Brazilian mills will buy at least 5.5 million tonnes of wheat from Argentina in 2020 and 2.25 million tonnes of the grain between June and November this year, the Argentine government said after a meeting with counterparts in Brazil. The announcement comes months after Brazil spooked Argentine...
Freight News
Russia’s Rosneft and Transneft agree oil shipment deal to Komsomolsky refinery
Russia’s Rosneft said on Friday it had agreed a 14-year deal, worth 59.4 billion roubles ($908 million), with pipeline operator Transneft on shipping oil to its Komsomolsky refinery in Russia’s Far East. According to the agreement, Transneft would transfer up to 8 million tonnes of oil a year to...
CMA CGM announces fresh rates from Asia
In order to maintain its service quality on CIMEX Lines, CMA CGM informs its customers of its Rate Restoration Program for June 2019 as follows:
Effective June 15th, 2019 (B/L date):
Origin Range: From all Asian ports
Destination Range: To Middle East Gulf ports
Cargo: Dry, OOG, Breakbulk & Reefer cargo
USD 200 per TEU
In addition, in order to maintain its service quality on CIMEX 2 Lines (CIMEX 2N/2CS/2K/2K2/2E), CMA CGM informs its customers of the following Rate Restoration Program for June 2019:
E...
Japan’s Apr oil imports from Iran drop 52% on month to 141,712 b/d: METI
Japan cut its Iranian crude oil imports by 51.6% month on month to 141,712 b/d in April before the expiry of US sanction waivers on May 2, according to data released Friday by the Ministry of Economy, Trade and Industry. The volume imported in March, 292,648 b/d, was the highest level since...
Canada’s first propane export facility plans to ship 1.2 million tonnes of propane a year to Asia
AltaGas Ltd. opened Canada’s first propane export terminal on Ridley Island, about 10 minutes south of Prince Rupert, B.C. The Canadian energy company has its sights set on Asia, with a deal already in place with Japanese company Astomos Energy Corporation to buy at least half of its propane...
Drewry, World Container Index – 30 May
The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is down 1.5% to $1,290.80 per 40ft container (updated Thursday, 30 May 2019).
Two-year spot freight rate trend for the World Container Index:
https://container-news.com/drewry-world-container-index-30-may/
India’s Reliance seeks LNG cargo for August delivery -sources
India’s Reliance Industries is seeking a liquefied natural gas (LNG) cargo for delivery in the first half of August, two industry sources said. The cargo is for delivery into Dahej, one of the sources said. Offers are due by Wednesday, the source added. Source: Reuters (Reporting by Jessica...
https://www.hellenicshippingnews.com/indias-reliance-seeks-lng-cargo-for-august-delivery-sources/
Russia ESPO Blend exports from Kozmino at 7.7 mln t for July-Sept 2019
Russia’s ESPO Blend oil ESPO-DUB exports from the Far East Kozmino port were set at 7.7 million tonnes for July-September 2019 against 7.8 million planned for loading in April-June, three industry sources familiar with the plan told Reuters. Rosneft will be able to load some 2.8 million tonnes from...
PetroChina exports diesel to Europe for first time -CNPC
A unit of PetroChina, Liaoyang Petrochemical Corp, has exported a diesel cargo from its refinery in northeast China to Italy, marking the state oil major’s first shipment of the fuel to Europe, the parent of PetroChina said * The 60,000-tonne shipment, or about 447,000 barrels, was loaded early...
https://www.hellenicshippingnews.com/petrochina-exports-diesel-to-europe-for-first-time-cnpc/
Maersk to revise fees in Pakistan and India
Maersk is revising the Documentation Fee – Origin (ODF) & Documentation Fee – Destination (DDF) for All Cargo in Pakistan to/from World, effective 01st July 2019.
The revised tariff amount is detailed as follow:
Pakistan | World | USD | 70 | Per Bill of lading |
World | Pakistan | USD | 65 | Per Bill of lading |
Maersk is also increasing the Documentation Fee Origin (ODF) for ALL Cargo in India with effecti...
https://container-news.com/maersk-revise-fees-pakistan-india/