Tamil Nadu Generation and Distribution Corporation Limited has issued a tender to procure 2 million mt of imported steam coal of any origin to be delivered between November 2018 and May 2019. The power utility is importing coal to make up for the shortfall in supply of domestic coal to its thermal...
Freight News
Iran oil exports to be lower than expected after sanctions, boosting prices -Trafigura
Iran will export significantly less oil than was initially expected when the United States first announced it would reimpose sanctions on Tehran, and that should boost prices, a senior executive at commodities trader Trafigura said. “I think when the sanctions were first announced a number of...
APPEC analysis: Asia may find Middle East crude supply remaining tight in 2019
Major Middle Eastern crude producers could revive their market share in Asia as the OPEC/non-OPEC output cut agreement officially ends later this year, but Asian refiners may end up paying higher prices as overall Persian Gulf supplies are expected to remain tight because of uncertainties...
CMA CGM, GRR – from Asia to South Africa
CMA CGM informs its customers of the following General Rate Restoration :
Effective October 15th, 2018 (B/L date):
From China, South Korea, Taiwan, Southeast Asia and Bangladesh
To South Africa
Quantum: USD 150/20′ – USD 300/40′
All cargo dry, reefer, OOG and breakbulk
The post CMA CGM, GRR – from Asia...
For bold Chinese buyers of soybeans, bargain U.S. prices trump trade war
At least two cargoes of U.S. soybeans are heading for China as some buyers are willing to risk taking up historically cheap U.S. beans even amid worries that Beijing may take further steps to deter imports amid mounting trade tensions with Washington. Grain traffic from the United States to China...
China imports 4.71 mln tonnes of liquefied natural gas in August
China imported 4.71 million tonnes of liquefied natural gas (LNG) in August, up 51.5 percent year on year, the country’s customs authority said. Total LNG imports in the first eight months reached 32.63 million tonnes, up 47.8 percent year on year, according to the General Administration of...
CMA CGM, General Rate Restoration
CMA CGM informs of the following General Rate Restoration :
Effective October 1st, 2018 (B/L date):
From India West Coast
To Mozambique
Quantum: USD 100/20′ – USD 200/40′
All cargo dry, OOG and breakbulk
The post CMA CGM, General Rate Restoration appeared first on Container News.
UAE buyer tenders to purchase up to 60,000 tonnes wheat- trade
A buyer in the United Arab Emirates (UAE) has issued an international tender to purchase up to 60,000 tonnes of milling wheat, European traders said on Monday. The tender also closes on Monday, Sept. 24. Shipment was sought in October/November. Russia and Ukraine were tipped as the likely origins...
https://www.hellenicshippingnews.com/uae-buyer-tenders-to-purchase-up-to-60000-tonnes-wheat-trade/
Chennai Petroleum cancels Iran oil imports
India’s Chennai Petroleum will stop processing Iranian crude oil from October to keep its insurance coverage once new sanctions by the United States against Iran go into effect, three sources familiar with the issue said. Iran’s Naftiran Intertrade Co Ltd, a trading arm for state-owned National...
https://www.hellenicshippingnews.com/chennai-petroleum-cancels-iran-oil-imports/
Iran confirms S. Korea’s halt of oil imports
Iran’s Ministry of Petroleum confirmed on Sunday that South Korea has halted oil imports from the Islamic republic. “It it for three successive months that South Korea has not imported oil from Iran,” public relations of the ministry announced. “South Korea was the first country to halt Iran’s oil...
https://www.hellenicshippingnews.com/iran-confirms-s-koreas-halt-of-oil-imports/