APAC , particularly to Australia where concerns are growing of a vulnerability in the supply chain, experts say. China customs data shows that the country’s exports of refined oil pro....

Hellenic Shipping Freight News Published 3y-3w-2d-7h-24m ago

Suez Canal logjam barely impacts Russian Urals exports, says energy ministry

The Russian Energy Ministry said that the logjam in the Suez Canal has barely impacted exports of Russia amp 8217 s key crude grade Urals, which uses other delivery routes. amp 8220 Russia amp 8217 s unique geographical location gives it natural advantages in the global energy market in terms of....

Hellenic Shipping Freight News Published 3y-3w-2d-7h-24m ago

LNG imports push Australia’s projected gas supply gap out to 2026

Plans by billionaire Andrew Forrest to have a liquefied natural gas LNG terminal ready by 2022 means Australia won’t suffer a supply shortfall until 2026, two years later than previously forecast, the energy market operator said on Monday. “This development comes at a critical time, as existin....

Hellenic Shipping Freight News Published 3y-3w-2d-19h-23m ago

China sells 1,030,397 tonnes of wheat at auction of state reserves

China sold 1.03 million tonnes of wheat, or 25.75% of the total on offer, at an auction of state reserves last week, the National Grain Trade Center said in a statement on Monday. The volume sold, at an average price of 2,354 yuan $359.75 per tonne, declined from more than 1.6 million tonnes sold ....

Hellenic Shipping Freight News Published 3y-3w-2d-19h-23m ago

Iran seeks to boost oil exports to China with bilateral agreement

Iran and China signed a sweeping 25 year trade and security cooperation pact that could lead to increased oil flows from Tehran to Beijing. The exact text of the deal was not released, but Iran amp 8217 s semi official Tasnim news agency reported that in exchange for greater access to Iranian oil, ....

Hellenic Shipping Freight News Published 3y-3w-2d-19h-24m ago

Suez Canal crisis: UAE’s oil exports won’t be impacted, analysts say

The UAE’s oil exports won amp 8217 t be impacted by the closure of Suez Canal as most of the crude is now exported to Asian countries, says analyst. The UAE can also channel its oil exports through the Sumed pipeline if the ongoing crisis prolongs. “The UAE’s oil exports are unlikely to be im....

Hellenic Shipping Freight News Published 3y-3w-2d-23h-23m ago

South Korea expects delay in CPC Blend crude arrivals amid Suez Canal congestion

Asian crude oil importers are broadly unfazed by the blockage and congestion at the Suez Canal as the bulk of their feedstock shipments come from different sea lanes, but some South Korean refiners are expecting a delay of around one week for a few light sweet grades loaded from export terminals in ....

Hellenic Shipping Freight News Published 3y-3w-3d-3h-23m ago

Demand for Russia’s Urals oil may grow as Suez Canal is blocked, reports Vortexa

The incident of Suez Canal blocking by the Ever Given container ship may result in growing demand for the Russian Urals export oil blend, Senior Freight Analyst of Vortexa consultancy Arthur Richier told TASS on Friday. It is correct to assume that the Russian Urals is similar to Middle Eastern crud....

Hellenic Shipping Freight News Published 3y-3w-3d-7h-23m ago

LPG trade sees little impact from Suez Canal blockage

Only a handful of Very Large Gas Carriers transit the Suez Canal carrying LPG from North Africa, North West Europe and the US to Asia, largely relying instead on the Panama Canal, Persian Gulf and Cape of Good Hope to move cargoes, limiting the impact of the stranded container ship blocking the wate....

Hellenic Shipping Freight News Published 3y-3w-3d-7h-24m ago

China’s light cycle oil imports likely to rally on higher tax risk ahead

China amp 8217 s light cycle oil, or LCO, imports are expected to rally in March/April amid a possibility of imposition of consumption tax on the fuel in May, traders said. LCO, mainly supplied by South Korea, is a common blendstock for gasoil and it is used in the mining, construction, fishing, in....

Hellenic Shipping Freight News Published 3y-3w-3d-19h-23m ago

Supply overhang may slow Australia’s crude exports revival from 11-month lows

Crude exports out of Australia may struggle to post a sharp rebound from 11 month lows seen in January, as refinery turnaround in Northeast Asia will likely keep appetite for feedstock relatively weak, although continued demand for condensate cargoes that aid in making medical hygiene products would....

Hellenic Shipping Freight News Published 3y-3w-3d-19h-24m ago

Ukraine Grain Exports Down 22.7% So Far In 2020/21 Season

Ukraine amp 8217 s grain exports have fallen by 22.7% to 34.73 million tonnes so far this season, which runs from July 2020 to June 2021, economy ministry data showed on Friday. The volume included 14.22 million tonnes of wheat, 19.1% less then traders had sold by that date last year, and 15.83 mil....

Hellenic Shipping Freight News Published 3y-3w-3d-19h-24m ago

US in 2020 renewed 10-year record for oil import from Russia

The United States imported the largest volume of oil and petroleum products from Russia since 2011 in 2020, according to data from the Energy Information Administration EIA of the US Department of Energy. The volume of imports of Russian oil and petroleum products last year amounted to 538,000 bar....

Hellenic Shipping Freight News Published 3y-3w-3d-23h-23m ago

Africa can play central role in India’s oil diversification, says minister

African nations could play a central role in efforts by India to diversify its sources of oil and gas, India’s oil minister said, as the nation strives to reduce its energy reliance on the Middle East. India, the world’s third biggest oil importer, has asked state refiners to speed up the divers....

Hellenic Shipping Freight News Published 3y-3w-3d-23h-23m ago

Sembcorp Appointed as Term Liquified Natural Gas Importer for Singapore

Sembcorp Industries Sembcorp is pleased to announce that its wholly owned subsidiary, Sembcorp Fuels Singapore , has been appointed by the Energy Market Authority EMA as a new term liquefied natural gas LNG importer for Singapore, allowing it to import and sell regasified LNG to customers in ....

Hellenic Shipping Freight News Published 3y-3w-5d-18h-24m ago

South Korea’s NOFI said to buy 131,000 tonnes of feed wheat

South Korea’s largest feedmaker Nonghyup Feed Inc. NOFI is believed to have bought an estimated 131,000 tonnes of animal feed wheat to be sourced from worldwide origins in an international tender that closed on Thursday, European traders said. The wheat was purchased in two consignments. One of ....

Hellenic Shipping Freight News Published 3y-3w-5d-18h-24m ago

Argentine farmers have sold 12.45 mln tonnes of 2020/21 soybeans

Argentine farmers have sold 12.45 million tonnes of 2020/21 soybeans, after registering transactions in a week for 552,500 tonnes, the Ministry of Agriculture said late on Wednesday in a report with data for the season up until March 17. The soybean harvest for the current campaign is expected to be....

Hellenic Shipping Freight News Published 3y-3w-5d-18h-24m ago

India calls Saudi advice on tapping stored oil ‘undiplomatic’

Indian oil minister Dharmendra Pradhan on Friday described his Saudi counterpart amp 8217 s advice to reduce oil stores to tackle high crude prices as amp 8220 undiplomatic amp 8221 . amp 8220 That was in a way an undiplomatic answer by some of our old friend. I politely disagree with that k....

Hellenic Shipping Freight News Published 3y-3w-5d-22h-23m ago

Key Australian coal rail line to Newcastle fully reopens following floods

Australian Rail Track Corp ARTC said on Friday it has fully reopened the Hunter Valley coal rail line to Newcastle, the world’s biggest coal export port, after flood waters receded in New South Wales. The line was shut for nearly a week amid the worst rainfall in more than 50 years, and partly r....

Hellenic Shipping Freight News Published 3y-3w-5d-22h-23m ago

Croatia receives third LNG cargo aboard vessel from US: cFlow

The 2.6 Bcm/year capacity LNG import terminal in Croatia received its third cargo on March 24, according to cFlow, Platts trade flow software, with a cargo brought in from Freeport in the US aboard the Patris. The LNG Croatia amp 8212 a dedicated FSRU acting as a gateway for international LNG sup....

Hellenic Shipping Freight News Published 3y-3w-6d-2h-23m ago

UAE’s ADNOC plans to cut June-loading crude oil supplies to Asia -sources

Abu Dhabi National Oil Company has notified buyers in Asia that it plans to cut supplies of crude oil loading in June by 15%, several sources with knowledge of the matter said. The producer cut May supplies by 5% last month. Those supply cuts are part of United Arab Emirates’ obligation under a pa....

Hellenic Shipping Freight News Published 3y-3w-6d-2h-23m ago

S Korean feed buyers switch from corn to feed wheat as negative spread widens

Feed millers in South Korea have switched from corn to feed wheat, as the price spread between the two feed components widened further in the negative territory. Earlier in the week of March 21, South Korea amp 8217 s Major Feed Group privately purchased a 66,000 mt of feed wheat cargo from COFCO o....

Hellenic Shipping Freight News Published 3y-3w-6d-2h-23m ago

Singapore appoints two more term LNG importers

Singapore’s Energy Market Authority EMA said on Thursday that it has appointed ExxonMobil LNG Asia Pacific and Sembcorp Fuels Singapore as term liquefied natural gas importers for the city state, increasing the number of players to four. The regulator issues licenses for term LNG importers und....

Hellenic Shipping Freight News Published 3y-3w-6d-18h-23m ago

Iraq’s SOMO awards fuel oil supply contracts to Chevron, Reliance

Iraqi state owned marketer SOMO has finalised a term contract to supply 750,000 tonnes of straight run fuel oil SRFO per month from April to September, three fuel oil trade sources said. Chevron Corp, Reliance Industries Ltd and an unidentified Iraqi oil trader were awarded the six month SRFO supp....

Hellenic Shipping Freight News Published 3y-3w-6d-18h-24m ago

Sinopec Signs Long-term Liquefied Natural Gas Deal of 2 Million Tons per Annum with Qatar Petroleum

China Petroleum amp 38 Chemical Corporation HKG: 0386, amp 8220 Sinopec amp 8221 signed a long term purchase and sales agreement with Qatar Petroleum on March 22 via online video conference to purchase 2 million tons of liquefied natural gas amp 8220 LNG amp 8221 every year for a term....

Hellenic Shipping Freight News Published 3y-3w-6d-18h-24m ago

Australia flooding tightens regional thermal coal supply, supports prices

Asian thermal coal supply is expected to tighten due to the floods in eastern Australia that have disrupted rail freight, impacted loading operations and are likely to delay shipments in the coming days as weather conditions worsen, but the impact on metallurgical coal operations has so far been lim....

Hellenic Shipping Freight News Published 3y-4w-1d-2h-23m ago

EU soybean meal imports continue to fall amid tight S American supplies: sources

EU soybean meal imports have continued a slump seen since the start of the 2020 21 marketing year July June amid tight supplies from its top two suppliers, Argentina and Brazil, market sources told S amp 38 P Global Platts. The EU amp 8217 s soybean meal imports declined 4.6% year on year to 12.....

Hellenic Shipping Freight News Published 3y-4w-1d-6h-23m ago

Cheaper iron ore squeezes trade bubble with Australia

The prospect of declining iron ore prices may offer an opportunity for Australia to reflect on its structural economic challenges. Chinese iron ore futures tumbled on Monday as market players were concerned about the weak demand for the commodity. A notice issued last week by China amp 8217 s top s....

Hellenic Shipping Freight News Published 3y-4w-1d-6h-24m ago

Malaysia’s biodiesel exports in 2021 seen falling to four-year low

Malaysia’s exports of palm based biodiesel are likely to fall this year to their lowest since 2017 due to European Union restrictions and the coronavirus pandemic, the Malaysian Biodiesel Association MBA said on Tuesday. Exports from Malaysia are estimated to fall to 350,000 tonnes from 378,582 ....

Hellenic Shipping Freight News Published 3y-4w-1d-18h-23m ago

Annova LNG discontinuing US export project: operator

Annova LNG has scrapped development of a proposed 6.5 million mt/year export facility along the underutilized Brownsville Ship Channel in South Texas, Annova said March 22, citing amp 8220 changes in the global LNG market. amp 8221 amp 8220 The entire Annova team is very grateful to the greate....

Hellenic Shipping Freight News Published 3y-4w-1d-18h-23m ago

Saudi’s April allocation cuts to Asia within expectations; refiners seek alternate supply

Term allocation cuts by Saudi Aramco to buyers in Asia were mostly within expectations, although some refiners are likely to supplement supply with crude oil from alternative sources. Refiners across key Asian economies, namely China, Japan and South Korea, had their term allocations reduced by 10% ....

Hellenic Shipping Freight News Published 3y-4w-1d-18h-23m ago

USDA attache sees Egypt’s 2021/22 wheat imports rising to 13.2 mln tonnes

Following are selected highlights from a report issued by the U.S. Department of Agriculture amp 8217 s Foreign Agricultural Service post in Cairo: amp 8220 FAS Cairo Post forecasts Egypt amp 8217 s wheat production in marketing year MY 2021/22 July–June to reach 9.0 million metric tons ....

Hellenic Shipping Freight News Published 3y-4w-1d-22h-23m ago

Russian Feb fuel oil exports down 2.9% on year at 2.72 mil mt

Russian fuel oil exports fell 2.9% year on year to 2.72 million mt in February, according to data released March 22 by the Central Dispatching Unit, the statistical arm of the Russian Energy Ministry. Fuel oil exports were down 6.4% from January shipments of 2.9 million mt, according to the data. Ex....

Hellenic Shipping Freight News Published 3y-4w-2d-2h-23m ago

QP inks first long term LNG supply deal with Sinopec for China

Qatar Petroleum has finalized a 10 year LNG Sale and Purchase Agreement with China Petroleum amp 38 Chemical Corporation Sinopec for the supply of 2 million tons/yr of LNG for China, the company has said March 22. Under the deal amp 8212 originally negotiated in 2020 amp 8212 shipments wi....

Hellenic Shipping Freight News Published 3y-4w-2d-2h-23m ago

China’s crude imports from Oman, UAE jump as Iranian barrels fall

China amp 8217 s crude oil imports from Oman and the United Arab Emirates rose 30% and 61%, respectively, in the first two months of 2021 from the same year ago period, data from Chinese customs showed on Saturday, as some Iranian barrels were believed to have slipped in. Data from the General Admi....

Hellenic Shipping Freight News Published 3y-4w-2d-6h-23m ago

India’s crude imports fall in February as demand slows, new virus wave looms

India amp 8217 s crude oil imports fell by the most in four months in February, government data showed on Monday, as demand slowed due to rising fuel prices and as the country faces a resurgence in COVID 19 cases and potentially fresh restrictions. India amp 8217 s crude oil imports in February fe....

Hellenic Shipping Freight News Published 3y-4w-2d-6h-23m ago

Brazilian Grade B cargoes pricier in 2021

Far East buyers, including South Korea and Japan, are anticipating higher Grade B prices from Brazil versus 2020 and are waiting for the start of the harvest before showing bids. Brazil Grade B ethanol prices have dramatically climbed over the past year to March 22 because of increased domestic dema....

Hellenic Shipping Freight News Published 3y-4w-2d-6h-23m ago

Russian wheat export prices down amid weak demand, global benchmarks

Russian wheat export prices fell for the third consecutive week last week amid weak demand and lower prices in Chicago and Paris, analysts said on Monday. Prices in Chicago, a benchmark for the wheat market, are near their three month low as improved weather across the Northern Hemisphere boosted ex....

Hellenic Shipping Freight News Published 3y-4w-2d-6h-23m ago

China seen importing record volumes of North Sea crude in March

China amp 8217 s deliveries of North Sea crude are expected to hit a record this month, helping to offset tepid demand from European markets that remain subdued by COVID 19 lockdowns, according to market sources and an S amp 38 P Global Platts analysis of shipping data. The world amp 8217 s large....

Hellenic Shipping Freight News Published 3y-4w-2d-18h-23m ago

Ukraine grain exports down 23.4% so far in 2020/21 season

Ukraine amp 8217 s grain exports have fallen by 23.4% to 34.01 million tonnes so far this season, which runs from July 2020 to June 2021, economy ministry data showed on Monday. The exports included 14 million tonnes of wheat, 15.43 million tonnes of corn and 4.05 million tonnes of barley, the data....

Hellenic Shipping Freight News Published 3y-4w-2d-18h-23m ago

China-Central Asia freight train flagged off

This year amp 8217 s first freight train from Northwest China amp 8217 s Gansu Province to Central Asia was flagged off on Saturday, according to local transport authorities. The train carrying 1,300 tonnes of cargo including garments and suitcases was assembled in the provincial capital of Lanzho....

Hellenic Shipping Freight News Published 3y-4w-2d-18h-23m ago

U.S. LNG exports in EIA’s AEO2021 side cases vary with crude oil, natural gas prices

The U.S. Energy Information Administration amp 8217 s EIA Annual Energy Outlook 2021 AEO2021 projects that the volume of U.S. liquefied natural gas LNG exports through 2050 will span a wide range based on its published side cases. In the AEO2021 Reference case, U.S. LNG exports continue to gr....

Hellenic Shipping Freight News Published 3y-4w-2d-18h-24m ago

Vietnam’s Dung Quat to test Indonesian Minas crude in hunt for new feedstocks

Vietnam is growing fond of West African crude oil after state run Binh Son Refining and Petrochemical, or BSR, successfully processed two Nigerian grades in recent test runs at its Dung Quat refinery, but Indonesian Minas grade also emerged on its radar recently as the company amp 8217 s search for....

Hellenic Shipping Freight News Published 3y-4w-2d-18h-24m ago

India’s MRPL buys Brazilian Tupi crude for first time – sources

India’s Mangalore Refinery and Petrochemicals Ltd has bought its first ever cargo of Brazilian Tupi crude oil in a tender, two industry sources said on Monday. The 1 million barrel cargo was sold by Royal Dutch Shell for May delivery, he added. The price was not immediately known. The purchase com....

Hellenic Shipping Freight News Published 3y-4w-2d-22h-23m ago

India looking for other sources of crude oil supply: Nirmala Sitharaman

India will look for alternative sources of crude oil to ensure sustained supply of the fuel, Finance Minister Nirmala Sitharaman said. New supply chains won’t likely have an impact on crude prices though, she said on Saturday. The federal and state governments will have to discuss about the inflat....

Hellenic Shipping Freight News Published 3y-4w-2d-22h-23m ago

LNG volumes to France set to increase at start of summer

French LNG terminals are likely to see an increasingly high number of LNG deliveries amid higher US feedgas and tightening spreads between French PEG and Asian LNG prices. The PEG April ‘21 contract traced up again in recent sessions after dropping below the ICIS East Asia Index EAX in the first....

Hellenic Shipping Freight News Published 3y-1mo-2h-23m ago

US pips Saudi Arabia as second largest exporter of crude oil to India

US crude oil exports to India jumped to 2.11 million metric tonnes in February, helping it dislodge Saudi Arabia as the second largest supplier to India, the world’s third largest oil importer. This comes in the backdrop of India increasing its oil imports from the US, with the Indian government w....

Hellenic Shipping Freight News Published 3y-1mo-2h-23m ago

US LNG to favour Europe over Asia amid low shipping costs

European gas and Asian LNG May ’21 contracts have vied for the position of cheapest prices since the start of March amid volatility in the wider energy complex and an uncertain supply outlook. However it remains cheaper for US LNG producers to sell into the European market instead of Asia amid fav....

Hellenic Shipping Freight News Published 3y-1mo-6h-23m ago

Argentina buying LNG cargoes from BP, preparing for the coming winter

Argentina amp 8217 s state owned IEASA received offers from 14 companies to supply 24 LNG cargoes at an average price of US$ 6.50/mn Btu. All the offers are expected to be awarded for a total of US$ 330mn, according to the energy secretariat. The big winner was BP with 15 cargoes, followed by Gunvo....

Hellenic Shipping Freight News Published 3y-1mo-6h-23m ago

U.S. LNG exports on track to hit record high in March

U.S. liquefied natural gas LNG exports are on track to hit record highs in March as tumbling shipping rates and lower prices than in Europe and Asia continue to attract buyers. The amount of gas flowing to U.S. LNG export plants has averaged 10.5 billion cubic feet per day bcfd so far in March, ....

Hellenic Shipping Freight News Published 3y-1mo-18h-23m ago

Strategie Grains cuts EU wheat export forecast as demand wanes

Consultancy Strategie Grains on Thursday lowered its monthly forecast of soft wheat exports from the European Union and Britain in the 2020/21 season by 900,000 tonnes to 25.2 million to take account of a drop in demand, notably from China. Hefty Chinese purchases this season had fueled a rally in E....

Hellenic Shipping Freight News Published 3y-1mo-18h-23m ago

China’s Jan-Feb copper, tin ore imports from Myanmar fall amid unrest

China’s imports of copper metal and tin ore from Myanmar both fell more than 25% year on year in the first two months of 2021, customs data showed on Saturday, shedding some light on trade flows amid a state of emergency in the Southeast Asian country. The military seized power in Myanmar, the wor....

Hellenic Shipping Freight News Published 3y-1mo-18h-23m ago

Ukraine grain exports down 22.7% so far in 2020/21 season

Ukraine amp 8217 s grain exports have fallen by nearly 23% to 33.9 million tonnes so far this season, which runs from July 2020 to June 2021, economy ministry data showed on Friday. Traders sold 13.98 million tonnes of wheat, 15.33 million tonnes of corn and 4.05 million tonnes of barley, the data ....

Hellenic Shipping Freight News Published 3y-1mo-18h-24m ago

Strike in Peru causes shipment delays to copper concentrate: sources

Shipments of copper concentrate were delayed following a nationwide strike by truck drivers in Peru, as miners were not able to transport cargoes from mining sites to loading ports, market sources told S amp 38 P Global Platts March 19. A few smelters surveyed by Platts said that they have not yet ....

Hellenic Shipping Freight News Published 3y-1mo-22h-23m ago

Tunisia buys soft wheat, durum wheat and feed barley in tender – trade

Tunisia amp 8217 s state grains agency has purchased soft wheat, durum and animal feed barley in an international tender that closed on Thursday, European traders said. The precise tonnage bought was initially unclear but thought to be close to the tender volume of around 42,000 tonnes of durum whe....

Hellenic Shipping Freight News Published 3y-1mo-2d-18h-23m ago

Strike in Peru causes shipment delays to copper concentrate: sources

Shipments of copper concentrate were delayed following a nationwide strike by truck drivers in Peru, as miners were not able to transport cargoes from mining sites to loading ports, market sources told S amp 38 P Global Platts March 19. A few smelters surveyed by Platts said that they have not yet ....

Hellenic Shipping Freight News Published 3y-1mo-2d-18h-23m ago

Wheat imports ‘recipe for disaster’, says Qamar

Expressing serious concern over the import of wheat when local stocks have begun arriving in the market, chairman of the National Assembly Standing Committee on Commerce Syed Naveed Qamar termed the government’s move a “recipe for disaster”. Chairing the NA body meeting on Thursday, Mr Qamar s....

Hellenic Shipping Freight News Published 3y-1mo-2d-18h-24m ago

Myanmar unrest saps oil product imports, analysts say

Violent unrest and sanctions are reducing Myanmar’s imports of gasoline and other oil products, energy analysts FGE and Vortexa said. “The widespread unrest has severely impacted businesses in the country, including oil terminal operators,” energy consulting firm FGE said. “U.S. sanctions ha....

Hellenic Shipping Freight News Published 3y-1mo-2d-18h-24m ago

How is OPEC agreement to maintain low oil production affecting India’s imports?

As fuel prices skyrocketed across India in the past few weeks, the government blamed it on a rise in international crude prices. The validity of the explanation lies in the fact that India is the world amp 8217 s third biggest oil importer, shipping in about 84 percent of its crude needs. India imp....

Hellenic Shipping Freight News Published 3y-1mo-2d-18h-24m ago

Russia’s crude oil export set to drop 3pc in Q2 vs Q1

Russia amp 8217 s crude oil export and transit set to decline to 60.9 million tonnes for the April June period from 62.1 million tonnes in the export schedule for January March, according to the quarterly schedule seen by Reuters on Thursday. Russia plans to decrease its oil exports in the second q....

Hellenic Shipping Freight News Published 3y-1mo-2d-18h-24m ago

US corn export shipments up 38% on week at 2.199 mil mt, a marketing-year high: USDA

US weekly corn export shipments of corn for the 2020 21 marketing year September August totaled 2.199 million mt in the week ended March 11, up 38% from 1.593 million mt in the previous week, Department of Agriculture data showed March 18. The weekly export shipments for the 2020 21 marketing year....

Hellenic Shipping Freight News Published 3y-1mo-2d-22h-23m ago

Venezuelan farmers seek permission to import diesel amid shortages

Venezuelan farmers said that they had asked the government to allow them to import diesel themselves to alleviate shortages of the fuel that are hindering food production and distribution. Diesel has become scarce in the crisis stricken OPEC nation amid very low output at state oil company Petroleos....

Hellenic Shipping Freight News Published 3y-1mo-2d-22h-23m ago

U.S. oil imports, exports down last week: EIA

U.S. crude oil imports and exports both decreased during the week ending March 12, the U.S. Energy Information Administration EIA said. U.S. crude oil imports averaged 5.3 million barrels per day b/d last week, down by about 332,000 b/d from the previous week, while crude oil exports averaged ab....

Hellenic Shipping Freight News Published 3y-1mo-3d-2h-23m ago

SAUDI DATA: Crude exports rise again as Saudi Arabia draws on inventories

Saudi Arabia drew again on its crude stockpiles to boost exports in January, even with its OPEC+ production quota easing, the latest figures from the Joint Organizations Data Initiative showed. The kingdom exported 6.582 million b/d in January, according to JODI data released March 18, an increase o....

Hellenic Shipping Freight News Published 3y-1mo-3d-6h-23m ago

China’s Jan-Feb gasoline exports jump 30% year-on-year

China’s gasoline exports rose 30.1% year on year in the first two months of 2021, customs data showed, as refineries sought to ease domestic inventory pressure due to high output. Gasoline shipments in January and February were at 3.54 million tonnes, up from 2.72 million tonnes in the same period....

Hellenic Shipping Freight News Published 3y-1mo-3d-6h-23m ago

US crude’s maiden sprint past Saudi makes it India’s flavor of the month

India amp 8217 s dramatic surge in US crude inflows has helped the exporter to displace Saudi Arabia for the first time, as refiners queued up for lighter feedstock anticipating robust demand for gasoline and other products, while staying away from Middle Eastern supplies following OPEC led output ....

Hellenic Shipping Freight News Published 3y-1mo-3d-6h-23m ago

Poland’s PKN takes reduced supply in Rosneft oil import deal

Polish state run refiner PKN Orlen will receive 3.6 million tonnes of crude oil per year from Russia’s Rosneft under a new two year supply contract signed on Tuesday, PKN said. Rosneft suspended oil supplies to Poland in February after failing to agree on new contract terms with PKN Orlen when the....

Hellenic Shipping Freight News Published 3y-1mo-3d-18h-23m ago

First Europe-origin recycled steel cargo loads for China under new import rules

The first China bound containerized heavy recycled steel cargo from Europe, following China lifting import restrictions on the raw material Jan. 1, was being loaded at Glazewing Metal Scrapyard in Norfolk March 17. The UK trading house Atlas Commodities said it contracted in late February the first ....

Hellenic Shipping Freight News Published 3y-1mo-3d-18h-23m ago

Louisiana Calcasieu Pass LNG terminal could ship first cargo in late 2021: Venture Global

Venture Global LNG amp 8217 s Calcasieu Pass export terminal in Louisiana could ship its first cargo in late 2021, a year ahead of schedule, the operator told US regulators. The 23.4 mile TransCameron pipeline that would bring feedgas to the terminal from interstate pipelines will begin service am....

Hellenic Shipping Freight News Published 3y-1mo-3d-18h-24m ago

Ukraine wheat export prices lose $10 a tonne so far this week

Ukrainian wheat export prices have lost around $10 a tonne so far this week due to restrained demand from importers and an increase in the attractiveness of European grain, APK Inforn agriculture consultancy said on Thursday. The expected improvement in the state of winter crops in the United States....

Hellenic Shipping Freight News Published 3y-1mo-3d-18h-24m ago

FIMI raises concern over iron ore imports into Karnataka

The Federation of Indian Mineral Industries FIMI , Southern Region, has sought the intervention of Karnataka Government and Union Ministry of Mines over large quantities of iron ore brought into Karnataka despite huge stocks of iron ore in the State. FIMI has raised serious concerns about the impac....

Hellenic Shipping Freight News Published 3y-1mo-3d-18h-24m ago

Asian gasoline suppliers lift Middle East exports as East-West spread falls: sources

A weak East West spread has opened the arbitrage for gasoline to flow from Asia to the Middle East, providing a much needed avenue for several refiners that are looking to clear some of their high domestic stocks, industry and trading sources told S amp 38 P Global Platts. At least six tankers have....

Hellenic Shipping Freight News Published 3y-1mo-4d-6h-23m ago

Weak Chinese demand drives rare flow of Russian ESPO oil to U.S. -sources

More than 3 million barrels of Russian ESPO crude are heading to the United States after a gap of over a year as muted demand from Chinese independent refiners and low freight rates make the trade viable, according to trade sources and Refinitiv data. Trading house Mercuria has provisionally charter....

Hellenic Shipping Freight News Published 3y-1mo-4d-18h-23m ago

Tunisia tenders to buy durum, soft wheat and barley- trade

Tunisia amp 8217 s state grains agency has issued an international tender to purchase an estimated 42,000 tonnes of durum wheat, 117,000 tonnes of soft wheat and 75,000 tonnes of animal feed barley, European traders said on Wednesday. The tender closes on March 18, they said. The grains can be sour....

Hellenic Shipping Freight News Published 3y-1mo-4d-18h-24m ago

Malaysia maintains April crude palm oil export duty at 8%

Malaysia has kept its April export duty for crude palm oil at 8%, though it raised the reference price, a circular on the Malaysian Palm Oil Board website showed on Wednesday. The world amp 8217 s second largest palm oil producer calculated a reference price of 4,331.48 ringgit per tonne in April, ....

Hellenic Shipping Freight News Published 3y-1mo-4d-18h-24m ago

Asia too alluring for Middle East oil producers to drop the ball on hydrogen

The fast changing energy need of Asian oil importers is prompting Middle Eastern oil producers to accelerate their hydrogen efforts to ensure they can supply both oil and hydrogen to their biggest customers, a strategic push to prevent losing out a part of their future business to potential exporter....

Hellenic Shipping Freight News Published 3y-1mo-5d-2h-23m ago

Indian state refiners prepare to cut May Saudi oil imports – sources

Indian state refiners are preparing to cut oil imports from Saudi Arabia by about a quarter in May compared to average monthly purchases, two sources privy to the matter said, after the government asked them to cut dependence on Middle Eastern supplies. Indian Oil Corp, Bharat Petroleum Corp., Hindu....

Hellenic Shipping Freight News Published 3y-1mo-5d-6h-23m ago

Cheaper steel imports find their way into Europe, but buyers still cautious: sources

Foreign sellers have found their way back into Europe as chronic steel shortages, long delivery times from mills and slimmer buying opportunities weigh on the domestic market, sources told S amp 38 P Global Platts March 15. Customers were heard to be registering more interest in import material, wi....

Hellenic Shipping Freight News Published 3y-1mo-5d-6h-23m ago

Asia’s fuel exporters target sales bump as refineries shut Down Under

Asian fuel exporters are hungrily eyeing Australia as the country’s shutdown of almost all its refineries creates a bright demand spot amid otherwise coronavirus crimped markets. China appears to be best placed to take advantage of the opportunity, industry sources and analysts told Reuters, poten....

Hellenic Shipping Freight News Published 3y-1mo-5d-18h-23m ago

India: Steel firms may find it tough to export next fiscal as domestic demand increases

Indian steel companies will face problems in maintaining steel exports at current levels during the next financial year given the fact that domestic production will just about meet demand within the country, a top industry official has said. During the current fiscal, domestic steel production was 1....

Hellenic Shipping Freight News Published 3y-1mo-5d-18h-23m ago

Bangladesh issues tender to buy 50,000 tonnes of rice – trade

Bangladesh amp 8217 s state grains buyer has issued another international tender to purchase 50,000 tonnes of rice, traders said on Monday. The deadline for submission of price offers is March 24. A previously issued tender for 50,000 tonnes of rice from Bangladesh closes on March 18. Bangladesh ha....

Hellenic Shipping Freight News Published 3y-1mo-5d-18h-23m ago

Gazprom says natural gas export to non-CIS countries up 28.3%

Russian gas producer Gazprom said on Monday that its natural gas exports outside of the former Soviet Union had increased 28.3% year on year to 42.9 billion cubic metres from Jan 1 to March 15. Gazprom also said its natural gas output had risen 8.4% year on year to 112.4 bcm from Jan 1 to ... The po....

Hellenic Shipping Freight News Published 3y-1mo-5d-18h-23m ago

Drone strikes attempt to disrupt Saudi oil exports

On 14 September 2019, drone and missile attacks on oil installations in Saudi Arabia briefly put about half the country’s oil production offline. Houthi rebels in Yemen claimed responsibility, but the US administration blamed Iran, an allegation that the Iranian government denied. Whoever was resp....

Hellenic Shipping Freight News Published 3y-1mo-5d-18h-24m ago

Pakistan’s fuel oil exports to fall as peak summer season approaches: analysts

Pakistan amp 8217 s fuel oil exports are expected to drop during the peak summer season of May July, as increased household and industrial consumption drives up domestic power sector amp 8217 s reliance on the fuel, market analysts told S amp 38 P Global Platts. Abdullah Umer, a research analyst ....