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
Bahrain tendering to buy 25,000 tonnes wheat – trade
A flour mill in Bahrain has issued an international tender to purchase 25,000 tonnes of wheat, European traders said on Monday. The tender closes on Oct. 2. Some 17,000 tonnes of semi-hard wheat and 8,000 tonnes of hard wheat were sought. Shipment was sought in late November. Source: Reuters...
https://www.hellenicshippingnews.com/bahrain-tendering-to-buy-25000-tonnes-wheat-trade/
Crude oil was the largest U.S. petroleum export in the first half of 2018
Crude oil surpassed hydrocarbon gas liquids (HGL) to become the largest U.S. petroleum export, with 1.8 million barrels per day (b/d) of exports in the first half of 2018. U.S. crude oil exports increased by 787,000 b/d, or almost 80%, from the first half of 2017 to the first half of 2018 and set a...
As oil forecasts call for $100, India considers cutting back crude imports
With oil traders forecasting crude oil to rise to $100 a barrel by the end of the year, Indian refiners are considering cutting back their imports and relying more on cheaper crude already stored in inventories, according to industry executives. Benchmark Brent crude oil futures surged 2 percent on...
China’s August grain imports slide on Sino-U.S. trade war
China’s grain imports fell sharply in August, customs data showed on Sunday, a month after Beijing imposed hefty tariffs on shipments from the United States, one of its top suppliers. China brought in 60,000 tonnes of sorghum in August, down 78.5 percent from 259,892 tonnes a year ago, according to...
https://www.hellenicshippingnews.com/chinas-august-grain-imports-slide-on-sino-u-s-trade-war/
Iraq’s southern oil exports close to 3.6 mln bpd -SOMO
Iraq, the second-largest OPEC producer, is exporting close to 3.6 million barrels per day (bpd) of crude from its southern oilfields, as OPEC and others ramp up output to replace supply shortfalls from Iran and Venezuela, an Iraqi oil official said. “We are a little less than 3.6 million bpd … but...
https://www.hellenicshippingnews.com/iraqs-southern-oil-exports-close-to-3-6-mln-bpd-somo/
Hapag-Lloyd announces increased prices
Hapag-Lloyd announces an increased Ocean Tariff rate for all cargoes for 20’ and 40’ General Purpose (incl. High Cube Container) from Brazil / Argentina / Uruguay and Paraguay to North and South Europe.
Valid for sailings commencing on October 20, 2018 onwards and until further notice, Hapag-Lloyd’s Ocean Tariff rate from October 20, 2018 will be:
- Standard Container
For additional port pairs please visit the Hapag-Lloyd website or contact your nearest Hapag-Lloyd office or local Hapag-Lloyd...
CMA CGM, GRR – From India West Coast to Port Louis
CMA CGM informs its customers of the following General Rate Restoration :
Effective October 1st, 2018 (B/L date):
From India West Coast
To Port Louis, Mauritius
Quantum: USD 100/20′ – USD 200/40′
All cargo dry, OOG and breakbulk
The post CMA CGM, GRR – From India West Coast to Port Louis appeared first...
http://container-news.com/cma-cgm-grr-india-west-coast-port-louis/
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...